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Date: Wed, 12 Dec 2001 22:35:34 -0800 (PST)
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	Thursday
December 13, 2001	Schlumberger <http://www.connect.slb.com/> 		
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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
Worldwide Offshore Rig Utilization
Oil & Gas Prices

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Welcome to the Rigzone News	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Today we would like to welcome our members to the new Rigzone.com daily newsletter, delivering upstream oil and gas industry news, conference schedules and market indicators every business day. 	
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Industry Headlines	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Indonesia Will Tender 17 Blocks for Exploration <http://www.rigzone.com/news/article.asp?a! _id=2192>
Indonesia will tender 17 areas for oil exploration. Tender documents will be available January/February 2002.

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Feature your surplus oilfield equipment or new products with a photo and banner ad on the Rigzone.com market place home page and receive a free advertisement here in the Rigzone daily newsletter with up to 4 sentences of text. 	

	

Exploration	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Halliburton Expands Relationship with Vanco Energy <http://www.rigzone.com/news/article.! asp?a_id=2191>
Halliburton continues to build upon its relationship with Vanco Energy by signing an agreement for engineering and consulting services in several deepwater regions offshore West Africa.

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Production	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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ChevronTexaco Ships First Oil from QHD 32-6 Field <http://www.rigzone.com/news/article.asp?a_id=2193>
ChevronTexaco has achieved an important milestone with the shipment of its first cargo of crude oil from the QHD 32-6 oil field, 130 kilometers east of Tianjin, in China's Bohai Bay.

AOC and Kuwait Try to Finalize Khafji Agreement <http://www.rigzone.com/news/article.asp?a_id=2189>
Arabian Oil Co. has signed memorandum with the Kuwaiti government that compels both parties to try to reach an agreement by Jan. 29 to allow Arabian Oil to contin! ue tapping Kuwait's Khafji oil field.

NWS Approves Second Trunkline Project <http://www.rigzone.com/news/article.asp?a_id=2187>
The North West Shelf Venture will build a second trunkline from its offshore facilities to its onshore plant near Karratha in Western Australia.

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Company & Financial News	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Qatargas Signs $90 Million Deal with Technip & Chiyoda <http://www.rigzone.com/news/article.asp?a_id=2190>
Qatargas signed a $90 million contract with a joint venture of Chiyoda Corp. and Technip of France to raise LNG ouput at its Ras Laffan plant.

Statoil Orders New LNG Carrier <http://www.rigzone.com/news/article.asp?a_id=2188>
Statoil has placed an order with Leif Hoegh & Co and Mitsui OSK Lines for an LNG tanker to ship LNG from the Snohvit field to Melkoya.

Indo-Pacific Secures Funding for Huinga Deep Prospect <http://www.rigzon! e.com/news/article.asp?a_id=2186>
Indo-Pacific Energy has reached agreement with Preussag Energie to fund the drilling of the Huinga Deep Prospect in the PEP38716 permit area in the onshore Taranaki Basin.

CB&I Awarded LNG Project in Australia <http://www.rigzone.com/news/article.asp?a_id=2185>
CBI Constructors has been awarded a contract valued at US $65 million by Woodside Energy Ltd., for the fourth LNG production train.

Pioneer Sets Budget for 2002 <http://www.rigzone.com/news/article.asp?a_id=2184>
Pioneer Natural Resources Company announced that its Board of Directors has approved a 2002 development and exploration capital budget of $425 million.

Bouygues Signs AIOC Contract <http://www.rigzone.com/news/article.asp?a_id=2183>
Following an interim accord with the AIOC consortium on July 11, Bouygues Offshore has signed a contract worth! US $163 million to supply offshore structures for the Azeri field.

