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Market movement. (Newsletter).(natural gas)(Brief Article)(Statistical Data Included)
October 7, 2002... Natural gas futures prices hit 15-month high
For the first time in 15 months, the near-month natural gas futures price jumped above S4/Mcf on the New York Mercantile Exchange at the end of September as the second major tropical storm in 2...
Industry Scoreboard.(oil products)(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
Industry Scoreboard
US INDUSTRY SCROEBOARD -- 10/7
4 wk. 4 k. avg. Change, YTD
Latest week 9/27 average year ago 1 % average 1
Demand, 1,000 b/d
Motor gasoline 9,212 ...
Canadian Energy Companies. (Industry Trends).(mergers and acquisitions)(Brief Article)(Statistical Data Included)
October 7, 2002... CANADIAN ENERGY COMPANIES led their US counterparts in mergers and acquisitions in Canada during the first half of this year, with the second highest activity level in the last 5 years, said Calgary-based Sayer Securities Ltd., an investment...
Baker Hughes Inc. (Industry Trends).(drilling rigs)(Brief Article)
October 7, 2002... US DRILLING ACTIVITY jumped by 23 rotary rigs to 875 the week ended Sept. 27, the highest level since the first week of this year when the rig count topped out at 883, officials at Houston based Baker Hughes Inc. reported.
That was down...
OPECNA. (Government Development).(Saudi Arabia natural gas offer)(Brief Article)
October 7, 2002... SAUDI ARABIA has given international oil companies vying to develop and utilize natural gas reserves in the kingdom until Nov. i to respond to final offers on its proposed $25 billion in projects, the Organization of Petroleum Exporting...
US Chemical. (Government Developments).(worker safety at chemical plants)(Brief Article)
October 7, 2002... THE US CHEMICAL Safety and Hazard Investigation Board (CSB) called on federal regulators and trade groups to improve the safety record of US chemical plants by broadening the scope of process safety rules in the workplace.
At a Sept. 17...
Harvest Natural Resources Inc. (HNR). (Quick Takes).(accelerating development in Venezuela)(Brief Article)
October 7, 2002... HARVEST NATURAL RESOURCES INC. (HNR), Houston, formerly Benton Oil & Gas Co., is accelerating development of Uracoa oil field in eastern Venezuela following the signing of a contract to sell as much as 198 bcf of natural gas for $1.03/Mcf...
Nuevo Energy Co. (Quick Takes).(offshore drilling application denied)(Brief Article)
October 7, 2002... In offshore development news, Nuevo Energy Co.'s bid to slant drill from Platform Irene in federal waters of the Santa Barbara Channel off California to tap reserves under state waters was denied 3-2 by the Santa Barbara County Board of...
TotalFinaElf Exploration Norge. (Quick Takes).(contract with Mitsubishi Heavy Industries)(Brief Article)
October 7, 2002... TOTALFINAELF SA unit TotalFinaElf Exploration Norge has awarded a contract to Mitsubishi Heavy Industries Ltd. to build a 145,000 cu m LNG carrier that will carry LNG from the Snohvit gas project in northern Norway to TotalFinaElf's customers...
Hunt Oil Corp. (Quick Takes).(planning liquefied natural gas plant)(Brief Article)
October 7, 2002... In other LNG activities, Dallas-based Hunt Oil Corp., which is leading the Camisea consortium's feasibility study for an LNG export project in Peru, is currently working on an environmental impact assessment for a proposed LNG plant near Canete...
Kuwait Petroleum Europoort BV. (Quick Takes).(contract with Foster Wheeler Italiana)(Brief Article)
October 7, 2002... KUWAIT PETROLEUM EUROPOORT BV awarded a contract to a subsidiary of Foster Wheeler Ltd., Clinton, NJ, to revamp a vacuum unit and hydrodesulfurization units at its 75,500 b/d refinery near Rotterdam.
Foster Wheeler unit Foster Wheeler...
Pak- Arab Refinery Ltd. (Quick Takes).(temporary refinery shutdown)(Brief Article)
October 7, 2002... In other refinery refurbishment activities, Pak- Arab Refinery Ltd. (Parco) said it shut down its 100,000 bid Parco refinery for a 38-day maintenance turnaround. Operations are expected to resume Nov. 7. The Parco refinery, near Multan at...
Union Carbide Corp. (Quick Takes).(plans for ethylene plant)(Brief Article)
October 7, 2002... UNION CARBIDE CORP's olefins plant in Seadrift, Tex., is the preferred location for a new 900,000 tonne/year ethylene cracker, said the company's parent, Dow Chemical Co., Midland, Mich., upon completing a site study for constructing a...
