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Drilling Production 2003 P

  • 12/23/2003 -- US drilling activity increases slightly
    US drilling activity increased by 2 rigs with 1,114 rotary rigs working, up from 862 at this time a year ago, officials at Baker Hughes Inc. reported Tuesday.
  • 12/23/2003 -- RJA examines factors behind differing US natural gas production estimates
    Regarding conflicting reports about the direction of US natural gas production, Raymond James & Associates Inc. said, "the preponderance of the evidence supports the view that US gas production is falling by more than 4% on a year-over-year basis."
  • 12/22/2003 -- ChevronTexaco, Ecopetrol extend Guajira Area A production contract in Colombia
    ChevronTexaco Corp. subsidiary ChevronTexaco Petroleum Co. signed an agreement with Ecopetrol the Colombian national oil company in mid-December extending their existing Guajira Area A Association contract and continuing natural gas production in Colombia's northeastern coastal region.
  • 12/19/2003 -- West Navigator drillship breaks time record for drilling in Mauritania
    West Navigator deepwater drillship has set a new drilling time record off Mauritania while drilling the Tiof West well in Chinguetti field for Woodside Mauritania Pty. Ltd., claims the drillship's owner Smedvig Rig AS. The drillship has been drilling three wells for Woodside in the area (OGJ Online, Dec. 2, 2003).
  • 12/19/2003 -- Petrobras awards P-52 platform construction contracts
    Brazil state oil firm Petróleo Brasileiro SA (Petrobras) said it plans Friday to sign three contracts totaling close to $1 billion for the construction of its P-52 offshore platform to be installed in Roncador field in Campos basin off Brazil.
  • 12/18/2003 -- North Sea Clapham development produces first oil
    Petro-Canada, 100% owner and operator of Clapham field on Block 21/24 in the UK Central North Sea about 165 km east of Aberdeen, reported that first production of crude oil from the field was achieved in late November. The field is tied back to the Triton FPSO.
  • 12/17/2003 -- ChevronTexaco, Schlumberger set new GOM record for well depth, pressure
    ChevronTexaco Corp. and Schlumberger Oilfield Services reported Monday the setting of a new measurement-while-drilling and logging-while-drilling depth and pressure records for the Gulf of Mexico.
  • 12/16/2003 -- Smedvig secures tender rig contract in West Africa
    Total Congo has awarded a letter of intent to Smedvig ASA, Stavanger, to lease Smedvig's T-8 self-erecting tender rig.
  • 12/15/2003 -- Requirements drive multilateral project planning
    New technologies can be deployed faster when objectives are clear and requirements well-defined.
  • 12/12/2003 -- Gunnison hub producing in deepwater Gulf of Mexico
    Initial production of 35 MMcfd of natural gas and 500 b/d of oil has begun from the first of three subsea wells slated for 2003 completion in the 10-well Gunnison field development in the Gulf of Mexico. Kerr-McGee Corp. affiliate Kerr-McGee Oil & Gas Corp., Oklahoma City, is operator of the new hub.
  • 12/12/2003 -- US drilling activity slips for second week
    US drilling activity declined for the second consecutive week with 1,109 rotary rigs working, 2 less than the previous week but up from 850 at this time a year ago, officials at Baker Hughes Inc. reported Friday.
  • 12/09/2003 -- Karachaganak deliveries furthered delayed to second quarter 2004
    BG Group reported Friday that production of oil from Karachaganak field in northwest Kazakhstan into the Caspian Pipeline Consortium export pipeline—along with sales at Novorossiysk—are not expected to resume until second quarter 2004.
  • 12/08/2003 -- Physical fundamentals reassert themselves in oil markets
    Oil markets appear to be edging back towards dominance by mundane physical fundamentals and away from incorporating a geopolitical price premium. If that trend grows in 2004, will the Organization of Petroleum Exporting Countries continue to succeed with a sustained price-defense strategy? Early indicators are that it will, albeit at a slightly lower price level than in 2003.
  • 12/05/2003 -- Hydrajet fracturing effectively stimulates low-permeability horizontal gas wells
    Hydrajet fracturing effectively stimulates low-permeability horizontal gas wells.
  • 12/04/2003 -- 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.
  • 12/02/2003 -- 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.
  • 11/26/2003 -- 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.
  • 11/26/2003 -- 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.
  • 11/26/2003 -- 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.
  • 11/25/2003 -- 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.

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