Tag: exploration
Noble Energy acquires deepwater GoM acreage
Noble Energy has reached an agreement with BP Exploration & Production to acquire 50% of BP's interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a 50% working interest in 13 leases and an average 26% working interest in 4 leases.
Capstone acquires option on exploration property
Capstone Mining has entered into an option agreement with Sociedad Química y Minera de Chile (SQM) to earn up to 70% of a property, Project Providencia.
Statoil awarded 15 leases in U.S. Gulf of Mexico
Statoil was the highest bidder on 15 leases in the central region U.S. Gulf of Mexico lease sale. With the addition, Statoil will control more than 340 leases in the Gulf of Mexico, further securing its significant lease holder position.
“This addition of leases allows us to further build upon our broad-based strategy for exploration in the U.S.
Chevron sets multi-billion 2013 exploratory budget
Chevron Corporation has announced a $36.7 billion capital and exploratory investment program for 2013.
"Consistent with long-stated strategies, we're investing in a portfolio of very attractive oil and gas projects that will deliver volume growth and real value to our stockholders," said Chairman and CEO, John Watson.
Statoil awarded 26 Gulf of Mexico leases
Statoil was the highest bidder in the first lease sale in the Central Gulf of Mexico since March 2010, being awarded 26 leases.
Bids granted for Uruguay offshore exploration
Nineteen bids to explore oil off the coast of Uruguay have been submitted by nine energy companies.
Whitehorse Trough exploration project cancelled
Following a public outcry, the government of Canada’s Yukon territory has announced that it will not pursue oil and gas exploration work in its Whitehorse Trough area.