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

Drilling Production 2001 P13

  • 05/10/2001 -- Conoco alliance plans shuttle tankers for FPSO operations in Gulf of Mexico
    Conoco Inc., Houston, formed an alliance with two shipbuilding firms in Alabama and Korea to plan the design and construction of the first shuttle tankers that would qualify to transport oil from a future floating production, storage, and offloading system (FPSO) in the deepest waters of the Gulf of Mexico, officials said Thursday.
  • 05/11/2001 -- IEA cuts world oil demand forecasts for sixth month in a row
    The International Energy Agency Friday downgraded its forecasts for global oil demand for the sixth straight month, stressing that higher oil prices and the slowdown in Western economies would cap demand growth this year at just over 1 million b/d. Demand is expected be more than 76.5 million b/d this year, 160,000 bbl under last month's prediction.
  • 05/11/2001 -- Resources Chairman praises federal ruling against roadless rule
    A key congressman has praised a May 10 decision by an Idaho judge to issue a temporary injunction against a Clinton administration rule that effectively would block about one-third of the nation's forests from oil drilling and other development. The administration has not yet commented on the ruling.
  • 05/11/2001 -- National Oilwell expands control systems line with acquisition
    In a move that expands its electrical control systems line, National Oilwell Inc. acquired Tech Power Controls Co. for about $10 million, sources reported Friday. Both companies are based in Houston.
  • 05/11/2001 -- Petrobras strikes 22°-gravity oil in Brazil's Santos basin
    Petroleo Brasileiro SA (Petrobras) discovered 22°-gravity oil on a deepwater block in Santos basin Block BS-500 in 1,498 m of water. The discovery was off Rio de Janeiro state, 170 km from the city of Rio de Janeiro.
  • 05/11/2001 -- Total US drilling activity increases as offshore utilization slumps
    US drilling activity continued to climb, but after 11 consecutive weeks of improvements, the utilization rate among mobile offshore rigs declined, industry analysts reported Friday. There were 1,232 rotary rigs drilling in the US this week, 15 more than the previous week and up from 830 a year ago.
  • 05/11/2001 -- IPAA considering appeal of Montana drilling case
    The Independent Petroleum Association of America is considering an appeal of a court ruling regarding drilling for oil and natural gas in Lewis & Clark National Forest of Montana. A Seattle federal appeals court said IPAA lacks standing to sue the US Forest Service. IPAA said it was evaluating whether to appeal to the US Supreme Court.
  • 05/14/2001 -- Finance/Companies briefs, May 14
    Athabasca Oil Sands Trust ... Bonus Resource Services ... Halter Marine Inc. ... Search Energy Corp.
  • 05/14/2001 -- Harrods offering interests in offshore Thailand licenses
    Harrods Natural Resources Inc., a firm owned by Harrods department store magnate Mohammed Al Fayed, has offered to sell stakes in its petroleum prospecting licenses off Thailand.
  • 05/14/2001 -- Drilling/Production news briefs, May 14
    Petrolex Energy ... Seven Seas Petroleum ... Mountain Oil ... Tipperary ... Koch Exploration ... Karachaganak
  • 05/15/2001 -- Woodside to proceed with Laminaria Phase II off Australia
    Perth-based Woodside Energy Ltd., operator of Laminaria and Corallina oil fields on Block AC/L5 in the Timor Sea off Australia, said participants have approved the $130 million (Aus.) Laminaria Phase II development.
  • 05/15/2001 -- Norsk Hydro awards contract for Fram West field in North Sea
    Norsk Hydro AS has awarded Aker Maritime AS a 500 million kroner ($55.1 million) contract to provide a production module for the Fram West development in the Norwegian North Sea.
  • 05/15/2001 -- Husky to increase East Coast exploration in drive to double output
    Husky Energy Inc. plans to increase exploration activity off Canada's East Coast as part of a plan to double overall company production to 500,000 boe/d by 2005. A decision about proceeding with the White Rose project off Newfoundland has been put off until September, however.
  • 05/15/2001 -- Esenjay Exploration reports well blowout in Matagorda County, Tex.
    Esenjay Exploration Inc., Corpus Christi, Tex., said a mechanical failure caused its Runnells 5 delineation well to blow out May 12. There was equipment damage but no injuries and no fire. Boots & Coots International Well Control Inc., Houston, said the well bridged over and the uncontrolled gas flow was substantially reduced.
  • 05/16/2001 -- Dolphin gas project issuing prequalification invitations
    This weekend Dolphin Energy Ltd. will issue the first of five prequalification invitations for major engineering and construction management contracts for the the Dolphin natural gas megaproject off Qatar, according to development partner United Arab Emirates Offsets Group.
  • 05/18/2001 -- Torrid storage injection pace deflating gas price expectations
    Unless hot weather settles in soon, a blistering gas storage injection pace will begin to reverse expectations about exceptionally high gas prices this summer.
  • 05/18/2001 -- Woodside brings Legendre development off Australia to first oil
    The Ocean Legend offshore production facility has brought the $110 million (Aus.) two-field Legendre development off Australia to first oil, operator Woodside Energy Ltd. reported Friday. Production from Legendre North and Legendre South fields, on production license WA-20-L, will now be ratcheted up to a plateau of 50,000 b/d as three more development wells are completed.
  • 05/18/2001 -- Flaring ends at Siri field in Danish North Sea
    Statoil AS's marginal North Siri field has become the first Danish offshore installation to stop flaring gas, the Norwegian operator reported Friday. An average of 25,000 cu m/day of gas, previously flared in connection with production shutdowns or process trips, will now be used either in power generation, or re-injected.
  • 05/18/2001 -- Oil slick prompts Petrobras to halt production from 13 platforms
    Petroleo Brasileiro SA (Petrobras) has halted production from 13 oil platforms in Campos basin while it investigates the source of an oil slick, estimated at 98,000 l. of crude. The halted production amounts to 135,000 b/d of crude and 830,000 cu m/day of gas. The slick appeared on Thursday.
  • 05/18/2001 -- US drilling activity dips, marine utilization lowers
    Total US drilling activity dipped this week with 1,225 rotary rigs working, seven less than the previous week but up from 849 a year ago. The utilization rate for mobile offshore rigs in the Gulf of Mexico also was down, industry sources reported Friday. .

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