Table of Contents
Oil & Gas Journal
08/23/2004
Volume 102, Issue 32
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Regular Features
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OGJ Newsletter
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OGJ Newsletter
Fear of possible civil strife and disruption of crude production and exports in Venezuela drove US crude futures prices above $46/bbl Aug. 13 for the first time in the contract's history as panicky traders scrambled to cover outstanding sales positions ahead of the Aug. 15 recall referendum election against Venezuelan President Hugo Chávez.
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OGJ Newsletter
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Letters
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Letters
I've been reading with interest the articles on "Hubbert revisited."
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Letters
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Journally Speaking
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Maybe this time
Maybe this time Qatar, a fat thumb of a country that juts from Saudi Arabia into the Persian Gulf, covers barely 7,000 sq miles and boasts an expatriate population larger than its native one.
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Maybe this time
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Area Drilling
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Area Drilling
Corsica TGS-Nopec Geophysical Co., Naersnes, Norway, received a nonexclusive, preliminary authorization to run seismic surveys off Corsica in France's Mediterranean waters.
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Area Drilling
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Equip/Software/Lit
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Equipment/Software/Literature
A new blowout preventer on the market is engineered specifically for capillary tubing applications, including sour service.
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Equipment/Software/Literature
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Editor's Perspective
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Chronic suspicion clouds thinking on oil price behavior
Unsold oil makes no money for oil producers. This insight somehow eludes adherents to the chronic suspicion that high oil prices can result only from withheld supply.
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Chronic suspicion clouds thinking on oil price behavior
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Market Hotline
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Record supply belies tight oil market
If the global race between oil supply and demand were to be held today, it would be almost a photo finish.
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Record supply belies tight oil market
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General Interest
- Editorial - Serious about depletion
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High oil prices not squeezing economic growth—yet
Conventional wisdom states that high oil prices lead to lower economic growth, cause inflation, and increase unemployment.
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CERA: World faces 50% chance for $50/bbl oil in 50 days
The world is currently facing a "50/50 oil market" in that there exists a 50% chance that the price of oil will reach $50/bbl within the next 50 days, according to Daniel Yergin, chairman of Cambridge, Mass.-based Cambridge Energy Research Associates (CERA).
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US refining capacity, product demand not rising in step
US refining capacity has not kept up with increasing demand for petroleum products.
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Watching Government - Air to fuel
At a ministerial conference this fall, US policymakers will urge oil and natural gas companies to expand methane recovery projects as a way to improve the environment and to promote energy security.
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Company News - National-Oilwell, Varco to merge in $2.5 billion deal
National-Oilwell, Varco to merge in $2.5 billion deal A merger between an oil drilling equipment manufacturer and a manufacturer and supplier of drilling systems and rig instrumentation was the largest transaction among recent oil-related mergers and acquisitions.
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Personnel Moves & Promotions - Saudi Aramco elects Khalid al-Falih senior vice-president
Khalid A. al-Falih was elected senior vice-president of Saudi Aramco at the company's July executive committee meeting.
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Exploration & Development
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Subsurface temperature as a passkey for exploration of mature basins: Hot anticlines—a key to discovery?
Temperature anomalies associated with oil-producing structures in the US Midcontinent and similar cratonic areas probably can be used reliably as a passkey for petroleum exploration in mature areas, and thus the concept of hot anticlines could be a key to discovery.
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Subsurface temperature as a passkey for exploration of mature basins: Hot anticlines—a key to discovery?
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Drilling & Production
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Various recovery processes supply CO2 for EOR projects
Enhanced oil recovery (EOR) projects that use a carbon dioxide injectant can acquire CO2 using various processes that recover CO2 from industrial sources and produced gas streams.
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Kazakhs impound Parker's Sunkar barge rig
Kazakhstan authorities earlier this summer impounded a Caspian Sea-based drilling barge over allegations of about $6 million in unpaid duties.
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Various recovery processes supply CO2 for EOR projects
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Processing
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Case studies demonstrate guidelines for reducing fouling in distillation columns
Studying case studies of fouling in refinery and petrochemical plant distillation units reinforces the theories of fouling-resistant designs.
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Case studies demonstrate guidelines for reducing fouling in distillation columns
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Special Report
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INGAA: Delaying US pipeline expansions will cost consumers billions
The US can ill afford persistent opposition to new pipelines and natural gas storage, a new report sponsored by the Interstate Natural Gas Association of America said last month(OGJ, july 26, 2004, p.7).
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US construction plans slide; pipeline companies experience flat 2003, continue mergers
The US natural gas pipeline system appears headed for serious delivery-capacity constraints, if recent proposals are any indication.
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INGAA: Delaying US pipeline expansions will cost consumers billions
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Print Ad Index
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Advertising Index
Arnco Technology Trust LTD.
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Advertising Index
