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Studied: Power Engineering, Exploration Technology, Worked Upstream, Midstream, Downstream in Oil and Gas, Pipelines, Drilling, Refineries. I'm Interested in very big picture, game changers that come from sizeable economic deposits of Oil, Gas, Gold, Silver, Uranium, Specialty Metals used in... More
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Tullii.com
My blog:
UNDER CONSTRUCTION TIL 2015
My book:
CrOblet Creating real opportunity by leveraging energy technology
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  • South America Oil And Gas Projects Snapshot

    Quick comment for getting more value out of this instablog post.

    This is a partial list of North American listed companies operating in Latin America (South America).

    A snapshot of each company is highlighted by country/region and quick description of their main business activity is listed below each banner(which links to their website).

    To go in depth you can also click on each company logo to link to a dated investor presentation offered by each particular company.

    (You may have to search for newer presentations as they change quarter to quarter and we don't always update the links)

    Always read disclaimers for each company as information can change from project to project.

    If you have additional suggestions usa or other listed companies, in these regions email us website addresses, and listing symbols.

    Enlarge 'The Graphic' to read more about reserves in each region.

    Pacific Rubiales Energy Corp is engaged in the exploration, development and production of certain oil and natural gas interests, primarily located in the Republic of Colombia.

    Since Colombia has numerous energy projects we have given it a dedicated page, click link below to read about Colombia.

    Niko Resources Ltd is engaged in the exploration, development and production of natural gas and oil in India, Bangladesh, Indonesia, the Kurdistan region of Iraq, Trinidad, Pakistan and Madagascar.

    Parex Resources, Inc. is engaged in exploration, development, production and marketing of oil and natural gas in South America. It is engaged in the Llanos Basin and Middle Magdalena Basin of Colombia.

    Touchstone Exploration Inc is engaged in the exploration and development of its oil and gas properties located in Trinidad.

    Alvopetro Energy Ltd is an oil and gas exploration and production company. It is engaged in the exploration, acquisition, development and production of hydrocarbons in the Reconcavo, Tucano, Camamu-Almada and Sergipe-Alagoas basins in onshore Brazil.

    Avanti Energy Inc is engaged in acquiring, exploring and evaluating mineral resource properties. The Company operates in USA, Mexico and Italy.

    Brownstone Energy, Inc. is a diversified oil & gas company. It holds interest in oil and gas exploration projects, which include offshore Israel and in the Llanos Basin, Colombia, as well as other oil and gas interests around the world. Brazil's national petroleum agency awarded Brownstone two onshore land blocks in Round 8 of the Brazilian Land Auctions in the Tucano Basin area of Central Eastern Brazil. BrazAlta and W.Washington were also awarded three blocks during the same auction. All three companies have entered into an agreement to co-operate on the ownership and development of the combined five blocks. Brownstone has a 25% participating interest in the project, subject to resolution of litigation related to the bid process held by the ANP in Brazil.

    Canacol Energy Ltd is engaged in petroleum and natural gas exploration and development activities in Colombia, Ecuador, Brazil, Guyana and Peru.

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    Gran Tierra Energy, Inc., together with its subsidiaries is an international energy company engaged in oil and gas acquisition, exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina, Peru and Brazil.

    Petro Vista Energy Corp is in the business of exploration, development and exploitation of oil and natural gas properties in Brazil.

    The Company has earned the rights to a 37.5% working interest (27.32% net revenue interest) in the producing Tartaruga block in the Sergipe Alagoas Basin subject to receiving all necessary regulatory and partner approvals including the approval of the ANP to the assignment to the Company of a working interest. This block is located on Brazil's east coast situated adjacent to the large Miranga Oil Field (Petrobras) having over 814 MMBOE in place and the Carmopolis Oil Field with over 528 MMBOE.

    (no presentation at this time)

    Ivanhoe Energy, Inc., is an international heavy oil development and production company. It is focused on pursuing long term growth in its reserve base and production using advanced technologies, including its HTL Technology.

