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Thursday, May 18, 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
    (5/15/2006) Nagaland guerillas demand $661,000 of ONGC
    (5/15/2006) Iran opposes laying pipelines on Caspian seabed
    ...More World Industry News
      Exploration & Discoveries
    (5/17/2006) Purus testing Hawkesdale coal seam well
    (5/17/2006) Oilexco begins UK North Sea Halibut exploration well
    (5/17/2006) Roc appraising offshore China oil discovery
    (5/17/2006) Husky makes gasfield discovery in Northwest Territories
    (5/17/2006) Kerr-McGee's Caesar a deepwater US Gulf discovery
    (5/17/2006) Hess' US Gulf Pony well a preliminary discovery
    (5/16/2006) Statoil to drill Barents Sea Tornerose test well
    (5/16/2006) Addax & Genel Enerji drilling test well in Iraqi Kurdistan
    (5/16/2006) 2nd sidetrack confirms Disraeli UK North Sea discovery
    (5/16/2006) ExxonMobil makes deepwater discovery offshore Nigeria
    (5/16/2006) Sunrise spuds Ukraine Peremyshlyansk test well
    (5/16/2006) Repsol makes 3rd Reganne Nord gasfield discovery
    (5/15/2006) Meridian gets good score for SA's Delores Prospect
    (5/15/2006) Big Sky's KoZhaN makes Morskoe discovery
    (5/15/2006) Vicpet testing Jindivik oil shows after reaching TD
    ...More Exploration & Discoveries
      Drilling & Completion
    (5/17/2006) Three Transocean semis contracted
    (5/17/2006) Triton American readies 1st horizontal jet rig
    (5/16/2006) ABS to class 1st jackups built in United Arab Emirates
    (5/15/2006) Statoil contracts Saipem for North Sea next year
    ...More Drilling & Completion
      Development & Production
    (5/17/2006) Pluspetrol to production drill Peru's Block 56
    (5/17/2006) Corridor's McCully M-66 well taps 46 meters of gas pay
    (5/17/2006) Royale's frac-stim of Moon Canyon well hikes output
    (5/17/2006) Basker-Manta Project EPT achieves objectives
    (5/16/2006) El Paso puts 2 US Gulf West Cameron wells onstream
    (5/16/2006) Chile's Fell Block Molino Field goes on production
    (5/16/2006) Chinguetti output continues to decrease
    (5/16/2006) Talisman drilling producers on North Sea Blane Field
    (5/16/2006) Saudi Aramco to expand reserves by 25%
    (5/16/2006) Chevron approves expanded deepwater pipeline for Tahiti
    (5/15/2006) Roc puts 1st of 4 Cliff Head horizontal wells onstream
    (5/15/2006) Serica wins Kambuna development go-ahead
    (5/15/2006) Archer F-1 goes onstream at California's North Franklin
    (5/15/2006) Stuart's Padulla-4 proves to be a dry hole
    (5/15/2006) Oil Search's PNG appraisal misses its mark
    ...More Development & Production
      Licensing & Concessions
    (5/17/2006) Repsol wins Ecuador's Tivacuno license renewal
    (5/17/2006) Petrobras granted Peru's Block 117
    (5/17/2006) New Zealand receives returned Great South Basin block
    (5/17/2006) Cadence acquiring Michigan shale producing projects
    (5/17/2006) Energen acquires shale acreage in Alabama
    (5/17/2006) Avante farms into Rio de Oro & Puerto Barco
    (5/17/2006) Vaalco granted Angola's offshore Block 5
    (5/17/2006) Petrofac boosts UK block stake becomes operator
    (5/16/2006) Apache farming into Australia Bass Strait offshore block
    (5/16/2006) Cepsa awarded new Egypt Western Desert block
    (5/16/2006) Noble sells US Gulf shelf assets for $625 million
    (5/16/2006) Oracle Energy farms into Ascent's Italian permit
    (5/16/2006) Lukoil paying $787 million for 9 Marathon fields in Russia
    (5/16/2006) Ecuador terminates Occidental's Block 15 contract
    (5/15/2006) Oilexco acquires ConocoPhillips-Eni North Sea block
    (5/15/2006) PDVSA to explore offshore Cuba
    (5/15/2006) Soyuzneftegaz granted Syria's Block 12
    (5/15/2006) Madagascar Oil joins Tullow in Madagascar block
    (5/15/2006) BG farming into Anadarko Alaska North Slope acreage
    (5/15/2006) Granby farming out North Sea licenses to Albion
    ...More Licensing & Concessions
      Geosciences
    (5/16/2006) PGS to shoot multi-client 3D off Lebanon
    ...More Geosciences
      Health Safety & Environment
    (5/16/2006) Fire puts Todco jackup out of commission
    (5/15/2006) Roxar piloting oil-in-water monitor with Statoil
    ...More Health Safety & Environment
      Company News
    (5/17/2006) ExxonMobil contracts Vetco for Kizomba C subsea system
    (5/17/2006) Tetra to abandon & decommission PNR platform
    (5/16/2006) PGS Brazil wins 3-year seismic processing deal
    (5/16/2006) Paxton expands role in Texas' Cooke Ranch exploration
    (5/16/2006) Bristow wins extension of Shell contract in Nigeria
    (5/15/2006) Technip adding another survey/utility vessel
    (5/15/2006) Petrojack buys JackInvest I & new jackup
    (5/15/2006) Technip & Subsea 7 form permanent JV in Asia-Pacific
    (5/15/2006) Ivanhoe's China sub merging with China Mineral
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 5/17
    Oil (US$ per bbl crude)
    OPEC Basket 67.02
    0.0%
    Minas 72.97
    +2.5%
    Bonny Light 72.79
    -1.1%
    N. Sea Brent 72.32
    -1.5%
    Forties 71.99
    -1.1%
    Urals/Mediterranean 66.59
    -0.7%
    Alaska N. Slope 70.44
    -1.8%
    W. Texas Intermediate 72.04
    -1.7%
    Gas (US$ per mmbtu)
    Henry Hub* 6.29
    -5.8%
    UK Day Ahead** 29.50
    +4.8%
    *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 18-19
    2006 Gas Shales Summit, Houston, Texas USA
    May 21-23
    Global Oil and Gas Expansion Congress
    May 23-24
    Global Energy Conference, Houston, Texas USA
    May 24-26
    Geological Association of Canada Annual Meeting, Montreal, Ontario Canada
    May 29-30
    Conference on Field Reservoir Management, Stavanger, Norway
    May 30
    SPE International Symposium on Oilfield Corrosion, Aberdeen, Scotland
    May 31-June 1
    SPE International Symposium on Oilfield Scale, Aberdeen, Scotland
    May 31-June 2
    CIS Oil & Gas Summit - 6th Annual Conference, Paris, France
    June 1
    Subsea Solutions, Paris, France
    June 4-7
    Society of Professional Well Log Analysts Annual Symposium, Veracruz, Mexico
    June 5-9
    World Gas Conference, Amsterdam, Netherlands
    ...More Events

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