1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Drilling Production 2000 P15

  • 05/30/2000 -- Production testing begins at East Lost Hills gas project
    Operator Berkley Petroleum Corp., Calgary, has begun production tests of the East Lost Hills No. 1 well targeting deep gas in Southern California's San Joaquin basin. In early tests of a test program that will continue for several weeks, calculated gas flow rates increased to 12 MMcfd from 4 MMcfd during 'highly restricted' initial cleanup flow, says Berkley.
  • 05/25/2000 -- Price outlook remains bullish as natural gas climbs past $4
    Analysts have been anticipating premium natural gas prices this summer, but the Henry Hub June futures contract on the New York Mercantile Exchange jumped ahead of schedule by closing above $4/MMbtu Wednesday. The contract settled at $4.073 and was still trading well past $4 the following day�close to $4.10/MMbtu on Thursday morning but approaching $4.20 in the early afternoon.
  • 05/24/2000 -- Drilling/Production news briefs, May 25
    Phillips awards Jade contract; Pride deploys Pride Angola drillship to drill for Elf off Angola.
  • 05/24/2000 -- Sakhalin-I drilling set to resume
    The Russian Natural Resources Ministry has approved a request for permission to resume drilling work at the Sakhalin-I project. The Sakhalin I consortium plans to begin drilling a new appraisal well, Chaivo-6, in July, ministry officials said.
  • 05/22/2000 -- Normandy IGCC project takes step forward
    Partners in Projet IGCC Normandie�a gasification project being developed by TotalFinaElf SA, Electricit�e France, and Texaco Inc.�have selected UOP LLC, Des Plaines, Ill., to supply the acid gas removal process for the gasification plant they will build in France's Normandy region. UOP will use an innovative design approach that improves environmental performance while optimizing plant operations.
  • 05/21/2000 -- Price outlook for natural gas gets brighter
    Already-high US natural gas prices are expected to rise further as a result of tightening supplies. Two financial analysts gave their predictions for the gas market in separate reports last week. Salomon Smith Barney says it is raising its full-year 2000 price forecast for natural gas to $3.25/MMbtu from $2.78/MMbtu, and a Lehman Brothers Co. official told an Independent Petroleum Association of America meeting that tighter supplies will push US gas prices to about $3.50/Mcf this winter.
  • 05/21/2000 -- IPAA cautiously hopeful on tax legislation for US producers
    The Independent Petroleum Association of America, meeting in San Francisco late last week, was told Friday that election-year politics in the US could provide an opportunity this summer for oil tax legislation in Congress. IPAA Chairman Jerry Jordan noted that several pending bills would give US producers tax relief. 'I'm not optimistic, because everybody [in Congress] is thinking about the election. But if we don't push it now, we'll have less chance in the future,' said Jordan.
  • 05/19/2000 -- Finance/Companies news briefs, May 19
    Woodside Energy Ltd. ... Santos Offshore Pty. Ltd. ... Shell Co. of Australia ... Petrobras � Ranger Oil Ltd. � Petrobank Energy Resources Ltd. � Canadian 88 Energy Corp. � The American Energy Group Ltd. � Northern Lights Energy Ltd.
  • 05/19/2000 -- General interest news briefs, May 19
    US Department of Energy ... Enron Energy Services � Kawasaki Motors Corp. USA � R&B Falcon � Williams � Petro-Canada
  • 05/19/2000 -- US DOE helps two tribes develop oil, gas
    The US Energy Department will spend $695,000 to help the Jicarilla Apache Tribe in New Mexico and the Ute Indian Tribe in Utah develop oil and gas resources. Energy Sec. Bill Richardson said, 'Our goal is to provide tools for Native Americans to develop and manage their mineral resources by providing them access to the latest technological innovations.'
  • 05/19/2000 -- Research group sues to keep Texas from dismantling platform
    Gulf Marine Institute of Technology, a nonprofit research group, went to court Thursday to stop the Texas General Land Office (GLO) from dismantling a former oil and gas production platform complex in the Gulf of Mexico that the institute hopes to convert into the first offshore fish farm in US waters. Institute officials claim the project was approved 2 years ago by former Texas Land Commissioner Garry Mauro. But current state officials say an official agreement was never signed.
  • 05/17/2000 -- API says April gasoline production at record level
    API's April supply-demand statistics show increased US gasoline production, reduced gasoline pump prices, lower crude oil production, and reduced petroleum stock levels.
  • 05/16/2000 -- Global Marine SCORE shows improvement in rig market
    Global Marine Inc. on Monday said that its worldwide summary of current offshore rig economics (SCORE) was up 1.6% for April to 27.5% vs. the 27.1% recorded for March. The level of drilling rig activity is still down compared with years past, however. The April 2000 SCORE is down 6.3% from April 1999 and 27.8% from the same time 5 years ago. Still, the rise reflects continued improvement in all major markets, said Global Marine Chairman Bob Rose.
  • 05/16/2000 -- Market Watch, May 16
    Oil futures prices continued to climb, with NYMEX crude again nearing $30/bbl as OPEC officials indicate no plans to increase production above current 'satisfactory' levels. OPEC members gave a cold shoulder to US officials pushing for the organization to again increase production.
  • 05/16/2000 -- Japan seeks increased Iran crude supplies
    Japan and the US could be headed for a showdown over Japan�s plan to improve economic ties with Iran. Japan's Ministry of International Trade and Industry is expecting to shortly open talks with Iran to procure more stable crude oil supplies. A ministry official told OGJ the specific agenda has yet to be decided, but the focus of the talks would be on crude supplies and other energy-related topics.
  • 05/15/2000 -- Drilling/Production news briefs, May 15
    Soekor E&P � Energy Africa � Pluspetrol Peru Corp. � Occidental Peruana Inc.
  • 05/15/2000 -- Finance/Companies news briefs, May 15
    Syncrude Canada Ltd. ... New York Mercantile Exchange
  • 05/12/2000 -- Baker Hughes: US rig count essentially flat
    US drilling activity remained relatively flat, with 830 rotary rigs working during the week ended May 12, down 3 from the previous week but up strongly from 507 during the same period a year ago, Baker Hughes Inc. officials reported Friday. Meanwhile, drilling activity in Canada continued to improve, following the seasonal slowdown from the spring thaw.
  • 05/12/2000 -- Finance/Companies news briefs�May 12
    Gaz de France � Precision Drilling Corp. � Plains Energy Services Ltd. � Rio Alto Exploration Ltd. � Renata Resources Inc. � Petrobank Energy and Resources Ltd. � Ranger Oil Ltd. � Gulf Canada Resources Inc. � Petrovera Resources � PanCanadian Petroleum Ltd. � Australian Gas Light Co. � Australian Pipeline Trust � Dongguan Gas Corp. � Foshan Gas Corp. � and more
  • 05/11/2000 -- IMPORT DEPENDENCY AND ENERGY POLICY
    Sen. Frank Murkowski (R-Alas.) wants to do several right things for the energy business. But the reason on which he bases his initiative will eventually hurt the business.
Related Articles

