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Senior Cost Engineer/Estimator
Wood Mackenzie
Wood Mackenzie has been a respected adviser to the energy industry for over 30 years. We combine experience with industry knowledge to provide clients with valuable analysis and unique insights. With its headquarters in Edinburgh, Wood Mackenzie also has offices in London, Houston, Boston, New York, Moscow, Beijing, Singapore, Kuala Lumpur and Sydney and currently employs around 550 people.
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Drilling Superintendent for DUC Operations
Maersk Oil
Maersk Oil is seeking a Drilling Superintendent for a key position in the DUC Operations Drilling Group located at our headquarters in Copenhagen. The group, which consists of five rig teams each with a Drilling Superintendent and an Operations Engineer, supports the Danish North Sea drilling activities of Maersk Oil. Maersk Oil is the operator in the DUC partnership with Shell and Chevron.
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Group development manager*
Gaz de France
For this position you will be in direct contact with all of Gaz de France subsidiaries in France and abroad. Our group offers many personal development opportunities in the short and mid-term. Your English is fluent.
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President, Aker Geo
Aker Solutions
Innovative and dedicated people who believe that nothing is impossible have solved tomorrow’s challenges for over 150 years. Are you ready to roll up your sleeves?
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Gas prices bite Chesapeake
By Upstream staff
Chesapeake Energy today reported a 34% decline in third-quarter earnings as natural gas prices fell from a year-ago and offset a jump in production.
Net income available to common shareholders in the quarter fell to $346 million, or 72 cents per diluted share, from $523 million, or $1.13 per share, in the year-ago quarter.
Excluding a one-time gain related to hedging, adjusted net income was 69 cents per share.
Analysts surveyed by Reuters Estimates on average had expected a profit of 61 cents a share.
Average daily production for the Oklahoma City company climbed 27% to 2.03 billion cubic feet of natural gas equivalent.
The company said its average realised price for natural gas fell to $7.41 per thousand cubic feet from $8.39 per thousand cubic feet in the same quarter a year earlier.
Citing better-than-expected results from the company's drilling program, Chesapeake raised its prior forecast for total 2007 production growth to 21% to 23% from 18% to 22%.
For 2008, Chesapeake said it now sees production growth of 18% to 22%, up from its prior growth forecast of 14% to 18%.
In September, Chesapeake said it planned to sell some producing assets and cut back production, citing lower natural gas prices.
Even so, the company was able to raise its forecasts because production growth during most of 2007 topped its targets.
Shares of Chesapeake rose 2.6%, or $1.03, to $40.67 on the New York Stock Exchange.
Tuesday, 06 November, 2007, 23:18 GMT | last updated: Tuesday, 06 November, 2007, 23:18 GMT
