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	Monday
March 11, 2002	 <http://www.sgievent.com/upstream/> 		
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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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Industry Headlines	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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PDVSA Employees Hold Four-Hour Work Stoppage on Friday <http://www.rigzone.com/news/article.asp?a_id=2798>
Executives, managers and administrative personnel at PDVSA are striking for four hours on Friday.

Mexico Stands By Production Cut Agreement <http://www.rigzone.com/news/article.asp?a_id=2795>
Mexico's energy ministry said it would continue its 100,000-barrel-per-day crude export cuts until June.

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Mobile MapWorks Plus 

Logica announces the release of its map-based field solutions offering, Mobile MapWorks Plus. This map-based field solution suite provides an innovative approach to mobile computing that addresses the many field requirements of energy and utility companies. For more information click here <http://www.rigzone.com/news/article.asp?a_id=2738>. 

	

Exploration	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Indian Government Could Decide Operatorship Dispute <http://www.rigzone.com/news/article.asp?a_id=2801>
India's Minister for Petroleum and Natural Gas will facilitate an agreement between ONGC and BG Gro! up if talks between the companies fail to decide who will be operator of the Panna-Mukta and Tapti offshore fields.

HyperDynamics Inks Seismic Deal for Offshore Republic of Guinea  <http://www.rigzone.com/news/article.asp?a_id=2800>
SCS Corporation has entered an agreement with U.S. Oil Corporation to obtain exclusive rights to explore and market the results for the offshore area of the Republic of Guinea, West Africa.

Trinidad & Tobago Government Wants to Increase Royalties <http://www.rigzone.com/news/article.asp?a_id=2799>
The Trinidad and Tobago government wants to renegotiate an increase in gas royalties with BP which would dramatically increase state revenues.

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Production	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Gas Sales Begin from Ladyfern <http://www.rigzone.com/news/article.asp?a_id=2797>
Canadian Natural Resources Li! mited announces that the construction and commissioning of the Ladyfern Sales natural gas pipeline has been completed.

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Company & Financial News	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Noble Affiliates Elects New Board Member <http://www.rigzone.com/news/article.asp?a_id=2802>
The Board of Directors of Noble Affiliates, Inc. announced the election of Bruce A. Smith to its board.

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Resume of Marc Babineaux 

Mr. Marc Babineaux is available for assignment as a full-time, perm! anent employee or on a contract basis. Mr. Babineaux is a deepwater driling consultant with 20 years experience. He has most recently worked in the Gulf of Mexico on exploration projects in 3,500 to 7,700 feet of water. Click here <http://www.rigzone.com/jobs/resume.asp?r_id=10548> to view a complete copy of his resume or call 1-337-367-1100 to arrange for an interview. 

	

Last 7 Days Top Stories	  <http://www.rigzone.com/images/email/title_Corner.gif>	
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Parker Drilling Awarded Sakhalin Drilling Project <http://www.rigzone.com/news/article.asp?a_id=2785>
Parker Drilling Company has been awarded new contracts to build and operate a rig to drill extended reach wells to offshore targets from a land-based location on Sakhalin Island, Russia.

Halliburton Performs First Downhole Well Testing Using ATS <http://www.rigzone.com/news/article.asp?a_id=2752>
Halliburton Energy Services has performed its first data acquisition project using the Acoustic Telemetry ! System (ATS(TM)) for Gaz de France, off the coast of the Netherlands.

Weatherford and Shell Accelerate Expandable Technology Development <http://www.rigzone.com/news/article.asp?a_id=2759>
Weatherford's Completion Systems division has obtained a worldwide license to Shell's expandable technology.

TotalFina Elf Shuts In Wells Due to Gas Blowout <http://www.rigzone.com/news/article.asp?a_id=2757>
TotalFinaElf has begun efforts to stop the flow of natural gas and regain control of a well which erupted Friday afternoon during drilling operations in East Kalimantan.

Technip Wins Saudi Expansion Project <http://www.rigzone.com/news/article.asp?a_id=2764>
Technip-Coflexip has been awarded, by Saudi Arabian Oil Company, a major lump sum turnkey contract for the expansion of the Berri gas plant.

