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Enron Mail |
=09=09=09[IMAGE]=09=09 =09Wednesday December 19, 2001=09Schlumberger =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] PDVSA to Spend $375 Million Of= fshore Trinidad PDVSA plans to spend $375 million over the next three year= s on a natural gas exploration project offshore Trinidad. OPEC To Meet in = Cairo on December 28th OPEC confirmed that it would meet in Cairo on Decem= ber 28th to discuss output cuts scheduled for January 1st. [IMAGE] [IM= AGE] advertisement Feature your surplus oilfield equipment or new product= s with a photo and banner ad on the Rigzone.com market place home page and = receive a free advertisement here in the Rigzone daily newsletter with up t= o 4 sentences of text. Exploration [IMAGE] [IMAGE] [IMAG= E] Shell Hits in Santos Basin Shell has made a discovery offshore Brazil = in block BS-4 located in the Santos Basin. The estimated reserves are betw= een 300 - 500 million barrels of oil. Santos and Esenjay Make Major Gas Di= scovery in Texas The Runnells #7 well tested at 22 million cubic feet of n= atural gas and over 500 barrels of condensate per day. Landmark Awarded Br= azilian E?Data Management Contract Landmark has been awarded a four-year E= ?data management contract by the Brazilian Geological Service to organize a= nd manage all Brazilian seismic and well E?data on behalf of ANP. [IMAGE= ] [IMAGE] Production [IMAGE] [IMAGE] [IMAGE] CNOOC Plans = To Develop Xihu! Trough in 2002 CNOOC is looking for foreign investors to = jointly develop natural gas from the Xihu Trough located in the East China = Sea. Saipem and Odebrecht form Joint Venture Saipem and Odebrecht have f= ormed a 50-50 joint venture to provide turn-key floating production service= s offshore Brazil and Angola. [IMAGE] [IMAGE] Company & Financia= l News [IMAGE] [IMAGE] [IMAGE] Burlington to Spend $1.3 Billion i= n 2002 Burlington Resources plans to spend $1.3 billion in 2002. Most of = the E?budget will be spent on development programs in Canada, Algeria, the = East Irish Sea and the United States. Atlantic Petroleum Plans Capital Exp= ansion Atlantic Petroleum, a Faroes! e independent oil company, is plannin= g a capital expansion of DKr100 million in 2002. Magnum Hunter and Prize E= nergy Announce Merger Magnum Hunter and Prize Energy announce plans to mer= ge in a deal valued at $1.2 Billion. Sakhalin-2 Reports 22 Percent Rise in= Production A consortium led by Shell reports that production offshore Rus= sia's Sakhalin Island has increased by 22 percent this year from 1.67 milli= on tons to 2.0 million. [IMAGE] [IMAGE] advertisement A National-Oil= well designed, 1992 built modular offshore drilling rig is available for sa= le direct from the manufacturer. This rig drilled only 5 wells from the Dr= augen platform in the Norwegian sector of the North Sea. Click on the link= below for full details, photos and seller contact information: http://ww= w.rigzone.com/market/surplus_listing.asp?eq_id=3D397 Last 7 Days= Top Stories [IMAGE] [IMAGE] [IMAGE] Bouygues Signs AIOC Contract= Following an interim accord with the AIOC consortium on July 11, Bouygues= Offshore has signed a contract worth US $163 million to supply offshore st= ructures for the Azeri field. Devon Energy to Sell Latin American Assets = Devon Energy is planning to sell several of its Latin American assets, loca= ted in Argentina and Brazil. Indonesia Will Tender 17 Blocks for Explorati= on Indonesia will tender 17 areas for oil exploration. Tender documents w= ill be available January/February 2002. Halliburton Expands Relationship w= ith Vanco Energy Halliburton continues to build upon its relationship with= Vanco Energy by signing an agreement for engineering and consulting servic= es in several deepwater reg! ions offshore West Africa. Murphy Plans to Sp= end $866 Million in 2002 Murphy Oil Corporation announces a capital