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Market movement. (Newsletter).(war with Iraq poses risks to world oil market)(Brief Article)
September 30, 2002... Iraqi war market risks
Risks to world oil markets from another war involving Iraq aren't likely to emerge until next year, but the extent of risk hinges largely on whether Saudi Arabia is willing and able to make up any shortfalls in oil...
Industry scoreboard.(various statistics of U.S. petroleum industry)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
Industry Scoreboard
US INDUSTRY SCOREBOARD--9/30
4 wk. 4 wk. avg. Change, YTD
Latest week 9/20 average year ago % average (1)
Demand, 1,000 b/d
Motor gasoline ...
Ziff Energy Group. (Industry Trends).(operating costs rise at oil and natural gas fields)(Brief Article)(Statistical Data Included)
September 30, 2002... WESTERN CANADA'S operating costs at oil and natural gas fields continue to rise, but producers can cut costs and maximize cash flow through better energy management programs, said Ziff Energy Group, Calgary.
In its 2002 study of 195 oil...
Asia-Pacific's Petrochemical. (Industry Trends).(demand and capacity statistics)(Brief Article)(Statistical Data Included)
September 30, 2002... ASIA-PACIFIC'S PETROCHEMICAL sector is set to expand, with a number of world-scale ethylene crackers coming on stream and more being planned.
Business Communications Co. Inc., Norwalk, Conn., reports in a study that work has resumed on...
The European Commission. (Government Developments).(energy security proposals face skepticism)(Brief Article)
September 30, 2002... THE EUROPEAN COMMISSION'S energy security proposals face skepticism from the International Energy Agency, oil companies, and some member governments.
EC Energy Commissioner Loyola de Palacio said she believes that the "framework of the...
China National Offshore Oil Corp. (Exploation).(requests bids for oil and gas exploration)(Brief Article)
September 30, 2002... CHINA NATIONAL OFFSHORE OIL CORP. (CNOOC) has requested bids from foreign companies for oil and gas exploration and development of 12 virgin deepwater blocks in the South China Sea. The area, south and east of Hainan Island, covers 76,000 sq...
Shell Exploration & Production Co. (Drilling).(completes application of MonoDiameter expandable tubular technology with two other companies)(Brief Article)
September 30, 2002... SHELL EXPLORATION & PRODUCTION CO. (Sepco), Shell International Exploration & Production Inc., and Enventure Global Technology, all of Houston, successfully completed the world's first application of their MonoDiameter expandable tubular...
BASF Corp. (Petrochemicals).(investigates fire at Freeport, TX, facility)(Brief Article)
September 30, 2002... BASF CORP. at presstime was still investigating the cause of a fire that erupted Sept. 13 at its Freeport, Tex., petrochemical facility. An explosion occurred following reports of a railcar chemical release of xyxlohexanone oxime, which is...
Shanghai Cabot Chemical Co. (Petrochemicals).(to expand carbon black production facility)(Brief Article)
September 30, 2002... In other petrochemical news, Shanghai Cabot Chemical Co. Ltd. plans to expand its carbon black production facility in Shanghai, China, to increase production by more than 50,000 tonnes/year. The $25 million plant expansion will use advanced...
Shell Gas Transmission LLC. (Pipelines).(and Enterprise Products Partners L.P. to jointly build pipeline)(Brief Article)
September 30, 2002... SHELL GAS TRANSMISSION LLC and Enterprise Products Partners LP, both of Houston, plan jointly to construct a $40 million pipeline in the western Gulf of Mexico to deliver natural gas from the deepwater Garden Banks area to existing pipeline...
Colonial Pipeline Co. (Quick Takes).(plans to build new pipeline to Knoxville)(Brief Article)
September 30, 2002... In other pipeline activities, Colonial Pipeline Co., Atlanta, has approved plans to construct a new, larger pipeline to Knoxville that would provide eastern Tennessee with additional gasoline and other liquid fuels.
Colonial plans to lay...
