Message-ID: <4958678.1075861063221.JavaMail.evans@thyme>
Date: Sun, 6 Jan 2002 17:44:28 -0800 (PST)
From: newsletter@rigzone.com
To: scorman@enron.com
Subject: RIGZONE Industry News
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: newsletter@rigzone.com
X-To: scorman@enron.com
X-cc: 
X-bcc: 
X-Folder: \Shelley_Corman_Mar2002\Corman, Shelley\Deleted Items
X-Origin: Corman-S
X-FileName: scorman (Non-Privileged).pst

  <http://www.rigzone.com/images/spacer.gif>	
	Monday
January 7, 2002	 <http://www.natoil.com/> 		
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	 RIGZONE <http://www.rigzone.com/images/email/top_Rigzone.jpg>	  <http://www.rigzone.com/images/email/top_Curve.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/email/top_DailyNews.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	home <http://www.rigzone.com/default.asp> | news <http://www.rigzone.com/news/> | search <http://www.rigzone.com/search/> | maps <http://www.rigzone.com/maps/> | data <http://www.rigzone.com/data/> | jobs <http://www.rigzone.com/jobs/> | market <http://www.rigzone.com/market/> | store <http://www.rigzone.com/store/> 	  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	In This Issue	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	

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

  <http://www.rigzone.com/images/spacer.gif>	

Industry Headlines	  <http://www.rigzone.com/images/email/title_Corner.gif>	
	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
Tanker Recovery In Progress <http://www.rigzone.com/news/article.asp?a_id=2331>
Two salvage vessels are en route to the tanker that ran aground off the Cornish coast.

Jordan and Algeria Improve Exploration Commitment <http://www.rigzone.com/news/article.asp?a_id=2328>
Jordan and Algeria improve relations and strengthen their commitment to jointly explore for oil & gas.

Halliburton Says the Rumors A! re Not True <http://www.rigzone.com/news/article.asp?a_id=2321>
Halliburton says there is no basis for the rumors that the company has filed for bankruptcy.

  <http://www.rigzone.com/images/spacer.gif>	

Exploration	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
Santos to Focus on Western Australia <http://www.rigzone.com/news/article.asp?a_id=2330>
During the first quarter of 2002, Santos is going to focus its exploration efforts on the Carnarvon Basin offshore Western Australia.

PanCanadian Decides Against Fourth Well <http://www.rigzone.com/news/article.asp?a_id=2329>
PanCanadian has decided not to drill a fourth exploratory offshore Nova Scotia this spring.

Apache Makes Egyptian Discovery <http://www.rigzone.com/news/article.asp?a_id=2322>
Apache has made its first wildcat discovery of 2002 in Egypt's Western Desert on the Khalda Concession.

	

Production	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
First Oil Expected from Terra Nova This Month <http://www.rigzone.com/news/article.asp?a_id=2332>
After several delays, Terra Nova is schedules to come on stream at the end of January.

Prosafe Awarded FPSO Work Offshore Nigeria <http://www.rigzone.com/news/article.asp?a_id=2325>
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.

First Gas Flows from Skene Field <http://www.rigzone.com/news/article.asp?a_id=2324>
ExxonMobil turns on the tap in the Skene field located in the UK sector of the North Sea.

Pegasus Awarded Subsea Contract by Talisman <http://www.rigzone.com/news/article.asp?a_id=2323>
Pegasus International has been awarded a subsea engineering design contract on the Kildrummy field in the UK sector of the North Sea.

  <http://www.rigzone.com/images/spacer.gif>	

Company & Financial News	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
Naftex Secures Financing for Brazilian Offshore Exploration <http://www.rigzone.com/news/article.asp?a_id=2327>
Naftex has secured financing for its share of the cost of exploration on Block BS-3 in the Santos Basin offshore Brazil.

Newfield Makes Management Changes <http://www.rigzone.com/news/article.asp?a_id=2326>
Newfield Exploration has made management changes in Australia and Anadarko Basin office locations.

