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Dorado-1 spud date slips behind Phoenix South-3

2017-06-29 ogj
The Perth-based duo of Quadrant Energy Ltd. and Carnarvon Petroleum Ltd. has decided to delay the drilling of the prospective Dorado-1 wildcat well in the Bedout sub-basin off Western Australia until mid-2018. It will now follow the group’s second appraisal well on the Phoenix South oil and gas discovery.

WoodMac: Conventional reserves play prominent role in short-term exploration outlook - Oil & Gas Journal

2017-06-29 ogj
Low-cost opportunities continue to draw operator interest in 2017, according to an exploration survey released by Wood Mackenzie Ltd. Of the 200 senior industry professionals responding to the survey, 60% rated conventional reserves as a primary resource capture option.

Barossa field appraisal bodes well for Darwin LNG plant supply - Oil & Gas Journal

2017-06-28 ogj
A ConocoPhillips-led joint venture reported a successful appraisal well in Barossa natural gas field in Bonaparte basin retention lease NT/RL5 in the eastern Timor Sea 300 km north of Darwin. The results enhance the field’s prospects as the best source to supply back-fill gas to the combine’s Darwin LNG plant that is currently supplied by Bayu-Undan field in the Timor Gap (OGJ Online, Apr. 20, 2017).

France to halt exploration licensing

2017-06-26 ogj
France will halt oil and gas exploration licensing, according to Nicolas Hulot, minister for the ecological and intrusive transition under the new government of Prime Minister Edouard Philippe.

MARKET WATCH: NYMEX crude oil price settles above $43/bbl - Oil & Gas Journal

2017-06-26 ogj
The light, sweet crude oil price for August delivery on the New York Mercantile Exchange gained modestly on June 23 to settle just above $43/bbl, but US oil prices still experienced a fifth consecutive weekly loss after dipping on June 21 to the lowest since Aug. 11, 2016.

Accelerated changes needed to meet 2050 goals, Statoil economist says

2017-06-23 ogj
Changes will need to accelerate to meet higher energy demand in 2050 while addressing growing global climate-change impacts, Statoil’s chief economist said.

Gazprom Neft starts exploratory drilling on Ayashsky block

2017-06-23 ogj
Gazprom Neft PJSC reported the start of exploratory drilling on the Ayashsky block in the Sea of Okhotsk by Japan Drilling Co. Ltd.’s Hakuryu-5 semisubmersible drilling rig (OGJ Online, Feb. 23, 2017).

API: US petroleum demand last month highest for May since 2007

2017-06-23 ogj
According to monthly statistics from the American Petroleum Institute, total US petroleum deliveries in May moved up 4.9% from May 2016 to average 20.1 million b/d. These were the highest May deliveries in 10 years and the highest deliveries for any months in more than 9 years.

MARKET WATCH: NYMEX crude oil price gains slightly, settles under $43/bbl

2017-06-23 ogj
The light, sweet crude oil price for August delivery on the New York Mercantile Exchange gained modestly but stayed below $43/bbl on June 22. It was the second consecutive settlement under that price. The US oil benchmark price climbed again in early June 23 trading.

Newly formed Tanami takes Tap Oil stake in Amulet field

2017-06-23 ogj
Newly formed private Perth company Tanami Energy Pty. Ltd. has emerged as the buyer of fellow Perth company Tap Oil Ltd.’s 20% interest in the undeveloped Amulet oil discovery in Carnarvon basin licence WA-8-L offshore Western Australia.

[Opinion] Oil price, Amerisur, President, Echo/Rockhopper, Sound, Sundry-EOG-Trinity- And finally…

2017-06-12 oilvoice
A poor week for oil as well documented supply issues took the best part of 4% off the prices. Friday recovered slightly as Nigeria suffered a pipeline incident and the outage ensured that Shell played hard ball. The rig count grew again, overall the count was up 11 units at 927, in oil it was up 8 at 741. Inventory stats this week, particularly in products will be the key tomorrow and Thursday. Amerisur Resources

Board Changes

2017-06-12 londonstockexchange
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

Double Digit Opportunities Coming In Oil

2017-05-31 seekingalpha
As an oil perma-bear, I believe an opportunity is coming to buy great companies at cheap prices.

Tap names new chairman

2016-12-05 businessnews.com.au
Oil and gas play Tap Oil has confirmed James Menzies as its new chairman, after he joined the board in May as a director and was earmarked as Doug Bailey’s successor.