Sunoco Inc. (Quick Takes).(plans to build a sulfur recovery plant)(Brief Article)
September 30, 2002... SUNOCO INC., Philadelphia, plans to build and operate a sulfur recovery plant at the company's 175,000 b/d refinery at Marcus Hook, Pa. Currently, acid gases are being treated at a neighboring plant operated by General Chemical Corp., and...
Statoil ASA. (Quick Takes).(reaches agreement with striking workers)(Brief Article)
September 30, 2002... Elsewhere on the refining scene, a 7-day workers' strike-- which had affected vessel traffic to and from Statoil ASA's Mongstad refinery and reduced that plant's output-was called off Sept. 16 after the Confederation of Vocational Unions and...
Premcor Inc. (Refining).(shuts down refinery in Hartford, IL)(Brief Article)
September 30, 2002... In other refining news, Premcor Inc., one of the largest independent refiners and marketers of unbranded transportation fuels and heating oil in the US, is shutting down its 70,000 bid Hartford, Ill., refinery in early October. The Old...
A Unit of Williams Cos. Inc. (Production).(begins receiving natural gas through Canyon Station platform)(Brief Article)
September 30, 2002... A UNIT OF WILLIAMS COS. INC., Tulsa, has begun receiving natural gas through its 500 MMcfd Canyon Station production-handling platform commissioned earlier this summer in the eastern Gulf of Mexico, The fixed-leg platform stands in 300 ft of...
Petrochina Co. Ltd. (Development).(signs 30-year agreements with Sunwing Energy Ltd., Pan China Resources Ltd.)(Brief Article)
September 30, 2002... PETROCHINA CO. LTD. signed a 30-year PSC with Sunwing Energy Ltd., Calgary, and Pan China Resources Ltd., subsidiaries of Vancouver, BC-based Ivanhoe Energy Inc., for joint venture development of natural gas reserves on the Zitong Block in...
Calendar.
September 30, 2002... Denates 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...
A TLP's tale. (Journally Speaking).(tension leg platform sold by Kerr-McGee North Sea (UK) Ltd.)(Brief Article)(Statistical Data Included)
September 30, 2002... The Hutton tension leg platform was in the news again early this month, following its sale by Kerr-McGee North Sea (UK) Ltd., a unit of Kerr-McGee Corp., Oklahoma City, to Monitor TLP Ltd. for $29 million, net to Kerr-McGee (OGJ Online, Sept....
The Greens in Germany. (Editorial).(Green Party in German elections)(Brief Article)
September 30, 2002... For the oil and gas business, the significance of this month's voting in Germany is not the rift that developed between that country and the US, which has drawn the most attention. It is instead the widespread suspicion that devastating...
EIA's Caruso: DOE's information unit to bolster data quality, international scope. (Point of View).(Energy Information Administration, Guy F. Caruso)(Brief Article)
September 30, 2002... Created in the wake of the oil price spikes of the 1970s, the US Energy Information Administration continues to strive to be relevant to industry, investors, and the general public seeking reliable and unbiased energy information.
EIA is...
Timely dialogues. (Watching Government).(oil prices and OPEC production quotas)(Brief Article)
September 30, 2002... Policy-makers from nearly 70 countries attended the 8th International Energy Forum in Osaka Sept. 21-23. Organizers planned the meeting 2 years ago, but the timing of the discussions between oil producing and consuming countries, could not...
National security cited as US energy bill debate heats up. (General Interest).(Brief Article)
September 30, 2002... A key US congressional lawmaker pledged to industry leaders Sept. 24 that Congress would pass "a good bill, perhaps even a great bill" this year emphasizing national security and economic stability.
House Energy and Commerce Chairman...
TIPRO, TRC at odds over independents bond requirements. (General Interest).(Texas Independent Producers and Royalty Owners Association, Texas Railroad Commission, financial guarantees against environmental damage during drilling)(Brief Article)
September 30, 2002... The Texas Independent Producers & Royalty Owners Association (TIPRO) is pushing the Texas Railroad Commission to allow independent exploration and production companies the 3-year phase-in period originally designated by state legislators in...
