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Enron Mail |
=09=09=09[IMAGE]=09=09 =09Thursday January 24, 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] Statoil Relinquishes Greenland= License Statoil has relinquished its exploration license in the Fylla are= a offhsore Greenland. BG Revises Offer for Enron India BG Group has revis= ed its agreement for the purchase of the entire share capital of Enron Oil = & Gas India Limited. [IMAGE] [IMAGE] advertisement A National-Oilwel= l designed, 1992 built modular offshore drilling rig is available for sale = direct from the manufacturer. This rig drilled only 5 wells from the Draug= en platform in the Norwegian sector of the North Sea. Click on the link be= low for full details, photos and seller contact information: http://www.r= igzone.com/market/surplus_listing.asp?eq_id=3D397 Exploration [I= MAGE] [IMAGE] [IMAGE] CNOOC Begins Exploration Offshore Hainan Pr= ovince CNOOC Ltd. has begun drilling the Dongfang 1-1 Well, the first in t= he offshore Dongfang field. Murphy Optomistic About West Patricia Murphy = Oil had positive results from its appraisal well on the West Patricia oil p= rospect offshore Sarawak in east Malaysia. Marathon Makes Discovery in Ala= ska Marathon oil has made a significant discovery on its Ninilchik Prospec= t located approximately 35 miles south of Kenai, Alaska. Meridian Acquires= Additional Acreage in Louisiana The Meridian Resource Corporation recentl= y closed on the purchase of a major land rights position covering over 190,= 000 acres located in the Company's focus area of south Louisiana. [IMAGE= ] [IMAGE] Production [IMAGE] [IMAGE] [IMAGE] Kvaerner Awa= rded Escravos FEED Contract Kvaerner has been awarded the FEED work for t= he Escravos Gas Project Phase 3 by NNPC/Chevron. [IMAGE] [IMAGE] = Company & Financial News [IMAGE] [IMAGE] [IMAGE] Remington Exten= ds Two Gulf of Mexico Fields Remington Oil and Gas has successfully comple= ted two offshore field extensions and expects both 4th quarter and 2002 pro= duction volumes to fall in line with prior guidance. GlobalSantaFe Reports= 2001 Results GlobalSantaFe Corp. posted a 71 percent drop in fourth-quart= er earnings as merger-related costs weighed on its results, but its rev! en= ues rose on strong international drilling activity. [IMAGE] [IMAGE] = Last 7 Days Top Stories [IMAGE] [IMAGE] [IMAGE] Drilling Oper= ations Halted on West Navion Drilling operations on the West Navion have b= een halted for the next 2-3 weeks so the rig can undergo an inspection of i= ts derrick. Pemex Increases Exploration Spending in 2002 Pemex plans to c= oncentrate spending on explortion and production projects in 2002. Conoco = Focuses on Indonesia Conoco expects to spend over $2.5 billion in Indone= sia during the next nine years, as part of planned investment of $3.4 billi= on between 1998 and 2010. U.S. Approv! es Deepwater Royalty Relief Gale N= orton, Secretary of the Interior, announced that oil and gas companies dril= ling in Gulf of Mexico deepwater will be given royalty reductions. Kerr-Mc= Gee Sells Ecuadorian Assets Kerr-McGee has agreed to sell two oil lease co= ncessions and its stake in a pipeline project in Ecuador to Perenco. CNOOC= Acquires Repsol-YPF's Indonesian Assets CNOOC has acquired Repsol-YPF's I= ndonesian assets for US $585 million in cash. This acquisition will make C= NOOC the largest offsohre oil producer in Indonesia. CNOOC Jackup Leaves C= hina CNOOC secured the first contract for overseas service as an independe= nt contractor in the international drilling market. PGS A! warded $58 Mill= ion in New Contracts Petroleum Geo-Services ASA announced that its onshore= division has secured new seismic acquisition contracts in the United State= s, Ecuador, India and Bangladesh valued at $58 million. Bouygues/Saipem Aw= arded Algerian Contract Sonatrach has awarded a joint venture of Saipem an= d Bouygues a $257 million oilfield development project in Algeria. CNOOC A= nnounces 2002 Strategy In 2002, CNOOC will continue to focus on growing p= roduction, executing development plans and adding reserves through explorat= ion. Shell Hits Offshore Nigeria Shell Nigeria has made a significant dis= covery in the deep waters offshore Nigeria. Westcoast Energy Reaches Miles= ton! e in Mexico Westcoast Energy announced has reached a major milestone = in the development of the Campeche Natural Gas Compression Services Project= in Mexico. [IMAGE] [IMAGE] Upcoming Oil & Gas Industry Events [= IMAGE] [IMAGE] [IMAGE] Jan. 29 NAPE Expo 2002 Houston Feb. 6 = Torch Mid-Winter Energy Conference New York Feb. 7 Marine Construc= ti! on 2002 Houston Feb. 10 2002 SPE International Petroleum Conference= & Exhibition in Mexico Villahermosa Feb. 26 2002 IADC/SPE Drilling Con= ference and Exhibition Dallas Feb. 26 Offshore Oil and Gas Safety Semi= nars Aberdeen Feb. ! 27 Human Resources in Oil & Gas Aberdeen Mar. 10 = AAPG Annual Meeting Houston Mar. 20 LNG North America Houston Apr. = 9 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition H! ouston li= st your conference view upcoming events [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] Horizon Offshore Global Completion Service HoverDril Ba= ker Hughes [IMAGE] [IMAGE] promote your company [IMAGE] [IMAGE] = [IMAGE] Offshore Field Development Guide - Indian Sub Continent, South Ea= st Asia, Australasia, Far East [IMAGE] [IMAGE] Interactive Drilling for F= ast Track Oilfield Development [IMAGE] [IMAGE] Dictionary for the Petrole= um Industry, 3rd Ed. [IMAGE] [IMAGE] [IMAGE] more products [IMAGE] = [IMAGE] [IMAGE] featured equipment: North Africa Cooper LTO 750 [IM= AGE] Ambar Marine 26' Fast Rescue Boats [IMAGE] [IMAGE] [IMAGE] mo= re equipment [IMAGE] [IMAGE] featured jobs: - Project Engineer - S= r. Drilling Engineer - Structural Engineer more hot jobs << featured c= andidates: - EPC Manager for Subsea Projects - SR Technical ! Sales for S= ubsea Drilling Completions - Subsea Engineer with International Experience= s search for candidates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Dril= lships: To 5000': 50.0% (7/14) +5000': 92.0% (23/25) Semisubs: 2nd G= en: 68.5% (50/73) 3rd Gen: ! 86.0% (43/50) 4th Gen: 100.0% (38/38) 5t= h 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 ut= ilization report [IMAGE] [IMAGE] Light Crude Oil: $19.49/BBL (6.27%= ) Brent Crude Oil: $19.12/BBL (2.03%) Natural Gas: $2.08/MMBtu (-1.89%)= Unleaded Gasoline: $0.56/gal (1.82%) prices from: 1/23/2002 change sinc= e: 1/22/2002 [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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