April 2012
Greetings from StratoChem Services!

 

We are pleased to announce that the Egyptian Petroleum Research Institute (EPRI) conference earlier in the month went well.  We received a lot of interest and positive feedback regarding our white paper, which discussed one of the uses of our X-Ray Fluorescence machine (for more on this device read "New from StratoChem" in the righthand column).  We had a booth at the three-day conference, which allowed us to speak at length with a number of people from the industry.  If you were unable to attend, or have questions about our paper, please do not hesitate to contact us.

 

For further information about our services please direct inquiries to: info@stratochemlabs.com


StratoChem Continues Its Partnership with Gore, Completes Survey in Tunisia

 

     A number of StratoChem employees recently spent time in Tunisia as part of our ongoing business relationship with Gore Surveys.  This most recent project was a surface geochemical survey.

 

Posing for a picture in the Gebel Edjehaf area.

 

Egypt Willing to Negotiate Israel Gas Deal With New Terms

 

(www.egyptoil-gas.com - April 24, 2012)

 

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     Egypt is willing to negotiate a new agreement to supply natural gas to Israel under different prices and terms, the country's Planning and International Cooperation Minister Fayza Aboulnaga said.

 

       The Egyptian parties to the 2005 accord notified East Mediterranean Gas Co., which transports the gas to Israel, five times about past-due amounts before deciding to end the agreement yesterday, Aboulnaga told reporters in Cairo. The last notification was issued on March 31, she said.

 

     Ampal-American Israel Corp. (AMPL), which owns 12.5 percent of EMG, said yesterday it had been informed by EMG that Egyptian General Petroleum Corp. and the Egyptian Natural Gas Holding Co. were terminating the gas-supply agreement.

 

             Read More ...

 

Iran Oil Reserves Increase by 2.8 Billion Barrels

 

(www.rigzone.com - April 21, 2012)

 

 Iranian Flag        

 

     A senior official of the Iranian Oil Ministry says the country's oil reserves have increased by 2.87 billion barrels during the previous Persian calendar year (ended March 19, 2012).

 

     The National Iranian Oil Company's Director for Exploration Seyyed Mahmoud Mohaddes said on Saturday that more than 847 billion cubic meters of new gas reserves have been discovered during the same period.  

 

     The official further stated that five new oil and gas fields, including three gas and four oil layers, were discovered in Iran last year, Mehr News Agency reported.  

 

                Read More ...

Iraq: Canadian-based WesternZagros Reports More Oil at the Kurdamir-2 Well and Sees a Share Rise of 10%

  

(http://www.energy-pedia.com/ - April 24, 2012)                                                                          

 Iraq Flag

     

  WesternZagros reported that the mean estimate of gross unrisked contingent resources has increased to 147 million barrels of recoverable and the mean estimate of gross unrisked prospective resources has increased to 1.2 billion barrels of recoverable oil  for the Oligocene reservoir in the Kurdamir Block.

 

   These results follow the major oil discovery at the Kurdamir-2 exploration well in the Kurdistan Region of Iraq. The significant increase is due to the fact that Kurdamir-2 encountered a 118 meter light oil column with no indications of a water leg at the Kurdamir-2 location, proving that the oil leg in the Oligocene reservoir on the flank of the Kurdamir structure is involved in a much larger trap than was previously interpreted.

 

                 Read More ...

  
Egypt: Bapetco Expands Western Desert Drilling

 

(www.egyptoil-gas.com - April 18, 2012) 

 

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        Badr El Din Petroleum Company (Bapetco) has concluded the drilling of two new developmental wells in its Western Desert concession area as part of its development plan for the 2011-2012 fiscal year.

 

      Egypt Oil and Gas has learned that one of the new wells, dubbed BED-128, was drilled using the EDC-52 rig to the depth of 10,420 feet, with drilling costs reaching $3.320 million. The new oil-producing well has been added to the company's overall production numbers.

 

       The other well, named SITRAB-18, was drilled using the EDC-72 rig to a depth of 11,530 feet. Costs of the operation amounted to $2.75 million.  

 

                Read More ...

UAE: DNO Signs Amended Agreement for Saleh Area

  

(http://www.rigzone.com/  - April 24, 2012)

 

  UAE Flag  

  

     DNO International ASA, the Norwegian oil and gas company, announced Tuesday that it has signed an amended concession agreement with the Government of the Emirate of Ras Al Khaimah, RAK Gas LLC and Dahan Petroleum Ltd granting Dahan exploration rights to certain outlying areas of the Saleh concession in exchange for Dahan covering the cost of DNO International's and RAK Gas' participation in such exploration program.

 

     Dahan has 12 months to conduct a technical review of existing data and to acquire 3D seismic data, following which it can elect to drill, at its sole risk and expense, an exploratory well in the acreage surrounding, but not including, the Saleh field.

 

               Read More...

 

Libya Closes in on Pre-conflict Levels 

 

(www.petroleumafrica.com - April 24, 2012)

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      Production from Libya is closing in on 100% according to the country's oil minister Abdulraman Ben Yazza.  The oil minister said that production had climbed back up to 1.5 million bpd, about 85% of its pre-conflict capacity.  Ben Yazza, speaking at the Oil and Gas Libya 2012 conference said "We hope to reach our target by the middle of this year."

Egypt: Khalda Intensifies Western Desert Drilling

 

(www.egyptoil-gas.com/ - April 18, 2012)


Egyptian flag small 

     A significant increase in drilling activity has been undertaken by Khalda Petroleum over the previous two months, as the company completed the drilling of four exploratory wells, three developmental wells, and one water injection well in its Western Desert concession. The operations come in the context of Khalda's drilling plan for the 2011-2012 fiscal year.