PIRINC: Iraqi oil production drop crucial to crude oil price spike. (General Interest).(Brief Article)
September 30, 2002... The falloff of Iraqi oil production probably has contributed more to recent price increases than any so-called "war premium" risk factor of pending US military action against Iraq, said industry analysts at Petroleum industry Research...
Canada's Kyoto debate to hit full throttle this year. (General Interest).(Brief Article)
September 30, 2002... A national debate on whether Canada should ratify the Kyoto Protocol on Climate Change will likely reach a clutch point later this year.
Ottawa has agreed to requests from provincial and territorial leaders for a national conference on...
US oil industry seen playing key role in greenhouse gas emissions cuts. (General Interest).(Brief Article)
September 30, 2002... US producers may be able to help reduce greenhouse gas (GHG) emissions and boost domestic oil production by expanding enhanced recovery methods, policymakers said in a recent report.
A work group organized by the Interstate Oil and Gas...
Venezuela, Trinidad & Tobago to unitize joint gas fields. (General Interest).
September 30, 2002... The governments of Venezuela and Trinidad and Tobago have agreed to work aggressively towards the unitization of certain natural gas fields that straddle both countries' borders.
Included in that accord is a major cross-border gas field,...
Premcor cuts staff, takes restructuring charge. (Company News).(multiple briefs)
September 30, 2002... Independent refiner Premcor Inc. said it will cut its nonunion staff by about 20% and will record a $10 million restructuring charge in the third quarter related to the reduction. The Old Greenwhich, Conn.-based company said the cuts should...
FERC judge says El Paso unit withheld gas from California amid crisis. (General Interest).(El Paso Natural Gas Co.)(Brief Article)
September 30, 2002... In a modified reiteration of a decision issued late last year, a Federal Energy Regulatory Commission judge found that El Paso Corp. illegally exercised market power by withholding supplies of natural gas to California at the time of a...
Ashland elects O'Brien to CEO spot. (Personnel Moves and Promotions).(James J. O'Brien)(Brief Article)
September 30, 2002... James J. O'Brien, currently serving as president and chief operating officer of Ashland Inc., has been elected to serve as CEO of the Covington, Ky.-based firm effective Oct. 1. As previously reported, O'Brien will become chairman of the...
Other moves. (Personnel Moves and Promotions).(Brief Article)
September 30, 2002... Charles B. Stanley has been named president and CEO of Questar Market Resources (QMR), a unit of Salt Lake City-based Questar Corp. and executive vice-president of Questar. Stanley succeeds Gary L. Nordloh, who will retire as QMR president...
Frio-Vicksburg exploration focus areas identified in Mexico's Burgos basin. (Exploration & Development).(Statistical Data Included)
September 30, 2002... BURGOS TARGETS--2
In an effort to identify future exploration focus areas, Pemex conducted a detailed analysis of the Burgos basin's dominant Frio-Vicksburg play.
The first part of this article (OGJ, Sept. 23, 2002, p. 34) described...
Tipperary Corp. (Exploration & Development).(drilling for natural gas)(Brief Article)(Statistical Data Included)
September 30, 2002... Colorado
Tipperary Corp., Denver, said extensive development drilling could occur for gas in the Cretaceous Almond formation in Moffat County.
The Elm Ridge Resources, Dallas, and Tipperary 1-34 Ninemile Federal well averaged 2 MMcfd...
Nuevo Energy Co. (Exploration & Development).(acquires Athanor Resources)(Brief Article)
September 30, 2002... Texas
West
Nuevo Energy Co., Houston, acquired private Athanor Resources Inc., Fort Worth, whose main asset is 100 bcfe (97% gas) of reserves in Pakenham field where Nuevo sees attractive development and exploration potential.
...
Surveys track US, Canada well service rigs. (Special Report: Production).(Statistical Data Included)
September 30, 2002... Organizations having surveys that track US and Canada well service rigs activity include Weather-ford Artificial Lift Systems Inc., Houston, in conjunction with the Association of Energy Service Companies (AESC), Houston, Baker Hughes Inc.,...