Mubadala Completes Drilling MNA-17 Well in the Manora Field Off Thailand

2016-09-16 rigzone
Abu Dhabi-based Mubadala Petroleum completed drilling the MNA-17 well in the Manora Oil Development in the Northern Gulf of Thailand, joint venture partner Australia's Tap Oil Ltd. said Thursday.

Tap Oil completes drilling of MNA-17 well, well path now plugged and abandoned

2016-09-15 oilvoice
Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, Operator of the Manora Oil Development joint venture, has advised that drilling of the MNA-17 well has now been completed. At 03:00 hrs WST on 3 September 2016 the Atwood Orca jackup drilling unit commenced drilling the MNA-17 well at the Manora Oil Development.

Mubadala completes Manora development drilling in Gulf of Thailand

2016-09-15 energyglobal
Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest).

Tap Oil provides drilling update on MNA-17 well, Manora Oil Development

2016-09-09 oilvoice
Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). The Joint Venture has identified an opportunity to add further near facility production at the Manora Oil Development in 2016 through additional development drilling, and to potentially add further contingent resources via an appraisal well. Location/Purpose At 03:00 hrs WST on 3 September 2016 the Atwood Orca jackup drilling unit commenced drilling the MNA-17 well at the Manora Oil Development.

MNA-17 drilling update

2016-09-09 energyglobal
Tap Oil has provided the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest).

Tap Oil provides update on Manora Oil Development

2016-09-05 oilvoice
Tap Oil Limited (ASX:TAP) provides the following update on the Manora Oil Development in the Northern Gulf of Thailand (TAP 30% interest). The Joint Venture has identified an opportunity to add further near facility production at the Manora Oil Development in 2016 through additional development drilling, and to potentially add further contingent resources via an appraisal well. Location/Purpose Mubadala Petroleum, Operator of the G1/48 concession, has advised that at 03:00 hrs WST on 3 September 2016 the Atwood Orca jackup drilling unit commenced drilling the MNA-17 well at the Manora Oil Development.

Noble Corp. - Complete Fleet Analysis As Of August 17, 2016 And Commentary

2016-08-17 seekingalpha
Noble released its August Fleet status yesterday. The company announce one small contract in Australia with Apache and the early termination of the JU Tom Prosser.

Quadrant Fails to Find Hydrocarbons at Driftwood-1 Well in Carnarvon Basin

2016-08-16 rigzone
Quadrant Energy, operator of the WA-320-P permit in the Barrow sub-basin of the Northern Carnarvon Basin, offshore Western Australia did not encounter any hydrocarbon shows when drilling the Driftwood-1 commitment well, partner Tap Oil reported Monday.

Quadrant Energy completes Driftwood-1 well in WA-320-P as a dry hole

2016-08-15 oilvoice
JV partner Tap Oil has provided an update on the Quadrant Energy-operated Driftwood-1 well in Carnarvon Basin permit WA-320-P in which it holds a 9.778% participating interest. The WA-320-P permit is located in the Carnarvon Basin, offshore Western Australia and the Driftwood-1 commitment well is located in WA-320-P in the Barrow sub-basin of the Northern Carnarvon Basin, approx. 1km north of the Rosily-1A exploration well which had minor oil shows.

Quadrant Spuds Driftwood-1 Well in Permit WA-320-P in Carnarvon Basin

2016-08-02 rigzone
Tap Oil Ltd. reported Tuesday that operator Quadrant Energy has commenced drilling Monday the Driftwood-1 exploration well in the WA-320-P permit in the Barrow sub-basin of the Northern Carnarvon Basin, offshore Western Australia using the Noble Tom Prosser (400' ILC). 

Tap Oil and Quadrant Energy to drill Palmerston-1 well in Carnarvon Basin permit WA-320-P

2016-06-30 oilvoice
JV partner Tap Oil has provided an update on the Quadrant Energy-operated WA-320-P permit in which it holds a 9.778% participating interest. The WA-320-P permit is located in the Carnarvon Basin, offshore Western Australia. As previously announced in the March 2016 quarterly (ASX release 30 April 2016) a commitment well is due in WA-320-P by the fourth quarter 2016. After extensive technical evaluation and engagement with the regulator, Quadrant Energy (formerly Apache), Operator of the WA-320-P permit, has recommended the Driftwood-1 well as the year 3 commitment well in WA-320-P, replacing the previously proposed Palmerston-1 well.