Message-ID: <21784831.1075840753414.JavaMail.evans@thyme>
Date: Wed, 23 Jan 2002 15:30:53 -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" <newsletter@rigzone.com>@ENRON
X-To: Kaminski, Vince J </O=ENRON/OU=NA/CN=RECIPIENTS/CN=VKAMINS>
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
=09Thursday January 24, 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]       Statoil Relinquishes Greenland=
 License  Statoil has relinquished its exploration license in the Fylla are=
a offhsore Greenland.  BG Revises Offer for Enron India  BG Group has revis=
ed its agreement for the purchase of the entire share capital of Enron Oil =
& Gas India Limited.    [IMAGE]   [IMAGE]  advertisement  A National-Oilwel=
l designed, 1992 built modular offshore drilling rig is available for sale =
direct from the manufacturer.  This rig drilled only 5 wells from the Draug=
en platform in the Norwegian sector of the North Sea.  Click on the link be=
low for full details, photos and seller contact information:   http://www.r=
igzone.com/market/surplus_listing.asp?eq_id=3D397            Exploration [I=
MAGE]      [IMAGE]     [IMAGE]  CNOOC Begins Exploration Offshore Hainan Pr=
ovince  CNOOC Ltd. has begun drilling the Dongfang 1-1 Well, the first in t=
he offshore Dongfang field.  Murphy Optomistic About West Patricia  Murphy =
Oil had positive results from its appraisal well on the West Patricia oil p=
rospect offshore Sarawak in east Malaysia.  Marathon Makes Discovery in Ala=
ska  Marathon oil has made a significant discovery on its Ninilchik Prospec=
t located approximately 35 miles south of Kenai, Alaska.  Meridian Acquires=
 Additional Acreage in Louisiana  The Meridian Resource Corporation recentl=
y closed on the purchase of a major land rights position covering over 190,=
000 acres located in the Company's focus area of south Louisiana.    [IMAGE=
]   [IMAGE]       Production [IMAGE]      [IMAGE]     [IMAGE]  Kvaerner Awa=
rded  Escravos FEED Contract  Kvaerner has been awarded the FEED work for t=
he Escravos Gas Project Phase 3 by NNPC/Chevron.    [IMAGE]   [IMAGE]      =
 Company & Financial News [IMAGE]      [IMAGE]     [IMAGE]  Remington Exten=
ds Two Gulf of Mexico Fields  Remington Oil and Gas has successfully comple=
ted two offshore field extensions and expects both 4th quarter and 2002 pro=
duction volumes to fall in line with prior guidance.  GlobalSantaFe Reports=
 2001 Results  GlobalSantaFe Corp. posted a 71 percent drop in fourth-quart=
er earnings as merger-related costs weighed on its results, but its rev! en=
ues rose on strong international drilling activity.    [IMAGE]   [IMAGE]   =
    Last 7 Days Top Stories [IMAGE]      [IMAGE]     [IMAGE]  Drilling Oper=
ations Halted on West Navion  Drilling operations on the West Navion have b=
een halted for the next 2-3 weeks so the rig can undergo an inspection of i=
ts derrick.  Pemex Increases Exploration Spending in 2002  Pemex plans to c=
oncentrate spending on explortion and production projects in 2002.  Conoco =
Focuses on Indonesia    Conoco expects to spend over $2.5 billion in Indone=
sia during the next nine years, as part of planned investment of $3.4 billi=
on between 1998 and 2010.  U.S. Approv! es Deepwater Royalty Relief  Gale N=
orton, Secretary of the Interior, announced that oil and gas companies dril=
ling in Gulf of Mexico deepwater will be given royalty reductions.  Kerr-Mc=
Gee Sells Ecuadorian Assets  Kerr-McGee has agreed to sell two oil lease co=
ncessions and its stake in a pipeline project in Ecuador to Perenco.  CNOOC=
