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Drilling Production 2003 P13

  • Thu Nov 13 16:11:00 CST 2003 -- Pogo drills successful wells in GOM, S Texas, Thailand
    Pogo Producing Co., Houston, reported drilling nine successful exploratory wells: three in the Gulf of Mexico, two in South Texas, and four in Thailand.
  • Fri Nov 14 15:11:00 CST 2003 -- US rig count dips by 3 rigs
    US drilling activity dipped by 3 rotary rigs to 1,111 this week from last week, compared with the 2-year high of 1,115 for the week ended Oct. 17, Baker Hughes Inc. executives said Friday.
  • Sat Nov 15 19:11:00 CST 2003 -- Saudi swing role assured for another decade
    Will Saudi Arabia continue to maintain its role as swing producer for oil markets in the coming decade? A new report by oil economist Tony Mackay, founder of Mackay Consultants Ltd., Inverness, Scotland, offers compelling evidence that the kingdom will not relinquish that role in the coming decade.
  • Mon Nov 17 12:11:00 CST 2003 -- Technique forecasts production from waterflooded reservoirs
    A proposed technique using the observed trend of log water-oil ratio vs. cummulative oil produced can predict oil well decline rates on a time basis.
  • Tue Nov 18 16:11:00 CST 2003 -- New world water-depth drilling record set in more than 10,000 ft of water
    A new world record for water depth drilling—10,011 ft—has been set in the Gulf of Mexico, reports the US Minerals Management Service (MMS).
  • Thu Nov 20 11:11:00 CST 2003 -- DOT: Deepwater focus turns to smaller fields
    The focus of deepwater production technology (in 2,000-3,000 m of water) now is on less costly and less risky methods for bringing onstream smaller satellite fields, in the range of 100 to 300 million boe.
  • Thu Nov 20 11:11:00 CST 2003 -- BOC opens new CO2 distribution depot in New Mexico for enhanced gas production
    BOC Group, Murray Hill, NJ, has opened a new depot in Hobbs, NM, to distribute liquefied carbon dioxide for use in boosting production from natural gas wells in the Permian basin.
  • Fri Nov 21 10:11:00 CST 2003 -- DRILLING MARKET FOCUS: North American drilling to increase in 2004
    Banc of America Securities analysts have pointed out a disturbing trend--natural gas production added per year, per rig, in the continental US has been declining since 2000.
  • Fri Nov 21 10:11:00 CST 2003 -- Underbalanced, near-balanced drilling are possible offshore
    Drilling underbalanced, or near balanced with lightweigh drilling fluids, has practical applications offshore.
  • Fri Nov 21 11:11:00 CST 2003 -- DOT: Forecasters expect strong deepwater activity trend
    Although their forecast numbers differ, John Westwood of Douglas-Westwood, Canterbury, UK, and Paul Hillegeist, president of Quest Offshore Resources Inc., Houston, both expect deepwater development activity to increase greatly during the next decade.
  • Fri Nov 21 15:11:00 CST 2003 -- Gulf of Mexico leads drop in US drilling activity
    US drilling activity continued to decline this week, down by 4 rotary rigs to 1,107 working, officials at Baker Hughes Inc. reported Friday. That's up from 826 at this same period last year.
  • Mon Nov 24 15:11:00 CST 2003 -- New Zealand faces tightening natural gas market, study finds
    According to a recently released study, New Zealand is having to cope with an ever-tightening natural gas market in a scenario reminiscent of that currently facing North America.
  • Mon Nov 24 16:11:00 CST 2003 -- CAPP: Estimates reveal Canadian oil sands reserves increased 'substantially' in 2002
    The Canadian Association of Petroleum Producers' yearly estimate of crude oil and natural gas reserves revealed that Canadian oil sands reserves rose substantially in 2002.
  • Tue Nov 25 13:11:00 CST 2003 -- Pemex awards Fronterizo block, reschedules Olmos
    After receiving two tenders and rejecting one for technical deficiencies, Mexico's national oil and gas company Petroleos Mexicanos (Pemex) selected a group led by Brazil's Petróleo Brasileiro SA (Petrobras) to develop the Fronterizo block in northeastern Mexico under a $265 million Multiple Services Contract (MSC). The 15 year contract includes gas field development, including the drilling of 100 wells; installation of infrastructure; and maintenance on the block in Nuevo Leon state.
  • Wed Nov 26 11:11:00 CST 2003 -- Niko Resources gears up to explore, exploit fields in Bangladesh
    Niko Resources Ltd., Calgary, began work this month on newly acquired Block 9, which covers 6,880 sq km surrounding the capital, Dhaka.
  • Wed Nov 26 13:11:00 CST 2003 -- N2 foamed spacers prevent annular pressure buildup at Marlin
    The use of nitrogen-foamed spacers is a proven mitigation technique for wells with potential problems with annular pressure buildup.
  • Wed Nov 26 17:11:00 CST 2003 -- US drilling activity increases by 6 rigs
    US drilling activity increased by 6 rotary rigs to 1,113 units working this week, Baker Hughes reported Wednesday ahead of the Thanksgiving Day holiday. That's up from 835 active rigs during the same period a year ago.
  • Tue Dec 02 15:12:00 CST 2003 -- Wicklund: US drilling activity to increase in 2004
    US drilling activity is expected to increase in 2004 because rig efficiency is improving, said James K. Wicklund, an analyst with Banc of America Securities LLC.
  • Thu Dec 04 19:12:00 CST 2003 -- Woodside-led group inks new E&P agreement in Libya
    The Libyan National Oil Corp. (NOC) signed an exploration and production-sharing agreement (PSA) in Tripoli in November with a consortium consisting of Woodside Energy Ltd. subsidiary Woodside Energy (NA) Ltd., Hellenic Petroleum SA of Greece, and Repsol Exploración Murzuq SA, a wholly owned subsidiary of Madrid-based Repsol YPF.
  • Fri Dec 05 14:12:00 CST 2003 -- Hydrajet fracturing effectively stimulates low-permeability horizontal gas wells
    Hydrajet fracturing effectively stimulates low-permeability horizontal gas wells.
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