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Greetings from StratoChem Services!
A generous Ramadan to all of you from StratoChem Services! August brings us into the final days of our very hot but very successful summer here in Egypt. July saw StratoChem exhibiting and presenting the findings of their exciting new study with Spectrum at the LIPE conference in Beirut as well as the addition of renowned geochemist Henry Halpern to StratoChem's team as chief research and interpretation consultant. Indeed, the warmer months have been as busy and rewarding as expected. As we head into autumn, expect more exciting developments from StratoChem, including a brand new website, new services, exhibitions, and much more!
For further information about our services please direct inquiries to: info@stratochemlabs.com
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StratoChem Presents Joint Study With Spectrum ASA
StratoChem geochemist Hossam Ali peaked the interest of the exploration industry at the Lebanon International Petroleum Expo in Beirut. when he presented the results of an important new study conducted with Spectrum ASA on the Levantine basin in the eastern Mediterranean. The study utilizes Spectrum's grid of high quality 2-D seismic data with extensive geochemical basin modelling generated by the experienced geologists and chemists of StratoChem. This is the only study of its kind for offshore Lebanon. The report utilises oil and gas sample information from regional wells as well as outcrop samples collected specifically for StratoChem from the northern Lebanese coast.
The unique combination of all this data has allowed us to:
- Determine potential kitchen areas
- Assess the quality, maturity and thermal history of potential source rocks
- Estimate times of hydrocarbon generation and expulsion
- Delineate likely gas and oil migration pathways, drainage areas as well as the actual potential hydrocarbon accumulations.
The joint study presents exploration and production companies focused on the Eastern Mediterranean with a crucial source of information that cannot be obtained anywhere else.
For more information on prices and availability, contact:
Debbie Sewell (Spectrum)
debbie.sewell@spectrumasa.com
T: +44 (0) 1483 730201
M:+44 (0) 7710 649988
or
David Mungo (StratoChem Services)
david.mungo@stratochemlabs.com
T: +20 (0) 22516 1075
M: +20 (0) 10919 17185  A rapt audience listening to Hossam Ali presenting on the SCS-Spectrum study of the E. Mediterranean basin at LIPE in Beirut.
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| Circle Oil Announces Operating Update in Egypt
(www.egyptoil-gas.com - July 24th, 2012)
Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field ("AASE") and the Geyad field.
Development well AASE-12X was spudded on 25 April 2012 and is located in the south- central part of the AASE field, updip of the Al Ola-1X producer. The well's objective was to appraise both the Shagar and Rahmi sands production in that location. The well reached a TD of 10,200 ft MD before being sidetracked to the north-east, for geological reasons, as AASE-12X ST1 and was then successfully drilled to a total depth of 10,300 ft MD into the base Kareem.The well encountered 15.5 ft of net pay in the Kareem Shagar sand, with oil bearing sands present to the base of the reservoir. The well has been completed as a Shagar sand producer and has been perforated in the interval 9,669 to 9,684.5 ft MD and flowed oil and gas on test at an average rate of 2,595 bopd and 4.7 MMscf/d respectively, on a 48/64" choke. The well has now been placed on production at an initial flow rate of1,038 bopd using a 28/64" choke.
Read More ...
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Algeria Petroceltic Provides Update on Ain Tsila Declaration of Commerciality Process
(www.energy-pedia.com - July 25, 2012)
Petroceltic International has provided an update on the Declaration of Commerciality process in relation to the Ain Tsila gas field situated in the Illizi basin of Algeria.
In January 2012 Petroceltic and Enel submitted a draft plan of development for the Ain Tsila field to Sonatrach for its consideration. On 25th April the partners agreed to a 3 month extension until 24 July to enable completion of these discussions and over the last number of months this draft plan has been substantially agreed. In addition, very significant progress has also been made towards the finalisation of the principal terms of the associated Gas Sales arrangements.
Read More ...
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Chevron Confirms Kurdistan Purchase, Sees "Promise" There
(www.egyptoil-gas.com - July 23, 2012)
Chevron Corp confirmed on Thursday its purchase of 80 percent of two blocks in Iraq's Kurdistan, where the second-largest U.S. oil company sees "considerable promise" despite active diplomatic disputes over the region.
Chevron, confirming a Reuters report from Wednesday, will be following in the footsteps of larger rival Exxon Mobil Corp (XOM.N), whose exploration agreement with the Kurdistan Regional Government is deemed illegal by Baghdad.
The Exxon deal last November marked the first time a major oil company dealt directly with the Kurds in northern Iraq. While Marathon (MRO.N) and Murphy Oil (MUR.N) have exploration deals there too, Exxon has the added complication of a stake in the West Qurna oilfield in the south.
Read More...
