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Market movement. (OBJ Newsletter).(Prices natural gas)(Brief Article)
April 1, 2002... Like the beginning of 2000, a record warm winter has clouded the market's view of the underlying natural gas supply and demand fundamentals, said analyst J. Marshall Adkins of Raymond James & Associates Inc.
US natural gas prices likely to...
Industry scoreboard.(Brief Article)
April 1, 2002...
Industry Score board
US INDUSTRY SCOREBOARD--4/1
Demand, 1,000 b/d
4 wk. 4 wk. avg. Change YTD
Latest week 3/22 average year ago (1) % average (1)
Motor gasoline 8,824...
Robertson Research International. (Industry Trends).(Brief Article)
April 1, 2002... THE MIDDLE EAST and Libya rank as the region and country most favored by international oil companies for new exploration and production investment in 2002, according to a recent survey by UK consultants Robertson Research International (see...
Simmons & Co. International. (Industry Trends).(Oil and gas exploration stocks)(Brief Article)
April 1, 2002... THE RECENT UPTICK in US exploration and production company stocks will prove short-lived, contends an analyst with Houston investment banker Simmons & Co. International.
In a recent research report, Charles Eades, vice-president, Simmons...
The US Court Of Appeals. (Government Developments).(Ozone standards)(Brief Article)
April 1, 2002... THE US COURT OF APPEALS for the District of Columbia Circuit on Mar. 26 upheld ambient air quality standards for ozone (smog) and fine particulate matter (soot) finalized by the Environmental Protection Agency in 1997.
Both the oil and...
ExxonMobil Corp. (Development).(development plans)(Malaysia)(Brief Article)
April 1, 2002... EXXONMOBIL CORP. recently revealed development plans for Bintang natural gas field, which lies 137 miles off Terengganu. Malaysia, in the South China Sea. ExxonMobil said development would cost a total $150 million.
ExxonMobil unit...
Unocal Corp. (Quick Takes).(natural gas and condensate flow rates)(Brief Article)
April 1, 2002... UNOCAL CORP. subsidiary Unocal Ganal Ltd. reported hefty natural gas and condensate flow rates from an appraisal well in the deepwater Gendalo-Gandang gas field complex off Indonesia, demonstrating greater hydrocarbon potential for the complex....
Amerada Hess Corp. (Quick Takes).(Equatorial Guinea)(discovery)(Brief Article)
April 1, 2002... An already hot play area has proven even hotter following a Mar. 25 announcement by Amerada Hess Corp. of an oil discovery made off Equatorial Guinea on Block G in the Rio Muni basin. The discovery called Elon, was made by the G-8 well that...
Brigham Oil & Gas LP. (Exploration).(Lost surface control)(Brief Article)
April 1, 2002... Brigham Oil & Gas LP, a unit of Austin-based Brigham Exploration Co., reported that it lost surface control Mar. 24 while drilling a natural gas development well, Burkhart No. 1, at a depth of 10,370 ft in Providence field near Bay City, Tex.,...
Harrods Natural Resources Inc. (Quick Takes).(Brief Article)
April 1, 2002... Members of Thailand's government cabinet endorsed amendments to extend and ease terms of an oil and natural gas exploration concession in the Gulf of Thailand held by Harrods Natural Resources Inc. Harrods Energy (Thailand) Ltd. was given a...
China Petroleum & Chemical Corp. (Retail Marketing).(Gas stations)(Brief Article)
April 1, 2002... CHINA PETROLEUM & CHEMICAL CORP. (Sinopec) said it plans to build 450 retail gasoline stations with foreign companies this year, as China lifts the ban on foreign investment in the retail fuels business.
This will be the first wave of about...
Mariner Energy Inc. (Production).(Begins production Gulf of Mexico)(Brief Article)
April 1, 2002... MARINER ENERGY INC., Houston, has begun production from its King Kong-Yosemite project in the Gulf of Mexico. The project flowed at 140 MMcfd as of Mar. 19 and was expected to reach platform capacity of 150 MMcfd with the addition of a third...
El Paso Corp. (Pipelines).(El Paso Global LNG)(Brief Article)
April 1, 2002... UNITS OF El Paso Corp. (EPC), Houston, top pipeline news this week.
EPC said it plans to increase the capacity of its proposed Seafarer natural gas pipeline system to 1 bcfd from 800 MMcfd. The 163 mile, 26-in, system-formerly referred to...
