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=09=09=09[IMAGE]=09 =09Friday January 11, 2002=09[IMAGE] =09=09 =09=09=09[IMAGE]=09 =09=09=09[IMAGE]=09 [IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09 [IMAGE]=09=09home | news | search | maps | data | jobs | = market | store =09[IMAGE]=09 =09=09=09[IMAGE]=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] Anderson Employees Destroy Enr= on Documents Andersen reports that individuals in the firm have disposed o= f a significant number of electronic and paper documents and correspondence= relating to the Enron account Delta Petroleum Files Lawsuit Against U.S. = Government Delta Petroleum and several other companies have filed a lawsui= t against the U.S. Government alleg! ing that the government has materially= breached their leases located offshore California. Norwegian Pilots Rejec= t Latest CHC Offer The Norwegian Airline Pilots Association has rejected t= he latest offer by CHC and have made a decision to begin limited work actio= n. [IMAGE] [IMAGE] Exploration [IMAGE] [IMAGE] Abraxa= s Spuds Ladyfern Well Abraxas spuds first well of a planned six-well progr= am on its Ladyfern prospect in British Columbia, Cananda. Ecuador Calls Ni= nth International Bidding Round Petroecuador will have eight blocks availa= ble in its ninth bidding round. Four are located offshore and four are loc= ated in the Amazon Basin. [IMAGE] [IMAGE] Production [IMAGE] = [IMAGE] [IMAGE] Petrobras Sets Production Record Petrobras set a mo= nthly production record in December, averaging 1.5 million barrels a day. = BP 4Q Production Increases BP reported that its total 2001 reported produc= tion is projected to increase by around 5.5% compared with 2000. [IMAGE]= [IMAGE] Company & Financial News [IMAGE] [IMAGE] [IMAGE] She= ll Marine Donates to GOM Conservation Project Shell and the National Fish = and Wildlife Foundation have awarded $1.2 million to six Gulf Coast wildlif= e conservation and research programs. [IMAGE] [IMAGE] advertisement A = National-Oilwell designed, 1992 built modular offshore drilling rig is avai= lable 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 information:= http://www.rigzone.com/market/surplus_listing.asp?eq_id=3D397 = Last 7 Days Top Stories [IMAGE] [IMAGE] [IMAGE] Halliburton Says= the Rumors Are Not True Halliburton says there is no basis for the rumors= that the company has filed for bankruptcy. BP Scales Back Alaskan Operati= ons BP has decided to downsize its staff in Anchorage and shelve its Liber= ty project at this time. PetroChina and Shell Sign Gas Pipeline Deal Petr= oChina and Shell have entered into a preliminary agreement for an $18 billi= on East/West China pipeline project. Nabors Changes Corporate Structure N= abors Industries Board of Directors has approved a plan to reorganize the c= ompany and change its place of incorporation from Delaware to Bermuda. Mar= athon Acquires Interests in Equatorial Guinea Marathon has completed its a= cquisition of CMS Energy's interests in Equatorial Guinea for $993 million.= Kvaerner Receives Final Approval for Rescue Plan Kvaerner has received a= pproval from the final group of lenders for the rescue plan that would merg= e Kvaerner and Aker Maritime. Prosafe 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 consortium led by Agip. Houston Exploratio= n Completes Acquisition Houston Exploration finalizes South Texas property= acquisition from Conoco for $69 million. Torch Offshore Purchases Constru= ction Vessel Torch Offshore has purchased a 520-foot ves! sel which it in= tends to convert to a DP-2 offshore construction vessel and rename the Midn= ight Express. Newfield Makes Management Changes Newfield Exploration has = made management changes in Australia and Anadarko Basin office locations. = Unocal Increases Production Offshore Thailand Unocal Thailand has plans to= double the crude output in the Gulf of Thailand this year as part of a six= -year development plan. Kerr-McGee Announces 2002 Capital Budget Kerr-McG= ee to allocate $310 million of its 2002 exploration and production budget f= or the North Sea. [IMAGE] [IMAGE] Upcoming Oil & Gas Industry Ev= ents [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 Internatio= nal Petroleum Conference & Exhibition in Mexico Villahermosa Feb. 26 20= 02 IADC/SPE Drilling Conference and Exhibition Dallas Feb. 27 Human Re= sources in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeting Houston Mar.= 20 LNG North America Houston Apr. 9 2002 SPE/ICoTA Coiled Tubing C= onference and Exhibition Houston May. 6 Offshore Technology Conference= 2002 Houston list your conference view upcoming events [IMAGE] [IMAGE]= [IMAGE] [IMAGE] [IMAGE] Horizon Offshore Global Completion Service= HoverDril DataLog Baker Hughes [IMAGE] [IMAGE]! promote your com= pany [IMAGE] [IMAGE] [IMAGE] Emergency Helicopter Abandonment [IMAG= E] [IMAGE] Offshore Helicopter Operations [IMAGE] [IMAGE] Introduction t= o Offshore Safety and Survival, 2nd Ed. [IMAGE] [IMAGE] [IMAGE] more = products [IMAGE] [IMAGE] featured equipment: Wartsila Generator Sets= [IMAGE] Cabot 250 Workover and Drilling Rig [IMAGE] [IMAGE] [IMA= GE] more equipment [IMAGE] [IMAGE] featured jobs: - Structural E= ngineer - Wellhead-Christmas Tree Specialist - Piping Designer more hot = jobs << featured candidates: - Commissioning Supervisor - Lead Producti= on Operator - Senior Planner & Scheduler search for candidates << [IMA= GE] [IMAGE] [IMAGE] [IMAGE] Drillships: To 5000': 50.0% (7/14) += 5000': 100.0% (25/25) Semisubs: 2nd Gen: 68.5% (50/73) 3rd Gen: 84.= 0% (42/50) 4th Gen: 100.0% (38/38) 5th Gen: 100.0% (7/7) Jackups: 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 [IMAGE] [IMAGE= ] Light Crude Oil: $20.46/BBL (0.69%) Brent Crude Oil: $21.28/BBL (2.0= 6%) Natural Gas: $2.22/MMBtu (-1.33%) Unleaded Gasoline: $0.59/gal (1.7= 2%) prices from: 1/10/2002 change since: 1/9/2002 [IMAGE] [IMAGE] [= IMAGE] [IMAGE] [IMAGE] Promotional Opportunities Become a Sponsor= , feature your job opening or, advertise your upcoming industry conference= . Click here for more information, send your press release to info@rigzo= ne.com or call us at 281-345-4040. Member Services If you no longer wish= to receive this newsletter, you may unsubscribe by clicking here or by lo= gging in to Rigzone and updating your profile. You can also change the fo= rmat you receive (HTML or Text) and your email address by logging in and up= dating your account. Click here to log in . [IMAGE] =09=09
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