-----Original Message-----
From: newsletter@rigzone.com [mailto:newsletter@rigzone.com]
Sent: Monday, March 18, 2002 4:55 PM
To: scorman@enron.com
Subject: RIGZONE Industry News


  <http://www.rigzone.com/images/spacer.gif>	
	Tuesday
March 19, 2002	  <http://www.sgievent.com/upstream/> 		
  <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>	
Russia Extends Cuts Into the Second Quarter <http://www.rigzone.com/news/article.asp?a_id=2861>
Russian oil exports in the second quarter of this year will remain at the same level as the first quarter, Deputy Prime Minister Viktor Khristenko said on Sunday. 

Hugo Chavez Could Order Army to Run PDVSA <http://www.rigzone.com/news/article.asp?a_id=2860>
Venezuelan President Hugo Chavez said on Sunday he would order the armed forces to take over PDVSA if protesting ! executives and employees tried to halt the company's operations through a strike action. 

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

Landmark Graphics Releases SpecDecomp 

Landmark Graphics Corporation has released SpecDecomp(TM), a new, innovative reservoir imaging and interpretation technology solution. SpecDecomp provides greater resolution of reservoir boundaries, heterogeneities and thickness than previously possible with traditional broadband seismic displays. For more information click here <http://www.rigzone.com/news/article.asp?a_id=2805>.


	

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>	
Pemex Makes Dry Gas Discoveries <http:/!/www.rigzone.com/news/article.asp?a_id=2869>
Pemex has discovered three dry gas fields that could boost current reserves by 25%. 

TGS-Nopec Awarded 2D Seismic Contract Offshore Germany <http://www.rigzone.com/news/article.asp?a_id=2866>
TGS-Nopec Geophysical Company announced the start-up of a new non-exclusive 2D seismic survey offshore Germany. 

Norway Receives Bids from 13 Oil Companies for 17th Round Licensing <http://www.rigzone.com/news/article.asp?a_id=2865>
The Ministry of Petroleum and Energy has received applications from 13 oil companies for the 17th Licensing Round on the Norwegian Continental Shelf. 

Statoil Bids For Deepwater Acreage in 17th Round <http://www.rigzone.com/news/article.asp?a_id=2864>
Statoil has only applied for deepwater blocks in Norway's 17th Offshore Licencing Round. 

K! err-McGee Scores with Navajo  <http://www.rigzone.com/news/article.asp?a_id=2857>
Kerr-McGee Corp. announced three oil and gas discoveries on separate fault blocks at the Navajo field in its core East Breaks area of the deepwater Gulf of Mexico. 

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

Production	   <http://www.rigzone.com/images/email/title_Corner.gif>	
  <http://www.rigzone.com/images/spacer.gif>		   <http://www.rigzone.com/images/spacer.gif>	
Murphy Awards Front Runner Contract <http://www.rigzone.com/news/article.asp?a_id=2868>
Murphy has awarded a contract to J. Ray McDermott to construct a Floating Production System for the Front Runner Project. 

Iran To Award South Pars Project Shortly <http://www.rigzone.com/news/article.asp?a_id=2867>
National Iranian Oil Company said on Monday it will award a deal to develop phases 9 and 10 of its South Pars gas field by the second week of April. 

Statoil Announces First Light Crude from Sincor <http://www.rigzone.com/news/article.asp?a_id=2862>
An upgrading plant at Jose i! n Venezuela has begun producing low-sulphur light crude from the Sincor project. 

  <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>	
Gulf of Mexico Brings Down GlobalSantaFe's SCORE <http://www.rigzone.com/news/article.asp?a_id=2870>
GlobalSantaFe reported that the company's worldwide SCORE for February 2002 was down from the previous month's SCORE. 

Statoil Completes Sale of Varg Stake <http://www.rigzone.com/news/article.asp?a_id=2863>
The 28 percent interest held by Statoil in the Varg field in the Norwegian North Sea has been sold to Petroleum Geo-Services. 

Halliburton Awarded Dolphin Pipeline Contract <http://www.rigzone.com/news/article.asp?a_id=2859>
Halliburton Brown & Root Limited has been awarded a $3 million contract from Dolphin Energy Limited to carry out the midstream FEED work for the Dolphin Projec! t. 

Santos To Acquire Esenjay Exploration <http://www.rigzone.com/news/article.asp?a_id=2858>
Santos and Esenjay Exploration have entered into a definitive merger agreement. 