Exxon Neftegas Ltd. (Drilling).(concrete island drilling structure moved by Crowley Marine Services Inc.)(Brief Article)
April 1, 2002... IN DRILLING NEWS, Crowley Marine Services Inc., Seattle, has moved the 312 sq ft concrete island drilling structure Orlan from Prudhoe Bay, Alas., to Sovietskaya Gavan in the Russian Far East for Sakhalin I Project operator, Exxon Neftegas...
Letters.(Letter to the Editor)
April 1, 2002... Alaskan gas
The Senate-adopted amendment to block Alaskan gas producers from building the shorter, cheaper route entirely in Canada vs. a southern route through Alaska (OGJ Newsletter, Mar. 11, 2002, p. 5) is just a proposal for "using"...
Calendar.
April 1, 2002... * Denotes new listing or a change in previously published information.
OIL & GAS JOURNAL Online
Additional information on upcoming seminars and conferences is available through OGJ Online, Oil & Gas Journal's Internet-based electronic...
Phillips and Bartlesville. (Journally Speaking).(Phillips Petroleum Co.)(Brief Article)
April 1, 2002... The Phillips Petroleum Co. stockholders and the Conoco Inc. stockholders last month ratified their muchanticipated merger. The stockholders who voted appeared to like the idea of marriage, by 96% Conoco and 97% Phillips.
A lot has been...
Attention to accounting.(care is needed after Enron Corp. collapse)(Brief Article)(Editorial)
April 1, 2002... The oil and gas industry should prepare for, even welcome, public attention likely to focus soon on its accounting methods. After Enron Corp.'s collapse and federal indictment of its auditor, Arthur Andersen LLP, interest is high in accounting...
Trinidad and Tobago banking its future on natural gas, but energy policy still evolving. (Focus on Trinidad & Tobago).
April 1, 2002... Trinidad and Tobago has banked its future on natural gas.
The Caribbean republic has set a target for economic growth that calls for it to achieve the status of a developed nation by 2020. And the fulcrum for leveraging that growth is...
New technology aims to cut heavy crude pipeline costs. (General Interest).(Ensyn Petroleum Canada Inc.)(Brief Article)
April 1, 2002... Several major companies are backing a Canadian pilot project to demonstrate a technology aimed at cutting the cost of transporting heavy oil via pipeline and increasing market penetration of Canadian heavy crudes in the US.
Ensyn Petroleum...
Angola to become Africa's second largest oil producer. (General Interest).(Statistical Data Included)
April 1, 2002... Oil companies will spend $20 billion developing the deep waters off Angola during the next 5 years, positioning the West Africa nation to become Africa's second largest oil producer, said the Centre for Global Energy Studies in a late March...
Oil industry sees mixed signals on US Iran policy. (General Interest).(Brief Article)
April 1, 2002... US oil companies hoping to invest in Iran continue to receive mixed signals from the White House and congressional officials.
A White House official who spoke to the American Iranian Council (AIC) last month stressed the White House wants...
Asian ascension. (Watching Government).(Republic of Korea now member of International Energy Agency)(Brief Article)
April 1, 2002... The Republic of Korea (South Korea) became a full member of the Paris-based International Energy Agency Mar. 28.
"We heartily welcome [South] Korea into the IEA," Robert Priddle, the agency's executive director, said. "The country's very...
Shell to buy Pennzoil-Quaker State for $2.9 billion. (Company News).
April 1, 2002... Shell Oil Co., a wholly owned member of the Royal Dutch/Shell Group, has agreed to acquire Pennzoil-Quaker State Co. for $1.8 billion in cash and $1.1 billion in debt.
The deal is worth $22/share in cash for Pennzoil-Quaker State, which...
TransTexas Gas appoints new CEO. (Personnel Moves and Promotions).(Arnold H. Brackenridge)(Brief Article)
April 1, 2002... Arnold H. Brackenridge has been elected CEO of TransTexas Gas Corp., Houston, succeeding John R. Stanley, who has resigned.
Brackenridge had served as president of TransTexas since 1993. During 1984-92, he was president and CEO of Germany's...
Upstream moves. (Personnel Moves and Promotions).(Brief Article)
April 1, 2002... Blue Ridge Energy Inc. has relocated its offices from Bowling Green, Ky., to Houston and has named Patrick A. Kelleher as its president and CEO.
Kelleher has more than 23 years of industry experience as a geologist and geophysicist. He...
Other moves. (Personnel Moves and Promotions).(various appointments)(Brief Article)
April 1, 2002... Shell Oil Products US promoted two of its own at Equilon Enterprises LLC and Motiva Enterprises LLC.