Level 6 multilateral numbers increase. (Production).
September 30, 2002... Level 6 multilateral-junction well completions have started gaining acceptance in the petroleum industry. These completions offer reduced installation risk, faster installation times, and greater flexibility.
The TAML (Technology...
[CO.sub.2] overcomes sandstone acidizing problems. (Production).
September 30, 2002... Carbon dioxide ([CO.sub.2]) pumped ahead of an acid treatment preconditions the formation and overcomes sandstone acidizing problems that may occur with conventional treatments.
Conventional treatments can have problems such as...
Deep, hot wildcat drills fast and problem--free with conventional oil-base fluid. (Drilling).
September 30, 2002... Without hole problems and at high rates of penetration (ROP), Chevron-Texaco Corp. successfully drilled a deep, hot South Texas well, named Endeavour No. 2, under high temperature, high-pressure (HTHP) conditions using a conventional diesel...
New method estimates sulfuric acid emissions from fired heaters. (Refining).
September 30, 2002... When a sulfur-bearing fuel is burned, essentially all the sulfur is initially converted to [SO.sub.2], the primary form of sulfur emissions from combustion equipment. A small portion of the converts to 503 and then some of this 503 forms...
DRA increases Indonesia pipeline capacity td allow accelerated field production. (Pipelines).(drag-reducing agent)
September 30, 2002... Use of a drag-reducing agent (DRA) allowed an Indonesian pipeline system to overcome capacity constraints quickly, bring on stream additional crude production, and shut down some pumping capacity at substantial savings.
Use of DRA also...
New drilling rig generator. (Equipment/Software/Literature).(from Kato Engineering)(Brief Article)
September 30, 2002... Here's the new 1,500 kw, 2,500 kva Model 6P6.6-3400 drilling rig generator, smaller and less costly than the company's current 2,500 kva design.
The unit is designed to match the Caterpillar Inc. engine, promising rugged, reliable, and...
New in-line load cell works in compression, tension. (Equipment/Software/Literature).(Brief Article)
September 30, 2002... The new Model RG load cell is a compression/tension in-line unit capable of withstanding torque and off-axis loads.
It exhibits only 0.003 in. full scale deflection and is suited for in-line applications where side loading cannot be...
Patent granted regenerable hydorcarbon filter. (Equipment/Software/Literature).(from MPR Services)(Brief Article)
September 30, 2002... A US patent has been granted for a regenerable hydrocarbon filter for the HCX process, which is designed to maintain constant amine solvent purity by removing iron sulfide, hydrocarbons, and heat stable salts.
The new filter will help...
Computational fluid dynamics software updated. (Equipment/Software/Literature).(from AEA Technology Engineering Software)(Brief Article)
September 30, 2002... CFX-5.5.1 is the latest version of this firm's computational fluid dynamics software system, which allows engineers to apply CFX to a range of flows by providing new models and offering near total interoperability between the range of...
UV searchlight aids oil spill detection. (Equipment/Software/Literature).
September 30, 2002... ColorLight, a searchlight, uses UV (blacklight) technology for quick and cost-effective results in the early stages of oil spill detection.
It allows clear visibility of oil spills through darkness, fog, rain, and snow by using UV light...
MPR Services Inc. (Services/Suppliers).(announces appointments of Dennis K. Nelsen, Mike Millard)(Brief Article)
September 30, 2002... Houston, has named Dennis K. Nelsen vice-president of sales and marketing, and Mike Millard manager of sales and marketing.
Nelsen has more than 20 years of refinery experience in the areas of cyanide control, specialty chemicals, amine...
Oil States Industries Inc. (Services/Suppliers).(purchases Big Inch Marine Systems Inc. from Stolt Offshore Inc.)(Brief Article)
September 30, 2002... Arlington, Tex., has announced its acquisition of Big Inch Marine Systems Inc. from Stolt Offshore Inc.
Big Inch Marine, which provides sub-sea pipeline connection products and services, will be merged into Oil States HydroTech Division....
