The Oil and Gas Journal articles from May 2002

The Oil and Gas Journal archives from May 2002

Low-density cement used to isolate pay in lost circulation zone. (Oilfield Bulletin).(advertisement)
May 6, 2002... In the first offshore use of an 8.2-1bm/gal LiteCRETE* slurry system, partial to total lost circulation conditions were successfully overcome to allow isolation of the pay zone. Permeability as high as 5 D and a fracture gradient of 0.26...

High-density slurry reduces additive costs and resolves problems. (Oilfield Bulletin).(advertisement)
May 6, 2002... Lost circulation and gas migration presented challenges during cementing operations in a South Texas field. On a well in Jim Hogg County, high-friction pressures from a conventional system that used a typical method of maintaining density...

Market movement. (Newsletter).(Brief Article)(Statistical Data Included)
May 6, 2002... Rodriguez appointment locks Venezuela to OPEC policy In his first meeting with the press since being named president of Petroleos de Venezula SA, Ali Rodriguez Araque last week emphasized that Venezuela still firmly supports the objectives...

Industry Scoreboard.(Brief Article)(Statistical Data Included)(Illustration)
May 6, 2002... Industry Scoreboard US INDUSTRY SCOREBOARD - 5/6 4 wk. 4 wk avg. Change. YTD Latest week 4/26 average year ago % average Demand, 1,000 b/d Motor gasoline 9,051 ...

Raymond James & Associates Inc. (Industry Trends).(natural gas production)(Brief Article)(Statistical Data Included)
May 6, 2002... SO FAR THIS YEAR, US natural gas production is declining faster than first anticipated, said Raymond James & Associates Inc. in a recent report. And with this fall in gas supplies, gas prices are expected to creep higher later in the year, RJA...

Baker Hughes Inc. (Industry Trends).(oil rig statistics)(Brief Article)(Statistical Data Included)
May 6, 2002... POSSIBLY BECOMING A TREND, the US rig count climbed for the third consecutive week, with an increase in drilling for natural gas, officials at Baker Hughes Inc., Houston, reported Apr. 26. There were 766 rotary rigs working in the US and...

BP PLC. (Government Development).(to sell stake in Ruhrgas AG)(Brief Article)
May 6, 2002... IN ORDER TO REFORM its natural gas market, Germany will have to make it possible for outside oil and gas companies "to secure fair and nondiscriminatory access" to the country's gas pipeline grid in accordance with the European gas directive,...

Pakistan's privatization commission. (Government Development).(receives offers for divestment of oil, gas concessions)(Brief Article)(Statistical Data Included)
May 6, 2002... PAKISTAN'S PRIVATIZATION COMMISSION received on Apr. 15 a total offer of $ 176.3 million from the highest bidders for the divestment of the government's shareholding in nine oil and gas concessions. Total production from the concessions is more...

The US Department of the Interior's Bureau of Land Management. (Quick Takes).(to hold oil, gas lease sale in National Petroleum Reserve, Alaska)(Brief Article)
May 6, 2002... THE US Department of the Interior's Bureau of Land Management said Apr. 29 it will hold an oil and gas lease sale in the National Petroleum Reserve-Alaska (NPR-A) June 3 in Anchorage. The bid deadline is May 31. About 3 million acres are...

ENI SPA and BG Group. (Quick Takes).(natural gas discovery)(Brief Article)(Statistical Data Included)
May 6, 2002... Elsewhere on the exploration front, a group led by ENI SPA and BG Group has made a natural gas discovery in the Sicily Channel off southwestern Sicily. Operator ENI drilled the exploration well on the Panda exploration prospect. The well, which...

Office National de Recherches et d'Explorations Petrolieres. (Quick Takes).(agreement with Petronas Carigali Overseas Sdn. Bhd.)(Brief Article)
May 6, 2002... Morocco's national oil company, Office National de Recherches et d'Explorations Petro1ieres, has entered into two contracts with Petronas Carigali Overseas Sdn. Bhd.-a unit of Petronas Carigali Sdn. Bhd.-for reconnaissance of an onshore area in...

Devon Energy Corp., Oklahoma City, and Petro-Canada. (Quick Takes).(natural gas flows)(Brief Article)(Statistical Data Included)
May 6, 2002... Devon Energy Corp., Oklahoma City, and Petro-Canada, Calgary, have announced significant natural gas flows at their Tuk M- 18 well 15 miles south of Tuktoyaktuk in the Mackenzie Delta of Canada's Northwest Territories. The well was drilled to...

