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Drilling Production 2005 P

  • 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.
  • 03/15/2005 -- 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.
  • 03/15/2005 -- 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 -- 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.
  • 03/21/2005 -- 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.
  • 03/22/2005 -- 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.
  • 03/22/2005 -- 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.
  • 03/24/2005 -- US drilling at 19-year high
    US drilling activity hit a 19-year high this week with 1,331 rotary rigs working, Baker Hughes Inc. reported Mar. 24. That's the highest weekly total since late February 1986.
  • 03/29/2005 -- Kuwait lets major maintenance contract
    Kuwait Oil Co. has let a $125 million maintenance contract to Petrofac, an international oil services company, to deliver full maintenance services on the north and west areas of Kuwait.
  • 03/31/2005 -- Santos starts Mutineer-Exeter production
    Santos Ltd., Adelaide, has begun production from the Mutineer-Exeter oil fields off northwestern Australia.
  • 04/01/2005 -- US drilling activity dips by two rigs
    US drilling dipped by 2 rotary rigs to 1,329 active units, Baker Hughes Inc. reported Apr. 1. That compared with 1,160 units working during the same period a year ago.
  • 04/01/2005 -- CO2 pilot starts at Pembina Cardium
    Penn West Petroleum Ltd. has started an enhanced oil recovery pilot project at Pembina Cardium field near Drayton Valley, Alta.
  • 04/07/2005 -- Group eyes heavy-oil reservoir simulation
    ChevronTexaco Corp., Total SA, and Schlumberger Ltd. have formed a joint initiative to research and develop heavy oil thermal reservoir simulation technology.
  • 04/07/2005 -- Statoil to extend Huldra production life
    In a 600 million-kroner project to improve Huldra gas field recovery and extend field life by 5 years, Statoil ASA has awarded a 320 million- kroner turnkey contract to Vetco Aibel to prepare a module and platform for a compressor to be installed on the North Sea platform.
  • 04/07/2005 -- Statoil spuds Barents Sea wildcat
    Ocean Rig's Eirik Raude semisubmersible spudded a wildcat Apr. 2 for Statoil ASA on the Guovca prospect in the Barents Sea.
  • 04/11/2005 -- DSME let subcontract to KBR for topside work
    Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) let a contract to KBR to provide engineering design and procurement services for the topsides of a floating production, storage, and offloading (FPSO) vessel for ChevronTexaco's Agbami field off Nigeria.
  • 04/15/2005 -- US drilling rebounds to new high
    US drilling activity rebounded to a new 19-year high with 1,348 rotary rigs working this week, 21 more than the previous week and up from 1,150 during the same time last year.
  • 04/20/2005 -- Large US potential seen for CO2 EOR
    The latest technology for enhanced oil recovery by injection of carbon dioxide holds the potential to recover 43 billion bbl of oil "stranded" in six mature US producing regions, says a study conducted for the Department of Energy.
  • 04/21/2005 -- Contract let for Agbami field subsea trees
    ChevronTexaco Corp. affiliate Star Deep Water Petroleum Ltd. has let a $276-million contract to FMC Technologies Inc. for subsea systems for Agbami oil field, 70 miles off Nigeria in 4,200-5,400 ft of water in the central Niger Delta area.
  • 04/22/2005 -- North America rig numbers drop slightly
    Total drilling activity in North America dropped slightly but remained high the week ended Apr. 22, with 1,502 rotary rigs working, reported Baker Hughes, Houston. That represents 226 more rigs working this week than at the same time last year but 6 less than last week.

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