The transition of weekly gas storage reporting duties to the US Department of Energy's Energy Information Administration from the American Gas Association last week had many industry participants and observers questioning the possible impact on the market's ability to assess supply and demand fundamentals this summer.
The US Senate bristles with contradiction where energy, labor, and wealth are concerned. For the sake of jobs and economic growth it eagerly subsidizes a probably uneconomic natural gas pipeline.
Regulation in the US has raised the cost of making gasoline. It has created distribution bottlenecks. It has necessitated new seasonal turnover of inventory.
This firm's multistream liquid and gas flow computers now come with a hot duty/standby option. The new feature allows full redundancy to be built into the system using two flow computers for as many as four meter runs and is suited for fiscal and custody transfer monitoring applications.
Members have restructured the Houston-based International Association of Geophysical Contractors and shifted its focus in an attempt to improve the profitability of what they describe as a financially threatened industry.
A novel use of marine controlled source electromagnetic sounding techniques (CSEM), called seabed logging, may cut exploration costs in deepsea areas. The method has been tested off West Africa in 2000 and in the Norwegian Sea in 2001 with promising results.
Fractured reservoirs have become more attractive for acquisition and development because of recent technological developments and tools for visualizing critical elements of fractured reservoir flow paths.
El Paso Global LNG Co. has unveiled an innovative concept featuring LNG tankers that could also regasify their cargoes and deliver as much as 400 MMcfd into pipelines from miles offshore.
Conoco Inc. and Phillips Petroleum Co. have determined the locations of most major staff and support functions for the newly formed ConocoPhillips. As a result, the combined firm expects to lay off some workers in Houston, Tempe, Ariz., and Ponca City, Okla.
Newly formed ConocoPhillips has recently released the remaining list of its senior management staff. Appointments are effective following the completion of the proposed merger of Conoco Inc. and Phillips Petroleum Co.
Understanding salt tectonics and salt geometry has always been important to petroleum exploration in the Gulf of Mexico (GOM). Initially, prospects were drilled almost exclusively above salt.
A new compact selective H2S removal process is useful in a number of gas processing applications. The process is based on the cocurrent FramoPure gas-liquid contactor, from Framo Purification AS, Bergen, with commercial nonproprietary solvents.
