1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Drilling Production 2001 P2

  • 09/28/2001 -- Gulf of Mexico rig utilization drops for seventh week
    For the seventh consecutive week, utilization fell among mobile offshore rigs in the Gulf of Mexico as US drilling activity declined, industry analysts said Friday. A total of 1,168 rotary rigs were working in the US and its waters this week, said officials at Baker Hughes Inc., Houston. That's 18 less than last week but up from 1,015 a year ago.
  • 01/25/2001 -- Syncrude: 203,000 b/d in 2000
    The Syncrude Canada Ltd. consortium says it produced 74.2 million bbl�or an average 203,000 b/d�of its sweet blend crude in 2000 at its Fort McMurray, Alta., oil sands operation. Production was down slightly from a September forecast of 75 million bbl, but the consortium said it completed extensive maintenance work that should provide excellent plant conditions in 2001.
  • 01/10/2001 -- Drilling/Production news briefs, Jan. 10
    Aker Maritime � Dresser-Rand � Global Divers & Contractors � Shell Exploration & Production � Comstock Resources
  • 01/02/2001 -- Agip plans to double Nigerian output by 2004
    The head of Agip SPA's Nigerian E&P arm said Tuesday the company's oil output will be 450,000 b/d within 3 years, making it the third largest producer in the West African nation, according to the news agency of the Organization of Petroleum Exporting Countries.
  • 01/02/2001 -- Petrobras to sell platform, lease it back
    Petroleo Brasileiro SA (Petrobras) sold its Petrobras XX floating production unit to Westdeutsche Landesbank (WestLB) for $200 million. Petrobras will continue to operate the unit through a leasing contract for ten years, with the option to buy it back. The company intends to complete other similar transactions this year.
  • 01/02/2001 -- Shell boosts spending on two Thai fields
    Royal Dutch/Shell Group plans to spend 80% more this year on development in Thailand than last year. Thai Shell Exploration & Production Co., an affiliate of the Anglo-Dutch oil group, plans to spend up to $73 million in 2001. The company intends to sustain production from one field and restart it at another.
  • 01/03/2001 -- Khelil: OPEC output cut could be triggered before Jan. 17
    Algeria's Energy and Mines Minister, Chakib Khelil, Wednesday urged the 11 member states of the Organization of Petroleum Exporting Countries not to wait until the next ministerial meeting Jan. 17 before cutting production to prop up falling oil prices.
  • 01/04/2001 -- Drilling/Production news briefs, Jan. 4
    Prize Energy � Oil & Natural Gas Corp. � Gaffney, Cline & Associates � Petroleum Geo-Services
  • 01/05/2001 -- UTI Energy adds six rigs to fleet
    UTI Energy Corp., Houston, said Friday it has entered into three separate agreements to acquire six drilling rigs for $13.6 million cash. It said the six rigs have an average depth capacity of 15,000 ft and will bring its fleet to 150 rotaries. The three transactions are expected to close by the end of the month.
  • 01/05/2001 -- US rotary count drops seven rigs
    US drilling activity dipped slightly as the industry moved into the new year, with a total 1,107 rotary rigs working this week, seven less than the previous week, officials at Baker Hughes Inc. reported Friday.
  • 01/08/2001 -- Cairn makes second gas find off Western India
    Cairn Energy PLC said Monday that it was considering development options for a second oil and gas find on block CB-OS/2 off Gujurat in Western India. Two zones in the Ambe discovery flowed 41 MMcfd of gas on a 96/64-in. choke, while a third zone flowed 150-500 b/d of oil.
  • 01/09/2001 -- Aker to use BOA vessels for deepwater work
    Aker Maritime AS subsidiary Aker Marine Contractors said Monday it will use BOA Ltd.'s fleet of specialized vessels to install offshore platforms and mooring systems in deepwater. BOA paid 56 million kroner for 40% of AMC, with Aker retaining 60%.
  • 01/09/2001 -- Petroleum Development plans 18 Piceance basin wells
    Petroleum Development Corp., Bridgeport, W.Va., has concluded two farmout deals which will allow it to drill and develop reserves on 57,000 acres in and adjacent to Grand Valley field in Garfield County, Colo. PDC said it now controls 60,500 acres in the gas-prone Piceance basin of western Colorado. Terms of the deal were not disclosed.
  • 01/10/2001 -- AGA says US gas stocks adequate for rest of winter
    The American Gas Association said Tuesday that US natural gas storage levels appear adequate for the rest of the winter. It said gas stocks were 1.73 tcf, more than the country has used at the end of the last five winter heating seasons
  • 01/10/2001 -- Kerr-McGee to spend $630 million in North Sea
    Kerr-McGee Corp., Oklahoma City, plans to spend $630 million on exploration and production in the North Sea this year, the bulk of a $1.03 billion global E&P program announced Tuesday. The investments are part of a record $1.24 billion budgeted for capital expenditures in 2001, up 60% from last year.
  • 01/10/2001 -- Canadian drilling activity sets record
    Canada�s drilling industry is operating at close to capacity, with 96% of the 624 available units in operation. The Canadian Association of Oilwell Drilling Contractors (CAODC) said the total sets a new record for activity, compared to the previous high of 568 units last February.
  • 01/11/2001 -- Clinton won't make Alaska's ANWR a national monument
    President Bill Clinton will not designate the coastal plain of the Arctic National Wildlife Refuge a national monument, a spokesman said Wednesday. The administration said the 1980 Alaska National Interest Lands Act currently gives ANWR more protection against development than monument status would.
  • 01/11/2001 -- Lehman predicts $6.25 gas price for 2001
    The Lehman Brothers investment firm has raised its 2001 natural gas price forecast from to $6.25/MMbtu from $5, and its 2002 forecast to $4.50 from $4.15. However, it said, high prices have decreased demand markedly.
  • 01/11/2001 -- Sinopec Star crude output up 62%
    China's Sinopec Star Petroleum Co. Ltd., a subsidiary of China Petroleum and Chemical Corp. (Sinopec), raised its crude production in 2000 to 2.5 million tonnes, up 62% over 1999. Tahe field in northwestern China's Tarim basin accounted for 76% of the production.
  • 01/12/2001 -- Price stability key to oil, gas markets today
    Price stability is the watchword in oil and gas markets these days. But the two markets are coming at it from different directions.
Related Articles

