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

Drilling Production 2001 P4

  • 01/30/2001 -- Audit: Southern California Edison transferred billions to parent
    An audit of Southern California Edison Co. ordered by state regulators showed the company paid its parent Edison International $4.8 billion in dividends during the last 5 years. The audit also revealed that the utility had $1.226 billion in cash as of Jan. 19, compared to a previous utility estimate of $51.8 million. The PUC wanted more financial data to help state officials decide what type of relief is needed, if any, to prevent the second largest utility in California from going bankrupt.
  • 02/01/2001 -- Santa Fe awards letter of intent for two spec jack ups
    Santa Fe International Corp. placed an order with PPL Shipyard PTE Ltd. of Singapore for two jack up rigs. In December, Santa Fe said it intended to build two deepwater semisubmersibles and up to four jack ups. The two rigs will cost $125 million each and take 2 years to complete. The agreement includes options for more such units, the first two at a similar price.
  • 02/01/2001 -- Syncrude Canada buys power plant
    Syncrude Canada Ltd.'s joint venture partners have bought a power plant near their Mildred Lake oil sands plant in northern Alberta from TransAlta Ltd., Calgary, for $65 million (Can.). The sale was effective Jan. 1, 2001.
  • 02/01/2001 -- Conoco adds 333 million boe to reserves
    Conoco Inc., Houston, said Thursday that it added 333 million boe to its worldwide proved reserves in 2000, replacing 139% of the oil and gas it and affiliates produced during the year. Conoco's 2000 reserve additions largely came from the company's primary focus areas of Indonesia, Venezuela, North America, the UK, and Viet Nam.
  • 02/02/2001 -- Santa Fe touts contrarian rig construction policy
    Santa Fe International Corp. Vice-Pres. Richard Hoffman said his company's recent decision to build at least four offshore rigs without contracts is nothing new for Santa Fe (OGJ Online, Feb. 1, 2001). He said the company has built on spec regularly since 1988, and intends to continue.
  • 02/02/2001 -- Aussie oil shale production up
    Australian companies Southern Pacific Petroleum NL and Central Pacific Minerals NL, along with Canadian joint venture partner Suncor Energy Inc., produced 16,000 bbl of naphtha and medium shale oil in a December test run at the Stuart project near Gladstone in Queensland.
  • 02/02/2001 -- North American drilling activity continues to climb
    Drilling activity continued to improve with 1,138 rotary rigs working in the US and its waters this week, officials at Baker Hughes Inc. reported Friday. That�s 22 more than the previous week and up strongly from 757 during the same period a year ago.
  • 02/05/2001 -- Hunt Oil improves offer for Berkley
    A unit of Hunt Oil Co., Dallas, has increased the cash component of an offer for Calgary-based Berkley Petroleum Corp., Calgary, to $10.50 (Can.) per share from $10. The offer is open for acceptance until 7 p.m. Calgary time Feb. 15. Berkley said Feb. 4 it had rejected Hunt's 'marginally improved' offer.
  • 02/05/2001 -- Occidental to evaluate Peruvian jungle blocks
    Occidental Petroleum Corp. has signed an 18-month agreement with Perupetro, the state oil agency, to evaluate blocks 21 and 22 in the Pachitea and Ucayali basins. Repsol-YPF SA and Maple Gas Corp. are also on the verge of signing exploration agreements.
  • 02/06/2001 -- UK oil, gas production figures diverge
    Oil and gas production in the UK moved in opposite directions last year, as total energy production fell 2.5% from the year before, according to Department of Trade and Industry data. Oil production dropped 7.9% in 2000 due to summer maintenance in the North Sea that lasted longer and had a greater impact than last year. Gas output rose 9.5%.
  • 02/06/2001 -- UK seeks gas flow from two Irish Sea blocks
    UK Minister of Energy Peter Hain Tuesday said the government would accept applications to develop two blocks containing fallow gas discoveries in the eastern Irish Sea. Kerr-McGee North Sea UK Ltd. previously held blocks 113/28 and 113/29 under a petroleum production license but relinquished them in 1999.
  • 02/06/2001 -- Land drillers must cope with new ergonomics rule
    Drillers have been warned that an Occupational Safety & Health Administration program to reduce work-related musculoskeletal disorders creates a 'superior class of injured personnel' by ordering more compensation for ergonomic than for other types of injuries.
  • 02/07/2001 -- Norne-Heidrun gas trunkline opens
    Statoil AS has started up a gas export line expected to move 7.6 billion cu m/year from two of the northernmost producing fields on the Norwegian Continental Shelf to continental Europe. Statoil said Wednesday that first flow was Monday for the U-shaped Norne and Heidrun gas export trunkline system.
  • 02/07/2001 -- Study: Well complexity leading factor in offshore accidents
    The complexities of deep wells and extended-reach drilling are bigger factors in offshore accidents than water depth or whether the operator is a major or independent producer, an academic analyst told members of the International Association of Drilling Contractors at a Houston conference.
  • 02/07/2001 -- Polar Lights project in Russia passes 75 million-bbl mark
    Polar Lights Co., a joint venture of Conoco Inc. and its Russian partners, announced Wednesday that Ardalin field has passed the 75 million bbl (10 million tons) production milestone. The field, in the Nenets Autonomous Okrug of the Timan Pechora basin, began production in August 1994.
  • 02/08/2001 -- Draugen shutdown continues
    Norske Shell AS said Thursday its Draugen field in the Norwegian Sea remained shut down after production was cut last Friday due to adverse winter weather and extremely low temperatures. Acting Draugen Platform Manager Nils Gunnar Gundersen said the temperature at the field, located on block 6407/9, had climbed to �1� C and 'work is being done to prepare the start-up procedure.'
  • 02/08/2001 -- Statoil to try bacteria-driven oil recovery at Norne field
    Statoil AS aims to produce an extra 30 million bbl of oil over the next 15 years from its Norne development in the Norwegian Sea through the pioneering use of a 'bacteria-aided' method of improved oil recovery, it said Thursday. Kjell Arne Jakobsen, staff engineer for petroleum technology on Norne, said method uses naturally occurring bacteria which, when treated with oxygen, 'wash' oil out of the pore walls of a reservoir for recovery.
  • 02/08/2001 -- Drilling/Production news briefs, Feb. 8
    TotalFinaElf � Transocean Sedco Forex � US Environmental Protection Agency � Enterprise Oil � Dril-Quip
  • 02/09/2001 -- Gas markets to remain tight despite recent respite
    Will a major shortfall of natural gas supply this winter spell tight gas markets for the foreseeable future? That likelihood continues to persist even though a demand slump has brought gas prices back down from their stratospheric peaks of December.
  • 02/09/2001 -- Hydro fields ease back into production
    Norsk Hydro AS reported Thursday that its Njord oil field in the Norwegian Sea had resumed normal operations as production at many of the operator's other Norwegian Continental Shelf installations was ramped back up after 'drastic' output reductions related to the recent cold weather.

