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Tuesday
6 January 2009
Make PNN my HomePage
TODAY'S STORIES
SLUGCATCHER
Oil poised for quick pick-up
(Monday, 5 January 2009)
SPEED, by which
Slugcatcher
means the pace at which things happen, and not a drug of dubious repute, has become one of the most interesting aspects of the oil patch, and a pointer to better times ahead.
Full Story...
MORE SLUGCATCHER
Slugcatcher’s
2008
CTL players having trouble lighting up
Slugcatcher’s
2008
VIEW ALL STORIES
PREMIUM FEATURES
Crude ends volatile year under $US40
(Friday, 2 January 2009)
OIL prices closed just under $US40 a barrel on New Year’s Eve, capping a year that saw prices hit record peaks before plummeting to four-year lows in just five months.
Full Story...
MORE PREMIUM FEATURES
Light at the end of the tunnel
The N to Z of exploration
Personnel Movements for the week ending January 2
VIEW ALL STORIES
TECHNICAL & PRODUCT
UV solution for injection water
(Wednesday, 10 December 2008)
ULTRAVIOLET disinfection specialist Hanovia has developed a UV system that the company says will prevent microbial contamination of downhole injection water during oil recovery, reducing the need for traditional disinfection chemicals.
Full Story...
MORE TECHNICAL & PRODUCT
New field-based wireless sensor network system unique: Datacall
Honeywell to secure Pluto
Virtual world recreates offshore environments
VIEW ALL STORIES
DRILLING
JV partners to kick off another Edirne drilling campaign
(Tuesday, 6 January 2009)
JOINT venture partners Incremental Petroleum and Otto Energy expect to start drilling the first well in their development drilling program at the Edirne gas project, in Turkey’s Thrace Basin, tomorrow.
Full Story...
MORE DRILLING
Beach hits another winner at Callawonga
Low oil price slows Incremental’s drilling plans
MEO seeking farm-in partner for Timor Sea projects
VIEW ALL STORIES
PROJECT PROFILES
Santos selects Bechtel for Gladstone FEED
(Monday, 22 December 2008)
SANTOS has appointed Bechtel as the front-end engineering contractor for the downstream components of its planned Gladstone liquefied natural gas project in Queensland.
Full Story...
MORE PROJECT PROFILES
FPSO contractor to pursue compensation from BMG JV
Apache puts Reindeer, Devil Creek on ice, secures funds for Oz oil projects
VIEW ALL STORIES
FINANCE & LEGAL
AGL ups stake in Sydney Gas
(Monday, 5 January 2009)
AGL Energy has increased its stake in takeover target Sydney Gas for the fourth time in as many trading days.
Full Story...
MORE FINANCE & LEGAL
MEO seeking farm-in partner for Timor Sea projects
VIEW ALL STORIES
PRODUCTION
Beach targeting production boost at Cooper field
(Tuesday, 6 January 2009)
BEACH Petroleum is working to increase the handling capacity of the Moomba to Port Bonython liquids pipeline after the company’s success with the recent Callawonga-6 well at the Callawonga oil field in PEL92 of the Cooper Basin.
Full Story...
MORE PRODUCTION
Po Valley signs gas sales deal
Low oil price slows Incremental’s drilling plans
BassGas cranks output back up
VIEW ALL STORIES
MARINE
Mermaid begs off on vessel acquisition
(Monday, 5 January 2009)
MERMAID Marine is taking the cautious route with its decision not to go ahead with buying a new anchor handling tug supply vessel priced at about $US18.2 million ($A25.5 million).
Full Story...
Cooper secures gas prone Otway permit
(Tuesday, 6 January 2009)
COOPER Energy has been awarded an exploration permit for Block C in the onshore Otway Basin, South Australia, that is near to existing gas fields and gas production infrastructure.
Full Story...
Essar to shoot NT 3D seismic
(Tuesday, 6 January 2009)
INDIAN upstream player Essar Exploration and Production is moving quickly to start shooting 3D seismic on its recently awarded NT/P77 in the Bonaparte Basin off the Northern Territory.
Full Story...
Greenearth discovers another hot rocks play
(Tuesday, 6 January 2009)
GREENEARTH Energy says its Seaspray area in GEP13 of the onshore Gippsland region, Victoria, has the potential to host a producing geothermal field with an estimated resource of about 3600 petajoules.
Full Story...
CURRENT FOCUS FEATURES
Safety, Skills & Training
Safety overview at AOG
Joint inquiry launched into Varanus Island
Pepanz kicks off NZ skills plan
Oil and gas training facility pumps out first graduates
i-Tech team wins Chevron safety award
Formal safety management system a priority: NOPSA
AOG to address health and safety issues
URS wins training award for safety program
TODAY'S STORIES CONTINUED
JV partners to kick off another Edirne drilling campaign
(Tuesday, 6 January 2009)
JOINT venture partners Incremental Petroleum and Otto Energy expect to start drilling the first well in their development drilling program at the Edirne gas project, in Turkey’s Thrace Basin, tomorrow.
