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Drilling Production 2004 P4

  • 02/13/2004 -- Agip unit starts up Elephant field in Libya's Murzuk basin
    ENI SPA unit Agip Oil Co. Ltd. signaled the start-up of giant Elephant field in the Murzuk basin 800 km south of Tripoli.
  • 02/13/2004 -- Extractive worlds
    The World Bank Group (WBG) this spring will decide what future direction it will take regarding "extractive" industries such as oil and gas production in developing nations.
  • 02/13/2004 -- Total US drilling dips slightly, but GOM rig contracts rise
    US drilling activity dipped this week, down by 6 units to 1,111 rotary rigs working, compared with 905 during the same period a year ago, officials at Baker Hughes Inc. reported Friday.
  • 02/13/2004 -- Statoil charters Transocean Leader for NCS drilling
    Statoil ASA has chartered the Transocean Leader semisubmersible drilling rig from Transocean Inc. for a 15 month drilling project on the Norwegian Continental Shelf (NCS).
  • 02/16/2004 -- MMS issues final notice of central gulf Lease Sale 190
    The New Orleans office of the Minerals Management Service has issued its final notice of Sale 190—to be held Mar. 17—covering the sale of oil and gas leases incorporating a total of 4,324 blocks in the Central Planning Area in the Gulf of Mexico off Louisiana, Mississippi, and Alabama.
  • 02/16/2004 -- Suncor's George: Oil sands a long-life, low-risk, low-cost resource
    Suncor Energy Inc. CEO, Pres. Rick George "A large part of the rest of this industry is chasing the world for reserves. We have a very different strategy. We have the reserves. We have no exploration risk and also have no decline curve, so we have a completely different business model from a conventional crude oil producer."
  • 02/19/2004 -- BP awards Stolt, Technip Greater Plutonio development off Angola
    BP Exploration (Angola) Ltd., operator of deepwater Galio, Cromio, Paladio, Plutonio, Cobalto, and Platina fields, collectively known as Greater Plutonio, on Block 18 off Angola, has awarded a $730 million field development contract to a consortium of Stolt Offshore SA and Technip SA de CV of France. Greater Plutonio fields are in 1,200-1,500 m of water.
  • 02/20/2004 -- Coalbed methane production ramps up in Northeast Oklahoma
    Amvest Osage Inc., a unit of private Amvest Corp., Charlottesville, Va., has increased coalbed methane production to 7.5 MMcfd from 83 wells in Osage County and is continuing CBM and conventional oil and gas development on 370,000 acres on the Osage Reservation.
  • 02/20/2004 -- High-temp., MWD, LWD tools help South Texas wells
    Acquiring wellbore and formation data in high-temperature wells is often limited by the ability of MWD and LWD technology to operate in hostile wellbore environments.
  • 02/20/2004 -- PERFECT WELL-1: Analysis used to assess, improve drilling performance
    Perfect-well analysis assesses drilling performance and offers a credible method to set performance targets and identify where savings can be found.
  • 02/20/2004 -- Mikkel field reserves, production surpass Statoil expectations
    Statoil ASA reported that reserves in Mikkel gas field in the Norwegian Sea are now put at 28 billion cu m of gas and 40 million bbl of condensate—20% higher than estimated on the original plan for development and operation.
  • 02/20/2004 -- US drilling activity increases by 3 rigs
    US drilling activity increased by 3 units to 1,114 rotary rigs working this week, up from 928 during the same period a year ago, officials at Baker Hughes Inc. reported Friday.
  • 02/20/2004 -- PDO awards Precision Drilling contract extension in Oman
    Petroleum Development Oman (PDO) has awarded a $40 million contract to Precision Drilling Corp., Calgary, extending its underbalanced drilling (UBD) technology and services contract for 4 additional years.
  • 02/23/2004 -- Aladdin to drill appraisal well at Karakilise oil field in Turkey
    Ankara-based Aladdin Middle East Ltd. (AME), operator of Karakilise oil field and the Karakilise licenses in the Diyarbakir petroleum district of southeast Turkey, plans to commence drilling the Karakilise-2 oil appraisal well in mid-March.
  • 02/24/2004 -- Expro Group lands Bourbon Opale FPSO topsides for Pemex
    Bourbon Offshore Norway AS, a unit of the French company Groupe Bourbon, has selected Expro International Group PLC to provide process topsides for the Bourbon Opale floating production, storage, and offloading vessel currently being built in Norway.
  • 02/26/2004 -- First natural gas from Mozambique delivered to South Africa
    Sasol Ltd., Johannesburg, reports the delivery of first gas Saturday from the Temane natural gas fields in Mozambique to its synfuels plant at Secunda, near Johannesburg. The gas is being delivered via the newly commissioned, 865 km pipeline between the two countries.
  • 02/27/2004 -- LISBON GAS PLANT-Conclusion: Acid-gas injection design requires numerous considerations
    The design of an acid-gas injection system requires numerous design considerations, as shown in this second of a two-part series on the Lisbon gas plant, Moab, Utah.
  • 02/27/2004 -- US drilling activity hits 28-month high
    US drilling activity increased by 20 rotary rigs to 1,134 working this week, the highest weekly rig count since early October 2001, officials at Baker Hughes Inc. reported Friday.
  • 03/02/2004 -- Raymond James analyst: "Higher pipe prices will not kill drilling activity"
    Rising steel costs are reaching the exploration and production industry through higher Oil Country Tubular Good costs (OCTG), but natural gas prices have increased enough to offset the higher costs.
  • 03/03/2004 -- CAPCO tests potential CBM play in North Texas
    Capco Energy Inc., Orange, Calif., said Wednesday it has completed a well drilled to test the coal bed methane (CBM) potential of a 4,131 acre lease in North Texas. Testing will continue for 60 days on the well, which encountered 8 ft of coal at 1100 ft.

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Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast and Review special report.

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