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Drilling & production

 

Elgin gas leak identified

Total claims to have identified the source of the Elgin gas leak, however there is still no timetable for plugging the leak.

 
 

Exoma to explore potential 31 trillion ft CBM resource

Exoma Energy Ltd, an Australian oil and gas exploration company, has announced plans for an extensive drilling exploration campaign in 2012 that will target, among others, coalbed methane (CBM).

 
 

Wildhorse Energy completes PFS of Mecsek Hills Project

Wildhorse Energy Limited, an AIM and ASX listed company focused on developing underground coal gasification (UCG) and uranium projects in Central and Eastern Europe (CEE), has announced the completion of its Preliminary Feasibility Study and an updated JORC Inferred coal resource of 383 million t at the Company’s Mecsek Hills UCG Project in southern Hungary.

 
 
 
 

Peabody CEO: Global Coal Supercycle Alive and Well

The chairman and CEO of Peabody Energy, Gregory H. Boyce, announced on Monday that the global supercycle for coal was ‘alive and well’ with strong market trends related to rising electricity generation and steel demand in China and India, along with constrained global coal supplies.

 
 

Barryroe successes continue

Irish company Providence Resources has announced that daily oil flow rates from the Barryroe well have significantly exceeded targets.