To produce the deepwater Malampaya gas field, Shell Philippines Exploration BV selected a subsea production system consisting of a cluster well development, initially with five horizontal trees, connected to a central production manifold.
The light well-intervention vessel CSO Seawell re-entered and reperforated two active subsea water-injection wells in Statoil's Heidrun field, offshore Norway. Coflexip Stena Offshore Norge AS, operator of the vessel, says one of the wells re-entered at Heidrun was in 340-m water, which is 150 m greater than the previous record for such an intervention.
In the year 2003, a new gas province will come on stream when gas production commences from the fields of the In Salah Gas Project in District 3 area of central Algeria.
Samedan Viet Nam Ltd., a wholly owned indirect subsidiary of Noble Affiliates Inc., entered a production sharing agreement with Petrovietnam for rights on blocks 12W and 12E in the Nam Con Son basin off Viet Nam.
Two US international oil companies started up Alpine oil field in mid-November on Alaska's North Slope, with one calling it "the standard by which all future Arctic developments will be measured" because of attention to technical and environmental detail.
Two US international oil companies started up Alpine oil field in mid-November on Alaska's North Slope, with one calling it "the standard by which all future Arctic developments will be measured" because of attention to technical and environmental detail.
Analysis of US propane inventory components-primary, secondary, and tertiary-in advance of the 2000-2001 heating season has indicated that, during periods of severe cold weather, supplies may be unable to meet demand.
Analysis of US propane inventory components-primary, secondary, and tertiary-in advance of the 2000-2001 heating season has indicated that, during periods of severe cold weather, supplies may be unable to meet demand.
Despite a grim outlook for the average US downstream competitor, those downstream companies that have consistently created value in the industry have been rewarded with a good return on their investments.
Magellan Petroleum Australia Ltd. said a third party has agreed to pay $300,000 (Aus.) for additional seismic data, acquired during September 2000, on 670,000-acre exploration permit ATP 613P in the Maryborough basin in southeastern Queensland.
Diplomatic relations between Iran and the US are expected to thaw, as US trade sanctions against Iran are relaxed and Iran begins removing internal barriers for trade with outside investors.
A final green light for Peru's Camisea natural gas megaproject has run into another last-minute delay just as the winning consortia were preparing to sign the final contracts.
A final green light for Peru's Camisea natural gas megaproject has run into another last-minute delay just as the winning consortia were preparing to sign the final contracts.
Major oil and gas companies continue to add to their global portfolios or restructure their businesses upstream and downstream in an effort to maintain a competitive edge in high-growth regions of the world.