Last year, Shell bought the former Texaco Inc.'s share of Equilon, while Shell and Saudi Refining Inc. bought Texaco's share of Motiva...
Central gulf leases draw $363 million, 77 bidders. (Exploration & Development).(US Minerals Management Service report)(Statistical Data Included)
April 1, 2002... Companies offered $363.2 million in apparent high bids for 506 offshore tracts at Sale 182 in the central Gulf of Mexico, the US Minerals Management Service reported.
MMS received 697 bids totaling $442.4 million from 77 companies. That...
Tunisian fields to feed independent gas-power project. (Exploration & Development).(Brief Article)(Statistical Data Included)
April 1, 2002... An independent power plant is to start up in south-central Tunisia at midyear, fed by gas from two marginal fields developed by a Canadian independent operator.
The $29 million, 27 MW plant near the port of Zarzis is 70% complete, said...
Trenton oil, gas play indicated in NW Ohio. (Exploration & Development).(Zorin Exploration Ltd.)(Brief Article)
April 1, 2002... A small Canadian independent said it has discovered what appears to be an important oil and gas trend in a sparsely drilled portion of northwestern Ohio.
Zorin Exploration Ltd., Calgary, said the Roszman-1 well in Wyandot County...
Optimism expressed on Trinidad Central Block. (Exploration & Development).(Aventura Energy Inc.)(Brief Article)(Statistical Data Included)
April 1, 2002... Aventura Energy Inc., Calgary, reported positive 2001 fiscal results largely affected by its onshore drilling program in Trinidad.
Carapal Ridge-1, tested in October 2001, contributed the majority of the company's yearend 2001 reserves. A...
Correction.(Correction Notice)
April 1, 2002... Several errors occurred in the article, "US Rockies 'discoveries': Analogs for the future," by M. Ray Thomasson and Fred F. Meissner (OGJ, Dec. 10, 2001, pp. 44-50).
References in the article on p. 44 and p. 49 should have described Raton...
Australia. (Exploration & Development).(Gastar Exploration Ltd. waiting on permits)(Brief Article)
April 1, 2002... Gastar Exploration Ltd., Mount Pleasant, Mich., sought permits to drill the first of several 3 to 5 well pilot programs to evaluate the coalbed methane potential of brown coals on its Gippsland basin licenses in Victoria.
The company holds...
China. (Exploration & Development).(CNOOC Ltd. and Sinopec developing trough in East China Sea; East China Sea Xihu Trough Oil & Gas Operating Co.)(Brief Article)
April 1, 2002... CNOOC Ltd. and Sinopec inaugurated development of the Xihu Trough in the East China Sea with formation of a joint management committee and establishment of East China Sea Xihu Trough Oil & Gas Operating Co. CNOOC Ltd. is the operator.
The...
Congo (Brazzaville). (Exploration & Development).(Heritage Oil Corp. expectations from Kouakouala oil field)(Brief Article)(Statistical Data Included)
April 1, 2002... Production from Kouakouala oil field onshore near the border with Cabinda should begin to climb shortly with completion of an export pipeline, said Heritage Oil Corp., Calgary.
The field rate, which averaged 1,238 b/d during 2001, should...
Philippines. (Exploration & Development).(Philippine National Oil Co.)(Brief Article)
April 1, 2002... Philippine National Oil Co. encountered water and plugged a wildcat in Victoria, Tarlac, north of Manila that initially encountered gas shows.
The well had initially yielded as much as 1 MMcfd, but flow could not be sustained. The company...
Coiled-tubing vacuum removes drilling-induced damage. (Drilling & Production).(Technical)
April 1, 2002... A new technique uses concentric coiled tubing with a jet pump to remove drilling-induced damage from horizontal wellbores. The jet pump creates a pressure drop across the formation sandface that results in unwanted fluids, polymer residue, and...
New PDM motor improves performance, operating range. (Drilling).(positive displacement motor)(Statistical Data Included)
April 1, 2002... Growth of coiled tubing workover operations during the past decade has increased the demand for improved downhole motors for use in cleanout and milling operations.
To meet that demand, engineers have developed a reduced-length positive...
Technique, nozzle enhance coiled tubing wiper-trip efficiency. (Production).
April 1, 2002... Operators in the US Gulf Coast region complete most wells with some kind of sand-control measure, ranging from resin-coated sand to pre-packed gravel pack screens. Resins break down, however, screens become flow cut, and gravel-packs fail;...
