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One surefire way to gauge the interest in, and potential of, a region is to note how many players want FEATURES
FOCUSING ON RETURNS
There are eight 3-D seismic immersion/visualization labs in Anadarko Petroleum's new 30-story headquarters north of Houston, but president and chief ...
THE UNDER-$5-MILLION LOAN
Senior secured energy lenders say they are preparing to finance the smallest of independents, which are expected to begin buying ...
STRAIGHTENING THE DRILLING CURVE
Today, a number of novel approaches to classic problems are changing the face of drilling technology. These inventive solutions might ...
NORTH AFRICA
They grow concessions big abroad, and in North Africa some U.S. independents are learning what the majors have known for ...
MAGNOLIA MAGIC
When people talk about enhanced oil recovery, carbon dioxide-flooding immediately springs to mind, in particular floods in the Permian Basin. ...
BEST UPSTREAM BUYS
Like other sectors of the market, E&P stocks took a hammering in 2002, particularly those of oil and gas producers ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
HAPPY NEW YEAR
The baby-boomer oil and gas explorers who wore rose-colored glasses in 2000 and 2001, when the U.S. rig count was ... COMPLETIONS
BUYERS with CASH
Who will fellow E&P executives meet in line for assets in 2003, or read about having acquired jewel-type properties that ... TRENDS AND ANALYSIS
The tables have turned: Interest in private oil and gas investment climbs
What a difference a decade makes. During the 1990s, many pension fund and institutional investors considered the oil and gas ... E&P MOMENTUM
LEASING & PERMITTING DATA
A major southwestern Saskatchewan shallow-gas play, which is expected to produce 500 billion cubic feet (Bcf) of gas and increase ... EXPLORATION HIGHLIGHTS
INTERNATIONAL HIGHLIGHTS
A number of operators are chasing Ladyfern look-alikes in the Buick Creek area of northeastern British Columbia, says Calgary consulting ...
EASTERN U.S.
1 Shell Offshore Inc. has completed a well in Fairway Field, offshore Mobile County, Ala. The #5 State Lease 0531, ...
GULF COAST
1 US Enercorp LLC is drilling a 9,500-ft. wildcat in AB&M Survey, A-1190, in the southeastern corner of McMullen County, ...
MIDCONTINENT & PERMIAN BASIN
1 Bakersfield operator Berry Petroleum Co. has staked five coalbed-methane wildcats in a nonproducing area of the Nemaha Uplift six ...
WESTERN U.S.
1 Amerexx Energy Inc., West Palm Beach, Fla., plans to drill a remote wildcat in the White River Valley, Nevada, ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments China Oilfield Services Ltd. NA Hong Kong NA Is planning an initial public offering. China Oilfield plans to sell about 1.33 ... COMPANY BRIEFS
XTO Energy increases its CBM portfolio
Fort Worth-based XTO Energy Inc. plans to buy coalbed-methane-producing properties in the San Juan Basin of Colorado for $160 million ...
2003 U.S. spending to stabilize at 2002 rate
Overall growth in global exploration and production spending in 2003 will be less than originally expected due almost entirely to ...
CDX, ArcLight form Lightning Gas
ArcLight Capital Partners LLC has committed $100 million of equity to form Lightning Gas LLC in partnership with CDX Gas ...
Williams give up contol of MLP
It's been speculated that in some cases, when a midstream master limited partnership buys assets from its general partner, it ...
Additional briefs
Patina Oil & Gas Corp., Denver, has acquired Oklahoma-based Le Norman Energy Corp. for $62 million in cash and ...
Canadian news...
PrimeWest Energy Trust, Calgary, plans to acquire producing assets in the Caroline and Ells areas of Alberta for C$45.7 ...
Capital-provider news...
Gary Russell, formerly an oilfield-services analyst with Frost Securities in Dallas, has been named vice president, equity analyst, covering ...
International news...
CMS Energy Corp., Dearborn, Mich., sold its Colombian assets to Compania Espanola de Petroleos SA for an undisclosed price. ... ON THE MONEY
A DRILLING PROMENADE IN THE ATWATER FOLD BELT
In the deep waters of the Gulf of Mexico, the western Atwater fold belt area, which includes southeast Green Canyon, ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
3Tec Energy 51 A.G. Edwards & Sons 4 A.G. Edwards & Sons 17, 49 Abarta Oil & Gas Co. Inc. 91 Abrams Centre National Bank 7 Abrams Centre National Bank 54 Acclaim ... |
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