Table of Contents
Oil & Gas Journal
03/24/2003
Volume 101, Issue 12
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Regular Features
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Letters
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Letters
Maureen Lorenzetti's article (OGJ, Feb. 17, 2003, p. 31) on hydrogen power presented arguments of both sides in a balanced fashion. The two sides do not hold equal credibility, however.
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Letters
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OGJ Newsletter
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OGJ Newsletter
Traders began stripping the war premium from energy futures prices days before US bombs and missiles slammed a "target of opportunity" of "Iraqi leadership" in the predawn hours of Mar. 20 in Baghdad.
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OGJ Newsletter
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Journally Speaking
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Culture savvy
While covering the Offshore Technology Conference in Houston a few years ago, I was surprised to encounter one of my neighbors at a press conference.
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Culture savvy
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Editorial
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It's not about oil
Let's be clear about the answer: no. To repeat: no. One more time: no.
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It's not about oil
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Equip/Software/Lit
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Equipment/Software/Literature
The new Model 5D70 signal conditioner module is a single-input, dual-output, software-programmable conditioner for input of pressure, force, torque, weight, and other variables measured by conventional DC-excited strain gauge transducers. solution.
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Equipment/Software/Literature
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Editor's Perspective
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Shortage: fearful word for condition that never exists
Nobody likes the word "shortage."
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Shortage: fearful word for condition that never exists
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Market Hotline
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Oil price collapse also a reasonable possibility
Last week, this column sought to analyze what appears to be a strong case for oil prices remaining above $30/bbl for the rest of the year.
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Oil price collapse also a reasonable possibility
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Services/Suppliers
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Services/Suppliers
Aberdeen, has appointed David Baillie as chief executive of Wood Group Gas Turbine Services.
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Services/Suppliers
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General Interest
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US oil firms' 4Q earnings rise, 2002 results slip; service companies suffer throughout
US and Canadian oil and natural gas firms posted strong results for the fourth quarter, while service and supply companies' earnings were mostly lower.
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Study sees mixed rules for oil in storage worldwide
A study of strategic oil stocks in some 50 countries shows a variety of arrangements under the general guidelines of the European Union and the Paris-based International Energy Agency that would determine when and how those supplies would be released in an emergency, Energy Market Consultants Ltd. (EMC), London, reported.
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IEA: Oil markets heading into period of heightened uncertainty
The oil market is heading into a period of heightened uncertainty with low stocks and limited spare production capacity, the International Energy Agency warned in its latest Oil Market Report. These factors reduce flexibility and limit the system's ability to respond rapidly to changing circumstances.
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Investment needed to unlock Iraq's oil, gas potential
Iraq's massive oil and gas reserve potential ultimately could reach 330 billion bbl of oil and 324 tscf of gas, said UK-based investment analysts Bayphase Ltd. in a recent report.
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Lawmakers urged to focus on RFG fixes this spring
If Congress does not act quickly to reform federal clean fuel programs, uncoordinated state bans on the clean fuel additive methyl tertiary butyl ether may exacerbate gasoline shortages this year, the American Petroleum Institute warned a House subcommittee.
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White House reviewing EPA nonroad, low-sulfur diesel plan
The US Environmental Protection Agency Mar. 11 sent to the White House for its review an industry-supported nonroad low-sulfur diesel plan.
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Hitting the road
With the US summer driving season almost here, fuel suppliers are pressing to get their voices heard as policymakers retool clean-air programs that focus on highway construction.
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Point of View: Chesapeake's McClendon: Leveraging volatility key to unlocking long-lived reserves value
The management of Chesapeake Energy Corp., Oklahoma City, has no hesitation playing the contrarian among US natural gas producers, which has resulted in Chesapeake's reputation as an aggressive and dynamic hedger of gas during price swings.
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Stronger oil, gas prices fuel Canadian 4Q earnings
A sample of oil and gas firms based in Canada shows that strong commodity prices substantially increased fourth quarter 2002 revenues and earnings.
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US oil firms' 4Q earnings rise, 2002 results slip; service companies suffer throughout
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Exploration & Development
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Iraqi oil policy: present and future perspectives
In any meaningful discussion of the Iraqi oil industry and future policy options, three issues need to be addressed.
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Lloyd Ridge's first test possible in Anadarko's 2003 gulf program
Anadarko Petroleum Corp. plans a busy year in the Gulf of Mexico, where it is to drill as many as 10 exploration wells including possibly the first well in the Lloyd Ridge area in the eastern gulf.
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Eastern Papuan basin wildcats starting
InterOil Corp., a Canadian company with corporate headquarters in The Woodlands, Tex., said that a drilling rig to be used to drill the Moose prospect has arrived in Papua New Guinea.
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Iraqi oil policy: present and future perspectives
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Drilling & Production
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Meter designs provide wet-gas measurement alternatives
New meter designs provide real-time, wet-gas flow rates that are critical in applications such as measuring production from remote and subsea fields where economics demand optimization of production, capital investment, and operating costs.
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Meter designs provide wet-gas measurement alternatives
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Special Report
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Refiners face continued uncertainty in 2003
During the past few years, refiners throughout the world have been subject to the vagaries of crude and product markets.
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Low-capital crude unit revamp increases product yield
In 2001, Lyondell-Citgo Refining LP improved diesel yield by 4.8% and atmospheric gas oil (AGO) product yield by 0.5% on whole crude by implementing a low-capital cost revamp in its Houston refinery (OGJ, Mar. 18, 2002, p. 70; July 30, 1984, p. 197).
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Refiners face continued uncertainty in 2003
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Transportation
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Modeling pipeline spill determines impact on HCAs
Both small and large US operators are devoting time and resources to validate the integrity of their pipelines and assess any potential impact on US Department of Transportation-defined high consequence areas (HCAs; see accompanying sidebar).
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OPS rules on pipeline integrity management in HCAs
The US Office of Pipeline Safety (OPS), part of the Department of Transportation's Research and Special Programs Administration (RSPA) is requiring that a hazardous-liquid pipeline operator develop and follow an integrity-management program that provides for continually assessing the integrity of all pipeline segments that could affect high consequence areas.
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Correction: Reliability-based method assesses corroding pipelines
Correction
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Modeling pipeline spill determines impact on HCAs
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Print Ad Index
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Advertising Index
Alfa Laval Desalt
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Advertising Index
