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

Drilling Production 2000 P16

  • 05/11/2000 -- Canadian gas drilling rebounds but production lags
    Canada's drilling activity for natural gas is enjoying record levels, but that hasn't translated into production growth in the western provinces. A concentration on shallow gas and fields that deplete quickly has led to flat production. Over the next year, increasing demand may boost gas prices.
  • 05/08/2000 -- North American weekly rig count rises
    North American drilling activity registered a healthy increase for the week ended May 5, with 833 rotary rigs working in the US and another 170 in Canada. For the month of April, the worldwide average rig count was 1,553, down 220 or 12% from March but up 397 or 34% from last year, Baker Hughes officials reported Friday.
  • 05/04/2000 -- Careful planning of deepwater drilling cuts costs
    Spending more time planning before drilling and using fixed platforms as hub facilities for satellite subsea wells help slash costs for deepwater operators in the Gulf of Mexico, according to new studies by the Ziff Energy Group.
  • 05/04/2000 -- TransCanada agrees to sell OCENSA pipeline stake
    TransCanada PipeLines Ltd., Calgary, said Thursday it would sell its 17.5% interest in Colombia's Oleoducto Central SA (OCENSA) and its 50% interest in CIT Colombiana SA (CITCOL) for $117 million (US) to Calgary-based Enbridge Inc., an energy transportation, distribution, and service provider. Proceeds realized from the sale will help TransCanada strengthen its financial position by focusing on reducing debt and overhead costs, said Doug Baldwin, TransCanada's president and CEO.
  • 05/04/2000 -- TransCanada sells OCENSA pipeline stake to Enbridge
    TransCanada PipeLines Ltd., Calgary, said Thursday it would sell its 17.5% interest in Colombia's Oleoducto Central SA (OCENSA) and its 50% interest in CIT Colombiana SA (CITCOL) for $117 million (US) to Calgary-based Enbridge Inc., an energy transportation, distribution, and service provider. Proceeds realized from the sale will help TransCanada strengthen its financial position by focusing on reducing debt and overhead costs, said Doug Baldwin, TransCanada's president and CEO.
  • 05/03/2000 -- US oil and gas profits rebound in 1999; spending falls
    Rising crude oil and natural gas prices, combined with lower operating costs, gave the largest US oil and gas companies a five-fold increase in net profits in 1999 vs. 1998, according to a new report released by petroleum research company John S. Herold Inc.
  • 05/03/2000 -- Phillips, BP Amoco announce North Slope discovery
    Just 2 weeks after it took over ARCO's Alaska assets, Phillips Petroleum Co. and partner BP Exploration (Alaska) Inc. have revealed that the Meltwater oil discovery on Alaska's North Slope appears to be major.
  • 04/30/2000 -- Alberta sour gas plants may get government help
    Alberta�s energy minister says the province may pick up part of the estimated $227 million (Can.) cost of upgrading older sour natural gas plants to meet more stringent emission standards.
  • 04/30/2000 -- Cal Dive takes stake in deepwater prospect
    Another oil field service firm has joined the list of those taking a direct interest in oil and gas projects.
  • 04/30/2000 -- Rowan to inaugurate new jack up class
    Houston-based Rowan Cos. Inc. said it will design and construct a $190 million jack up, to be known as Gorilla VIII. Based on the Super Gorilla class of rigs, this class will be known as Super Gorilla XL.
  • 04/30/2000 -- Changes in store for France's oil industry
    Despite a record year-to-year drop in profits in 1999, from 6.1 billion francs to 0.8 billion, France's oil industry maintained its investments, which, at 5.1 billion francs, were comparable to the 1998 level. Soaring crude prices compounded by the dollar appreciation led to high energy costs in refineries and to squeezed margins, while the scheduled shutdown for maintenance of eight of France's refineries did not improve matters, as volumes processed fell 9.2% to 83.4 million tonnes despite
  • 04/30/2000 -- IPAA finds slow response to higher prices
    WASHINGTON, DC�The Independent Petroleum Association of America predicts US petroleum consumption (including NGL) will average 7.83 million b/d in 2001, up 0.7% from 2000. Imports of crude and products will average 11.30 million b/d, up 1.8%. Crude imports alone will climb 0.9% to 9.24 million b/d.
  • 04/29/2000 -- DLJ: Oilfield service firms' stock values up; earnings remain low
    Oilfield service company stocks outperformed the market during the first quarter, but earnings were relatively dull by comparison, say analysts at Donaldson, Lufkin and Jenrette.
  • 04/29/2000 -- Cook field produces first oil
    Enterprise Oil PLC has announced first oil from Cook field in the UK North Sea; the field is producing at 10,000 b/d.
  • 04/29/2000 -- TotalFinaElf - Agip JV lets Doroud subcontract
    France's TotalFinaElf SA and Italy's Agip SPA let a $10 million subcontract related to the $1 billion redevelopment of Doroud oil field off Iran.
  • 04/29/2000 -- BG awards Blake field pipeline contract
    BG International Ltd. has awarded a �250,000 contract to UK firm Andrew Palmer & Associates for design of the pipelines and associated structures for its Blake field development in the UK North Sea.
  • 04/29/2000 -- API sues MMS on royalty rule
    The American Petroleum Institute will determine this month whether to ask a federal court to block a controversial US Minerals Management Service oil royalty valuation rule from taking effect June 1.
  • 04/20/2000 -- Could oil prices reach $50/bbl? Or does OPEC still have the situation well in hand?
    Could oil prices reach $50/bbl? Or does OPEC still have the situation well in hand?
  • 04/07/2000 -- Natural gas prices likely to remain robust well into 2001
    Deliverability problems ensure natural gas prices will remain robust well into 2001.
  • 03/31/2000 -- Laggard loans
    A year ago, as small US oil producers were suffering from rock-bottom oil prices, Sen. Pete Domenici (R-NM) had an idea.

