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Drilling Production 2004 P

  • 11/08/2004 -- Devon CEO: 'High crude prices are here to stay'
    Devon Energy Corp. Chairman and CEOJ. Larry Nichols "We will have sustained high [crude] prices with an occasional spike down when all those troubled areas are peaceful. It won't last very long because not all of those areas are likely to remain peaceful for very long."
  • 11/08/2004 -- Rig rates, drilling activity, spending increasing worldwide
    Third-quarter results show a strong drilling market in the US and abroad, as rollover day rates increase and capital budgets are padded.
  • 11/05/2004 -- US drilling jumps to new plateau
    US drilling activity increased by 17 rotary rigs to 1,268 working, the highest level since July 27, 2001, when there were 1,275 rigs drilling, Baker Hughes Inc. reported Friday. That's up from 1,114 active rigs a year ago.
  • 11/03/2004 -- Indonesia awards 12 oil, gas blocks
    The newly elected Indonesian government has awarded 12 onshore and offshore oil and gas blocks and will award 10 more next month, reported OPEC News Agency.
  • 11/03/2004 -- Howe field goes on stream in UK North Sea
    Howe field in the UK North Sea has gone on stream at a rate of 13,000 boe/d, said OMV UK Ltd., a project partner. Most of the production is oil with natural gas accounting for 15%.
  • 11/02/2004 -- US market for well-stimulation materials to reach $1.4 billion by 2008
    The market for US oil and natural gas well stimulation materials is expected to grow 7.7% through 2008 and reach $1.4 billion/year, according to a study by Freedonia Group Inc., Cleveland, Ohio.
  • 11/01/2004 -- Shell E&P delays pipeline repair on Mars TLP
    Shell Exploration & Production Co., New Orleans, postponed until late first quarter 2005 the replacement of flexjoints on its Mars platform export pipelines to avoid Gulf of Mexico production constraints beyond those caused by damage from Hurricane Ivan.
  • 10/29/2004 -- US rig count adds unit
    US drilling activity ticked up by 1 unit to 1,251 rotary rigs working this week, Baker Hughes Inc. reported Friday. That's up from 1,107 a year ago at this time.
  • 10/29/2004 -- Analysis Behind Casing deployed in Norsk Hydro's Oseberg field
    The ability to log wells from behind casing lets operators assess bypassed zones, analyze time effects on producing intervals, and optimize well costs when conditions are not suitable for open hole logging.
  • 10/28/2004 -- Algerian ROD integrated development production begins
    Production of 18,000 b/d of oil began Sunday from ROD oil field and six satellites in the Sahara Desert's Berkine basin in eastern Algeria (OGJ Online, Oct. 24, 2001).
  • 10/26/2004 -- Vessel repairs delay Troll A North Sea compression addition
    Statoil ASA said repairs to the MSV Regalia multipurpose service vessel will slightly delay its project to increase compressor capacity on the Troll A natural gas platform and add 10-15 million kroner to the project's cost.
  • 10/26/2004 -- Drillers, operators share outlooks at IADC annual meeting
    Topics include managed-pressure drilling, deepwater and deep-gas drilling, and the annual rig census.
  • 10/25/2004 -- Maintenance, repairs reduce Athabasca bitumen production
    Shell Canada Ltd., Calgary, reported that an October reduction of bitumen output from the Athabasca Oil Sands Project in Alberta will extend into November.
  • 10/22/2004 -- US rig count at highest level in more than 3 years.
    US drilling activity was up by 25 units to 1,250 rotary rigs working this week, the largest count since the week ended Sept. 3, 2001, when 1,252 rigs were making hole, said officials Friday at Baker Hughes Inc.
  • 10/21/2004 -- BlackRock approved for Hilda Lake thermal SAGD project
    BlackRock Ventures Inc., Calgary, has received environmental and Alberta Energy and Utilities Board approvals to develop the company's 20,000 b/d Orion steam-assisted gravity drainage (SAGD) property as a commercial oil sands project at Hilda Lake in Alberta.
  • 10/20/2004 -- Goldeneye field starts up off Scotland
    Shell UK Ltd., on behalf of coventurers Esso Exploration & Production UK Ltd, Paladin Resources PLC, and Centrica Energy PLC, reported the start of production from Goldeneye gas-condensate field in the Outer Moray Firth, 100 km north of St. Fergus, Scotland.
  • 10/20/2004 -- ChevronTexaco Tahiti well test exceeds expectations
    ChevronTexaco reported that a test of its Tahiti discovery well, Green Canyon 640 No. 1 in the Gulf of Mexico, indicates that production could be as much as much as 30,000 b/d of oil, exceeding pretest estimates of 25,000 b/d.
  • 10/19/2004 -- Growth seen for oil field spending in 2004
    On the strength of robust oil and natural gas prices, 2004 will be a record year for spending on oil field equipment and services, according to Spears and Associates Inc., a Tulsa market research company.
  • 10/15/2004 -- US drilling registers slight decline
    US drilling activity dipped slightly this week, down by 5 units with 1,225 rotary rigs working this week, compared with 1,115 during the same period last year, said Baker Hughes Inc.
  • 10/13/2004 -- Alpha North production begins in North Sea
    Production began Oct. 11 from the Alpha North gas and condensate structure on Statoil ASA's Sleipner West field in the North Sea, 18 km northwest of the Sleipner platforms.
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