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Oil and Gas History in Indonesia

Oil, gas history in Indonesia, one in 1871 first oil drilling business in Indonesia, conducted in Cirebon. Because the results slightly, then closed. 1883 Concession first two oil concessions handed over to the Sultan Langkat Aeilko J. Said Zijlker to lake area near the base Brandan. 1885 Production of the first three lake Said, which [...]

Saturday, February 4th, 2012

Tags: , , Gas, Oil

Topaz Resources Start Multi Well Drilling on Shallow Oil Project, Ecopetrol Initial In Meta Province

Topaz Resources Inc announced that it has commenced the first phase of its multi well drilling program on its North Texas shallow oil project, which comprises 543.69 acres with a history of proved producing oil wells, located in Wichita County. Topaz expects to drill and complete these three wells during December and January. Ecopetrol S.A [...]

Saturday, December 4th, 2010

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Oil Price Prediction 2011 in barrel after high in 2009 and 2010

Oil prices predicted $100 per barrel in 2011 by analisyst after oil prices hits two year high, raising fears of a return to $100 per barrel crude and consumer goods inflation. Then how analyst predicted oil prices in 2012? Brent crude oil, traded in London, hit $88.80 before falling back to $88, which is slightly [...]

Saturday, December 4th, 2010

Tags: , , , , , Crude Oil, Oil

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