Talisman Hits Offshore Trinidad <http://www.rigzone.com/news/article.asp?a_id=2786>
Talisman En! ergy Inc. has announced its Kairi-2 appraisal well in Trinidad has tested oil.

PDVSA Employees Increase Protests <http://www.rigzone.com/news/article.asp?a_id=2793>
Dissident employees of PDVSA decided to intensify their campaign in protest of recnet senior management changes.

ONGC is Looking for Deepwater Partners <http://www.rigzone.com/news/article.asp?a_id=2766>
ONGC is actively searching for joint venture partners to develop deepwater exploration blocks offshore India's east and west coasts. 

FMC Awarded $16 Million Brazilian Subsea Contract <http://www.rigzone.com/news/article.asp?a_id=2756>
FMC Energy Systems business has been awarded contracts valued at $16 million to supply subsea production solutions for Petrobras and Halliburton KBR offshore Brazil.

PanCandian Files Deep Panuke Regulatory Applications <http://www.rigzone.com/news/article.asp?a_id=2749>
PanCanadian Energ! y filed regulatory applications for development of the Deep Panuke natural gas project offshore Nova Scotia.

ExxonMobil Exits Turkmenistan <http://www.rigzone.com/news/article.asp?a_id=2750>
ExxonMobil Corp. will shut down its operations in Turkmenistan after disappointing test wells.

UK Gets Tough On Oil Companies <http://www.rigzone.com/news/article.asp?a_id=2769>
The United Kingdom set tough new investment rules for North Sea licenses this week.

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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>	
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Mar. 10 	AAPG Annual Meeting <http://www.rigzone.com/news/event_detail.asp?event_id=21>	Houston	
Mar. 17 	Oil Field Chemistry Symposium - 13th International <http://www.rigzone.com/news/event_detail.asp?event_id=224>	Geilo	
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. 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. 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 co! nference <http://www.rigzone.com/news/post_event.asp?action=INSERT>	view upcoming events <http://www.rigzone.com/news/event_home.asp>	
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  <http://www.rigzone.com/images/spacer.gif>	featured equipment:	
National 110 M <http://www.rigzone.com/market/surplus_listing.asp?eq_id=432>	
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Ambar Marine 26' Fast Rescue Boats <http://www.rigzone.com/market/surplus_listing.asp?eq_id=419>	
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  <http://www.rigzone.com/images/spacer.gif>	featured jobs: 	
-	Site representative / Quality Assurance <http://www.rigzone.com/jobs/job_posting.asp?p_id=1091>	
-	Seismic Processing Specialist <http://www.rigzone.com/jobs/job_posting.asp?p_id=1095>	
-	Senior Contracts Administrator <http://www.rigzone.com/jobs/job_posting.asp?p_id=706>	
more hot jobs >> <http://www.rigzone.com/jobs/hot_jobs.asp>	
featured candidates: 	
-	Commissioning & Project Managment <http://www.rigzone.com/jobs/resume.asp?r_id=11312>	
-	Experienced and Pro-active Safety Professional <http://www.rigzone.com/jobs/resume.asp?r_id=11306>	
-	Deepwater Driller- Team Player Domestic - overseas <http://www.rigzone.com/jobs/resume.asp?r_id=11321>	
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': 	! 57.1%	(8/14)	
+5000': 	96.0%	(24/25)	
Semisubs:	
2nd Gen: 	69.4%	(50/72)	
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: 	41.7%	(10/24)	
200' MS: 	14.3%	(3/21)	
300' IC: 	89.6%	(86/96)	
+300' IC: 	94.4%	(51/54)	
Severe Env.: 	85.7%	(18/21)	
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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>	Light Crude Oil: 	$23.84/BBL 
(0.46%)	
Brent Crude Oil: 	$23.33/BBL 
(0.13%)	
Natural Gas: 	$2.80/MMBtu 
(0.00%)	
Unleaded Gasoline: 	$0.77/gal 
(1.32%)	
prices from: 	3/8/2002	
change since: 	3/7/2002	
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