Subject:  New Oil and Gas Projects

New oil and gas projects are reported monthly to Thermal/Catalytic World Markets subscribers, http://www.mcilvainecompany.com/air.html#N007 .  Here are the project titles for the month of May.

Oil and Gas
Updates

May 2005

Table of Contents

INDUSTRY ANALYSIS

            OVERVIEW

 

• Move Towards Offshore Production

1.      AMERICAS

 

      U.S.

• Natural Gas Drillers Can’t Keep Up with Permits
• Proposals for Gulf of Mexico LNG Terminals
• Deep Shelf Discoveries by El Paso Corp, Newfield
• Teton and partners Begin Drilling First Piceance Basin Gas Well
• Energas Acquires New Oil and Gas Field in Kentucky
• Crow Tribe, Wyoming Firm Sign Oil, Gas Exploration Agreement
• Aztec Oil & Gas Announces participation in Drilling Project in Nieman East Sandia Field in Jim Wells County, Texas
• ATP Oil & Gas Adds Two New Producing Wells and Provides Gulf of Mexico Operations Update
• Titan Oil and Gas, Inc. Has Four-Mile Gas Pipeline under Construction
• Kansas Sees Biggest Surge in Oil and Gas Drilling in more than a Decade
• Cheniere Energy Files FERC Applications for Creole Trail LNG Terminal & Pipeline
• Kodiak Oil & Gas Chicken Creek Test Well Underway
• The Company Receives Approval for Horseshoe Basin Federal Unit
• Enbridge Plans Texas Gas Pipeline Links
• Brigham Exploration Announces Bouldin Lake Lower Frio Field Discovery, Other Discoveries and Provides Operational Update
• Titan Oil & Gas – Four Mile Gas Pipeline under Construction
• Remington Oil and Gas Corporation Provides Operations Update
• OMDA Oil and Gas, Inc. Says Drilling Permit Has Been Issued on 800 Acre Patroon Prospect Test Wall
• Delta Oil & Gas Acquires California Natural Gas Interest, Drilling to Commence Shortly
• Louisiana’s Gov. Blanco’s Opposition to Offshore LNG Terminals may be a Deterrent
• Schwarzenegger Oposes Federal Move to Usurp State Authority over LNG Sites

            CANADA

• Imperial Oil Halts “Project Execution” Work on Mackenzie Gas Pipeline
• Lynden Ventures Reports Oil and Gas Project in Alberta
• Galleon Pays $89.8M for Oil and Gas Properties in Dawson, peace river Arch
• Nordic Oil and Gas, Trident Complete Drilling and Casing of Coal Bed Methane Well at Joffre

            BRAZIL

• Northern Oil Buys Three Licenses off Brazil

2.      ASIA

 

            AUSTRALIA

• Woodside in $10bn Gas Spend

            CHINA

• China’s Energy Sector Needs Generate Business for LNG
• China’s CNPC Gets Approval for 6 bln yuan LNG Project in Jiangsu
• Tarim Basin Becomes China’s Major Oil, Gas Supplier
• Teikoku Oil May Get Drilling Rights for E. China Sea

            INDIA

• Joint Task Force of India’s KSIDC, GAIL, FACT to be Formed
• India Urged to Tap Oil, Gas Services in Gulf

            INDONESIA

• Bidders for PLN’s LNG Terminal Short-listed
• Indonesia to Tender 26 New Oil & Gas Concessions Early Next Month

            MALAYSIA

• Tanjung Offshore to Enhance Presence in the Malaysian Oil & Gas Sector
• Japanese Firms to Invest 150 Billion Yen in Indonesian LNG Project

            PAKISTAN

• Canadian Firms to Pakistan Gas Producer

            VIETNAM

• Soco International Tests Vietnam Well

3.      EUROPE / AFRICA / MIDDLE EAST

NORWAY

• Royal Dutch/Shell Group Makes Natural Gas Discovery

POLAND

• FX Energy Details Significance of Poland’s Sroda Discovery

UNITED KINGDON

• Floating the Idea of Marginal LNG Production
• DNO Updates Exploration, Drilling Activities

LIBYA

• Libya Signs Agreement for Gas Exploration with Shell

NIGERIA

• Total Launches Development of Nigeria’s Deep Offshore Akpo field
• Nigeria LNG Hints of 40 MTPA after Trains 7 and 8 Come Onstream
• Shell Extends Gas Flaring Deadline in Nigeria to 2009

RUSSIA

• Russian Gas Major Gasprom Seeks to enter U.S. LNG Market
• LUKOIL to Boost Gas Production 7-Fold in 10 Years
• Sakhalin Energy Signs LNG Supply Deal with Japan’s Hiroshima Gas

KAZAKSTAN

• French Industrialists Interested in Kazakhstan’s Oil-&-Gas Sector

TURKMENISTAN

• LUKOIL may Begin working on Turkmen Oil and Gas Fields

UZBEKISTAN

• China to Help Develop Uzbek Oil, Gas

IRAN

• Petronas Will not Pull Out of Iran Project
• 3 Consortia Bidding for Bid Boland-2 Refinery
• Exploration in Iran’s Remin, Balal Gas Fields Over
• ONGC Mulls 20% Stake in Petronas’s LNG Project
• Total may Increase Stake in Iran’s Pars LNG Project to 50 Percent

EGYPT

• First Liquefied Natural Gas Consignment Exported to U.S. from Edko, Egypt

KUWAIT

• Kuwait’s KOC Gets Contract for Oil Field Upgrades

MIDDLE EAST

• Mideast to Pump in $84 bn in 5 Years to Develop Oil Sector

QATAR

• Qatar will Export 25mtpa LNG to U.S.
• Qatargas COO Outlines $40bn Oil, Gas Projects

UNITED ARAB EMIRATES

• Sky Petroleum Announces Participation in Offshore Oil and Gas Property

YEMEN

• PSU Oil Firms to Explore Oil and Gas in Yemen

For more information on all McIlvaine services, click on:  www.mcilvainecompany.com or call: 847-784-0012.

Bob McIlvaine

rmcilvaine@mcilvainecompany.com