Drilling Production 2008 P

07/11/2008 -- Total, Inpex budget $2 billion for Indonesian EOR
A Total executive revealed on a visit to Indonesia that the firm and its Japanese partner Inpex will invest $2 billion next year for EOR in the partners' oil and gas fields in Indonesia.
07/09/2008 -- Shah sour gas-condensate project advances
ConocoPhillips and Abu Dhabi National Oil Co. signed an interim agreement to develop the Shah sour gas-condensate field onshore in southern Abu Dhabi.
07/08/2008 -- Shell continues operations in Ogoniland
Shell Petroleum Development Co. has not been ordered to leave its operations in Ogoniland in Rivers State, although Nigerian President Yar'Adua said another operator would replace Shell by yearend.
07/07/2008 -- StatoilHydro improves Gullfaks oil recovery factor
StatoilHydro reported it has produced an additional 60 million bbl of oil from Gullfaks field in the Norwegian North Sea as it has improved the recovery factor to more than 60%.
07/07/2008 -- Neptune starts oil, gas production in Gulf of Mexico
BHP Billiton Ltd. and its partners in the Neptune oil and gas development in the deepwater Gulf of Mexico reported the start of production.
07/03/2008 -- Oxy invests in new large CO₂ source for Permian basin EOR
Occidental Petroleum with its agreement with SandRidge Energy plans to increase substantially the amount of CO2 available in the Permian basin for use in EOR projects.
07/03/2008 -- Aramco taps JGC for Manifa equipment
Saudi Arabia's state-owned Saudi Arabian Oil Co. has awarded engineering firm JGC Corp. a ¥200 billion contract to supply crude oil treatment equipment, which includes water injection equipment and storage tanks, for the northern area of Manifa field in the Persian Gulf.
07/03/2008 -- Bualuang oil field off Thailand set to produce
Soco International PLC, a partner in Bualuang field in the Gulf of Thailand, said oil production from the field would commence this month.
07/02/2008 -- US drilling rig count at 23-year high
US drilling continued to climb, up by 8 rotary rigs to 1,921 working this week, said Baker Hughes Inc. on July 2.
07/02/2008 -- ConocoPhillips orders Ekofisk subsea equipment
ConocoPhillips has let a 5-year, $120 million contract to FMC Technologies to supply subsea equipment and services to replace the Ekofisk 2/4 water injection platform in the Norwegian North Sea.
07/01/2008 -- Inpex deciding where to process Ichthys gas
Japan's Inpex Holdings Inc. expects to make a decision by yearend on where to process gas from Ichthys field in the Browse basin off northwestern Western Australia.
06/30/2008 -- Production delay at Kashagan oil field
The Kazakh government agreed to a further delay in the start of production at the offshore Kashagan oil field after meeting with Agip Kazakhstan North Caspian Operating Co.
06/30/2008 -- Nexus gears up for Crux liquids project
Nexus Energy has committed for $308 million in drilling and equipment packages, the clearest sign yet of an imminent green light for the Crux field liquids/gas recycling project.
06/30/2008 -- Production start at Kashagan oil field hits delay
The Kazakh government agreed to a further delay in the start of production at the offshore Kashagan oil field after meeting with Agip Kazakhstan North Caspian Operating Co.
06/30/2008 -- CNOOC brings XJ 23-1 oil field on production
China National Offshore Oil Corp. Ltd. said its Xijiang (XJ) 23-1 oil field in the South China Sea has started production.
06/27/2008 -- Chevron declares force majeure in Nigeria
Chevron Corp. declared force majeure at its Escravos oil facility in Nigeria because of production losses that will delay some cargo shipments.
06/26/2008 -- StatoilHydro resumes Oseberg production
StatoilHydro has restarted oil production from Oseberg South, Oseberg East, and Tune fields in the Norwegian North Sea following the closure of the Oseberg field center when a small fire occurred in the switchboard room June 15.
06/24/2008 -- Petrobras, Mitsui sign ultradeepwater drilling contract
Transocean Inc.'s subsidiaries reached an agreement with subsidiaries of Petrobras and Mitsui to acquire a newbuild ultradeepwater drillship under a capital lease contract.
06/24/2008 -- Japanese banks lend $2 billion for Pluto field
The Japan Bank for International Cooperation, aiming to secure stable supplies of natural gas, coal, and iron ore for the country, plans to lend some 1 trillion yen over the next 5 years to help finance projects in Australia that involve Japanese companies.
06/24/2008 -- Samsung lets field development ship contract to Saipem
Samsung Heavy Industries Co., South Korea, awarded a turnkey contract to Saipem SA to develop the Saipem FDS 2 field development ship for deepwater fields. The vessel, which is expected to be ready by 2010, will cost €380 million to construct, including a vertical J-lay tower. It will be built at the Koje shipyard.

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Drilling Production 2008 P