GTL Bolivia SA. (Quick Takes).(plans gas-to-liquids plant)(Brief Article)
October 7, 2002... GTL BOLIVIA SA (GTLB), Santa Cruz, has secured funding for a study to determine the feasibility of building a 10,000 b/d gas-to-liquids plant near Santa Cruz. Under terms of a licensing memorandum of understanding that GTLB and Denver-based...
Syntroleum Corp. (Quick Takes).(gas-to-liquids plant)(Brief Article)
October 7, 2002... Meanwhile, Syntroleum Corp., Tulsa, said its Sweetwater GTL project in western Australia might get suspended, although the company is continuing to explore alternatives. Syntroleum will take a third quarter write-down of $25-30 million to cover...
Unocal Corp. (Quick Takes).(hydrocarbon leak in Indonesian well)(Brief Article)
October 7, 2002... A THIN HYDROCARBON SHEEN has been reported near a Unocal Corp. deepwater well in the Makassar Strait, 46 miles off East Kalimantan, Indonesia. Unocal said its Unocal Indonesia Co. subsidiary has notified Indonesian authorities and mobilized...
Inter-American Development Bank. (Quick Takes).(financing for natural gas project)(Brief Article)
October 7, 2002... THE $1.3 BILLION CAMISHA natural gas project 500 km east of Lima expects to obtain financing from the Inter-American Development Bank (IADB) and other banks by early 2003 in order to begin producing and transporting natural gas and liquids to...
Kern River Gas Transmission Co. (Quick Takes).(pipeline expansion)(Brief Article)
October 7, 2002... In other pipeline news, Salt Lake City-based Kern River Gas Transmission Co. has begun construction on its 2003 pipeline expansion. The 31.2 billion project will increase the pipeline's capacity by 906 MMcfd once placed in service in May 2003,...
Kerr-McGee Corp. (Quick Takes).(production in North Sea)(Brief Article)
October 7, 2002... KERR-MCGEE CORE, Oklahoma City, reported that production is under way in Tullich and Maclure oil fields in the UK North Sea, using existing infrastructure in Quadrant 9.
Both fields were developed as subsea tiebacks to the...
Letters.(Brief Article)(Letter to the Editor)
October 7, 2002... Global staffing challenge
Ms. Judah's comments regarding the desirability of replacing US oil and gas technical staffs with foreign nationals strike me as ironic (OGJ, Sept. 23, 2002, p. 18).
The US oil majors had several opportunities...
US reserve additions hum. (Journally Speaking).(oil, gas reserves)(Brief Article)(Statistical Data Included)
October 7, 2002... Operators' stellar performance in more than replacing US production in 2001 revealed some interesting differences with respect to gaseous and liquid hydrocarbons.
The US Department of Energy's Energy Information Administration reported...
California's real problem. (Editorial).(Paso Natural Gas Pipeline case)(Brief Article)
October 7, 2002... Before foes of electricity deregulation draw grand conclusions from an official opinion against El Paso Natural Gas Pipeline Co., they should ask why the supposed market manipulation didn't happen in Pennsylvania. Here's a hint: California...
Turkmenistan's future in gas and oil hinges on certainty for export options. (Focus on Turkmenistan).(Statistical Data Included)
October 7, 2002... Turkmenistan is an important natural gas and oil-producing former Soviet republic of Central Asia whose potential is significant but constrained by a lack of certainty in hydrocarbon export options.
Turkmenistan's energy base is dominated...
US-Russian summit spotlights need for Russian oil law. (General - Interest).
October 7, 2002... Government and industry officials from the US and Russia called for production-sharing agreements (PSAs), a transparent and fair tax regime, and definitive minerals rights laws in Russia during a 2-day US-Russia energy summit in Houston last...
Study shows operators respond to economic drivers. (General Interest).(exploration and production firms)(Brief Article)
October 7, 2002... A 7-year analysis of operating expenses among 100 exploration and production firms in nearly 3,000 fields indicates "companies are responding to strong influence of economic drivers that call for achieving operating excellence," said executives...
No roadblocks seen to use of FPSOs in Gulf of Mexico. (General Interest).(floating production, storage, and offloading vessels)(Brief Article)
October 7, 2002... A 2-day workshop by offshore industry participants and government regulators in Houston late last month found "no identifiable roadblocks" barring use of floating production, storage, and offloading (FPSO) vessels in development and production...