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A National-Oilwell designed, 1992 built modular offshore drilling rig is available 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: 

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Last 7 Days Top Stories	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Rig Crew Successfully Evacuated <http://www.rigzone.com/n! ews/article.asp?a_id=2124>
GlobalSantaFe Corporation reported that an 84-person crew was successfully evacuated from the Key Singapore which encountered a severe storm in the Mediterranean Sea offshore Israel.

Kerr-McGee Hits Again in Bohai Bay <http://www.rigzone.com/news/article.asp?a_id=2129>
Kerr McGee Corp. and its partners have struck oil in a wildcat in the Bohai Bay offshore north China.

DONG Buys Norwegian Minnow for $46.6 Million <http://www.rigzone.com/news/article.asp?a_id=2158>
The owners of Pelican signed a letter of intent December 7th to sell the company to Denmark's DONG for NOK250 ($27.9) per share.

Houston Exploration to Spend $270 Million in 2002 <http://www.rigzone.com/news/article.asp?a_id=2141>
The Company has estimated its 2002 capital program to total $270 million, which includes planned drilling and development of the additional South T! exas property acquisition.

BHP Expected to Spend Big Bucks on Mad Dog <http://www.rigzone.com/news/article.asp?a_id=2148>
BHP is set to commit $300 million to the development of the Mad Dog field in the Gulf of Mexico.

Shell & Halliburton Get Behind Enventure <http://www.rigzone.com/news/article.asp?a_id=2150>
Enventure Global Technology has secured agreements from Shell and Halliburton that will accelerate the global roll-out of its solid expandable tubular products.

Unocal Hopes To Start Importing Gas To India Next Year <http://www.rigzone.com/news/article.asp?a_id=2152>
The Bangladesh subsidiary of Unocal Corp hopes to receive approval by June of 2002 from Dhaka to start exporting gas to India.

Phillips Announces 2002 Budget <http://www.rigzone.com/news/article.asp?a_id=2172>
The board of directors of Phillips Petroleum Company has approved $3.5 billion for capital projects in ! 2002.

Cal Dive Acquires Canyon Offshore <http://www.rigzone.com/news/article.asp?a_id=2128>
Cal Dive International, Inc. has agreed to acquire 85% of Canyon Offshore, Inc.

Vietsovpetro Hits Offshore South Vietnam <http://www.rigzone.com/news/article.asp?a_id=2132>
Vietsovpetro has found hydrocarbons in the South White Tiger area offshore South Vietnam.

Hydril Receives Another BOP Order from Diamond <http://www.rigzone.com/news/article.asp?a_id=2138>
Hydril Company has received another order for the purchase of a blowout preventer multiplex control system from a subsidiary of Diamond Offshore.

McDermott Awarded Caspian Contract <http://www.rigzone.com/news/article.asp?a_id=2140>
McDermott International, Inc. has signed contracts with AIOC for the fabrication and installation of topsides and pipelines for Phase 1 of the ACG fields in the Caspian Sea.

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American Material Resources, Inc. offers McMaster-Carr Supply Company Catalog items at a discount price...E-Mail (amrsales@ocinet.net <mailto:amrsales@ocinet.net>) or fax your inquries to us at 970-325-0505, attention Donna Morss, Sales. All we need for 24-hour turnaround on quotes is the McMaster part number and quantity. www.amrsales.com <http://www.amrsales.com>	

	

