Drilling Production 2001 P

10/10/2001 -- 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.
10/10/2001 -- BP submits environmental plan for Clair field off the Shetlands
The UK government is studying BP PLC's environmental plan for its $1.5 billion Clair field project off the Shetland Islands.
10/09/2001 -- 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.
10/08/2001 -- Drilling/Production news briefs, Oct. 8
Petrodrill IV ... Petrodrill V ... Friede Goldman Halter ... Esso Norge ... CSO Aker Marine Contractors ... Diamond Offshore Drilling
10/08/2001 -- OPEC may consider oil quota reductions late this week
A cut in OPEC oil production may be announced late this week or early next week, an Organization spokesman said Monday following a series of phone conversations between its secretary general, Ali Rodriguez, and member states Saudi Arabia, Iran, and Algeria
10/08/2001 -- 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.
10/08/2001 -- 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.
10/08/2001 -- 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.
10/05/2001 -- Low commodity prices erode US drilling activity
US drilling activity continued to erode this week, both on land and offshore, two industry groups reported Friday. Utilization rates among mobile offshore rigs in the Gulf of Mexico plummeted to 62.7%, the lowest level since May 1999, as six more units came off jobs with no new contracts.
10/05/2001 -- 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.
10/04/2001 -- 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.
10/04/2001 -- 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.
10/03/2001 -- 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.
10/03/2001 -- 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.
10/03/2001 -- 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.
10/02/2001 -- 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.
10/02/2001 -- 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.
10/01/2001 -- 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.
10/01/2001 -- 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.
10/01/2001 -- Texaco begins drilling operations for first dual-gradient well
Texaco Inc. is drilling what it says is the first dual-gradient well using a subsea-mudlift drilling system developed by a joint industry project led by Conoco Inc. The Shasta field No. 8 is in 910 ft of water on Green Canyon Block 136 in the Gulf of Mexico.

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Drilling Production 2001 P