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Enron Mail |
=09=09=09[IMAGE]=09=09 =09Friday March 22, 2002=09iOTC =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] OPEC Went Over Production Limi= t in February OPEC members pumped 779,000 barrels per day above agreed lim= its in February. Ocean Rig Sells Two Baredecks to Noble Drilling Ocean Ri= g has agreed to sell its two baredeck hulls to Noble Drilling for US $45 mi= llion. [IMAGE] [IMAGE] Landmark Graphics Releases SpecDecomp Land= mark Graphics Corporation has released SpecDecomp(TM), a new, innovative re= servoir imaging and interpretation technology solution. SpecDecomp provides= greater resolution of reservoir boundaries, heterogeneities and thickness = than previously possible with traditional broadband seismic displays. For = more information click here . Exploration [IMAGE] [IMAGE] = [IMAGE] Santos' Norfolk-1 Well Could Be Big The Norfolk wildcat oil well= off the coast of Western Australia could hold up to 70 million barrels ! o= f oil. 4D Seismic Survey Begins Offshore New Zealand 4D Seismic work will= begin shortly on the Maui gas field offshore New Zealand. Saudi Aramco Ma= kes Discovery in Eastern Saudi Arabia Saudi Aramco has found oil and gas i= n three wells in the kingdom's eastern province. Dana Increases UK Portfol= io Dana Petroleum is exchanging UK North Sea assets with Agip. [IMAGE] = [IMAGE] Pr! oduction [IMAGE] [IMAGE] [IMAGE] Petrobras Se= es Rise in February Output Brazil's average daily oil production totaled 1= .48 million barrels in February. [IMAGE] [IMAGE] Company & Finan= cial News [IMAGE] [IMAGE] [IMAGE] Duke Energy Acquires ChevronTex= aco Assets Duke Energy Field Services has signed agreements to acquire Che= vronTexaco's 33.3 percent-ownership interest in Discovery Producer Services= , LLC. Cooper Cameron Enters Into New Revolving Credit Agreement Cooper = Cameron Corporation has entered into a Revolving Credit Agreement with a sy= ndicate of relationship banks led by Bank One, NA. Unit Corporation Acquir= es Twenty Drilling Rigs Unit Corporation has reached an agreement with a = privately-held company to acquire twenty drilling rigs and related equipmen= t for 7.5 million shares of Unit Corporation common stock. Ensco Enhances = Ri! g Fleet Communications System Ensco International will soon begin to i= nstall a new communications system onboard all of its Gulf of Mexico jackup= rigs. TotalFinaElf Increases Stake in Oseberg TotalFinaElf has signed an= agreement with the Norwegian authorities to increase its interests in the = Oseberg fields in the Norwegian North Sea. [IMAGE] [IMAGE] Last = 7 Days Top Stories [IMAGE] [IMAGE] [IMAGE] Halliburton May Divide= Into Separate Business Units Halliburton Co. may separate into two indepe= ndent subsidiaries by midyear. Murphy Awards Front Runner Contract Murphy= has awarded a contract to J. Ray McDermott to construct a Floating Produc= tion System for the Fro! nt Runner Project. Hugo Chavez Could Order Army t= o Run PDVSA Venezuelan President Hugo Chavez said on Sunday he would order= the armed forces to take over PDVSA if protesting executives and employees= tried to halt the company's operations through a strike action. Rowan Gor= illa V Contract Dispute is Resolved Rowan Companies, Inc. reported that an= agreement has been reached to resolve a dispute over the Rowan Gorilla V c= ontract. Noble Drilling Purchases Two Semisubmersibles Noble Drilling has= agreed to purchase two semisubmersible drilling rigs, the Transocean 96 an= d Transocean 97 for $31 million in cash. Kerr-McGee Increases 2002 Budget = by 15% Kerr-McGee Corp. has increased its ! capital budget for exploration= and production development projects by 15%, or $120 million, to approximat= ely $900 million. Brazil To Fund New Exploration Research ANP has over $4= 30 million designated for research in Brazil, including the gathering of ge= ological data and seismic prospecting which is normally handled by Petrobra= s. Kerr-McGee Scores with Navajo Kerr-McGee Corp. announced three oil an= d gas discoveries on separate fault blocks at the Navajo field in its core = East Breaks area of the deepwater Gulf of Mexico. Santos To Acquire Esenja= y Exploration Santos and Esenjay Exploration have entered into a definitiv= e merger agreement. Spinnaker Higher Bidder of 40 GOM Blocks ! Spinnaker = participated in a total of 56 bid submissions, second most by industry for = OCS Sale #182. PanCanadian and AEC Get Green Light AEC and PanCanadian an= nounced that the waiting period under the Hart-Scott-Rodino Antitrust Act e= nded on March 18, 2002, without inquiry by the U.S. Federal Trade Commissio= n or the U.S. Department of Justice. Unocal Adds to GOM Acreage Unocal wa= s apparent high bidder for interests in 18 blocks in the Central Gulf of Me= xico OCS Lease Sale No. 182. [IMAGE] [IMAGE] Upcoming 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 Tournament Houston A= pr. 9 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition Houston M= ay. 1 Nigeria Oil & Gas 2002 London May. 6 Offshore Technology Con= ference 2002 Houston May. 13 Introduction to the Petroleum Industry Ho= uston May. 21 Oil and Gas in the Gulf of Guinea London Jun. 23 Ocean= Mechanics and Arctic Engineering 2002 Oslo Aug. 27 ONS 2002 Conference= and Exhibition Stavanger list your conference view upcoming events [I= MAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Click here to go to Baker Hug= hes AADE Horizon Offshore HoverDril [IMAGE] [IMAGE] promote your c= ompany [IMAGE] [IMAGE] [IMAGE] The Management of International Oil O= perations [IMAGE] [IMAGE] Rules-of-Thumb for the Man on the Rig [IMAGE] = [IMAGE] Introduction to Marine Engineering 2nd Edition [IMAGE] [IMAGE] = [IMAGE] more products [IMAGE] [IMAGE] [IMAGE] featured equipment= : Wartsila Generator Sets [IMAGE] 4 1/2-inch 19.2 Lbs Pipe [IMAGE] [I= MAGE] [IMAGE] more equipment [IMAGE] [IMAGE] featured jobs: - M= aintenance Superintendent - I/E Technician - Operations Superintendent = more hot jobs << featured candidates: - Sales Engineer - M.S. Student i= n Petroleum Engineering - Management - Operator & Service Company search= for candidates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillshi= ps: To 5000': 57.1% (8/14) +5000': 96.0% (24/25) Semisubs: 2nd Gen: = 62.5% (45/72) 3rd Gen: 86.0% (43/50) 4th Gen: 94.7% (36/38) 5th Gen: = 85.7% (6/7) Jackups: T! o 200': 56.1% (37/66) 200' MC: 45.8% (11/2= 4) 200' MS: 19.0% (4/21) 300' IC: 88.5% (85/96) +300' IC: 94.4% (51/5= 4) Severe Env.: 81.0% (17/21) [IMAGE] [IMAGE] view complet= e utilization report [IMAGE] [IMAGE] Light Crude Oil: $25.55/BB= L (2.61%) Brent Crude Oil: $25.42/BBL (3.08%) Natural Gas: $3.37/MMBtu = (9.42%) Unleaded Gasoline: $0.82/gal (1.23%) prices from: 3/21/2002 cha= nge since: 3/20/2002 [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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