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General Interest 2001 P15

  • 02/15/2001 -- Finance/Companies news briefs, Feb. 15
    Naftex Energy � Cabre Exploration (Cyprus) � Adair International Oil & Gas � Superior Geophysical � Universal Compression Holdings � Weatherford International � Cudd Pressure Control � Sooner Testing � and more �
  • 02/07/2001 -- Four team up to advance subsea processing
    ABB Offshore Technology AS, BP, Chevron Corp., and Kvaerner AS Wednesday said they would cooperate to advance subsea processing technology for future deepwater field developments. The four companies will study the development of 'standardized, modular, compact, and remotely operated facilities' for installation on the seabed that would 'reduce the operating difficulties, costs, and environmental impact of deepwater production.'
  • 02/27/2001 -- Exploration/Development news briefs, Feb. 27
    Oiltec Resources � Triton Energy � Shell Exploration & Production � BP � Hyundai Heavy Industries � Woodside Petroleum � Cultus Timor Sea � Cosmo Oil Ashmore � Western GECO � Staatsolie � Sable Offshore Energy � Kværner � SNC-Lavalin � International Petroleum Libya � Gemini Energy � Ultra Petroleum � Beta Oil & Gas � and more
  • 02/21/2001 -- AEC discovery in Alberta estimated to flow 60 MMcfd
    Alberta Energy Co. Ltd. said Wednesday it has made a gas discovery in the Ladyfern area of northeastern British Columbia. It estimates the well, drilled 9,235 ft into a Slave Point dolomitic reef, could produce 60 MMcfd. A second well will be production tested later this week.
  • 02/20/2001 -- Repsol-YPF finalizes contract for Peruvian block
    Repsol Exploracion Peru, a unit of Spain�s Repsol-YPF SA, has revealed more information about its exploration and production contract with Perupetro, the state oil agency, for Block 27 in the Mara�on basin.
  • 02/15/2001 -- Chevron to boost Gulf of Thailand oil production
    Chevron Offshore (Thailand) Ltd. plans to raise crude oil production from its Gulf of Thailand license by 164% to 90,000 b/d by 2004-2005. Natural gas production from block B8/32, covering the 2,900 sq km area about 201 km offshore, would also step up in the same period by more than 130% to 340 MMcfd.
  • 02/12/2001 -- Petro-Canada spuds first well in 20 years in Mackenzie Delta Arctic
    Petro-Canada, Calgary, planned to spud the first exploration well two decades Saturday in Canada�s Mackenzie Delta Arctic region, north of Inuvik, NWT. The project, 80 miles north of Inuvik, was originally scheduled to start Feb. 1 but was delayed by warm weather that prevented movement of heavy equipment to the site on an ice road.
  • 02/07/2001 -- Murphy hits good gas well in British Columbia
    Murphy Oil Corp., Calgary, has a natural gas discovery in northeastern British Columbia that flowed up to 100 MMcfd on test. The A-97-H exploratory well, about 62 miles north of Fort St. John, BC, would rank as one of the top 10 onshore discoveries in Canada, the company said.
  • 02/06/2001 -- Exploration/Development briefs, Feb. 6
    Energy Partners Ltd. � Clayton Williams Energy � Santos � Delhi Petroleum � Origin Energy � Oil Co. of Australia � DONG Efterforskning og Produktion � RWE-DEA � Denerco Oil � EWE � Bligh Oil & Minerals � Triton Energy � Ranger Oil (South Africa) � Statoil
  • 02/01/2001 -- Australia's Gorgon area gets two more discoveries
    Texaco Inc. and partners said Thursday they have two gas discoveries in the Northern Carnarvon basin off Western Australia. The Iago-1, on exploration permit WA-25-P, and the Io-1 on permit WA-267-P are in the same area as the giant Gorgon gas field.
