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Drilling Production 2005 P10

  • 03/22/2005 -- Unocal starts Moulavi Bazar gas flow
    Unocal Bangladesh Blocks 13 and 14 Ltd., operator, and Unocal Bangladesh Ltd. have begun production of 70 MMcfd of natural gas from two well completions in Moulavi Bazar gas field in Bangladesh.
  • 03/22/2005 -- Job Corps program trains roustabouts
    An industry-government training program for entry-level oil-field workers will graduate its first class soon in Carville, La.
  • 03/21/2005 -- US rig activity soars as Canada's slows
    Drilling activity in the US jumped by 38 rotary rigs to 1,320 working the week ended Mar. 18, Baker Hughes Inc. reported, while the number of rigs working in Canada plummeted by 112 to 329. Total North America rigs working—drilling gas wells primarily—are nevertheless up 70 over last year's 1,579.
  • 03/15/2005 -- Suncor plans third oil sands upgrader
    Suncor Energy Inc., Calgary, applied to Alberta regulators Mar. 14 for authorization to construct and operate a third oil sands upgrader that would double production capacity at its Fort McMurray, Alta., oil sands facility to more than half a million b/d of light oil.
  • 03/15/2005 -- Thailand to ease concession terms
    Thailand wants to make its participation terms more attractive to international producers and might cut royalty and income taxes in a bid to promote oil and gas production from marginal wells.
  • 03/15/2005 -- MMS issues final gas valuation rule
    The US Minerals Management Services issued a final rule outlining changes to the 1988 Federal Gas Valuation Rule, used to determine royalty on production from federal leases.
  • 03/14/2005 -- Cakerawala field starts gas flow
    Commercial natural gas production started this month from Cakerawala field, the first field in the Malaysia-Thailand Joint Development Area (JDA) in the South China Sea.
  • 03/10/2005 -- Inert gas injection set in Athabasca oil sands
    Paramount Resources Ltd., Calgary, is evaluating a technology fix to replace pressure dissipated when gas associated with potentially recoverable bitumen is produced from the Athabasca oil sands of northeastern Alberta.
  • 03/04/2005 -- Land activity leads drilling rebound
    US drilling activity rebounded up by 9 units from the previous week to 1,290 rotary rigs working this week, Baker Hughes Inc. reported Mar. 4.
  • 03/02/2005 -- Sanha condensate flow starts off Angola
    ChevronTexaco Corp.'s Angolan subsidiary Cabinda Gulf Oil Co. Ltd. has started condensate production from Sanha field on the Block 0 concession off Malongo, Cabinda province, Angola.
  • 03/01/2005 -- PTTEP develops Shams, sells gas to Oman
    Thailand's state-owned PTT Exploration & Production PLC (PTTEP) plans to invest $50 million this year to further develop Shams field on Block 44 in Oman, including the drilling of two more development wells.
  • 03/01/2005 -- GlobalSantaFe gets semi, awaits another
    GlobalSantaFe Corp. has taken delivery of the new Development Driller II ultradeepwater semisubmersible rig in Singapore. The rig will begin sea trials in the Gulf of Mexico in late May and will start a 3-year contract with BP PLC for the Atlantis project in July.
  • 03/01/2005 -- P-48 begins production in Campos basin
    State-run Petróleo Brasileiro SA (Petrobras) began production Feb. 28 from its P-48 platform in deepwater Caratinga field in the Campos basin off Rio de Janeiro state, Brazil.
  • 03/01/2005 -- Townsville gets Queensland coal gas
    A 50-50 combine of CH4 Gas Ltd., Brisbane, and BHP Billiton Ltd.'s coal unit began contract deliveries of gas last month from the $61 million Moranbah project in central coastal Queensland to Townsville 965 km northwest of Brisbane.
  • 02/25/2005 -- US drilling dips but remains seasonally strong
    US drilling activity dipped slightly, down by 14 rotary rigs to 1,281 units working, Baker Hughes Inc. reported. That's up from 1,134 a year ago and still in the highest range for February since 1986.
  • 02/22/2005 -- Ecuador generator to buy more Peru offshore gas
    BPZ Energy Inc., Houston, signed a third agreement to sell gas produced from fields off Peru to electricity generating concerns in Ecuador and Peru.
  • 02/18/2005 -- US rig count near 19-year high
    US drilling activity continued to climb, up by 15 units to 1,295 rotary rigs at work, Baker Hughes Inc. reported Feb. 18. That's up from 1,114 during the same period a year ago and the highest weekly rig count since late February 1986 when the count was at 1,308 and falling.
  • 02/17/2005 -- Mutineer-Exeter reserves revised, production sped
    Santos Ltd., Adelaide, has revised downward the Mutineer-Exeter oil fields' proved and probable reserves to 61 million bbl vs. the 101 million bbl previously reported.
  • 02/11/2005 -- BA Energy awards tar sands upgrader contract
    BA Energy Inc. awarded a contract to a Canadian subsidiary of Jacobs Engineering Group Inc., Pasadena, Calif., to perform front-end and detail engineering, procurement, and construction management services for Phase I of its grassroots Heartland Upgrader Project in Fort Saskatchewan, Alta.
  • 02/11/2005 -- US drilling continues at high levels
    US drilling activity jumped by 32 units to 1,280 rotary rigs working, Baker Hughes Inc. reported Feb. 11. That's up from 1,111 rigs drilling during the same period a year ago.
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