    Canacol Energy Ltd is engaged in petroleum and natural gas exploration and development activities in Colombia, Ecuador, Brazil, Guyana and Peru.

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    Americas Petrogas Inc is in the business of exploration, development and production of oil and gas properties in Argentina and exploration of near-surface potash, phosphates and other minerals and potential development of a fertilizer project in Peru.

    ArPetrol Ltd is engaged in oil and gas exploration, development and production from concessions in Argentina.

    www.arpetrol.com/pcs.html

    Azabache Energy, Inc. is an oil and gas exploration company. The Company acquires, develops, and produces crude oil and natural gas in Argentina.

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    Crown Point Energy Inc is engaged in the exploration for, and development and production of petroleum and natural gas in Argentina. The Company is focusing on two geographic areas: Tierra del Fuego and northern Neuquén Basin.

    Gran Tierra Energy, Inc., together with its subsidiaries is an international energy company engaged in oil and gas acquisition, exploration, development and production. The Company owns oil and gas properties in Colombia, Argentina, Peru and Brazil.

    Madalena is an independent, Canadian-based, domestic and international upstream oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas.

    Internationally, Madalena holds three large blocks within the prolific Neuquén basin in Argentina and is focused on the delineation of its large petroleum in-place shale and unconventional resources in the Vaca Muerta and Lower Agrio shales, in addition to tight sand plays in the Mulichinco and Quintuco.

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    CGX Energy Inc main business activity is petroleum and natural gas exploration in offshore Guyana, South America.

    Pacific Rubiales Energy Corp is engaged in the exploration, development and production of certain oil and natural gas interests, primarily located in the Republic of Colombia.

    Petrodorado Energy Ltd is an oil and natural gas exploration company. The Company is engaged in the exploration and development activities in Columbia and the United States

    Sep 16 8:10 PM | Link | Comment!
  • Is It Time To Switch Our Energy

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    In the film below, the question is raised, is it time to switch?

    The Future of Energy with Scott Tinker

    Perhaps, but its going to be a transition and its going take decades

    not years for practical reasons presented in the film below.

    Its a big debate, and its global. StudentEnergy.Org is one group

    aiming to take this debate on squarely and head on.

    In fact these student events are global and the next international

    summit is in 2015 . The worlds brightest folks are engaged in the

    direction of the next few decades and we are in good hands if they

    use practical wisdom, new technology and garner industry support.

    Future of Energy OXFORD

    (click to enlarge)

    Why is Energy important?

    Why does energy capacity matter?

    Why we even use Oil in the first place

    Why are big companies taking such big risks to find oil in places that have geopolitical risk, geological risk and economic risk?

    Oil from sand is addressing the question of Scale...

    (click image to watch video)

    OILSANDS piped to refineries offer scale and dividends.

    Here are a list of Oilsands Producers. Don't like oil? Then consider why we are unable to switch immediately to clean tech.

    What is Clean Tech and why should we consider it?

    What are the Enviromental Impacts of Energy?

    What are the hindrances to scale Wind or Solar or Hydro ?

    What are our Energy Options?

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    Pad drilling is improving drilling efficiency. This is needed for saving land impact and driving energy costs down.

    Large Gas Reservoirs are using Horizontal completions and new fracturing technology for efficiency.

    Its even called a revolution. Its a topic worth reading here

    Learn about the business case for Natural Gas here and the future engines are here and what china wants these engines for .

    How Physics Holds Us Back

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    URANIUM & THORIUM are future energy sources for Nuclear

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    Then there is the issue of transportation.

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    Enviro (click to enlarge)

    Solar Energy Farms (click to enlarge)

    IVANPAH THE FACTS (VIDEO)

    To be continued: Under Construction

    If you know of any companies in the above categories worth mentioning leave their name/website in the comment section.

