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Thursday, February 16, 2006
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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
    (2/14/2006) Bush plans to waive $7 billion in royalty payments
    (2/13/2006) Nigeria flares up again with jackup invasion & new threats
    ...More World Industry News
      Exploration & Discoveries
    (2/15/2006) Pebercan makes new discovery onshore Cuba
    (2/15/2006) Large gasfield discovery in Persian Gulf
    (2/15/2006) Rosneft scores discovery in Algeria's Illizi Basin
    (2/15/2006) CDS discovers oil & gas in Paraguay
    (2/15/2006) Premier abandoning Natuna Sea exploration well
    (2/15/2006) Ivanhoe exploration well in California set for testing
    (2/14/2006) Rosneft & Korean consortium to develop Kamchatka field
    (2/14/2006) Eni drills a dry hole offshore Western Australia
    (2/14/2006) Petrovietnam confirms major Algeria discovery
    (2/14/2006) GUPCO & Agiba make oil discoveries in Egypt
    (2/14/2006) Hardman spuds Uganda wildcat beside Lake Albert
    (2/14/2006) Petsec Energy spuds 4th well in US Gulf Main Pass
    (2/14/2006) Total scores 5th discovery in Angola's ultra-deep Block 32
    (2/13/2006) Global's Tilodiran-2 reaches company depth record
    (2/13/2006) Rosneft & Lukoil JV to drill Azov Sea test well
    (2/13/2006) Young Oil strikes big gasfield in Kentucky
    (2/13/2006) Gas flows from Arc's Snottygobble well
    (2/13/2006) M&P confirm extension of Gabon's Vandji play
    (2/13/2006) MOL make another discovery in Pakistan's Tal Block
    (2/13/2006) Significant gas discovery on Texas' Allen Ranch
    (2/13/2006) Geordie-1 spudded in South Australia's Cooper Basin
    (2/13/2006) Kappa spuds Duna-1 in Colombia's Abanico Block
    (2/13/2006) Sundance spuds Oklahoma Ashland prospect
    ...More Exploration & Discoveries
      Drilling & Completion
    (2/15/2006) ONGC charters Aban Loyd's Aban II jackup
    (2/15/2006) Rowan extends North Sea contract for Gorilla VII
    (2/14/2006) TAG sole risk test flows gas in NZ's Supplejack South-1a
    (2/13/2006) New INTEVEP technology saving 30% on cementing
    (2/13/2006) Three Transocean high-spec deepwater semis contracted
    ...More Drilling & Completion
      Development & Production
    (2/15/2006) Trinidad & Venezuela accord needed to develop gasfields
    (2/15/2006) Statfjord A & Snorre back onstream at capacity
    (2/15/2006) Horizon completes tie-in of Texas Stewart-1 well
    (2/14/2006) Antrim's 4th Tierra del Fuego producer flows 9.5 million cf/d
    (2/14/2006) South Pars' first oil layer well successfully drilled
    (2/14/2006) Vicpet drilling Mirage production well in South Australia
    (2/14/2006) Hydro cuts gas output from Troll C platform
    (2/13/2006) EGPI Firecreek completes 2 Ten Mile Draw CBM gaswells
    (2/13/2006) Anzon's Manta-2a prepping for tubing & completion
    (2/13/2006) SPD achieves high risk abandonment of Hom-2 well
    (2/13/2006) Waterflood approved for Texas' Hagler Capps Lime Field
    ...More Development & Production
      Licensing & Concessions
    (2/15/2006) Colombia turns Hocol's Tello Field over to Ecopetrol
    (2/15/2006) ExxonMobil bidding on Indonesia's Makassar Straits blocks
    (2/15/2006) Oman approves Denerco farming into EnCana's blocks
    (2/15/2006) Talisman to acquire Fulmar & Auk Fields in North Sea
    (2/14/2006) Indian JV farms into Great Artesian's Otway Basin permit
    (2/14/2006) Mitsui boosting stake in New Zealand's Tui Block
