http://www.gasandoil.com/goc/news/welcome.html
which has an archive of all of the discovery announcements as they come out through various news sources.
Here is a summary of the 2004 announcements to-date:
In September, there was an announcement from Pemex about a 54 gb oilfield in the Gulf that they might or might not be able to get access to because the water is deep. This might have been more related to the US election and the oil markets than reality, but it is included below.
The other highlights were a 3 gb field discovered in China, and a 1 gb field discovered in Greece.
If you exclude the Pemex announcement, the remaining total is about 7.4 gb discovered this year. This compares to 9.5 gb discovered last year, according to
http://www2.ccnmatthews.com/scripts/ccn ... 8083n.html
There is plenty of sneakiness in this reporting. Some will report the output of the test well, without comment on the size of the field. Some will report the field size, but not on how easy it is to pump up. Some will talk about how many feet of oil formation they drilled through. All of this gives plenty of wiggle room when these are scrutinized by the investment community.
Also people are spending anywhere from $31 to $61 million for a well that will spew forth on average 4100 bod. This can be extrapolated out to compute the investment needed to get up to 120 gb/y per the IEA forecast.
- Code: Select all
test well Field Size
Date Co Location BPD Net MM BBl
November-03 Permiana Thailand - 424
November-03 Talisman Vietnam 7300
June-03 Agape Tunisia 2460
December-03 Woodshed Mauritania - 200
June-04 Murphy Malaysia - 700
July-04 Cairn India 3800
July-04 Trans globe Yemen 1140
July-04 Paladin Tunisia 3600
July-04 Vietsov Vietnam 1100
July-04 Orient Pakistan 350
July-04 CNOOC China 1400
July-04 Exxon Mobil Caspian 4100
July-04 Sinopec China - 3,665
July-04 First Calgary Algeria 6376
July-04 Burneftegaz Turkmenistan 876
August-04 CNOOC China 700
July-04 Chaco Bolivia - 5
August-04 Cairn India - 300
August-04 Dana Indonesia 4400
August-04 GSPC Amenhabad 1000 5
August-04 Billip Australia - 100
August-04 Petrobras Argentina - 30
August-04 Shell Siberia - 592
August-04 Gudjarot India - 45
August-04 Egpc Egypt 23000 46
August-04 Ecopetrol Colombia - 14.9
August-04 CNOOC China 3000
August-04 Petrobras Brazil - 76
September-04 Pan ocean Gabon -
September-04 Ogdcl India 2000
September-04 Trans globe Yemen 2240
September-04 Regal Greece - 1,000
October-04 Petrobras Brazil - 4.6
October-04 Woodside Mauritania - 120
October-04 Petrobras Argentina - 0.3
October-04 Sasol Gabon 6600
October-04 Elvari Sakhalin -
September-04 Dno Nabraja 2700
September-04 Petrobras Brazil - 76
September-04 Gail India - 50
September-04 CNOOC China 3000
September-04 Pemex Mexico - 54,000
September-04 Lapidot Israel - 0.75
test well result total 81142 bod
30 mbpy
field discoveries 61,455 mmbbl
net of GOM discovery 7454.59 mmbbl