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Drilling Production 2009 P18

  • 06/25/2009 -- Alberta extends energy incentive programs
    Alberta extended by a year to March 2011 the two energy incentive programs announced last March (OGJ, Mar. 9, 2009, Newsletter).
  • 06/25/2009 -- Oil firm seeks restitution from Texas Railroad Commission
    Texas Gov. Rick Perry signed Senate Concurrent Resolution 72, allowing Gulf Energy Exploration Corp. to pursue a claim against the Railroad Commission of Texas (RRC) for plugging the wrong gas well (OGJ Online, May 19, 2009).
  • 06/24/2009 -- Study expects a floater market recovery in 2010
    Despite the failure of an estimated $10 billion of expected orders to materialize as the global economy derailed in 2008-09, Douglas-Westwood Ltd. in a recent report expects the installation of floating production units to recover in 2010, with $45.8 billion being spent during 2009-13.
  • 06/23/2009 -- Chevron starts oil production from Frade field off Brazil
    Chevron Brasil Upstream Frade Ltda. has started oil production from Frade field, Chevron’s first operated deepwater development off Brazil.
  • 06/23/2009 -- BMI: Venezuela to remain major oil exporter
    Venezuela will account for 8.13% of Latin American regional oil demand by 2013, while providing 26.46% of supply, according to the latest Venezuela Oil and Gas Report by analyst BMI.
  • 06/22/2009 -- Forties Charlie well starts production in UK North Sea
    Apache Corp., Houston, reported that its Forties Charlie 6-3 well started oil production at a rate of 10,500 b/d in the UK North Sea.
  • 06/19/2009 -- US drilling has first gain in 11 weeks
    US drilling activity increased for the first time in 11 weeks, up by 23 rotary rigs to 899 drilling—the same number as 3 weeks ago but down from 1,906 during the same period a year ago, said Baker Hughes Inc.
  • 06/18/2009 -- Eni lets contract for Kitan subsea equipment
    Eni SPA awarded a $60-million contract to FMC Technologies Inc. for manufacturing and delivering subsea equipment to its Kitan oil field development in the Joint Petroleum Development Area Block 06-105 of the Timor Sea between Australia and East Timor (Timor-Leste).
  • 06/17/2009 -- Connacher reactivates Algar oil sands project
    After selling $200 million of first-lien senior secured notes, Connacher Oil & Gas Ltd., Calgary, announced it would reactivate its plan to construct the Algar project, a project similar in size to its first steam-assisted gravity drainage (SAGD) project, Great Divide Pod-1, in northeastern Alberta.
  • 06/17/2009 -- Jubilee field subsea system ordered
    The Jubilee integrated project team placed an order with FMC Technologies Inc. for designing and manufacturing a subsea production system for the Jubilee deepwater development in 4,000-5,100 ft of water off Ghana.
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