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Drilling Production 2008 P
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06/13/2008 -- US drilling hits new 22-year high
The US rig count this week topped 1,900 working units for the first time in more than 22 years. -
06/13/2008 -- Alberta to rebut oil sands' environmental foes
Alberta plans to emphasize the strategic and economic benefits of continuing production from its oil sands, said an official of the Canadian province's government June 11. -
06/13/2008 -- ERCB sees rise in Alberta CBM output
Alberta's coalbed methane production could reach 640 bcf/year in 2017, or 16% of the province's marketable gas output compared with 5% in 2007, the Energy Resources Conservation Board said. -
06/11/2008 -- Marathon's Alvheim oil field begins production
Marathon Petroleum Norge AS has begun producing oil from Alvheim field off Norway via its floating production, storage, and offloading vessel. -
06/11/2008 -- Study highlights likes, dislikes of Alberta oil sands
Both Canadians and Americans consider Alberta oil sands to be a secure oil supply, said results of a Canadian-US survey by Fleishman-Hilliard Inc. -
06/10/2008 -- PA Resources spuds another well in Didon field
PA Resources AB, Stockholm, has spudded another well on its wholly owned Didon field off Tunisia. -
06/09/2008 -- Ship guarding Addax facility off Nigeria attacked
Even as Royal Dutch Shell PLC announced a continuation of its force majeure for Nigerian Bonny oil exports, militants in southern Nigeria ambushed a naval vessel guarding an offshore concession operated by Addax Petroleum Corp., killing one person and wounding several others. -
06/09/2008 -- Petrobras to study oil shale development in Utah
Brazil's Petrobras reported signing an agreement with Oil Shale Exploration Co. and Japan's Mitsui & Co. to jointly conduct a study into the development of oil shale projects in Utah. -
06/07/2008 -- US drilling regains 9 rigs
US drilling activity regained 9 rotary rigs to 1,886 units working the week ended June 6, up from 1,760 during the same period last year, said Baker Hughes Inc., Houston. -
06/06/2008 -- Seadrill to buy four newbuild jack up rigs
Seadrill has ordered four newbuild jack up rigs from KFELS and PPL Shipyard in Singapore under contracts totaling $850 million. -
06/06/2008 -- Norway averts oil production strike
Oil workers on the Norwegian continental shelf have pulled their strike threat after reaching an agreement with trade unions over pay. -
06/06/2008 -- Climate bill section affecting gas processors would cut production, study finds
Global climate change legislation which is due to reach the US Senate floor as soon as next week could reduce natural gas supplies and significantly increase prices, a new study by Wood Mackenzie concluded. -
05/30/2008 -- US drilling dips below 22-year high
US drilling activity slipped below a 22-year high this week with 1,877 rotary rigs working, 12 less than the prior week but up from 1,774 units a year ago, said Baker Hughes Inc. -
05/30/2008 -- WoodMac: US refiners, pipelines invest in Canadian tar sands
The projected growth of Alberta oil sands production, which has in place some 1.75 trillion bbl of resources, is triggering a wave of investments, said Wood Mackenzie Ltd., Edinburgh. -
05/30/2008 -- Shell launches Perdido spar production facility
Shell is transporting by barge its enormous Perdido spar production facility from the shipyard in Pori, Finland, to Ingleside, Tex. -
05/30/2008 -- 'Do we really want to start punishing any company that makes more than an 8% profit?'
Rep. Lamar S. Smith(R-Tex.), ranking minority member of the House Judiciary Committee, in an opening statement to a May 22 hearing by the committee's task force on competition policy and antitrust laws on retail gasoline prices and oil industry competition. -
05/29/2008 -- Statfjord A platform oil production resumes
StatoilHydro has resumed oil production from the Statfjord A platform in the Norwegian North Sea following its closure earlier in the week due to a leak between a storage cell and one of the platform shafts. -
05/29/2008 -- Kambuna gas flow to start off Indonesia
Serica Energy PLC, London, plans to start production by yearend from Kambuna gas field in the Malacca Straits 40 km off North Sumatra, Indonesia. -
05/28/2008 -- Total lets pipeline, platform contracts off Angola
Total E&P Angola has contracted Saipem SPA to install a natural gas pipeline and injection platform off Angola. -
05/28/2008 -- Burullus lets Sequoia field development contract
Burullus Gas Co. let a contract to Saipem SPA for subsea development of Sequoia field, which lies 130 km northeast of Alexandria, Egypt, in 70-570 m of water.
