Message-ID: <2501105.1075840981938.JavaMail.evans@thyme> Date: Mon, 21 Jan 2002 14:29:26 -0800 (PST) From: newsletter@rigzone.com To: alewis@enron.com Subject: RIGZONE Industry News Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: "newsletter@rigzone.com" @ENRON X-To: alewis@enron.com X-cc: X-bcc: X-Folder: \ExMerge - Lewis, Andrew H.\Deleted Items X-Origin: LEWIS-A X-FileName: andy lewis 6-25-02.PST =09=09=09[IMAGE]=09=09 =09Tuesday January 22, 2002=09[IMAGE] =09=09=09 =09=09=09[IMAGE]=09=09 =09=09=09[IMAGE]=09=09 [IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09=09 [IMAGE]=09=09home | news | search | maps | data | jobs | = market | store =09[IMAGE]=09=09 =09=09=09[IMAGE]=09=09 [IMAGE]=09=09 [IMAGE] [IMAGE] In This Issue [IMAGE] [IMAGE] = [IMAGE] Current Oil and Gas Industry News T! op Stories for the Past= 7 Days Featured Events and Conferences What's in Store - Books & More = Featured Employment Opportunities Surplus Oilfield Equipment For Sale World= wide Offshore Rig Utilization Oil & Gas Prices [IMAGE] [IMAGE] I= ndustry Headlines [IMAGE] [IMAGE] SCORE Down for December 2001 = Houston-based international offshore drilling contractor GlobalSantaFe repo= rted that the company's worldwide SCORE for December 2001 was down from the= previous month's SCORE by 1.7 percent. [IMAGE] [IMAGE] advertisemen= t A National-Oilwell designed, 1992 built modular offshore drilling rig is= available for sale direct from the manufacturer. This rig drilled only 5 = wells from the Draugen platform in the Norwegian sector of the North Sea. = Click on the link below for full details, photos and seller contact informa= tion: http://www.rigzone.com/market/surplus_listing.asp?eq_id=3D397 = Exploration [IMAGE] [IMAGE] [IMAGE] Shell Continues Focus o= n Offshore Malaysia in 2002 Shell will continue its deepwater exploration = efforts offshore Malaysia in Block E and Block G this year. Petrovietnam I= nks Deal for Cuu Long Basin Block Petrovietnam, Zarubezhneft and Idemitsu = have signed a production sharing agreement for the 09-3 block in the Cuu Lo= ng Basin offshore Vietnam. Greenland Launches 2nd Licensing Round The 2nd= offshore licensing round for Greenland is expected to start in April, foll= owing government approval. [IMAGE] [IMAGE] Production [IMAGE] = [IMAGE] [IMAGE] Westcoast Energy Reaches Milestone in Mexico Westc= oast Energy announced has reached a major milestone in the ! development of= the Campeche Natural Gas Compression Services Project in Mexico. Statfjor= d C Shutdown Production from Statfjord C has been shut down after find c= orrosion damage in the flare system. Dragon Oil Carries Out Production Tes= ting in Caspian Sea Dragon Oil has begun a 10-day testing program of its L= AM 22-102 well in the Caspian Sea. [IMAGE] [IMAGE] Company & Fin= ancial News [IMAGE] [IMAGE] [IMAGE] Thomas O'Malley Resigns From = Phillips Thomas O'Malley has resigned from the Phillips Board of Directors= to pursue other avenues in the energy industry. Oil Search and Orogen Min= erals Agree to Merge Oil Search and Orogen Minerals have agreed to merge in= a deal valued at A1.4 billion. [IMAGE] [IMAGE] Last 7 Days Top = Stories [IMAGE] [IMAGE]! [IMAGE] Former Enron Execs Start New Co= mpany Several former Enron senior executives have formed a new company to = provide risk management services to the energy industry. Drilling Operatio= ns Halted on West Navion Drilling operations on the West Navion have been = halted for the next 2-3 weeks so the rig can undergo an inspection of its d= errick. Anadarko Petroleum Provides 2002 Outlook Anadarko Petroleum Corpo= ration outlines its expectations for capital spending for 2002 and offers g= uidance on 2001 financial and operating results.U.S. Approves Deepwater Roy= alty Relief Gale Norton, Secretary of the Interior, announced that oil and= gas companies drilling in Gulf of Mexico deepwater will be given royalty r= eductions. Pemex Increases Exploration Spending in 2002 Pemex plans to co= ncentrate spending on explortion and production projects