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	Thursday March 21, 2002	[IMAGE]   			
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[IMAGE]		      [IMAGE] [IMAGE]      In This Issue [IMAGE]      [IMAGE]     [IMAGE]    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    [IMAGE]   [IMAGE]       Industry Headlines [IMAGE]      [IMAGE]       Results Are In For GOM Lease Sale 182  The MMS Gulf of Mexico Lease Sale 182 attracted $363,210,467 in high bids from 77 companies.    [IMAGE]   [IMAGE]    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 .          Exploration [IMAGE]      [IMAGE]     [IMAGE]  Unocal Adds to GOM Acreage  Unocal was apparent high bidder for interests in 18 blocks in the Central Gulf of Mexico OCS Lease Sale No. 182.  Spinnaker Higher Bidder of 40 GOM Blocks  Spinnaker participated in a total of 56 bid submissions, second most by industry fo! r OCS Sale #182.  Devon Higher Bidder of Four GOM Blocks  Devon Energy Corporation was the apparent high bidder on four shallow water blocks in today's Central Gulf of Mexico Lease Sale 182.  ChevronTexaco Awarded Block Offshore Cambodia  ChevronTexaco together with Mitsui has won an exploration license offshore Cambodia.    [IMAGE]   [IMAGE]       Production [IMAGE]      [IMAGE]     [IMAGE]  Oman Invites Bids for Gas Expansion Project  Oman is planning a $150 million expansion of an upstream gas plant due to rapidly growing demand for LNG.  ExxonMobil To Develop Bintang Field  ExxonMobil announced plans to develop the Bintan! g field in the South China Sea to help meet growing gas demand in Malaysia.    [IMAGE]   [IMAGE]       Company & Financial News [IMAGE]      [IMAGE]     [IMAGE]  Noble Drilling Purchases Two Semisubmersibles  Noble Drilling has agreed to purchase two semisubmersible drilling rigs, the Transocean 96 and Transocean 97 for $31 million in cash.  Conoco Acquires Additional Interests Offshore Norway  Conoco will acquire an additional 6-percent interest in the Heidrun field and an additional 15-percent interest in the Njord field.    [IMAGE]   [IMAGE]       Last 7 Days Top Stories [IMAGE]      [IMAGE]     [IMAGE]  Murphy Awards Front Runner Contract !  Murphy  has awarded a contract to J. Ray McDermott to construct a Floating Production System for the Front Runner Project.  Halliburton May Divide Into Separate Business Units  Halliburton Co. may separate into two independent subsidiaries by midyear.  Hugo Chavez Could Order Army to Run PDVSA  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.  Rowan Gorilla V Contract Dispute is Resolved  Rowan Companies, Inc. reported that an agreement has been reached to resolve a dispute over the Rowan Gorilla V contract.  Tartan Commences 170 Well D! rilling Program in California  Tartan Energy Inc. announces a 170 development well, shallow reserve drilling program to commence in April 2002.  Kerr-McGee Increases 2002 Budget by 15%  Kerr-McGee Corp. has increased its capital budget for exploration and production development projects by 15%, or $120 million, to approximately $900 million.  Santos To Acquire Esenjay Exploration  Santos and Esenjay Exploration have entered into a definitive merger agreement.  Kerr-McGee Scores with Navajo   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.  In-Depth Systems Successfully U! ses RFID Technology for Marathon Well  In-Depth Systems, Inc. has successfully proven its RFID technology for firing the perforation guns to complete a Marathon well in Alaska.  TotalFinaElf Acquires Block 34 in Oman  TotalFinaElf has signed an Exploration and Production Sharing Agreement with the Oman Ministry of Petroleum, taking a 100% interest as operator in Block 34.  Brazil To Fund New Exploration Research  ANP has over $430 million designated for research in Brazil, including the gathering of geological data and seismic prospecting which is normally handled by Petrobras.  PanCanadian and AEC Get Green Light  AEC and PanCanadian announced that the waiting period under the Hart-Scott-Rodino Antitrust Act ended on March 18, 2002, without inqui! ry by the U.S. Federal Trade Commission or the U.S. Department of Justice.    [IMAGE]   [IMAGE]   The SGI Energy Summit 2002 - Visualizing the Future [IMAGE] 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!           Upcoming Oil & Gas Industry Events [IMAGE]      [IMAGE]     [IMAGE]  Apr. 2     e-Business in the E?Industry - Targeting the Value  Houston Apr. 7     CORROSION/2002  Denver Apr. 8     Weatherman's Classic Charity Golf Tournament  Houston Apr. 9     2002 SPE/ICoTA Coiled Tubing Conference and Exhibition  Houston May. 1     Nigeria Oil & Gas 2002  London May. 6     Offshore Technology Conference 2002  Houston May. 13    Introduction to the Petroleum Industry  Houston May. 21    Oil and Gas in the Gulf of Guinea  London Jun. 23    Ocean Mechanics and Arctic Engineering 2002  Oslo Aug. 27    ONS 2002 Conference and Exhibition  Stavanger  list your conference  view upcoming events   [IMAGE]   [IMAGE]    [IMAGE]    [IMAGE] [IMAGE]  Click here to go to Baker Hughes  AADE  Horizon Offshore  HoverDril   [IMAGE]   [IMAGE]   promote your company      [IMAGE] [IMAGE]  [IMAGE]  Power Play: Who's In Control of the Energy Revolution  [IMAGE] [IMAGE]  D & D Standard Oil Abbreviator, 5th Edition  [IMAGE] [IMAGE]  Ship Construction Sketches and Notes 2nd Ed.  [IMAGE]  [IMAGE]   [IMAGE]   more products   [IMAGE]      [IMAGE] [IMAGE]  featured equipment: Ambar Marine 26' Fast Rescue Boats  [IMAGE]     4 1/2-inch 19.2 Lbs Pipe   [IMAGE]    [IMAGE]   [IMAGE]   more equipment      [IMAGE] [IMAGE]   featured jobs:  - Manager- Crude Oil Supply  - Senior Project Engineer  - Senior Procurement Manager   more hot jobs >>   featured candidates:  - Finance Manager  - Production Superintendent  - Senior Electronics Technician   search for candidates >>  [IMAGE]   [IMAGE]     [IMAGE] [IMAGE]   Drillships:  To 5000':   57.1% (8/14) +5000':   96.0% (24/25)  Semisubs:  2nd Gen:   63.9% (46/72) 3rd Gen:   86.0% (43/50) 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.:   81.0% (17/21)  [IMAGE]   [IMAGE]   view complete uti! lization report      [IMAGE] [IMAGE]  Light Crude Oil:  $24.90/BBL  (-0.24%)   Brent Crude Oil:  $24.66/BBL  (-1.00%)   Natural Gas:  $3.08/MMBtu  (-4.05%) Unleaded Gasoline:  $0.81/gal  (-3.57%) prices from:  3/20/2002   change since:  3/19/2002    [IMAGE]   [IMAGE]    [IMAGE] 	[IMAGE]		
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