  <http://www.rigzone.com/images/spacer.gif>	


advertisement	
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: 

<http://www.rigzone.com/market/surplus_listing.asp?eq_id=397> 

	

Last 7 Days Top Stories	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	
MMS Approves Use of FPSOs In Gulf of Mexico <http://www.rigzone.com/n! ews/article.asp?a_id=2307>
The U.S. Minerals Management Service has approved the use of FPSO vessels in the central and western portions of the Gulf of Mexico.

Enron Receives Approval to Sell Two Assets <http://www.rigzone.com/news/article.asp?a_id=2291>
On December 28th a judge approved the sale of two of Enron's assets at a value of $310 million.

Marathon Acquires Interests in Equatorial Guinea <http://www.rigzone.com/news/article.asp?a_id=2309>
Marathon has completed its acquisition of CMS Energy's interests in Equatorial Guinea for $993 million.

Nabors Changes Corporate Structure <http://www.rigzone.com/news/article.asp?a_id=2314>
Nabors Industries Board of Directors has approved a plan to reorganize the company and change its place of incorporation from Delaware to Bermuda.

Kvaerne! r Receives Final Approval for Rescue Plan <http://www.rigzone.com/news/article.asp?a_id=2315>
Kvaerner has received approval from the final group of lenders for the rescue plan that would merge Kvaerner and Aker Maritime.

Halliburton Introduces New Perforation Flow Laboratory <http://www.rigzone.com/news/article.asp?a_id=2293>
Halliburton has added its Perforation Flow Laboratory to its PerfPro process to provide detailed instrumentation and controlled-laboratory conditions that can allow insight into physical phenomena occurring in the reservoir during complicated perforating and multi-phase flow events.

FMC Corporation Spins Off FMC Technologies <http://www.rigzone.com/news/article.asp?a_id=2303>
FMC Corporation has distributed all of its remaining shares in FMC Technologies making it a fully independent company.

Marathon Begins Trading on NYSE <http://www.rigzone.com/news/article.asp?a_id=2305>
Marathon Oil Corporation has begun trading on t! he New York Stock Exchange as a standalone company following the separation of Marathon Group and U.S. Steel.

Smedvig's CEO Resigns <http://www.rigzone.com/news/article.asp?a_id=2292>
Christian Bull Eriksson has announced that he will step down as CEO of Smedvig ASA effective immediately.

SMOE Awarded North Sea Platform Contract <http://www.rigzone.com/news/article.asp?a_id=2304>
SembCorp has been awarded a contract by Maersk for the installation of a process deck and accommodation module in the North Sea.

3TEC Energy Completes Merger with Enex Resources <http://www.rigzone.com/news/article.asp?a_id=2313>
3TEC Energy has completed its merger with Enex Resources effective December 31, 2001.

Regent Energy Acquires Bayou Bouillon Gas Field <http://www.rigzone.com/news/article.asp?a_id=2300>
Regent Energy has closed its acquisition of Bayou Bouillon gas fields in Southern Louisiana.
  <http://www.rigzone.com/images/spacer.gif>	

Upcoming Oil & Gas Industry Events	  <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/i! mages/spacer.gif>	
Jan. 22 	Alliances and Partnering in Oil & Gas <http://www.rigzone.com/news/event_detail.asp?event_id=75>	Singapore	
Feb. 7 	Marine Construction 2002 <http://www.rigzone.com/news/event_detail.asp?event_id=166>	Houston	
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	
Feb. 27 	Human Resources in Oil & Gas <http://www.rigzone.com/news/event_detail.asp?event_id=194>	Aberdeen	
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 Exhibitio! n <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	
Oct. 6 	Society of Exploration Geophysicists Annual Meeting <http://www.rigzone.com/news/event_detail.asp?event_id=160>	Salt Lake City	
list your conference <http://www! .rigzone.com/news/post_event.asp?action=INSERT>	view upcoming events <http://www.rigzone.com/news/event_home.asp>	
  <http://www.rigzone.com/images/spacer.gif>	