progra= m of $866 million for 2002, essentially level with spending during 2001. E= nergy Partners to Acquire Hall-Houston Energy Partners has entered into an= agreement to acquire Hall-Houston Oil Company in a deal valued at approxim= ately $88.3 million. Conoco To Develop Deepwater Magnolia Field Conoco an= d Ocean Energy to develop the Magnolia Field in the deepwater Gulf of Mexic= o at a cost of $600 million. Phillips Announces 2002 Budget The board of = directors of Phillips Petroleum Company has approved $3.5 billion for capit= al projects in 2002. ChevronTexaco Interested in Joining Baku-Ceyhan Pipel= ine ChevronTexaco confirmed its plans to join the projected Baku-Ceyhan pi= peline, to run from Azerbaijan to Turkey. Pioneer Sets Budget for 2002 Pi= oneer Natural Resources Company announced that its Board of Directors has a= pproved a 2002 development and exploration capital budget of $425 million. = Denbury Revises 2002 Budget Denbury Resources Inc. has reduced its projec= ted 2002 development and exploration budget by approximately 20%. Statoil = Orders New LNG Carrier Statoil has placed an order with Leif Hoegh & Co an= d Mitsui OSK Lines for an LNG tanker to ship LNG from the Snohvit field to = Melkoya. [IMAGE] [IMAGE] advertisement American Material Resources, = Inc. offers McMaster-Carr Supply Company Catalog items at a discount price.= ..E-Mail (amrsales@ocinet.net ) or fax your inquries to us at 970-325-0505,= attention Donna Morss, Sales. All we need for 24-hour turnaround on quote= s is the McMaster part number and quantity. www.amrsales.com Upc= oming Oil & Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Jan. 22 = Alliances and Partnering in Oil & Gas Feb. 7 Marine Construction 2= 002 Houston Feb. 10 2002 SPE International Petroleum Conference & Exhib= ition in Mexico Villahermosa Feb. 26 2002 IADC/SPE Drilling Conference = and Exhibition Dallas Mar. 10 AAPG Annual Meeting Houston Apr. 9 = 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition Houston May. 6 = Offshore Technology Conference 2002 Houston Aug. 27 ONS 2002 Conference= and Exhibition Stavanger Oct. 6 Society of Exploration Geophysicists = Annual Meeting Salt Lake City Oct. 15 Permian Basin International Oil S= how Odessa list your conference vi! ew upcoming events [IMAGE] [IMAG= E] [IMAGE] [IMAGE] [IMAGE] Halliburton INTEC Quest Offshore Horiz= on Offshore Global Completion Service [IMAGE] [IMAGE] promote your c= ompany [IMAGE] [IMAGE] [IMAGE] Production Enhancement with Acid Stim= ulation [IMAGE] [IMAGE] Soil Remediation for the Petroleum Extraction Ind= ustry, 2nd Edition [IMAGE] [IMAGE] General Engineering Knowledge [IMAGE]= [IMAGE] [IMAGE] more products [IMAGE] [IMAGE] [IMAGE] feature= d equipment: IRI 550 Series Drilling Rig [IMAGE] Cabot 250 Workover and = Drilling Rig [IMAGE] [IMAGE] [IMAGE] more equipment [IMAGE] [I= MAGE] featured jobs: - Chief Financial Officer - Project Managers - Exp= andable Tubulars - Lafayette Based Pneumatic Fitter more hot jobs << = featured candidates: - Drilling Consultant- Offshore-Deepwater - Senior S= ales and Marketing Service Specialist - Facility Manager/Superintendent = search for candidates << [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillsh= ips: To 5000': 50.0% (7/14) +5000': 100.0% (25/25) Semisubs: 2nd Gen= : 67.1% (49/73) 3rd Gen: 80.0% (40/50) 4th Gen: 100.0% (38/38) 5th Ge= n: 100.0% (7/7) Jackups: To 200': 53.7% (36/67) 200' MC: 58.3% (14= /24) 200' MS: 14.3% (3/21) 300' IC: 86.5% (83/96) +300' IC: 88.9% (48= /54) Severe Env.: 81.0% (17/21) [IMAGE] [IMAGE] view complete utiliz= ation report [IMAGE] [IMAGE] ! Light Crude Oil: $19.36/BBL (1.73%) = Brent Crude Oil: $18.20/BBL (-5.31%) Natural Gas: $2.66/MMBtu (-85.38%)= Unleaded Gasoline: $0.55/gal (-79.55%) prices from: 12/18/2001 change s= ince: 12/17/200! [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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