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Iraq: Gulf Keystone Petroleum Spuds Gulak-1 Exploration Well
Gulf Keystone notes today's announcement by MOL Hungarian Oil and Gas Plc., the operator regarding the spudding of the Gulak-1 exploration well on the Akri-Bijeel block in the Kurdistan Region of Iraq.
Gulak-1 is the fourth exploration well to be drilled on the Akri-Bijeel block and the first exploration well to target the Gulak anticline at the extreme eastern end of the block. The well is being drilled 21.4 km to the east from the Bijell-1 discovery well and 28.3 km to the east-southeast from the Bijell-3 (Aqra-1) appraisal well, which is also drilling ahead. Gulak-1 will target prospective intervals in the Jurassic and Triassic drilling to a planned total depth of approximately 3,658 metres in the Triassic Kurra Chine formation. Read more. . .
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Iraq: Total Farms Into Marathon Oil's Kurdistan Blocks Harir and Safen
( www.energy-pedia.com/ - July 31, 2012)
Marathon Oil Corp announced Tuesday that its subsidiary Marathon Oil KDV has closed farmout agreements with subsidiaries of Total under which Total has acquired 35 percent working (43.75 percent paying) interests in the Harir and Safen blocks in the Kurdistan Region of Iraq. With this transaction, Marathon Oil reduces its stake to a 45 percent working (56.25 percent paying) interest in each of the two blocks while remaining operator of the Harir block and exploration operator of the Safen block. A Total subsidiary will become the operator of any development of the Safen block. The Kurdistan Regional Government continues to have a fully carried 20 percent interest in each of the blocks. The Harir block is approx. 174,000 gross acres (705 sq kms) and the Safen block is approx. 105,000 gross acres (424 sq kms). Both blocks are located northeast of Erbil.
Read More...
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Nigeria Buys Shell Onshore Block
State oil company Nigerian National Petroleum Corp (NNPC) and a local company bought an onshore oil block operated Royal Dutch Shell on Tuesday, NNPC said in a statement. OML 34 is among three onshore blocks that the Anglo-Dutch major has been trying to divest this year as part of a rejig of its portfolio in Nigeria. NNPC said it and a company called ND Western will now run the oil block, saying in the statement that it is 'a major milestone in the oil and gas sector'. 'The taking over of Oil Mining Lease (OML) 34 by the Nigerian National Petroleum Corporation and ND Western (is) part of measures to grow the in-country upstream capacity of the petroleum industry,' the statement said. NNPC takes 55 percent and ND Western 45 percent of the block from Shell Petroleum Development Corp, a Shell-run joint between NNPC, with 55 percent; Shell, with 30 percent; EPNL, with 10 percent; and Agip, with 5 percent. Read More...
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Senior geochemist, Hossam Ali explaining the results of SCS and Spectrum's groundbreaking new basin modeling study of offshore Lebanon at StratoChem's booth in the LIPE conference last month.
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. Henry Halpern, Renowned Geochemist, Joins StratoChem!
StratoChem Services is thrilled to welcome Dr. Henry Halpern, former senior geochemist for Saudi Aramco, aboard the SCS team as a chief Research and Interpretation Consultant. Dr. Halpern will bring his decades of experience as an exploration geochemist around the world. Dr. Halpern will oversee quality control of all data and interpretation as well as lending his considerable creative and intellectual skill set to StratoChem's R&D efforts. He will also be joining StratoChem's marketing team at their booth in Singapore for the AAPG International Conference & Exhibition this September.
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Dr. Henry Halpern lectures StratoChem scientists.
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Upcoming Events
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There are no abstract deadlines occurring in August 2012.
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The following conferences occur in August 2012:- Practical Solids Control School: Houston, TX, US - starting August 6th, 2012
- SUBSEA 100: Houston, TX, US - August 14th, 2012
- NEBOSH ITC Oil & Gas Operational Safety: CBD, Perth, Australia - starting August 27th, 2012
- IV PCIC - Petroleum and Chemical Industry Conference Brazil: Rio di Janeiro, Brazil - starting August 27th, 2012
- Offshore Northern Seas (ONS): Stavanger, Norway - starting August 28th, 2012
For more complete conference information, go to the bottom of our home page at:
www.StratoChemServices.com. |
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Dr. Halpern listens to a question from a StratoChem scientist.
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Dr. Henry Halpern and students. |
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Flows Start at Melrose Egypt Well
Edinburgh-based Melrose Resources' South Khilala-2 development in Egypt is flowing at a rate of 14 million cubic feet per day after being completed as a high angle producer, the company has announced.
The well, which has been tied back to the West Khilala field facilities, brings the total South Khilala field production rate to 25 MMcfd and total recoverable proved and probable reserves from 47 billion cubic feet to 60 Bcf.
Company chief executive David Thomas was pleased with the results, he said in an announcement to the London Stock Exchange.
"The South Khilala-2 well results are very positive, both from a reserves and deliverability perspective, and will help underpin our production forecast," he said.
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