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Enron Mail |
=09=09=09[IMAGE]=09=09 =09Friday January 25, 2002=09[IMAGE] =09=09=09 =09=09=09[IMAGE]=09=09 =09=09=09[IMAGE]=09=09 [IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09=09 [IMAGE]=09=09home | news | search | maps | data | jobs | = market | store =09[IMAGE]=09=09 =09=09=09[IMAGE]=09=09 [IMAGE]=09=09 [IMAGE] [IMAGE] In This Issue [IMAGE] [IMAGE] = [IMAGE] Current Oil and Gas Industry News T! op Stories for the Past= 7 Days Featured Events and Conferences What's in Store - Books & More = Featured Employment Opportunities Surplus Oilfield Equipment For Sale World= wide Offshore Rig Utilization Oil & Gas Prices [IMAGE] [IMAGE] I= ndustry Headlines [IMAGE] [IMAGE] Woodside Eyes Veba Assets Woo= dside is interested in acquiring the assets of Vebal Oil and Gas but has de= clined to release details. Court Rules on Offshore Injury Case United St= ates Fifth Circuit Court of Appeals decides that wireline perforation used = in drilling and capping wells is not "ultrahazardous". [IMAGE] [IMAGE]= advertisement A National-Oilwell designed, 1992 built modular offshore d= rilling rig is available for sale direct from the manufacturer. This rig d= rilled only 5 wells from the Draugen platform in the Norwegian sector of th= e North Sea. Click on the link below for full details, photos and seller c= ontact information: http://www.rigzone.com/market/surplus_listing.asp?eq_= id=3D397 Exploration [IMAGE] [IMAGE] [IMAGE] Origin Ac= quires Stake in WA 226P Offshore Australia Origin Energy advises has reach= ed agreement with Dana Petroleum plc and Black Rock Petroleum to earn 30% e= quity in the WA 226P Permit and assume Operatorship. Trident Appraisal Wel= l Successful Unocal Corporation said that it continues to be encouraged af= ter successfully completing the first appraisal well at the Trident deepwat= er Gulf of Mexico discovery in Alaminos Canyon Block 903. CNODC Acquires I= nterest in Azeri Fields China National Oil and Gas Exploration and Develop= ment Corp. and CNPC have signed two separate agreements whereby CNODC and C= NPCHK will acquire a 30% interest in the Kursangi and Karabagli oil fields = in Azerbaijan. [IMAGE] [IMAGE] Production [IMAGE] [IMAGE] = [IMAGE] Kvaerner To Open New Umbilicals Facility Kvaerner has decided = to invest NOK 100 million in a new umbilicals production facility for the s= ubsea segment of the oil and gas industry in the Gulf of Mexico or Houston = area. Veba Boosts Production from Hanze Field Veba is producing 31,500 ba= rrels of oil daily from its recently developed Hanze field. This represents= almost two thirds of Dutch oil production. [IMAGE] [IMAGE] Comp= any & Financial! News [IMAGE] [IMAGE] [IMAGE] Ensco Releases 2001= Results ENSCO reported that fourth-quarter net income fell 30 percent as = low energy prices cut drilling activity in the Gulf of Mexico. Conoco Set= s Budget for 2002 Conoco to spend the majority of its $2.8 billion dollar = budget on upstream operations in 2002. Nabors Industries Has Record Year = Nabors Industries Inc. said its fourth-quarter earnings rose slightly even = though North American natural gas drilling slowed down as a result of lower= gas prices. [IMAGE] [IMAGE] Last 7 Days Top Stories [IMAGE] = [IMAGE] [IMAGE] Drilling Operations Halted on West Navion Drilling= operations on the West Navion have been halted for the next 2-3 weeks so t= he rig can undergo an inspection of its derrick. Pemex Increases Explorati= on Spending in 2002 Pemex plans to concentrate spending on explortion and = production projects in 2002. Conoco Focuses on Indonesia Conoco expects= to spend over $2.5 billion in Indonesia during the next nine years, as par= t of planned investment of $3.4 billion between 1998 and 2010. Kerr-McGee = Sells Ecuadorian Assets Kerr-McGee has agr! eed to sell two oil lease conc= essions and its stake in a pipeline project in Ecuador to Perenco. CNOOC A= cquires Repsol-YPF's Indonesian Assets CNOOC has acquired Repsol-YPF's Ind= onesian assets for US $585 million in cash. This