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Drilling Production 2004 P

  • 04/02/2004 -- US drilling push continues as Canada idles rigs
    Exploration companies in the US put 10 more rigs to work this week—9 on land and 1 offshore—compared with last week. The 1,160 rigs drilling are up from 972 in the same period last year. The majority (1,000) are drilling gas wells. Meanwhile, Canada idled 126 rigs.
  • 03/29/2004 -- Orifice meters provide acceptable wet-gas measurements
    Wet-gas metering at wellsites saves capital and operating costs while providing acceptable accuracy unless liquid sugging occurs.
  • 03/26/2004 -- US drilling hits 30-month high.
    US drilling activity increased by 22 rotary rigs to 1,150 this week, the biggest number since mid-September 2001, Baker Hughes Inc. reported Friday. That's up from 962 in the same period last year.
  • 03/22/2004 -- Woodside approves Enfield development
    Woodside Energy Ltd.Friday decided to invest $1.48 billion (Aust.) in Enfield oil field development off Western Australia. Enfield is on permit WA-271-P, 40 km northwest of Western Australia's North West Cape. Enfield has reserves of more than 125 million bbl of oil, and operator Woodside holds 100% of the permit.
  • 03/22/2004 -- Offshore sector's total oil, gas production has risen 'steadily' over past decade, study says
    Total estimates of worldwide offshore oil and natural gas production have risen "steadily" over the last 10 years.
  • 03/19/2004 -- GOM offshore rig demand hits 59-month low
    Demand for mobile offshore rigs in the Gulf of Mexico hit a 59-month low this week, as the number of contracted units dropped by 4 to 109 out of a fleet of 163, said officials Friday at ODS-Petrodata Consulting & Research, Houston.
  • 03/17/2004 -- BP extends Halliburton's contract for underbalanced drilling in Sharjah
    BP Amoco Sharjah has awarded a 2 year extension to Halliburton's Energy Services Group to continue underbalanced drilling services in BP's Sajaa field in Sharjah, UAE. Halliburton is facilitating the underbalanced portion with its four-phase separation system. BP recently applied underbalanced drilling in the completion of its tenth well in the field.
  • 03/17/2004 -- Analyst: Potential Caspian oil production cannot free US from OPEC by 2008
    Caspian Sea region oil reserves will not free the US from its dependence on the Organization of Petroleum Exporting Countries by 2008, said Wayne Andrews, analyst with Raymond James & Associates Inc.
  • 03/17/2004 -- Unocal's Gehem field appraisal well tests successful in Kutei basin off Indonesia
    Unocal Corp., El Segundo, Calif., reported that its Unocal Ganal Ltd. subsidiary has drilled a successful appraisal well in Gehem field on the Ganal production-sharing contract (PSC) area off East Kalimantan, Indonesia.
  • 03/16/2004 -- Sakhalin II partners let major contracts for pipelines, platforms
    Earlier this year, Russian authorities approved development of the Sakhalin II, Phase 2 crude oil and natural gas development project in the Sakhalin Island region of Russia's Far East just north of Hokkaido, Japan. Contractors are mobilizing for construction on the immense 4 year project, which will cost more than $2.5 billion just on the 2004 work program alone.
  • 03/15/2004 -- Brenda appraised as important North Sea accumulation
    Oilexco Inc., London, said a second appraisal well has defined the Brenda oil find in the UK Central North Sea to be a "stratigraphic trap of significant proportion."
  • 03/15/2004 -- Is OPEC miscalculating on demand?
    Has the Organization of Petroleum Exporting Countries miscalculated? Some OPEC ministers have been hinting as much recently, suggesting that the group may have undershot estimates of the call on its crude.
  • 03/12/2004 -- US drilling activity rebounds to 1,134 working rigs
    US drilling operations rebounded this week, up by 5 rotary rigs to 1,134 working, compared with 927 a year ago, officials at Baker Hughes Inc. reported Friday.
  • 03/12/2004 -- Transocean Arctic to drill Norne, Svale, and Stær fields
    Statoil ASA, on behalf of its partners on Production License 128 in the Norwegian Sea, has given a letter of intent to drilling contractor Transocean Inc. to charter its Transocean Arctic drilling rig for work in Norne field and two of its satellites. The contract is valued at 700 million kroner.
  • 03/12/2004 -- Management plan reduces heavy-oil waste costs
    A waste-management plan reduced the cost for handling drilling and production wastes for the Hamaca heavy-oil project in the Orinoco belt of Venezuela.
  • 03/11/2004 -- Petrobras unit awards contract for P-52 compression modules
    Petrobras Netherlands BV has awarded GE Energy a contract for the supply of two compression modules for its new P-52 semisubmersible platform to be placed in Roncador field of the Campos basin, off Rio de Janeiro state, Brazil.
  • 03/10/2004 -- New Mexico offers DOI alternate Otero Mesa drilling plan
    New Mexico Gov. Bill Richardson Monday urged US officials to consider a less-aggressive oil and gas drilling plan that shields more federal grassland from development in the Otero Mesa region.
  • 03/10/2004 -- Total, partners start up Skirne field production in North Sea
    Total SA has begun production from Skirne natural gas and condensate field on Block 25/5 (PL 102) in the Norwegian sector of the North Sea, about 140 km northwest of Stavanger.
  • 03/09/2004 -- Cairn bags another, smaller discovery in Rajasthan
    Cairn Energy PLC, London, said its N-A-1 exploration well in southwestern Rajasthan, India, is an oil discovery with preliminary recoverable volumes estimated at 20-80 million bbl.
  • 03/08/2004 -- US drilling activity dips from 28-month high
    US drilling activity dipped slightly last week, down by 5 rotary rigs to 1,129 still working, officials reported Friday at Baker Hughes Inc.

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