International news for oil and gas professionals
If oil and gas workers don't read fiction, a reason might be the dearth of fiction grounded in basic knowledge about, let alone respect for, their business.
A decision due from the Canadian government will influence the competitive framework for oil and gas investment around the world.
Finding a politically accommodating route to market for Alberta bitumen is becoming even more difficult than producing the abundant stuff.
Oklahoma, the 46th state admitted into the US, ranks 20th in size, 28th in population, 36th in population density, and 45th in median household income, according to various online listings.
The North Sea oil and gas sector, contrary to what some sources say, still has a long life ahead of it, maybe 50 years or more.
Gas-to-liquids (GTL) technology is now economically viable in the long term in North America and can be deployed in the midstream as an alternative to, or integrated with, traditional natural gas processing schemes or as an alternative to traditional gas marketing channels via integration with transmission operations.
High-temperature hydrogen attack was the focus of extensive questions and discussion at the 2011 American Fuel and Petrochemical Manufacturers's Q&A and Technology Forum, Oct. 9-12, San Antonio.
US Senate Republicans and Democrats offered similar legislation as the US House adopted a bill that would replace the Obama administration's proposed US Outer Continental Shelf oil and gas program for 2012-17 with a significantly expanded series of lease sales.
Unconventional oil and gas shale plays have prompted state legislatures along the US East Coast to update or create regulatory frameworks covering hydraulic fracturing and water management.
Five basins on the US East Coast contain an estimated mean undiscovered natural gas resource of nearly 3.9 tcf and a mean undiscovered natural gas liquids resource of 135 million bbl in continuous accumulations, the US Geological Survey said in a recent assessment.
The Eagle Ford shale play in South Texas is a contender for the best tight oil play in the US based on strong drilling results, large prospective area, and magnitude of resource potential, said a new report from IHS Inc.
Encana Corp. and BG Group each separately reported noncash writedowns in the value of their US natural gas shale assets on July 27 during presentations on second-quarter financial results.
US refiners' ability to meet federal requirements for renewable fuels will be strained for the rest of 2012. But that's nothing compared with what they face in 2013, according to a recently updated analysis of grains and ethanol by Dallas consulting firm Muse Stancil & Co.
Deep federal spending cuts and tax increases due to automatically kick in early next year actually may force Congress and the White House to finally begin addressing the federal budget deficit in 2012's final weeks.
Strengthening of a partnership between TNK-BP and a major Russian petrochemical group involves a project contested by breakaway partner BP PLC.
What is the potential of domestic unconventional shale oil and gas production to displace oil imports to the US?
Mineral rights in the Appalachian basin are often governed by deeds or leases that were recorded decades, even a half century or longer ago.
Jack up rig construction in the US generates an average of $374 million in direct revenue each year and employs about 2,500 people in the Gulf Coast.
Among the most common designs built in the US, the Tarzan is the smallest class, while the Super 116E and 240C are approximately the same size (Fig. 5). The Super Gorilla is the largest rig class by a large margin.
A new technique has been developed for analyzing the bottomhole pressure at constant flow rate drawdown well tests. The method presented in this article enables calculation of the skin factor for stimulated oil wells.
Billions of barrels of oil that could increase domestic supply, help reduce imports, and improve US energy security may be potentially recoverable from residual oil zones, according to initial findings from a study supported by the US Department of Energy's Office of Fossil Energy.
Pipeline operators must analyze how different leak-detection systems affect the total cost of a leak. Whether the additional money spent on a more sophisticated system is a worthwhile investment depends on each pipeline's circumstances.
As with most LNG news from North America, excess is common (Fig. 1). In fact, most proposed and planned LNG export projects will never see the light of day.