acquisition will make CNO= OC the largest offsohre oil producer in Indonesia. CNOOC Jackup Leaves Chi= na CNOOC secured the first contract for overseas service as an independent= contractor in the international drilling market. Kvaerner Awarded Escrav= os FEED Contract Kvaerner has been awarded the FEED work for the Escravos = Gas Project Phase 3 by NNPC/Chevron. Transocean Puts Two Rigs Back to Work= Transocean Sedco Forex Inc. has been awarded contracts for tw! o high-spe= cification floating drilling rigs and has received a contract extension on = a third high-specification floating drilling rig. PGS Awarded $58 Million= in New Contracts Petroleum Geo-Services ASA announced that its onshore di= vision has secured new seismic acquisition contracts in the United States, = Ecuador, India and Bangladesh valued at $58 million. Bouygues/Saipem Award= ed Algerian Contract Sonatrach has awarded a joint venture of Saipem and B= ouygues a $257 million oilfield development project in Algeria. Shell Hits= Offshore Nigeria Shell Nigeria has made a significant discovery in the de= ep waters offshore Nigeria. CNOOC Announces 2002 Strategy In 2002, CNOOC= will continue to focus on growing production, executing development plans = and adding reserves through exploration. [IMAGE] [IMAGE] Upcomin= g Oil & Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Jan. 29 NA= PE Expo 2002 Houston Feb. 6 Torch Mid-Winter Energy Conference New Yo= rk Feb. 7 Marine Construction 2002 Houston Feb. 10 2002 SPE Interna= tional Petroleum Conference & Exhibition in Mexico Villahermosa Feb. 26 = 2002 IADC/SPE Drilling Conference and Exhibition Dallas Feb. 26 Offsh= ore Oil and Gas Safety Seminars Aberdeen Feb. 27 Human Resources in Oil= & Gas Aberdeen Mar. 10 AAPG Annual Meeting Houston Mar. 20 LNG Nor= th America Houston Apr. 9 2002 SPE/ICoTA Coiled Tubing Conference and = Exhibition Houston list your conference view upcoming events [IMAGE] = [IMAGE] [IMAGE] [IMAGE] [IMAGE] Horizon Offshore Global Completion= Service HoverDril Baker Hughes [IMAGE] promote your company = [IMAGE] [IMAGE] [IMAGE] Natural Gas in Nontechnical Language [IMAGE] [IM= AGE] 2001 International Petroleum Encyclopedia [IMAGE] [IMAGE] Hydrocarb= on Exploration and Production [IMAGE] [IMAGE] [IMAGE] more products = [IMAGE] [IMAGE] [IMAGE] ! featured equipment: Ambar Marine 26' Fast= Rescue Boats [IMAGE] Self-Contained Platform Rig [IMAGE] [IMAGE= ] [IMAGE] more equipment [IMAGE] [IMAGE] featured jobs: - Senio= r Structural Engineer - Electrical Engineer - Fishing Specialist (Engine= er) more hot jobs << featured candidates: - CFO - Controller - Direct= ional Drilling Coordinator - International Business Devel! opment Engineer= search for candidates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drill= ships:! To 5000': 50.0% (7/14) +5000': 92.0% (23/25) Semisubs: 2nd = Gen: 68.5% (50/73) 3rd Gen: 86.0% (43/50) 4th Gen: ! 100.0% (38/38) 5= th Gen: 100.0% (7/7) Jackups: To 200': 58.2% (39/67) 200' MC: 58.3= % (14/24) 200' MS: 14.3% (3/21) 300' IC: 87.5% (84/96) +300' IC: 88.9= % (48/54) Severe Env.: 81.0% (17/21) [IMAGE] [IMAGE] view complete u= tilization report [IMAGE] [IMAGE] Light Crude Oil: $19.72/BBL (1.18= %) Brent Crude Oil: $19.14/BBL (0.10%) Natural Gas: $2.02/MMBtu (-2.88%= ) Unleaded Gasoline: $0.57/gal (1.79%) prices from: 1/24/2002 change sin= ce: 1/23/2002 [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09=09 =09=09=09[IMAGE]=09=09 =09=09=09 Promotional Opportunities Become a Sponsor, feature your job ope= ning or, advertise your upcoming industry conference. Click here for mor= e information, send your press release to info@rigzone.com or call us at = 281-345-4040. Member Services If you no longer wish to receive this newsl= etter, you may unsubscribe by clicking here or by logging in to Rigzone an= d updating your profile. You can also change the format you receive (HTML= or Text) and your email address by logging in and updating your account. = Click here to log in . =09=09 =09=09=09[IMAGE]=09=09
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