The Federal Energy Regulatory Commission. (Quick Takes).(approves gas pipeline proposals)(Brief Article)
May 6, 2002... THE FEDERAL ENERGY REGULATORY COMMISSION has approved two gas pipeline proposals made by units of Williams Cos. Inc., Tulsa, that will serve the US West Coast. Northwest Pipeline Corp. received a certificate to construct and operate...

El Paso Energy Partners Co. LP has entered into an agreement with Pioneer Natural Resources Co. and Mariner Energy Inc. (Quick Takes).(Brief Article)
May 6, 2002... EL PASO ENERGY PARTNERS CO. LP has entered into an agreement with Pioneer Natural Resources Co. and Mariner Energy Inc. to construct, install, own, and operate a new production hub platform and associated facilities for Falcon field on East...

Mobil Equatorial Guinea Inc. (Quick Takes).(awards contract to FMC Energy Systems)(Brief Article)
May 6, 2002... In other development action, ExxonMobil Corp. subsidiary Mobil Equatorial Guinea Inc. has awarded a contract valued at $100 million to FMC Technologies Inc. unit FMC Energy Systems for subsea systems to be installed in 1,411-2,625 ft of water...

Pluspetrol SA. (Quick Takes).(natural gas liquids fractionating plant to be built in Peru)(Brief Article)
May 6, 2002... PLUSPETROL SA, operator for the Camisea upstream consortium (OGJ, Apr. 8, 2002, p. 9) said partners of the Camisea natural gas project in Peru plan to build a $ 120 million natural gas liquids fractionating plant at a beach in Pisco, Paracas...

Chevron Products Co. (Quick Takes).(introduces new diesel fuel)(Brief Article)
May 6, 2002... CHEVRON PRODUCTS CO. has introduced a lower-emissions fuel for diesel engines that is available in limited quantities to its commercial customers in Southern California. The California Air Resources Board has verified the technology's emission...

The Deepstar. (Quick Takes).(engineering, cost analysis completed by Halliburton Co.'s KBR)(Brief Article)
May 6, 2002... THE DEEPSTAR concept engineering and cost analysis recently completed by Halliburton Co.'s engineering unit, KBR, for a spar deep-draft caisson vessel (DDCV) has determined that such variables as hull vortex-induced vibration (VIV) and the type...

Magnum Hunter Resources Inc. (Quick Takes).(new oil, natural gas production from Gulf of Mexico)(Brief Article)(Statistical Data Included)
May 6, 2002... In other production news, three groups of independents have recently brought on stream new oil and natural gas production from three blocks on the Outer Continental Shelf in the Gulf of Mexico, reported interest owner Magnum Hunter Resources...

Letters.
May 6, 2002... ANWR. The hypocrisy existing by the majority members of the Senate has never been more evident than not allowing debate on the leasing of a small tract of land in the coastal plain of the Arctic National Refuge in Alaska. They say this is...

Buired threats. (Journally Speaking).(pipelines)(Brief Article)
May 6, 2002... Pipeline safety issues have become more prominent of late. An article on p.38 updates the US pipeline industry's status on some of those issues. What propelled those issues to the forefront of public consciousness was a handful of recent...

EPA's diesel-sulfur study. (Editorial).(Brief Article)
May 6, 2002... US refiners have a welcome opportunity to improve looming sulfur standards for highway diesel fuel. The US Environmental Protection Agency on Apr. 22 announced a review of its December 2000 requirement for ultralow-sulfur on-road diesel in...

SPE's Mark Rubin: OTC an opportunity for industry to tell public its story on environment. (Point of View).(Society of Petroleum Engineers, Offshore Technology Conference)
May 6, 2002... The 34th annual Offshore Technology Conference opens this week in a new facility in Houston and under a new executive manager for the first time in nearly 3 decades. Heading the permanent OTC staff this year is Mark A. Rubin, who succeeded...

Offshore industry confronts issues, new market cycles. (General Interest).(at Offshore Industry Outlook Conference)(Industry Overview)
May 6, 2002... The offshore oil and gas industry's ability to grapple with the many issues facing it is being tested by continuing-and briefer--boom and bust cycles. Fluctuating market fundamentals, advances in offshore equipment, movement of exploration and...

US oil, gas industry seen entering long-term recovery. (General Interest).
May 6, 2002... Natural gas prices in the US will recover sharply this year. Next year promises to be a very good year for the number of drilling rigs working and for the use of coiled tubing services. Oil and gas supply and demand fundamentals in 2003 should...

