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Drilling Production 2003 P

  • Fri Oct 03 13:10:00 CDT 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.
  • Thu Oct 02 16:10:00 CDT 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.
  • Wed Oct 01 10:10:00 CDT 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.
  • Mon Sep 29 17:09:00 CDT 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.
  • Fri Sep 26 14:09:00 CDT 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.
  • Fri Sep 26 09:09:00 CDT 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.
  • Thu Sep 25 15:09:00 CDT 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.
  • Fri Sep 19 15:09:00 CDT 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.
  • Fri Sep 19 14:09:00 CDT 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.
  • Fri Sep 19 13:09:00 CDT 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%.
  • Fri Sep 19 08:09:00 CDT 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.
  • Thu Sep 18 15:09:00 CDT 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.
  • Wed Sep 17 12:09:00 CDT 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.
  • Wed Sep 17 09:09:00 CDT 2003 -- Investigation of Parker Drilling rig mishap continues
    Salvage workers Wednesday were doing an underwater survey of damage to jack up Rig 14J, owned and operated by Parker Drilling Co., Houston, that partially collapsed Sept. 11 in 35 ft of water about 5 miles off the Chandeleur Islands along the Mississippi-Louisiana coast.
  • Tue Sep 16 15:09:00 CDT 2003 -- Unocal plans to double Thailand oil production
    Unocal Corp. said its Unocal Thailand Ltd. subsidiary is seeking Thailand government approval to begin Phase II of its Thailand oil development, which would double current gross oil production from Yala and Plamuk fields in the Gulf of Thailand.
  • Mon Sep 15 12:09:00 CDT 2003 -- Noble acquires Trident 18 jack up unit
    Noble Corp. reported that it has acquired the Trident 18 jack up drilling rig from a Schlumberger subsidiary for $47 million. The purchase price includes $32.9 million plus an option fee of $14.1 million that Noble paid Schlumberger in December 2002.
  • Mon Sep 15 08:09:00 CDT 2003 -- Increased drilling spurs industry towards recovery
    Despite a brief dip in drilling activity this spring, the drilling industry remains healthy, with nearly twice the level of activity as recorded during the historic low in spring 1999.
  • Fri Sep 12 00:09:00 CDT 2003 -- Capacity glut looming for OPEC in 2004-05
    A burgeoning surplus of crude oil capacity among members of the Organization of Petroleum Exporting Countries looms on the horizon.
  • Thu Sep 11 14:09:00 CDT 2003 -- Smith Barney: New rig equipment demand outlook seen as weak until mid-2004
    Rig manufacturers face dim prospects for equipment orders until mid-2004 because rig counts remain well below levels to drive profitable newbuilds, said Smith Barney, a unit of Citigroup Global Markets Inc., Wilmington, Del.
  • Mon Sep 08 16:09:00 CDT 2003 -- UPC: Catalytic process test successfully separated oil, tar sands
    Uranium Power Corp. (UPC), Vancouver, BC, reported that a 3-4 tonne bulk sample of Athabasca tar sand was processed successfully Aug. 30 at Earth Energy Resources Inc.'s 500 tonne/day separation plant in Grande Prairie, Alta.

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