Enron Mail

From:newsletter@rigzone.com
To:j.kaminski@enron.com
Subject:RIGZONE Industry News
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Date:Mon, 7 Jan 2002 14:55:15 -0800 (PST)


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=09Tuesday January 8, 2002=09[IMAGE] =09=09=09
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[IMAGE]=09=09home | news | search | maps | data | jobs | =
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[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] =
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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 =
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