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Drilling Production 2001 P3

  • 01/12/2001 -- Second phase set for Fort Hills oil sands project
    TrueNorth Energy Corp., Calgary, plans a second phase to its proposed Fort Hills oil sands project that will double expected peak production to 190,000 b/d of bitumen and nearly double the project's cost to $2 billion (Can.).
  • 01/15/2001 -- Woodside preparing to produce Legendre field off Australia
    Woodside Energy Ltd. is making final preparations for first oil from its Legendre oil fields off Western Australia. The Ocean Legend, a mobile production unit converted from a jack up rig, arrived in Dampier last week.
  • 01/15/2001 -- MMS updates requirements for Gulf of Mexico E&D plans
    The US Minerals Management Service has issued revised guidelines to help operators submit oil and gas exploration and development plans for Gulf of Mexico leases. The Gulf of Mexico regional office gets 600-700 plans/year.
  • 01/15/2001 -- Global Marine sees boom for 2001 offshore drilling
    Industry analysts are predicting a 20% increase in upstream spending by oil and gas companies this year. However, Robert E. Rose, president and CEO of Houston-based Global Marine Inc., said Monday: �A real potential exists for spending greater than that,� with oil and gas prices at higher levels than previously anticipated.
  • 01/18/2001 -- Drilling/Production news briefs, Jan. 18
    Fortune Oil & Gas � Syncrude Canada � Esso Production Malaysia � Smedvig
  • 01/18/2001 -- Pegasus International merges with Mentor Project Engineering
    Pegasus International Inc., Houston, has merged with Mentor Project Engineering, London. Pegasus said the deal makes it one of the largest independent oil and gas engineering consultants in the world. It said Mentor's experience in floating production, storage, and offloading solutions made it attractive to Pegasus, which has operations in pipeline, process facilities, and electrical engineering.
  • 01/18/2001 -- Senate panel approves Abraham as US Energy Secretary
    The US Senate Energy and Natural Resources Committee Thursday approved the nomination of former Sen. Spencer Abraham (R-Mich.) to be Energy Secretary in the administration of President-elect George W. Bush. The full Senate is expected to approve his nomination soon. Abraham said he no longer supported legislation dismantle the Energy Department.
  • 01/19/2001 -- Anderson Exploration to purchase Numac
    Anderson Exploration Ltd. has offered to purchase Numac Energy Inc. in a transaction worth $960 million (Can.), including $135 million in debt. Anderson offered $8/share (Can.) in cash for all the issued and outstanding shares of Numac.
  • 01/19/2001 -- Thai Shell to raise production from Thai tract
    Thai Shell Exploration & Production Co, part of the Royal Dutch/Shell Group, expects to raise oil production from its S1 tract in northern Thailand this year to 24,500 b/d, up 2.7% from last year. The company plans to maintain gas production at last year's level of 55 MMcfd plus 300 tonnes/day of LPG processed from the associated gas.
  • 01/19/2001 -- Enbridge repairing rupture of Alberta heavy oil line
    Enbridge Pipelines Inc. plans to resume throughput on its Line 4 heavy oil pipeline Saturday morning after a bypass is completed around a rupture discovered early Wednesday morning. The company estimated 15,000 bbl of oil was spilled in a marshy slough near Hardisty, Alta.
  • 01/19/2001 -- API says US oil demand stalled in 2000
    The American Petroleum Institute said Friday that after 4 consecutive years of growth, US petroleum deliveries stalled last year at the 1999 level. It said that was despite economic growth that, for the year as a whole, was likely the greatest in over 15 years.
  • 01/19/2001 -- North American drilling activity up again
    North American drilling activity continued to build this week, with 1,128 rotary rigs working in the US and its waters, and 561 working in Canada, said Baker Hughes Inc., Houston. There was one more rig than last week drilling for gas in the US and Canada, for a total of 887. A year ago, there were 637 rigs drilling for gas.
  • 01/23/2001 -- PetroChina selects IHS to organize 17-block round
    PetroChina Co. Ltd., a unit of China National Petroleum Corp., has selected IHS Energy Group to organize and attract bidding on 17 blocks on offer in the Bohai Wan basin. IHS said it is seeking qualified international oil and gas companies as contractors for the exploration, field development, and rehabilitation in the blocks in Liaohe subbasin.
  • 01/23/2001 -- Burlington Resources claims depth record
    Burlington Resources Inc. is running tubing in its Bighorn 6-27 well in Fremont County, Wyo., which set a depth record for the state and the entire Rocky Mountains area. The well was drilled to a TD of 25,855 ft on Jan. 7, with a true vertical depth of 25,821 ft.
  • 01/24/2001 -- Exploration/Development news briefs, Jan. 24
    International Petroleum Libya - Harken Energy - Indo-Pacific Energy - Statoil - Oiltec Resources - Tikal Resources - Petroleo Brasileiro - Esenjay Exploration - TotalFinaElf - Libyan National Oil - Wintershall - Petro-Canada - Americomm Resources - Empire Petroleum - Ness Energy International
  • 01/24/2001 -- Drilling/Production news briefs, Jan. 24
    Mike Mullen Energy Equipment Resources � China Offshore Oil Northern Drilling � Talisman Energy � Maersk Contractors � Hyundai Heavy Industries � Amoco Production � Helmerich & Payne
  • 01/25/2001 -- Shell Canada reports record earnings
    Shell Canada Ltd., Calgary, joined a growing list of Canadian oil patch companies reporting record earnings for the year 2000, based on strong commodity prices and improved refining margins. The company earned $858 million (Can.) in 2000, compared with $641 million in 1999.
  • 01/29/2001 -- North American rig activity dips
    US drilling activity declined slightly last week, with 1,116 rotary rigs working, officials at Baker Hughes Inc. reported. That�s 12 fewer than the previous week but up strongly from 755 during the same period a year ago.
  • 01/29/2001 -- Pride signs 5-year contracts for two deepwater rigs in Brazil
    New 5-year charter and service contracts for two newly built deepwater semisubmersible rigs will effectively resolve a principal part of its troubled Amethyst joint venture, Pride International Inc. officials in Houston told financial analysts Monday.
  • 01/29/2001 -- Canoro to begin exploring block in India
    The government of Assam state in India has signed the petroleum exploration license for Block AA-ON/7, said block partner Canoro Resources Ltd., Calgary. The block, in the Assam-Arakan basin in northeastern India, covers 1,934 sq km.
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