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Table of Contents

Oil & Gas Journal

02/24/2003
Volume 101, Issue 8
ogj1018_cover

  • Regular Features

    • Letters

      • Headline predictions
        Given the Venezuela shortfall in crude and refined products and the war uncertainties, I predict the following headlines in the next 6 months:

    • Journally Speaking

      • Coal gas down under
        Australians seem to have accepted coalbed methane as a reliable energy source that can compete technically and economically with conventional natural gas.

    • Editorial

      • AAA hints at 'gouging'
        Unsound interpretation makes a mess out of numbers. The American Automobile Association comprehensively reports gasoline prices in the US.

    • OGJ Newsletter

      • OGJ Newsletter
        Substantially reduced output and cold weather in the Northern Hemisphere have exacerbated the effects of tight supplies of oil and products, but the International Energy Agency reported that worldwide oil output increased in January after a steep decline in December.

    • Equip/Software/Lit

    • Services/Suppliers

      • Services/Suppliers
        Edgen Corp. Baton Rouge, La., has announced an organizational restructuring that includes the appointment of Dan J. O'Leary as president and COO, and Bob Gilleland as senior vice-president of business development.

    • Editor's Perspective

    • Market Hotline

    • Area Drilling

      • Area Drilling
        The international unit of Harken Energy Corp., Houston, spudded the Cajaro-1 wildcat on the 82,752-acre Cajaro Association Contract in the Llanos basin east of giant Cusiana and Cupiagua oil and gas fields.

  • General Interest

    • Large US independent petroleum firms emerging as viable competitors to majors
      A group of the 10 biggest independent US petroleum companies has emerged as viable competitors to the world's major oil and natural gas firms.
    • CERA: Geopolitics, doubt loom over future oil markets
      Continuing political tension in the Middle East as well as uncertainty surrounding the world's oil supplies will create an unsure path for global oil markets in the coming year and beyond, according to the recently released Global Oil Trends 2003, a study conducted by Cambridge Energy Research Associates in collaboration with Accenture and Sun Microsystems.
    • CERA:Global oil price likely to fall; N. American gas supplies to tighten
      The global oil industry is correct to fear a price drop from current levels and is wise to expect continued volatility during 2003 and beyond, according to Ann-Louise Hittle, Cambridge Energy Research Associates senior director, upstream oil.
    • LNG imports to be key source of future US gas supplies
      Imports of LNG will play an increasingly important role in meeting US demand for natural gas, said several speakers at the energy conference Feb. 11-14 sponsored in Houston by Cambridge Energy Research Associates.
    • CERA: Oil, gas firm spending slowed by market volatility
      In spite of current high oil and natural gas prices, oil and gas companies are expecting a period of high market volatility and therefore are keeping a close watch on future spending in the coming year, according to a new study, "Harnessing the Storm," presented at a Feb. 11 panel during Cambridge Energy Research Associates' annual week-long energy conference in Houston.
    • CERA: Social performance vital to industry's success
      The energy industry has "a responsibility to lead as well as to serve" through "better social performance," said Walter van de Vijver, managing director of the Royal Dutch/Shell Group and CEO of Shell Exploration & Production, at the Cambridge Energy Research Associates' annual energy conference in Houston earlier this month.
    • France's gas market limits competition, commission says
      The French gas industry's "relatively rigid" supply system does not readily lend itself to competition, according to France's Energy Regulatory Commission (ERC), which now regulates both the country's electricity and gas market since Parliament officially opened France's gas market early last month.
    • Watching Government: Energy budgeting
      After a 4-month delay, Congress this month finalized spending levels for the 2003 fiscal year that ends Sept. 30. The $397 billion measure funds most government agencies, including energy-related programs within the departments of Interior and Energy. President George W. Bush is expected to sign the bill into law.
    • Point of View: Burns: Domestic production cornerstone of US energy policy
      The new deputy majority whip of the US Senate, Conrad Burns (R-Mont.), is a familiar advocate for US oil and gas producers, particularly independents seeking relaxed restrictions to hydrocarbon-prospective public lands.

  • Special Report

  • Exploration & Development

    • Plenty of life left in the North Sea
      The North Sea oil and gas regime may well be mature, but reports of its imminent demise are not only premature but, it would also seem, somewhat exaggerated.

  • Drilling & Production

    • Process optimizes fracs in Paddy reservoir
      BP PLC adopted a process that incorporates enhanced reservoir characterization for optimizing well completions in the Paddy reservoir of northeast British Columbia. Previous attempts to fracture-stimulate wells in the field had proven difficult because of the inability to generate sufficient fracture width necessary for proppant placement.
    • Carbon-fiber drill pipe passes tests
      A new lightweight, jointed, flexible drill pipe engineered from space-age composites rather than steel passed important field tests, according to the US Department of Energy's National Energy Technology Laboratory (DOE-NETL).

  • Processing

    • Styrene industry poised for an up cycle
      Worldwide styrene margins improved considerably in 2002 and should continue a positive trend during the next 2-3 years, according to Chemical Market Associates Inc. (CMAI).

  • Transportation

    • LP model uses line-pack to optimize gas pipeline operation
      The compressibility of natural gas allows the use of line pack to compensate for fluctuations of gas demand. On the basis of forecast consumption, a linear-programming model can yield a plan for optimal flow rate of a gas pipeline.

  • Print Ad Index

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