05/05/2003
-- Harken reports positive test results on Cajaro well Global Energy Development PLC, the international unit of Harken Energy Corp., Houston, expects to start production by May 15 from the Cajaro 1 well on its Cajaro Association Contract in Colombia.
05/05/2003
-- Petrobras disputes Halliburton's KBR unit over $480 million platform delivery delay Halliburton Co.'s construction and engineering division, KBR, is more than 6 months late in delivering two semisubmersible floating production platforms (FPPs) to Petroleo Brasileiro SA (Petrobras), a company source who requested anonymity told OGJ Online.
05/01/2003
-- Enterprise gets thumbs down for Corrib terminal in Ireland Enterprise Energy Ireland Ltd. and partners Statoil ASA and Marathon International Petroleum Hibernia are huddling to determine an alternate development scheme for Corrib field after local authorities in Ireland refused them permission Wednesday to build an onshore terminal on the country's northwestern coast.
05/01/2003
-- Newfield reports deep shelf discovery Newfield Exploration Co. Thursday reported a deep shelf discovery on West Cameron Block 73 about 10 miles off Louisiana that it said could exceed a predrill reserve estimate of 50 bcfe.
05/01/2003
-- Pakistan awards Paige-RDC JV Block No. 3168-1 exploration license Pakistan granted a petroleum exploration license Apr. 24 to Bahamas-based Paige Ltd. and its local joint venture partner RDC International (Pvt.) Ltd. for Block No.3168-1 in the Zhob District of Balochistan Province. The block, which covers 1120 sq km, falls in prospectivity Zone 1.
04/29/2003
-- Trinidad and Tobago moving toward bidding round The government is expected to put seven oil and natural gas exploration blocks up for bid by May 31, said sources in Trinidad and Tobago's Ministry of Energy.
04/29/2003
-- Celtic Sea exploration heats up; Ramco gains option for Midleton area International oil companies expect to spend about $100 million on exploration activities off Ireland this year, particularly in the Celtic Sea, making 2003 the busiest in 25 years for drilling in Ireland, according to industry officials.
04/28/2003
-- OPEC Sec. Gen. Silva Calderón: OPEC a force for market stability OPEC Sec. Gen.Álvaro Silva Calderón"The (OPEC target price) band guarantees revenue for producing countries and provides a fair return on capital for investors in the industry."
04/28/2003
-- TotalFinaElf group to develop Sein, Badamyar fields off Myanmar A TotalFinaElf-led consortium is again considering the development of Sein and Badamyar fields in the Gulf of Martaban to augment natural gas deliveries from adjacent Yadana field, all on Blocks M-5 and M-6 about 320 km south of Rangoon, Myanmar (OGJ Online, June 14, 2002).
04/25/2003
-- North Langley K-30 well confirms Mackenzie Delta gas discovery ChevronTexaco Corp.'s Canadian unit Chevron Canada Resources, operator of the North Langley K-30 well in the Mackenzie Delta, reported Thursday that the well has encountered commercial quantities of natural gas.
04/24/2003
-- Deep water: How West Africa compares with Gulf of Mexico Similar levels of oil and gas reserves have been
brought onstream off North America and Africa
in the past 5 years, but West Africa is now poised
to power ahead.
04/22/2003
-- McMoRan reports another discovery on Lease 340 off Louisiana McMoRan Exploration Co., New Orleans, Tuesday reported another potential hydrocarbon find in 10 ft. of water on its Louisiana State Lease 340 on the Mound Point Offset prospect.
04/22/2003
-- PTT Exploration & Production farms in to Blocks 433a and 416b in Algeria PTT Exploration & Production PLC, the largely-Thai-state-owned oil firm, has farmed in with a 40% stake in onshore petroleum prospects, Blocks 433a and 416b in Algeria, joining Vietnam's state-owned PetroVietnam and Sonatrach, the Algerian national oil company.
04/17/2003
-- OMV achieves record test rate in Sawan gas field well OMV (Pakistan) Exploration GMBH, a 100% subsidiary of OMV Aktiengesellschaft, said its Sawan 7 production well in Pakistan's Sawan gas field flowed on test at the rate of 101 MMscfd of gas. The well is expected to produce at a sustainable rate of 85 MMscfd of natural gas, OMV said, and 255 MMscfd of gas will be produced from six other Sawan wells by yearend.
04/17/2003
-- Lasmo wins license to explore Pakistan Block 2667-6 Pakistan Wednesday granted an oil exploration license to Lasmo Oil Pakistan Ltd., a wholly owned subsidiary of ENI SPA of Italy, for Block 2667-6 (Gorakh) in Pakistan's prospectivity Zone II. The license covers an area 2,482.44 sq km in the Dadu, Lasbela, and Khuzdar districts of Sindh and Balochistan provinces.
04/15/2003
-- Yukon Canada Southern Petroleum Ltd., Calgary, said all parties in litigation involving Kotaneelee gas field have engaged in serious discussions for several months in an effort to reach a settlement.
04/15/2003
-- Marathon reports oil discovery off Norway Marathon Oil Corp.'s wholly owned subsidiary Marathon Petroleum Norge AS Tuesday reported an oil discovery on its Kneler 25/4-7 well on production license (PL) 203, about 140 miles from Stavanger, Norway.