Senate asks Interior to halt new drilling off California. (General Interest).(Brief Article)
October 7, 2002... Following related House action earlier this summer, the US Senate unanimously approved a measure that seeks to prohibit new drilling activity on 36 undeveloped federal oil and gas leases off the California coast (see related item, Newsletter,...
Data quality. (Watching Government).(Data Quality Act)(Brief Article)
October 7, 2002... The way federal agencies use data to form new regulations and policies changed Oct. 1, thanks to a little-known piece of legislation called the Data Quality Act. Industry proponents of the measure say that once the law is fully implemented,...
Anadarko to acquire Howell in $205 million deal. (Company News).(Brief Article)
October 7, 2002... Anadarko Petroleum Corp. said it will acquire Houston-based Howell Corp. in a cash deal valued at $265 million, which includes an estimated $65 million of Howell's bank debt once the deal doses. Anadarko is touting the acquisition as the...
El Paso Corp. shifts executive team after NYSE changes. (Personnel Moves and Promotions).(Brief Article)
October 7, 2002... El Paso Corp. revealed that it would be shifting certain key members of its executive management team.
Ronald 1. Kuehn has been elected to the position of lead director of El Paso's board. Kuehn's appointment, El Paso stated, was in...
Upstream moves. (Personnel Moves and Promotions).(Brief Article)
October 7, 2002... Beta Oil & Gas Inc., a Tulsa-based independent oil and gas exploration and production company, has appointed David A. Wilkins as its president and CEO. Wilkins, who also will serve on the company's board, succeeds Steve Antry.
Wilkins...
Curved-ray time migration can improve seismic imaging. (Special Report: Applied Geophysics).
October 7, 2002... Curved-ray prestack Kirchhoff time migration is rapidly replacing other seismic time migration methods for focusing seismic images of subsurface structures.
For most geologic environments, curved-ray migration offers tangible imaging...
New SEG president takes business view of technology. (Point of View).(Mike Bahorich of Society of Exploration Geophysicists)
October 7, 2002... Discussion of seismic technology with the new president of the Society of Exploration Geophysicists doesn't go far before business topics intervene.
The important threshold for any technology, says Mike Bahorich, Apache Corp. executive...
Design for operational events throughout well life maintains zonal isolation. (Drilling).
October 7, 2002... Preliminary results for varied temperature and pressure-loading conditions suggest that operators should analyze wells on an individual basis and apply forward-looking design techniques when selecting an annular sealant to meet the operational...
Appropriate practices avoid tube fitting failures. (Production).
October 7, 2002... A corrosion-related failure of a tube fitting on an offshore platform highlights a potential safety issue that could affect thousands of fittings currently in service worldwide.
Corrosion is not a hidden menace. Its onset in fittings...
NGL fractionation use in Western Canada will increase through 2010. (Gas Processing).(Statistical Data Included)
October 7, 2002... The utilization rate of central gas processing fractionators in Alberta should improve from now until 2010. This rate of central fractionation capacity dipped in 2001, coinciding with start-up of the Alliance Pipeline.
Central...
Equipment costs rise moderately. (Nelson-Farrar Quarterly).(oil and gas industry, refinery)(Statistical Data Included)
October 7, 2002... Costs for the five equipment items which make up the Nelson-Farrar miscellaneous equipment cost index were mixed in the 2000-01 period. The miscellaneous equipment index average rose from 916.5 to 944.7 in 24 months.
Greatest increase...
Analysis points to electric-motor drivers for Angola LNG. (LNG).
October 7, 2002... As part of work to develop a set of functional specifications for the Angola LNG project, Angola's state oil company Sociedade Nacional de Combustiveis de Angola (Sonangol) and ChevronTexaco Corp. engaged Foster Wheeler Energy Ltd., Reading,...
New pump used for refinery groundwater remediation. (Equipment/Software/Literature).(from Blackhawk Enviromnental)(Brief Article)
October 7, 2002... The new Anchor pump 101E is an electrically operated positive displacement piston jack version with a top head drive motor suited for low flow bottom intake recovery at abandoned refinery sites.
For groundwater remediation, the 101E pulls...
New compressor monitor internet-based. (Equipment/Software/Literature).(from eLynx Technologies)(Brief Article)
October 7, 2002... CompressorDOC, an internet-based product, immediately alarms field personnel via pager, phone, or e-mail when a compressor is not running.
Pumpers no longer have to take time checking on compressors that are running, the company points out....