Pace Project Services Ltd. (Services/Suppliers).(hires Paul Campbell for U.S. operations)(Brief Article)
September 30, 2002... Edinburgh, UK, has named Paul Campbell as regional director for the American market, based in Pace's Houston office. Campbell received a civil engineering degree from Texas A&M University, and earned an MBA from Edinburgh University. He has...
Pinnacle Energy Solutions. (Services/Suppliers).(hires Steve Bracing, Robert Hollier)(Brief Article)
September 30, 2002... Broussard, La., has announced that Robert Hollier, former president and CEO of OSCA, and Steve Bracing, former CFO of OSCA, have joined Pinnacle as owners and directors of the company. The announcement was made by Pinnacle president, Michael...
TAK Petroleum Inc. (Services/Suppliers).(appoints David Whitney president)(Brief Article)
September 30, 2002... Fort Worth, Tex., has elected David Whitney as its president. A graduate of Texas Christian University, Whitney holds CPA and CCP certificates, and has 23 years of oil industry experience in the fields of accounting, finance, employee...
Torch Offshore Inc. (Services/Suppliers).(announces personnel appointments)(Brief Article)
September 30, 2002... New Orleans, has hired David A. Gray as general manager of its deepwater operations. Named to staff the deepwater project management team are Darrell L. Evans, manager-engineering support, and Bruce R. Yoder and Mary Scardino Nash, project...
OGJ crack spread. (Statistics).(includes pricing information)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
OGJ CRACK SPREAD
9-20-02 * 9-21-01 * Change Change,
$/bbl %
SPOT PRICES
Product value 32.71 32.01 0.70 2.2
Brent...
API crude and product stocks. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
API CRUDE AND PRODUCT STOCKS
Motor gasoline
Blending Jet Fuels
Crude oil Total comp. (2) Naphtha
...
API refinery report. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
API REFINERY REPORT--SEPTEMBER 20, 2002
REFINERY OPERATIONS
Total Input
refinery Crude to crude Operable Percent
...
API imports of crude and products. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
API IMPORTS OF CRUDE AND PRODUCTS
Districts 1-4 District 5
9-20 9-13 (1) 9-20 9-13 (1)
2002 2002 2002 2002
...
OGJ gasoline prices. (Statistics).(for self-service unleaded gasoline)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
OGJ GASOLINE PRICES
(Approx, prices for self-service unleaded gasoline)
Price Pump Pump
ex tax price * price
9-18-02 9-18-02 9-19-01
...
Refined product prices. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
REFINED PRODUCT PRICES
Spot market product prices
9-13-02
cents/gal
Motor gasoline
(Conventional-regular)
New York Harbor 77.75
Gulf Coast ...
Baker hughes rig count. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
BAKER HUGHES RIG COUNT
9-20-02 9-21-01
Alabama 2 6
Alaska 9 12
Arkansas 2 1
California ...
Smith rig count. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
SMITH RIG COUNT
9-20-02 9-21-01
Proposed depth, Rig Percent Rig Percent
ft count footage * count footage *
0-2,500 40 -- ...
OGJ production report. (Statistics).(Crude oil and lease condensate statistics)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
OGJ PRODUCTION REPORT
(Crude oil and lease condensate)
9-20-02 (1) 9-21-01 (2)
1,000 b/d
Alabama 23 26
Alaska 989 901
California 792 ...
US crude prices. (Statistics).(as of 9/20/02)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
US CRUDE PRICES
$/bbl * 9-20-02
Alaska-North Slope 27[degrees] 20.69
South Louisiana Sweet 29.50
California-Kern River 13[degrees] 25.50
Lost Hills 30[degrees] ...
World crude prices. (Statistics).(broken down by various countries)(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
WORLD CRUDE PRICES
$/bbl (1) 9-13-02
United Kingdom-Brent 38[degrees] 28.47
Russia-Urals 32[degrees] 26.85
Saudi Light 34[degrees] 26.20
Dubai Feteh...
US natural gas storage. (Statistics).(Brief Article)(Illustration)(Statistical Data Included)
September 30, 2002...
