Message-ID: <17705049.1075840773636.JavaMail.evans@thyme> Date: Mon, 7 Jan 2002 14:55:15 -0800 (PST) From: newsletter@rigzone.com To: j.kaminski@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: Kaminski, Vince J X-cc: X-bcc: X-Folder: \vkamins\Deleted Items X-Origin: KAMINSKI-V X-FileName: vincent kaminski 1-30-02.pst =09=09=09[IMAGE]=09=09 =09Tuesday January 8, 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] ONGC Rejects BG Bid for Oilfie= ld ONGC has turned down another offer by BG Group to acquire Enron's 30% s= take in three fields offshore western India. ENSCO Makes Management Change= s ENSCO International has promoted three senior vice presidents. [IMAGE= ] [IMAGE] Exploration [IMAGE] [IMAGE] [IMAGE] BHP To Begi= n Drilling In Archer Field 1Q 2002 BHP has scheduled drilling operations f= or the Archer Field in the Bass Straits Offshore Australia for the first qu= arter of 2002. PanCanadian Exercises Drilling Option PanCanadian has exer= cised its first option to drill an additional well with the Borgny Dolphin = on the Buzzard Field in the North Sea. [IMAGE] [IMAGE] Productio= n [IMAGE] [IMAGE] [IMAGE] Unocal Increases Production Offshore Th= ailand Unocal Thailand has plans to double the crude output in the Gulf of= Thailand this year as part of a six-year development plan. Mackenzie Delt= a Pipeline Maki! ng Progress The Mackenzie Delta Producers Group has begun= the application process for receiving approval to develop the onshore natu= ral gas resources of the Mackenzie Delta. CNOOC To Begin Production at Thr= ee Fields This Year CNOOC is expected to begin production at three fields = offshore China. Two are located in Bohai Bay and the other is located in t= he South China Sea. Sincor Facility Construction Complete Construction of= the Sincor Project in Venezuela was completed on schedule and start-up has= commenced. [IMAGE] [IMAGE] Company & Financial News [IMAGE] = [IMAGE] [IMAGE] Houston Exploration Completes Acquisition Houston E= xploration finalizes South Texas proper! ty acquisition from Conoco for $69= million. Unocal Sets 2002 Capital Budget at $1.7 Billion Unocal will shi= ft focus in 2002 to development programs and expects to spend approximately= $250 million in deepwater locations such as the Gulf of Mexico and Indones= ia. [IMAGE] [IMAGE] advertisement A National-Oilwell designed, 1992 = built modular offshore drilling rig is available for sale direct from the m= anufacturer. This rig drilled only 5 wells from the Draugen platform in th= e Norwegian sector of the North Sea. Click on the link below for full deta= ils, photos and seller contact information: http://www.rigzone.com/market= /surplus_listing.asp?eq_id=3D397 Last 7 Days Top Stories [IMAGE]= [IMAGE] [IMAGE] MMS Approves Use of FPSOs In Gulf of Mexico The= U.S. Minerals Management Service has approved the use of FPSO vessels in t= he central and western portions of the Gulf of Mexico. Halliburton Says th= e Rumors Are Not True Halliburton says there is no basis for the rumors th= at the company has filed for bankruptcy. Enron Receives Approval to Sell T= wo Assets On December 28th a judge approved the sale of two of Enron's ass= ets at a value of $310 million. Nabors Changes Corporate Structure Nabors= Industries Board of Directors has approved a plan to reorganize the compan= y and change its place of incorporation from Delaware to Bermuda. Marathon= Acquires Interest! s in Equatorial Guinea Marathon has completed its acqu= isition of CMS Energy's interests in Equatorial Guinea for $993 million. K= vaerner Receives