    (2/14/2006) Pakistan grants Sindh & Baluchi blocks to OGDC
    (2/13/2006) ExxonMobil insisting its sub operates Indonesia's Cepu
    (2/13/2006) Shell seeking farmouts of US Gulf interests
    (2/13/2006) Forest Oil adds Texas Cotton Valley assets for $255 million
    ...More Licensing & Concessions
      Geosciences
    (2/15/2006) Karoon's Browse Basin 3D shoot being processed
    (2/13/2006) Fincantieri building new Indian seismic vessel
    ...More Geosciences
      Health Safety & Environment
    (2/15/2006) SW Pennsylvania blowout injure six workers
    (2/15/2006) Statoil concludes enviro pact with Russia's Murmansk region
    (2/13/2006) Keppel worker dies, another injured aboard Capixaba FPSO
    ...More Health Safety & Environment
      Company News
    (2/15/2006) Forum acquiring Philippines' Basic Petroleum & Mining
    (2/15/2006) Repsol pledges development funds in Bolivia
    (2/15/2006) Subsea 7 orders new flexilay vessel to be built
    (2/15/2006) Chevron contracts INTEC for US Gulf Blind Faith subsea project
    (2/15/2006) Sinopec buying back privatized subsidiaries
    (2/15/2006) Parker Drilling forms Saudi JV for 4 drilling contracts
    (2/14/2006) Chevron contracts deepwater umbilicals for Tahiti project
    (2/14/2006) Siem Offshore orders multifunction ROV support vessel
    (2/14/2006) Fugro adding another Echo Surveyor AUV
    (2/14/2006) Halliburton multiple services contracted by Salym Petroleum
    (2/14/2006) C&M Group wins BP Thunder Horse contract
    (2/13/2006) Stolt takes $300 million orders from Petrobras
    (2/13/2006) Consafe's Safe Concordia heading for Mexican Gulf
    (2/13/2006) Ulstein Verft delivering new offshore construction vessel
    (2/13/2006) Western Lakota completes buy of Metis Nation rig operator
    (2/13/2006) Integra acquires Russian geophysical services company
    (2/13/2006) Arcapita buys Roxar for $200 million
    (2/13/2006) Al-Khafji awards McDermott 2 offshore Persian Gulf contracts
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 2/15
    Oil (US$ per bbl crude)
    OPEC Basket 57.17
    0.0%
    Minas 59.87
    -2.0%
    Bonny Light 60.66
    -2.0%
    N. Sea Brent 59.64
    -1.8%
    Forties 60.06
    -2.0%
    Urals/Mediterranean 55.16
    -2.1%
    Alaska N. Slope 59.54
    -1.3%
    W. Texas Intermediate 61.84
    -1.2%
    Gas (US$ per mmbtu)
    Henry Hub* 7.53
    -0.4%
    UK Day Ahead** 51.50
    -7.2%
    *US$ per MMBTUs
    **UK pence per therm
    All prices are indicative only. OGI accepts no responsibility for their accuracy.
    Price Details & Analysis
      Industry Events
    February 13-16
    Pipeline Pigging & Integrity Management Conference & Exhibition, Houston, Texas USA
    February 14
    6th Annual NPF North Sea Decommissioning Conference, Os (near Bergen), Norway
    February 17
    Seminar on Oil & Gas - A Chance for the Arab Countries, Paris, France
    February 21-23
    IADC/SPE Drilling Conference, Miami, Florida USA
    February 26-March 1
    Middle East Corrosion Conference, Bahrain, Bahrain
    February 28-March 2
    Subsea Tieback Conference & Exhibition, Galveston, Texas USA
    March 5-6
    Gas Arabia, United Arab Emirates
    March 5-8
    New Zealand Petroleum Conference, Auckland, New Zealand
    March 6-7
    CERI North American Natural Gas Conference, Calgary, Alberta, Canada
    March 8
    IADC Spring Meeting, Houston, Texas USA
    ...More Events

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