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

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>	
Aker Kvaerner Launches New Company <http://www.rigzone.com/news/article.asp?a_id=2806>
Today, Kvaerner launched a new company to be known as 'Aker Kvaerner' which will supply products, services, technology and solutions to the global oil and gas industry. 

Rowan Gorilla V Contract Dispute is Resolved <http://www.rigzone.com/news/article.asp?a_id=2844>
Rowan Companies, Inc. reported that an agreement has been reached to resolve a dispute over the Rowan Gorilla V contract. 

Newfield Hits in Gulf of Mexico <http://www.rigzone.com/news/article.asp?a_id=2803>
Newfield has m! ade two discoveries in the Gulf of Mexico and expects production from these discoveries to commence by the end of this year. 

Tartan Commences 170 Well Drilling Program in California <http://www.rigzone.com/news/article.asp?a_id=2826>
Tartan Energy Inc. announces a 170 development well, shallow reserve drilling program to commence in April 2002. 

Kerr-McGee Increases 2002 Budget by 15% <http://www.rigzone.com/news/article.asp?a_id=2850>
Kerr-McGee Corp. has increased its capital budget for exploration and production development projects by 15%, or $120 million, to approximately $900 million. 

BHP Awards Contract for Angostura Development <http://www.rigzone.com/news/article.asp?a_id=2816>
BHP awards CSO Aker Engineering the FEED contract for development of its Angostura project offshore Trinidad. 

TotalFinaElf Acquires Block 34 in Oman <http://www.rigzone.com/news/article.asp?a_id=2830>TotalFinaElf has signed an Exploration and Production Sharing Agreement with the Oman Ministry of Petroleum, taking a 100% interest as operator in Block 34. 

Ensco 7500 Will Experience Downtime During 1Q 2002 <http://www.rigzone.com/news/article.asp?a_id=2814>
The semisub, Ensco 7500, will spend approximately 30 days in the shipyard during the 1st quarter of 2002 for repairs to her hull. 

In-Depth Systems Successfully Uses RFID Technology for Marathon Well <http://www.rigzone.com/news/article.asp?a_id=2824>
In-Depth Systems, Inc. has successfully proven its RFID technology for firing the perforation guns to complete a Marathon well in Alaska. 

Chiles Discovery Christened in Singapore  <http://www.rigzone.com/news/article.asp?a_id=2810>
The Chiles Offshore new-build jackup, Chiles Discovery was christened at the Keppel FELS shipyard in Singapore this past weekend. 

Occidental To Invest in Pakistan's Oil Sector <http://www.rigzone.com/news!/article.asp?a_id=2841>
Occidental Petroleum Corp. will invest $150 million in Pakistan's petroleum sector. 

Agip to Begin Exploration of Second Block in the Caspian Sea <http://www.rigzone.com/news/article.asp?a_id=2845>
An Agip-led consortium led said it would begin exploratory drilling of another offshore block in the Caspian Sea. 

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

The SGI Energy Summit 2002 - Visualizing the Future
 <http://www.sgievent.com/upstream/> Hear what leaders of top corporations, crucial software providers, and key policy makers have to say about the impact of advanced technology on the future of our industry. This summit promises to fish for all the critical answers to this industry's future success. To learn more, click here! <http://www.sgievent.com/upstream/>	

	