 

       KARANIS SW-1 ST-3 is an oil-producing exploratory well. It's located in the Matruh development lease in the Northern Egypt Basin and is currently in the appraisal stage. It was drilled to a depth of 16,500 feet via the EDC-54 rig, attracting investments of $9 million.

 

               Read More...

 

Iraq: Gulf Keystone Petroleum Shaikan-4 Well Test Achieves 24,000 bopd

 

(www.energy-pedia.com  - April 24, 2012)

  

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          Gulf Keystone Petroleum has completed the testing programme for the Shaikan-4 deep appraisal well, drilled 6 km to the west of the Shaikan-1 discovery well in the Kurdistan Region of Iraq.

 

       The extensive well testing programme commenced in December 2011 after Shaikan-4 had drilled to a total depth ('TD') of 3,387 metres. Preliminary results of the Shaikan-4 drilling operations were a significant contribution to the new data used by Dynamic Global Advisors (DGA), independent Houston-based exploration consultants, to calculate an addition of over 3 billion barrels of gross oil-in-place volumes for the Shaikan discovery announced in November 2011.  

  

              Read More... 

Issue: 4 - 2012

StratoChem employees meeting the Minister of Petroleum at the EPRI conference.

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2012
2012

.
  
News from StratoChem!
  

 

One of our most exciting and new pieces of technology, the X-Ray Fluorescence (XRF) machine is officially running samples.  Currently we are working on core samples, analyzing elements for information regarding lithology and fascies.  As we run samples, we are also exploring options beyond those of which we already know the XRF to be capable.  We have assembled a team to work solely on the XRF, experimenting with different samples and data sets to test the limits of this technology.

 

Our most recent white paper, presented in a poster session at the EPRI conference, is entitled "Chemostratigraphy of the Gebel el Maghara (Sinai, Egypt) using portable, handheld X-ray Fluorescence (XRF) Analysis."  This paper discussed one of the applications of the XRF, chemostratigraphy.  We received positive feedback at the conference, as well as interest from parties who were unable to attend.  As always, we will continue to keep you abreast of our developments with this technology.

 

epri 2012

StratoChem employee Ahmed (far left) discussing our white paper at the EPRI conference.

In This Issue
StratoChem Continues Its Partnership with Gore, Completes Survey in Tunisia
Egypt Willing to Negotiate Israel Gas Deal With New Terms
Iran Oil Reserves Increase by 2.8 Billion Barrels
Iraq: Canadian-based WesternZagros Reports More Oil at the Kurdamir-2 Well and Sees a Share Rise of 10%
Egypt: Bapetco Expands Western Desert Drilling
UAE: DNO Signs Amended Agreement for Saleh Area
Libya Closes in on Pre-conflict Levels
Egypt: Khalda Intensifies Western Desert Drilling
Iraq: Gulf Keystone Petroleum Shaikan-4 Well Test Achieves 24,000 bopd
Egypt: Sea Dragon and Dana G Test Kom Ombo Well

  


Upcoming Events
 
    
--------------------------------------------------------   
There are no abstract deadlines occurring in May 2012.  
  ------------------------------------------------------   
The following conferences occur in May 2012:
    
  • Angola International Oil and Gas Conference and Exhibition: Luanda, Republic of Angola - starting 7 May 2012

  • 7th Annual HR Strategies in Oil, Gas, and Petrochemicals Forum: Doha, Qatar - starting 14 May 2012 

  • 3rd Annual Developing Unconventional Oil Conference and Exhibition: Denver, USA - starting 14 May 2012  
  • Deep Water Asia Congress: Bali Island, Indonesia - starting 14 May 2012 

  • SPE International Production and Operations Conference and Exhibition: Doha, Qatar - starting 14 May 2012 

  • EAGE/TNO Symposium on Hydrocarbon Exploration in North Africa: Utrecht, Netherlands - 15 May 2012 

  • Oil and Gas Pipelines in the Middle East (MEPIPES): Abu Dhabi, UAE - starting 20 May 2012 
  • SPE Improving the Healthcare of Oil and Gas Fields: Dubai, UAE - starting 21 May 2012 

  • Offshore Support Vessel Conference Brazil: Rio de Janeiro, Brazil - starting 22 May 2012
  • SPE Well Integrity Management: Abu Dhabi, UAE - starting 29 May 2012  

For more complete conference information, go to the bottom of our home page at:

 
www.StratoChemServices.com.
epri 2012
StratoChem employees Bemen (far left) and Hossam in our booth at the EPRI conference.
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StratoChem employee Mahmoud (center) out in the field with Tunisians on our most recent trip to Tunis for a Gore survey.

StratoChem employee Essam out in the field during our recent Gore trip to Tunisia.
Egypt: Sea Dragon and Dana G Test Kom Ombo Well 

  

(www.petroleumafrica.com - April 26, 2012)  

     

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       Sea Dragon Energy's drilling activities on Upper Egypt's Kom Ombo Concession have led to a mixed bag of success for the company and its partner Dana Gas. The company reported that its West Al Baraka-2 (WAB-2) exploratory well, the first well in the 2012 drilling campaign, was successfully drilled to a total depth of 4,070 ft in the basement. The WAB-2 well encountered oil shows in the Abu Ballas sand and the Six Hills F reservoirs; both zones are productive in the  Al Baraka oilfield which is also on the Kom Ombo Concession. Petrophysical analysis indicated oil saturations in the primary target being the Abu Ballas sand. However, the Six Hills F sand that was perforated and tested was found to be wet.

  

                Read More ...

 

   

For more information please contact us at info@stratochemlabs.com or call us at 202-2516-1075. 
 
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