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Thursday, June 1, 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
    (5/31/2006) US Navy rationale for patrolling Nigerian offshore
    (5/31/2006) Angola & Sudan request OPEC membership
    ...More World Industry News
      Exploration & Discoveries
    (5/31/2006) Kazakh Caspian's Kurmangazy a dry hole
    (5/31/2006) Oilexco & Faroe abandoning North Sea well
    (5/31/2006) Shell confirms Lucy a North Sea discovery
    (5/30/2006) Focus achieves gas discovery in Rajasthan
    (5/30/2006) Te Giac Vang-1X drilled off Vietnam disappointing
    (5/30/2006) Second gas discovery at Mississippi's Palmetto Point
    (5/30/2006) OMV drilling gas exploration in Austria's Weinviertel area
    (5/30/2006) RWE Dea spuds first exploration well in Libya
    (5/29/2006) Roc gives up on UK Willows-1 exploration well
    (5/29/2006) Petronas' Ethiopia exploration well a dry hole
    (5/29/2006) Stuart spuds South Australia's Dalray prospect
    (5/29/2006) Chevron reveals Nigeria-Sao Tome JDZ discovery
    (5/25/2006) Origin plugging & abandoning Queensland test well
    (5/25/2006) Stuart's South Australia Padulla-7 a dud
    ...More Exploration & Discoveries
      Drilling & Completion
    (5/31/2006) Mart prepping to commence Nigeria drilling program
    (5/31/2006) GlobalSantaFe sending 4 jackups to Saudi Arabia
    (5/31/2006) Swift completes 2 successful wells in Taranaki
    (5/31/2006) Petrolifera secures two rigs for Argentine drilling
    (5/31/2006) Frontera drilling 2nd well in Georgia's Taribani Field
    (5/30/2006) Aspen drilling gaswell in California's Sacramento Valley
    (5/25/2006) Baraka & CNPC find rig for Mauritania exploration well
    ...More Drilling & Completion
      Development & Production
    (5/31/2006) GeoPark puts Chile's Ovejero & Nika Fields onstream
    (5/31/2006) YPergas to invest in Venezuela Yucal Placer Field
    (5/31/2006) POGC calls for South Pars 15 & 16 bidding
    (5/31/2006) Far East Energy puts China's Shouyang Block onstream
    (5/31/2006) Woodside to drill 3 more Chinguetti production wells
    (5/30/2006) Lukoil prepping for Uzbek development drilling at Khauzak
    (5/30/2006) Santos puts another Tintaburra well onstream
    (5/30/2006) Shell development plan for Trym Field rejected
    (5/30/2006) Cheetah strikes gas with Kuru-2 re-entry
    (5/30/2006) Cairn receives okay to develop Rajasthan fields
    (5/30/2006) FPSO accident halts Western Australia field startup
    (5/29/2006) Hydro laying Ormen Lange control cable
    (5/29/2006) Oilexco receives DTI approval for Nicol Field development
    (5/29/2006) Marion puts Utah Helper Project gaswell onstream
    (5/25/2006) Royale discoveries extend California's Victor Ranch Field
    (5/25/2006) Foothills to drill 2 wells in California's Grizzly Bluff Field
    ...More Development & Production
      Licensing & Concessions
    (5/31/2006) Alaska's Cook Inlet sale nets $6.7 million
    (5/31/2006) Zauralneftgaz wins 2 Western Siberia blocks
    (5/31/2006) Australia awards 5 new offshore blocks
    (5/31/2006) NIOC contracts going to Hydro & Sinopec
    (5/31/2006) Pakistan grants state oil company 4 exploration licenses
    (5/30/2006) Granby farms out stake in UK block to Nexen
    (5/30/2006) Red Sky farming into Great Artesian's South Australia stake
    (5/30/2006) Granby & Gas Plus farm into UK onshore permit
    (5/30/2006) Po Valley expanding Italian gas acreage
    (5/30/2006) RWE Dea increases stake in Southern North Sea field
    (5/29/2006) Barrett to receive Peru's Block 121
    (5/29/2006) Antares farming into Texas' Oyster Creek Prospect
    (5/29/2006) Petsec awarded US Gulf Main Pass block
    (5/26/2006) Talisman sells Paladin sub's Talisman Expro assets
    (5/25/2006) Inpex contract for Iran's Azadegan may be terminated
    (5/25/2006) Anadarko farming into Tunisia's offshore Sfax Block
    ...More Licensing & Concessions
      Geosciences
    (5/31/2006) 2D seismic shoot complete over 3 Romania blocks
    ...More Geosciences
      Health Safety & Environment
    (5/31/2006) Leasing at Utah's Great Salt Lake halted
    (5/25/2006) Alberta Joslyn project steam release unsettles ground & trees
    ...More Health Safety & Environment
      Company News
    (5/31/2006) Kazakh state oil company to buy German JV
    (5/31/2006) BP joins in Java earthquake relief
    (5/31/2006) Hydro contracts maintenance & modifications for platforms
    (5/31/2006) Roxar opens hyperbaric test facility in Stavanger
    (5/30/2006) Pemex contract ICA Fluor for 2 platforms
    (5/30/2006) New deepwater ROV being built for i-Tech
    (5/30/2006) White Nile contracts Tanjung for Sudan provisions
    (5/30/2006) New FPSO to join Maersk Contractors' fleet
    (5/30/2006) Aker Kvaerner & Sonsub to install FPSO mooring & risers
    (5/29/2006) Statoil contracts liner hanging equipment & services
    (5/29/2006) AGR of Norway acquires UK's Peak Group
    (5/25/2006) Crosco contracted to drill in Libya, Egypt, & Syria
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 5/31
    Oil (US$ per bbl crude)
    OPEC Basket 62.95
    0.0%
    Minas 68.71
    -0.4%
    Bonny Light 67.85
    -1.1%
    N. Sea Brent 68.68
    -1.4%
    Forties 66.35
    -1.1%
    Urals/Mediterranean 61.45
    -1.2%
    Alaska N. Slope 66.93
    -1.4%
    W. Texas Intermediate 68.53
    -1.3%
    Gas (US$ per mmbtu)
    Henry Hub* 5.77
    +0.2%
    UK Day Ahead** 38.75
    +5.4%
    *US$ per MMBTUs
    **UK pence per therm
    All prices are indicative only. OGI accepts no responsibility for their accuracy.
    Price Details & Analysis
      Industry Events
    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
    June 6-9
    Azerbaijan International Caspian Oil & Gas Conference, Baku, Azerbaijan
    June 7-8
    NOC-IOC Symposium, Surrey, UK
    June 8-9
    Conference on EPC Contracts, Mumbai, India
    June 8-11
    California Independent Petroleum Association Annual Meeting, La Jolla, California USA
    June 12-14
    Asia's Geosciences Conference & Exhibition, Kuala Lumpur, Malaysia
    June 12-14
    IPAA Midyear Meeting, Naples, Florida USA
    June 12-14
    West & Central Africa Oil & Gas, Houston, Texas USA
    June 12-15
    EAGE Annual Conference & Exhibition/SPE Europec, Vienna, Austria
    June 12-16
    API Exploration & Production Standards Conference - Oilfield Equipment & Materials, Atlanta, Georgia USA
    ...More Events

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