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Thursday, February 9, 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
    (2/8/2006) US SEC urged to adopt new reserves standards
    (2/8/2006) Petroecuador declares force majeure on 380,000 b/d
    (2/7/2006) Argentine oil workers' protest leaves 1 dead, 15 injured
    (2/6/2006) Insurgents bomb Baghdad's Al-Doura pipeline
    ...More World Industry News
      Exploration & Discoveries
    (2/8/2006) White Nile to explore Sudan's disputed Block Ba
    (2/8/2006) Tusk drills 2 and plans 3 more Alberta Mega-Venus wells
    (2/8/2006) Beach achieves gas flow from South Australia Cooper Basin well
    (2/8/2006) Candax spuds Chaal-1 well in Tunisia
    (2/8/2006) Austral Pacific plugging & abandoning Heaphy-1
    (2/7/2006) JKX suspends its Rudenkovskoye well onshore Ukraine
    (2/7/2006) Pearl commences exploratory drilling in Makassar Straits
    (2/7/2006) Lexington to spud 1st well on Texas' Barnett Shale lease
    (2/7/2006) Petsec achieves 3rd successful gas find in US Gulf
    (2/7/2006) Orchard taps gas with its California Forbes test well
    (2/7/2006) Hardman to spud Uganda wildcat next week
    (2/7/2006) Nearshore Nigeria discovery weighs in at 800 bcf (update)
    (2/6/2006) Oilexco & Sterling to drill Disraeli-1 well in UK North Sea
    (2/6/2006) Statoil gets go-ahead to drill Norwegian Sea Edvarda prospect
    (2/6/2006) Rain & impassable roads delay Stuart's Toparoa well
    (2/6/2006) RWE Dea discovers oil in Egypt's Disouq Concession
    ...More Exploration & Discoveries
      Drilling & Completion
    (2/8/2006) Buttes spuds 1st of 2 infill wells on Dubai's Mubarak Field
    (2/8/2006) Coral Sea enroute to PNG's Douglas-1 drillsite
    (2/7/2006) Gold contracts driller for onshore Peru exploration well
    (2/7/2006) PRBG contracts EGA service rig for 2 years
    (2/7/2006) Apexindo signs $100 million contract extension with Total
    (2/7/2006) Sinvest sub wins 16-month drilling contract off Brunei
    (2/6/2006) Transocean awarded 15-rig-year jackup drilling program in India
    (2/6/2006) Three-year assignment for West E-drill newbuild
    ...More Drilling & Completion
      Development & Production
    (2/8/2006) Petrobras testing Peroa gasfield offshore Brazil
    (2/8/2006) CNOOC delays Chunxiao production in disputed area
    (2/8/2006) Far East Energy still dewatering Shanxi CBM well
    (2/8/2006) Cubic Energy drilling 5th Cotton Valley well
    (2/8/2006) Corridor applies to lay tie-in to Maritimes & Northeast Pipeline
    (2/8/2006) Drilling of 10 wells completed on Snohvit Field
    (2/8/2006) Lundin commences Tunisian Oudna Field development drilling
    (2/7/2006) Petrogen spuds 2nd Texas' Tiller Ranch well
    (2/7/2006) Gastar taps down 2 Donelson wells in Texas' Hilltop area
    (2/7/2006) Aspen contracts rig for Manitoba development program
    (2/7/2006) Vietnam's Su Tu Trang reserves confirmed at 3-4 Tcf
    (2/6/2006) Iran & Sinopec not yet agreed on Yadavaran Field development
    (2/6/2006) Calvalley drilling 8th & 9th horizontal wells on Hiswah Field
    (2/6/2006) Cubic Energy success with 4th Cotton Valley well
    (2/6/2006) DNO sidetracking producer in Yemen's Block 43
    (2/6/2006) PNR developing Beaufort Sea Oooguruk Field off Alaska
    ...More Development & Production
      Licensing & Concessions
    (2/8/2006) Sahara Energy forms E&P JV with Saskatchewan Indian tribe
    (2/8/2006) ERHC replacing PNR in Nigeria-Sao Tome JDZ blocks (update)
    (2/8/2006) MMS issues draft 5-year lease sale plan for comment
    (2/7/2006) Victory acquires Montana's Northeast Glasgow Prospect
