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Drilling Production 2003 P11

  • 09/17/2003 -- Abu Dhabi oil firm awards deal to Italy's Snamprogetti
    The Abu Dhabi Co. for Onshore Oil Operations has awarded Italy's Snamprogetti SPA a $320 million engineering, procurement, and construction contract for enhancing production at Bu Hasa oil field 200 km southwest of Abu Dhabi, reported OPEC News Agency.
  • 09/18/2003 -- Production test due at Chinguetti appraisal off Mauritania
    The Woodside Petroleum Pty. Ltd.-led joint venture plans to production test the Chinguetti 4-5 appraisal/early development well on Block 4 in the Atlantic Ocean, a group participant reported.
  • 09/19/2003 -- Multiphase pumping addresses a wide range of operating problems
    Multiphase pumping has evolved into a well-accepted "best practice" in many producing areas and is now being asked to solve a wide range of operational problems.
  • 09/19/2003 -- SCORE reflects strengthening global rig market
    Houston-based GlobalSantaFe's worldwide Summary of Current Offshore Rig Economics (SCORE) for August 2003 was up from the previous month's SCORE by 2.4%.
  • 09/19/2003 -- PatchWork Survey showed expandables technology working its way into wells
    Expandables technology is apt to become mainstream technology sooner than many might expect, maybe within 2-3 years, UBS Securities LLC analysts said in a report on the monthly PatchWork Survey.
  • 09/19/2003 -- US drilling activity slips to 1,092 active rigs
    US drilling activity slipped this week, down by 3 rotary rigs to 1,092 still active, officials at Baker Hughes Inc. reported Friday. There were 852 rigs working in the US and its waters during the same period a year ago.
  • 09/25/2003 -- InterOil contracts rig for Sterling Mustang prospect in Papua New Guinea
    Toronto-based InterOil Corp. has accelerated its drilling program in an extensive oil exploration program on Papua New Guinea and the surrounding region. The company contracted Simmons Rig #3, a conventional oil rig that is being mobilized to commence drilling on Sterling Mustang prospect in October.
  • 09/26/2003 -- Study estimates Gulf of Mexico decommissioning costs
    A study has established decommissioning costs of Gulf of Mexico oil and gas production structures according to the stage of activity.
  • 09/26/2003 -- US drilling makes small rebound to 1,095 active units
    US drilling activity rebounded this week with 1,095 rotary rigs working, up 3 units after dipping by the same amount last week, officials at Baker Hughes Inc. reported Friday.
  • 09/29/2003 -- Petroecuador requests bids for three drilling rigs, cancels Drillfor contract
    Ecuador's state oil company Petroecuador reported that it plans to call for tenders this week for three drilling rigs to boost its oil production to 218,000 b/d by yearend, reported Business News Americas. The company could award the contract by next week.
  • 10/01/2003 -- Talisman flows first oil from PM-3 CAA Phases 2, 3 off Malaysia-Viet Nam
    Talisman Malaysia Ltd., a unit of Calgary-based Talisman Energy Inc. and operator of Block PM-3 in the overlapping Commercial Arrangement Area (CAA) off Malaysia-Viet Nam, has begun Phases 2 & 3 production of oil from the block. Oil volumes are expected to peak in early 2004.
  • 10/02/2003 -- BG, partners approved to expand Panna-Mukta, Tapti fields off India
    BG Group PLC and partners Oil & Natural Gas Corp. Ltd. and Reliance Industries Ltd., have received approval from India to begin a $138 million project to enhance the production of Panna-Mukta and Tapti fields off western India. The key fields contribute 7% to India's total oil and gas production.
  • 10/03/2003 -- Permanent seismic time-lapse acquisition array installed at Valhall field off Norway
    OYO Geospace Corp., Stafford, Tex., installed the industry's largest permanent subsea system in Valhall oil field off Norway to facilitate time-lapse seismic acquisition to improve ultimate recovery.
  • 10/03/2003 -- Interventionless actuated completions reduce risks, costs
    Operators can reduce costs and risks involved in completing wells by using pressure-pulse communication, absolute well pressure, or a hydromechanical valve to set wellbore packers.
  • 10/03/2003 -- Refuge management
    The Department of the Interior's US Fish and Wildlife Service (FWS) needs to better manage oil and natural gas activities within its national wildlife refuge system, the General Accounting Office said recently.
  • 10/03/2003 -- Gulf of Mexico demand down by 5 offshore rigs this week
    The number of mobile offshore rigs under contract in the US sector of the Gulf of Mexico fell by 5 this week to a total of 120 out of the 171 units available for work, dropping the fleet utilization rate to 70.2% in those waters, said officials Friday at ODS-Petrodata, Houston.
  • 10/06/2003 -- US gas drilling, production surge no threat to prices
    At what point does drilling for natural gas become the driving factor in gas markets? Let's set aside the issues of weather and storage that have dominated discussion of gas markets in recent months. Market-watchers now are turning their attention to a continuing rise in the Baker Hughes Inc. count of active rotary rigs—especially those drilling for gas. And there are preliminary reports of a slight uptick in US production this year.
  • 10/06/2003 -- Ziff: Western Canada field costs continue climbing
    Western Canada's operating costs at oil and natural gas fields continue to rise, meaning that reducing operating costs is the quickest value lever for producers, said Ziff Energy Group, Calgary.
  • 10/07/2003 -- Oil shale development proposed near Hudson Bay, Sask.
    Uranium Power Corp. reached agreement with Western Petrochemicals Corp. to earn a 60% interest in the Pasquia Hills oil shale joint venture in the next 4 years. Both are Calgary firms.
  • 10/09/2003 -- US House passes tar sands leasing bill
    The US House of Representatives Wednesday passed by voice vote an oil industry-supported measure sponsored by Rep. Chris Cannon (R-Utah) that aims to remove regulatory uncertainty surrounding tar sands leasing on federal lands.

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