Drilling Production 2002 P

11/25/2002 -- ConocoPhillips looks to develop Corocoro field off Venezuela
ConocoPhillips said it expects government approval in 2003 of its planned development of giant Corocoro field in the southwestern Gulf of Paria.
11/25/2002 -- BCC: Oil field process chemicals market to reach $2.3 billion by 2007
The worldwide market for oil field process chemicals is expected to grow to $2.3 billion by 2007 compared with $1.7 billion in 2002, forecast Business Communications, Norwalk, Conn., in a new report.
11/25/2002 -- Shell urges Nigerian government to push for higher OPEC quota
Shell Petroleum Development Co. (SPDC) has asked the Nigerian government to push for a higher oil production quota from the Organization of Petroleum Exporting Countries, OPEC News Agency reported.
11/22/2002 -- US drilling declines to previous low level
The number of rotary rigs working in the US and its waters dropped by 4 this week—the exact number of last week's increase—with 826 units still working.
11/20/2002 -- Ecuador goes offshore with new participation contract offerings
Ecuador is offering for exploration and development four Pacific Coast blocks in the Gulf of Guayaquil region under its ninth international bidding round, government representatives said Wednesday.
11/19/2002 -- California well explosion under investigation
The US Occupational Safety and Health Administration (OSHA) and California's Division of Oil and Gas (DOG) regulatory agency are investigating the cause of an explosion and fire that occurred at a development well being drilled at Tapia Canyon heavy oil field in northern Los Angeles County, Calif., early Saturday morning.
11/18/2002 -- Mittelplate oil field has greater reserves than initial estimates
RWE DEA AG said Mittelplate oil field in the German sector of the North Sea is thought to hold reserves of more than 60 million tonnes compared with the previously estimated 35 million tonnes.
11/15/2002 -- Parker receives notice of Kazakhstan drilling suspension
Parker Drilling Co. Friday announced Tengizchevroil (TCO) has instructed it to suspend drilling operations upon completion of wells being drilled in Kazakhstan's Tengiz field.
11/15/2002 -- Kerr-McGee awards risers, flowline for Gunnison spar development
Kerr-McGee Oil & Gas Corp. has awarded a contract for the supply of a flexible flowline, jumper, and risers for Gunnison field's spar development project in the Gulf of Mexico to Wellstream.
11/15/2002 -- US drilling activity rebounds slightly
S drilling activity this week climbed by 4 rigs to a total of 830 compared with 993 units that were drilling during the same period a year ago, Baker Hughes Inc. officials reported Friday.
11/14/2002 -- Petrobras starts early production from latest big Campos find
Petroleos Brasileiro SA (Petrobras) has started early production from its biggest discovery since 1996.
11/13/2002 -- Study benchmarks 2001 drilling, completion cost for 400 South Texas gas wells
A group of operating companies with gas well completions in South Texas participated in a 400-well drilling costs and practices benchmarking study conducted by Houston-based Ziff Energy Group.
11/12/2002 -- DTI gives go-ahead to Blake Flank oil development in UK North Sea
Britain's Department of Trade and Industry (DTI), Aberdeen, has approved the £60 million Blake Flank development in the UK North Sea.
11/11/2002 -- MMS approves use of synthetic moorings for deepwater GOM
The US Minerals Management Service has approved the first permanent use of synthetic moorings to anchor a platform to the seabed in deep water.
11/08/2002 -- US drilling activity falls to 26-week low
US drilling activity dropped to the lowest level in 26 weeks with 826 rotary rigs working, down 28 from the previous week and well below the 1,010 units drilling during the same period a year ago.
11/07/2002 -- Deepwater gas giant discovered off eastern India
Indian and Canadian companies discovered a giant gas field in the Krishna-Godavari basin just off the central Andhra Pradesh coast.
11/07/2002 -- BG discovers gas near North Sea Armada field
BG Group PLC reported it has discovered a gas accumulation on the South West Seymour prospect east of BG-operated Armada field in the central North Sea.
11/01/2002 -- US drilling activity resumes decline
After ending a 3-week decline last week, US drilling activity dipped by 2 units this week, with 854 rotary rigs working, down from 1,058 a year ago, Baker Hughes Inc. reported Friday.
11/01/2002 -- ConocoPhillips producing from Hawksley field in southern North Sea
ConocoPhillips and its partners have begun natural gas production from Hawksley field in the southern North Sea. It's the first Carboniferous discovery there to be produced by subsea technology.
11/01/2002 -- OPEC price defense the group's long-run threat?
Is OPEC's rigorous defense of price a long-term threat to its own interests? A look at OPEC oil revenue trends tells the tale.

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Drilling Production 2002 P