-- CNRL, Tullow, Petroci bring Espoir field off Ivory Coast on stream Canadian Natural Resources Ltd., Calgary, has begun production from one well at Espoir field on CI-26 off Ivory Coast at 8,500 b/d of oil. Production to the floating production, storage, and offloading vessel Espoir Ivoirien will increase to 30,000 b/d by the end of the third quarter.
-- Exploration/Development news briefs, Feb. 7 MMS ... Woodside Energy ... BP ... Gulf of Suez Petroleum ... Petroleum Geo-Services ... First Calgary Petroleums ... Entreprise Nationale de Geophysique ... Petroleum Agency ... Magnum Hunter Resources ... Southwestern Energy ... Swift Energy New Zealand
-- Carigali Overseas takes another Equatorial Guinea block Carigali Overseas Sdn. Bhd., an affiliate of Petronas, has signed another production-sharing agreement with Equatorial Guinea for Corisco Bay Block N in the Rio Muni basin, said block partner Ocean Energy Inc., Houston.
-- McMoRan says promising Mound Point well flowed 10-20 MMcfd McMoRan Exploration Co. said a well on its Louisiana state lease 340 flowed 10-20 MMcfd over a 42-ft interval. In addition to the tested interval, the Mound Point well found a laminated sand section at 16,890-17,275 ft that could also contain hydrocarbons.
-- A closer option Policy-makers told US oil companies at a Jan. 25 conference in Washington, DC, that within a generation Africa may supplant the Middle East as the US's most critically strategic energy supplier.
-- Finance/Companies news briefs, Jan. 30 BP ... Veba ... Argonauts Group ... Chain Energy ... PDVSA ... Petroleos Paven ... Vepica International ... Westfort Energy ... Patterson
-- Anadarko says accounting error prompts $1.7 billion writedown Anadarko Petroleum Corp. is taking a $1.7 billion writedown of US oil and gas properties to correct a mistake in its third quarter 2001 earnings. It said it miscalculated the required writedown of the book value of US properties acquired in its July 2000 merger with Union Pacific Resources Inc.
-- International opportunities exist for independents who manage risks There are "many opportunities in the world" for international independent operators to find large oil and natural gas reserves if they manage risks, said industry analysts and executives at the opening of the 10th annual North American Prospects Expo Tuesday in Houston.
-- Finance/Companies news briefs, Jan. 28 Powder River Basin Gas ... Big Basin Petroleum Services ... Goodrich Petroleum ... PACE ... Devon Energy ... Mitchell Energy & Development ... GEOCAN Energy ... Paramount Resources ... Woodside Energy ... and more