Subscribe free to our newsletters via your




OIL AND GAS
Shell assessing gas discovery off the Gabonese coast
by Daniel J. Graeber
The Hague, Netherlands (UPI) Oct 22, 2014


disclaimer: image is for illustration purposes only

Shell announced Wednesday it made a substantial discovery of natural gas in the deep waters off the coast of the West African nation of Gabon.

The company said it ran into a 656-net foot column of natural gas in its Leapord-1 frontier exploration well off the Gabonese coast. The well was drilled in water more than a mile deep into a basin trapped beneath a deep layer of submarine salt.

"Shell and partners [at China National Offshore Oil Corp.] are planning to undertake an appraisal program to further determine the resource volumes," the company said in a statement.

Gabon's geological similarities to Brazil raised hopes for oil production among energy explorers, but so far the region has turned up mostly natural gas.

Italian energy company Eni and Australian major Woodside Petroleum are among the more active players in a re-emerging Gabonese energy sector.

Shell said it's been exploring off the Gabonese coast for more than 50 years.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
First ever oil find in Paraguay lifts President Energy shares
London (UPI) Oct 21, 2014
Shares in British company President Energy continued their rally Tuesday after announcing the first ever oil discovery in Paraguay. President Energy, trading on the London stock exchange under ticker symbol PPC, were up nearly 10 percent to $53.04, one day after share prices soared 76 percent on word it made the first oil discovery ever in Paraguay. The London-based company said ... read more


OIL AND GAS
Philippines' Aquino criticises typhoon rebuilding delays

Natural disasters killed over 22,000 in 2013: Red Cross

Rescuers airlift 154 to safety after deadly Nepal storm

Glitzy Russian TV drama brings Chernobyl to new generation

OIL AND GAS
Galileo duo handed over in excellent shape

With IRNSS-1C, India a Step Closer to Own Navigation Satellite System

ISRO to Launch India's Third Navigation Satellite on October 16

Russian Phone Operators Could Become GLONASS Shareholders

OIL AND GAS
Scientists reconstruct genome from 45,000-year-old skeleton

Ice Age people in Peru's Andes lived at extreme highs

Europeans lactose intolerant for 5,000 years after agriculture began

Identifying hidden minds in impaired consciousness

OIL AND GAS
New study, video detail chimpanzee raids in Uganda

Let There Be Light

WSU researchers see how plants optimize their repair

Crystallizing the DNA nanotechnology dream

OIL AND GAS
$100 mn Ebola pledge from Microsoft co-founder Allen

At least four months to contain Ebola: Red Cross chief

Ashoka Mukpo could be released within week

Amphibians being wiped out by emerging viruses

OIL AND GAS
Cultural Revolution evoked with China mass sentencing

UN rights chief says in talks with China on Tibet visit

China's Xi echoes Mao on the arts: state media

China crab industry feels pinch from graft crackdown

OIL AND GAS
Hijacked Singaporean ship released near Nigeria: Seoul

OIL AND GAS
APEC finance chiefs see 'downside risks' to global economy

China overseas investment almost doubles in September: govt

Son of China's former premier quits investment bank

China exports and imports surge ahead of expectations




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.