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Thursday, February 2, 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
    (2/1/2006) US & Cuban oil execs meet in Mexico tomorrow
    (1/31/2006) Iraq PM appoints tourism minister as new oil minister
    (1/31/2006) OPEC meeting ends with Iran agreeing to status quo (update)
    (1/30/2006) Only Iran to call for OPEC output cut tomorrow
    (1/30/2006) Shell hostages freed in Nigeria
    ...More World Industry News
      Exploration & Discoveries
    (2/1/2006) Glantal-1 reaches TD on Germany's Neues Bergland permit
    (1/31/2006) Statoil to resume drilling on Venezuela's Deltana block
    (1/31/2006) Beach prepping to test its South Australia Udacha probe
    (1/31/2006) Premier's Macan Tutul-1 a Natuna gas discovery
    (1/31/2006) EnerGulf to explore Congo's onshore Lotshi Block
    (1/30/2006) Zhongyuan to drill 1st Ethiopian well for Petronas
    (1/30/2006) Gulfsands gets big estimate for Syrian prospect
    (1/30/2006) Woodside's Dore-1 off Mauritania a dry hole
    (1/30/2006) Louisiana's North Edna prospect to be spudded
    ...More Exploration & Discoveries
      Drilling & Completion
    (2/1/2006) OIL successfully drills 1st horizontal well
    (2/1/2006) Rowan's Gorillas off to Nova Scotia & Trinidad
    (1/31/2006) Origin contracts new Ensco jackup for Kupe project
    (1/30/2006) Sperry Drilling installs 100 ML junctions for Petrozuata
    ...More Drilling & Completion
      Development & Production
    (2/1/2006) ConocoPhillips putting $1 billion into Alaska fields
    (2/1/2006) Pakistan approves Rally's Safed Koh development plan
    (2/1/2006) Keppel completes Alvheim FPSO hull conversion
    (2/1/2006) Santos' Bass Strait Casino gasfield on production
    (1/31/2006) Petrobras' FPSO P-50 delayed & P-53 on schedule
    (1/31/2006) PRBG completes Louisiana's Springhill Project
    (1/31/2006) DNO testing at 2 Yemen sites probing 3rd
    (1/31/2006) Rigless intervention cuts US Gulf abandonment costs
    (1/31/2006) Vicpet spuds South Australia Mirage Field producer
    (1/30/2006) Petrobras postpones Peroa & Cangoa start-up
    (1/30/2006) Terax drills a 3rd successful Barnett Shale well
    (1/30/2006) Shell restarts Nigeria's EA Field but keeps force majeure
    (1/30/2006) Heritage to fast-track Russia's Zapadno Chumpasskoye Field
    ...More Development & Production
      Licensing & Concessions
    (2/1/2006) Italy granting Vega Oil southeast Sicily offshore block
    (2/1/2006) Colombia grants BHP 2 Caribbean Basin blocks
    (2/1/2006) New Iran E&P contracts on hold until terms redefined
    (2/1/2006) Argentina's San Juan Province opens bids on 4 blocks
    (2/1/2006) Black Gold to acquire 41 leases in Kansas & Oklahoma
    (2/1/2006) Russia's new E&P law still needs work - Orlov
    (2/1/2006) Ukraine court dismisses Regal appeal of license validity ruling
    (2/1/2006) India to offer 55 blocks for exploration
    (2/1/2006) Delta Petroleum buys 65% of Utah field for $24 million
    (2/1/2006) Origin buys stake in Pangaea's Queensland coal seam assets
    (1/31/2006) Vulcan receives Newfoundland exploration license
    (1/31/2006) Wentworth adds Texas acreage for re-entry
    (1/31/2006) Antrim okayed as operator of UK block
    (1/31/2006) Greater Gorgon JV granted adjacent Australia block
    (1/30/2006) Rosnedra not decided on Rosneft-Purneftegaz licenses
    (1/30/2006) ONGC buying a piece of Brazil's Project SugarLoaf
    (1/30/2006) Northern Petroleum completes Spanish assets sale
    ...More Licensing & Concessions
      Geosciences
    (2/1/2006) Satellite geosensing employed on Louisiana's Abbeville Field
    (2/1/2006) New survey set for WHAM's offshore UK block
    (1/31/2006) ONGC contracts EMGS for Bay of Bengal surveys
    (1/31/2006) White Nile sets geological survey of Ethiopia's Omo Valley
    ...More Geosciences
      Health Safety & Environment
    (2/1/2006) Smoke shuts down Hydro's Oseberg South platform
    (2/1/2006) Hydrocarbon releases have acute health effects
    (1/31/2006) Potentially dangerous conditions found in Visund gas leak investigation
    (1/30/2006) Transneft says may sue ecologists over pipeline
    ...More Health Safety & Environment
      Company News
    (2/1/2006) Scorpion Offshore orders a 5th jackup from Keppel
    (2/1/2006) Subsea 7 wins Oseberg Delta EPIC contract
    (2/1/2006) Petro-Canada closes sale of Syrian asset to ONGC/CNPC
    (2/1/2006) Western Lakota building 2 more ultra-heavy drilling rigs
    (2/1/2006) Basic Energy Services acquires LeBus
    (1/31/2006) Baker Hughes acquires Nova Technology
    (1/31/2006) Merger & acquisition forms Azura Energy Systems
    (1/31/2006) Questerre acquires strategic interest in Gastem
    (1/30/2006) Labtech delivers two dual drum spoolers for Angola
    (1/30/2006) SeaDrill boosts Mosvold Drilling stake to 49.99%
    (1/30/2006) Hercules buys Aries jackup for $20.1 million
    (1/30/2006) Vallourec buying drilling equipment manufacturer
    (1/30/2006) Schlumberger launching Saudi research center
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 2/1
    Oil (US$ per bbl crude)
    OPEC Basket 59.26
    0.0%
    Minas 59.46
    +0.8%
    Bonny Light 65.51
    +1.9%
    N. Sea Brent 66.43
    +1.8%
    Forties 65.46
    +1.9%
    Urals/Mediterranean 60.96
    +2.1%
    Alaska N. Slope 65.65
    +2.4%
    W. Texas Intermediate 68.35
    +2.3%
    Gas (US$ per mmbtu)
    Henry Hub* 8.44
    +2.8%
    UK Day Ahead** 71.20
    +25.6%
    *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 2-3
    NAPE Expo, Houston, Texas USA
    February 7-8
    IADC Health, Safety, Environment & Training Conference & Exhibition, Houston, Texas USA
    February 7-9
    Mediterranean Petroleum Conference & Exhibition, Tripoli, Libya
    February 7-9
    Multiphase User Roundtable: Pumping and Metering, Margarita Island, Venezuela
    February 8-9
    Strategic Development of Russia's Offshore Oil & Gas Resources, Moscow, Russia
    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
    ...More Events

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