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Drilling Production 2001 P

  • Thu Oct 11 17:10:00 CDT 2001 -- Citing security, President Bush urges Senate to pass energy bill
    President George W. Bush Thursday urged Congress to pass a comprehensive energy bill this session. He did not mention the main roadblock to a Senate bill, disagreement over whether to allow leasing of the Arctic National Wildlife Refuge coastal plain in Alaska.
  • Thu Oct 11 11:10:00 CDT 2001 -- Norway expects less revenue with lower oil prices in 2002
    Norway's revenue from petroleum operations is expected to drop to 205.5 billion kroner ($23.5 billion) in 2002, some 39 billion kroner ($4.5 billion) less than in 2001, as an economic recession reduces world demand for oil.
  • Thu Oct 11 08:10:00 CDT 2001 -- Executives cite reasons Brazil attracts offshore interests
    Phillips Petroleum Co. of Bartlesville, Okla., needs large new reserves, which is why it's exploring the deepwater "golden triangle" off Brazil and West Africa and in the Gulf of Mexico, a company executive said Wednesday.
  • Wed Oct 10 12:10:00 CDT 2001 -- Statoil awards water-injection contract for Heidrun field in N. Sea
    Statoil ASA, Stavanger, has awarded a water injection-related contract to the VM alliance, a venture of Halliburton Co., Fabricom, and Sørco. The alliance will modify the Heidrun platform in the Norwegian North Sea to allow water injection to provide pressure support for production wells.
  • Wed Oct 10 09:10:00 CDT 2001 -- Ocean Energy boosts East Zeit field oil reserves in Gulf of Suez
    Ocean Energy Inc., Houston, said a well has added appreciable reserves to its East Zeit concession off Egypt in the Gulf of Suez.
  • Tue Oct 09 10:10:00 CDT 2001 -- PTT Exploration to buy interest in Medco Energi of Indonesia
    Thailand's PTT Exploration and Production Plc plans to acquire a 40% interest in the holding firm that controls PT Medco Energi Internasional Tbk.
  • Mon Oct 08 15:10:00 CDT 2001 -- Drilling/Production news briefs, Oct. 8
    Petrodrill IV ... Petrodrill V ... Friede Goldman Halter ... Esso Norge ... CSO Aker Marine Contractors ... Diamond Offshore Drilling
  • Mon Oct 08 10:10:00 CDT 2001 -- Ziff says energy costs up a third at western Canada oil, gas fields
    Energy costs at western Canada oil and gas fields were a third higher last year and will continue to fluctuate in the next few years, said Ziff Energy Group.
  • Mon Oct 08 09:10:00 CDT 2001 -- UK offshore industry to discuss working hours regulations
    The UK oil and gas industry has formed a task force to consider how UK working time regulations might apply to offshore workers Aug. 1, August 2003.
  • Mon Oct 08 00:10:00 CDT 2001 -- British utility giant Centrica aims for 10% of Texas retail electricity market
    Don Whaley will head efforts by UK energy giant Centrica to enter the residential retail electric market in Texas.
  • Fri Oct 05 12:10:00 CDT 2001 -- US Congressional report: Economic impacts of ANWR mixed bag
    A nonpartisan report prepared for the US Congress says the economic benefits of oil drilling in the coastal plain of the Arctic National Wildlife Refuge are cloudy because of too many unknown and uncertain variables. The report follows another recent ANWR analysis on new oil drilling technology.
  • Thu Oct 04 16:10:00 CDT 2001 -- Kerr-McGee says spar accident will not delay Boomvang, Nansen developments
    Kerr-McGee Corp., Oklahoma City, said that despite an incident affecting the hull of the Boomvang spar, both Boomvang and Nansen field development projects in the Gulf of Mexico are continuing on schedule.
  • Thu Oct 04 10:10:00 CDT 2001 -- Statoil awards Kvitebjørn contracts
    Operator Statoil signed contracts for well services in connection with the development of the Kvitebjørn gas and condensate field in the North Sea. If the 11 planned production wells are drilled, the contracts will be worth a total of around NOK 400 million.
  • Wed Oct 03 11:10:00 CDT 2001 -- Schlumberger acquires Phoenix Petroleum Services
    Schlumberger Oilfield Services acquired Phoenix Petroleum Services of Inverurie, Scotland, which provides tools, technologies, and techniques to optimize production from artificially lifted wells, particularly those using submersible pumps.
  • Wed Oct 03 09:10:00 CDT 2001 -- MMS reschedules royalty policy meeting to Oct. 18
    The US Minerals Management Service Tuesday said it has rescheduled its royalty policy committee meeting to Oct.18. It will be held from 8:30 a.m. to 5:30 p.m., at the Sheraton Denver West Hotel, 360 Union Blvd, Lakewood, Colo. The meeting was rescheduled from its original date of Sept. 18.
  • Wed Oct 03 08:10:00 CDT 2001 -- Senate temporarily sidesteps ANWR leasing question
    The Senate Tuesday approved the fiscal 2002 defense authorization bill after agreeing not to consider energy legislation and other measures not directly related to the spending plan. Republican leaders say they want a definite timeframe in which the Senate will consider an energy bill. The Senate Democratic leadership won't give specifics.
  • Tue Oct 02 13:10:00 CDT 2001 -- Petrobras resuming work at Roncador field, site of platform loss
    Petroleo Brasileiro SA (Petrobras) plans to resume development of its offshore Roncador field with installation of an advanced production system in the same area where its P-36 platform, once the world's largest, sank earlier this year.
  • Tue Oct 02 07:10:00 CDT 2001 -- UK court defines offshore rigs as ships, giving workers tax break
    The UK Court of Appeal has ruled that drilling rigs operating in the UK sector of the North Sea should be classed as ships for income tax purposes.
  • Mon Oct 01 15:10:00 CDT 2001 -- Colder winter not enough to stop slide in gas prices, analyst says
    Weather forecasts are calling for a colder than normal winter for most of the country, but analysts said even a cold winter will not be enough to reverse the current slide in gas prices. Analysts said prices will stay below $3/Mcf during the winter, despite forecasts of colder weather, and far below the $10/Mcf prices that shocked consumers briefly last winter.
  • Mon Oct 01 11:10:00 CDT 2001 -- India's ONGC reports oil production down 6.2% from target
    Oil & Natural Gas Corp. production is lower than usual so far this year, in part because of revamping activities and power shortages in Assam, northeastern India.

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