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January 24, 2005
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  In This Issue
  • World Industry News

  • Exploration & Discoveries

  • Drilling & Completion

  • Development & Production

  • Licensing & Concessions
    		•
  • Geosciences

  • Health Safety & Environment

  • Company News

  • Oil & Gas Prices

  • Events
    •   World Industry News
    (1/23/2005) Gabon & Equatorial Guinea repeat intent to settle island dispute
    (1/21/2005) OPEC raises world oil demand 1.6 million b/d
    (1/19/2005) Norway-UK treaty soon to be signed
    (1/19/2005) Venezuela continues drive for multi-polar energy pacts
    (1/17/2005) Australia invites East Timor to talk again
    (1/17/2005) Kuwait increases security at oil facilities after terrorist threat
    ...More World Industry News
      Exploration & Discoveries
    (1/21/2005) New gas discovery in central Alberta, Canada
    (1/20/2005) FX's Rusocin-1 to be completed for production testing
    (1/20/2005) Hurricane-1 strikes gas off Western Australia
    (1/20/2005) Hydro drilling Obelix prospect in Norwegian Barents Sea
    (1/20/2005) Santos' Jeruk 2/ST3 finds 379 meter oil column
    ...More Exploration & Discoveries
      Drilling & Completion
    (1/21/2005) Drilling rig contract signed for InterOil PNG program
    (1/21/2005) Statoil contracts Transocean Leader for Skinfaks & Rimfaks
    (1/20/2005) Big Sky to resume drilling on Morskoe Field
    (1/20/2005) Caribou's Canadian winter drilling underway
    ...More Drilling & Completion
      Development & Production
    (1/21/2005) Petronas puts Turkmenistan's Makhtumkuli Field onstream
    (1/21/2005) Norway okays Hydro's Njord gas project
    (1/21/2005) DNO's Tasour-15 near complete, Nabrajah-5 next
    (1/21/2005) Total to invest $400 million in Argentine gasfields
    (1/21/2005) Baku-Tbilisi-Ceyhan pipeline construction delayed
    (1/21/2005) Touchstone puts Texas' Vicksburg well on production
    (1/20/2005) Petrobras planning major developments in Espirito Santo
    (1/20/2005) Suncor oil sands expected at full production in 3rd quarter
    (1/20/2005) McMoRan puts US Gulf's Deep Tern well onstream
    (1/20/2005) Total boosting Indonesian investment to $1 billion in 2005
    (1/20/2005) Iran's Bahregansar Field onstream in November
    (1/20/2005) BP budgets $2 billion for UK North Sea developments
    ...More Development & Production
      Licensing & Concessions
    (1/23/2005) Ecuador calls for bids on 4 oil & gas fields
    (1/23/2005) OIL gives up US exploration block
    (1/23/2005) 7.14 million acres in Alaska NPR opened for leasing
    (1/21/2005) Cue buys into New Zealand's Maari block
    (1/21/2005) USR increases stake in Mississippi Puckett Field
    (1/20/2005) Greenland awards new block to EnCana & Nunaoil
    (1/20/2005) Lukoil Khanty-Mansiisk licenses in jeopardy
    (1/20/2005) Roc sale of Saltfleetby Field set to close
    (1/20/2005) Storm Cat Energy acquiring producing Powder River CBM
    ...More Licensing & Concessions
      Geosciences
    (1/21/2005) New Petrel workflow capabilities integrate seismic & simulation
    ...More Geosciences
      Health Safety & Environment
    (1/21/2005) Statoil request for full startup at Snorre-A turned down (update)
    ...More Health Safety & Environment
      Company News
    (1/23/2005) ChevronTexaco forms alliance for Western Australia research
    (1/21/2005) BP contracts Subsea 7 for West of Shetland projects
    (1/21/2005) Technip to install flowline on US Gulf's Ticonderoga Field
    (1/21/2005) Aker contracts for Ormen Lange merged
    (1/20/2005) Lukoil-ConocoPhillips JV plans discussed
    (1/20/2005) ONGC forges alliance with Halliburton
    (1/20/2005) Medco Energi to buy out Thai PTT stake
    (1/20/2005) Hydro cancels Farstad order on bidding irregularities (update)
    (1/20/2005) ENAP sets exploration expenditures for 2005
    (1/20/2005) Shell contracts Offshore Logistics for North Sea services
    (1/20/2005) AMEC acquires Paragon Engineering for $38 million
    (1/20/2005) Roxar supplying Rosa Field subsea multiphase flow meters
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Fri. 1/21
    Oil (US$ per bbl crude)
    OPEC Basket 41.52
    0.0
    Dubai Fateh 40.46
    +4.6%
    Bonny Light 46.40
    +3.6%
    N. Sea Brent 45.73
    +3.7%
    Forties 46.45
    +3.7%
    Urals/Mediterranean 40.75
    +4.2%
    Alaska N. Slope 43.50
    +5.0%
    W. Texas Intermediate 48.53
    +3.4%
    Gas (US$ per mmbtu)
    Henry Hub* 6.44
    +3.5%
    UK Day Ahead** 36.10
    +26.7%
    *US$ per MMBTUs
    **UK pence per therm
    All prices are indicative only. OGI accepts no responsibility for their accuracy.
    Price Details & Analysis
      Industry Events
    January 24-25
    Underground Construction Technology, Houston, Texas USA
    January 24-25
    International African Pipeline Conference, Tunis, Tunisia
    January 25
    IPAA International Forum, Houston, Texas USA
    January 26-27
    North American Prospect Expo, Houston, Texas USA
    January 26-27
    Tight Gas Development Asia 2005 Conference, Kuala Lumpur, Malaysia
    January 27-28
    Caribbean Energy Annual Conference, Miami, Florida USA
    January 27-28
    Technical Strategies for Marginal Assets Conference, Aberdeen, Scotland
    January 27-28
    LNG: Economics & Technology, Houston, Texas USA
    January 28
    IPAA Wildcatters' Ball, Houston, Texas USA
    January 29-February 2
    Pipeline Rehabilitation & Maintenance Conference, Manama, Bahrain
    January 30-February 2
    Natural Gas Technologies Conference, Orlando, Florida USA
    January 31-February 1
    Canadian Institute Shale Gas, Calgary, Alberta, Canada
    ...More Events

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