in 2002. Conoco F= ocuses on Indonesia Conoco expects to spend over $2.5 billion in Indones= ia during the next nine years, as part of planned investment of $3.4 billio= n between 1998 and 2010. CNOOC Acquires Repsol-YPF's Indonesian Assets CN= OOC has acquired Repsol-YPF's Indonesian assets for US $585 million in cash= . This acquisition will make CNOOC the largest offsohre oil prod! ucer in = Indonesia. CNOOC Jackup Leaves China CNOOC secured the first contract for= overseas service as an independent contractor in the international drillin= g market. PGS Awarded $58 Million in New Contracts Petroleum Geo-Services= ASA announced that its onshore division has secured new seismic acquisitio= n contracts in the United States, Ecuador, India and Bangladesh valued at $= 58 million. Kerr-McGee Sells Ecuadorian Assets Kerr-McGee has agreed to s= ell two oil lease concessions and its stake in a pipeline project in Ecuado= r to Perenco. Shell and CNOOC Sign PSC Agreement CNOOC and Shell Explorat= ion China Limited signed a Production Sharing Contract for the exploration = of the Bon! an area of Bohai Bay. Talisman Expects to Spend $2 Billion in = 2002 Talisman's 2002 budget for exploration and development is $2 billion = which is a 6% increase over the 2001 budget. [IMAGE] [IMAGE] Upc= oming Oil & Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Jan. 22 = Alliances and Partnering in Oil & Gas Singapore Feb. 6 Torch Mid-Wi= nter Energy Conference New York Feb. 7 Marine Construction 2002 Houst= on Feb. 10 2002 SPE International Petroleum Conference & Exhibition in M= exico Villahermosa Feb. 26 2002 IADC/SPE Drilling Conference and Exhibi= tion Dallas Feb. 26 Offshore Oil and Gas Safety Seminars Aberdeen Feb= . 27 Human Resources in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeti= ng Houston Mar. 20 LNG North America Houston Apr. 9 2002 SPE/ICoTA= Coiled Tubing Conference and Exhibition Houston list your conference vi= ew upcoming events [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Horiz= on Offshore Global Completion Service HoverDril Baker Hughes [IMAGE] = [IMAGE] promote your company [IMAGE] [IMAGE] [IMAGE] Drilling Mud= and Cement Slurry Rheology Manual [IMAGE] [IMAGE] International Daywork = Drilling Contract - Land [IMAGE] [IMAGE] Well Control for Completion and = Workover [IMAGE] [IMAGE] [IMAGE] more products [IMAGE] [IMAGE]= [IMAGE] featured equipment: Cabot 200 Drilling and Workover Rig [IMAGE]= Oilwell 840-E [IMAGE] [IMAGE] [IMAGE] more equipment [IMAGE]= [IMAGE] featured jobs: ! - Sr. Drilling Engineer - I?Manager - Safety= & Regulatory Compliance Specialist more hot jobs >> featured candidate= s: - Lead Lease Operator - Senior Instrument Technician, Lead Instrument = Tech - Senior Data Engineer search for candidates >> [IMAGE] [IMAGE]= [IMAGE] [IMAGE] Drillships: To 5000': 50.0% (7/14) +5000': 92.0= % (23/25) Semisubs: 2nd Gen: 68.5% (50/73) 3rd Gen: 86.0% (43/50) 4th = Gen: 100.0% (38/38) 5th Gen: 100.0% (7/7) Jackups: To 200': 56.7% = (38/67) 200' MC: 58.3% (14/24) 200' MS: 14.3% (3/21) 300' IC: 87.5% (= 84/96) +300' IC: 90.7% (49/54) Severe Env.: 81.0% (17/21) [IMAGE] [I= MAGE] view complete utilization report [IMAGE] [IMAGE] Light Crude = Oil: $18.00/BBL (0.00%) Brent Crude Oil: ! $18.45/BBL (0.00%) Natural G= as: $2.23/MMBtu (0.00%) Unleaded Gasoline: $0.53/gal (-1.85%) prices fr= om: 1/21/2002 change since: 1/18/2002 [IMAGE] [IMAGE] [IMAGE] =09[I= MAGE]=09=09 =09=09=09[IMAGE]=09=09 =09=09=09 Promotional Opportunities Become a Sponsor, feature your job ope= ning or, advertise your upcoming industry conference. Click here for mor= e information, send your press release to info@rigzone.com or call us at = 281-345-4040. Member Services If you no longer wish to receive this newsl= etter, you may unsubscribe by clicking here or by logging in to Rigzone an= d updating your profile. You can also change the format you receive (HTML= or Text) and your email address by logging in and updating your account. = Click here to log in . =09=09 =09=09=09[IMAGE]=09=09