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Mexico to Cancel Feb Auctions for Oil, Gas Blocks including 1st Shale Areas
Mexico’s energy secretary Rocio Nahle said that President Andres Manuel Lopez Obrador’s newly installed administration would cancel two February bidding rounds for oil and gas blocks, including Mexico...

Recent Unconventional Projects Updates

Block 61 - Khazzan and Makarem Gas Fields Development
Petronas would buy a 10 percent stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned Oman Oil Company. Completion of the transaction is subject to closing conditions.
Favorites  MainContract - Updated: 10/21/2018 - Field Development Project - OM
Tanjung Enim PSC
During Q2 of 2018, NuEnergy submitted the first POD for the Tanjung Enim PSC (POD I) to the Head of the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas). After a final review, SKK Migas will submit it to the Indonesia Ministry of Energy and Mineral Resources for approval. This POD I submission represents a key regulatory milestone in the development of the Tanjung Enim PSC. The POD I submission also signifies the first CBM POD in Indonesia. The proposed POD I plans for the development in two target areas, in the north and south of the PSC covering ~ 33km2 (or 13% of the total PSC acreage) where NuEnergy has focused its exploration, drilling and pilot production activities over the last 8 years. The Indonesia Research and Development Center for Oil and Gas Technology (LEMIGAS) has confirmed and certified reserves totalling ~164.89 Bscf in these two target development areas.
Favorites  Development - Updated: 7/26/2018 - Field Development Project - ID
Muralim CBM PSC
During Q2 of 2018, SKK Migas granted the Exploration Period extension to the Muralim PSC for four years to 2 December 2020 after NuEnergy successfully completed drilling one exploratory well and conducted permeability tests on two existing wells in the Q1 of 2017 as part of the program to fulfil the PSC commitments to apply for the Exploration Period extension. The program will also enable NuEnergy to improve the understanding of the coal characterization to the eastern part of the Muralim PSC where the other NuEnergy South Sumatra PSCs are located.
Favorites  MainContract - Updated: 7/25/2018 - Field Development Project - ID
Block 61 - Khazzan and Makarem Gas Fields Development
Oman Oil Co. is planning to sell a 10 percent stake in Khazzan Gas Field amid a review of the state-owned energy producer’s options for restructuring its business.
Favorites  MainContract - Updated: 5/30/2018 - Field Development Project - OM
Tanjung Enim PSC
NuEnergy Gas Limited has submitted the First Plan of Development for the Tanjung Enim Field (POD I) within the Tanjung Enim PSC to the Head of the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (commonly referred to as SKK Migas), who upon its final review will submit to the Indonesia Ministry of Energy and Mineral Resources for approval. The proposed POD I plans for the gas production and delivery to plateau at 25 MMSCFD for 10 years. The POD I submission for the Tanjung Enim PSC also signifies the first Coal Bed Methane (CBM) POD in Indonesia. The proposed POD I plans for development in two target areas, in the north and south of the PSC covering ~33km2 (or 13% of the total PSC acreage) where NuEnergy has focused exploration, drilling and pilot production activities over the last 8 years.
Favorites  Development - Updated: 4/30/2018 - Field Development Project - ID
Muralim CBM PSC
The Indonesian Special Task Force for Upstream Oil and Gas Business Activities (commonly referred to as SKK Migas) has granted the Exploration Period extension to the Muralim PSC for four years up to 2 December 2020.
Favorites  MainContract - Updated: 4/18/2018 - Field Development Project - ID
Fuling Shale Gas Block
Nearly 700 new wells will come onstream between 2018 and 2020 at three key projects - Sinopec’s Fuling, and PetroChina’s Changning-Weiyuan and Zhaotong - all located in the country’s southwest, and at a total cost of $5.5 billion.
Favorites  Development - Updated: 4/17/2018 - Field Development Project - CN
Block 61 - Khazzan and Makarem Gas Fields Development
BP, together with its partner the Oman Oil Company Exploration & Production, has approved the development of Ghazeer, the second phase of the giant Khazzan gas field.
Favorites  MainContract - Updated: 4/9/2018 - Field Development Project - OM
Tanjung Enim PSC
NuEnergy Gas Limited has received the coal bed methane (CBM) reserves certification from the Indonesia Research and Development Center for Oil and Gas Technology (LEMIGAS) for the Tanjung Enim (TE) PSC initial Plan of Development (POD) target development areas. The CBM reserves certification has confirmed 86.05Bscf for P1 and 78.84Bscf for P2 totalling ~165Bscf for the target development areas covering 33 km2 (or 13% of the TE PSC acreage). Once the POD is approved, CBM commercial development may commence for that specified resource.
Favorites  Development - Updated: 1/15/2018 - Field Development Project - ID
Block 61 - Khazzan and Makarem Gas Fields Development
Bp has awarded Jacobs Engineering Group Inc. an engineering, procurement and construction management (EPCM) contract for the Phase 2 of the Khazzan Project. Under the terms of the three-year contract, Jacobs will continue to deliver engineering, procurement and construction management (EPCM) services in support of the project, including the ongoing expansion of the gas gathering system, wellsite facilities and export pipelines.
Favorites  MainContract - Updated: 1/10/2018 - Field Development Project - OM

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