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Drilling Production 2006 P

  • 01/27/2006 -- Repsol YPF cuts oil and gas reserves estimate by 25%
    Spain's Repsol YPF SA has cut its estimate for proved oil and gas reserves by 1.254 billion boe, a 25% reduction from the yearend 2004 estimate it reported last year.
  • 01/27/2006 -- Cairn taps Mustang for Mangala work in India
    A Cairn Energy unit let a contract to Mustang Engineering for FEED verification and detail EPC management services for the Mangala production facility to be built in western India.
  • 01/26/2006 -- Statoil awaits okay to start Gimle flow
    Statoil ASA said it can start permanent production from its Gimle oil and gas find in the Norwegian North Sea as soon as it receives approval from the Norwegian Ministry of Petroleum and Energy (MPE).
  • 01/26/2006 -- Statoil lets FEED contract for Gjøa field
    Statoil ASA has let a front-end engineering design (FEED) contract to Aker Kværner Engineering & Technology for a production platform at Gjøa field in the North Sea. The contract is worth 60 million kroner ($9 million).
  • 01/26/2006 -- IB Daiwa tests S. Louisiana gas discovery
    IB Daiwa Corp., Tokyo, tested gas and condensate at strong rates in the Kami discovery by its recently acquired Lodore Resources Inc. subsidiary in South Louisiana.
  • 01/24/2006 -- Deepwater Belize oil field off Angola on stream
    Belize oil field on deepwater Block 14 off Angola has gone on stream, reported Cabinda Gulf Oil Co. Ltd., the operator and a subsidiary of Chevron Corp.
  • 01/24/2006 -- Arrow Energy's Surat basin CBM field on stream
    Arrow Energy NL, Brisbane, has made its first natural gas deliveries from Kogan North coalbed methane field in Queensland's Surat basin.
  • 01/20/2006 -- Signet Energy tests Sawn Lake heavy oil well
    Signet Energy Inc., a subsidiary of Surge Global Energy Inc., San Diego, will complete this month a production test of the first horizontal well drilled in the Sawn Lake oil sands area of Alberta.
  • 01/20/2006 -- Statoil puts Aasgard B back on stream
    Statoil ASA reported that production resumed Jan. 20 on the Aasgard B platform in the Norwegian Sea.
  • 01/19/2006 -- Commissioning contract let for Tahiti spar
    Chevron USA Inc. has let a contract to John Wood Group PLC subsidiary Deepwater Specialists Inc. for commissioning support services for the Tahiti truss spar to be located on Green Canyon Block 640 in 4,000 ft of water 190 miles southwest of New Orleans.
  • 01/19/2006 -- Eight proposals advance in BLM oil shale program
    Five applicants submitted eight oil shale development and demonstration proposals that are eligible for further consideration, the US Bureau of Land Management said.
  • 01/19/2006 -- Four gas fields start up in Dutch North Sea
    Gaz de France, through its subsidiary GDF Production Nederland BV (ProNed) is bringing four natural gas fields on stream in the Dutch North Sea.
  • 01/18/2006 -- Plant to supply nitrogen for Tabasco EOR
    Air Products & Chemicals Inc. reported that a new joint venture between its Grupo Infra partner and Tecnologia en Nitrogeno signed a 10-year contract with Pemex Exploration & Production for 90 MMscfd of nitrogen for an enhanced oil recovery (EOR) project in Mexico.
  • 01/17/2006 -- Glencoe injecting CO2 in central Alberta
    Carbon dioxide injection for enhanced oil recovery has started in central Alberta.
  • 01/16/2006 -- Statoil shuts in Aasgard production again
    Statoil ASA has shut in production of 45,000 b/d of condensate and 27.5 million cu m/day of gas from the Aasgard B platform in the Norwegian Sea after sparks and smoke were detected Jan. 15 in an exhaust system in the turbine of one of the export ducts.
  • 01/16/2006 -- Petrobras purchases stake in Equatorial Guinea's deep waters
    Brazil's state-owned Petroleo Brasileiro SA (Petrobras) reported that the government of Equatorial Guinea recently approved Petrobras's acquisition of a 50% participating interest in a production-sharing contract covering Block L, in the deepwater portion of the Rio (River) Muni basin.
  • 01/16/2006 -- Future offshore spending driven by drilling, analyst says
    Over the next 5 years drilling activities will draw a major share of offshore expenditures, according to international UK research firm Douglas-Westwood Ltd.
  • 01/13/2006 -- US drilling shows slight increase
    US drilling activity increased slightly with 1,467 rotary rigs working this week, 3 more than the previous week and up from 1,258 in the same period last year.
  • 01/13/2006 -- Chevron lets Blind Faith topsides contract
    Chevron Corp. has let a contract to Mustang Engineering, a subsidiary of John Wood Group PLC, for detailed design of the topsides of the semisubmersible production facility for Blind Faith oil and gas field in the Gulf of Mexico (OGJ Online, Oct. 10, 2005).
  • 01/13/2006 -- PGS secures tanker for FPSO conversion
    PGS Production, a subsidiary of Petroleum Geo-Services ASA, has agreed to buy the shuttle tanker MT Rita Knutsen from Knutsen OAS Shipping for $35 million.