Combustible gas monitor detects MTBE. (Equipment/Software/Literature).(from Mine Safety Appliances)(Brief Article)
October 7, 2002... The Ultima infrared combustible gas monitor is now able to detect methyl tertiary butyl ether.
Designed with reliable, advanced IR technology and easy-to-use features, the monitor is rugged, compact, and easy to calibrate. It is suited for...
New inflatable packer intervention system. (Equipments/Software/Literature).(Brief Article)
October 7, 2002... A new inflatable packer intervention system runs, sets, and releases on standard slick line.
A preset timer with downhole memory sets the packer assembly with wellbore fluids or carried inflation fluids. The new system can be used for...
Unifab International Inc. (Services/Suppliers).(personnel changes)(Brief Article)
October 7, 2002... New Iberia, La., has appointed Allen C. Porter Jr. as its president and chief executive officer, as well as president of Allen Process Systems LLC; and Bill Downey as its executive vice-president and chief operating officer, as well as...
Texas Capital Bank. (Services/Suppliers).(appoints Richard G. Fuerman)(Brief Article)
October 7, 2002... Dallas, has appointed Richard G. Fuerman as petroleum engineer for its energy banking group. Fuerman holds a BS degree in petroleum engineering from the University of Missouri-Rolla, and has more than 20 years of industry experience, with...
WellPoint Systems Inc. (Services/Suppliers).(Bob Tomes named chief financial officer)(Brief Article)
October 7, 2002... Calgary, has appointed Bob Tomes as its chief financial officer. Tomes, who holds a degree in commerce, and received his CA designation in 1980, has over 20 years of financial management experience.
WellPoint Systems is a growing oil and...
Randall & Dewey. (Services/Suppliers).(appoints new top executive)(Brief Article)
October 7, 2002... Houston, has named former Texaco executive, Claire S. Farley, as its chief executive officer. The appointment marks Farley's return to her roots in the upstream segment of the petroleum industry, after a stint as CEO of Trade-Ranger Inc., an...
API imports of crude and products.(American Petroleum Institute)(Brief Article)(Statistical Data Included)
October 7, 2002...
API IMPORTS OF CRUDE AND PRODUCTS
Districts 1-4 Districts 5
9-27 9-20 (1) 9-27 9-20 (1)
2002 2002 2002 2002
...
With Iraq, it's time to take names, make lists. (The Editor's Perspective).
October 7, 2002... It's time to stop talking and start taking names.
Two lists: for and against military action to end the regime of Iraqi President Sad-dam Hussein.
Condemnation goes only to world leaders whose names appear on neither list.
Any...
US refiners facing tough times for another year. (Market Hotline).(Brief Article)(Statistical Data Included)
October 7, 2002... US refiners have weathered choppy seas this year--and it doesn't look like smooth sailing ahead for quite a while.
The odds are that refining margins will continue to remain under pressure for some months to come--perhaps not seeing relief...
OGJ crack spread.(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
OGJ CRACK SPREAD
9-27-02 * 9-28-01 * Change Change,
$/bbl %
SPOT PRICES
Product value 33.74 27.06 6.68 24.7
Brent Crude ...
API crude and product stocks.(American Petroleum Institute)(Brief Article)(Statistical Data Included)
October 7, 2002...
API CRUDE AND PRODUCT STOCKS
Motor gasoline
Blending Jet fuels
Crude oil Total comp. (2) Naphtha
...
API refinery report.(American Petroleum Institute)(Brief Article)(Statistical Data Included)
October 7, 2002...
API REFINERY REPORT--SEPTEMBER 27, 2002
REFINERY OPERATIONS
Total Input
refinery Crude to crude Operable Parcent
input ...
OGJ gasoline prices.(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
OGJ GASOLINE PRICES
(Approx. prices for self-service unleaded gasoline)
Price Pump Pump
ex tax price * price
9-25-02 9-25-02 9-26-01
...
Refined product prices.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
REFINED PRODUCT PRICES
Spot market product prices
9-20-02
cents/gal
Motor gasoline
(Conventional-regular)
New York Harbor 78.78
Gulf Coast ...
Baker Hughes rig count.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
BAKER HUGHES RIG COUNT
9-27-02 9-28-01
Alabama 2 6
Alaska 8 12
Arkansas 1 0
California 19...
Smith rig count.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
SMITH RIG COUNT
9-27-02 9-28-01
Proposed depth, Rig Percent Rig Percent
ft count footage * count footage *
0-2,500 39 -- 60 ...
