Drilling Production 2003 P

10/23/2003 -- Sawan field dedicated in Pakistan
Governor Ishratul Ebad of Pakistan's Sindh Province formerly inaugurated Sawan gas field and plant in the Khairpur district of Sindh Province Wednesday.
10/22/2003 -- Pemex receives technical bids from Brazil, Mexico, Japan consortium for Cuervito block in Burgos basin
Mexico's national oil and gas company Petróleos Mexicanos (Pemex) reported that a Brazilian-Mexican-Japanese consortium submitted a technical proposal Wednesday in response to its tender for development of the Cuervito block in the Burgos basin of northeastern Mexico.
10/21/2003 -- Statoil fined for fatal accident
Statoil SA has been fined 1 million kroner by the public prosecutor for Rogaland (county), Norway, as a result of a fatal accident on the semisubmersible Byford Dolphin drilling rig Apr. 17, 2002.
10/21/2003 -- Statoil brings Vigdis into production
Statoil SA reported Tuesday it has begun production 2 months early from Vigdis field which it tied back to its existing Snorre A platform facilities in the North Sea. The extension eventually will recover about 50 million bbl of oil from Vigdis field.
10/20/2003 -- France's E&D spending seen to triple from low point
Exploration and development investment should improve markedly this year in France after sliding to a low point in 2002.
10/17/2003 -- Taxes to access
There's a lot US oil and natural gas producers like about the pending comprehensive energy bill before the US Congress. Both the House and Senate bills include what the Independent Petroleum Association of America calls "producer provisions" that range from taxes to access.
10/14/2003 -- Devon Energy starts oil production in South China Sea
Devon Energy China Ltd., a unit of Devon Energy Corp., Oklahoma City, has begun production from Panyu oil fields in the South China Sea. Production volumes are expected to increase steadily during the next year as additional wells are completed, and the company expects a peak gross
10/14/2003 -- Canadian Oil Sands production forecast revised due to coker's unscheduled maintenance
Calgary-based Canadian Oil Sands Trust, managed by Canadian Oil Sands Ltd., has revised downward its predicted 2003 syncrude production range to 78-90 million bbl from 81-83 million bbl due to unscheduled maintenance work requiring a complete turnaround at the Syncrude Joint Venture's oil sands facility at Fort McMurray, Alta. Syncrude Canada Ltd. operates the facility.
10/13/2003 -- OPEC quest for higher prices self-defeating or sly?
Could the Organization of Petroleum Exporting Countries be stepping into a trap of its own making? Just when oil markets were finally getting comfortable with the notion that OPEC will continue to defend a $25/bbl oil price (for a basket of OPEC marker crudes), the organization is now confronted with a proposal to boost that price
10/10/2003 -- US rig count hits 2-year high
After bouncing back and forth at 1,091-1,095 units for the past 5 weeks, the US rig count jumped to 1,109 this week, the highest level since the same period in 2001 when there were 1,141 rotary rigs working, officials at Baker Hughes Inc. reported Friday.
10/10/2003 -- Devon, Kerr-McGee abandon Yorktown well in Gulf of Mexico
US independents Kerr-McGee Corp. and Devon Energy Corp. Thursday reported that drilling operations at their Yorktown prospect on Mississippi Canyon Block 886 in the Gulf of Mexico are being temporarily abandoned.
10/10/2003 -- Custom graphs help analyze oil, gas operations
The generation of custom graphs with Microsoft Excel enables an engineer or analyst to plot untransformed data for gaining an understanding of problems related to oil and gas operations.
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.
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.
10/06/2003 -- 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.
10/06/2003 -- SPE earmarks $10 million for web site upgrades
The Society of Petroleum Engineers has earmarked more than $10 million for web site enhancements, in a three-phase effort to expand members' access to technical knowledge, improve online collaboration and continuing education, and provide efficient online registration and membership renewal.
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.
10/03/2003 -- 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.
10/03/2003 -- 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 -- 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.

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Drilling Production 2003 P