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Drilling Production 2003 P8

  • Tue Jun 17 15:06:00 CDT 2003 -- Alberta may shut 2% of gas output to conserve oil sands pressure
    Alberta has proposed to force the shut-in of gas production from 900 wells to conserve pressure decline in the geologic formation that contains the Athabasca oil sands.
  • Wed Jun 18 10:06:00 CDT 2003 -- Increasing US drilling activity driving tubular prices higher
    Increased US oil and natural gas drilling activity has resulted in higher oil country tubular goods (OCTG) demand, and rising demand coupled with a weak US dollar could drive US tubular prices to record highs, analysts said.
  • Thu Jun 19 16:06:00 CDT 2003 -- Transocean rig incident under investigation
    The US Coast Guard Marine Safety Unit in Galveston, Tex., is investigating the cause of a well-control incident and fire on Transocean Inc.'s Rig 62 Tuesday night that took the life of one employee. Of the other crew members, 21 were evacuated, four with injuries.
  • Fri Jun 20 12:06:00 CDT 2003 -- Suncor resumes full oil sands production following maintenance shutdown
    Suncor Energy Inc., Fort McMurray, Alta., reported Thursday that operations at its original oil sands upgrading plant near Fort McMurry is ramping up to its full production capacity of 225,000 b/d of oil.
  • Fri Jun 20 14:06:00 CDT 2003 -- Rest of world continues to gain ground on Canada, US
    With worldwide natural gas production flat at the end of 2002, it is no surprise that the world's gas processing capacity showed virtually no growth last year.
  • Fri Jun 20 14:06:00 CDT 2003 -- Premilled window improves Level 3 multilateral design, functionality
    A new premilled window system provides another option for completing multilateral wells in the Orinoco heavy oil projects in Venezuela.
  • Tue Jun 24 14:06:00 CDT 2003 -- Burlington shuts-in natural gas production into Madden field plant
    Burlington Resources Inc. Friday reported that it would shut-in all of its natural gas production into Madden field's Lost Cabin Gas plant in central Wyoming.
  • Thu Jun 26 16:06:00 CDT 2003 -- IMA reports fewer orders for floating production units
    Worldwide orders for new floating production units have tapered off, according to the latest quarterly outlook for these systems by International Maritime Associates Inc. (IMA), Washington, DC.
  • Fri Jun 27 15:06:00 CDT 2003 -- Aluminum-alloy riser extends driller's reach into deeper water
    Drilling off Brazil has confirmed that a newly developed aluminum-alloy riser allows existing drilling rigs to drill in greater water depths without extensive modifications.
  • Fri Jun 27 16:06:00 CDT 2003 -- Rigs leave Gulf of Mexico; deepwater market reported softening
    Three mobile offshore rigs departed the Gulf of Mexico for other markets this week, reducing the available fleet to 179 units, officials at ODS-Petrodata, Houston, said Friday.
  • Wed Jul 02 10:07:00 CDT 2003 -- In-line separation boosts recovery on Statoil's Sleipner T platform
    Statoil ASA's development and use of a new compact in-line separation at its Sleipner T platform in the North Sea has improved recovery from the field, the company said, and the new technology holds promise for improving production from other deepwater subsea developments in producing fields, possibly making platforms unnecessary in the longer run.
  • Tue Jul 08 10:07:00 CDT 2003 -- Burlington Resources begins oil production from Algeria's MLN field, resumes Madden field production
    Burlington Resources Inc., Houston, Monday reported it has started oil production from Menzel Lejmat North (MLN) field in Algeria and has commissioned the field's oil processing and storage facilities.
  • Tue Jul 08 12:07:00 CDT 2003 -- Brazilian firm receives $40 million IFC loan for gas exploration in Brazil
    Queiroz Galvão Perfurações SA, the oil and gas subsidiary of Queiroz Galvão SA, a diversified Brazilian group, has received a $40 million investment loan from International Finance Corp. to support exploration and production operations in Brazil. IFC is the private sector arm of World Bank Group.
  • Tue Jul 08 17:07:00 CDT 2003 -- Ivanhoe Energy to test new process for upgrading heavy oil production
    Ivanhoe Energy Inc., Vancouver, BC, has contracted with Boston-based Ensyn Petroleum International to have Ensyn test its Rapid Thermal Processing technology which upgrades the quality of heavy oil by producing lighter crude oil.
  • Thu Jul 10 16:07:00 CDT 2003 -- Etame production off Gabon reduced further
    Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, reported Wednesday that Houston-based Vaalco Gabon (Etame) Inc, operator of Etame field off Gabon, has temporarily shut in production from a second well, ET- 1VA, due to a malfunctioning downhole safety valve. A remotely operated vehicle is scheduled to arrive at the field around July 13, at which time the cause of the malfunctions can be determined and remedial work undertaken to restore the wells to production.
  • Mon Jul 14 09:07:00 CDT 2003 -- Improvements in surge protection eliminated rig downtime off West Africa
    Improvements in electric surge protection eliminated downtime and equipment failures after Thunder storms
  • Mon Jul 14 17:07:00 CDT 2003 -- ONGC launches $390 million deepwater exploration program
    India's Oil and Natural Gas Corp.(ONGC) plans to kick off a $390 million deepwater exploration program for 2003-04 with the drilling of three wells off the country' s eastern coast, and two off the western coast.
  • Tue Jul 15 12:07:00 CDT 2003 -- BG announces first oil from giant Karachaganak project
    BG Group PLC, on behalf of its partners in giant Karachaganak oil and gas condensate field in northwest Kazakhstan¿ENI SPA, ChevronTexaco Corp. and OAO Lukoil¿has reported that first oil has been produced from the field for export through the Caspian Pipeline Consortium (CPC) pipeline to world markets via the Black Sea. Gas injection into the field also has begun.
  • Fri Jul 18 09:07:00 CDT 2003 -- Light, durable mats extend drilling season in Canada
    Light and durable mats have extended Apache Canada Ltd.'s drilling season in the Western Canadian Sedimentary basin.
  • Wed Jul 23 11:07:00 CDT 2003 -- IFC inks loan agreement with Petrobras unit for mature field EOR program
    International Finance Corp. reported that it inked a $105 million loan agreement with Petroleo Brasileiro SA (Petrobras) for investment in Petrobras Energía Venezuela (PEV), a wholly owned subsidiary of Perez Companc (Pecom), which Petrobras recently acquired.

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