OGJ production report.(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
OGJ PRODUCTION REPORT
(Crude oil and lease condensate)
9-27-02 (1) 9-28-01 (2)
1,000 b/d
Alabama 23 26
Alaska 985 892
California 790 ...
US crude prices.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
US CRUDE PRICES
$/bbl * 9-27-02
Alaska-North Slope 27[degrees] 20.69
South Louisiana Sweet 30.25
California-Kern River 13[degrees] 25.25
Lost Hills 30[degrees] 27.95...
World crude prices.(Brief Article)(Statistical Data Included)
October 7, 2002...
WORLD CRUDE PRICES
$/bbl (1) 9-27-02
United Kingdom-Brent 38[degrees] 28.17
Russia-Urals 32[degrees] 26.65
Saudi Light 34[degrees] 25.84
Dubai Fateh 32[degrees]...
US natural gas storage.(Brief Article)(Statistical Data Included)
October 7, 2002...
US NATURAL GAS STORAGE (1)
9-20-02 9-13-02 Change
Bcf
Producing region 860 843 17
Consuming region east 1,732 1,687 45
Consuming...
Pace refining margins.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
PACE REFINNING MARGINS
July Aug. Sept. Sept.
2002 2002 2002 2001 Change
$/bbl
US Gulf Coast
West Texas...
US natural gas balance demand/supply scoreboard.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD
June May June June change
2002 2002 2001 2002-2001
bcf
DEMAND
...
US cooling degree days.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
US COLLING DEGREE DAYS (1)
2002 %change
July 2002 July 2001 Normal from normal
New England 247 144 179 38.0
Middle...
Worldwide NGL production.(natural gas liquids)(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
WORLDWIDE NGL PRODCTION
6 month Chg.vs.
average previous
June May Production year
...
Oxygenates.(Brief Article)(Illustration)(Statistical Data Included)
October 7, 2002...
OXYGENATES
July June YTD YTD
2001 2002 Change 2002 2001 Change
1,000 bbl
Fuel ethanol
Production 3,970 ...
US gas production declines again. (Market Movement).(Brief Article)
October 14, 2002... A survey of 30 of the largest US gas producers indicates that US gas production declined by 1% sequentially in the third quarter and likely will be down 6% for the year as a whole, analysts at Raymond James & Associates Inc., St. Petersburg,...
War premium price for oil fades. (Market Movement).
October 14, 2002... Even as US crude oil inventories fell to a 20-year low, New York and London markets last week trimmed the war premium that has recently boosted oil futures prices.
Sparked by uncertainties over possible military action by the United...
Industry Scoreboard.(Petroleum production statistics)
October 14, 2002...
Industry Scoreboard
US INDUSTRY SCOREBOARD -- 10/14
4 wk. 4 wk. avg. Change, YTD
Latest week 10/4 average year ago (1) % average (1)
Demand, 1,000 b/d
Motor gasoline ...
Industry will spend $100 billion on deepwater exploration and production worldwide in the next 5 years. (Industry Trends).
October 14, 2002... INDUSTRY will spend $100 billion on deepwater exploration and production worldwide in the next 5 years, predicts Business Communications Co. Inc. (BCC), Norwalk, Conn.
In a report entitled "World Markets for Deepwater Hydrocarbon...
Canadian oil and gas merger and acquisition prices are not moving in step with current spot prices. (Industry Trends).(Brief Article)
October 14, 2002... CANADIAN OIL AND GAS merger and acquisition prices are not moving in step with current spot prices, reports a recent study by Sayer Securities Ltd.
The Calgary-headquartered firm analyzed 532 transactions valued at greater than $5 million...
France has indicated that it is moving toward a full opening of its electricity and gas markets, including retail markets. (Government Developments).(Brief Article)
October 14, 2002... FRANCE has indicated that it is moving toward a full opening of its electricity and gas markets, including retail markets. But Industry Minister Nicole Fontaine said she was not yet prepared to set a specific date.
Following a meeting of...
Proinvestment, the government commission promoting privatization and concessions, is offering a take-or-pay contract for natural gas (Government Developments).(Peru)(Brief Article)
October 14, 2002... IN PERU, Proinvestment, the government commission promoting privatization and concessions, is offering a take-or-pay contract for natural gas from the Camisea natural gas project, 500 km east of Lima.
Operators of the $1.3 billion Camisea...