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/images/spacer.gif>	
Mar. 20 	LNG North America <http://www.rigzone.com/news/event_detail.asp?event_id=201>	 Houston	
Apr. 2 	e-Business in the E&P Industry - Targeting the Value <http://www.rigzone.com/news/event_detail.asp?event_id=228>	 Houston	
Apr. 7 	CORROSION/2002 <http://www.rigzone.com/news/event_detail.asp?event_id=254>	 Denver	
Apr. 8 	Weatherman's Classic Charity Golf Tournament <http://www.rigzone.com/news/event_detail.asp?event_id=273> Houston	
Apr. 9 	2002 SPE/ICoTA Coiled Tubing Conference and Exhibition <http://www.rigzone.com/news/event_detail.asp?event_id=41>	 Houston	
May. 1 	Nigeria Oil & Gas 2002 <http://www.rigzone.com/news/event_detail.asp?event_id=256>	 London	
May. 6 	Offshore Technology Conference 2002 <http://www.rigzone.com/news/event_detail.asp?event_id=31>	 Houston	
May. 13 	Introduction to the Petroleum Industry <http://www.rigzone.com/news/event_detail.asp?event_id=262>	 Houston	
May. 21 	Oil and Gas in the Gulf of Guinea <http://www.rigzone.com/news/event_detail.asp?event_id=263>	 London	
Jun. 23 	Ocean Mechanics and Arctic Engineering 2002 <http://www.rigzone.com/news/event_detail.asp?event_id=219>	 Oslo	
list your conference <http://www.rigzone.com/news/post_event.asp?action=INSE!RT>	 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>	Click here to go to Baker Hughes <http://www.bakerhughes.com/> 
AADE <http://www.aadehouston.net/> 
Horizon Offshore <http://www.horizonoffshore.com> 
HoverDril <http://www.hoverdril.com>
  <http://www.rigzone.com/images/spacer.gif>	
  <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=234>
Static Electricity Hazards and Prevention Series <http://www.rigzone.com/store/product.asp?p_id=234>	
  <http://www.rigzone.com/images/spacer.gif>	
 <http://www.rigzone.com/store/product.asp?p_id=68>
Dredgers of the World CD-ROM <http://www.rigzone.com/store/product.asp?p_id=68>	
  <http://www.rigzone.com/images/spacer.gif>	
 <http://www.rigzone.com/store/product.asp?p_id=70>
Mobile Drilling Units of the World CD-ROM <http://www.rigzone.com/store/product.asp?p_id=70>	
  <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.iotcnet.org/> 

  <http://www.rigzone.com/images/email/title_tab_RZMarket.gif>	
  <http://www.rigzone.com/images/spacer.gif>	featured equipment:	
Cabot 250 Workover and Drilling Rig  <http://www.rigzone.com/market/surplus_listing.asp?eq_id=401>	
 <http://www.rigzone.com/market/surplus_listing.asp?eq_id=401> 
	
4 1/2-inch 19.2 Lbs Pipe <http://www.rigzone.com/market/surplus_listing.asp?eq_id=438>	
 <http://www.rigzone.com/market/surplus_listing.asp?eq_id=438>
  <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: 	
-	 Safety & Regulatory Compliance Specialist <http://www.rigzone.com/jobs/job_posting.asp?p_id=574>	
-	 Manager-Preventive Maintenance Stand! ards <http://www.rigzone.com/jobs/job_posting.asp?p_id=1109>	
-	 Project Manager <http://www.rigzone.com/jobs/job_posting.asp?p_id=1112>	
more hot jobs >> <http://www.rigzone.com/jobs/hot_jobs.asp>	
featured candidates: 	
-	 Senior Electrical Experienced Drilling Supervisor <http://www.rigzone.com/jobs/resume.asp?r_id=11558>	
-	 Contract Admin., International Experience <http://www.rigzone.com/jobs/resume.asp?r_id=11551>	
-	 Deepwater Drilling & Well Intervention Technology <http://www.rigzone.com/jobs/resume.asp?r_id=11507>	
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! ': 	57.1%	 (8/14)	
+5000': 	96.0%	 (24/25)	
Semisubs:	
2nd Gen: 	66.7%	 (48/72)	
3rd Gen: 	82.0%	 (41/50)	
4th Gen: 	94.7%	 (36/38)	
5th Gen: 	85.7%	 (6/7)	
Jackups:	
To 200': 	56.1%	 (37/66)	
200' MC: 	45.8%	 (11/24)	
200' MS: 	19.0%	 (4/21)	
300' IC: 	89.6%	 (86/96)	
+300' IC: 	94.4%	 (51/54)	
Severe Env.: 	85.7%	 (18/21)	
  <http://www.rigzone.com/images/spacer.gif>	
  <http://www.rigzone.com/images/spacer.gif>	
view complete utilization report <http://www.rigzone.com/data/util!ization_trends.asp>	

  <http://www.rigzone.com/images/email/title_tab_OilPrices.gif>	
  <http://www.rigzone.com/images/spacer.gif>	Light Crude Oil: 	$25.06/BBL 
(2.24%)	
Brent Crude Oil: 	$25.07/BBL 
(2.12%)	
Natural Gas: 	$3.26/MMBtu 
(6.19%)	
Unleaded Gasoline: 	$0.83/gal 
(2.47%)	
prices from: 	3/18/2002	
change since: 	3/15/2002	
  <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>