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PPL338 Joint Venture
#20

'Palm' pid='22498' datel Wrote:

'petrengr1' pid='22493' datel Wrote:Yes and No. Here is an excerpt from the Oil and Gas Act: "the grant of a petroleum retention licence in respect of such of the blocks as the licensee satisfies the Minister contain a gas field or a part of a gas field or, for the better administration of petroleum activities, should be included in a petroleum retention licence." For example PRL 15 contains 34 blocks, all of them do not contain gas.

For clarification I believe the 34 blocks are what make up PPL 237.  Per IOC's website they state:

"Petroleum Prospecting License 237

We have a 100% working interest in PPL 237, subject to potential participation and elections made by holders of indirect participation interests and the State. The license consists of 34 graticular blocks PPL 237 PPL 238 PPL 15 covering an area of 3,238 square kilometers or 715,648 acres. On November 30, 2010, a total of four graticular blocks were excised from PPL 237 and incorporated into PRL 15.

They then state how many blocks are in the other license areas:

"Petroleum Prospecting License 236

We have a 100% working interest in PPL 236, subject to potential participation and elections made by holders of indirect participation interests and the State. The license consists of 53 graticular blocks covering an area of 4,502 square kilometres or 1,112,464 acres

Petroleum Prospecting License 238

We have a 100% working interest in PPL 238, subject to potential participation and elections made by holders of indirect participation interests and the State. The license consists of 94 graticular blocks covering an area of 7,922 square kilometers or 1,978,565 acres. On November 30, 2010, a total of five graticular blocks, including the blocks in which the Elk-1 and Elk-4A gas /condensate discovery wells were drilled, were excised from PPL 238 and incorporated into PRL 15."

I would guess the DPE tries to stick with a "location" being what makes up a PRL, but there seems to also be allowance for some variation.  Not 100% on this however.

Yes, it should be 9 blocks in PRL 15. I changed my previous post.

PRL's can be revised if it can be proven that the field has expanded outside the originally approved PRL.

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Messages In This Thread
PPL338 Joint Venture - by tarulestheday - 05-15-2013, 04:28 AM
RE: PPL338 Joint Venture - by TxPm - 05-15-2013, 04:51 AM
RE: PPL338 Joint Venture - by Movieguy - 05-15-2013, 05:12 AM
RE: PPL338 Joint Venture - by davidhmtk - 05-15-2013, 04:56 AM
RE: PPL338 Joint Venture - by sageo - 05-15-2013, 05:20 AM
RE: PPL338 Joint Venture - by TxPm - 05-15-2013, 05:17 AM
RE: PPL338 Joint Venture - by Movieguy - 05-15-2013, 05:21 AM
RE: PPL338 Joint Venture - by TxPm - 05-15-2013, 05:26 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-15-2013, 05:29 AM
RE: PPL338 Joint Venture - by Palm - 05-15-2013, 07:17 AM
RE: PPL338 Joint Venture - by Spartina - 05-15-2013, 06:48 AM
RE: PPL338 Joint Venture - by Getitrt2 - 05-16-2013, 01:31 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 02:08 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 02:16 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 02:35 AM
RE: PPL338 Joint Venture - by Getitrt2 - 05-16-2013, 02:23 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 02:35 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 02:44 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 02:50 AM
RE: PPL338 Joint Venture - by sageo - 05-16-2013, 02:38 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 04:14 AM
RE: PPL338 Joint Venture - by sageo - 05-16-2013, 08:27 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 02:55 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 04:04 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 04:39 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 05:37 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 05:55 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 07:00 AM
RE: PPL338 Joint Venture - by petrengr1 - 05-16-2013, 12:50 PM
RE: PPL338 Joint Venture - by Getitrt2 - 05-16-2013, 09:23 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 09:47 AM
RE: PPL338 Joint Venture - by Palm - 05-16-2013, 01:22 PM
RE: PPL338 Joint Venture - by sageo - 05-16-2013, 11:41 PM
RE: PPL338 Joint Venture - by petrengr1 - 05-17-2013, 12:11 AM
RE: PPL338 Joint Venture - by sageo - 05-17-2013, 02:10 AM

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