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February 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
    (2/22/2005) Statoil to increasingly focus on gas E&P
    (2/20/2005) Oxy's Colombia Cano Limon pipeline shutdown
    (2/20/2005) Agreement to improve Nova Scotia regulatory process
    ...More World Industry News
      Exploration & Discoveries
    (2/22/2005) El Paso makes US Gulf deep shelf gas discovery
    (2/22/2005) Woodside's Falcone not commercial
    (2/22/2005) Innamincka reveals drilling fluid damage on PEL103
    (2/21/2005) Zorlu testing Yesiltepe-2 after gas shows
    (2/21/2005) Calvalley spuds Yemen Hiswah-4 appraisal well
    ...More Exploration & Discoveries
      Drilling & Completion
    (2/23/2005) Worldwide rig SCORE staying up
    (2/23/2005) Petrovietnam orders a new Keppel FELS jackup
    (2/23/2005) Lack of rigs postpones Shell's Egyptian Mediterranean drilling
    (2/23/2005) Slimhole rotary steerable system trials completed
    (2/23/2005) Schlumberger introduces new Scope while-drilling services
    (2/21/2005) Tusk completing 3rd well in Alberta's Mega-Venus
    (2/21/2005) Husky to drill 10 wells off Newfoundland through 2006
    ...More Drilling & Completion
      Development & Production
    (2/23/2005) Putumyo's Guayuyaco to commence production
    (2/23/2005) Norsk Hydro submits Fram East PDO
    (2/23/2005) Dragon begins Cheleken workover program
    (2/23/2005) Woodside awards Angel Field FEED to Eos JV
    (2/23/2005) CNOOC to develop China's Ledong gasfield
    (2/23/2005) More development in disputed East China Sea
    (2/23/2005) Statoil begins pilot production from Topas discovery
    (2/22/2005) Offshore Mauritania Tiof-6 appraisal tests 9,150 b/d
    (2/22/2005) PDVSA making room for Petrobras in Mariscal Sucre project (update)
    (2/21/2005) Gazprom developing Yamal's Yuzhno-Russkoye gasfield
    (2/21/2005) Roc drilling two Cliff Head producers off Western Oz
    (2/21/2005) Antares prepping for Oklahoma output
    (2/21/2005) BP inaugurates Clair Field platform
    (2/21/2005) Beach adds another producer on Bodalla South
    ...More Development & Production
      Licensing & Concessions
    (2/23/2005) Horizon completes buy of Goliad, Texas acreage
    (2/23/2005) Pemex receives single bid for Pirineo Block (update)
    (2/23/2005) Norway receives block nominations for 19th round
    (2/23/2005) Sumitomo adds stakes in US Gulf blocks
    (2/23/2005) KNOC granted license for Russia's West Kamchatka
    (2/23/2005) Pioneer completes sale of 1st phase of central Utah play
    (2/22/2005) QGC secures 100% ownership of Berwyndale South
    (2/22/2005) Philippines awards local company E&P license
    (2/22/2005) Talks set between Kazakhstan & BG on Kashagan
    (2/22/2005) Infinity adds Texas' Comanche County acreage
    (2/22/2005) Storm Cat farms into Saskatchewan shallow gas play
    (2/22/2005) Pertamina preparing new Cepu Block terms for ExxonMobil
    (2/21/2005) Indonesia to tender Caltex relinquished block
    (2/21/2005) BrazAlta wins Northern Ireland stake
    (2/21/2005) Armenia to license Shirak Basin block
    (2/21/2005) Aspen & Westchester acquire drilling leases in Manitoba
    (2/21/2005) Egypt grants Eni North Bahrein Block
    ...More Licensing & Concessions
      Geosciences
    (2/23/2005) Veritas' Viking repaired & resumed shooting (update)
    (2/23/2005) ACOR to acquire South Australia seismic
    (2/23/2005) CGG opens data processing center in Mumbai
    (2/22/2005) Apache chooses Petrel for reservoir modeling
    (2/21/2005) Fugro claims East Shetland Platform prospects in data
    (2/21/2005) CIVC to shoot 3D survey over western Newfoundland prospect
    (2/21/2005) First seismic survey off NZ's North Island east coast
    (2/21/2005) Oscar 3D shoot off Victoria, Australia underway
    ...More Geosciences
      Health Safety & Environment
    (2/21/2005) Norway allows Hydro to resume Barents Sea drilling (update)
    ...More Health Safety & Environment
      Company News
    (2/23/2005) IOC talking takeover of Maurel & Prom
    (2/23/2005) Pancon buy of Afrex increases African interest 150%
    (2/23/2005) Daewoo to build FPSO for offshore Nigeria
    (2/22/2005) Bapetco contracts KBR for 3 new Egypt projects
    (2/22/2005) Apache adds hi-res satellite imagery for global operations
    (2/21/2005) New FPSO rules from Bureau Veritas
    (2/21/2005) Statoil starts new helicopter service to Tampen fields
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 2/23
    Oil (US$ per bbl crude)
    OPEC Basket 40.54
    0.0%
    Dubai Fateh 37.59
    +0.2%
    Bonny Light 44.43
    +1.2%
    N. Sea Brent 44.80
    +1.8%
    Forties 44.55
    +0.8%
    Urals/Mediterranean 39.24
    +1.9%
    Alaska N. Slope 42.72
    +0.4%
    W. Texas Intermediate 47.17
    +0.1%
    Gas (US$ per mmbtu)
    Henry Hub* 6.20
    +0.2%
    UK Day Ahead** 28.85
    +4.5%
    *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 20-25
    SPE/AAPG Delivering Our E&P Promises, Galveston, Texas USA
    February 21-24
    Drilling Fluids Cuttings Management & Environmental Excellence, Kuala Lumpur, Malaysia
    February 22-23
    GasCon Conference, Budapest, Hungary
    February 22-23
    Principles and Economics of Petroleum Exploration, Development & Production Seminar, Wellington New Zealand
    February 22-24
    Cairo International Exhibition & Conference for Gas Technology, Cairo Egypt
    February 23-25
    SPE/IADC Drilling Conference, Amsterdam Netherlands
    February 27-March 02
    Laurance Reid Gas Conditioning Conference, Norman, Oklahoma USA
    February 28-March 03
    International Pump Users Symposium, Houston, TX USA
    February 28-March 03
    AAPG Prospect and Property Expo (AAPEX), London England
    ...More Events

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