Enron Mail

From:newsletter@rigzone.com
To:tmartin@enron.com
Subject:RIGZONE Industry News
Cc:
Bcc:
Date:Wed, 6 Feb 2002 14:48:04 -0800 (PST)


=09=09=09[IMAGE]=09
=09Thursday February 7, 2002=09iOTC =09=09
=09=09=09[IMAGE]=09
=09=09=09[IMAGE]=09
[IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09
[IMAGE]=09=09home | news | search | maps | data | jobs | =
market | store =09[IMAGE]=09
=09=09=09[IMAGE]=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] Check=
it Out! - Free - Today Only! Search and access Gulf of Mexico well =
permits and plans. Pull current and historical data using area, date range=
, operator or water depth search criteria. This $600 per year per license =
service is free to all Rigzone.com visitors today only, http://www.rigzone.=
com/data/permits/default.asp . If you are an employer or a recruiter look=
ing for qualified personnel, Hire Away! Today you have unlimited access t=
o the Rigzone.com Career Center. Search by residence location, experience =
and/or skill set categories to quickly and easily find and contact industry=
engineers, managers, technicians and rig hands. http://www.rigzone.com/job=
s/recruiter.asp Industry Headlines [IMAGE] [IMAGE] [IMA=
GE] Kuwait Resumes Partial Production Kuwait has resumed partial crude pr=
oduction at its northern fields. PDVSA Begins 3 Year Offshore Exploration=
Program PDVSA's justlaunched a three-year, $375 million offshore natural =
gas exploration program in the Atlantic near the Deltana platform area. PD=
VSA Refuses to Comment on Lawsuit PDVSA has refused to comment on a lawsui=
t it is facing from Lyondell Chemical Co. for allegedly breaking a crude oi=
l supply contract. [IMAGE] [IMAGE] advertisement Welcome to the worl=
d of Thuraya, where communication knows no boundaries. Thuraya provides mob=
ile satellite telephony to 99 countries throughout Europe, North and Centra=
l Africa, the Middle East, Central Asia and the Indian Sub-continent. With =
a combination of cellular and satellite phone capabilities bolstered by GPS=
and data features, Thuraya provides the total communications solution you'=
ve been looking for. Click for more... Exploration [IMAGE] =
[IMAGE] [IMAGE] Panaco Successful at North White Lake Panaco's Nort=
h White Lake No. 1 well encountered 55 feet of net pay. Production from th=
is well could begin as early as April. Bligh Oil To Begin Exploration Offs=
hore Southwest China Bligh Oil and its partners plan to begin drilling on =
Block 22/12, located in the Beibu Gulf, offshore southwest China later this=
month. Morocco To Invest in Offshore Exploration Morocco's oil refiner S=
amir will invest up to $40 million in oil exploration over the next several=
years and will focus on offshore exploration. PetroQuest Announces Succes=
s at Chenin Blanc Prospect PetroQuest Energy, Inc. reported its first disc=
overy of 2002 in the Chenin Blanc Prospect in the Company'sShip Shoal 72 Fi=
eld. [IMAGE] [IMAGE] Production [IMAGE] [IMAGE] [IMAGE]=
CNR Turns On the Tap At Espoir Field Offshore Cote d'Ivoire Canadian Nat=
ural Resources Limited announces that oil production from the Espoir Field,=
offshore Cote d'Ivoire, Africa, commenced on February 4, 2002 at 8,500 bar=
rels per day. Williams Starts Up Gulf of Mexico Deepwater Pipelines Willi=
ams has begun receiving oil and natural gas into new deepwater pipelines th=
at were recently completed in the western Gulf of Mexico. [IMAGE] [IMA=
GE] Company & Financial News [IMAGE] [IMAGE] [IMAGE] Chevro=
nTexaco Announces 2002 Spending Budget ChevronTexaco Corp. is! reducing it=
s capital spending this year by 22 percent from 2001 due mainly to merger-r=
elated efficiencies. [IMAGE] [IMAGE] Last 7 Days Top Stories [IM=
AGE] [IMAGE] [IMAGE] BP Could Cut Jobs in the North Sea BP is co=
nsidering cutting some of its 3,600 Aberdeen-based workforce in a bid to co=
ntrol rising costs. Anadarko Plans to Spend $2 Billion in 2002 Anadarko P=
etroleum Corporation said that its board of directors has approved an initi=
al capital spending budget of $2 billion for 2002 this is down from the $3.=
3 billion approved for 2001. Honeywell Lands Belanak Contract Honeywell I=
ndustry Solutions has been selected as the automation supplier for the Bela=
nak oil field development project in Indonesia. Kvaerner and Aker Form Sh=
