-- Serica hires jack up for off North Sumatra Serica Energy PLC, Calgary, has acquired use of the Seadrill 5 jack up drilling rig for four wells off North Sumatra, Indonesia, from PT Lins Petrotama Energi for a drilling program expected to start in first quarter 2007.
-- Road-boring rig to aim at viscous Texas oil A West Texas operator will use a modified road-boring rig to drill two multilateral horizontal pilot wells to access shallow viscous oil in Wardlaw field in the Val Verde basin.
-- Depressurization postponed at Statfjord field Statoil ASA and partners have decided to optimize the late-life development project of giant Statfjord oil and natural gas field in the Norwegian North Sea by postponing the depressurization of the Brent reservoir by a year, from 2007 to 2008.
-- Woodside reduces 2006 production target by 5% Woodside Petroleum has revised its 2006 production target of 76 million bbl of oil equivalent to 72 million bbl because of reservoir under-performance at Chinguetti oil field in Mauritania and construction delays at the Otway project in southern Australia.
-- ExxonMobil: Sakhalin-1 exports will not be delayed ExxonMobil Corp. denied a report by Russia's Interfax news agency that oil exports from the Sakhalin-1 project might be delayed until October, saying they are on track to begin by August.
-- US drilling slips from 20-year high US drilling slipped slightly from a 20-year high with 1,669 rotary rigs working this week, 3 less than the previous week but up from 1,370 during the same period a year ago, said Baker Hughes Inc.
-- Algeria's In Amenas gas project starts up BP PLC reported that the In Amenas natural gas projecta joint development with Algeria state-owned Sonatrach and Norway's Statoil ASAhas started production in southeastern Algeria.
-- Statoil secures jack up for Troll-Sleipner Statoil ASA has let a contract to SeaDrill Ltd., Hamilton, Bermuda, for the West Epsilon jack up for exploration and production drilling in the Troll-Sleipner area of the North Sea.
-- Dominion Petroleum signs Tanzanian PSAs Dominion Petroleum has entered into three PSAs with Tanzanian Petroleum covering more than 10 million acres in the onshore Mandawa, Kisingire, Lukuliro, and Selous licenses along Tanzania.
-- CNOOC gas project off Indonesia starts flow CNOOC Ltd. and partners have begun production in the first phase of their Southeast Sumatra (SES) Gas Project off Indonesia. The contractual gas delivery rate for Phase I is 55 MMcfd via four wells.
-- US drilling hits new 20-year high The US set a new 20-year high with 1,672 rotary rigs working this week, up by 11 from the previous week and from 1,358 during this same period a year ago, Baker Hughes Inc. reported June 16.
-- Statoil's Tyrihans field due subsea pumps Statoil ASA let a 200 million kroner contract to Aker Kvaerner for new generation subsea pumps for seawater injection at Tyrihans oil field in the Norwegian Sea.
-- Petrobras P-52 semi topsides mated to hull Brazil's Petroleo Brasileiro SA (Petrobras) reported that its P-52 semisubmersible production platform topsides and hull have been mated at the Keppel Fels Brazil (Brasfels) yard.
-- Contract let for Sleipner West compressor Statoil ASA has let a 700 million kroner contract to Vetco Aibel for installation of a compressor module on the Sleipner B platform to increase gas and condensate production of Sleipner West field on Production Licenses 046 in the Norwegian North Sea.
-- BPZ Energy to drill three wells off Peru BPZ Energy Inc., Houston, plans in late July to spud the first of three wells on Block Z-1 in Corvina gas field off northwestern Peru as part of a gas-to-power project.
-- US drilling continues slow climb US drilling activity continued its slow growth with 1,661 rotary rigs working this week, 4 more than the previous week and up from 1,339 during the same period last year, said Baker Hughes Inc.