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Drilling Production 2006 P4

  • 11/15/2006 -- Regulators approve Suncor's oil sands projects
    Suncor Energy Inc. said the Alberta Energy and Utilities Board (EUB) on Nov. 14 approved the company's application to build a third oil sands upgrader, Voyageur, and approved plans to develop the Steepbank mine expansion.
  • 11/15/2006 -- Terra Nova production resumes off St. John's
    Production from Terra Nova oil field resumed Nov. 12, following completion of a planned maintenance turnaround on the Terra Nova FPSO vessel (OGJ, Sept. 11, 2006, Newsletter).
  • 11/13/2006 -- GlobalSantaFe, BHP agree to extend rig contracts
    GlobalSantaFe Corp. has signed agreements with BHP Billiton Ltd. to extend the contracts on two ultradeepwater drilling rigs for additional 4-year terms. The rigs currently are operating in the Gulf of Mexico.
  • 11/13/2006 -- Petrofac lifts first oil cargo from Cendor field
    Petrofac Malaysia has lifted its first cargo totaling 311,000 bbl of oil from Cendor oil field on Block PM304 off Malaysia.
  • 11/10/2006 -- US rig count drops by 46 units
    US drilling activity dropped significantly the week ended Nov. 10, down by 46 units, with 1,693 rotary rigs working, said Baker Hughes Inc.
  • 11/10/2006 -- KMV plans three more gas wells in Oklahoma
    Mammoth Energy Group Inc. subsidiary KMV Consulting, Denver, currently drilling five wells in its shallow gas project in Rogers County, Okla., has made arrangements to drill three more wells there.
  • 11/10/2006 -- Fortune Oil begins CBM drilling in China
    A unit of Fortune Oil PLC has begun drilling its first pilot well on the Liulin Block in the eastern Ordos basin of Shanxi Province, China. The Ordos basin is one of the world's largest CBM resource areas.
  • 11/08/2006 -- Total unit enters production phase at Joslyn project
    Deer Creek Energy Ltd., a recent subsidiary of Total SA, has started the commercial production phase of the Joslyn project in the Athabasca region, 60 km northwest of Fort McMurray, Alta. Deer Creek is an 84% interest owner and operator of the Joslyn lease.
  • 11/03/2006 -- US rig count slips slightly
    US drilling activity slipped slightly the week ended Nov. 3, down by 5 units, with 1,739 rotary rigs working, said Baker Hughes Inc.
  • 11/03/2006 -- Iraq to boost oil output, develop Al Ahdab field
    Iraqi oil minister Hussein al-Shahristani, fresh from a tour of Asia, expects his country to produce 3 million b/d of crude oil by yearend and, with fresh investment, some 4.5 million b/d by 2010.
  • 11/01/2006 -- Hurricanes spotlight jack up design, placements
    The storm magnitudes of Hurricanes Katrina and Rita exceeded the design criteria of most of the jack up rigs caught in their paths through the central Gulf of Mexico, said industry experts at a recent Houston workshop sponsored by the International Association of Drilling Contractors.
  • 10/31/2006 -- NEB expects Canada's gas production to rise
    Canada's annual average gas production is expected to increase to 17.3 bcfd in 2008 from 17.1 bcfd in 2005, said the Canadian National Energy Board in a new report.
  • 10/31/2006 -- Commerciality sought for Cuba's Majaguillar
    Sherritt International Corp., Toronto, applied in the quarter ended Sept. 30 for oil production from Majaguillar Block 9 on the North Cuba fold belt to be declared commercial.
  • 10/30/2006 -- CNOOC starts up WZ 6-1 oil field off China
    CNOOC Ltd. has begun production from Wei Zhou (WZ) 6-1 oil field in 35 m of water in the Beibu Gulf in the western South China Sea.
  • 10/27/2006 -- Statoil resumes production from Snorre A, Vigdis
    Oil and gas production resumed this week from the Statoil ASA-operated Snorre A platform and Vigdis field following an Oct. 13 shut-in due to insufficient lifeboat capacity on the Snorre A installation, from which Vigdis oil is processed.
  • 10/25/2006 -- Pestsovaya gas-condensate field hits full production
    Full gas production of 27.5 billion cu m/year has been achieved on schedule in the Pestsovaya area of the Urengoyskoye gas-condensate field in Russia, OAO Gazprom, the field's operator, said.
  • 10/24/2006 -- East Azeri oil production starts early
    The East Azeri (EA) platform in the Caspian Sea off Azerbaijan has begun oil production 4 months earlier than planned.
  • 10/20/2006 -- Delays impact Woodside's production off Victoria
    Woodside Petroleum Ltd., Perth, has suffered further delays in it's $1 billion (Aus.) Thylacine-Geographe gas development in the Otway basin off western Victoria and will struggle to meet its production forecast of 72 million bbl this year.
  • 10/19/2006 -- Contractors work to stem mud flow in East Java
    Santos Ltd. reported that Boots & Coots International Well Control Inc. has started drilling a relief well near the Banja-Panji-1 gas well in Sidoarjo, East Java.
  • 10/19/2006 -- Statoil begins production via new subsea template
    Statoil ASA on Oct. 18 began production from one of the two wells tied in to the subsea K Template recently installed in Norne oil field in the Norwegian Sea.

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TAG Oil hits oil, gas-bearing sands in Taranaki basin

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Moody’s: E&P spending to dip as crude oil prices slide

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SEC said to extend Dodd-Frank proposals deadline to October 2015

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