    Tags: RDS.A, XOM, WNEA, HTM, BIOF, energy
    Sep 16 7:17 PM | Link | Comment!
  • Molisht-1 Nears TD

    As Molisht-1 nears total depth, excitement grows for investors who have anticipated the coming weeks as this well nears completion and testing. You can click below to read previous posts on this play.

    By year end, the M1 well test results should be released. Right now investors are anticipating an updated on the drilling of M1 and how close it is to Total Depth.

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    For now we focus on just Blocks 2-3 in Albania.

    A little Backstory:

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    Josef Schachter announces PMI as a pick as they spud the M1 well.

    Knowing that until M1 is drilled, the reservoir is still a prospect.

    This is a rough timeline of where we are at, and its been an entire year of drilling.

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    Shell covers first $50MM at M1 then PMI cover its 25% of costs after the first $50MM. Its expected to cost upto $70MM

    (The additional 25% cost shell $22MM up front)

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    DMW was previously called 'Manas' and PMI bought into the play in 2010 they named the company Petromanas. Back in 2007, Manas hired a consultant to evaluate the blocks 2-3, at that time they put a 36% chance of success on exploration wells in these blocks. (click to enlarge)

    However, using western technologies, PetroManas struck oil on S2 but not without several costly sidetracks and learning incidents. They acheived success to a degree on S2 and haven't repeated errors on M1 thus far.

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    (Click to watch PetroManas video on why they target carbonates)

    Link to "The most anticipated well of 2014"

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    Second BNN interview June 2014 click image to watch video

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    So with M1, we identify the potential of 18km in length upto A-A (position 2 above) Then Shpirag 2 will further define the sub-thrust play in 2015. Down the road in position 4 there is also potential that an additional 17Km of structure is possible and that isn`t even being talked about at the moment. You get goosebumps even thinking about it.

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    If you look at the chart of Bankers Petroleum you will see it did quite well in its heavy oil play in Albania. The patos marinza is where bankers is drilling, here is a history of that oilfield.

    But the Heavy Oil which Bankers is targeting is not what Petromanas is after. PMI is after light oil, which trades at a premium and is desired by refineries worldwide. Finding a monster sized deposit in the region of europe that Albania is situated presents a huge opportunity for all its neighbors in europe.

    I get a number of emails asking how we can know there are millions or billions of barrels beforehand. I`m not qualified as a reservoir expert by any stretch, but for the layperson its important to have an idea how this reservoir modelling works. I`ll offer what i can.

    Essentially, Data is gathered before, during and after the drilling of a well. Real data from the wellbore can be mixed with synthetic seismic data to create an approximation or model. An idea of how that would possibly work is offered below.

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    Without getting into the science of it. Real well data and synthetic data can be used to create a picture of what might lie below. A best guess using advanced computers can create a scenario for discussion.

    This image is not from Albania, and has zero to do with PMI so don`t construe anything other than it is possible to create models with the best available data and produce Original Oil in Place numbers that can be an approximation of what lies below ground.

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    Assuming that you can tie together the REAL data with SYNTHETIC data and get some concept of what is going on in the reservoir, you might paint a picture that indicates how much potential the oil reservoir holds. This is the essence of exploration - answering unanswered questions, moving towards a clearer picture.

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    If the data suggests ideal numbers, the project scale may get increased and more wells drilled, more data collected and better results are possible once you answer questions with the drill bit.

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    A simple objective is to use all this modelling to decide how to proceed in the Field, where the rubber meets the road and success or failure is the outcome of a whole pile of research, engineering and application of exploration technology.

    Stay tuned...

    Petromanas also has acreage in France and Australia and it won't hurt them that Apache just announced a large discovery in the Canning basin.

    (click to enlarge)

    It is also noteable that RDS.A mentioned Albania in their address to Shareholders as being "important wells" to Shell in Q4 2014.

    Disclosure: The author is long RDS.A.

    Aug 14 4:50 PM | Link | 6 Comments
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