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Thursday, August 26, 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
    (8/25/2004) UK-Norway Corridor Treaty due by yearend
    (8/25/2004) New Zealand eliminating offshore rig tax
    (8/24/2004) US military scouting Gabon & Sao Tome
    (8/23/2004) OPEC unable to control oil prices - Rahman
    (8/23/2004) Norwegian Shipowners to lockout 12 offshore units' workers
    (8/23/2004) China & Kazakhstan sign new pipeline accord
    ...More World Industry News
      Exploration & Discoveries
    (8/25/2004) Amity preparing for multi-well Oklahoma exploration program
    (8/25/2004) Sunshine spuds CBM test in Queensland
    (8/24/2004) Major ChevronTexaco gas discovery off Australia
    (8/24/2004) Lakes' Wombat a new gasfield discovery
    (8/24/2004) Ecopetrol's Gibralter Field has just 15 million bbl oil
    (8/24/2004) First Calgary's again taps pay on Algeria's Ledjmet Block
    (8/23/2004) Providence probe of Celtic Sea Blackrock prospect inconclusive
    (8/23/2004) Yemen Hareth-1 exploration well a duster
    (8/23/2004) Tri Valley drilling California's Los Gatos prospect
    (8/23/2004) Kiwi well spudded off New Zealand's Taranaki
    (8/23/2004) Victoria-led JV to spud Hornet-1 today
    (8/23/2004) Oilex plugs & abandons Connolly-1
    ...More Exploration & Discoveries
      Drilling & Completion
    (8/25/2004) Japanese consortium seeking methane hydrate drilling methods
    (8/24/2004) Saipem's Perro Negro 3 drillstring snaps
    (8/24/2004) Underbalanced drilling used for 1st time on Norwegian shelf
    (8/23/2004) ChevronTexaco selects Halliburton for WellDECC implementation
    (8/23/2004) Petronas Carigali drills Malaysia's longest well
    ...More Drilling & Completion
      Development & Production
    (8/25/2004) 2nd Cyrano well to be spudded in Carnarvon Basin
    (8/25/2004) Kahili gasfield goes on production in NZ's Taranaki
    (8/25/2004) 10-years old Tordis Field still producing at 70,000 b/d
    (8/24/2004) Kappa puts Abanico-6 & Ventilador-1 onstream
    (8/24/2004) Canada Southern drilling producer on Yukon Field
    (8/24/2004) Iran's Marun Field output nears 600,000 b/d of oil
    (8/24/2004) Cooper Energy to spud 3 South Aussie wells in 1 month
    (8/24/2004) Argentina's Acambuco gas output to be boosted 10%
    (8/24/2004) Production testing underway at Gloucester Basin project
    (8/24/2004) Evaluating new gas development on Troll
    (8/23/2004) Vaalco completes 4th Gabon subsea development well
    (8/23/2004) ConocoPhillips' Belanak onstream in November
    (8/23/2004) Ruptured pipe shuts down gas on Esso Norge's Jotun Field
    (8/23/2004) Harriet JV completes 1st Bambra Field producer
    ...More Development & Production
      Licensing & Concessions
    (8/25/2004) Oilexco acquiring interest in UK Balmoral & Glamis Fieldss
    (8/25/2004) Corridor adds 2 blocks on Canada's Prince Edward Island
    (8/25/2004) Venezuela to license Gulf of Venezuela blocks
    (8/25/2004) Comstock acquires Ovation properties for $62.5 million
    (8/25/2004) Indonesia not renewing ExxonMobil contract on Cepu
    (8/25/2004) Crescent Point acquires 3 Saskatchewan producing properties
    (8/25/2004) Faroese hint at bargaining on commitments
    (8/25/2004) Burlington abandons 32 Alaskan staked leases
    (8/24/2004) Anadarko selling Advantage Oil & Gas Phase 1 Canadian assets
    (8/24/2004) Vulcan farms out Storm Prospect in western Newfoundland
    (8/24/2004) Ecuador considering terminating Oxy Block 15 contract
    (8/24/2004) Sheer Energy sells Masjid-I-Suleiman Project in Iran
