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Drilling Production 2001 P16

  • 06/14/2001 -- Mitchell Energy increases proven reserves 38% this year
    Mitchell Energy & Development Corp., Houston, added 589 bcf of natural gas equivalent to its oil and gas reserves so far this year. The company's proven reserves are expected to total almost 2.1 tcf equivalent by the end of June, up 38% from the end of 2000.
  • 06/15/2001 -- US gas producers ready for winter heating season, AGA says
    US natural gas producers are ready to meet the demand of the upcoming winter heating season, with market fundamentals for gas supply strong, the American Gas Association said Thursday in a new report. In the long term, the AGA predicts, US demand will increase by 53%.
  • 06/15/2001 -- Gryphon tieback in UK North Sea awarded to Halliburton
    Kerr-McGee North Sea UK Ltd. has awarded a $3 million contract to Halliburton Subsea, a unit of Halliburton Co., Dallas, for the installation, testing, and precommissioning of subsea facilities for a step-out well from Gryphon field on block 9/18 in the UK North Sea.
  • 06/15/2001 -- US land rotary count up slightly; offshore rigs unchanged
    US land drilling increased slightly this week while utilization of mobile offshore rigs remained unchanged worldwide, industry officials reported Friday. There were 1,266 rotary rigs drilling in the US, 2 more than the previous week and up from 871 a year ago, said officials at Baker Hughes Inc.
  • 06/18/2001 -- AEC says Ladyfern discovery boosts production by 150 MMcfd
    Alberta Energy Co. Ltd. reports its Ladyfern gas discovery in northeast British Columbia went on stream May 17 and is producing more than 150 MMcfd. AEC said the addition of Ladyfern has increased company production to more than 1.5 bcfd, the first Canadian company to reach that production level.
  • 06/18/2001 -- SCORE offshore rig indicator climbs again in April
    Offshore drilling contractor Global Marine Inc., Houston, reports its worldwide Summary of Current Offshore Rig Economics (SCORE) for May increased by 2.1% over April, marking the 21st consecutive month-to-month increase.
  • 06/19/2001 -- Shell to tie back Einset development to Gulf of Mexico platform
    Shell Exploration & Production Co., New Orleans, said Tuesday a subsea production system called Einset is being developed in the Gulf of Mexico in 3,500 ft of water. Einset will tie back to Shell's SE Tahoe subsea manifold in Viosca Knoll 784, which carries production 12 miles to Shell's Bud Lite platform.
  • 06/19/2001 -- ITC to extend antidumping measures on tubular goods
    The US International Trade Commission has agreed to extend antidumping duties due or countervailing duty orders on oil country tubular goods (OCTG), other than drill pipe, from Argentina, Italy, Japan, South Korea, and Mexico.
  • 06/20/2001 -- Belfast shipyard to be paid in full for Glomar drillship
    The legal battle between shipyard Harland & Wolff PLC and Global Marine Inc. over delivery price for the deepwater drillship Glomar Jack Ryan was resolved Wednesday with confirmation that the US drilling company would pay the Belfast shipyard the final multimillion-dollar installment for the vessel.
  • 06/20/2001 -- Market watch: Energy futures prices mixed
    Energy futures prices were mixed Tuesday as international markets awaited confirmation of an expected increase in US oil and gasoline inventories. The July contract for benchmark US light, sweet crudes dipped 7¢ to $27.48/bbl on the NYMEX.
  • 06/20/2001 -- BP, Texaco find oil at deepwater Blind Faith prospect
    BP PLC and Texaco Inc. have an oil discovery on the Blind Faith prospect on Mississippi Canyon Block 696 in the Gulf of Mexico. No details about the well or the discovery were given, and BP did not say whether the field was commercial.
  • 06/20/2001 -- Congressional report: New technology key to ANWR drilling debate
    A nonpartisan report prepared for the US Congress says new oil drilling technology may be an important factor in addressing the debate over exploration of the Arctic National Wildlife Refuge's coastal plain region. The Congressional Research Service report took no sides on the ANWR issue.
  • 06/22/2001 -- House votes to postpone eastern Gulf of Mexico Lease Sale 181
    The US House of Representatives voted 247-164 Thursday to postpone by 4 months a contested eastern Gulf of Mexico lease sale planned for December. It also blocked drilling in national monuments and restricted the conditions under which the Minerals Management Service could take oil or gas royalties in-kind.
  • 06/22/2001 -- Australian wildcat opens offshore gas field in Otway basin
    Origin Energy Resources Ltd., Sydney, has an offshore Otway basin discovery at its Geographe 1 wildcat that it described as a significant. Geographe is 55 km off the Victorian coast in 85 m of water and 15 km north of the Thylacine discovery on adjacent permit T/30P.
  • 06/22/2001 -- PanCanadian to ship Christina Lake crude by Enbridge line
    PanCanadian Petroleum Ltd. plans to move crude from its Christina Lake oil sands operation in northern Alberta through the Enbridge Ltd. pipeline system. Beginning in late 2002, PanCanadian will ship up to 10,000 b/d of blended bitumen to Enbridge's Kirby Lake pipeline terminal.
  • 06/22/2001 -- Damaged Moomba gas plant in Australia back at 85% of capacity
    The South Australian Cooper Basin Producers joint venture said Friday that the Moomba gas-processing complex is back at 85% of production. An explosion and fire damaged the liquids pumping station at the Moomba complex June 16, killing one person.
  • 06/22/2001 -- California peaking project withdrawn from consideration
    In a blow to California Gov. Gray Davis's plan to boost summer peaking power, the developer of the proposed 53 Mw Baldwin energy facility said the project is dead. The Baldwin project was one of those being considered under a fast-track siting approval process the governor set in motion in January to get more power in place in time for the summer peak.
  • 06/22/2001 -- US land rotary count up; offshore rigs fall slightly
    US drilling again increased slightly this week, though North America's count overall fell, said industry officials Friday. There were 1,277 rotary rigs drilling in the US and its waters, a net gain of 11 rigs over the previous week; in Canada, the rig count fell 15 to 305, said Baker Hughes.
  • 06/25/2001 -- TrueNorth applies to build Fort Hills oil sands project
    TrueNorth Energy Corp., Calgary, has filed with the Alberta Energy and Utilities Board for approval of its Fort Hills Oil Sands project 90 km north of Fort McMurray, Alta.
  • 06/26/2001 -- Harken Energy prepares to increase Colombian field's production
    Harken Energy Corp., Houston, bought a 45-km pipeline and negotiated a new transportation agreement to move 2,000 b/d of increased oil production from Palo Blanco field in Colombia.
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