Senate bill deemed interim step for comprehensive US energy policy. (General Interest).
May 6, 2002... Major oil companies and independents both said they see a recently passed Senate energy bill as an important step in finalizing a comprehensive US energy policy. But independents cautioned that it falls "far short" of the domestic energy...

Enron fallout. (Watching Government).(accounting reform legislation)(Brief Article)
May 6, 2002... The Enron Corp. financial disaster and its reverberating political damage could help facilitate new rules designed to tame increasingly volatile international energy markets. In the US, the Senate last month rejected a proposal by Sen....

Pipeline safety progress noted at API pipeline conference. (General Interest).(American Petroleum Institute)
May 6, 2002... Gathering in Dallas last month for the 53rd annual American Petroleum Institute Pipeline Conference, US pipeline industry executives and managers faced the same challenge as when they met a year ago: to improve performance so that the public no...

IADC: management must equate safety with profits. (General Interest).(International Association of Drilling Contractors)(Statistical Data Included)
May 6, 2002... To be effective in its safety initiatives, the oil and gas industry must incorporate safety into management systems, making it equal in importance to production and profits. So said Rodney R. Foreman, principal safety representative for El...

EnCana buys gas reserves in Colorado Rocky Mountains. (Company News).(from El Paso Corp.)
May 6, 2002... Units of EnCana Oil & Gas (USA) Inc. will acquire natural gas and NGL assets in the Northwest Colorado Rocky Mountains from El Paso Corp., Houston, for $461 million (Can.). In another major western US assets deal, XTO Energy Inc., Fort...

Shell Oil elects Watts chairman, Routs president. (Personnel Moves and Promotions).(Philip Watts, Rob Routs)(Brief Article)
May 6, 2002... Shell Oil Co., Houston, has elected Philip Watts, chairman. Watts will take up the US chairmanship Sept. 1 while continuing in his role as chairman of the committee of managing directors of the Royal Dutch/Shell Group. In another...

Midstream moves. (Personnel Moves and Promotions).(several executive appointment briefs)(Brief Article)
May 6, 2002... CMS Panhandle Cos., the natural gas pipeline subsidiary of CMS Energy Corp., Dearborn, Mich., has realigned its marketing, business development, optimization; and marketing operations departments. Rob Bond, former vice-president of commercial...

Downstream moves. (Personnel Moves and Promotions).(Brief Article)
May 6, 2002... Steve Wormington has been named president, California & Southwest region, for Tesoro Petroleum Corp. In his new role, Wormington will oversee the daily operations of the company's assets in California, Nevada, Arizona, and New Mexico. Contra...

How US Gulf of Mexico development, finding, cost trends have evolved. (US Gulf of Mexico-1).
May 6, 2002... The US Gulf of Mexico is a major source of domestic oil and gas supplies. Recently, some have begun to speculate that this important producing area will soon experience a decline in production, with significant implications for higher domestic...

Unocal focuses on 'people' factors to improve deepwater drilling performance. (Drilling & Production).
May 6, 2002... In recent years the petroleum industry has relied heavily on technological advancement for the much-needed improvement in its drilling efficiency. That is particularly true in the high cost ultradeepwater drilling arena, where the players...

Water-injected flare tips reduce radiated heat, noise. (Drilling & Production).
May 6, 2002... Several case studies illustrate the benefits of an ultra-low radiation, water-injected, sonic flare tip. This equipment can: * Lower costs for new facilities by reducing structural requirements. * Reduce costs for modifying existing...

New kinetic method models VGO hydrocracking. (Processing).(vacuum gas oil)(Illustration)(Statistical Data Included)
May 6, 2002... A simple first-order kinetic model of hydrocracking reactions using pseudocomponents closes the gap between the process and a model of the separation and reaction network. The model delivers good results for predicting product distribution...

Tie-in system uses low-cost flanges; deepwater Girassol development. (Transportation).(West Africa, offshore oil and gas industry)
May 6, 2002... TotalFinElf SA's Girassol deepwater project started up off West Africa in December 2001. Stolt Offshore SA's application on Girassol of its modular advanced tie-in system (MATIS) using low-cost flanges represents the kind of technological...