Clinton’s energy goals point toward economic hazard

07/31/2015

If Hillary Clinton becomes president of the United States and implements the energy policy she’s now describing, she won’t win a second term.

Kuwait lets contracts for grassroots refinery

07/31/2015 Kuwait National Petroleum Co. (KNPC) has let a series of contracts to groups of oil and gas service providers to build the planned 615,000-b/d Al-Z...

BHI: Overall US rig count drops slightly, but oil rigs continue rise

07/31/2015 A week after jumping by its highest margin since April 2014, the overall US drilling rig count lost 2 units during the week ended July 31 to settle...

Nelson vows to block Murkowski’s stand-alone crude oil bill

07/31/2015 The US Senate Energy and Natural Resources Committee approved Chair Lisa Murkowski’s (R-Alas.) bill to end the ban on exporting US-produced oil. Bu...

Athabasca’s Hangingstone SAGD project starts oil production

07/31/2015 Athabasca Oil Corp. said the Hangingstone 1 steam-assisted gravity drainage (SAGD) oil sands project in Alberta started oil production in July with...

Industry 2Q earnings, jobs dissolve amid continued oil-price slump

07/31/2015 A difficult year thus far for the integrated, multinational oil and gas firms caused by low oil prices has been somewhat eased by improved producti...

OGUK survey shows ‘slight improvement’ in outlook in second quarter

07/31/2015

The UK oil and gas industry remains fragile, but the outlook has improved in the second quarter, according to Oil & Gas UK.

Phillips, ETP, Sunoco JV to build, operate Bayou Bridge oil pipeline

07/31/2015 Phillips 66, Houston; Energy Transfer Partners LP (ETP), Dallas; and Sunoco Logistics Partners LP, Philadelphia, have formed a joint venture to con...

Junex spuds fifth well on Quebec’s Galt prospect

07/31/2015

Junex Inc. has spudded the Galt No. 5 as a follow up to its Galt No. 4 that came in at more than 300 bo/d in January.

White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
[an error occurred while processing this directive]
Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected