Message-ID: <16463057.1075840987466.JavaMail.evans@thyme> Date: Wed, 16 Jan 2002 15:52:19 -0800 (PST) From: newsletter@rigzone.com To: alewis@enron.com Subject: RIGZONE Industry News Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii 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 =09Thursday January 17, 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] UK's 20th Licensing Round Open= for Bids The UK's 20th licensing round opens up almost 300 offshore block= s. African Oil Workers Launch General Strike The Nigeria Labor Congress l= aunched a general strike on Wednesday in an effort to force the government = to reverse a recent decision to increase fuel prices. Shell Evacuates Bren= t C Platform A hydrogen sulfide gas leak was discovered on Shell's Brent C= Platform in the UK North Sea last night. [IMAGE] [IMAGE] advertisem= ent 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 infor= mation: http://www.rigzone.com/market/surplus_listing.asp?eq_id=3D397 = Exploration [IMAGE] [IMAGE] [IMAGE] Marathon Drills Two D= usters in Gulf of Mexico Marathon Oil Company reported that it did not enc= ounter hydrocarbons at the company's Paris Carver and Flathead exploratory = wells in the deepwater Gulf of Mexico. Nigeria and Sao Tome & Principe Est= ablish Joint Development Zone Nigeria and the Democratic Republic of Sao T= ome & Principe have established a Joint Development Zone over the offshore = area that had previously been subject to competing national claims. Matrix= to Re-enter Kambuna #1 Well Matrix plans to re-enter its West Kambuna # 1= well after reviewing independent third-party studies on the area. U.S. Ap= proves Deepwater Royalty Relief Gale Norton, Secretary of the Interior, an= nounced that oil and gas companies drilling in! Gulf of Mexico deepwater wi= ll be given royalty reductions. [IMAGE] [IMAGE] Production [IMAG= E] [IMAGE] [IMAGE] Buzzard Boosts PanCandian's North Sea Reserves= PanCanadian has increased its recoverable reserves on its Buzzard oil dis= covery in the North Sea, after drilling two additional appraisal wells on t= he structure. Iran Finalizes Foroozan-Esfyandar Development Plan Iran is = close to finalizing development plans for the Foroozan-Esfyandar fields off= shore Iran. Production Restarted at Argyll Field The UK's Department of T= rade and Industry awarded a license to restart production from the UK's old= est offshore oilfield, Argyll. Baja Pipeline Approved The FERC gave final= approval to the U.S. segment of the North Baja Pipeline project. ! [IMA= GE] [IMAGE] Company & Financial News [IMAGE] [IMAGE] [IMAG= E] Capco Acquires Energy Reserves Group Capco Energy, Inc. has signed an = agreement to acquire all outstanding shares of Houston-based Energy Reserve= s Group. [IMAGE] [IMAGE] advertisement [IMAGE] Human Resources in O= il and Gas is the comprehensive HR forum for the industry. The conference w= ill deal with attracting and retaining quality staff and dealing with the e= ffects of mergers, acquisitions, and restructuring. This conference is a mu= st for anyone involved in the often hectic human resources decisions of tod= ays oil and gas companies. HR in Oil and Gas is being held in Aberdeen on F= ebruary 27 and 28. Click here for more information. Last 7 Days = Top Stories [IMAGE] [IMAGE] [IMAGE] Former Enron Execs Start New = Company Several former Enron senior executives have formed a new company t= o provide risk management services to the energy industry. Torch Offshore = Purchases Construction Vessel Torch Offshore has purchased a 520-foot ves= sel which it intends to convert to a DP-2 offshore construction vessel and = rename the Midnight Express. Anadarko Petroleum Provides 2002 Outlook Ana= darko Petroleum Corporation