New trunnion ball valves for pipeline service. (Equipment/Software/Literature).(Brief Article)
May 6, 2002... New Series P3 trunnion-mounted ball valves are available in sizes 2-48 in. in ANSI 150-1500 ratings. These forged body valves are designed to meet severe and demanding pipeline operations, and they meet API 6D, API 6A, API6FA fire-safe...

New hazardous gas sensor. (Equipment/Software/Literature).(Sierra Monitor Corp.)(Brief Article)
May 6, 2002... The new Model 4107 Series smart sensor-transmitter (SST) is a stand-alone fixed-point hazardous gas sensor module. It promises accurate measurement of the applicable, digital display of gas concentration. It features nonintrusive...

New drive head for well uses. (Equipment/Software/Literature).(R and M Energy Systems)(Brief Article)
May 6, 2002... The Moyno Ultra-Drive Model DD1 drive head is designed for use with Moyno downhole progressing cavity pumps in oil well production and gas well dewatering applications. This electrically driven drive head has a maximum rating of 150 hp and...

Process, instrument design software for plant design. (Equipment/Software/Literature).(Coade Inc.)(Brief Article)
May 6, 2002... New CADWorx/P&ID Version 2002 is the latest edition of this firm's AutoCAD-based software for creating process and instrumentation diagrams (P&ID) for piping plant design, now with enhanced links between the software and CADWorx/PIPE Version...

Axens. (Services/Suppliers).(names new executives)(Brief Article)
May 6, 2002... Rueil-Malmaison, France, has named Jean Sentenac as chairman and chief executive officer, and Jean-Pierre Franck as chief operating officer. Sentenac joined IFP in 2000 and had been executive vice-president of the technical service,...

Cooper Cameron Corp. (Services/Suppliers).(John D. Carne promoted to division president)(Brief Article)
May 6, 2002... Houston, has named John D. Carne as president of its Cooper Cameron Valves division. Cane has been with the company more than 30 years, and has held a number of key positions. Cooper Cameron Corp. is a leading international manufacturer of...

Hunting PLC. (Services/Suppliers).(subsidiary buys Roforge)(Brief Article)
May 6, 2002... London, has announced that its subsidiary, Hunting Petroleum France, has acquired Roforge, a manufacturer of forged steel valves for the worldwide energy, refining, and petrochemical industries, based in Lyon, France. Hunting Petroleum...

International Logging Inc. (Services/Suppliers).(Brief Article)
May 6, 2002... Rancho Cordova, Calif., has appointed Ric Ashton as vice-president of marketing, and Fritz Reuter as technical representative, both based in Houston. Ashton has 30 years of experience in oil industry operations and marketing, having served...

M-I LLC. (Services/Suppliers).(opens environmental engineering facility)(Brief Article)
May 6, 2002... Houston, and its SWACO division have opened a full-scale environmental engineering facility at the company's headquarters in Houston. The facility includes the industry's only greenhouse dedicated solely to investigating bioremediation and...

Technip-Coflexip. (Services/Suppliers).(Brief Article)
May 6, 2002... Paris, has appointed Daniel Burlin as president of its Onshore-Downstream Branch; Ivan Replumaz as senior vice-president, business and operations of the offshore Branch; and Christine Lannon-Declercq as controller of the Offshore Branch. ...

Tidewater Inc. (Services/Suppliers).(promotes vice president)(Brief Article)
May 6, 2002... New Orleans, has promoted Reg McNee to the office of vice-president. McNee joined Tidewater in 1997 and most recently served as head of the company's Far East division. Tidewater Inc. owns and operates a large fleet of vessels serving the...

US Energy Systems Inc. (Services/Suppliers).(gets new vice president)(Brief Article)
May 6, 2002... White Plains, NY, has announced that Edward M. Campana has joined the firm as senior vice-president and head of corporate finance and strategic planning. Campana previously served as executive director at CIBC World Markets Corp. of New York in...

Wood Group. (Services/Suppliers).(forms subsidiary)(Brief Article)
May 6, 2002... Houston, has established Wood Group Trinidad & Tobago Ltd. to provide a single point of access for companies in Trinidad that require the engineering and production facilities, well support, and gas turbine services expertise provided worldwide...

API imports of crude and products. (Statistics).(American Petroleum Institute)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 District5 4-26 4-19 (1) 4-26 4-19 (1) 2002 2002 2002 2002 ...

UK North Sea hit by new tax, new uncertainty. (The Editor's Perspective).(Brief Article)(Industry Overview)
May 6, 2002... The worst thing about the UK government's new supplementary tax on North Sea oil and gas profits is what business people hate most: uncertainty. Imposition of the tax surprised the industry. Effects on the oldest North Sea fields are...

