KrisEnergy begins G10/48 Thai drilling campaign

Petrovietnam Drilling & Well Service Corp.’s PV Drilling I jack up rig spudded the East Mayura-1 exploration well on Oct. 20 in the KrisEnergy Ltd.-operated G10/48 contract area in the Gulf of Thailand. Source: News


BHP Billiton reports LeClerc find details off Trinidad and Tobago

BHP Billiton Ltd.’s LeClerc discovery, drilled in the deep water offshore Trinidad and Tobago, has found 4-5 tcf of natural gas, according to the Caribbean twin-island nation’s Minister of Energy and Energy Industries Franklyn Khan. Source: News


Po Valley to revive historic Eni gas field

Po Valley Energy Ltd., Perth, is planning to revive Eni SPA’s former Selva gas field in northern Italy with the drilling of the Podere Maiar-1 well within the Podere Gallina permit near Bologna in mid-November. Source: News


MARKET WATCH: NYMEX oil prices shift as US inventory data is released

Crude oil prices gained in New York and London on Oct. 24 on optimism that measures will continue to be taken by major producers to balance world markets. However, prices eased on Oct. 25 as traders awaited US inventory data. Source: News