I have a few comments on the article on energy, development, and climate change, which asks readers to begin a debate on the whole platform of actions by the mighty United Nations, a platform I believe is based on a flawed theory against fossil energy resources and their development (OGJ, Feb. 2, p. 18).
Minutes after landing in Quito in early February, I was immersed in a conversation with someone carrying the latest issue of Corporate Counsel magazine.
The evidence mounts that $30/bbl for its benchmark crude basket is the preferred price this year for the Organization of Petroleum Exporting Countries—more particularly for the Saudis.
Gregg Davis, president of privately held oil and natural gas independent Davis Petroleum Corp. (DPC), largely credits his company's success to the entrepreneurial spirit of its employees.
The role of natural gas in the oil industry is being redefined, with gas taking an increasingly vital role in future sustainable energy growth, said energy experts Feb. 11 at Cambridge Energy Research Associates' annual energy forum in Houston.
The LNG market is set to become even more global, with both suppliers and consumers contemplating an emerging trend toward greater contract flexibility, industry speakers told a Cambridge Energy Research Associates conference last month in Houston.
The oil and natural gas industry probably isn't as far along as it should be regarding advances in using digital and information technology (IT) to assist in the exploration for and production of oil and gas. Nevertheless, industry has made great strides in using IT and digital technology to monitor, control, and optimize its E&P operations.
The US Chemical Safety and Hazard Investigation Board (CSB) Feb. 5 said it found "unacceptable" that the US Occupational Safety and Health Administration (OSHA) has so far opted not to consider CSB recommendations to broaden reactive-chemical rules for the workplace.
The White House should be spending more money to support its revamped climate-change research program, the National Academies' National Research Council (NRC) said last month.
Politics, security, and oil
Whatever the distractions of the moment, the US presidential race ultimately will be about a single issue: national security.
Perfect-well analysis can quantitatively, unambiguously, and simply assess drilling performance and offer a method to set performance targets and identify where savings can most likely be found.
The following describes a technique that allows one to consistently calculate the physical limit for a particular drilling operation (and thus create well-cost estimates and identify opportunities for improvement) using a quick and simple technique that converts standard operational times and a specific energy to calculate the minimum time to drill an interval to a "perfect-well time."
Acquiring wellbore and formation data in high-temperature South Texas wells is often limited by the ability of measurement-while-drilling (MWD) and logging-while-drilling (LWD) technology to operate in hostile wellbore environments.
Tom Brown Inc. completed construction of an acid-gas enrichment (AGE) and acid-gas injection (AGI) facility at its Lisbon gas plant near Moab, Utah, in May 2003.
A two-step evaluation, using a classical deterministic method and a modern probabilistic one, verified uprating a 35-year-old German natural gas pipeline.
