In addition, ConocoPhillips says it will execute its development drilling
programs across the Alpine and Kuparuk fields and continue to progress construction of a new rotary rig and new coiled tubing rig to optimize its long-term inventory of development drilling
The company is projecting to utilize the proceeds from the advance to fund development drilling
at its West Copperline, Gramma Ridge, Forehand Ranch, Marathon Road and Jazzmaster properties.
com/research/tv2pfl/world_development) has announced the addition of the "World Development Drilling
& Production Market Forecast 2004-2020" report to their offering.
Perth, Australia, Feb 17, 2011 - (ABN Newswire) - Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) ("Coalspur" or "Company") is pleased to announce that the second phase of development drilling
at the Company's flagship project, the Vista Coal Project ("Vista") has now commenced.
75% for development activities, including 50% for low-risk development drilling
in onshore North American core areas and 25% to develop the South Coast Gas (South Africa) and Oooguruk (Alaska) projects
Total Congo plans to use SKD Berani for its workover and development drilling
campaign offshore Republic of Congo.
The company will apply $10 million of the increase to additional development drilling
, with the remainder allocated to recompletions and other production activity.
As a result of a reduction in development drilling
planned for 2007, as more fully discussed below; a lower than anticipated beginning level of production in the Gurnee Field, together with the previously reported potential loss of gas sales volumes associated with its White Oak Creek overriding royalty, the Company currently estimates that its rate of growth in sales volumes of coalbed methane gas in 2007 will be between 14% and 18%.
Prior to beginning the development drilling
in the Genuine Risk field, the company installed a refurbished 4 pile, 12 slot drilling and production platform on Ship Shoal 331.
The company expects to recover its investment in each prospect and retain a promoted interest in exploratory wells with the option to participate in development drilling
At that, this August development drilling
made up 9,773 m and exploration drilling 302 m and wildcat drilling 170 m.
Parker will be mobilizing a deep- capacity rig for the difficult development drilling