Full Story...
Beach targeting production boost at Cooper field
(Tuesday, 6 January 2009)
BEACH Petroleum is working to increase the handling capacity of the Moomba to Port Bonython liquids pipeline after the company’s success with the recent Callawonga-6 well at the Callawonga oil field in PEL92 of the Cooper Basin.
Full Story...
Beach hits another winner at Callawonga
(Monday, 5 January 2009)
BEACH Petroleum has continued its string of successes on the Callawonga oil field with the Callawonga-6 well successfully defining the southern flank of the Cooper Basin field.
Full Story...
Mermaid begs off on vessel acquisition
(Monday, 5 January 2009)
MERMAID Marine is taking the cautious route with its decision not to go ahead with buying a new anchor handling tug supply vessel priced at about $US18.2 million ($A25.5 million).
Full Story...
Oil poised for quick pick-up
(Monday, 5 January 2009)
SPEED, by which
Slugcatcher
means the pace at which things happen, and not a drug of dubious repute, has become one of the most interesting aspects of the oil patch, and a pointer to better times ahead.
Full Story...
AGL ups stake in Sydney Gas
(Monday, 5 January 2009)
AGL Energy has increased its stake in takeover target Sydney Gas for the fourth time in as many trading days.
Full Story...
Po Valley signs gas sales deal
(Monday, 5 January 2009)
PO VALLEY has greeted the new year with a gas offtake sales agreement worth 38 million euros ($A77.5 million) for about half of its production from the Sillaro and Castello fields in Italy.
Full Story...
Low oil price slows Incremental’s drilling plans
(Monday, 5 January 2009)
INCREMENTAL Petroleum has deferred drilling two wells in the current drilling campaign at its joint venture Edirne project in Turkey due to low oil prices.
Full Story...
Barnett pushing ahead with LNG hub
(Monday, 5 January 2009)
WESTERN Australia Premier Colin Barnett is forging ahead with the development of a liquefied natural gas hub at James Price Point in the Kimberley region despite opposition from environmental groups.
Full Story...
Golden State charging ahead in Utah
(Monday, 5 January 2009)
PERTH-based Golden State Resources has secured a drilling contract and entered into a $3 million share facility agreement to raise additional drilling funds for the Paradox Basin-2 well at the Golden Eagle oil and gas prospect in Grand County, Utah.
Full Story...
Origin kicks off NZ 3D seismic
(Monday, 5 January 2009)
ORIGIN Energy has started its strategic 3D seismic survey of the potentially huge Carrack-Caravel prospect in New Zealand’s PEP 38262, offshore Canterbury Basin.
Full Story...
MEO seeking farm-in partner for Timor Sea projects
(Friday, 2 January 2009)
MEO Australia plans to begin the farm-out process to attract a new partner for its Timor Sea projects during the second quarter after Resource Development International’s farm-in options lapsed.
Full Story...
Crude ends volatile year under $US40
(Friday, 2 January 2009)
OIL prices closed just under $US40 a barrel on New Year’s Eve, capping a year that saw prices hit record peaks before plummeting to four-year lows in just five months.
Full Story...
Light at the end of the tunnel
Exclusively for Premium Subscribers
(Friday, 2 January 2009)
INCREDIBLY, over the nearly three years in which
StockAnalysis
has been published, the overall stock market has fallen 29% while the materials index has dropped 26%.
BY PETER STRACHAN
Full Story...
Jatropha-powered plane takes flight
(Friday, 2 January 2009)
THE viability of biofuels may have received a boost today after Air New Zealand successfully flew a passenger jet powered partly by oil from the jatropha plant.
Full Story...
The N to Z of exploration
Exclusively for Premium Subscribers
(Friday, 2 January 2009)
Exploration disappointments have not dented assessments of New Zealand’s prospectivity. By NEIL RITCHIE
Full Story...
Eromanga JV continues drilling in Brazil
(Friday, 2 January 2009)
EROMANGA Hydrocarbons and Brazilian partner Gavea have started drilling a second appraisal/production well in Block 330 of the Sergipe-Alagoas Basin, Brazil.
Full Story...
Personnel Movements for the week ending January 2
Exclusively for Premium Subscribers
(Friday, 2 January 2009)
DAVID Bradley, Dougal Ferguson, Salinas; Tony Radford, Neil Tomkinson, Michael Daniel, Joshua Pitt, Pan Pacific Petroleum; John Towner, Sir Michael Bromley, New Guinea Energy.
Full Story...
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SPEED, by which Slugcatcher means the pace at which things happen, and not a drug of dubious repute, has become one of the most interesting aspects of the oil patch, and a pointer to better times ahead.