Argentina's LPG, NGL capacities leap with completion of MEGA project. (Gas Processing).(Statistical Data Included)
April 1, 2002... Start-up of the Mega project in Argentina exactly 1 year ago has increased the country's LPG production by more than a third and natural gasoline production by nearly a quarter. These increases have gone into exports to Brasil.
The project...
Indexes for selected equipment items. (Nelson - Farrar Quarterly).(refinery construction)(Illustration)(Statistical Data Included)
April 1, 2002... Continuing a trend starting in 1983, the Nelson-Farrar refinery construction index rose slowly from 1,522.2 in January 2000, to 1,596.9 in December 2001. The labor component of the index rose at a rapid rate while the material component fell....
Gas pipeline projects needed to boost Russian exports: Russian oil and gas transportation--conclusion. (Pipelines).(Statistical Data Included)
April 1, 2002... Exports of natural gas, so important to the Russian economy, cannot occur without a modern, well-maintained pipeline system.
This conclusion of a two-part series on Russian pipelines looks at where natural gas is located, who the potential...
Four-gas monitor offers one-touch ease of use. (Equipment/Software/Literature).(Crowcon Detection Instruments Ltd.)(Brief Article)
April 1, 2002... Custodian C, a new low-cost four-gas monitor, offers simplified features and easy operation via a single button. One button turns the instrument on and off and resets the alarms.
The monitor measures combustible gas, oxygen, carbon...
New software used to size process valves. (Equipment/Software/Literature).(SPX Valves & Controls)(Brief Article)
April 1, 2002... An enhanced version of Alpha I software allows users to select the most suitable DeZURIK valve for a wider range of process conditions.
Version 6.4 also provides specification sheets, calculations, characteristic curves, and outline...
A2D Technologies. (Services / Suppliers).(creates Value Added Services Group, names Bill Ross senior vice president)(Brief Article)
April 1, 2002... Houston, has announced creation of their Value Added Services Group, and named Bill Ross senior vice-president to head the new business unit. Ross is a longtime member of A2D's executive team, and is the creator of the company's well log...
Advanced Resources International Inc. (ARI). (Services / Suppliers).(forms alliance with Decision Team-Software GmbH)(Brief Article)
April 1, 2002... Houston, has formed an alliance with Austrian-based Decision Team-Software GmbH. Under terms of the alliance, ARI will provide technical consulting services using Decision Team's virtual intelligence software, initially focusing on identifying...
Atlantia Offshore Ltd. (Services / Suppliers).(hires Greg Rhodes, director of deepwater sales and marketing)(Brief Article)
April 1, 2002... Houston, has announced the appointment of Greg Rhodes as director of deepwater sales & marketing. Rhodes' responsibilities will focus on promotion of SeaStar TLP deepwater development systems in the Gulf of Mexico. He will be working with...
Fugro Geosciences. (Services / Suppliers).(hires Kenneth Mohn, Bob Peebles)(Brief Article)
April 1, 2002... Houston, has announced that Kenneth Mohn has joined the company as exploration vice-president for Fugro Multi Client Services, and has promoted Bob Peebles to vice-president of sales & marketing Americas.
Mohn will develop new seismic...
US Inspection Services. (Services / Suppliers).(promotes Glen Wood)(Brief Article)
April 1, 2002... Dayton, Ohio, has announced the promotion of Glen Wood to regional sales manager of its Ohio Valley region. Wood has over 20 years of experience in the nondestructive testing industry.
US Inspection Services (USI) operates a nationwide...
Kvaemer Oilfield Products. (Services / Suppliers).(merges into Aker Kvaerner)(Brief Article)
April 1, 2002... Houston, will become a part of Aker Kvaerner, a new group created through the merger of Aker Maritime and Kvaerner Oil & Gas.
Kvaerner Oilfleld Products is a fully integrated company, providing a complete range of surface and subsea...
Petris Technology Inc. (Services / Suppliers).(opens office in Toulouse, France)(Brief Article)
April 1, 2002... Houston, has opened a new European branch office in Toulouse, France, and named Eric Deliac as president of Eastern Hemisphere operations for Petris. Deliac had previously held positions of president and COO of GeoNet Services, vice-president...
PGS Production Services. (Services / Suppliers).(hires Roddy McKnight as director of commercial division)(Brief Article)
April 1, 2002... Aberdeen, has appointed Roddy McKnight as director of its new Commercial Division. McKnight has over 12 years of experience in the oil and gas sector, and has been with PGS Production Services for almost 6 years.
PGS Production Services, a...
