http://news.rigzone.comThe latest upstream oil and gas news from around the world.Copyright 2009 Rigzone.com Inc. All rights reserved.http://www.rigzone.com/images/logo_rigz_131x20.gifhttp://www.rigzone.com/news/13120http://www.rigzone.com/news/article.asp?a_id=82709&rss=trueUnder pressure from a strengthening dollar and slide in equities, crude futures exited the December contract at $76.72 a barrel.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82708&rss=trueScorpion Offshore's revenues for the first quarter 2010 totaled $107.9 million, including $4.9 million mobilization revenue and $3.8 million revenue booked as a reversal of a credit memo issued last quarter.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82707&rss=trueThe Lore-1 well, the first well of a 2 well program in the Timor Sea contract area JPDA 06-103, was spudded on November 20, 2009.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82706&rss=truePetro Vista has reached TD at its Noellia #1 (the first of several planned wells) recently drilled in the Lower Magdalena Valley Basin Colombia, La Maye Block.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82705&rss=trueNigeria has renewed three of ExxonMobil's operated oil leases that pump more than 550,000 barrels of oil per day.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82704&rss=trueThe number of rigs drilling for oil in the U.S. climbed this week, but the gas rig total slipped as producers curbed output in response to low prices.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82703&rss=truePemex said Friday its crude oil production averaged 2.61 million barrels a day during the January-October period, down 7.5% from the same period in 2008.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82702&rss=trueGastem is undertaking a brokered private placement for an amount up to $5,000,000. The private placement will consist of 7,692,308 flow-through units at a price of $0.65 per Flow-Through Unit.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82699&rss=truePDVSA said its net income in the first half of 2009 fell by 67 percent to $3.17 billion due to slightly lower output and a steep decline in oil prices. Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82694&rss=truePampa Energia's subsidiary has accepted an offer from YPF to enter into an investment agreement regarding the exploitation block known as Rincon del Mangrullo in Argentina.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82693&rss=trueEXCO Resources' Board of Directors declared a fourth quarter cash dividend of $0.025 per share payable on December 15, 2009 to holders of record on November 30, 2009.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82692&rss=trueMaurel & Prom reported that the Onal 1002 well has reached a vertical depth of 1,195 meters, and has encountered 82 meters of hydrocarbon-impregnated reservoirs in the Kissenda Sandstone.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82691&rss=trueEnventure Global Technology has enhanced its online technical library, a tool that shares the company's vast expandables knowledge.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82688&rss=trueA North Slope worker was killed Wednesday when a pickup truck pinned him against a section of pipe, according to BP.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82682&rss=trueAccording to the RigLogix team, Cameron leads the pack of BOP companies with approximately 422 BOPs working on offshore rigs.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82681&rss=trueSchlumberger's subsea electronic control module has passed the historical milestone of more than a quarter million operational hours in the field with 100% reliability.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82680&rss=trueLukoil's Board of Directors has approved a strategic development plan for 2010-2019, which includes growing hydrocarbon production and the creation of a spin-off of assets from the E&P business segment into a specialized company.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82679&rss=trueArgenta has started a long term production test in well OA x-1, Covunco block, Neuquen basin, Argentina. Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82678&rss=trueBrinx Resources reports that the second well from the 09-2 Oklahoma Project drill program appears to be another new discovery well.Fri, 20 Nov 2009 00:00:00 GMThttp://www.rigzone.com/news/article.asp?a_id=82677&rss=trueOver the past 50 years, the U.S. oil and gas industry has developed innovative, 21st century technologies and exploration techniques that are efficient, pose little threat to the environment, and ensure worker safety.Fri, 20 Nov 2009 00:00:00 GMT