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Latest Petroleum reservoir Stories

2008-10-15 18:00:21

InterOil Corporation (TSX: IOL) (AMEX: IOC) (POMSoX:IOC), today announced that drilling has commenced on the Antelope-1 appraisal well, located approximately 1.7 miles (2.8 km) south of the Elk-4 discovery well in Petroleum Prospecting License 238. The planned total depth of the well is approximately 7,900 feet (2,400 meters) and is expected to take in the order of 90 days to drill. "We are excited by the pre-drill indications and current seismic data of the Antelope-1 well which indicate...

2008-10-15 09:00:00

SALT LAKE CITY, Oct. 15 /PRNewswire-FirstCall/ -- FX Energy, Inc. today released production test and log interpretation data for the Company's recent Kromolice-1 well in the "Fences Concession" of central Poland. The well encountered a 48 meter gas saturated column of Rotliegend sandstone from 3,548 to 3,596 meters with average porosity ranging from 14% to approximately 20%. Drill stem tests yielded a calculated maximum absolute open flow of 50 to 64 million cubic feet of gas per day....

2008-09-23 12:00:45

Petrolia Inc. (TSX VENTURE: PEA) - In order to select the best drilling locations, Petrolia has successfully completed a large-scale geochemical and geo-microbial survey on Anticosti Island. The Company has applied this unconventional geochemical technique in order to prioritize, amongst a number of structures that have already been detected by seismic, the ones most likely to contain hydrocarbons. This type of survey has been successfully used worldwide for some time, and has located a...

2008-08-28 09:01:10

Premier Oil, engaged in oil and gas exploration, development and production, has announced that the Chim Cong well on Block 12W in Vietnam has been drilled into the basement to a total depth of 2,964 meters, resulting in an oil discovery. Wireline logging indicated that 7m of net oil pay was encountered in sandstone overlying the basement. A drill stem test confirmed the discovery. Owing to poor rock quality of the reservoir at this location, the oil flow rate achieved was marginal. The...

2008-08-18 18:00:35

SOFIA, Bulgaria, Aug. 18 /PRNewswire/ -- Direct Petroleum Exploration Inc. (DPE) has finished the initial phase of the completion of its Deventci R1 gas discovery well in northern Bulgaria. Limited flow testing was undertaken on the high pressure Lower Jurassic Ozirovo zone on Sunday 17-August at the well site some 150 kilometers northeast of the capital, Sofia. Substantial gas and rich condensate flows were observed at the surface though no verifiable measurements were taken due to the...

2008-08-14 00:00:39

CALGARY, ALBERTA--(Marketwire - Aug. 13, 2008) - Bronco Energy Ltd. ("Bronco" or the "Company") (TSX:BCF) announces an update on production and drilling operations. With the inlet tanks repaired in June, Bronco was able to refocus its efforts on process controls and commissioning of the treater in July. Production was limited for July as instrumentation settings, level controls and process enhancements were performed to calibrate the treater. August has seen a significant improvement in...

2008-07-04 12:00:25

CALGARY, ALBERTA--(Marketwire - July 4, 2008) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. Antrim Energy Inc. ("the Company") (TSX:AEN) (LSE:AEY), an international oil and gas exploration and production company, today released drilling results from its Causeway well 211/23d-18 (Antrim 65.5%) in the UK North Sea. The 23d-18 well drilled a significant oil column, including a new oil accumulation in the Etive Formation. The 23d-18 well, which was drilled...

2008-06-30 15:02:56

VANCOUVER, June 30 /PRNewswire-FirstCall/ -- Norwood Resources Ltd. (the "Company") announces that in preparation for the commencement of the production testing of the Maderas Negras and San Bartolo wells in late July, 2008, the Company has continued to refine the petrophysical model of Maderas Negras. Using data from Core Lab's analyses of whole core recovered during the drilling program and Schlumberger's additional evaluation of the well logs, the calculated amount of net hydrocarbons has...

2008-06-30 15:02:56

ATP Oil & Gas Corporation (NASDAQ:ATPG) today announced that it has acquired a 55% working interest in Green Canyon Blocks 299 and 300, collectively known as "Clipper", with wells located in approximately 3,400 feet water in the Gulf of Mexico. ATP plans to complete one existing well and sidetrack and complete a second well tying-back to existing industry infrastructure with first production slated for late 2009. Four wells drilled in 2005 and 2006 logged hydrocarbons, but none were...

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2006-06-28 12:05:00

By Patricia Reaney LONDON (Reuters) - Creating artificial seismic waves, similar to those that occur during an earthquake, could help squeeze more oil from natural reservoirs, scientists said on Wednesday. They discovered that in addition to sending tremors that knock down buildings, earthquakes greatly increase the permeability of rocks to transmit fluids including oil. "Shaking increases permeability," Emily Brodsky, an assistant professor of Earth Sciences at the University of California,...