ipbuilding Company Kvaerner and Aker RGI will establish a jointly owned sh=
ipbuilding management company. Together, the two groups own 12 shipyards in=
Europe, and one in the! USA and Brazil. Amerada Hess Hits Offshore Equato=
rial Guinea Amerada Hess Corporation reported that it has made another sig=
nificant oil discovery offshore Equatorial Guinea in the Rio Muni Basin. O=
PEC Expects To Increase Market Domination OPEC's oil production and its do=
mination of the oil market are expected to increase gradually over the next=
two decades, with the group's output rising to more than 50% of global oil=
demand by 2020, a recent OPEC study says. McMoRan Successful at Mound Poi=
nt #2 Well This well confirms McMoRan's exploration concept for the Mound =
Point area which is one of the largest geologic structures in the shallow w=
aters offshore Louisiana. Varco Revenue Up 46% Varco's net income in 2001=
more than doubled that of 2000. Gulf Marine Wins Matterhorn TLP Topsides =
Project Technip-Coflexip Group announced that Atlantia Offshore Limited ha=
s awarded Gulf Marine Fabricators a fabrication contract for the Matterhorn=
dry-tree TLP topsides facility and foundation piles. West Navion Experien=
ces More Delays Operations on the drill ship, West Navion, offshore Canada=
continues to be suspended, due to repair work on the main sheaves in the R=
amRig derrick. Pertamina Bidding for Devon Indonesia Assets Pertamina is =
ready to submit a bid to acquire Devon Energy's local assets. Kuwaiti Oil =
Minister Offers to Step Down Kuwaiti members of parliament ! have called f=
or the resignation of the entire government following last week's explosion=
at an oil plant where four workers were killed and sixteen were injured. =
[IMAGE] [IMAGE] Upcoming Oil & Gas Industry Events [IMAGE] [=
IMAGE] [IMAGE] Feb. 7 Marine Construction 2002 Houston Feb. 10 =
2002 SPE International Petroleum Conference & Exhibition in Mexico Villah=
ermosa Feb. 26 2002 IADC/SPE Drilling Conference and Exhibition Dallas=
Feb. 26 Offshore Oil and Gas Safety Seminars Aberdeen Feb. 27 Human=
Resources in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeting Houston M=
ar. 17 Oil Field Chemistry Symposium - 13th International Geilo Mar. 20=
LNG North America Houston Apr. 9 2002 SPE/ICoTA Coiled Tubing Conf=
erence and Exhibition Houston May. 6 Offshore Technology Conference 20=
02 Houston list your conference view upcoming events [IMAGE] [IMAGE]=
[IMAGE] [IMAGE] [IMAGE] Click here to go to Baker Hughes AADE Glo=
bal Completion Service HoverDril Ocean International [IMAGE] [IMAGE] =
promote your company [IMAGE] [IMAGE] [IMAGE] Integrated Petroleum =
Reservoir Management: A Team Approach [IMAGE] [IMAGE] Corrosion Control =
[IMAGE] [IMAGE] The Petroleum Shipping Industry, Volume 2 [IMAGE] [IMAGE=
] [IMAGE] more products [IMAGE] [IMAGE] [IMAGE] featured equipm=
ent: West Africa Located Cooper LTO 750 [IMAGE] Ideco H-35 DD Drive-in =
Rig [IMAGE] [IMAGE] [IMAGE] more equipment [IMAGE] [IMAGE] =
featured jobs: - Completion Specialist - Supervisor, Directional Drille=
r Job Code 4774 - Sales Engineer more hot jobs << featured cand=
idates: - Procurement Manage! - Specialty Oilfield Drilling - Senior=
Drilling & Workover Specialist search for candidates << [IMAGE] [I=
MAGE] [IMAGE] [IMAGE] Drillships: To 5000': 57.1% (8/14) +5000':=
96.0% (24/25) Semisubs: 2nd Gen: 69.9% (51/73) 3rd Gen: 84.0% (42/=
50) 4th Gen: 97.4% (37/38) 5th Gen: 85.7% (6/7) Jackups: To 200': 5=
3.7% (36/67) 200' MC: 50.0% (12/24) 200' MS: 14.3% (3/21) 300' IC: 8=
8.5% (85/96) +300' IC: 94.4% (51/54) Severe Env.: 90.5% (19/21) [IMAGE=
] [IMAGE] view complete utilization report [IMAGE] [IMAGE] Light =
Crude Oil: $19.68/BBL (-1.94%) Brent Crude Oil: $19.27/BBL (-1.53%) Nat=
ural Gas: $2.10/MMBtu (1.45%) Unleaded Gasoline: $0.57/gal (-1.72%) pri=
ces from: 2/6/2002 change since: 2/5/2002 [IMAGE] [IMAGE] =09[IMAGE]=
=09

[IMAGE][IMAGE]
Promotional Opportunities Become a Sponsor, feature your job opening or, a=
dvertise your upcoming industry conference. Click here for more informat=
ion, send your press release to info@rigzone.com or call us at 281-345-40=
40. Member Services If you no longer wish to receive this newsletter, you=
may unsubscribe by clicking here or by logging in to Rigzone and 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 her=
e to log in . =09

[IMAGE]