Exploration Development

North Sea wildcat comes up dry for Spirit Energy

Spirit Energy Norge AS has permanently plugged and abandoned wildcat well 7322/7-1 in the North Sea, the Norwegian Petroleum Directorate said. The well, the first exploration well in Spirit-operated production license 852, is dry.


Caspian leaders sign territorial agreement

Leaders of countries with Caspian Sea coasts have signed an agreement on territorial claims under dispute since collapse of the Soviet Union in 1991. Clarification of at least some legal questions will ease impediments to…




OGA contracts aim at boosting UKCS work

The UK Oil & Gas Authority has awarded a series of contracts to support work designed to boost exploration of the UK Continental Shelf. Under a contract funding the first year of the 4-year UKCS…


Second Buzzard development phase approved

Nexen Petroleum UK has received approval from partners and the UK Oil & Gas Authority for second-phase development of Buzzard oil and gas field in the Central North Sea. The new phase includes the installation…




Eni Area 1 development off Mexico approved

Eni SPA has received approval to develop its shallow-water Amoca, Mizton, and Tecoalli oil discoveries in Area 1 of Mexico’s Campeche Bay. The National Hydrocarbon Commission approved its plan for phased development, with early production…


India consolidating oil and gas licenses

India’s Union Cabinet is consolidating hydrocarbon types in its oil and gas licenses in a move that for the first time will allow nonstate operators to develop shale resources. Until now, India has awarded separate…