Hair-trigger supply a new challenge of managing oil assets

04/24/2015

Reluctance by Saudi Arabia to cut production in defense of the crude price reflects important new realities of the oil market.

EIA: Eagle Ford’s Eagleville oil field largest in US

04/24/2015 The Eagleville oil field in South Texas, discovered only in 2009, is the largest in the US, according to a supplement to a report from the US Energ...

BHI: US rig count drops 22 units in 20th straight week of losses

04/24/2015 The US drilling rig count fell 22 units to 932 rigs working during the week ended Apr. 24, marking the 20th consecutive week of declines, according...

Odyssey Pipeline transports production from Delta House

04/24/2015 A joint venture of Shell Pipeline Co. LP and Genesis Energy LP reported that its Odyssey Pipeline System transported the first crude oil production...

USGS report aims to improve quake prediction from induced seismicity

04/24/2015 The US Geological Survey issued a report with preliminary outlines of models to predict severity of ground tremors in areas where sharp seismicity ...

SandRidge names senior vice-president, production

04/24/2015 SandRidge Energy Inc., Oklahoma City, has appointed John Suter as senior vice-president, production, effective Apr. 27. Most recently, Suter worked...

Antin Infrastructure Partners buys BP’s interest in CATS

04/24/2015 Antin Infrastructure Partners SAS, Paris, has agreed to acquire BP PLC’s Central Area Transmission System (CATS) business in the UK North Sea for $...

Ichthys begins CPF, FPSO module lifts

04/24/2015 Contractors for the Ichthys fields in the Browse basin have completed the first topside module lifts onto the central processing facility and the f...

Shintech lets contracts for Louisiana ethylene plant

04/24/2015 Shintech Inc., the US subsidiary of Shin-Etsu Chemical Co. Ltd., Tokyo, through a contractor, has let a series of contracts to CB&I, Houston, t...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts

On Demand

Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

register:WEBCAST


Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST


Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


Emerson Micro Motion Videos

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