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Unconventional Oil & Gas

Greka Drilling Awarded Two New Contracts by PetroChina CNPC
AIM-listed Greka Drilling, the largest independent and specialized unconventional oil & gas driller in Asia, has been awarded two new drilling contracts with PetroChina Huabei Oilfield (a subsidiary o...

Recent Unconventional Projects Updates

Block 61 - Khazzan and Makarem Gas Fields Development
Oman will start operating a plant to process gas from the Khazzan gas field early September 2017.
Favorites  Development - Updated: 7/10/2017 - Field Development Project - OM
Area CN-V (Cuenca Neuquina V)
GeoPark is drilling Rio Grande Oeste 1 exploration well in the CN-V Block.
Favorites  Exploration - Updated: 6/12/2017 - Field Development Project - AR
Block 61 - Khazzan and Makarem Gas Fields Development
Five firms – Bechtel, Jacobs Engineering and KBR, all of the US, the UK’s Amec Foster Wheeler and Australia’s WorleyParsons – were prequalified to bid by the end of April 2017 for the PMC contract covering phase two of the estimated US$16 billion Khazzan tight gas project in Block 61.
Favorites  Development - Updated: 4/18/2017 - Field Development Project - OM
Area CN-V (Cuenca Neuquina V)
Exploration drilling of Rio Grande Oeste 1 well in CN-V Block is expected to start in late April 2017.
Favorites  Exploration - Updated: 4/10/2017 - Field Development Project - AR
Block VMM-2
Mono Capuchino 1 exploration well was spud on 17 December 2016, reaching a total depth before experiencing mechanical difficulties that required the well to be sidetracked. The Mono Capuchino 1 ST reached a total depth, within the La Luna formation on 22 February 2017. The well encountered approximately 103 feet of net oil pay within the Tertiary Basal Lisama sandstone reservoir. The well will be tied into the permanent production facilities located at Mono Arana and brought on full time production within the next 60 days.
Favorites  Exploration - Updated: 3/28/2017 - Field Development Project - CO
Block 61 - Khazzan and Makarem Gas Fields Development
The amendment to the Oman Block 61 exploration and production sharing agreement (EPSA) announced in 2016 was ratified with the issue of Royal Decree 14/2017 by His Majesty the Sultan on March 19, 2017, extending the licence area of the block and enables further development of the gas reserves in the area. The newly extended area, which adjoins Khazzan to the southwest, will henceforth be known as ‘Ghazeer’. It adds approximately 1,000km2 to the block, bringing the total Block 61 size to 3,950 sq km.
Favorites  MainContract - Updated: 3/22/2017 - Field Development Project - OM
Coiron Amargo Sur Este (CASE)
PAE mobilized a drilling rig to the CAS.x-15 (ST) location to re-enter the well. The rig will drill horizontally for approximately 1,500 meters and will target the Vaca Muerta unconventional oil resource play at a vertical depth of approximately 3,200 meters. The total gross estimated cost of this Re-entry Program is $9.8 million.
Favorites  Exploration - Updated: 3/17/2017 - Field Development Project - AR
Block 61 - Khazzan and Makarem Gas Fields Development
Khazzan tight gas project is on schedule to start first natural gas production on commercial basis in the fourth quarter of 2017.
Favorites  Production - Updated: 1/28/2017 - Field Development Project - OM
Blocks 2013B, 2014B, 2114A
Significant 3D and 2D seismic surveys and interpretation have been completed and several wells in the Walvis Basin are expected to be drilled by various companies in 2017 and 2018. Successful partnerships with major oil companies carried work programme over Daniel Block– including Tullow and AziNam.
Favorites  Exploration - Updated: 1/9/2017 - Field Development Project - NA
Area CN-V (Cuenca Neuquina V)
GeoPark will start-up activities in Argentina, with expected exploration drilling during Q2 of 2017 to test CN-V Block.
Favorites  Exploration - Updated: 1/9/2017 - Field Development Project - AR

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Unconventional Oil Events

6-8 December 2016 - Kuwait
21-22 November 2016 - Jordan
9-10 May 2016 - Argentina
25-26 November 2015 - Bahrain
15-16 October 2015 - China
20-21 May 2015 - China
18-19 May 2015 - Argentina
22-24 April 2015 - China
11-12 March 2015 - Mexico
5- 6 November 2014 - United States

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