Final Approval for Rescue Plan Kvaerner has received appr= oval from the final group of lenders for the rescue plan that would merge K= vaerner and Aker Maritime. Halliburton Introduces New Perforation Flow Lab= oratory Halliburton has added its Perforation Flow Laboratory to its PerfP= ro process to provide detailed instrumentation and controlled-laboratory co= nditions that can allow insight into physical phenomena occurring in the re= servoir during complicated perforating and multi-phase flow events. FMC Co= rporation Spins Off FMC Technologies FMC Corporation has distributed all o= f its remaining shares in F! MC Technologies making it a fully independent = company. SMOE Awarded North Sea Platform Contract SembCorp has been award= ed a contract by Maersk for the installation of a process deck and accommod= ation module in the North Sea. Marathon Begins Trading on NYSE Marathon O= il Corporation has begun trading on the New York Stock Exchange as a standa= lone company following the separation of Marathon Group and U.S. Steel. Pr= osafe Awarded FPSO Work Offshore Nigeria Prosafe has been awarded an eight= -year contract for an FPSO to work on the Abo field offshore Nigeria by a c= onsortium led by Agip. Smedvig's CEO Resigns Christian Bull Eriksson has = announced that he will step down as CEO of Smed! vig ASA effective immediat= ely. [IMAGE] [IMAGE] Upcoming Oil & Gas Industry Events [IMAGE] = [IMAGE] [IMAGE] Jan. 22 Alliances and Partnering in Oil & Gas = Singapore Feb. 6 Torch Mid-Winter Energy Conference New York Feb. 7 = Marine Construction 2002 Houston Feb. 10 2002 SPE International Pet= roleum Conference & Exhibition in Mexico Villahermosa Feb. 26 2002 IADC= /SPE Drilling Conference and Exhibition Dallas Feb. 27 Human Resources= in Oil & Gas Aberdeen Mar. 10 AAPG! Annual Meeting Houston Apr. 9 = 2002 SPE/ICoTA Coiled Tubing Conference and Exhibition Houston May. 6 = Offshore Technology Conference 2002 Houston Aug. 27 ONS 2002 Conferenc= e and Exhibition Stavanger list your conference view upcoming events = [IMAGE] [IMAGE] [IMAGE] [IMAGE] INTEC Horizon Offshore Global Co= mpletion Service HoverDril DataLog [IMAGE] promote your company = [IMAGE] [IMAGE] [IMAGE] IADC Deepwater Well Control Guidelines [IMAGE= ] [IMAGE] Petroleum Production in Nontechnical Language, 2nd Edition [IMA= GE] [IMAGE] ! Primer of Oilwell Service, Workover, and Completion [IMAGE]= [IMAGE] [IMAGE] more products [IMAGE] [IMAGE] [IMAGE] feature= d equipment: Dreco 1000 UE Land Rigs [IMAGE] Ideco H-35 DD Drive-in Ri= g [IMAGE] [IMAGE] [IMAGE] more equipment [IMAGE] [IMAGE] fea= tured jobs: - Structural Designer - Sales Representative / Account Manage= r - Experienced Project Mngrs/Engineers; Cost Engrs/Estimators more hot = jobs >> featured candidates: - Experienced International Driller - Sr. = Material Coordinator - Business Development Manager search for candidate= s >> [IMAGE] [IMAGE] [IMAGE] [IMAGE] Drillships: To 5000': 50.= 0% (7/14) +5000': 100.0% (25/25) Semisubs: 2nd Gen: 67.1% (49/73) 3rd= Gen: 82.0% (41/50) 4th Gen: 100.0% (38/38) 5th Gen: 100.0% (7/7) Jac= kups: To 200': 56.7% (38/67) 200' MC: 54.2% (13/24) 200' MS: 14.3% = (3/21) 300' IC: 87.5% (84/96) +300' IC: 88.9% (48/54) Severe Env.: 81= .0% (17/21) [IMAGE] [IMAGE] view complete utilization report [IMA= GE] [IMAGE] Light Crude Oil: $21.48/BBL (-0.60%) Brent Crude Oil: $21.9= 7/BBL (-4.40%) Natural Gas: $3.24/MMBtu (47.27%) Unleaded Gasoline: $0.= 57/gal (-9.52%) prices from: 1/7/2002 change since: 1/4/2002 [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