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Drilling Production 2006 P

  • 07/26/2006 -- API: US drilling reaches 20-year high
    High crude oil prices pushed US drilling activity to its highest level in 2 decades during the first half of 2006, the American Petroleum Institute reported on July 26.
  • 07/28/2006 -- Petrobras, Venezuelan oil firms sign JV deal
    Two Venezuelan oil companies have signed contracts with Brazil's state-owned Petroleo Brasileiro SA (Petrobras) to jointly exploit oil deposits in La Concepcion oil field in Venezuela.
  • 07/28/2006 -- WoodMac: UK exploration, appraisal drilling to decline in 2006
    Exploration and appraisal drilling in the UK will decline by 28% from an 8-year high of 87 wells in 2005 to 63 wells in 2006, according to Wood Mackenzie Ltd. in a report, UKCS—2006 Exploration Review & Outlook.
  • 07/28/2006 -- US, Canada rig activity reaches new high
    US drilling activity continued to soar the week ended July 28, with a new record of 1,714 rotary rigs working for the year—an increase of 31 from the previous week, reports Baker Hughes Inc., Houston.
  • 07/31/2006 -- Shell to lift in situ oil sands production
    Shell Canada Ltd. has updated its overall portfolio of in situ oil sands, following completion of the BlackRock Ventures acquisition (OGJ, July 3, 2006, Newsletter).
  • 08/02/2006 -- Sherritt looks toward EOR in Cuban fields
    Sherritt International Corp., Toronto, is evaluating the commercial potential of various enhanced oil recovery technologies for its fields on the North Cuba fold belt.
  • 08/03/2006 -- Ivory Coast West Espoir oil well comes on stream
    The first of five West Espoir oil wells off Ivory Coast was bought on stream on July 26, said Tullow Oil PLC, which has a 21.33% interest in the project. Canadian Natural Resources Ltd., Calgary, is the operator.
  • 08/04/2006 -- East Azeri deck installed in Caspian Sea
    The East Azeri platform deck in the Azeri-Chirag-Gunashli (ACG) field in the Azerbaijani sector of the Caspian Sea was lowered into position July 28, reported Statoil ASA, which holds an 8.56% interest in the BP PLC-operated field.
  • 08/04/2006 -- US rig count slips from 20-year high
    US drilling activity slumped to 1,705 rotary rigs the week ended Aug. 4, down by 9 units from the previous week, which had the highest rig count so far this year, said Baker Hughes Inc.
  • 08/07/2006 -- Japan looking into China's Chunxiao gas field production
    Japan's Vice-Minister for Economy, Trade, and Industry Takao Kitabata said Aug. 7 that his country will undertake a new inquiry into information that China has begun full-fledged production at Chunxiao natural gas field in the East China Sea.
  • 08/08/2006 -- WW Energy to lift gas flow in Montana areas
    WW Energy Inc., a Farmington, NM, holding company, expects to raise production to 3.5 MMcfd of gas within 30 days from 450,000 leasehold acres it plans to acquire in three areas of northern Montana.
  • 08/08/2006 -- China disputes full production from gas field
    China has not yet started full production from the disputed Chunxiao gas field in the East China Sea, according to a senior Japanese government official (OGJ Online, Aug. 7, 2006).
  • 08/08/2006 -- Petrobras to double spending, leases six rigs
    Brazil's state-owned oil company Petroleo Brasileiro SA (Petrobras ) expects to double exploration expenditures over the next 5 years compared with the past 5 years, said Petrobras Pres. José Sérgio Gabrielli. Exploration expenditures, he said, will increase to $7-8 billion/year through 2011, up from an average of $2.5-3 billion/year during the past 5 years, and he added that the focus of expenditures will be on Brazilian companies.
  • 08/09/2006 -- Flow restarted from deep Louisiana well
    Sonoran Energy Inc., Phoenix, has restarted production from a deep, high-pressure, high-temperature well in the second phase of a Central Louisiana workover program.
  • 08/10/2006 -- Goosander oil field starts flow off UK
    Production has begun from Goosander oil field on Block 21/12 in the Greater Kittiwake Area of the UK North Sea.
  • 08/11/2006 -- Eni starts production from Allegheny South oil field
    Italy's Eni SPA started oil production from Allegheny South field on Green Canyon Block 298 in the deepwater Gulf of Mexico. The filed lies 260 km south of New Orleans.
  • 08/11/2006 -- Statoil drills Tornerose prospect appraisal well
    Statoil ASA has begun drilling an appraisal well on the Tornerose prospect in the Barents Sea.
  • 08/14/2006 -- BP to maintain half Prudhoe Bay field production
    BP PLC said it will continue production from the Prudhoe Bay Western Operating Area (WOA), following review of WOA pipeline inspection data and after extensive consultations with state and federal regulators.
  • 08/14/2006 -- Myanmar steps up gas production from Yetagun field
    Myanmar has agreed to step up natural gas production from Yetagun field to increase supplies to neighboring Thailand, according to an official from the Ministry of Energy.
  • 08/15/2006 -- Aramco orders 16 deck modules for offshore fields
    Saudi Aramco awarded a contract to subsidiaries of J. Ray McDermott SA to build and install 16 production deck modules (PDMs) for oil and gas fields off Saudi Arabia. Financial terms were not disclosed.

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