outlines its expectations for capital spending = for 2002 and offers guidance on 2001 financial and operating results. Devo= n Hits Offshore Brazil Devon Energy has made a discovery in the shallow wa= ters of Campos Basin offshore Brazil. National-Oilwell Acquires HALCO Nat= ional-Oilwell has acquired HAL Oilfield Pump & Equipment Company. Anderson= Employees Destroy Enron Documents Andersen reports that individuals in th= e firm have disposed of a significant number of electronic and paper docume= nts and correspondence relating to the Enron account Petrobras Awards FMC = $17 Million Contract FMC will provide Petrobras with three deepwater solut= ions with a contract value of approximately $17 million. Novus Petroleum H= its in the Gulf of Mexico The La Playa-1 well in the western Gulf of Mexic= o offshore Padre Island has discovered natural gas. Kongsberg Awarded Craz= y Horse Project Kongsberg Simrad has been aw! arded a contract for providi= ng an integrated control and monitoring system to BP for the Crazy Horse PD= Q semisub. Venture To Begin Drilling Program on Sycamore Field Venture Pr= oduction will start drilling in May of this year at its Sycamore field in t= he UK Sector of the North Sea. Shell and CNOOC Sign PSC Agreement CNOOC a= nd Shell Exploration China Limited signed a Production Sharing Contract for= the exploration of the Bonan area of Bohai Bay. Statoil Sells First Oil F= rom Girassol Statoil has sold its first load of crude - one million barrel= s - from the TotalFinaElf-operated Girassol field offshore Angola. [IMAG= E] [IMAGE] Upcoming Oil & Gas Industry Events [IMAGE] [IMAGE] = [IMAGE] Jan. 22 Alliances and Partnering in Oil & Gas Singapore F= eb. 6 Torch Mid-Winter Energy Conference New York Feb. 7 Marine Co= nstruction 2002 Houston Feb. 10 2002 SPE International Petroleum Confer= ence & E! xhibition in Mexico Villahermosa Feb. 26 2002 IADC/SPE Drilli= ng Conference and Exhibition Dallas Feb. 26 Offshore Oil and Gas Safet= y Seminars Aberdeen Feb. 27 Human Resources in Oil & Gas Aberdeen Mar.= 10 AAPG Annual Meeting Houston Mar. 20 LNG North America Houston A= pr. 9 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition Houston = list your conference view upcoming events [IMAGE] [IMAGE] [IMAGE] = [IMAGE] [IMAGE] Horizon Offshore Global Completion Service HoverDril B= aker Hughes [IMAGE] [IMAGE] pr! omote your company [IMAGE] [IMAG= E] [IMAGE] 2001 U.S. Offshore Oil Company Directory [IMAGE] [IMAGE] Dec= ision Analysis for Petroleum Exploration, 2nd Ed. [IMAGE] [IMAGE] Environ= mental Impact of the Offshore Oil and Gas Industry [IMAGE] [IMAGE] [IMAGE= ] more products [IMAGE] [IMAGE] featured equipment: Wartsila Gene= rator Sets [IMAGE] BOP Closing Units [IMAGE] [IMAGE] [IMAGE] more= equipment [IMAGE] [IMAGE] featured jobs: - Production Operator - = Construction Engineer - Senior Pipeline Engineer ! more hot jobs >> fe= atured candidates: - Field Geologist & Software Engineer - Commissioning = Operator - Geological Oil and Gas Database Support Specialist search for= candidates >> [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillships: To 50= 00': 50.0% (7/14) +5000': 96.0% (24/25) Semisubs: 2nd Gen: 67.1% (4= 9/73) 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: 50.0% (12/24) 200' MS= : 14.3% (3/21) 300' IC: 86.5% (83/96) +300' IC: 90.7% (49/54) Severe = Env.: 81.0% (17/21) [IMAGE] [IMAGE] view complete utilization report= [IMAGE] [IMAGE] Light Crude Oil: $18.82/BBL (1.84%) Brent Crude Oi= l: $19.48/BBL (-1.27%) Natural Gas: $2.41/MMBtu (5.24%) Unleaded Gasoli= ne: $0.55/gal (3.77%) prices f! rom: 1/16/2002 change since: 1/15/2002 = [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=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