  • 02/27/2001 -- Electric Power news briefs, Feb. 27
    Kinder Morgan Energy Partners LP ... Cielo Wind Power LLC ... Southwestern Public Service Co. ... PECO Energy Co. ... Aquila Inc. ... General Electric Co. ... Siemens Westinghouse Power Corp. ... Constellation Energy Group Inc. ... Kiewit Industrial Co. ... Avista Corp. ... Spokane County Air Pollution Control Authority ... Alliance RTO ... Midwest RTO ... Salt Plains Storage Inc. ... Alberta Energy Company Ltd. ... Manchester Gas Storage Inc. ... Black Hills Corp.
  • 02/22/2001 -- Electric Power news briefs, Feb. 22
    Sempra Energy Resources ... CES Acquisition Corp. ... Montana Power Co. ... New York Power Authority ... Port of Port Arthur ... Sabine Power I Ltd. ... World Wireless Communications Inc. ... Texaco Natural Gas Inc. ... AES NewEnergy ... Quaker Oats Co. ... Enron Energy Services ... Sierra Pacific Resources ... Mirant Corp. ... Duke Energy North America
  • 02/19/2001 -- California cogenerators form SoCal credit committee
    Eight natural gas-fired electricity generators have formed the Southern California Edison (SCE) Qualified Facility creditors committee. Berry Petroleum Co.; O.L.S. Energy�Chino and O.L.S. Energy�Camarillo; Carson Cogeneration Co.; Mojave Cogeneration Co.; Procter & Gamble Paper Products Co.; Sithe Energies Inc., US Borax Inc., and Willamette Industries Inc. said they are evaluating their options with respect to SCE's alleged failure to pay for power under qualifying facility long-term contracts.
  • 02/12/2001 -- Michigan regulators say lack of transmission access hurts retail market
    In a situation that parallels California's transmission deficiencies, Michigan regulators say the state electric transmission system is physically inadequate to support a vibrant competitive market, while federal regulators 'preoccupation' with California is hampering transmission reform. Michigan regulators blame lack of access to transmission, in part, for the modest amount retail choice available in the state.
  • 02/27/2001 -- Drilling/Production news briefs, Feb. 27
    Transocean Sedco Forex � Chevron USA Production � Derek Resources � Pride International � Sea Wolf Drilling � Odfjell Drilling � Smedvig � Norsk Hydro � Kværner �
  • 01/23/2001 -- Williams buys High Island pipeline system
    Williams' Field Services unit acquired the Black Marlin Pipeline System off Texas for $9.3 million, said Blue Dolphin Energy Co. The 75-mile natural gas and condensate gathering line with related onshore facilities serves the High Island area. Blue Dolphin signed an option agreement to acquire another pipeline system and onshore liquids separation and gas dehydration facilities in the Western Gulf of Mexico off Texas.
  • 01/26/2001 -- Unocal patent review unwarranted, says solicitor general
    The US Solicitor General has filed a brief recommending the Supreme Court deny a request by several oil companies to open a hearing on Unocal Corp.'s cleaner burning gasoline patent. Now that the requested brief has been filed, the Supreme Court will decide whether to review a lower court's decision.
  • 01/19/2001 -- Electricity outages shut in California products line
    Gasoline could be in short supply in California after a major products pipeline with an interruptible electricity supply contract was shut down for almost 3 straight days. With California's power crisis spreading, inventories were building at some refineries. Kinder Morgan Inc.'s pipeline returned to service Friday after Pacific Gas & Electric Co. cut power to the pipeline during electricity emergencies earlier in the week.
  • 01/12/2001 -- Alaska proposes 16 state lease sales over 5 years
    The Alaska Division of Oil and Gas has proposed holding annual oil and gas lease sales in the Cook Inlet, Beaufort Sea, and North Slope areas through the year 2005. It also proposed a single North Slope Foothills area-wide sale be held concurrently with the Cook Inlet sale next May.
  • 01/04/2001 -- Oil stocks made strong gains in 2000
    John S. Herold Inc., Norwalk, Conn., said Thursday that energy company stocks achieved a median total return of 48% in 2000, and a fourth of the issues doubled in price. Herold, an energy research and consulting firm, released the data in its Oil Share Market Performance 2000 report.

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