Enron Mail

From:newsletter@rigzone.com
To:darrell.schoolcraft@enron.com
Subject:RIGZONE Industry News
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Date:Sun, 6 Jan 2002 17:44:28 -0800 (PST)


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=09Monday January 7, 2002=09[IMAGE] =09=09=09=09
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[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] Tanker Recovery In Progress T=
wo salvage vessels are en route to the tanker that ran aground off the Corn=
ish coast. Jordan and Algeria Improve Exploration Commitment Jordan and A=
lgeria improve relations and strengthen their commitment to jointly explore=
for oil & gas. Halliburton Says the Rumors A! re Not True Halliburton sa=
ys there is no basis for the rumors that the company has filed for bankrupt=
cy. [IMAGE] [IMAGE] Exploration [IMAGE] [IMAGE] [IMAGE]=
Santos to Focus on Western Australia During the first quarter of 2002, S=
antos is going to focus its exploration efforts on the Carnarvon Basin offs=
hore Western Australia. PanCanadian Decides Against Fourth Well PanCanadi=
an has decided not to drill a fourth exploratory offshore Nova Scotia this =
spring. Apache Makes Egyptian Discovery Apache has made its first wildcat=
discovery of 2002 in Egypt's Western Desert on the Khalda Concession. [=
IMAGE] Production [IMAGE] [IMAGE] [IMAGE] [IMAGE] First Oil Ex=
pected from Terra Nova This Month After several delays, Terra Nova is sche=
dules to come on stream at the end of January. Prosafe Awarded FPSO Work O=
ffshore Nigeria Prosafe has been awarded an eight-year contract for an FPS=
O to work on the Abo field offshore Nigeria by a consortium led by Agip. F=
irst Gas Flows from Skene Field ExxonMobil turns on the tap in the Skene f=
ield located in the UK sector of the North Sea. Pegasus Awarded Subsea Con=
tract by Talisman Pegasus International has been awarded a subsea engineer=
ing design contract on the Kildrummy field in the UK sector of the North Se=
a. [IMAGE] Company & Financial News [IMAGE] [IMAGE] [=
IMAGE] Naftex Secures Financing for Brazilian Offshore Exploration Naftex=
has secured financing for its share of the cost of exploration on Block BS=
-3 in the Santos Basin offshore Brazil. Newfield Makes Management Changes =
Newfield Exploration has made management changes in Australia and Anadarko=
Basin office locations. [IMAGE] [IMAGE] advertisement A National-Oi=
lwell designed, 1992 built modular offshore drilling rig is available for s=
ale direct from the manufacturer. This rig drilled only 5 wells from the D=
raugen platform in the Norwegian sector of the North Sea. Click on the lin=
k below for full details, photos and seller contact information: http://w=
ww.rigzone.com/market/surplus_listing.asp?eq_id=3D397 Last 7 Day=
s Top Stories [IMAGE] [IMAGE] [IMAGE] MMS Approves Use of FPSOs I=
n Gulf of Mexico The U.S. Minerals Management Service has approved the use=
of FPSO vessels in the central and western portions of the Gulf of Mexico.=
Enron Receives Approval to Sell Two Assets On December 28th a judge appr=
oved the sale of two of Enron's assets at a value of $310 million. Maratho=
n Acquires Interests in Equatorial Guinea Marathon has completed its acqui=
sition of CMS Energy's interests in Equatorial Guinea for $993 million. Na=
bors Changes Corporate Structure Nabors Industries Board of Directors has =
approved a plan to reorganize the company and change its place of incorpora=
tion from Delaware to Bermuda. Kvaerne! r Receives Final Approval for Resc=
ue Plan Kvaerner has received approval from the final group of lenders for=