Canadian gas supply strength to rein gas price rise. (Market Hotline).(Brief Article)
May 6, 2002... While the general outlook for the North American gas market has brightened this year, there is much debate over whether this improvement will be driven mainly, by supply or demand. It's important to isolate the dominant driver because that...

API crude and product stocks. (Statistics).(American Petroleum Institute)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... API CRUDE AND PRODUCT STOCKS Motor gasoline Blending Jet fuels Crude oil Total comp. (2) Naphtha ...

API refinery report. (Statistics).(for April 19, 2002)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... API REFINERY REPORT--APRIL 19, 2002 REFINERY OPERATIONS Total Input refinery Crude to crude Operable Percent input...

OGJ crack spread. (Statistics).(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... OGJ CRACK SPREAD 4-19-02 (*) 4-20-01 (*) Change Change, $/bbl % SPOT PRICES Product value 29.50 37.08 -7.58 -20.4 ...

OGJ gasoline prices. (Statistics).(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... OGJ GASOLINE PRICES Price Pump Pump ex tax price (*) price 4-24-02 4-24-02 4-25-01 ...

Refined product prices. (Statistics).(as of April 19, 2002)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... REFINED PRODUCT PRICES 4-19-02 cents/gal Spot market product prices Motor gasoline (Conventional-regular) New York Harbor 73.95 Gulf Coast ...

Baker Hughes rig count. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... BAKER HUGHES RIG COUNT 4-26-02 4-27-01 Alabama 4 5 Alaska 11 13 Arkansas 1 0 California 22 40 Land ...

Smith rig count. (Statistics).(as of April 26, 2002)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... SMITH RIG COUNT 4-26-02 4-27-01 Proposed depth, Rig Percent Rig Percent ft count footage (*) count footage (*) 0-2,500 47 ...

OGJ production report. (Statistics).(Oil Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... OGJ PRODUCTION REPORT 4-26-02 (1) 4-27-01 (2) 1,000 b/d (Crude oil and lease condensate) Alabama 24 26 Alaska 1,020 ...

US crude prices. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... US CRUDE PRICES $/bbl (*) 4-26-02 Alaska-North Slope 27[degrees] 14.09 South Louisiana Sweet 27.00 California-Kern River 13[degrees] 22.25 Lost Hills 30[degrees] 24.60...

World crude prices. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... WORLD CRUDE PRICES $/bbl (1) 4-19-02 United Kingdom-Brent 38[degrees] 25.33 Russia-Urals 32[degrees] 23.58 Saudi Light 34[degrees] 22.26 Dubai Fateh 32[degrees] ...

US natural gas storage. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... US NATURAL GAS STORAGE (1) 4-19-02 4-12-02 Change Bcf Producing region 585 561 24 Consuming region east 812 775 37 Consuming...

Pace refining margins. (Statistics).(Brief Article)(Statistical Data Included)(Illustration)
May 6, 2002... PACE REFINING MARGINS Feb. Mar. Apr. Apr. 2002 2002 2002 2001 Change $/bbl US Gulf Coast West Texas...

US natural gas balance demand/supply scoreboard. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD Jan. Total Jan. Dec. Jan. change YTD 2002 2001 2001 2002-2001...

US heating degree days. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... US HEATING DEGREE DAYS (1) 2002% change Feb. Feb. from 2002 2001...

Worldwide NGL production. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... WORLDWIDE NGL PRODUCTION 1 month Chg. vs. average previous Jan. Dec. Production year ...

Oxygenates. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
May 6, 2002... XOYGENATES Feb. Jan. YTD YTD 2002 2002 Change 2002 2001 Change 1,000 bbl Fuel ethanol Production 3,201 ...

Oil recovery increased by 1 million bbl in 20 months. (Oilfield Bulletin).(Schlumberger in the U.K.)(Brief Article)(Statistical Data Included)
May 13, 2002... From a land well in Dorset, England, a Schlumberger completion solution using a REDA electric submersible pump helped produce oil from a reservoir located offshore. The objective of the solution for this artificially lifted well was to enhance...

World's first all-electric well installed in the UK. (Oilfield Bulletin).(Brief Article)
May 13, 2002... A long horizontal well in the same field was equipped with a Schlumberger tubing-retrievable all-electric flow control valve and a REDA electric submersible pump. The flow control valve is a fully integrated system with gauges to sense...

