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petrisAAPG Geoscience WorkshopsPetro Searchparadigm_may2013

industry news

Dividend delights dazzle Woodside shareholders
Woodside CEO Peter Coleman.
Woodside Chief Executive Peter Coleman has fast surfaced as the darling of the company's shareholders, who overwhelmingly approved the Australian oil and gas producer's remuneration .. read full article
Government geoscience enters new phase in the search for oil and gas
Crew aboard the RV Southern Surveyor deploy equipment during a hydrocarbon seepage survey of the northern Perth basin.
Image courtesy of Commonwealth of Australia (Geoscience Australia) 2012.
From colonial times, government geoscience has played a key role in revealing the resource endowment of Australia, even when geology itself was a young science. Today that work .. read full article
TAG Oil sees Bakken-like prospects in NZ play
TAG Oil’s East Coast New Zealand assets.
Canadian E+P company TAG Oil has a spring in its step after drilling its 100% controlled Ngapaeruru-1 exploration well in New Zealand and encountering elevated mud gas readings .. read full article
Chevron steps into Argentina shale with US$1.5 B investment
Argentina shale oil and gas plays.
Chevron has become the first supermajor to step into shale oil plays in Argentina where state owned energy company YPF has announced that a US$1.5 B deal will be signed in July .. read full article
Canadian Court rules for Chevron in US$19 B lawsuit
Attempts by Ecuadorian villagers to get a Canadian court to enforce a US$19 B judgement against Chevron was dismissed in the Ontario Superior Court in a ruling hailed by the global .. read full article
ION GX Technology opens new processing centre in Australia
Ion’s new office at Murray Street, West Perth.
Leading geophysical services provider ION GX Technology is expanding into the Australian and Asia-Pacific market and opening a new regional seismic processing facility in Perth. .. read full article
Welcome to the long distance LNG future
A UPS employee fills one of the company’s long-distance LNG trucks.
The long-distance LNG revolution continues with UPS, the world's largest package delivery company, announcing plans to purchase 700 LNG vehicles as well as building four refuelling .. read full article
Statoil looks to farm in to BP Bight permits
Norwegian oil and gas major Statoil has gained access to what Pal Haremo, senior VP for Global new ventures in Exploration said is a vast, underexplored area with high-impact potential, .. read full article
APPEA slams cash bidding system for offshore exploration acreage
Australian oil and gas industry lobby group APPEA has rallied against Labor government announcements to introduce a cash bidding system for the allocation of offshore petroleum .. read full article
Santos stakes its territory
Santos acreage.
The Northern Territory has added another investment feather to its resource cap with news that Santos, Australia's second largest oil and gas producer, will spend $100 MM on a drilling .. read full article
Tauton well update
Apache has encountered technical difficulties at the Tauton offshore oilfield 40 km north-northeast of Onslow in the Carnarvon Basin, but will attempt a second sidetrack well .. read full article
Minister looks forward to LNG 18
Bill Marmion, WA’s Minister for Mines and Petroleum.
Western Australia's brand new Minister for Mines and Petroleum, Bill Marmion, could hardly have asked for more appropriate offices to survey the kingdom of one of the greatest resource .. read full article
Will Aus take its cue from Chevron and Shell ceasefire with Greens?
Now that Chevron and Shell have smoked a peace pipe with environmentalists in the United States, the spotlight is on an Australian oil and gas industry facing similar challenges.
Image courtesy of the Museum of the American West.
As the Australian oil and gas industry ponders the issue of 'what now?' in the post-mortem of Woodside's ill-fated plans to commercialise Browse Basin gas onshore at James Price .. read full article
Chevron’s E&P excellence results in takeover of Shell’s No. 2 spot
Location of Chevron Australia’s 21 gas discoveries since 2009, adding 10 Tcf to the company’s reserves over the northwest of Australia.
Chevron's Midas touch for discovering gas off northwest Australia continues unabated with the global supermajor announcing another successful strike at the Exmouth Plateau in the .. read full article
UK shale industry: the fracking debate commences
The USA's growing shale gas production has resulted in a dramatic reduction in energy prices and helped revitalise the manufacturing industry, but the UK's Energy and Climate Change .. read full article
PPD May 2013
NUS