  <http://www.rigzone.com/images/spacer.gif>	  <http://www.rigzone.com/images/email/title_tab_SponsoredBy.gif>	
  <http://www.rigzone.com/images/spacer.gif>	INTEC <http://www.int! ecengineering.com>
Horizon Offshore <http://www.horizonoffshore.com>
Global Completion Service <http://www.globalcompletion.com>
HoverDril <http://www.hoverdril.com>
DataLog <http://www.wellwizard.com>
	
  <http://www.rigzone.com/images/spacer.gif>	
promote your company <http://www.rigzone.com/advertise/>	

  <http://www.rigzone.com/images/email/title_tab_InStore.gif>	
  <http://www.rigzone.com/images/spacer.gif>	 <http://www.rigzone.com/store/product.asp?p_id=152>
Horizontal Well Technology <http://www.rigzone.com/store/product.asp?p_id=152>	
  <http://www.rigzone.com/images/spacer.gif>	
 <http://www.rigzone.com/store/product.asp?p_id=296>
Contributions in Petroleum Geology and Engineering: Volume 2 - Applied Open-Hole Log Analysis <http://www.rigzone.com/store/product.asp?p_id=296>	
  <http://www.rigzone.com/images/spacer.gif>	
 <http://www.rigzone.com/store/product.asp?p_id=310>
Principles of Ap! plied Reservoir Simulation, 2nd Ed. <http://www.rigzone.com/store/product.asp?p_id=310>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
more products <http://www.rigzone.com/store/>	

 <http://www.energy-prospectus.com/>

  <http://www.rigzone.com/images/email/title_tab_RZMarket.gif>	
  <http://www.rigzone.com/images/spacer.gif>	featured equipment:	
Ideco H-35 DD Drive-in Rig  <http://www.rigzone.com/market/surplus_listing.asp?eq_id=405>	
 <http://www.rigzone.com/market/surplus_listing.asp?eq_id=405>
	
Maritime Hydraulics Iron Roughneck <http://www.rigzone.com/market/surplus_listing.asp?eq_id=213>	
 <http://www.rigzone.com/market/surplus_listing.asp?eq_id=213>
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
more equipment <http://www.rigzone.com/market/>	

  <http://www.rigzone.com/images/email/title_tab_RZCareerCenter.gif>	
  <http://www.rigzone.com/images/spacer.gif>	featured jobs: 	
-	Electrical Engineer <http://www.rigzone.com/jobs/job_posting.asp?p_id=952>	
-	Naval Architect <http://www.rigzone.com/jobs/job_posting.asp?p_id=954>	
-	Offshore Safety Coordinator <http://www.rigzone.com/jobs/job_posting.asp?p_id=925>	
more hot jobs >> <http://www.rigzone.com/jobs/hot_jobs.asp>	
featured candidates: 	
-	Electrical & Instrumentation QA/QC Inspector <http://www.rigzone.com/jobs/resume.asp?r_id=3261>	
-	Wo! rkover/Completion Supervisor <http://www.rigzone.com/jobs/resume.asp?r_id=8701>	
-	Oil Field Electrician <http://www.rigzone.com/jobs/resume.asp?r_id=7469>	
search for candidates >> <http://www.rigzone.com/jobs/search_resume.asp>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	

  <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': 	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)	
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)	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
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>	Light Crude Oil: 	$21.61/BBL 
(6.09%)	
Brent Crude Oil: 	$22.98/BBL 
(11.28%)	
Natural Gas: 	$2.20/MMBtu 
(-2.65%)	
Unleaded Gasoline: 	$0.63/gal 
(10.53%)	
prices from: 	1/4/2002	
change since: 	1/3/2002	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>! 	

  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
Promotional Opportunities
Become a Sponsor, feature your job opening or, advertise your upcoming industry conference. Click here <http://www.rigzone.com/advertise/> for more information, send your press release to info@rigzone.com <mailto:info@rigzone.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 <http://www.rigzone.com/daily_unsubscribe.asp> or by logging in to Rigzone and 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 <http://www.rigzone.com/login.asp?returnURL=/member_register.asp>. 
  <http://www.rigzone.com/images/spacer.gif>	