Myanmar's Cabinet has endorsed amendments easing stipulations in the long-term contract for natural gas sales to Thailand. (Government Developments).(Mayanmar's cabinet)(Brief Article)
October 14, 2002... MYANMAR'S CABINET has endorsed amendments easing stipulations in the long-term contract for natural gas sales to Thailand from Yetagun field in Myanmar's Gulf of Martaban.
The contract amendments approval followed protracted negotiations...
Shell Exploration & Production Co. (Quick Takes).(Discovery off shore Mississippi and Louisiana)(Brief Article)
October 14, 2002... SHELL EXPLORATION & PRODUCTION CO. (Sepco) has confirmed the presence of hydrocarbons in its Deimos prospect on Mississippi Canyon Block 806, off Louisiana-Mississippi.
Deimos, in 3,000 ft of water, is adjacent to the huge Mars discovery,...
DNO ASA. (Quick Takes).(Discovery in Yemen)(Brief Article)
October 14, 2002... Meanwhile, action is heating up in Yemen. A group led by DNO ASA, Oslo, found new pay in Tasour field on Block 32 in the Masila basin in a well that extended the main field pay south into an area previously assumed to be below the oil-water...
Vintage Petroleum Inc. (Quick Takes).(oil exploration report from company)(Brief Article)
October 14, 2002... On another project, the Yemeni affiliate of Vintage Petroleum Inc., Tulsa, has spudded the Osaylan 1 exploration well on the Alif/Lam prospect on Block S-1. Vintage operates the block with 75% interest, and TransGlobe has 25% (OGJ, Mar. 13,...
SOCO International PLC. (Quick Takes).(gas and oil exploration in Vietnam)(Brief Article)
October 14, 2002... In other exploration activities, SOCO International PLC made an oil and gas discovery with the first exploration well drilled on Block 9-2 in the Cuu Long basin off Vung Tau City, Viet Nam. The 09-2-CNV-1X well, drilled to 4,567 m TD, flowed...
Perupetro SA. (Quick Takes).(company awards Robertson Research International Ltd. oil exploration contract)(Brief Article)
October 14, 2002... State oil agency Perupetro SA has selected UK firm Robertson Research International Ltd. to design and implement a strategy to promote crude oil exploration and exploitation in Peru to boost Peru's hydrocarbon exploration, which has fallen...
Irving Oil Ltd. (Quick Takes).(repairs to company's refinery)(Brief Article)
October 14, 2002... IRVING OIL LTD., St. John, NB, currently has maintenance turnaround activities under way at its refinery at St. John. The refinery's fluid catalytic cracking unit was taken offline Sept. 27 for adjustments to the unit and installation of new...
Stuart oil shale sets record. (Quick Takes).(production at Alberta-Taciuk processor )
October 14, 2002... The Stuart Stage 1 oil shale demonstration plant at Gladstone, Queensland, has achieved its longest production run--121,000 bbl of oil--during a 52-day run completed Aug. 31. The year's total oil production of 276,000 bbl at the end of August...
Esso Norge AS. (Quick Takes).(contract for gas pipeline construction and installation)(Brief Article)
October 14, 2002... ESSO NORGE AS has awarded a contract valued at 75 million euros to Technip-Coflexip's Norwegian unit Coflexip Stena Offshore Norge AS for engineering, procurement, construction, and installation of 81 km of rigid natural gas flow lines,...
Damage to several rigs in the Gulf of Mexico. (Quick Takes).(Brief Article)
October 14, 2002... DAMAGE TO SEVERAL RIGS in the Gulf of Mexico following Hurricane Lili has been reported.
Houston-based Rowan International Inc. lost its Rowan-Houston drilling rig, which was severed from its legs and sank about 1,750 ft northwest of its...
Petroleo Brasileiro SA. (Quick Takes).(pipeline construction)(Brief Article)
October 14, 2002... PETROLEO BRASILEIRO SA expects to invest more than $2.5 billion by 2005 in new pipelines, said Petrobras CEO and Pres. Francisco Gros at the International Pipeline Conference & Exposition in Calgary Oct. 1.
Under a program called PEGASO, a...
The French and Yemeni Governments are investigating the cause of an explosion and fire that occurred Oct. 6 on the 500,000 dwt, double-hull Limburg very large crude carrier off Yemen. (Quick Takes).
October 14, 2002... THE FRENCH AND YEMENI GOVERNMENTS are investigating the cause of an explosion and fire that occurred Oct. 6 on the 500,000 dwt, double-hull Limburg very large crude carrier off Yemen. Of the tanker's crew of 25--8 French and 17 Bulgarian...