Upcoming Oil & Gas Industry Events	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Jan. 22 	Alliances and Partnering in Oil & Gas <http://www.rigzone.com/news/event_detail.asp?event_id=75>		
Feb. 10 	2002 SPE International Petroleum Conference & Exhibition in Mexico <http://www.rigzone.com/news/event_detail.asp?event_id=35>	Villahermosa	
Feb. 26 	2002 IADC/SPE Drilling Conference and Exhibition  <http://www.rigzone.com/news/event_detail.asp?event_id=37>	Dallas	
Mar. 10 	AAPG Annual Meeting <http://www.rigzone.com/news/event_detail.asp?event_id=21>	Houston	
Apr. 9 	2002 SPE/ICoTA Coiled Tubing Conference and Exhibition <http://www.rigzone.com/news/event_detail.asp?event_id=41>	Houston	
May. 6 	Offshore Technology Conference 2002 <http://www.rigzone.com/news/event_detail.asp?event_id=31>	Houston	
Aug. 27 	ONS 2002 Conference and Exhibition <http://www.rigzone.com/news/event_detail.asp?event_id=80>	Stavanger	
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  <http://www.rigzone.com/images/spacer.gif>	Halliburton <http://www.halliburton.com>
INTEC <http://www.intecengineering.com>
Quest Offshore <http://www.questoffshore.com>
Horizon Offshore <http://www.horizonoffshore.com>
Global Completion Service <http://www.globalcompletion.com>
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Petroleum Well Construction <http://www.rigzone.com/store/product.asp?p_id=253>	
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Guidelines for Marine Operations <http://www.rigzone.com/store/product.asp?p_id=53>	
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2001 Offshore Construction and Engineering Personnel Directory <http://www.rigzone.com/store/product.asp?p_id=444>	
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more products <http://www.rigzone.com/store/>	

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  <http://www.rigzone.com/images/spacer.gif>	featured equipment:	
Dreco 1000 UE Land Rigs <http://www.rigzone.com/market/surplus_listing.asp?eq_id=399>	
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Ideco H-35 DD Drive-in Rig  <http://www.rigzone.com/market/surplus_listing.asp?eq_id=40! 5>	
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more equipment <http://www.rigzone.com/market/>	

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-	Project Managers - Expandable Tubulars  <http://www.rigzone.com/jobs/job_posting.asp?p_id=594>	
-	Lafayette Based Pneumatic Fitter <http://www.rigzone.com/jobs/job_posting.asp?p_id=917>	
-	Deepwater Drilling Engineer <http://www.rigzone.com/jobs/job_posting.asp?p_id=905>	
more hot jobs >> <http://www.rigzone.com/jobs/hot_jobs.asp>	
featured candidates: 	
-	Facility Manager/Superintendent <http://www.rigzone.com/jobs/resume.asp?r_id=7957>	
-	Senior Sales and Marketing Service Specialist  <http://www.rigzone.com/jobs/resume.asp?r_id=7383>	
-	Drilling Consultant- Offshore-Deepwater <http://www.rigzone.com/jobs/resume.asp?r_id=7462>	
search for candidates >> <http://www.rigzone.com/jobs/search_resume.asp>	
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  <http://www.rigzone.com/images/email/title_tab_RigUtil.gif>	
  <http://www.rigzone.com/images/spacer.gif>	Drillships:	
To 5000': 	50.0%	(7/14)	
+5000': 	96.0%	(24/25)	
Semisubs:	
2nd Gen: 	69.9%	(51/73)	
3rd Gen: 	84.0%	(42/50)	
4th Gen: 	100.0%	(38/38)	
5th Gen: 	100.0%	(7/7)	
Jackups:	
To 200': 	55.2%	(37/67)	
200' MC: 	58.3%	(14/24)	
200' MS: 	14.3%	(3/21)	
300' IC: 	85.4%	(82/96)	
+300' IC: 	87.0%	(47/54)	
Severe Env.: 	76.2%	(16/21)	
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view complete utilization report <http://www.rigzone.com/data/utilization_trends.asp>	

  <http://www.rigzone.com/images/email/title_tab_OilPrices.gif>	
  <http://www.rigzone.com/images/spacer.gif>	West Texas Intermediate: 	$18.08/BBL 
(-1.63%)	
Saudi Arabian Light: 	$17.06/BBL 
(-0.87%)	
North Sea Brent: 	$17.54/BBL 
(-1.74%)	
Natural Gas, Henry Hub: 	$2.52/MMBtu 
(8.87%)	
prices from: 	12/11/2001	
change since: 	12/10/2001	
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