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Drilling Production 2007 P12

  • 10/25/2007 -- BPZ secures tankers, fast tracks Corvina production
    BPZ has signed two short-term contracts with the Peruvian Navy for two tankers to transport oil earlier than slated from Corvina field on Block Z1 off northwestern Peru.
  • 10/26/2007 -- US rig count continues to slip
    US drilling continued to slip for the second consecutive week, down by 4 units with 1,760 rotary rigs still working, up from 1,744 during the same period a year ago, Baker Hughes Inc. reported.
  • 10/30/2007 -- PDVSA charters Neptune Discoverer drillship
    Venezuela state firm Petroleos de Venezuela SA (PDVSA) signed a 4-year contract with Neptune Marine, Nicosia, to charter the Neptune Discoverer drillship.
  • 10/31/2007 -- AED Timor Sea Puffin Northeast oil lifted to FPSO
    The first oil shipment from AED Oil's Puffin Northeast field in the Timor Sea was lifted from the 'Front Puffin' FPSO vessel into the Mayon Spirit trading tanker.
  • 11/01/2007 -- Pemex resumes oil production after Gulf storms end
    Mexico's state-owned Petroleos Mexicanos said it has restored all but about 300,000 bbl of oil production halted last weekend when storms hit the Gulf of Mexico.
  • 11/02/2007 -- Rowan adding nine super class jack ups to fleet
    Under a contract worth $700 million, Rowan Cos. Inc. has ordered from Keppel AmFELS Inc. four Super 116E class jack up rigs having the ability to drill to 35,000 ft.
  • 11/02/2007 -- US drilling rig count rebounds
    US drilling activity rebounded by 35 rotary rigs to 1,795 working this week, up from 1,739 this time last year, said Baker Hughes Inc.
  • 11/06/2007 -- ReedHycalog: Rig-building persists; N. American fleet use drops
    Robust oil and gas prices continue to drive fleet growth in the drilling market, and the number of land and marine drilling rigs continues to increase worldwide, according to ReedHycalog Rig Census.
  • 11/08/2007 -- Compression to buoy Sawan gas output in Pakistan
    OMV (Pakistan) Exploration GMBH has awarded a $100 million contract to ABB Process Solutions & Services SPA to install a compression facility at Sawan gas field in Sindh Province, in the central Indus basin 500 km from Karachi.
  • 11/09/2007 -- Daewoo Shipbuilding lets drilling equipment contracts
    Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) has let two drilling equipment contracts totaling $213 million to Aker Kvaerner unit Aker Kvaerner MH, Kristiansand, Norway.
  • 11/09/2007 -- US drilling at 9-week high
    US drilling activity continued to increase to the highest level in 9 weeks with 1,801 rotary rigs working this week, 6 more than the previous week, and up from 1,693 a year ago, said Baker Hughes Inc.
  • 11/12/2007 -- Storm damage temporarily shuts in Buzzard platform
    Nexen Inc. has temporarily shutdown the Buzzard platform in the North Sea after storms damaged the upper section of one of the three power generation turbine exhaust stacks.
  • 11/13/2007 -- Saipem secures rig for Gulf of Mexico work
    Italy's Eni SPA has awarded Saipem a 5-year contract for the new Scarabeo 9 deepwater semisubmersible drilling rig for work mainly in the Gulf of Mexico.
  • 11/16/2007 -- US drilling activity dips slightly
    US drilling activity slipped slightly this week, down 4 units with 1,797 rotary rigs still working, compared with 1,696 active rigs in the same period last year, said Baker Hughes Inc.
  • 11/19/2007 -- BP starts up Mango gas field off Trinidad and Tobago
    BP Trinidad & Tobago began natural gas production from its wholly owned and operated Mango field on Galeota block about 35 miles southeast of Galeota Point in 235 ft of water off Trinidad and Tobago.
  • 11/19/2007 -- BHP brings Stybarrow project on stream
    BHP Billiton Ltd. has begun production, ahead of schedule, from the Stybarrow development on Block WA-32-L in the Exmouth subbasin 65 km off Western Australia's North West Shelf. The $760 million development initially was expected to start up in early 2008.
  • 11/19/2007 -- Cantarell and Ku Maloob Zaap production falling
    Production of crude oil in Mexico's main oilfields—Cantarell and Ku Maloob Zaap, in the Gulf of Mexico Campeche Sound—is falling due to water and salt seepage into the reservoirs, official documents reveal.
  • 11/19/2007 -- Oil output begins from Oyong oil field off Java
    Santos-operated Oyong oil field off East Java has shipped its first cargo of oil from the field's Shanghai floating production, storage, and offloading (FPSO) vessel.
  • 11/21/2007 -- Corvina oil field starts producing off Peru
    BPZ Energy has begun oil production through the CX11 platform in Corvina field on Block Z-1 off northwestern Peru.
  • 11/21/2007 -- Problems noted in new Brazilian production
    Brazilian officials have acknowledged that state-owned Petroleo Brasileiro SA is having problems increasing production in existing fields with new offshore platforms and floating units.
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