Subject: New Oil and Gas Projects for June ‘06
New oil and gas projects are reported monthly in Thermal/Catalytic World Markets http://www.mcilvainecompany.com/air.html#N007 subscribers. Here are the project titles for the month of June ‘06.
Oil and Gas Updates
June 2006
INDUSTRY ANALYSIS
OVERVIEW
Oil, Gas Supply Risks Spread Worldwide
1. AMERICAS
U.S.
Hess to Sell almost all Gulf Coast Oil, Gas Assets
Delta Oil & Gas Ten Well Drilling Program to Commence in Palmetto Point, Mississippi
Statoil Says Gas Found in Deepwater Gulf of Mexico Block
New Mexico Firm Benefits from Higher Oil Prices, Demand for Rigs
Cuba Seeks to Drill near Florida Keys
New Fayetteville Shale Study Projects Economic Impact for the State of Arkansas Through 2008
Southwestern Investing nearly $48.9 Million in the Fayetteville Shale Play Deals Keep Cash Flowing into Arkansas
Energy /Oil & Gas Companies Acquire Mineral Rights in the Fayetteville Shale
Wyoming Oil and Gas Drilling Hits 21-year High
In 1 of 4 Refineries in Mississippi Gas Tops in Oil
Signal International saves Global Santa Fe Millions by Using Unorthodox Procedure to Repair Hurricane Damaged Oil Rig
Dominion Begins Deepwater Production from Two Fields
Patriot Mechanical Handling, Inc. Joins Alliance within SourceOne Drilling Systems
National Oilwell Varco Announces Introduction of Rapid Rig(TM)
Congress Proposes Natural Gas Drilling Off Nation's Coasts
US House Votes to Keep Offshore Oil, Natural Gas Drilling Ban
Fayetteville Shale could Double State's Natural Gas Stockpile by 2010 and Generate $5.5 Billion
New Century Subsidiary Spends $33M to Acquire Oil, Gas Properties
Number of Oil, Gas Permits in Utah Soars
CANADA
Alberta Guards against Attacks on Oil and Gas
Jacobs Receives Contract from Northern Lights Partnership
BOLIVA
Repsol Agrees to Work with Bolivia after Oil, Gas Fields Seized
Bolivia's Morales Orders Soldiers to Leave Oil and Gas Fields
YPFB, Franklin Oil & Gas Confirm MOU to Build Bolivia's First G-T-L Processing Plant
ECUADOR
Ecuador Declares Occidental's Oil Contract "Expired"
PERU
Radial Energy Announces $900,000 Agreement in Peruvian Oil Project
Venezuela, Bolivia to Cooperate on Fuel
Bolivia Oil and Gas Field Seizures won't Impact Repsol-Irving Oil LNG Terminal
VENEZUELA
Venezuela, China Sign Joint Oil Venture to Build Oil Rigs
2. ASIA
AUSTRALIA
Shell, Chevron Step Up Australia Gas Drilling as Oil Finds Dwindle
CHINA
Offshore South China Sea Gas Field could See Output Increase to 2.78 Billion Cubic Meters
INDIA
India's ONGC, Halliburton in Pact to Redevelop Assam Oil and Gas Fields
NEW ZEALAND
Major Oil and Gas Search near New Zealand’s Southland
PAKISTAN
Pakistan Seeks Foreign Investment in Oil, Gas Sector
Pakistan’s Jadoon Invites Canada’s Enbridge to Participate in Upcoming Oil, Gas Projects
23 Local, Foreign Oil & Gas Firms Operating in Pakistan
OGDCL to Explore OIL & Gas in Punjab
SINGAPORE
Siemens and Rolls-Royce Technology for New Deepwater Drilling Rig
3. EUROPE / AFRICA / MIDDLE EAST
HUNGARY
Falcon Oil & Gas Announces Szekkutas-1 Well in Hungary Has Reached Total Depth
IRELAND
Providence Resources’ Looks at Huge Oil and Gas Resources from Atlantic Drilling Prospects
NORWAY
Nordic Oil and Gas Licenses New Belly River Well at Joffre
Hammerfest, Norway Booms on Oil and Gas Hopes
MADAGASCAR
Madagascar Oil Completes $60 Million Placement to Join Tullow in Heavy Oil Development
MOROCCO
Moroccan Government Invites International Companies to Tap its Sedimentary Basins
AFGHANISTAN
Afghanistan Set to Open Oil & Gas Sector to Bids
KAZAKSTAN
Oil Leak Highlights Need for Inspection and Mothballing of Wells in Kazakhstan’s part of Caspian
RUSSIA
Lukoil to Purchase Marathon Operations for $787 Million
Foster Wheeler and VNIPIneft to Develop a Petrochemicals Project
UKRAINE
Lime Rock Partners Invests in Ukrainian Land Rig Manufacturer
MIDDLE EAST
Mideast Nations Pledge $8b for Indonesia Oil, Gas
CYPRUS
Mubarak says Egypt and Cyprus to Explore for Oil, Gas
Cyprus Says Seismic Surveys Yield Positive Signs for Hydrocarbons
IRAN
Iran Opposes Laying of Oil, Gas Pipelines on Caspian Seabed
QATAR
Emerson Completes Digital Automation Engineering and Design for $12 Billion LNG Project in Qatar
For more information on all McIlvaine services, click on: www.mcilvainecompany.com or call: 847-784-0012.
Bob McIlvaine
rmcilvaine@mcilvainecompany.com