TGS-NOPEC Geophysical Co. (Services / Suppliers).(hires John Cramer)(Brief Article)
April 1, 2002... Houston, has announced that John Cramer has joined the company as program development manager for the Gulf of Mexico. Cramer received a master's degree in geology from the University of New Orleans, and has worked for Shell Oil Co., Diamond...
Wood Group ESP. (Services / Suppliers).(hires Bruce Nelson, senior vice president, global manufacturing)(Brief Article)
April 1, 2002... Oklahoma City, has hired Bruce Nelson as senior vice-president of global manufacturing, and has opened a new 15,000 sq ft engineering center dedicated to research and development of innovative pumping technology at its headquarters location....
OGJ crack spread. (Statistics).
April 1, 2002...
Statistics
Additional analysis of market trends is available through OGJ Online,
Oil & Gas Journal's electronic information source, at
http://www.ogjonline.com.
OGJ CRACK SPREAD
3-22-02 (*) 3-23-01 (*)...
Campaign finance reform holds promise for industry. (The Editor's Perspective).(Brief Article)(Statistical Data Included)
April 1, 2002... Campaign finance reform approved by Congress on Mar. 20 is no disaster for the US oil and gas industry.
The legislation bans unregulated donations to national political parties--soft money. It doubles to $2,000 the amount an individual can...
OPEC price defense augurs ill for 2003 oil demand. (Market Hotline).(Brief Article)(Statistical Data Included)
April 1, 2002... The Organization of Petroleum Exporting Countries is again talking up the $2228/bbl target price band, and that may prove its undoing in oil markets next year.
The group until recently had temporarily abandoned its fixation on the price...
API imports of crude and products. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
API IMPORTS OF CRUDE AND PRODUCTS
Districts1-4 District 5
3-22 3-15 (1) 3-22
2002 2002 2002
...
API crude and product stocks. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
API CRUDE AND PRODUCT STOCKS
Motor gasoline
Blending Jet fuels
Crude oil Total comp. (2) Naptha Kerosine
...
API refinery report. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
API REFINERY REPORT -- MARCH 22, 2002
REFINERY OPERATIONS
Total Input
refinery Crude to crude Operable Percent
...
OGJ gasoline prices. (Statistics).(Brief Article)
April 1, 2002...
OGJ GASOLINE PRICES
(Approx. prices for self-service unleaded gasoline)
Price Pump Pump
ex tax price (*) price
3-20-02 3-20-02 ...
Refined product prices. (Statistics).(Brief Article)
April 1, 2002...
REFINED PRODUCT PRICES
Spot market product prices
3-15-02
cents/gal
Motor gasoline
(Conventional-regular)
New York Harbor 72.63
Gulf Coast ...
Baker Hughes Rig count. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
BAKER HUGHES RIG COUNT
3-22-02 3-23-01
Alabama 4 6
Alaska 16 14
Arkansas 0 2
California 22 30
Land ...
Smith Rig count. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
SMITH RIG COUNT
3-22-02 3-23-01
Proposed depth, Rig Percent Rig Percent
ft count footage (*) count footage (*)
0-2,500 42 -- ...
OGJ production report. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
OGJ PRODUCTION REPORT
(Crude oil and lease condensate)
3-22-02 (1) 3-23-01 (2)
1,000 b/d
Alabama 27 26
Alaska 1,040 1,019
California ...
US crude prices. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
US CRUDE PRICES
$/bbl (*) 3-22-02
Alaska-North Slope 27[degrees] 12.59
South Louisiana Sweet 25.50
California-Kern River 13[degrees] 19.50
Lost Hills 30[degrees] 22.55...
World crude prices. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
WORLD CRUDE PRICES
$/bbl (1) 3-15-02
United Kingdom-Brent 38[degrees] 23.78
Russia-Urals 32[degrees] 22.53
Saudi Light 34[degrees] 20.82
Dubai Fateh 32[degrees]...
US natural gas storage. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
US NATURAL GAS STORAGE (1)
3-15-02 3-8-02 Change
Bcf
Producing region 569 567 2
Consuming region east 876 919 -43
Consuming...
Pace refining margins. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
PACE REFINING MARGINS
Jan. Feb. Mar. Mar.
2001 2002 2002 2001 Change
$/bbl
US Gulf Coast
West...
US natural gas balance demand/supply scoreboard. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD
Dec.
Dec. Nov. Dec. change
2001 2001 2000 2001-2000...