Related Articles

Boehner urged to bring BLM drilling permit processing bill to floor

11/26/2014 Six oil and gas association presidents and officials from two major national business groups urged US House Speaker John A. Boehner to consider a S...

BHI: Shortened week sees 12-unit loss in US rig count

11/26/2014 The US drilling rig count fell 12 units to 1,917 rigs working as the country headed into the Thanksgiving holiday during the abbreviated week ended...

Woodside enters license offshore Morocco

11/26/2014 Woodside Petroleum Ltd. has secured another area offshore Morocco by taking up a reconnaissance license with the country’s national oil company ove...

EPA proposes tighter ground-level ozone pollution controls

11/26/2014 The US Environmental Protection Agency proposed reducing ground-level emissions limits to 65-70 ppb from their current level of 75 ppb. It also wil...

Karoon scores with Kangaroo-2

11/26/2014 Karoon Gas Australia Ltd., Melbourne, has found multiple oil-bearing reservoirs in its Kangaroo-2 appraisal well in the Santos basin offshore Brazil.

Gazprom, PetroVietnam sign agreement for two fields in Russia

11/26/2014

OAO Gazprom and PetroVietnam on Nov. 25 signed a framework agreement for the joint development of two fields in Russia.

 

OPEC was destined not to cut output in Vienna meeting

11/26/2014 The Organization of Petroleum Exporting Countries was destined not to cut production to defend the price of crude at its ministerial meeting Nov. 2...

EIA: US gasoline prices lowest in years heading into Thanksgiving holiday

11/26/2014 As of Nov. 24, the average retail regular-grade gasoline price in the US is $2.82/gal, 47¢ lower than a year ago, and the lowest price heading into...

MARKET WATCH: Crude oil prices volatile before OPEC meeting

11/26/2014 Crude oil prices fell more than $1/bbl on the New York and London markets Nov. 25 while traders waited to see if the Organization of Petroleum Expo...

White Papers

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Increase Equipment Uptime Through Robust Enterprise Asset Management

Whether you operate in the Upstream Drilling and Exploration sector, the Midstream distribution sector...
Sponsored by

Continuous Improvement for Maintenance with Robust Reporting and Analytics

You should have real-time, anywhere access to more relevant and comprehensive data to help manage and ...
Sponsored by

Enterprise Asset Management Solution for Movable Assets in the Oil & Gas Industry

Drilling and exploration companies face several challenges in effectively managing assets both offshor...
Sponsored by

Supporting HSE Needs for Oil & Gas Through Effective Asset Management Practices

The Oil & Gas industry is constantly being challenged to find, extract and deliver cheaper an...
Sponsored by

Sesam for subsea design analysis

With the exponential growth in the subsea sector, a new set of challenges now face the industry. Mostl...
Sponsored by

Is the gas delivery system you’re looking at able to meet your power generation needs: a hydraulic engineer’s perspective

The hydraulic characteristics, and system response to demands and supplies, of natural gas pipelines a...
Sponsored by
[an error occurred while processing this directive]

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