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Drilling Production 2005 P8

  • 06/21/2005 -- ESAI sees limited US gas production growth
    US gas production will have limited growth for 10 years because any new output only will offset declines from aging fields, said a recent report from Energy Security Analysis Inc., Boston.
  • 06/21/2005 -- Statoil resumes oil flow from Lufeng field
    Statoil ASA resumed production from Lufeng oil field off China in the South China Sea.
  • 06/20/2005 -- Suspension off Venezuela slows unitization
    -- The decision by Statoil ASA to suspend drilling on Block 4 off Venezuela will slow moves to unitize the block with BP Trinidad & Tobago LLC-Repsol YPF SA Block 5B, according to Shelagh de Osuna, ambassador and the head of Trinidad and Tobago's negotiating team.
  • 06/16/2005 -- Empire signs agreement for Rough Range oil
    Empire Oil & Gas NL, Perth, signed a 5-year crude supply agreement with BP PLC's Kwinana, Western Australia, refinery for oil due on stream from historic Rough Range oil field.
  • 06/15/2005 -- FMC, Petro-Canada sign subsea systems deal
    FMC Technologies Inc. has signed an agreement with Petro-Canada for a subsea systems frame for developments off the East Coast of Canada.
  • 06/14/2005 -- Shell lets 'smart' well contract off Brunei
    Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), a joint venture of the Brunei government and Royal Dutch/Shell, has awarded a 5-year contract to WellDynamics, The Woodlands, Tex., to provide intelligent well completions for the Champion West Phase III oil and gas development off Brunei.
  • 06/10/2005 -- Pearl brings wells on stream off Thailand
    Pearl Energy Ltd., Singapore, has brought on stream three wells in Jasmine oil field on Gulf of Thailand Block B 5/27.
  • 06/10/2005 -- US drilling declines from latest high
    US drilling activity dipped this week, falling away from the highest level so far this year by 14 units with 1,339 rotary rigs still working, Baker Hughes Inc. reported June 10.
  • 06/09/2005 -- Gulfsands gains 100% of Iraq gas project
    Gulfsands Petroleum PLC, Houston, has acquired the remaining 15% interest in the Misan natural gas utilization project in southern Iraq from private Russian firm Ronexim.
  • 06/08/2005 -- Rowan seeks new contract for Gorilla VII
    Rowan Cos. Inc. is offering the Gorilla VII jack up for work after receiving notification that Tuscan Energy (Scotland) Ltd., operator of the Ardmore oil field development in the UK North Sea, is insolvent.
  • 06/07/2005 -- Statoil stops drilling well off Venezuela
    Statoil has suspended drilling of the Ballena 1-X well on Block 4 in the Plataforma Deltana area off Venezuela for safety reasons.
  • 06/03/2005 -- Stratic's Akkaya-1 tests gas off Turkey
    Stratic Energy Corp., Toreador Resources Corp., and Turkish Petroleum Corp. (TPAO) tested natural gas in the Akkaya-1 delineation well in shallow waters of the western Black Sea 5 miles off Turkey.
  • 06/03/2005 -- US drilling hits new high for the year
    US drilling activity increased this week to the highest level this year with 1,353 rotary rigs working, up by 22 from the previous week and from 1,168 in the same period last year, said Baker Hughes Inc.
  • 05/27/2005 -- US drilling at 5-week high
    US drilling activity increased to the highest level in five weeks, up by 16 units with 1,331 rotary rigs at work, said Baker Hughes Inc.
  • 05/24/2005 -- KOC lets contract for oil field upgrades
    South Korea's SK Engineering & Construction Co. have signed a $1.2 billion contract with Kuwait Oil Co. to upgrade production sites boost Kuwait's oil output capacity.
  • 05/23/2005 -- Uzbekistan oil, condensate output down
    Uzbekistan's state-run Uzneftegaz has reduced production of oil, including gas condensate, by 16.7% to 1.948 million tonnes and natural gas by 1.2% to 20.219 billion cu m in the first quarter of 2005 compared with the same period of 2004.
  • 05/23/2005 -- Total lets subsea systems contract for Akpo
    Total SA has let a $340 million contract to the Cameron division of Cooper Cameron Corp. for subsea production systems for Akpo, Total's 44-well development project off Nigeria.
  • 05/20/2005 -- Rig counts increase in US and Canada
    The Baker Hughes Inc. US rig count for the week of May 20 increased by 7 from the prior week to 1,315. It was up 143 from the same week a year earlier.
  • 05/17/2005 -- Australia, Timor Leste reach agreement
    Australia and Timor Leste (East Timor) have reached an accord over petroleum production sharing in the controversial Timor Sea boundary demarcation issue between the two countries.
  • 05/11/2005 -- Lukoil starts gas flow at Nakhodkinskoye field
    OAO Lukoil started gas production from Nakhodkinskoye field in northern Tyumen's Yamal-Nenets Autonomous District.

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