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Monday May 24, 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
    (5/23/2004) OPEC split on output hike, no decision until Beirut (update)
    (5/21/2004) Saudis pressing for 2 million b/d increase by OPEC
    (5/20/2004) 29 killed in Nigeria oilfield conflagration
    ...More World Industry News
      Exploration & Discoveries
    (5/23/2004) PPL to drill 35 exploratory wells in Pakistan
    (5/22/2004) Shengli drilling 2nd exploration well in central Iran
    (5/21/2004) DNO's 1st test of Yemen's Neheb-1 finds water (update)
    (5/21/2004) Expanded wildcat program set for offshore NZ block
    (5/21/2004) Calvalley tests Al Roidhat-1 discovery well
    (5/21/2004) Hydro finds more oil on Brage Field
    (5/21/2004) Arc spuds 2nd L1/L2 gas exploration well
    (5/21/2004) INA discovers large gasfield in central Syria
    (5/20/2004) Toreador to drill Ayazli-1 in Black Sea off Turkey
    ...More Exploration & Discoveries
      Drilling & Completion
    (5/21/2004) Leiv Eiriksson contracted for Angola drilling
    ...More Drilling & Completion
      Development & Production
    (5/23/2004) Verado drilling East Texas Oak Hill producers
    (5/23/2004) UK Forties Field set for 46% output boost
    (5/21/2004) Pertamina puts 3 new wells onstream in West Java
    (5/20/2004) Future of Ramco's Seven Heads Field uncertain
    (5/20/2004) Otway Gas Project approved
    (5/20/2004) Karachaganak Field starts pumping oil into CPC pipeline
    (5/20/2004) Goose River drills & cases 2 more Redwater wells
    ...More Development & Production
      Licensing & Concessions
    (5/23/2004) Foreign companies rush to win Iran blocks on offer
    (5/23/2004) US company licenses in Libya may be delayed
    (5/22/2004) India to invest $1 B in buying foreign oil equity
    (5/21/2004) Beach farms into Stuart's Harpoono Block
    (5/21/2004) TME acquires interest in 640,000-acre Cooper Basin permit
    (5/21/2004) UK DTI offers out-of-round acreage
    (5/20/2004) CH4 acquires ENI stake in UK Markham Field
    (5/20/2004) Drillsearch awarded new Carnarvon Basin block
    (5/20/2004) Scarab acquiring Coos Bay CBM prospect in Oregon
    (5/20/2004) Alaska lower Cook Inlet sale cancelled
    (5/20/2004) Surgutneftegas to develop Yakut's Talakan Field
    (5/20/2004) Fellows options Bacaroo & Circus prospects
    (5/20/2004) Pemex to offer 4 Burgos Basin blocks
    ...More Licensing & Concessions
      Geosciences
    (5/22/2004) Ecopetrol awaiting okay to shoot controversial seismic in Catleya
    (5/21/2004) Veritas to shoot New Mexico Granada prospect
    (5/21/2004) PGS to acquire MC 3D seismic survey off Vietnam
    (5/20/2004) Pemex mulling bids for seismic shoot
    ...More Geosciences
      Health Safety & Environment
    (5/22/2004) US Gulf Eugene Island platform becomes artificial reef
    (5/20/2004) Accident on Petrobras' Barracuda Field injures five
    ...More Health Safety & Environment
      Company News
    (5/23/2004) Gazprom considering $500 million Chilean LNG project
    (5/21/2004) New JV established in Mexico for offshore accommodations
    (5/21/2004) Medco Energi to boost offer for Novus Petroleum (update)
    (5/21/2004) NIPI-Shelf awarded Krasnopolanske Field contract
    (5/21/2004) OMV selected to negotiate for Petrom
    (5/20/2004) Shell pegs Subsea 7 for underwater inspection
    (5/20/2004) PNOC to negotiate sale of Malampaya shares
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Fri. 5/21
    Oil (US$ per bbl crude)
    OPEC Basket 37.44
    0.0%
    Dubai Fateh 34.70
    -0.5%
    Bonny Light 38.19
    -4.6%
    N. Sea Brent 37.40
    -3.9%
    Forties 38.54
    -4.3%
    Urals/Mediterranean 35.29
    -4.9%
    Alaska N. Slope 38.78
    -2.5%
    W. Texas Intermediate 39.98
    -2.3%
    Gas (US$ per mmbtu)
    Henry Hub* 6.32
    -1.7%
    IPE Gas NB** 21.07
    0.0%
    *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 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
    May 25-26
    KPMG Global Energy Conference, Houston, Texas USA
    May 28
    SPE International Symposium on Oilfield Corrosion, Aberdeen, Scotland UK
    June 1-4
    Caspian Oil & Gas Exhibition and Conference, Baku, Azerbaijan
    June 2-3
    Offshore Newfoundland Petroleum Show, St. John's, Newfoundland Canada
    ...More Events

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