Related Articles

EPA will set RFS requirements for this year next year

11/21/2014

How bad does regulation of the Renewable Fuel Standard have to become before the US Congress ends a program broken beyond repair?

BHI: Oklahoma, Cana Woodford lead gains in this week’s rig count

11/21/2014 A week of mostly offsetting activity saw the US drilling rig count edged up a single unit to 1,929 rigs working during the week ended Nov. 21, Bake...

EPA won’t finalize RFS’s 2014 biofuel quotas before yearend

11/21/2014 The US Environmental Protection Agency announced it will not finalize 2014 biofuel quotas under the federal Renewable Fuel Standard (RFS) before ye...

MARKET WATCH: NYMEX crude up on recovering Chinese oil demand

11/21/2014

Oil prices bounced back up $1/bbl on the New York market Nov. 20 on indications that Chinese oil demand might be recovering.

Worker killed in platform explosion offshore Louisiana

11/21/2014 An explosion that occurred on Nov. 20 at the Fieldwood Energy LLC-operated West Delta 105 E offshore platform, also known as Echo, in the Gulf of M...

Statoil halts Kwanza exploration program offshore Angola

11/21/2014 Statoil ASA has canceled the Stena Carron rig contract, effective Nov. 21, after fulfilling work commitments in company-operated Blocks 38 and 39 o...

Petrobras starts production from another Santos basin FPSO

11/21/2014 Petroleo Brasileiro SA (Petrobras) has launched production from the Cidade de Ilhabelha floating production, storage, and offloading vessel in Sapi...

Navitas to build Eaglebine natural gas gathering pipeline

11/20/2014 Navitas Midstream Partners LLC, The Woodlands, Tex., will build the La Bahia natural gas gathering system, including a 20-in. OD pipeline extending...

Total joins global climate initiatives

11/20/2014 Total SA, in what it describes as a consolidation of its efforts to address climate change, will support initiatives of the United Nations Global C...

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

Available Webcasts


On Demand

Smarter Infrastructure for Oil and Gas

Wed, Jun 19, 2013

In this webinar we'll discover how Smarter Infrastructure from IBM can help oil and gas production, pipeline and storage teams.  Learn how you can reduce response time from your existing sensors to seconds, and provide valuable intelligence to your enterprise.

register:WEBCAST


It’s just another well?

Tue, Nov 1, 2011

Though unconventional plays are rich in resources and high in economic potential, many challenges can be associated with the development of these fields. Have you experienced the challenges of tight project economics, significant geologic uncertainty, large engineering initiatives, multiple wells, rapid decline rates, high service intensity and costs?

register:WEBCAST


Fleet Intelligence: How oil and gas firms can use telematics to reduce high severity losses and incur cost savings through better fleet management

Thu, Mar 31, 2011

In this hour-long program, oil and gas risk managers will learn how to employ telematics to help mitigate large, potentially catastrophic losses and improve the safety of their fleets.

register:WEBCAST


Integrated Operations & Maintenance: A Step Change to Improve Productivity & Mitigate Operational Risk

Wed, Mar 16, 2011

West Engineering Services and IBM will discuss how the oil & gas companies are driving toward both greater productivity and reduced risk through new integrated operation approaches.  These companies are deploying new processes and better leveraging technology to achieve these dual goals.

register:WEBCAST


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