    (8/24/2004) Adulis Resources expands oil and gas stake in Colombia
    (8/24/2004) Oman awards Sinopec 2 major E&P blocks
    (8/23/2004) Mexican opposition seeking voiding of Burgos contracts
    (8/23/2004) Elk Resources acquires Utah fields
    (8/23/2004) Timor JDA acreage open for licensing
    (8/23/2004) Bharat to bid for ONGC marginal offshore fields
    (8/23/2004) Whiting buys Delta Texas-Louisiana fields
    ...More Licensing & Concessions
      Geosciences
    (8/25/2004) 3D survey set for Australia's Cooper Eromanga Basin
    (8/25/2004) PGS completes Phase I of Guinea seismic interpretation
    (8/25/2004) WesternGeco 4D set for Statoil's Norne & Heidrun Fields
    (8/24/2004) Canadian Superior begins Mariner wellsite survey off Nova Scotia
    (8/24/2004) Dawson Geophysical adds 9th acquisition crew
    (8/23/2004) Woodside to shoot seismic over Great Australian Bight
    ...More Geosciences
      Health Safety & Environment
    (8/25/2004) Shell unaware of Nigerian $1.5 billion enviro bill
    (8/24/2004) Another blowout offshore Egypt
    (8/24/2004) Woodside's Great Australian Bight seismic opposed
    ...More Health Safety & Environment
      Company News
    (8/25/2004) ABB granted $28 million Ormen Lange automation contract
    (8/25/2004) Shell to boost European exploration budget
    (8/25/2004) BP Norge wins ONS Innovation Award 2004
    (8/24/2004) APL submerged turret system for Alvheim FPSO
    (8/24/2004) Weatherford wins China West-East Pipeline precommissioning
    (8/24/2004) Statoil to become major gas player in 2-3 years
    (8/23/2004) Yukos reduces 2004 output & expenditures (update)
    (8/23/2004) Infinity selling oilfield service assets to Quest
    (8/23/2004) The Sahara Group formed for multinational projects
    (8/23/2004) Kremlin considering another Yukos $3 billion tax demand
    ...More Company News
      Sponsored by
      Oil & Gas Prices
    Grade Wed. 8/25
    Oil (US$ per bbl crude)
    OPEC Basket 42.60
    0.0%
    Dubai Fateh 41.33
    +0.4%
    Bonny Light 45.57
    -0.1%
    N. Sea Brent 44.77
    -0.1%
    Forties 45.72
    -2.9%
    Urals/Mediterranean 41.27
    -1.3%
    Alaska N. Slope 45.74
    +0.8%
    W. Texas Intermediate 47.86
    +1.7%
    Gas (US$ per mmbtu)
    Henry Hub* 5.39
    +1.3%
    IPE Gas NB** 22.53
    +3.5%
    *US$ per MMBTUs
    **UK pence per therm
    All prices are indicative only. OGI accepts no responsibility for their accuracy.
    Price Details & Analysis
      Industry Events
    August 24-27
    ONS 2004, Stavanger, Norway
    August 31-September 01
    Energy Technology Expo and Conference, Denver, Colorado USA
    September 3-4
    2nd North Asia Oil, Gas & Pipelines Conference, Seoul, South Korea
    September 5-9
    World Energy Congress & Exhibition, Sydney, NSW Australia
    September 5-9
    Near Surface 2004, European Meeting of Environmental & Engineering Geophysics, Utrecht, Netherlands
    September 6-7
    11th India Oil & Gas Review Symposium, Mumbai, India
    September 6-7
    High Tech Well Russia Conference & Exhibition, Moscow, Russia
    September 6-7
    Sudan Oil & Gas Conference & Exhibition, Khartoum, Sudan
    September 6-10
    International Pipe Line and Offshore Contractors Association Conference, Berlin, Germany
    September 8-9
    Offshore Operations Russia/CIS Conference & Exhibition, Moscow, Russia
    September 13-15
    IADC/SPE Asia Pacific Drilling Technology Conference, Kuala Lumpur, Malaysia
    ...More Events

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