I liked the thoughts in the Journally Speaking "Taking the lead" (OGJ, Dec. 1, 2003, p. 15). However, I would have limited the first paragraph following the sidehead "Turning a corner" to the following:
Oil prices unaffected by Saddam's capture
Despite earlier predictions to the contrary, the capture of Iraq's ex-President Saddam Hussein had no immediate effect on world oil prices.
Earlier this month, I had the opportunity—along with the Houston chapter of the International Association for Energy Economics—to plan a half-day conference that focused on the changes taking place in the North American natural gas market.
When US soldiers extracted former Iraqi President Saddam Hussein from his hiding hole outside Tikrit on Dec. 13, they also punctured a political argument that had achieved undeserved prominence.
Burren Energy PLC, London, is acquiring 3D seismic data over the entire 1,047 sq km Nebit Dag production sharing agreement area in western Turkmenistan.
Here's the ULTRA TURRAX UTL 2000 single stage dispersing machine that offers the refining and petrochemical segments of the industry a high degree of flexibility and scalability.
The US Department of Defense made the right decision when it excluded from Iraqi reconstruction contracts companies based in countries opposing its operations.
Petroleos de Venezuela SA, Venezuela's state-run oil company, has embarked on an aggressive campaign to restore its credibility in the eyes of the world.
The US government's latest long-term energy forecast released Dec. 16 found that over the next 2 decades, US natural gas demand will be lower and prices higher than previously thought.
LNG will play an increasingly important role in the evolution toward a global natural gas market, but major decisions and investments will have to be made to meet anticipated long-term gas demands, particularly in the US.
Washington, DC-based Industrial Energy Consumers of America (IECA) sent the US Congress a report showing that natural gas prices increased 83% during a 41-month period, costing consumers more than $111 billion.
California state officials asked a federal court Dec. 4 to reinstate a case connected with controversial oil valuation rules issued by the Department of the Interior's Minerals Management Service in 2000.
Four Washington, DC-based energy trade groups announced last week the formation of a new coalition that will act as a public LNG information clearinghouse.
Three major oil and natural gas organizations announced plans earlier this month to adopt new global guidelines for companies to use in voluntarily estimating and reporting greenhouse gas (GHG) emissions.
Enterprise, GulfTerra to merge, form new US MLP
Enterprise Products Partners LP, GulfTerra Energy Partners LP, and El Paso Corp. agreed to merge Enterprise and GulfTerra to form the second largest US publicly traded master limited partnership after Kinder Morgan Energy Partners LP.
Oil & Gas Journal's new assessment of worldwide reserves shows an increase over previous estimates, with the bulk of the increase from a single country.
The worldwide refining industry added capacity in 2003, despite a decrease in the total number of refineries. For the second year in a row, worldwide refining capacity set a record.
This is the second of two parts on Iraq's exploration and development history and the outlook for restoration of production and rehabilitation of facilities in the post-Saddam era.
Two examples, one in a hard-rock, slimhole horizontal and the other in a North Texas vertical well, show how custom-designed drilling bits can lower costs and improve drilling performance.
The US Department of Justice has made it clear that the pipeline industry is the focus of increased attention from environmental enforcement authorities.
How can companies minimize the likelihood of being the subject of a criminal prosecution and respond most effectively if an investigation or prosecution appears likely?
Assistant US Attorney Helen Brunner, one of the prosecutors in the Olympic Pipe Line case and an experienced environmental prosecutor, has commented on some of the pipeline industry's concerns about the nature and effect of criminal enforcement on pipeline security and on safety and accident investigations—and, in particular, the negligence provision of the Clean Water Act.