    (2/7/2006) Island farms into Seven Heads for majority interest
    (2/7/2006) Pioneer withdraws from Nigeria-Sao Tome JDZ
    (2/7/2006) Storm Cat to acquire Arkansas Fayetteville shale leases
    (2/7/2006) Habanero & MSEV join new Alberta gas program
    (2/7/2006) BG joins Anadarko & Petro-Canada in Alaska acreage
    (2/7/2006) Oil Search concluding PNG equity sale to AGL
    (2/7/2006) Total selling XTO its Texas & Mississippi oilfields
    (2/6/2006) Mauritania rejects amendments in 4 Woodside PSCs
    (2/6/2006) Madagascar to offer 96 offshore for exploration
    (2/6/2006) Mozambique receives bids from 6 companies for 5 blocks
    (2/6/2006) Petrohawk acquires 106 bcfe in reserves for $262 million
    (2/6/2006) Mediterranean Oil & Gas sub granted southern Italy block
    (2/6/2006) Petrosearch joins Harding's Texas Barnett Shale project
    (2/6/2006) Brunei awards rights to two onshore blocks
    (2/6/2006) Norse Energy signs farm-in agreement in Brazil
    (2/6/2006) Tethys & Galli Cos granted block in France's Paris Basin
    (2/6/2006) Ignis farming into Range's Crimson Bayou prospect
    ...More Licensing & Concessions
      Geosciences
    (2/7/2006) Talisman shooting 2D seismic in St Lawrence Lowlands
    (2/7/2006) Premium Petroleum completes Boyne Lake seismic shoot
    (2/7/2006) Fugro to shoot bathymetric survey off Jamaica
    (2/7/2006) Earth Decision & Aramco release realtime modeling & geosteering tool
    (2/6/2006) Circle preparing for seismic studies in Oman & Panama
    (2/6/2006) Rockhopper's 2D Falkland seismic shoot underway
    ...More Geosciences
      Health Safety & Environment
    (2/5/2006) Coast Guard reports jackup leg adrift in US Gulf
    (2/3/2006) Two offshore workers injured in North Sea rig accident
    (2/3/2006) Ecuador court experts confirm Sacha-53 no enviro risk
    (2/2/2006) Visund gas leak caused by loose metal plate (update)
    ...More Health Safety & Environment
      Company News
    (2/8/2006) Tetra Tech adds 2 heavy lift barges to its A&D fleet
    (2/8/2006) Australia's first jacket export is enroute to New Zealand
    (2/8/2006) ONGC prepared to spend $3 billion in 2007 to boost output
    (2/8/2006) High-speed, realtime drillstring telemetry system launched
    (2/8/2006) New Rigdon PSVs being built by Bollinger Shipyard
    (2/7/2006) Aker Kvaerner to deliver mooring equipment to Daewoo
    (2/7/2006) Atwood to construct newbuild LeTourneau jackup
    (2/7/2006) Landmark information services contracted by Petrobras
    (2/6/2006) Shell & Sonatrach agree to widespread cooperation
    (2/6/2006) Keppel increases Offshore & Marine ownership
    (2/6/2006) PACE & Mitchell Drilling agree to China CBM JV
    (2/6/2006) SBS acquires Seaforth Maritime
    (2/6/2006) Horizon Offshore buys DP dive support/pipelay vessel
    (2/6/2006) Cooper Cameron Valves completes buy of Dresser unit
    (2/6/2006) Al Mansoori acquires Alpine Oil Services Egypt
    (2/6/2006) Repsol buying stake in West Siberian Resources
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 2/8
    Oil (US$ per bbl crude)
    OPEC Basket 59.26
    0.0%
    Minas 52.58
    +0.8%
    Bonny Light 63.48
    +1.9%
    N. Sea Brent 63.39
    +1.8%
    Forties 63.13
    +1.9%
    Urals/Mediterranean 58.93
    +2.1%
    Alaska N. Slope 63.07
    +2.4%
    W. Texas Intermediate 65.37
    +2.3%
    Gas (US$ per mmbtu)
    Henry Hub* 8.00
    +2.8%
    UK Day Ahead** 64.75
    +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 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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