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Drilling Production 2004 P3

  • 01/23/2004 -- Cairn Energy to test sizable oil find in Rajasthan, India
    Cairn Energy PLC, Edinburgh, reported that a significant oil discovery has followed a long string of tantalizing smaller successes in the Rajasthan basin in northwestern India.
  • 01/23/2004 -- US drilling activity falls by 40 rigs
    US drilling activity plummeted this week, down by 40 units from last week's 27-month high, with 1,087 rotary rigs still working, officials at Baker Hughes Inc. reported Friday.
  • 01/28/2004 -- Raymond James: Russian oil output still growing, but its growth rate expected to slow
    Russian oil production is expected to grow for the foreseeable future, but the average 9%/year growth rates observed during 2000-03 are unsustainable, an analyst said.
  • 01/29/2004 -- Woodside, Esso contract Smedvig drilling rigs for West Africa, Malaysia
    Australia's Woodside Petroleum Ltd. has awarded Stavanger-based Smedvig ASA a new $80 million contract for continued use of its West Navigator deepwater drillship off West Africa, and Esso Production Malaysia Inc. has extended the working contract for Smedvig's T-2 self-erecting tender rig in Malaysia.
  • 01/29/2004 -- Far East Energy begins drilling program in China
    Far East Energy Corp., Houston, has drilling operations under way on its second gas well (FCY-EH02) on the Enhong-Laochang coalbed methane block in the Yunnan Province of southern China. A third test well (FCY-EH03) is scheduled for February, with completion of all three expected by early spring. Far East Energy will spend $1.1 million to drill the three wells and conduct desorption tests.
  • 01/30/2004 -- Offshore drilling down, utilization at 10-month low
    US drilling activity dipped by 3 units with 1,084 rotary rigs working this week, up from 873 during the same period in 2003, officials at Baker Hughes Inc. reported Friday.
  • 01/30/2004 -- Japan undertakes ambitious hydrate drilling program
    Japan will drill 16 shallow exploratory wells in deep waters off its coast, from Mie to Shizuoka prefectures, to determine the expanse and density of methane hydrate deposits.
  • 02/02/2004 -- Partners tap West Navigator drillship for Norwegian Sea program
    Statoil ASA and Norsk Hydro ASA have awarded a $13 million contract to Stavanger-based Smedvig ASA for deepwater drillship West Navigator to drill two wells on production licenses 128 and 159 in the Norne area in the Norwegian Sea.
  • 02/03/2004 -- Glitne production life span doubled
    Statoil ASA reports that Glitne field in the North Sea now is thought to have more than 50 million bbl of crude oil—double the company's original estimate—and the field is expected to produce until 2007 from six wells instead of the three originally planned.
  • 02/05/2004 -- Total's Gulf of Mexico platform salvage completed
    A 38-year-old production platform operated by a unit of Total SA that sank of the Gulf of Mexico in September 2002 has been removed. Hurricane Lili, a Category 4 hurricane packing 140 mph winds, toppled the structure in 180 ft of water as it was undergoing decommissioning and removal from Eugene Island 275A some 70 miles off Louisiana (OGJ Online, Oct. 22, 2002).
  • 02/06/2004 -- Operators announce 2004 budgets, drilling plans
    Operators plan to increase drilling budgets around the world in 2004, with the greatest increases expected at state-owned companies.
  • 02/06/2004 -- Shell Canada bags conditioned approval for Jackpine oil sands mine
    Shell Canada Ltd. inched a little closer to its goal of producing 500,000 b/d from its Athabasca oil sands leases in northern Alberta when the joint review panel established by the Alberta Energy and Utilities Board and the Government of Canada gave it environmental approval for Phase 1 of its Jackpine mine project.
  • 02/06/2004 -- US drilling activity rebounds to 1,117 rotary rigs working
    US drilling activity rebounded with 1,117 rotary rigs working this week, up by 33 from the previous week and surpassing 884 during the same period a year ago, said officials Friday at Baker Hughes Inc.
  • 02/09/2004 -- Canadian oil sands development plan could double production by 2030
    An ambitious plan for the expansion of oil sands development in Alberta could result in the twofold increase in production to 5 million b/d, which could help meet about 16% of North American crude oil demand by 2030, according to a report released last month by the Alberta Chamber of Resources.
  • 02/10/2004 -- Taking really long view of oil, gas markets
    A petroleum economist's new book challenges conventional thinking on declining market share for hydrocarbons this century.
  • 02/10/2004 -- BP, approved to develop Greater Plutonio fields off Angola, awards contracts
    BP PLC unit BP Exploration (Angola) Ltd. has awarded two major contracts for development of six fields in Block 18 off Angola.
  • 02/10/2004 -- Ernst & Young: UK needs to review tax laws on North Sea decommissionings
    High costs associated with the decommissioning of oil and natural gas platforms could threaten future asset deals in the North Sea, an Ernst & Young LLP oil and gas taxation partner said.
  • 02/11/2004 -- CERA: Former Iraqi oil minister calls for Iraq production cap
    Rather than trying to match or surpass its prewar oil production level of 2.8 million b/d, Iraq should "cap [oil] production at a maximum 2 million b/d, export no more than 1.5 million b/d, and start immediately on subsurface [work]" to assess and repair damaged reservoirs in its oil fields, said Issam Al-Chalabi, a former oil minister.
  • 02/12/2004 -- New rotating magnet ranging systems useful in oil sands, CBM developments
    Rotating magnetic equipment is one of the latest technologies used in development drilling for coalbed methane and oil sands.
  • 02/12/2004 -- New downhole technologies tackle multifaceted environments
    New downhole technologies allow companies to optimize the production of petroleum resources from wells with more-complex geometries and producing horizons.

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