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Drilling Production 2000 P6

  • 10/12/2000 -- HENRY HYDE WRONG AGAIN ON ENERGY PRICES
    Somebody needs to explain markets to Henry Hyde.
  • 10/11/2000 -- Husky awards White Rose engineering contract
    Husky Energy Inc. subsidiary Husky Oil Operations Ltd. and Petro-Canada have awarded Maersk/Seabase the front-end engineering design contract for the White Rose oil field's floating production, storage, and offloading vessel.
  • 10/10/2000 -- Shell Canada to restart Alberta heavy oil project
    Shell Canada Ltd., Calgary, says it will spend $50 million (Can.) to restart a heavy oil project in the Peace River area of northern Alberta using new technology. The recovery process, known as soak radial, uses steam to soak bitumen and improve flow of the crude oil trapped in sand.
  • 10/10/2000 -- Smedvig secures two deepwater commitments for West Navion
    Conoco UK Ltd. has issued a letter of intent for an exploration drilling contract to Norway's Smedvig for use of Smedvig's deepwater drillship West Navion, Smedvig said Monday. Enterprise Energy Ireland Ltd. has also awarded the drillship a letter of intent.
  • 10/09/2000 -- Exploration/Development briefs, Oct. 9
    Aker Maritime � J. Ray McDermott � Kerr-McGee Oil & Gas � Enterprise Oil � Ocean Energy � Harken Energy � Ridgeway Petroleum � Bitech Petroleum � Venus Exploration � Grey Wolf Drilling � Daugherty Resources
  • 10/06/2000 -- EIA: Winter electricity demand to rise 2.8%
    Total electricity demand this winter is expected to be 2.8% higher than last year, federal energy forecasters predicted Friday. The Energy Information Agency (EIA) said the winter should be 11% colder than last, resulting in a 4.6% increase in electricity use by the residential sector and 3.9% increase by the commercial sector.
  • 10/06/2000 -- PanCanadian turns ground to construct Christina Lake oil project
    PanCanadian Petroleum Ltd., Calgary, broke ground Thursday on the site of its Christina Lake Thermal Oil Project, located 170 km south of Fort McMurray in northeast Alberta.
  • 10/06/2000 -- OIL IMPORTS AND US ENERGY POLICY
    The US oil and gas industry soon will receive a hard lesson about the problem of calibrating energy policy to the country's dependency on imported oil.
  • 10/05/2000 -- Eleven companies to draw crude from SPR
    The US Department of Energy Wednesday accepted bids from 11 companies seeking 30 million bbl of oil from the Strategic Petroleum Reserve. DOE has estimated that releasing 30 million bbl of crude this fall could result in production of 3-5 million bbl of additional heating oil.
  • 10/05/2000 -- Research uses mud pulses for pore pressure prediction
    Engineers at the Idaho National Engineering and Environmental Laboratory are studying the use of hydraulic power pulses through a drilling rig's mud circulating system to provide an enhanced 'look' ahead of the bit in seismic-while-drilling operations.
  • 10/04/2000 -- Drilling/Production news briefs, Oct. 4
    Statoil � Fortum � Chiles Offshore � AMFELS � Badr Petroleum � Smedvig
  • 10/03/2000 -- Halliburton plans two new cementing unit designs
    Two new Halliburton Co. onshore cementing pumping unit designs will feature updated technology and safety features. The company told the Society of Petroleum Engineers annual meeting on Monday that more than 60 of the new units will be manufactured and deployed throughout North American markets over the next year.
  • 09/29/2000 -- Petro-Canada begins work on oilsands plant
    Petro-Canada, Calgary, has begun construction of its $290 million (Can.) McKay River oil sands plant, 36 miles northwest of Fort McMurray, Alta. The company has also applied for a production increase to 30,000 b/d from an already approved 22,000 b/d. The plant is scheduled to go on stream in 2002.
  • 09/29/2000 -- Declining US summer production levels keep storage low, gas prices high
    US natural gas production is now rising, but declining levels of production throughout the past summer have driven down the pace of gas storage injections. In a report released Wednesday, New York-based investment firm Salomon Smith Barney said lower levels of storage injections will keep gas prices high as the US enters the last 6 weeks of this year's storage injection season.
  • 09/29/2000 -- COMPETING OIL-VALUE CLAIMS ON FULL DISPLAY
    This year's price lurch has added stress to competing claims by governments on petroleum values.
  • 09/28/2000 -- Republicans challenge legality of SPR drawdown
    Rep. Joe Barton (R-Tex.), the US House of Representatives Energy and Power Subcommittee chairman, will ask the Clinton administration to explain its legal authority to sell 30 million bbl of oil from the Strategic Petroleum Reserve. Meanwhile, Energy Sec. Bill Richardson plans to meet next week with refiners to urge them to delay routine seasonal maintenance.
  • 09/27/2000 -- Pogo Producing focuses on foreign plays
    While it is taking a conservative approach to finding new production, Houston-based Pogo Producing Co. is hunting for elephant-sized reserves in greener, watery 'pastures' overseas, though it intends to retain its holdings in North American plays.
  • 09/27/2000 -- Drilling/Production news briefs, Sept. 27
    ProSafe � Schlumberger Oilfield � Greka Energy � Unocal Thailand � Smedvig Asia
  • 09/24/2000 -- Baker Hughes considers 'fixing' division, selling segments
    Baker Hughes Inc. has one division�Inteq�that must be fixed, and two segments�its oil and gas properties and the Baker Process division�that should be sold. But the rest of the firm holds much promise for the current rebound, said Michael E. Wiley, the new chairman, president, and CEO.
  • 09/24/2000 -- Triton announces Ceiba-6 well results
    Triton Energy Ltd., Dallas, said Friday it would plug and abandon its Ceiba-6 delineation well off Equatorial Guinea after initial logs failed to find oil and gas. It also reported it would spud the first well of a planned 6-well exploration program in the next 10 days.

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