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Drilling Production 2004 P9

  • 07/09/2004 -- Options approach aids development decision for Colombian field
    An options evaluation approach aided Empresa Colombiana de Petroleos (Ecopetrol), Colombia's state-owned oil company, in making a decision on whether to participate in developing the newly discovered Guando field.
  • 07/12/2004 -- OPEC limited in ability to stabilize oil markets
    What if the Organization of Petroleum Exporting Countries boosted oil production quotas for the second time in as many months, and the market just shrugged? That is likely to be the case when OPEC ministers meet July 21 in Vienna. The second stage of a two-phase quota increase is scheduled to be implemented effective Aug. 1.
  • 07/12/2004 -- Shell starts gas production from deepwater Coulomb development in Gulf of Mexico
    Shell Exploration & Production Co. June 23 began producing natural gas from its Coulomb development on Mississippi Canyon blocks 657 and 613 in the deepwater Gulf of Mexico.
  • 07/12/2004 -- Taxing summer
    A pending corporate tax bill may be as good as it gets this year for industry lobbyists still looking for energy legislation to come from a sharply divided Congress.
  • 07/12/2004 -- Falcon Romania tests Bilca-1 discovery in Romania
    Falcon Romania, operator for a joint venture group that includes Romanian state gas company Societatea Nationala Gaze Naturale Romgaz SA, confirmed on July 1 that the Bilca-1 exploration well on the Brodina block in northern Romania flowed on test 6.3 MMscfd of natural gas from a Miocene sand, reported UK partner Europa Oil & Gas Ltd., Newark-on-Trent.
  • 07/12/2004 -- Unocal midstream unit puts Keystone gas storage facility into operation
    Unocal Midstream & Trade, a business unit of Unocal Corp., reported that it has placed a third natural gas storage cavern into service at its Keystone gas storage facility in the Permian basin nearby Waha Hub in West Texas.
  • 07/12/2004 -- Derek, Ivanhoe complete Phase 1 of LAK Ranch, Wyo., EOR project
    Ivanhoe Energy (USA) Inc. and Derek Oil & Gas Corp. in late May completed Phase 1 of a steam injection test at LAK Ranch enhanced oil recovery project in Wyoming. A 3D seismic survey and additional steam flooding is now planned.
  • 07/13/2004 -- US land rig count surging
    The US land drilling rig count is moving higher, the land rig market is tightening, and market fundamentals indicate that day rates will improve later this year going into next year, said Raymond James & Associates Inc.
  • 07/15/2004 -- Workshop spotlights developments in tender-assisted, deepwater drilling
    New technologies that allow operators to step out into deeper water and to drill deeper from shallow water were the focus of a workshop held recently in Galveston, Tex.
  • 07/16/2004 -- US rig count continues to inch up
    US drilling activity continued to climb, up by 4 rotary rigs to 1,211 working this week, compared with 1,089 in the same period last year, Baker Hughes Inc. reported Friday.
  • 07/19/2004 -- Gulf of Mexico deepwater Red Hawk field starts production
    The first of two subsea wells has gone on stream in deepwater Red Hawk natural gas-condensate field in 5,300 ft of water 180 miles south of Intracoastal City, La..
  • 07/20/2004 -- CAPP projects Canadian crude oil growth of 1 million b/d by 2015
    Total Canadian crude oil production, led by output from Alberta's 175 billion bbl oil sands, is projected to increase to 3.6 million b/d by 2015 from the current 2.6 million b/d, forecasts the Canadian Association of Petroleum Producers (CAPP) in its 2004 Canadian Crude Oil Production and Supply Forecast.
  • 07/23/2004 -- Husky proceeds with Tucker oil sands project
    Calgary-based Husky Energy Inc. said it is proceeding with its Tucker oil sands project after receiving approval from the Alberta Energy and Utilities Board.
  • 07/23/2004 -- Government develops innovative, interactive drilling waste MIS
    Drilling waste management practices vary throughout the world and are subject to all applicable legal requirements imposed by regulatory agencies.
  • 07/26/2004 -- CNOOC's QK 18-2 oilfield in production
    CNOOC Ltd. reported that its 100% owned Qikou (QK) 18-2, oil field in western Bohai Bay has come on stream, successfully producing more than 2,800 b/d of oil from five wells through a production platform and subsea pipeline.
  • 07/27/2004 -- Hull for Kristin platform makes way to Norway
    The hull of Statoil ASA's Kristin platform is due to arrive Tuesday at the Aker Stord yard, just south of Bergen, after being hauled from South Korea.
  • 07/27/2004 -- Camisea consortium prepares for production, continues testing
    Peru's Camisea consortium is preparing to inaugurate its 250 MMcfd natural gas complex in early August as it continues testing operations for the official event.
  • 07/30/2004 -- Deepwater production off Brazil continues steady increase
    Oil and gas production from new fields and facilities in the deepwater off Brazil continues to increase.
  • 07/30/2004 -- Canadian drilling continues rebound, adding 43 rigs this week; US up by 13
    The number of rotary rigs drilling in Canada this week rose by 43 to 423, continuing the rebound begun the week ended July 23. The figure represents 7 more rigs than were working at the same time last year reported Baker Hughes Friday.
  • 07/30/2004 -- Agip KCO awards Kazakh drilling facility contract
    Agip Kazakhstan North Caspian Operating Co. (Agip KCO) has awarded a letter of intent to National-Oilwell Inc., Houston, for the design and construction of a complete drilling facility for Agip KCO's "D" Island project in Kashagan field in Kazakhstan.

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