Exploration Development 2003 P

04/14/2003 -- ALASKA'S ANWR-2: Geologic assessment and production forecasts for the ANWR 1002 Area
Petroleum is a crucial resource in the 1002 Area of ANWR. But how much is there, and what methods were used to develop the estimates?
04/14/2003 -- DONG awarded two licenses in Norwegian North Sea
The Norwegian Oil and Energy Department has awarded Dansk Olie & Naturgas AS (DONG) operatorship of two new licenses in the southernmost sector of the Norwegian North Sea. The licenses are Blocks 4/1 and 4/2, which lie north of Nini field that DONG currently is developing, and Block 3/7, east of Trym and Lulita fields.
04/11/2003 -- ConocoPhillips receives approval of Corocoro development plan
ConocoPhillips unit Conoco Venezuela CA and its partners received approval Thursday from Venezuela's Ministry of Energy and Mines and Petróleos de Venezuela SA (PDVSA) to proceed with Phase I of Corocoro field development in the Gulf of Paria West off Venezuela.
04/08/2003 -- Questions loom for owners of leases off California
The Bush administration's decision not to appeal to the US Supreme Court disputes over 36 undeveloped oil leases in federal waters off California now begs the questions: Can they ever be developed? And, if not, will leaseholders obtain some compensation?
04/04/2003 -- Alaska's ANWR-1: ANWR 1002 Area and development: one question, many issues
Part 1 of a series of articles providing a clear review of the relevant information on the ANWR debate.
04/01/2003 -- ConocoPhillips announces drilling results in Indonesia
ConocoPhillips Indonesia, a subsidiary of ConocoPhillips, reported the successful test of its Suban-8 delineation well on the southwest flank of Suban natural gas field on the Corridor block production-sharing contract in South Sumatra, Indonesia.
04/01/2003 -- US offshore drilling activity to recover by second half, analyst says
Despite the uncertainty surrounding the jack up market in the Gulf of Mexico, US offshore drilling activity is expected to recover by the second half of this year, according to a recent Jefferies & Co. Inc. industry update note.
04/01/2003 -- Anadarko, partners make another oil find in Algeria
Anadarko Petroleum Corp., Algeria's state-owned Sonatrach, and partners Maersk Olie Algeriet AS—a unit of Denmark's Mærsk Olie & Gas AS—and ENI SPA unit Lasmo Oil (Algeria) Ltd., reported another oil discovery on Block 404 in the Berkine basin in Algeria.
03/28/2003 -- Deepwater 2D data reveal Orange basin objectives off western South Africa
Results are encouraging from a regional 2D seismic survey over the deepwater Orange basin off South Africa.
03/28/2003 -- In the wings
Few analysts dispute Iraq's powerful allure as a long-term investment opportunity. But the actual payout may take several years, if not a decade or longer after US-led military action ends.
03/28/2003 -- Pakistan planning two power plants
Pakistan's National Electric Power Regulatory Authority (NEPRA) has granted a license to TNB Power Dharki Ltd. unit TNB Liberty Power Ltd. for a 235 Mw, combined-cycle electric power plant at Ghotki in Sindh Province.
03/27/2003 -- Anadarko awards Weatherford optical monitoring contract for Marco Polo development
Anadarko Petroleum Corp. awarded Weatherford International Ltd. a six-well contract to provide permanent downhole optical pressure, temperature, and distributed temperature-sensing systems (DTS) for the Marco Polo deepwater development in the Gulf of Mexico.
03/25/2003 -- Exploration to pick up east of Labrador, Newfoundland
Nonexclusive seismic surveys are planned this summer in the Atlantic off Labrador and Newfoundland in search of oil.
03/25/2003 -- SEPAC's Wolf: Wave of small-producer start-ups galvanizing Canadian oil and gas sector
SEPAC Chairman David WolfAlthough a new crop of small producers is bringing fresh ideas to Canada's oil and gas sector, the regulatory burden has increased dramatically, to the point where it discourages the formation of new small producers. A lot of the companies forming now are going the private route in the early stages as a way to reduce the regulatory burden.
03/21/2003 -- Postitive factors dominate negatives for Illinois basin coalbed methane
Illinois basin coalbeds have low gas content, but there are numerous coal seams and, locally, there is lots of support for development.
03/19/2003 -- Ormen Lange group awards Aker Kværner FEED contract for processing plant
Norsk Hydro ASA has selected Aker Kværner, to receive a contract worth 950 million kroner for engineering and design of the project's onshore Nyhamna processing plant near Aukra.
03/18/2003 -- Statoil awards Kristin installation to AMC
Statoil ASA has awarded a 100 million kroner contract to Aker Marine Contractors (AMC) for installation of the semisubmersible Kristin platform in the Norwegian Sea field.
03/18/2003 -- Pemex awards Schlumberger, ICA Fluor Daniel $500 million Chicontepec contract
Petroleos Mexicanos (Pemex) has awarded Schlumberger Oilfield Services and ICA Fluor Daniel a $500 million contract to recover natural gas and oil in Chicontepec field.
03/18/2003 -- Middle East
The Center for Strategic and International Studies, Washington, DC, the Institut Francais de Pétrole, Paris, and Simmons & Co. International, Houston, this month launched an 18-month study of production capacities of the largest oil fields in Saudi Arabia, Iran, Iraq, Kuwait, and the UAE.
03/18/2003 -- Sao Tome and Principe
Democratic Republic of Sao Tome and Principe and Environmental Remediation Holding Corp., Houston, reached an agreement ERHC said will settle all outstanding disputes.

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Exploration Development 2003 P