US NATURAL GAS STORAGE (1)
9-13-02 9-6-02 Change
Bcf
Producing region 843 823 20
Consuming region east 1687 1,642 45...
Senate bill study for API touts wrong set of savings. (The Editor's Perspective).(American Petroleum Institute)(Brief Article)(Statistical Data Included)(Editorial)
September 30, 2002... Casual reading of a study commissioned by the American Petroleum Institute on proposed fuels legislation makes costs of an ethanol mandate in gasoline look acceptable.
It's unfortunate that casual reading is all the study will receive...
OPEC shrugs at status quo amid uncertainty. (Market Hotline).(Organization of Petroleum Exporting Countries)(Brief Article)
September 30, 2002... Even with the threat of war looming between the US and Iraq, rising oil demand, and dwindling crude inventories, the Organization of Petroleum Exporting Countries pretty much just shrugged at its Sept. 19 meeting in Osaka.
While there...
Petroleum Software Technology Guide. (Accounting & Statistics - Economics/Financial Analysis).(directory of various software companies and their offerings)(Directory)
September 30, 2002... Accounting & Statistics
AVATAR SYSTEMS INC.
5728 LBJ Frwy., #270
Dallas, TX 75240
Phone: 972.720.1800
Fax: 972.720.1900
Toll Free: 800.490.0055
Web Page: www.avatarsystems.net
Chuck Shreve, Pres.
...
Petroleum Software Technology Guide. (Engineering - Internet Solutions).(directory of various software companies and their offerings)(Directory)
September 30, 2002... Engineering
CEGELEC COMSIP ITS
3 Rue E & A Peugeot
RUEIL-MALMAISON
3 Rue Eugene & Armand Peugeot
RUEIL-MALMAISON Cedex
France 92508
Phone: +33 1 47 52 80 00
Fax: +331 1 47 52 80 90
Web Address:...
Petroleum Software Technology Guide. (Land & Leasing - Production Accounting).(directory of various software companies and their offerings)(Directory)
September 30, 2002... Land & Leasing
AVATAR SYSTEMS INC.
5728 LBJ Frwy., #270
Dallas, TX 75240
Phone: 972.720.1800
Fax: 972.720.1900
Toll Free: 800.490.0055
Web Page: www.avatarsystems.net
Chuck Shreve, Pres.
972.720.1800...
Petroleum Software Technology Guide. (Production Engineering & Equipment Systems - Well Log Analysis).(directory of various software companies and their offerings)(Directory)
September 30, 2002... Production Engineering & Equipment Systems
ACLARO SOFTWORKS, INC.
4801 Woodway, Suite 100E
Houston, TX 77056
Phone: +1.713.392.5306
Fax: +1.713.355.7202
Toll Free: 877.222.5276
E-mail: info@aclaro.com
Web:...
Market movement. (Newsletter).(Brief Article)(Statistical Data Included)
September 23, 2002... IEA sees oil stocks trending lower
Amid sluggish product demand growth, poor refining margins, decreased compliance with output quotas by members of the Organization of Petroleum Exporting Countries, and the risk of a double-dip...
Simmons & Co. International. (Industry Trends).(drilling recovery)(Brief Article)(Statistical Data Included)
September 23, 2002... MORE ANALYSTS are projecting a slower drilling recovery than they earlier anticipated.
Simmons & Co. International, Houston, reduced its second half 2002 and full year 2003 rig count forecast for the US and Canada along with its oil...
BP PLC. (Industry Trends).(seeking gas supply contracts in Norway)(Brief Article)
September 23, 2002... BP PLC is seeking to secure natural gas supplies across the North Sea's UK-Norway border.
Within 3 months, BP hopes to develop plans with input from the UK and Norwegian governments, gas suppliers, and pipeline owners.
In August, BP...
France's Parliament. (Government Developments).(EU's plans to open natural gas market)(Brief Article)
September 23, 2002... FRANCE'S PARLIAMENT plans a broad debate during October to try to transpose into law the European Union's directive that would open up the French natural gas market.
