Enron Mail

From:newsletter@rigzone.com
To:darrell.schoolcraft@enron.com
Subject:RIGZONE Industry News
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Date:Tue, 15 Jan 2002 15:13:07 -0800 (PST)


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=09Wednesday January 16, 2002=09[IMAGE] =09=09=09
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[IMAGE]=09=09home | news | search | maps | data | jobs | =
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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] Rowan Announces 2001 Net Incom=
e For the year ended December 31, 2001, Rowan generated net income of $77.=
0 million, or $.80 per share, compared to $70.2 million, or $.74 per share,=
in 2000. Enron Releases UBS Deal Details The Enron/UBS deal for Enron's =
North American trading operation will entitle Enron to receive one-third of=
the profits generated by the new t! rading entity. [IMAGE] [IMAGE] a=
dvertisement A National-Oilwell designed, 1992 built modular offshore dril=
ling rig is available for sale direct from the manufacturer. This rig dril=
led only 5 wells from the Draugen platform in the Norwegian sector of the N=
orth Sea. Click on the link below for full details, photos and seller cont=
act information: http://www.rigzone.com/market/surplus_listing.asp?eq_id=
=3D397 Exploration [IMAGE] [IMAGE] [IMAGE] Venture To =
Begin Drilling Program on Sycamore Field Venture Production will start dri=
lling in May of this year at its Sycamore field in the UK Sector of the Nor=
th Sea. [IMAGE] [IMAGE] Production [IMAGE] [IMAGE] [IMA=
GE] Statoil Sells First Oil From Girassol Statoil has sold its first load=
of crude - one million barrels - from the TotalFinaElf-operated Girassol f=
ield offshore Angola. CNOOC Taps Fuel Oil Market CNOOC Ltd. is considerin=
g selling its new crude oil from the offshore QHD 32-6 field in the Bohai B=
ay as burning fuel. Production Resume at Norne Field Statoil reports that=
its Norne Field located in the Norwegian sector of the North Sea has r! es=
umed its output after being shut-in due to bad weather. Anadarko's Algeria=
n Field Onstream Early Anadarko starts up production from the Hassi Berkin=
e oil field in Blocks 404 and 403 two months ahead of schedule. Magnum Hun=
ter Enters GOM Sale-Leaseback Deal Magnum Hunter Resources, Inc. has enter=
ed into a sale-leaseback transaction on three newly constructed offshore pr=
oduction platforms and associated pipelines that were recently placed into =
service. [IMAGE] [IMAGE] Company & Financial News [IMAGE] [=
IMAGE] [IMAGE] Energy Partners Completes Hall-Houston Acquisition Ene=
rgy Partners, Ltd. has completed the acquisition of Hall-Houston and has el=
ected Gary Hall, HHOC's founde! r, to the post of Vice-Chairman of EPL. De=
lta Petroleum Acquires Castle Energy Assets Delta Petroleum has entered in=
to an agreement to purchase all of the domestic oil & gas properties of Cas=
tle Energy Corporation in a cash and stock deal. Husky Plans to Spend $1.4=
Billion in 2002 Husky Energy Inc. announced a capital spending plan of $1=
.4 billion for 2002. Husky will spend approximately $975 million of the 20=
02 budget in Western Canada. [IMAGE] [IMAGE] advertisement [IMAGE] =
Human Resources in Oil and Gas is the comprehensive HR forum for the indust=
ry. The conference will deal with attracting and retaining quality staff an=
d dealing with the effects of mergers, acquisitions, and restructuring. Thi=
s conference is a must for anyone involved in the often hectic human resour=
ces decisions of todays oil and gas companies. HR in Oil and Gas is being h=
eld in Aberdeen on February 27 and 28. Click here for more information. =
Last 7 Days Top Stories [IMAGE] [IMAGE] [IMAGE] BP Scales=
Back Alaskan Operations BP has decided to downsize its staff in Anchorage=
and shelve its Liberty project at this time. PetroChina and Shell Sign Ga=
s Pipeline Deal PetroChina and Shell have entered into a preliminary agree=
