Drilling Production 2001 P

07/16/2001 -- Relief well planned to kill blowout in Gulf of Mexico
Global Marine Inc., Houston, has moved in a second rig to drill a relief well and is in the process of obtaining a derrick barge to cap a natural gas blowout in the Gulf of Mexico about 26 miles south of Freeport, Tex.
07/13/2001 -- North American drilling activity increases
Total US drilling activity increased this week, but the number of rigs under contract in the Gulf of Mexico declined to the lowest level in 9 months, industry sources reported Friday.
07/13/2001 -- Worker missing after offshore blowout
The search continues for one missing worker following a natural gas blowout aboard Marine Drilling Cos. Inc.'s Marine 4 jack up rig early Friday in the Gulf of Mexico about 26 miles south of Freeport, Tex.
07/13/2001 -- PanCanadian gets rig to appraise large Buzzard discovery in UK North Sea
PanCanadian Petroleum UK Ltd. Friday signed a letter of intent with Fred. Olsen Energy ASA for a rig to drill at least two wells to appraise the recent Buzzard discovery in the central UK North Sea. The £5 million deal with the Norwegian drilling contractor will use the Borgny Dolphin rig.
07/13/2001 -- Non-OPEC oil supply growth the new market wild card
Non-OPEC supply growth may prove the next wild card in the Saudi-led OPEC bid to fine-tune oil markets.
07/13/2001 -- Caspian hopes head north
With some analysts having calculated that the Caspian Sea holds more than 100 billion boe of oil and gas resources-depending on the volume eventually proven in the massive, shallow water Kashagan field off Kazakhstan-dreams of a new era of offshore oil and gas production fueling the economic renewal of the region's littoral states are understandable, if, like certain dreams, somewhat Pollyannaish.
07/12/2001 -- Drilling/Production news briefs, July 12
Noble Affiliates ... Enterprise Oil ... Sibneft ... Deutag Land Drilling ... Shell Exploration & Production ... Helmerich & Payne ... BP ... Europa Oil & Gas ... Norsk Hydro ... Dolphin
07/12/2001 -- OMV to develop second phase of India's Sawan gas field
OMV Pakistan Exploration GMBH will lead development of the second phase of Sawan gas field in Sindh under a deal signed Wednesday between Austrian parent company OMV AG, Sui Northern Gas Pipeline Ltd., and the government of Pakistan.
07/12/2001 -- US Senate blocks drilling in national monuments, considers Sale 181 ban
Following the lead of the US House of Representatives late last month, the Senate by voice vote Wednesday agreed to block new energy leases in designated national monuments. The ban was in a funding bill for oil-related programs overseen by the Departments of Interior and Energy.
07/11/2001 -- IPAA chairman predicts steady US natural gas prices for 2-5 years
US natural gas prices likely will hold at near current levels for as long as 2-5 years rather than fall further, as many forecasters think, the chairman of the Independent Petroleum Association of America said Wednesday. Jerry Jordan spoke at the Independent Oil and Gas Association of New York's summer meeting.
07/11/2001 -- Calgary independents Petrobank, Ventus plan merger
Petrobank Energy & Resources Ltd. and Ventus Energy Ltd., both of Calgary, plan to merge. A joint statement said the new company will focus its operations in Western Canada, Ecuador, and off Guinea-Bissau.
07/10/2001 -- Exploration/Development news briefs, July 10
Maurel & Prom ... Heritage Oil ... Kværner ... Eurogas ... Repsol-YPF Exploracion Peru ... Remington Oil & Gas ... Magnum Hunter Resources ... Petroleo Brasileiro
07/10/2001 -- Blue Dog congressmen in US House urge moderate energy plan
The Blue Dog Coalition, 32 moderate-to-conservative House Democrats from mainly coastal and southern states, Tuesday proposed an energy policy plan it says will bridge the gap between ideological extremes. The plan proposes a series of tax incentives to increase fossil fuels production.
07/10/2001 -- TBX Resources to spin off drilling company to stockholders
TBX Resources Inc., Dallas, Tuesday said it would spin off to shareholders a drilling operation, Gulftex Drilling Inc. The spinoff will be through a stock dividend to TBX shareholders of record as of Aug.15, giving them 1 share of Gulftex common for each 5 shares of TBX owned.
07/10/2001 -- TotalFinaElf awards Iranian drilling deal to KCA
TotalFinaElf SA subsidiary Elf Petroleum Iran has awarded KCA Drilling Ltd. a development contract for Doroud field on Kharg Island in Iran. The $50 million deal, set to run for 3 years, will involve drilling and/or workover of 28 production related wells using two drilling units.
07/09/2001 -- Drilling/Production news briefs, July 09
Noble Drilling ... Chevron ... Parker Drilling ... PT DATI ... Irian Jaya Gas & Oil ... Soekor E & P ... Fred. Olsen Production ... Statoil ... Smedvig
07/09/2001 -- Amerada, Ranger to reevaluate 14-year-old Beechnut find in North Sea
Amerada Hess Ltd. and Ranger Oil UK Ltd. have agreed to a £21 million joint drilling program to evaluate oil and gas discovered 14 years ago in the Beechnut area of the UK North Sea. Backed by personnel seconded from Ranger, Amerada will head a campaign on UK North Sea Blocks 29/9a south and 29/9b that will involve drilling an appraisal well of Beechnut North and exploration of Beechnut South.
07/09/2001 -- Phillips retrieves reusable Maureen Alpha platform but its fate is uncertain
Phillips Petroleum Co. UK Ltd.'s refloating of its steel gravity-based Maureen Alpha platform has set precedents in decommissioning practices in the UK North Sea.
07/06/2001 -- Drilling/Production news briefs, July 6
Exmar Offshore ... IZAR Construcciones Navales ... Texaco North Sea UK ... Northern Offshore ... Kuwait Oil ... Snamprogetti
07/06/2001 -- US drilling activity remains steady, Canadian count falls
The US rotary rig count this week remained the same as last week overall, but the Canadian count fell slightly, according to Baker Hughes Inc. There were 1,275 rigs working in the US and its waters, up 362 from a year ago, said Baker Hughes. In Canada, 304 rigs were working, down 18 from last week and down 13 from a year ago.

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Drilling Production 2001 P