Innovative completions raise North sea production. (Oilfield Bulletin).(drilling services from Schlumberger)(Brief Article)
May 13, 2002... In a Norwegian subsea development, Norsk Hydro required a solution to optimize oil production in eight wells. With the proper completion design, gas from an upper zone was precisely commingled with produced oil to increase flow. This solution...

AGA-EIA storage data transition a concern. (Market Movement).(American Gas Association and the Energy Information Administration)(Brief Article)
May 13, 2002... The transition of weekly gas storage reporting duties to the US Department of Energy's Energy Information Administration from the American Gas Association last week had many industry participants and observers questioning the possible impact on...

US industry scoreboard.(Brief Article)(Illustration)(Statistical Data Included)
May 13, 2002... US INDUSTRY SCOREBOARD -- 5/13 4 wk. 4 wk. avg. Change, YTD Latest week 5/3 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline 9,001 8,564 ...

The Gulf of Mexico. (Industry Trends).(Brief Article)(Statistical Data Included)
May 13, 2002... THE GULF OF MEXICO oil service sector is experiencing signs of an upturn, analysts with Simmons & Co. International, UBS Warburg LLC, and RBC Dam Rauscher Inc. noted in recent reports. Simmons & Co., a Houston investment banking house,...

US Department of State. (Government Developments).(supports new export controls for Iraq)(Brief Article)
May 13, 2002... US DEPARTMENT OF STATE officials May 6 said there is a strong consensus" among the permanent members of the United Nations Security Council to support a new system of export controls on Iraq as part of the oil-for-aid program. The new...

Refiners are Disappointed. (Government Developments).(by court decision regarding low-sulfur diesel fuel standard)(Brief Article)
May 13, 2002... REFINERS ARE DISAPPOINTED that a US Court of Appeals for the DC Circuit upheld the timing of a controversial low-sulfur diesel fuel standard issued by the Environmental Protection Agency. Bob Slaughter, president of the National...

Seahorse Shuttling & Technology LLC. (Quick Takes).(develops crude oil tanker)(Brief Article)
May 13, 2002... SEAHORSE SHUTTLING & TECHNOLOGY LLC, a wholly owned unit of Conoco Inc., has completed the functional design of a new tanker for shuttling crude oil from the deepwater Gulf of Mexico to shore. The design initiative was unveiled at the...

Shell UK Exploration & Production. (Quick Takes).(announces results with Schlumberger Oilfield Services in the North Sea)(Brief Article)
May 13, 2002... SHELL UK EXPLORATION & PRODUCTION and Schlumberger Oilfield Services claim to have achieved a world first for the successful field test of a 4 3/4-in slimhole rotary steerable drilling system in the North Sea. The field test was performed for...

Gulf Farabi Petrochemicals Co. Ltd. (Quick Takes).(names Foster Wheeler Ltd. subsidiary project manager)(Brief Article)(Statistical Data Included)
May 13, 2002... GULF FARABI PETROCHEMICALS CO. LTD. has named a Foster Wheeler Ltd. subsidiary project manager to oversee development of a $250 million petrochemical plant in Al Jubail, Saudi Arabia. The plant is slated to produce 120,000 tonnes/year of...

Canadian Superior Energy Inc. (Quick Takes).(joint venture with El Paso Oil and Gas Canada)(Brief Article)
May 13, 2002... CANADIAN SUPERIOR ENERGY INC., Calgary, has entered into a joint venture with El Paso Oil & Gas Canada Inc., a unit of Houston-based El Paso Corp., to explore Canadian Superior's 100%-owned land holdings in the Scotian shelf 160 km off Nova...

BG Group PLC. (Quick Takes).(signs deal with government of Trinidad and Tobago)(Brief Article)(Statistical Data Included)
May 13, 2002... In other exploration activities, BG Group PLC and its partners have signed a production-sharing contract with the Trinidad and Tobago government for Block 3(a) off Trinidad. BG has a 30% interest in the block. Partners are operator BHP Billiton...

Petroleo Brasiliero SA. (Quick Takes).(sets world record in ultra-deep water for installation of subsea natural gas lift manifold to depth of 1,885 m)(Brief Article)
May 13, 2002... PETROLFO BRASILIERO SA has set a world record in ultra-deep water for installation of a subsea natural gas lift manifold to a depth of 1,885 m. The installation was in Roncador field in the Campos basin off Brazil. Speaking at the Offshore...