Magazine - April 2002

Global demand for deepwater exploration is driving up the cost and value of the offshore supply boat sector, where bigger boats with greater tonnages and higher horsepower are needed to... more


FEATURES
Larger boats tackle deeper waters

Workboats serving the oil and gas industry combine larger size and higher horsepower to accomplish more tasks. Oil and gas producers continue to reach for deeper targets farther offshore to keep... more

Keeping the business afloat

Multiclient data has been the seismic industry's savior and its nemesis. Geophysical contractors are working to fix the broken model. Once upon a time, seismic contractors were simple service companies, shooting... more

Marine streamers gain efficiency

A new generation of solid streamers enables the marine seismic industry to operate in conditions that would overwhelm traditional cables. The deployment of solid streamers was long a goal of the... more

Operations illuminating breakthrough

A new system enables contractors to identify coverage gaps during initial acquisition. Thinking outside the box has led Concept Systems, based in Edinburgh, Scotland, to an unexpected breakthrough in seismic survey... more

Subsea systems spending skyrockets

As deepwater operations near the 10,000-ft (3,050-m) level, seafloor equipment manufacturers consider a few design changes. If opinions of those considered savvy about the subsea production systems market are only half... more

The real cost of subsea pigging

Pigging for wax deposition is a good practice, but watch out for hidden downtime costs. Pigging is a good way to manage wax deposition in subsea tiebacks, but with a... more

'Rigless' frac-packs flourish subsea

The ability to restimulate completions without a service rig offers significant cost savings. The capacity to perform remedial stimulation treatments on subsea wells without rig intervention can be attractive from... more

 
INDUSTRY ROUNDUP
Industry Roundup

NORTH AMERICA Conoco and its affiliates added more than 1.2 billion boe, including synthetic crude, to the company's worldwide proved reserves in 2001, replacing 432% of the oil and gas it... more

INFORMATION TECHNOLOGY
Mining data for opportunities

Drillinginfo.com has created a digital scout to keep up with your competitors. Drillinginfo.com, based in Austin, Texas, has users from more than 800 companies of all types and sizes subscribing to... more

MARINE TECHNOLOGY
Refining the floating lift

Need a deck. Heerema Marine Contractors (HMC) has completed design work on a new heavy-lift concept using a float-over technique intended for heavy swell seas in major deepwater regions such as... more

MERGERS & ACQUISITIONS
Mergers & Acquisitions

EUROPE Enterprise Oil raced into rapid restructuring mode after turning down a takeover bid from Italian major ENI. The first offer was about US $3.9 billion (£2.7 billion), but ENI directors... more

OFFSHORE REPORT
Girassol seeds flower for TotalFinaElf

Since Girassol bloomed for TotalFinaElf (TFE) off West Africa at the turn of the year, the operator has revealed plans for another big production barge to tap huge reserves off... more

ON THE MOVE
On the Move

NORTH AMERICA Ronald P. Nowak has joined Fortune Natural Resources Corp. as president and chief operating officer. Tyrone J. Fairbanks has been elevated to chairman and remains chief executive officer. Tim Hearn... more

PROFILES
Opec's Rodriguez: Price stability is key

When Opec Secretary-General Ali Rodriguez talks, people listen - and markets move. There are few high-visibility people in the world whose words can - and often do - move markets. Alan... more

WORLD MAP
North America

1. Ivanhoe Energy Inc., Bakersfield, Calif., provided an update on the Aera Energy LLC No. 1-22 NWLH being drilled in Section 22-25s-20e MD, Kern County, Calif. Aera, the operator, also... more

Gulf of Mexico

1. Unocal Corp. may be the first company to bring a modern floating production, storage and offloading (FPSO) vessel to the Gulf of Mexico. The company is delineating its Trident... more

Europe

1. Pan Canadian has started drilling on its high-temperature, high-pressure Black Horse prospect with the Glomar Grand Banks semisubmersible in Block 15/22 in the Central North Sea. Drilling operations began... more

South America

1. Conoco Inc.'s offshore wildcat south of Barbados was a dry hole. It was the first well drilled off the island, and Conoco is evaluating the information it gathered from... more

Africa

1. Shell Nigeria has confirmed a "significant" discovery in deep water. The well, Bolia-1-X, was drilled in the southeast corner of OPL 219, and it may be more an appraisal... more

Central Asia

1. Subsidiaries of China National petroleum Corp. plan to take a 30% interest in Kyursengli and Garabagli onshore fields about 62 miles (100 km) west of Baku, capital of Azerbaijan,... more

Middle East

1. Canada's Dauntless Petroleum and Britain's Start Petroleum are surveying potential oil and gas resources in northern and southern Jordan. The Canadian company is surveying an estimated 6,564 sq miles (17,000... more

Pacific Rim

1. Energy Development Corp. (EDC), a subsidiary of the Philippine National Oil Co. (PNOC), will increase its drilling budget 150% to US $32.8 million with plans to drill 15 gas... more

EXPLORATION TECHNOLOGY
A new wave in data processing

Pattern recognition technology gets a boost from software that analyzes what's in our heads as well as what's below the ground. When someone touches your finger, your brainwaves reflect the touch.... more

WELL CONSTRUCTION
Big is beautiful

The 36-in. Gladiator bit eliminates the need for multiple-pass bit runs with reamers. To satisfy the growing demand for deeper and more complicated wells, RBI-Gearhart has introduced a premium bit to... more

PRODUCTION OPTIMIZATION
Sonic stimulation: A future wave?

The US Department of Energy (DOE) and industry sponsors have teamed up to put "sonification" to the test. For a long time - more than 50 years, actually - producers have... more

AS I SEE IT
A technological beachhhead

On a cold, blustery Saturday this past March, I was fortunate to stand on the cliffs overlooking the beaches of Normandy, France, where nearly 60 years earlier, more than 300,000... more

MANAGEMENT REPORT
Technology unlocks mature reservoirs

Technology creates value in effective reservoir management. The question of technology is a generic one. When we examine it, we notice that 50 years ago, technology was important but not... more

ACTIVITY SPOTLIGHT
Gulf of Mexico shelf welcomes deep drillstrings

Deep shelf gas play sparks drilling action. The charisma and high-stakes drama in the Gulf of Mexico follows big producers into ever-deeper water, but deep drilling on the shelf still offers... more

THE LAST WORD
Getting your feet wet twice

It's said that all arguments about life date back to the Greek philosophers Parmenides and Heraclitus of the 4th century BC. Simply put, Parmenides believed that things are as they... more



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