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	Friday January 11, 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]       Anderson Employees Destroy Enron Documents  Andersen reports that individuals in the firm have disposed of a significant number of electronic and paper documents and correspondence relating to the Enron account  Delta Petroleum Files Lawsuit Against U.S. Government  Delta Petroleum and several other companies have filed a lawsuit against the U.S. Government alleg! ing that the government has materially breached their leases located offshore California.  Norwegian Pilots Reject Latest CHC Offer  The Norwegian Airline Pilots Association has rejected the latest offer by CHC and have made a decision to begin limited work action.    [IMAGE]   [IMAGE]       Exploration [IMAGE]      [IMAGE]       Abraxas Spuds Ladyfern Well  Abraxas spuds first well of a planned six-well program on its Ladyfern prospect in British Columbia, Cananda.  Ecuador Calls Ninth International Bidding Round  Petroecuador will have eight blocks available in its ninth bidding round.  Four are located offshore and four are located in the Amazon Basin.    [IMAGE]   [IMAGE]       Production [IMAGE]      [IMAGE]     [IMAGE]  Petrobras Sets Production Record  Petrobras set a monthly production record in December, averaging 1.5 million barrels a day.  BP 4Q Production Increases  BP reported that its total 2001 reported production is projected to increase by around 5.5% compared with 2000.    [IMAGE]   [IMAGE]       Company & Financial News [IMAGE]    [IMAGE]   [IMAGE]  Shell Marine Donates to GOM Conservation Project  Shell and the National Fish and Wildlife Foundation have awarded $1.2 million to six Gulf Coast wildlife conservation and research programs.    [IMAGE] [IMAGE]  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 [IMAGE]      [IMAGE]     [IMAGE]  Halliburton Says the Rumors Are Not True  Halliburton says there is no basis for the rumors that the company has filed for bankruptcy.  BP Scales Back Alaskan Operations  BP has decided to downsize its staff in Anchorage and shelve its Liberty project at this time.  PetroChina and Shell Sign Gas Pipeline Deal  PetroChina and Shell have entered into a preliminary agreement for an $18 billion East/West China pipeline project.  Nabors Changes Corporate Structure  Nabors Industries Board of Directors has approved a plan to reorganize the company and change its place of incorporation from Delaware to Bermuda.  Marathon Acquires Interests in Equatorial Guinea  Marathon has completed its acquisition of CMS Energy's interests in Equatorial Guinea for $993 million.  Kvaerner Receives Final Approval for Rescue Plan  Kvaerner has received approval from the final group of lenders for the rescue plan that would merge Kvaerner and Aker Maritime.  Prosafe Awarded FPSO Work Offshore Nigeria  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.  Houston Exploration Completes Acquisition  Houston Exploration finalizes South Texas property acquisition from Conoco for $69 million.  Torch Offshore Purchases Construction Vessel   Torch Offshore has purchased a 520-foot ves! sel which it intends to convert to a DP-2 offshore construction vessel and rename the Midnight Express.  Newfield Makes Management Changes  Newfield Exploration has made management changes in Australia and Anadarko Basin office locations.  Unocal Increases Production Offshore Thailand  Unocal Thailand has plans to double the crude output in the Gulf of Thailand this year as part of a six-year development plan.  Kerr-McGee Announces 2002 Capital Budget  Kerr-McGee to allocate $310 million of its 2002 exploration and production budget for the North Sea.    [IMAGE]   [IMAGE]       Upcoming Oil & Gas Industry Events [IMAGE]   [IMAGE]  [IMAGE]  Jan. 22    Alliances and Partnering in Oil & Gas   Singapore Feb. 6     Torch Mid-Winter Energy Conference  New York Feb. 7     Marine Construction 2002  Houston Feb. 10    2002 SPE International Petroleum Conference & Exhibition in Mexico  Villahermosa Feb. 26    2002 IADC/SPE Drilling Conference and Exhibition   Dallas Feb. 27    Human Resources in Oil & Gas  Aberdeen Mar. 10    AAPG Annual Meeting  Houston Mar. 20    LNG North America  Houston Apr. 9     2002 SPE/ICoTA Coiled Tubing Conference and Exhibition  Houston May. 6     Offshore Technology Conference 2002  Houston  list your conference  view upcoming events  [IMAGE] [IMAGE]    [IMAGE]    [IMAGE] [IMAGE]  Horizon Offshore  Global Completion Service  HoverDril  DataLog  Baker Hughes   [IMAGE]   [IMAGE]!    promote your company      [IMAGE] [IMAGE]  [IMAGE]  Emergency Helicopter Abandonment  [IMAGE] [IMAGE]  Offshore Helicopter Operations  [IMAGE] [IMAGE]  Introduction to Offshore Safety and Survival, 2nd Ed.  [IMAGE]  [IMAGE]   [IMAGE]   more products      [IMAGE]  [IMAGE]  featured equipment: Wartsila Generator Sets  [IMAGE]   Cabot 250 Workover and Drilling Rig   [IMAGE]   [IMAGE]    [IMAGE]    more equipment      [IMAGE] [IMAGE]   featured jobs:  - Structural Engineer  - Wellhead-Christmas Tree Specialist  - Piping Designer  more hot jobs >>   featured candidates:  - Commissioning Supervisor  - Lead Production Operator  - Senior Planner & Scheduler   search for candidates >>   [IMAGE]   [IMAGE]     [IMAGE] [IMAGE]   Drillships:  To 5000':   50.0% (7/14) +5000':   100.0% (25/25)  Semisubs:  2nd Gen:   68.5% (50/73) 3rd Gen:   84.0% (42/50) 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)  [IMAGE]   [IMAGE]   view complete utilization report      [IMAGE] [IMAGE]  Light Crude Oil:  $20.46/BBL  (0.69%) Brent Crude Oil:  $21.28/BBL  (2.06%) Natural Gas:  $2.22/MMBtu  (-1.33%) Unleaded Gasoline:  $0.59/gal  (1.72%) prices from:  1/10/2002 change since:  1/9/2002  [IMAGE]   [IMAGE]    [IMAGE]  [IMAGE]    [IMAGE]       Promotional Opportunities Become a Sponsor, feature your job opening or, advertise your  upcoming industry conference.  Click here  for more information, send your press release to  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  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 .       [IMAGE]