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Drilling Production 2004 P10

  • Mon Aug 02 00:08:00 CDT 2004 -- Role reversal looming for Venezuela, Russia
    A year from now, will oil markets be buzzing about investment prospects brightening in Venezuela but worsening in Russia? And will that turnabout in popular perception represent another contribution to the tightening global oil supply-demand balance?
  • Mon Aug 02 13:08:00 CDT 2004 -- RJA analyst: Investors look to Canada's oil sands to fill gap from declining production elsewhere
    The world increasingly is going to depend on Canada's oil sands to fill an anticipated gap left from declining production in Ghawar field in Saudi Arabia along with other mature oil regions elsewhere, said St. Peterburg, Fla.-based Raymond James & Associates Ltd.
  • Tue Aug 03 17:08:00 CDT 2004 -- Unocal develops fields in Ganal, Rapak, Makassar Strait PSCs off Indonesia
    Unocal Corp. subsidiaries have a number of development activities under way off Indonesia, including Phase I development of Gendal field in the Ganal production-sharing contract area, Gehem-3 and Ranggas-7 appraisal well completions in the Rapak PSC, and development activities in the West Seno field in the Makassar Strait PSC area.
  • Thu Aug 05 17:08:00 CDT 2004 -- Sherritt to renew exploration, eyes gas sales in northern Cuba
    Sherritt International Corp., Toronto, plans to resume exploratory drilling in northern Cuba in the third quarter and is considering an increase in its $90 million capital spending plan in light of the current oil price.
  • Fri Aug 06 11:08:00 CDT 2004 -- Calvalley Petroleum's Al Roidhat 4 well in Yemen finds Upper Qishn oil
    Calvalley Petroleum Inc., operator of Block 9 in Yemen, reported that the Al Roidhat 4 appraisal well spudded July 22 encountered oil in the Upper Qishn sand formation reservoir. Initial wireline log evaluation indicates a 6.5-8.5 m oil pay in a 22 m gross oil column. Auqban 1 well test results are reported.
  • Fri Aug 06 12:08:00 CDT 2004 -- North American rig count this week drops by 33 rigs
    Gains made last week in the number of rotary rigs drilling in Canada were lost this week as 39 rigs became inactive there for a total of 384 working in Canada.
  • Fri Aug 06 16:08:00 CDT 2004 -- Saudi Aramco lets production facility contracts to McDermott units
    Saudi Aramco has awarded contracts to two J. Ray McDermott SA units for the fabrication, transportation, and installation of offshore production facilities for Aramco's fields off the kingdom's east coast in 60-167 ft of water.
  • Mon Aug 09 00:08:00 CDT 2004 -- US gas drilling boom not delivering more production
    US natural gas prices are showing signs of weakness, but the long-term outlook continues to be one of strength.
  • Tue Aug 10 14:08:00 CDT 2004 -- RJA: US natural gas production continues downward trend
    US gas production during the second quarter showed a 3.8% decline compared with second quarter of last year, according to Raymond James & Associates Inc. based on a survey of 47 publicly traded US oil and natural gas exploration and production companies.
  • Wed Aug 11 08:08:00 CDT 2004 -- GlobalSantaFe rig sinks off Egypt after fire
    GlobalSantaFe Corp. reported that its GSF Adriatic IV jack up drilling rig sank in the Mediterranean Sea 25 miles off Egypt following a fire Tuesday.
  • Wed Aug 11 08:08:00 CDT 2004 -- Shell schedules Mars TLP shut down for flexjoint replacements
    Shell Exploration & Production Co., New Orleans, said it will shut down the Mars tension leg platform on Nov. 4 to replace the flexjoints on oil and natural gas export lines.
  • Thu Aug 12 15:08:00 CDT 2004 -- Fire that sank rig damages ENI-BP platform off Egypt
    The fire that sank the GSF Adriatic IV jack up drilling rig in the Mediterranean Sea Tuesday (OGJ Online, Aug. 11, 2004) also spread to the Temsah natural gas production platform at which the rig had been working, causing "considerable" damage to the platform, said an oil ministry official.
  • Fri Aug 13 14:08:00 CDT 2004 -- Various recovery processes supply CO2 for EOR projects
    Enhanced oil recovery projects that use a carbon dioxide injectant can acquire the CO2 using various processes that recover the CO2 from industrial sources.
  • Mon Aug 16 10:08:00 CDT 2004 -- Total E&P Indonesie awards Enventure tubular supply contract
    Total E & P Indonesie, through PT Dataco Citra Indonesia, has awarded a 3 year contract to Enventure Global Technology LLC, Houston, to provide solid expandable tubular systems for a development iproject in Peciko natural gas field off East Kalimantan, Indonesia.
  • Mon Aug 16 15:08:00 CDT 2004 -- Talisman brings North Tartan field in North Sea on production
    Talisman Energy (UK) Ltd., a wholly owned unit of Talisman Energy Inc., Calgary, began production of 6,000 b/d of oil from North Tartan field on Block 15/16a, 118 miles northeast of Aberdeen in the central North Sea.
  • Mon Aug 16 18:08:00 CDT 2004 -- Long Lake oil sands automation technology contract awarded
    OPTI Canada Inc. and Nexen Inc., joint venture partners in the Long Lake oil sands extraction project, 200 miles north of Edmonton, Alta., awarded Emerson Process Management, Austin, Tex., a $35 million (Can.) contract to serve as general automation contractor for the $3.4 billion (Can.) oil sands extraction project in Canada.
  • Tue Aug 17 11:08:00 CDT 2004 -- Chad/Cameroon project's production, exports up sharply in second quarter
    Crude oil production from the Chad/Cameroon Development Project exceeded 200,000 b/d at times during the April-June 2004 quarter, said operator Esso Exploration & Production Chad Inc.
  • Fri Aug 20 13:08:00 CDT 2004 -- US drilling dips for second week
    US drilling activity slipped for the second consecutive week, down by 2 to 1,230 rotary rigs working, said Baker Hughes Inc. officials Friday.
  • Tue Aug 24 16:08:00 CDT 2004 -- Kazakhstan, ABS sign MOU for classing Caspian Sea vessels
    International classification society ABS has signed a memorandum of understanding with Kazakhstan that recognizes ABS' classification and certification services for offshore oil and gas drilling rigs and vessels in the Kazakhstan sector of the Caspian Sea.
  • Fri Aug 27 07:08:00 CDT 2004 -- Fieldbus technology modernizes gas platform off Brazil
    To comply with new regulatory requirements, Petroleo Brasileiro SA modernized the process control on its Merluza offshore platform in the Santos basin, off Brazil.
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