the rescue plan that would merge Kvaerner and Aker Maritime. Halliburton =
Introduces New Perforation Flow Laboratory Halliburton has added its Perfo=
ration Flow Laboratory to its PerfPro process to provide detailed instrumen=
tation and controlled-laboratory conditions that can allow insight into phy=
sical phenomena occurring in the reservoir during complicated perforating a=
nd multi-phase flow events. FMC Corporation Spins Off FMC Technologies FM=
C Corporation has distributed all of its remaining shares in FMC Technologi=
es making it a fully independent company. Marathon Begins Trading on NYSE =
Marathon Oil Corporation has begun trading on t! he New York Stock Exchang=
e as a standalone company following the separation of Marathon Group and U.=
S. Steel. Smedvig's CEO Resigns Christian Bull Eriksson has announced tha=
t he will step down as CEO of Smedvig ASA effective immediately. SMOE Awar=
ded North Sea Platform Contract SembCorp has been awarded a contract by Ma=
ersk for the installation of a process deck and accommodation module in the=
North Sea. 3TEC Energy Completes Merger with Enex Resources 3TEC Energy =
has completed its merger with Enex Resources effective December 31, 2001. =
Regent Energy Acquires Bayou Bouillon Gas Field Regent Energy has closed i=
ts acquisition of Bayou Bouillon gas fields in Southern Louisiana. [IMAGE]=
[IMAGE] Upcoming Oil & Gas Industry Events [IMAGE] [IMAGE] =
[IMAGE] Jan. 22 Alliances and Partnering in Oil & Gas Singapore Feb=
. 7 Marine Construction 2002 Houston Feb. 10 2002 SPE International=
Petroleum Conference & Exhibition in Mexico Villahermosa Feb. 26 2002 =
IADC/SPE Drilling Conference and Exhibition Dallas Feb. 27 Human Resou=
rces in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeting Houston Apr. 9 =
2002 SPE/ICoTA Coiled Tubing Conference and Exhibitio! Houston May. 6=
Offshore Technology Conference 2002 Houston Aug. 27 ONS 2002 Confe=
rence and Exhibition Stavanger Oct. 6 Society of Exploration Geophysic=
ists Annual Meeting Salt Lake City list your conference view upcoming ev=
ents [IMAGE] [IMAGE] =09[IMAGE]=09 [IMAGE] [IMAGE] INTEC Horizon =
Offshore Global Completion Service HoverDril DataLog [IMAGE] [IMAGE]=
promote your company [IMAGE] [IMAGE] [IMAGE] Horizontal Well Tech=
nology [IMAGE] [IMAGE] Contributions in Petroleum Geology and Engineering=
: Volume 2 - Applied Open-Hole Log Analysis [IMAGE] [IMAGE] Principles of=
Ap! plied Reservoir Simulation, 2nd Ed. [IMAGE] [IMAGE] [IMAGE] more=
products [IMAGE] [IMAGE] [IMAGE] featured equipment: Ideco H-35 D=
D Drive-in Rig [IMAGE] Maritime Hydraulics Iron Roughneck [IMAGE] [I=
MAGE] [IMAGE] more equipment [IMAGE] [IMAGE] featured jobs: - E=
lectrical Engineer - Naval Architect - Offshore Safety Coordinator more=
hot jobs << featured candidates: - Electrical & Instrumentation QA/QC I=
nspector - Wo! rkover/Completion Supervisor - Oil Field Electrician sea=
rch for candidates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillships:=
To 5000': 50.0% (7/14) +5000': 100.0% (25/25) Semisubs: 2nd Gen: =
67.1% (49/73) 3rd Gen: 82.0% (41/50) 4th Gen: 100.0% (38/38) 5th Gen: =
100.0% (7/7) Jackups: To 200': 56.7% (38/67) 200' MC: 54.2% (! 13/2=
4) 200' MS: 14.3% (3/21) 300' IC: 87.5% (84/96) +300' IC: 88.9% (48/5=
4) Severe Env.: 81.0% (17/21) [IMAGE] [IMAGE] view complete utilizat=
ion report [IMAGE] [IMAGE] Light Crude Oil: $21.61/BBL (6.09%) Bren=
t Crude Oil: $22.98/BBL (11.28%) Natural Gas: $2.20/MMBtu (-2.65%) Unle=
aded Gasoline: $0.63/gal (10.53%) prices from: 1/4/2002 change since: 1=
/3/2002 [IMAGE] [IMAGE]! =09[IMAGE]=09

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