ment for an $18 billion East/West China pipeline project. Former Enron Exe=
cs Start New Company Several former Enron senior executives have formed a =
new company to provide risk management services to the energy industry. To=
rch Offshore Purchases Construction Vessel Torch Offshore has purchased a=
520-foot vessel which it intends to convert to a DP-2 offshore constructio=
n vessel and rename the Midnight Express. National-Oilwe! ll Acquires HALC=
O National-Oilwell has acquired HAL Oilfield Pump & Equipment Company. An=
derson Employees Destroy Enron Documents Andersen reports that individuals=
in the firm have disposed of a significant number of electronic and paper =
documents and correspondence relating to the Enron account Devon Hits Offs=
hore Brazil Devon Energy has made a discovery in the shallow waters of Cam=
pos Basin offshore Brazil. Petrobras Awards FMC $17 Million Contract FMC =
will provide Petrobras with three deepwater solutions with a contract value=
of approximately $17 million. Anadarko Petroleum Provides 2002 Outlook A=
nadarko Petroleum Corporation outlines its expectations for capital! spendi=
ng for 2002 and offers guidance on 2001 financial and operating results. K=
err-McGee Announces 2002 Capital Budget Kerr-McGee to allocate $310 millio=
n of its 2002 exploration and production budget for the North Sea. Novus P=
etroleum Hits in the Gulf of Mexico The La Playa-1 well in the western Gul=
f of Mexico offshore Padre Island has discovered natural gas. Malaysia, In=
donesia & Vietnam Enter Joint Venture The national oil companies of Malay=
sia, Indonesia and Vietnam have signed a joint venture agreement to explore=
for oil offshore Vietnam. [IMAGE] [IMAGE] Upcoming Oil & Gas In=
dustry Events [IMAGE] [IMAGE] [IMAGE] Jan. 22 Alliances and Pa=
rtnering in Oil & Gas Singapore Feb. 6 Torch Mid-Winter Energy Confer=
ence New York Feb. 7 Marine Construction 2002 Houston Feb. 10 2002=
SPE International Petroleum Conference & Exhibition in Mexico Villahermos=
a Feb. 26 2002 IADC/SPE Drilling Conference and Exhibition Dallas Feb.=
26 Offshore Oil and Gas Safety Seminars Aberdeen Feb. 27 Human Reso=
urces in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeting Houston Mar. 2=
0 LNG North America Houston Apr. 9 2002 SPE/ICoTA Coiled Tubing Con=
ference and Exhibition Houston list your conference view upcoming events=
[IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Horizon Offshore Globa=
l Completion Service HoverDril DataLog Baker Hughes [IMAGE] [IMAGE] =
promote your company [IMAGE] [IMAGE] [IMAGE] The Abandonment of Of=
fshore Oil & Gas Fields [IMAGE] [IMAGE] Mapper 30-Day Trial CD [IMAGE] [=
IMAGE] Gulf of Mexico Activity Report [IMAGE] [IMAGE] [IMAGE] more =
products [IMAGE] [IMAGE] featured equipment: BOP Closing Units [IMAG=
E] 650 Ton Maritime Hydraulics Topdrive [IMAGE] [IMAGE] [IMAGE] m=
ore equipment [IMAGE] [IMAGE] featured jobs: - Project Manager - S=
ales & Account Manager - Safety Advisors more hot jobs << featured can=
didates: - Well Rounded Rig Supervision with Safety First. - Gulf of Mexi=
co Production Operator - Mud Logger - Well Site Geologist search for can=
didates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillships: To 5000':=
50.0% (7/14) +5000': 96.0% (24/25) Semisubs: 2nd Gen: 67.1% (49/73=
) 3rd Gen: 86.0% (43/50) 4th Gen: 100.0% (38/38) 5th Gen: 100.0% (7/7=
) Jackups: To 200': 56.7% (38/67) 200' MC: 50.0% (12/24) 200' MS: =
14.3% (3/21) 300' IC: 86.5% (83/96) +300' IC: 90.7% (49/54) Severe Env.=
: 81.0% (17/21) [IMAGE] [IMAGE] view complete utilization report =
[IMAGE] [IMAGE] Light Crude Oil: $18.48/BBL (-2.79%) Brent Crude Oil: =
$19.73/BBL (-0.20%) Natural Gas: $2.29/MMBtu (1.33%) Unleaded Gasoline:=
$0.53/gal (-3.64%) prices from: 1/15/2002 change since: 1/14/2002 [IM=
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=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 =
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