 Acquires Repsol-YPF's Indonesian Assets  CNOOC has acquired Repsol-YPF's I=
ndonesian assets for US $585 million in cash.  This acquisition will make C=
NOOC the largest offsohre oil producer in Indonesia.  CNOOC Jackup Leaves C=
hina  CNOOC secured the first contract for overseas service as an independe=
nt contractor in the international drilling market.  PGS A! warded $58 Mill=
ion in New Contracts  Petroleum Geo-Services ASA announced that its onshore=
 division has secured new seismic acquisition contracts in the United State=
s, Ecuador, India and Bangladesh valued at $58 million.  Bouygues/Saipem Aw=
arded Algerian Contract  Sonatrach has awarded a joint venture of Saipem an=
d Bouygues a $257 million oilfield development project in Algeria.  CNOOC A=
nnounces 2002 Strategy   In 2002, CNOOC will continue to focus on growing p=
roduction, executing development plans and adding reserves through explorat=
ion.  Shell Hits Offshore Nigeria  Shell Nigeria has made a significant dis=
covery in the deep waters offshore Nigeria.  Westcoast Energy Reaches Miles=
ton! e in Mexico  Westcoast Energy announced has reached a major milestone =
in the development of the Campeche Natural Gas Compression Services Project=
 in Mexico.    [IMAGE]   [IMAGE]       Upcoming Oil & Gas Industry Events [=
IMAGE]      [IMAGE]     [IMAGE]  Jan. 29    NAPE Expo 2002  Houston Feb. 6 =
    Torch Mid-Winter Energy Conference  New York Feb. 7     Marine Construc=
ti! on 2002  Houston Feb. 10    2002 SPE International Petroleum Conference=
 & Exhibition in Mexico  Villahermosa Feb. 26    2002 IADC/SPE Drilling Con=
ference and Exhibition   Dallas Feb. 26    Offshore Oil and Gas Safety Semi=
nars  Aberdeen Feb. ! 27    Human Resources in Oil & Gas  Aberdeen Mar. 10 =
   AAPG Annual Meeting  Houston Mar. 20    LNG North America  Houston Apr. =
9     2002 SPE/ICoTA Coiled Tubing Conference and Exhibition  H! ouston  li=
st your conference  view upcoming events   [IMAGE]   [IMAGE]    [IMAGE]    =
[IMAGE] [IMAGE]  Horizon Offshore  Global Completion Service  HoverDril  Ba=
ker Hughes   [IMAGE]   [IMAGE]   promote your company      [IMAGE] [IMAGE] =
 [IMAGE]  Offshore Field Development Guide - Indian Sub Continent, South Ea=
st Asia, Australasia, Far East  [IMAGE] [IMAGE]  Interactive Drilling for F=
ast Track Oilfield Development  [IMAGE] [IMAGE]  Dictionary for the Petrole=
um Industry, 3rd Ed.  [IMAGE]  [IMAGE]   [IMAGE]   more products   [IMAGE] =
     [IMAGE] [IMAGE]  featured equipment:  North Africa Cooper LTO 750  [IM=
AGE]   Ambar Marine 26' Fast Rescue Boats  [IMAGE]   [IMAGE]   [IMAGE]   mo=
re equipment      [IMAGE] [IMAGE]   featured jobs:  - Project Engineer  - S=
r. Drilling Engineer  - Structural Engineer   more hot jobs >>   featured c=
andidates:  - EPC Manager for Subsea Projects  - SR Technical ! Sales for S=
ubsea Drilling Completions  - Subsea Engineer with International Experience=
s   search for candidates >>   [IMAGE]   [IMAGE]     [IMAGE] [IMAGE]   Dril=
lships:  To 5000':   50.0% (7/14) +5000':   92.0% (23/25)  Semisubs:  2nd G=
en:   68.5% (50/73) 3rd Gen:  !  86.0% (43/50) 4th Gen:   100.0% (38/38) 5t=
h Gen:   100.0% (7/7)  Jackups:  To 200':   58.2%  (39/67) 200' MC:   58.3%=
 (14/24) 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 ut=
ilization report      [IMAGE] [IMAGE]  Light Crude Oil:  $19.49/BBL  (6.27%=
) Brent Crude Oil:  $19.12/BBL  (2.03%) Natural Gas:  $2.08/MMBtu  (-1.89%)=
 Unleaded Gasoline:  $0.56/gal  (1.82%) prices from:  1/23/2002 change sinc=
e:  1/22/2002  [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
