Enron Mail

From:newsletter@rigzone.com
To:darrell.schoolcraft@enron.com
Subject:RIGZONE Industry News
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Date:Wed, 20 Mar 2002 15:07:47 -0800 (PST)


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=09Thursday March 21, 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] Results Are In For GOM Lease S=
ale 182 The MMS Gulf of Mexico Lease Sale 182 attracted $363,210,467 in hi=
gh bids from 77 companies. [IMAGE] [IMAGE] Landmark Graphics Releas=
es SpecDecomp Landmark Graphics Corporation has released SpecDecomp(TM), =
a new, innovative reservoir imaging and interpretation technology solution.=
SpecDecomp provides greater resolution of reservoir boundaries, heterogene=
ities and thickness than previously possible with traditional broadband sei=
smic displays. For more information click here . Exploration [IMA=
GE] [IMAGE] [IMAGE] Unocal Adds to GOM Acreage Unocal was appare=
nt high bidder for interests in 18 blocks in the Central Gulf of Mexico OCS=
Lease Sale No. 182. Spinnaker Higher Bidder of 40 GOM Blocks Spinnaker p=
articipated in a total of 56 bid submissions, second most by industry fo! r=
OCS Sale #182. Devon Higher Bidder of Four GOM Blocks Devon Energy Corpo=
ration was the apparent high bidder on four shallow water blocks in today's=
Central Gulf of Mexico Lease Sale 182. ChevronTexaco Awarded Block Offsho=
re Cambodia ChevronTexaco together with Mitsui has won an exploration lice=
nse offshore Cambodia. [IMAGE] [IMAGE] Production [IMAGE] [=
IMAGE] [IMAGE] Oman Invites Bids for Gas Expansion Project Oman is pl=
anning a $150 million expansion of an upstream gas plant due to rapidly gro=
wing demand for LNG. ExxonMobil To Develop Bintang Field ExxonMobil annou=
nced plans to develop the Bintan! g field in the South China Sea to help me=
et growing gas demand in Malaysia. [IMAGE] [IMAGE] Company & Fin=
ancial News [IMAGE] [IMAGE] [IMAGE] Noble Drilling Purchases Two =
Semisubmersibles Noble Drilling has agreed to purchase two semisubmersible=
drilling rigs, the Transocean 96 and Transocean 97 for $31 million in cash=
. Conoco Acquires Additional Interests Offshore Norway Conoco will acquir=
e an additional 6-percent interest in the Heidrun field and an additional 1=
5-percent interest in the Njord field. [IMAGE] [IMAGE] Last 7 Da=
ys Top Stories [IMAGE] [IMAGE] [IMAGE] Murphy Awards Front Runner=
Contract ! Murphy has awarded a contract to J. Ray McDermott to construc=
t a Floating Production System for the Front Runner Project. Halliburton M=
ay Divide Into Separate Business Units Halliburton Co. may separate into t=
wo independent subsidiaries by midyear. Hugo Chavez Could Order Army to Ru=
n PDVSA Venezuelan President Hugo Chavez said on Sunday he would order the=
armed forces to take over PDVSA if protesting executives and employees tri=
ed to halt the company's operations through a strike action. Rowan Gorilla=
V Contract Dispute is Resolved Rowan Companies, Inc. reported that an agr=
eement has been reached to resolve a dispute over the Rowan Gorilla V contr=
act. Tartan Commences 170 Well D! rilling Program in California Tartan En=
ergy Inc. announces a 170 development well, shallow reserve drilling progra=
m to commence in April 2002. Kerr-McGee Increases 2002 Budget by 15% Kerr=
-McGee Corp. has increased its capital budget for exploration and productio=
n development projects by 15%, or $120 million, to approximately $900 milli=
on. Santos To Acquire Esenjay Exploration Santos and Esenjay Exploration =
have entered into a definitive merger agreement. Kerr-McGee Scores with Na=
vajo Kerr-McGee Corp. announced three oil and gas discoveries on separate=
