Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
Tullow Oil upbeat on prospects for oil offshore Gabon
by Daniel J. Graeber
London (UPI) Oct 10, 2014


disclaimer: image is for illustration purposes only

Though reserves encountered so far off the coast of Gabon are non-commercial, Tullow Oil said Friday it was encouraged by the West African results.

Tullow said its drilling partner, Perenco, ran into a 980-foot column of hydrocarbons while drilling into the Arouwe block off the coast of Gabon, but the reserve potential was considered too low to exploit commercially.

Nevertheless, Tullow Exploration Direction Angus McCoss said the data taken from the well was useful for future plans.

"This is an encouraging result from the pre-salt play, offshore Gabon," he said in a statement.

Reserves off the coast of Gabon are similar to those in Brazil in that they're located beneath a thick layer of submarine salt. Gabon's geological similarities to Brazil raised hopes for oil production among energy explorers, but so far the region has turned up mostly natural gas.

Italian energy company Eni and Australian major Woodside Petroleum are among the more active players in a re-emerging Gabonese oil sector.

Oil production peaked in the late 1990s and Gabon has since fallen from the No. 3 oil producer to the No. 6 position in the region because of field maturation.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
EU leans on Serbia over South Stream gas pipeline
Brussels (UPI) Oct 9, 2014
The European Union said Serbia needs to get in line with regional energy regulations, notably as they relate to the planned South Stream gas pipeline. Serbia and the EU begin formal discussion on accession in January. In a status report, the EU said the Serbian government has made progress in aligning itself with European governance, but it's lacking in key foreign policy and economic a ... read more


OIL AND GAS
Saudi Arabia seeks billion-dollar air defense deal

US plans Patriot missile sale to Saudi Arabia:Pentagon

Israel taps Raytheon for Iron Dome interceptor components

Raytheon producing backup components for missile defense radar

OIL AND GAS
Nulka missile decoy system undergoing upgrade

UAE asks U.S. for $900M rocket artillery deal

U.S. Navy eyes Norwegian missile

Raytheon announces full-rate production of Talon rocket

OIL AND GAS
Aurora Flight Services receives DARPA funding

AeroVironment supplying spare parts for Army's unmanned aerial systems

California bans paparazzi drones

USMC Orders RQ-12 Wasp AE UAVs

OIL AND GAS
'Space bubbles' may have aided enemy in fatal Afghan battle

Space control Airmen ensure constant communication

Russian Aerospace Defense Forces Again Dismiss Satellite Explosion Rumors

Harris Corporation supplying radios to Air Force Special Operations Command

OIL AND GAS
S-400 Air Defense Regiment Takes up Duty in Russia's South

U.S. Army Reserve gets M1271 Medium Flail Mine Clearing Vehicles

More recovery vehicle upgrade work for BAE Systems

Thales US receives contract for FMS deal

OIL AND GAS
German push onto world stage hit by defence failures

Poland, Pakistan, Lebanon seek U.S. military hardware

Airbus to restructure defence division, sell off units

Netherlands ups defence spending in wake of downed MH17

OIL AND GAS
Dalai Lama marks Nobel anniversary as Western support wanes

Philippines, US marines conduct exercises near China-held reef

White House rejects Panetta critique of Obama

HK protesters refuse to budge as deadline to clear streets arrives

OIL AND GAS
Fast, cheap nanomanufacturing

Smallest world record has 'endless possibilities' for bio-nanotechnology

Nanoparticles give up forensic secrets

All directions are not created equal for nanoscale heat sources




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.