Enron Mail

From:newsletter@rigzone.com
To:darrell.schoolcraft@enron.com
Subject:RIGZONE Industry News
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Date:Mon, 14 Jan 2002 15:25:42 -0800 (PST)


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=09Tuesday January 15, 2002=09[IMAGE] =09=09=09
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[IMAGE]=09=09 RIGZONE [IMAGE] [IMAGE] [IMAGE] =09[IMAGE]=09=09
[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 Pas=
t 7 Days Featured Events and Conferences What's in Store - Books & More =
Featured Employment Opportunities Surplus Oilfield Equipment For Sale Worl=
dwide Offshore Rig Utilization Oil & Gas Prices [IMAGE] [IMAGE] =
Industry Headlines [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. Shell and CNOOC=
Sign PSC Agreement CNOOC and Shell Exploration China Limited signed a Pro=
duction Sharing Contract for the exploration of the Bonan area of Bohai Bay=
. [IMAGE] [IMAGE] advertisement A National-Oilwell designed, 1992 bu=
ilt modular offshore drilling rig is available for sale direct from the man=
ufacturer. 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 detail=
s, photos and seller contact information: http://www.rigzone.com/market/s=
urplus_listing.asp?eq_id=3D397 Exploration [IMAGE] [IMAGE] =
[IMAGE] Gazprom To Develop Northern Gas Fields Gazprom has plans to d=
evelop new natural gas fields in the far north Yamal region of Russia. Pet=
ronas and Bahrain Develop Offshore Exploration Program Petronas and Bahrai=
ni officals met over the weekend to discuss a program for drilling offshore=
Bahrain. [IMAGE] [IMAGE] Production [IMAGE] [IMAGE] [I=
MAGE] ExxonMobil Sells Qatari Gas to Kuwait ExxonMobil, Kuwait Petroleum =
Corporation and Qatar Petroleum have reached agreement in principle on key =
terms to supply Kuwait with Qatari gas. Statoil To Prepare Development Stu=
dy For Iran Statoil has been tapped by the IOC to prepare a comprehensive =
development plan to ! boost production from three Iranian fields in southwe=
st Iran. [IMAGE] [IMAGE] Company & Financial News [IMAGE] [=
IMAGE] [IMAGE] Talisman Expects to Spend $2 Billion in 2002 Talisman'=
s 2002 budget for exploration and development is $2 billion which is a 6% i=
ncrease over the 2001 budget. Anadarko Petroleum Provides 2002 Outlook An=
adarko Petroleum Corporation outlines its expectations for capital spending=
for 2002 and offers guidance on 2001 financial and operating results. Com=
pass Signs Preferred Supplier Agreement with ChevronTexaco ChevronTexaco a=
nd Compass Group sign the industry's largest catering agreement valued at $=
200 million per year. ! [IMAGE] [IMAGE] advertisement [IMAGE] Human=
Resources in Oil and Gas is the comprehensive HR forum for the industry. T=
he conference will deal with attracting and retaining quality staff and dea=
ling with the effects of mergers, acquisitions, and restructuring. This con=
ference is a must for anyone involved in the often hectic human resources d=
ecisions of todays oil and gas companies. HR in Oil and Gas is being held i=
n Aberdeen on February 27 and 28. Click here for more information. =
Last 7 Days Top Stories [IMAGE] [IMAGE] [IMAGE] BP Scales Back=
Alaskan Operations BP has decided to downsize its staff in Anchorage and =
shelve its Liberty project at this time. PetroChina and Shell Sign Gas Pip=
eline Deal PetroChina and Shell have entered into a preliminary agreement =
for an $18 billion East/West China pipeline project. Torch Offshore Purcha=
ses Construction Vessel Torch Offshore has purchased a 520-foot vessel wh=
ich it intends to convert to a DP-2 offshore construction vessel and rename=
