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Monday May 17, 2004
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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
    (5/15/2004) New Indian government nixes privatization of oil companies
    (5/14/2004) E&P sector accounts for 2/3 of US capital outlay
    (5/13/2004) OPEC divided over upping oil output
    ...More World Industry News
      Exploration & Discoveries
    (5/16/2004) Morocco drilling at least 8 exploration wells this year
    (5/15/2004) Texas' Mission River Field discovery completed
    (5/14/2004) Apache puts Vesta on hold, priority to producers
    (5/14/2004) DNO testing Yemen well Neheb-1
    (5/14/2004) Roc's 3nd Beibu Gulf well a duster (update)
    (5/13/2004) Novus' Padre Island, Texas deep shelf well shows gas (update)
    (5/13/2004) Seismic indicates large oil & gas deposits in Kalmykia
    (5/13/2004) Apache's Muggles delayed by Legendre drilling
    (5/13/2004) Petronas resumes drilling Turkmenistan Block 1
    (5/13/2004) ConocoPhillips to drill Venezuela field this year
    ...More Exploration & Discoveries
      Drilling & Completion
    (5/16/2004) Anadarko completes 6 Texas Cotton Valley gaswells
    (5/16/2004) Assure drills 6 Western Canadian gaswells & plans 4 more
    (5/15/2004) Defiant to drill 21 wells by end of July
    (5/15/2004) Gastem's Quebec Dundee-1 producing gas shows
    (5/14/2004) Dune completing south Texas well
    (5/13/2004) Tri-Valley to complete deep Ekho-1 onshore California
    ...More Drilling & Completion
      Development & Production
    (5/16/2004) Iran's Balal Field officially inaugurated
    (5/15/2004) Iran's Darquain to go onstream in June
    (5/15/2004) Oman to boost oil output via steam injection
    (5/15/2004) Upgrader maintenance lessens Suncor oil sands output
    (5/14/2004) Vaalco spuds Etame development well
    (5/14/2004) Magellan commences development drilling for 2004
    (5/14/2004) Unocal to develop Bangladesh's Bibiyana gasfield
    (5/14/2004) ONGC to develop G-4 & GS-29 Fields on BOT contract (exclusive)
    (5/14/2004) Britannia gasfield restarted following maintenance (update)
    ...More Development & Production
      Licensing & Concessions
    (5/16/2004) Maersk signs for Suriname's Block 31
    (5/16/2004) ONGC to invite bids for marginal fields by July
    (5/15/2004) Repsol-YPF only bidder for Argentina's Totoral Block
    (5/14/2004) Lukoil to boost stake in Azeri field - Aliyev
    (5/14/2004) Consolidation of 6 Carnarvon Basin permits
    (5/14/2004) ChevronTexaco awarded extension to Angola's Block 0
    (5/13/2004) Gas blocks going on the block in Venezuela
    (5/13/2004) Ramco farms out oil option on Seven Heads
    (5/13/2004) South Pars Phases 17-20 to be contracted this year
    (5/13/2004) Lexington acquires Middlecreek gas prospect
    ...More Licensing & Concessions
      Geosciences
    (5/15/2004) Eastern Star shooting 2D in 2 NSW blocks
    (5/14/2004) Offshore Malta 2D survey delayed
    (5/14/2004) Reliance setting up 3D seismic data processing center in Mumbai
    ...More Geosciences
      Health Safety & Environment
    (5/16/2004) Scottish environmental group tackles decommissioning
    (5/16/2004) Sage grouse endangered by Rocky Mountain gas drilling
    (5/15/2004) Canada sets Gully aside as protected area
    (5/14/2004) BP deploying North Sea air & sea safety cover system
    ...More Health Safety & Environment
      Company News
    (5/16/2004) Petrobras sets E&P investment at $53.6 billion
    (5/15/2004) Nigerian company launches mono-lateral dual completions
    (5/15/2004) SE US towns buying their own gasfields
    (5/14/2004) ExxonMobil Canada invests in PRAC
    (5/13/2004) Woodside takes another stake in Hardman
    (5/13/2004) EMPS adding fast crewboat to offshore service fleet
    (5/13/2004) Strategic alliance between VTEX & CLK Energy
    (5/13/2004) Schlumberger acquires Decision Team
    (5/13/2004) Teton purchase of Russian oilfields awaiting Goloil sale (update)
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Fri. 5/14
    Oil (US$ per bbl crude)
    OPEC Basket 36.93
    +0.5%
    Dubai Fateh 35.89
    +2.5%
    Bonny Light 40.00
    +2.2%
    N. Sea Brent 38.40
    +0.3%
    Forties 40.30
    +2.2%
    Urals/
    Mediterranean    		 36.80
    +3.1%
    Alaska N. Slope 40.23
    +0.8%
    W. Texas Intermediate 41.38
    +0.7%
    Gas (US$ per mmbtu)
    Henry Hub* 6.40
    -0.5%
    IPE Gas NB** 20.93
    -0.9%
    *US$ per MMBTUs
    **UK pence per therm
    All prices are indicative only. OGI accepts no responsibility for their accuracy.
    Price Details & Analysis
      Industry Events
    May 18
    IADC Drilling Onshore America Conference & Exhibition, Houston, Texas USA
    May 18-20
    Uzbekistan International Oil & Gas Exhibition & Conference, Tashkent, Uzbekistan
    May 19-24
    ENERGEX 2004 International Conference, Buenos Aires, Argentina
    May 20-21
    Oil & Gas Agreements: The Exploration Phase, Santa Fe, New Mexico USA
    May 22-28
    ISOPE Conference & Exhibition, Toulon, France
    May 23-27
    World Safety Conference & Exposition, Salt Lake City, Utah USA
    May 24-25
    2004 Deloitte Energy Conference: Industry Challenges, Focused Perspective, Washington, DC USA
    May 24-25
    5th Annual Coalbed & Coal Mine Methane Conference, Denver, Colorado USA
    May 24-25
    Subsea Reliability & Availability Conference, Aberdeen, Scotland UK
    ...More Events

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