 |
Louisiana Light • 4 days | 87.12 | +0.63 | +0.73% | ||
|
Bonny Light • 3 days | 90.15 | +1.75 | +1.98% | ||
|
Opec Basket • 4 days | 88.39 | -0.06 | -0.07% | ||
|
Mars US • 178 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 19 mins | 2.775 | +0.011 | +0.39% |
|
Bonny Light • 3 days | 90.15 | +1.75 | +1.98% | ||
|
Girassol • 3 days | 90.85 | +1.82 | +2.04% | ||
|
Opec Basket • 4 days | 88.39 | -0.06 | -0.07% |
|
Peace Sour • 6 hours | 77.05 | +0.28 | +0.36% | ||
|
Light Sour Blend • 6 hours | 80.10 | +0.28 | +0.35% | ||
|
Syncrude Sweet Premium • 6 hours | 87.05 | +0.28 | +0.32% | ||
|
Central Alberta • 6 hours | 77.45 | +0.28 | +0.36% |
|
Eagle Ford • 4 days | 80.05 | +0.76 | +0.96% | ||
|
Oklahoma Sweet • 4 days | 80.00 | +0.75 | +0.95% | ||
|
Kansas Common • 4 days | 73.75 | +0.75 | +1.03% | ||
|
Buena Vista • 5 days | 87.23 | -0.55 | -0.63% |
Petronas Halts all Imports of Iranian Crude in South Africa
Engen, a South African based unit of Petronas, has announced that it has halted all crude imports from Iran, which used to account for 80 percent of
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Acquisition of Maari 3D Seismic Survey Commences
Cue energy has just released good news regarding permits for projects in New Zealand
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Environmental Approval Extended for Tassie Shoal LNG Project
MEO Australia Ltd has just received environmental approval for its Tassie Shoal LNG project.
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Cue Releases Drilling Update on its Naga Utara-1 Well
Naga Utara-1 Well, Mahakam Hilir PSC, Indonesia
Cue Energy Resources Ltd (ASX: CUE; NZX: CUE) is pleased to provide the following update on the drilling status of Naga Utara-1. The well is located within the Mahakam Hilir PSC in the onshore Kutei Basin, Indonesia. The well operator is SPC Mahakam Hilir PTE Ltd (SPC).
As of the 9th March 2012 the sidetrack has been drilled in a 6 inch hole to 5066 feet measured depth (MD).
The high pressure gas zone seen in the original hole was again encountered from 4825 feet MD to 4880 feet MD. An additional gas bearing sandstone was encountered between 4975 feet MD to 5040 feet MD.
Due to high pressure gas influx from the lower sandstone interval and the rig equipment pressure rating now being close to the formation pressure encountered, the operator has decided to call total depth of the well (TD). The interval will be evaluated with wire-line logs.
The forward plan is to design an appraisal well to be drilled with appropriate high-pressure rig equipment.
The participants and their respective interests in the PSC are:
SPC Mahakam Hilir Pte Ltd (Operator) 60%
Cue Mahakam Hilir Pty Ltd 40%
Cue will continue to release reports
The full release can be found in the above pdf.
Oilprice.com Editors