The 2-year-old liberalization process, originally scheduled for August...
The US Environmental Protection Agency. (Government Developments).(extension to two refiners)(Brief Article)
September 23, 2002... THE US ENVIRONMENTAL PROTECTION AGENCY may allow two independent refiners more time to meet the agency's low-sulfur diesel rule.
EPA said it would allow public comment on the refiners request through Oct. 15, although under the fuel rule...
The US Federal Energy Regulatory Commission. (Government Developments).(Brief Article)
September 23, 2002... THE US FEDERAL ENERGY REGULATORY COMMISSION has reasserted its jurisdiction over a gas-gathering system off South Texas.
Williams Cos. Inc.'s subsidiaries Transcontinental Gas Pipe Line Corp. and Williams Field Services, a midstream unit...
Azeri-Chirag-Gunashli (ACG). (Development).(oil project)(Brief Article)(Statistical Data Included)
September 23, 2002... THE CONSTRUCTION STAGE of Phase 2 of the Azeri-Chirag-Gunashli (ACG) full field development project in the Azerbaijan sector of the Caspian Sea was sanctioned Sept. 18 by the development project's steering committee comprised of...
Husky Oil Operations Ltd. (Quick Takes).(contract with Technip-Coflexip unit)(Brief Article)(Statistical Data Included)
September 23, 2002... In other development news, Husky Oil Operations Ltd., a unit of Husky Energy Inc. Calgary, awarded a 165 million euro contract to a unit of Technip-Coflexip for design and construction of Husky's subsea production system for its White Rose...
Atlantia Offshore Ltd. (Quick Takes).(subcontract to Paragon Engineering Services Inc)(Brief Article)
September 23, 2002... Houston-based Atlantia Offshore Ltd., which has a turnkey contract from TotalFinaElfSA unit TotalFinaElf E&P USA Inc. to install a monocolumn tension-leg platform in Matterhorn oil field in the Gulf of Mexico, awarded a subcontract to Paragon...
Rentech Inc. (Quick Takes).(Brief Article)
September 23, 2002... RENTECH INC., Denver, and Global Process Systems Inc., Dubai, have signed a memorandum of understanding to provide technology license and engineering services worldwide for gas-to-liquids process technology on floating production systems.
...
Peru's Camisea. (Pipelines).(contract with Etecen)(Brief Article)
September 23, 2002... PERU'S CAMISEA natural gas project will have a guaranteed income for the transportation and distribution of gas via pipeline through a contract covering the difference in the cost of transportation until production reaches 380-450 MMcfd.
...
ANR Pipeline Co. (Quick Takes).(nonbinding open season )(Brief Article)
September 23, 2002... In other pipeline news, ANR Pipeline Co., a unit of Houstonbased El Paso Corp., is holding a nonbinding open season through Oct. 11 to gauge shipper interest in additional natural gas capacity on ANR's existing system along the Lebanon...
BP Exploration (Angola) Ltd. (Quick Takes).(oil discovery )(Brief Article)(Statistical Data Included)
September 23, 2002... BP EXPLORATION (ANGOLA) LTD. has made an oil discovery on ultradeepwater Block 31 off Angola, 248 miles northwest of Luanda. This is the second exploration well BP has drilled on Block 31, which lies in 4,922-8,203 ft of water and covers an...
Amerada Hess Corp. (Exploration).(well off of Equatorial Guinea)(Brief Article)
September 23, 2002... Also off West Africa, Amerada Hess Corp. struck pay again with an appraisal well in the eastern portion of Elon field off Equatorial Guinea. The well, drilled in 165 ft of water, encountered 316 ft of net oil pay in a single, continuous...
Syntroleum Peru Holdings Ltd. (Quick Takes).(Brief Article)
September 23, 2002... Syntroleum Peru Holdings Ltd. and Houston-based BPZ Energy Inc. are seeking one or more partners to join their activities in Block Z-1 off Peru's far northern coast, according to BPZ Pres. Fernando Zuniga. Syntroleum and BPZ hope to build on...