Natural gas in underground storage. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
NATURAL GAS IN UNDERGROUND STORAGE
Dec. Nov. Oct. Dec.
2001 2001 2001 2000 Change
bcf
Base gas 4,304 4,300 4,310 4,352...
Worldwide NGL production. (Statistics).(Brief Article)(Statistical Data Included)
April 1, 2002...
WORLDWIDE NGL PRODUCTION
12 month
average
Dec. Nov. Production
...
Oxygenates. (Statistics).(production information)(Brief Article)(Illustration)(Statistical Data Included)
April 1, 2002...
OXYGENATES
Jan. Dec. YTD YTD
2002 2001 Change 2002 2001
1,000 bbl
Fuel ethanol
Production 3,974 3,836...
US heating degree days. (Statistics).(production information)(Brief Article)(Illustration)(Statistical Data Included)
April 1, 2002...
US HEATING DEGREE DAYS (1)
Jan. Jan. 2001 % change
2002 2001 Normal from normal
New England 1,014 1,240 1,262 -19.7
Middle...
Market movement. (Newsletter).(petroleum market)(Brief Article)(Statistical Data Included)
April 8, 2002... OPEC'S market share likely to increase in long term
The Organization of Petroleum Exporting Countries' market share will likely rebound to 40%, according to Merrill Lynch & Co., and it will do so without an oil price war.
"Many bearish...
Canadian natural gas. (Industry Trends).(production data)(Brief Article)(Statistical Data Included)
April 8, 2002... CANADIAN NATURAL GAS production has gained momentum despite a slow start in January, thanks in part to the recently completed pipeline expansion at Ladyfern field in northeastern British Columbia.
That word comes in a recent research note...
US natural gas. (Industry Trends).(production data)(Brief Article)(Statistical Data Included)
April 8, 2002... US NATURAL GAS production is on the decline, and the decline is accelerating rapidly, according to preliminary results of a Raymond James & Associates Inc. first quarter survey of 30 of the largest US natural gas producers.
On a...
The industry. (Government Developments).(Minerals Management Service's gas royalty rules)(Brief Article)
April 8, 2002... THE INDUSTRY wants a rehearing on Minerals Management Service's gas royalty rules. The American Petroleum Institute is contesting a Feb. 8 decision by the US Court of Appeals for the District of Columbia Circuit in Washington, DC, that largely...
Apache Corp. announced its second oil discovery on the East Bahariya concession in Egypt's Western Desert. (Quick Takes).(Brief Article)
April 8, 2002... APACHE CORP. announced its second oil discovery on the East Bahariya concession in Egypt's Western Desert.
Apache's Southeast Karama-1X discovery well, drilled on a prospect developed from interpretation of 3D seismic data gathered last...
Oil & Gas Development Co. Ltd. (Quick Takes).(Brief Article)(Statistical Data Included)
April 8, 2002... In other exploration news, Pakistan's state owned Oil & Gas Development Co. Ltd. (OGDC) reported that tests of the Chak 63 No. 1 well in Sanghar district of Sindh province in Pakistan demonstrated commercial potential on the Sanghar block....
Elsewhere in Egypt, Apache started oil and natural gas production from its Ras Kanayes lease. (Quick Takes).(Brief Article)(Statistical Data Included)
April 8, 2002... ELSEWHERE IN EGYPT, Apache started oil and natural gas production from its Ras Kanayes lease.
The Ras Kanayes development lease was brought on production at the rate of 2,130 b/d of crude and condensate and 17.8 MMcfd of natural gas from...
Suncor Energy Inc. (Quick Takes).(power outage)(Brief Article)
April 8, 2002... A temporary power outage at Suncor Energy Inc.'s oil sands facility in northern Alberta could prevent the company from reaching its 2002 production target. Partial production at the facility resumed Mar. 25 following a Mar. 20 power outage that...
Talisman Energy (UK) Ltd. (Quick Takes).(Brief Article)(Statistical Data Included)
April 8, 2002... Talisman Energy (UK) Ltd., a unit of Talisman Energy Inc., Calgary reported bringing Hannay field on production in the central North Sea. The field on UK Continental Shelf Block 20/Sc, about 13.5 km northwest of the Talisman-operated Buchan...
BP PLC. (Quick Takes).(Aker Kvaerner contract)(Brief Article)
April 8, 2002... BP PLC awarded Aker Kvaerner an $11 million contract to supply advanced drilling and mooring equipment for one of the largest oil fields--in almost 2,000 m of water--in the Gulf of Mexico. The equipment is for a semisubmersible platform that BP...