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Exploration & Development

W&T Offshore sells non-core asset in Mexico By EBR Staff Writer
W&T Offshore, an oil and natural gas producer, has sold 40% of its non-operating working interest in South Timbalier 41 field located on the shelf of the Gulf of Mexico to Energy Partners for a total consideration of $32.375m.
Oil & Gas > Exploration & Development > News
Spectra Energy to invest $6bn in expansion program in Canada By EBR Staff Writer
Spectra Energy intends to invest $4-6bn in British Columbia, Canada after 2015 to progress its ongoing expansion program.
Oil & Gas > Exploration & Development > News Statoil to use Seadrill's drilling rig for exploration in Canada By EBR Staff Writer
Statoil will use Seadrill's deepwater drilling rig, West Aquarius, for its 2012-2013 exploration activities offshore Newfoundland, Canada.
Oil & Gas > Exploration & Development > News
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W&T Offshore sells non-core asset in Mexico
17 May 2012 | By EBR Staff Writer
W&T Offshore, an oil and natural gas producer, has sold 40% of its non-operating working interest in South Timbalier 41 field located on the shelf of the Gulf of Mexico to Energy Partners for a total consideration of $32.375m.
Oil & Gas > Exploration & Development > News
Spectra Energy to invest $6bn in expansion program in Canada
16 May 2012 | By EBR Staff Writer
Spectra Energy intends to invest $4-6bn in British Columbia, Canada after 2015 to progress its ongoing expansion program.
Oil & Gas > Exploration & Development > News
Statoil to use Seadrill's drilling rig for exploration in Canada
15 May 2012 | By EBR Staff Writer
Statoil will use Seadrill's deepwater drilling rig, West Aquarius, for its 2012-2013 exploration activities offshore Newfoundland, Canada.
Oil & Gas > Exploration & Development > News
WPX Energy completes $306m sale of natural gas assets in US
15 May 2012 | By EBR Staff Writer
WPX Energy has completed the $306m sale of its drilling properties in Texas and Oklahoma, US to a joint venture group led by Kohlberg Kravis Roberts and Co.
Oil & Gas > Exploration & Development > News
Chesapeake Energy secures $3bn loan in US
14 May 2012 | By EBR Staff Writer
US based Chesapeake Energy Corp has secured a $3bn loan from Goldman Sachs Bank USA and affiliates of Jefferies Group, which will be used to repay the company’s debts.
Oil & Gas > Exploration & Development > News
TGS starts multi-client 3D seismic survey on UKCS
14 May 2012 | By EBR Staff Writer
TGS-NOPEC Geophysical Company has commenced acquisition of a multi-client 3D survey in the Erlend Basin on the UK Continental Shelf (UKCS), West of Shetlands.
Oil & Gas > Exploration & Development > News
BreitBurn Energy acquires oil and gas properties in Texas
11 May 2012 | By EBR Staff Writer
BreitBurn Energy Partners has inked two separate deals to acquire oil and natural gas properties located in the Permian Basin in Texas, US for about $220m.
Oil & Gas > Exploration & Development > News
Exoma Energy spuds exploration well in Australia
11 May 2012 | By EBR Staff Writer
Exoma Energy has spudded Alma-1, an exploration well to test coals seam gas (CSG) and shale oil/gas in the Galilee basin, Longrach Queensland, Australia.
Oil & Gas > Exploration & Development > News
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Oil & Gas > Exploration & Development > Suppliers
Leighton wins $900m LNG contracts in Queensland
10 May 2012 | By EBR Staff Writer
Leighton Holdings subsidiary, Leighton Contractors, has secured nearly $900m worth of liquefied natural gas contracts in Queensland, Australia.
Oil & Gas > Exploration & Development > News
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