fault blocks at the Navajo field in its core East Breaks area of the deepw=
ater Gulf of Mexico. In-Depth Systems Successfully U! ses RFID Technology =
for Marathon Well In-Depth Systems, Inc. has successfully proven its RFID =
technology for firing the perforation guns to complete a Marathon well in A=
laska. TotalFinaElf Acquires Block 34 in Oman TotalFinaElf has signed an =
Exploration and Production Sharing Agreement with the Oman Ministry of Petr=
oleum, taking a 100% interest as operator in Block 34. Brazil To Fund New =
Exploration Research ANP has over $430 million designated for research in =
Brazil, including the gathering of geological data and seismic prospecting =
which is normally handled by Petrobras. PanCanadian and AEC Get Green Ligh=
t AEC and PanCanadian announced that the waiting period under the Hart-Sco=
tt-Rodino Antitrust Act ended on March 18, 2002, without inqui! ry by the U=
.S. Federal Trade Commission or the U.S. Department of Justice. [IMAGE] =
[IMAGE] The SGI Energy Summit 2002 - Visualizing the Future [IMAGE] Hea=
r what leaders of top corporations, crucial software providers, and key pol=
icy makers have to say about the impact of advanced technology on the futur=
e of our industry. This summit promises to fish for all the critical answer=
s to this industry's future success. To learn more, click here! U=
pcoming Oil & Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Apr. 2 =
e-Business in the E?Industry - Targeting the Value Houston Apr. 7 =
CORROSION/2002 Denver Apr. 8 Weatherman's Classic Charity Golf Tournam=
ent Houston Apr. 9 2002 SPE/ICoTA Coiled Tubing Conference and Exhibit=
ion Houston May. 1 Nigeria Oil & Gas 2002 London May. 6 Offshore =
Technology Conference 2002 Houston May. 13 Introduction to the Petroleu=
m Industry Houston May. 21 Oil and Gas in the Gulf of Guinea London Ju=
n. 23 Ocean Mechanics and Arctic Engineering 2002 Oslo Aug. 27 ONS 2=
002 Conference and Exhibition Stavanger list your conference view upcomi=
ng events [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Click here to =
go to Baker Hughes AADE Horizon Offshore HoverDril [IMAGE] [IMAGE] =
promote your company [IMAGE] [IMAGE] [IMAGE] Power Play: Who's In C=
ontrol of the Energy Revolution [IMAGE] [IMAGE] D & D Standard Oil Abbrev=
iator, 5th Edition [IMAGE] [IMAGE] Ship Construction Sketches and Notes 2=
nd Ed. [IMAGE] [IMAGE] [IMAGE] more products [IMAGE] [IMAGE] [=
IMAGE] featured equipment: Ambar Marine 26' Fast Rescue Boats [IMAGE] =
4 1/2-inch 19.2 Lbs Pipe [IMAGE] [IMAGE] [IMAGE] more equipment =
[IMAGE] [IMAGE] featured jobs: - Manager- Crude Oil Supply - Senior=
Project Engineer - Senior Procurement Manager more hot jobs << featur=
ed candidates: - Finance Manager - Production Superintendent - Senior El=
ectronics Technician search for candidates << [IMAGE] [IMAGE] [IMA=
GE] [IMAGE] Drillships: To 5000': 57.1% (8/14) +5000': 96.0% (24/25)=
Semisubs: 2nd Gen: 63.9% (46/72) 3rd Gen: 86.0% (43/50) 4th Gen: 9=
4.7% (36/38) 5th Gen: 85.7% (6/7) Jackups: To 200': 56.1% (37/66) 20=
0' MC: 45.8% (11/24) 200' MS: 19.0% (4/21) 300' IC: 89.6% (86/96) +30=
0' IC: 94.4% (51/54) Severe Env.: 81.0% (17/21) [IMAGE] [IMAGE] vi=
ew complete uti! lization report [IMAGE] [IMAGE] Light Crude Oil: $2=
4.90/BBL (-0.24%) Brent Crude Oil: $24.66/BBL (-1.00%) Natural Gas: =
$3.08/MMBtu (-4.05%) Unleaded Gasoline: $0.81/gal (-3.57%) prices from:=
3/20/2002 change since: 3/19/2002 [IMAGE] [IMAGE] [IMAGE] =09[=
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ning or, advertise your upcoming industry conference. Click here for mor=
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