the Midnight Express. Houston Exploration Completes Acquisition Houston =
Exploration finalizes South Texas property acquisition from Conoco for $69 =
million. Anderson Employees Destroy Enron Documents! Andersen reports th=
at individuals in the firm have disposed of a significant number of electro=
nic and paper documents and correspondence relating to the Enron account D=
evon Hits Offshore Brazil Devon Energy has made a discovery in the shallow=
waters of Campos Basin offshore Brazil. Petrobras Awards FMC $17 Million =
Contract FMC will provide Petrobras with three deepwater solutions with a =
contract value of approximately $17 million. Unocal Increases Production O=
ffshore Thailand Unocal Thailand has plans to double the crude output in t=
he Gulf of Thailand this year as part of a six-year development plan. Kerr=
-McGee Announces 2002 Capital Budget Kerr-McGee to allocate $! 310 million=
of its 2002 exploration and production budget for the North Sea. National=
-Oilwell Acquires HALCO National-Oilwell has acquired HAL Oilfield Pump & =
Equipment Company. Malaysia, Indonesia & Vietnam Enter Joint Venture The=
national oil companies of Malaysia, Indonesia and Vietnam have signed a jo=
int venture agreement to explore for oil offshore Vietnam. Jacobs Joins NA=
M Consortium Jacobs Engineering has been awarded formal approval to become=
a member of the NAM Consortium. [IMAGE] [IMAGE] Upcoming Oil & =
Gas Industry Events [IMAGE] [IMAGE] [IMAGE] Jan. 22 Alliance=
s and Partnering in Oil & Gas Singapore Feb. 6 Torch Mid-Winter Energ=
y Conference New York Feb. 7 Marine Construction 2002 Houston Feb. 10=
2002 SPE International Petroleum Conference & Exhibition in Mexico Vil=
lahermosa Feb. 26 2002 IADC/SPE Drilling Conference and Exhibition Dal=
las Feb. 26 Offshore Oil and Gas Safety Seminars Aberdeen Feb. 27 Hu=
man Resources in Oil & Gas Aberdeen Mar. 10 AAPG Annual Meeting Housto=
n Mar. 20 LNG North America Houston Apr. 9 2002 SPE/ICoTA Coiled Tu=
bing Conference and Exhibition Houston list your conference view upcomin=
g events [IMAGE] [IMAGE] =09[IMAGE]=09 [IMAGE] [IMAGE] Horizon Off=
shore Global Completion! Service HoverDril DataLog Baker Hughes [IMAG=
E] [IMAGE] promote your company [IMAGE] [IMAGE] [IMAGE] Environm=
ental Impact of the Offshore Oil and Gas Industry [IMAGE] ! [IMAGE] El=
ements of 3-D Seismology [IMAGE] [IMAGE] Interactive Drilling for Fast T=
rack Oilfield Development [IMAGE] [IMAGE] [IMAGE] more products =
[IMAGE] [IMAGE] featured equipment: Wartsila Generator Sets [IMAGE] S=
elf-Contained Platform Rig [IMAGE] [IMAGE] [IMAGE] more equipment =
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[IMAGE]=09 featured jobs: - Technical Sales - Piping Designer - Struct=
ural Engineer more hot jobs << featured candidates: - Drilling Manager=
, Senior Drilling Engineer - Purchasing, Logistics and Materials Managemen=
t - Experienced Professional in Oil & Gas Drilling search for candidates=
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=09=09[IMAGE]=09
[IMAGE]=09 Drillships: To 5000': 50.0% (7/14) +5000': 96.0% (24/25) =
Semisubs: 2nd Gen: 67.1% (49/73) 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) 20=
0' 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) =09[IMAGE]=09
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=09=09view complete utilization report =09


=09=09[IMAGE]=09
[IMAGE]=09 Light Crude Oil: $19.01/BBL (-3.40%) Brent Crude Oil: $19.77/=
BBL (-4.26%) Natural Gas: $2.26/MMBtu (2.73%) Unleaded Gasoline: $0.55/=
gal (-3.! 51%) prices from: 1/14/2002 change since: 1/11/2002 =09[IMAGE]=
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