The Chinese government confirmed it sent warships to a disputed area of the East China Sea on Sept. 29, a day ahead of talks with Japan over territorial claims to waters in which both sides want to drill (OGJ Online, Sept. 27, 2005).
Many of the world’s mature producing regions still contain sizable volumes of potentially recoverable hydrocarbons, although these resources typically are in less conventional types of reservoirs.
ATP Oil & Gas Corp., Houston, acquired a 55% working interest in and operatorship of the producing King’s Peak gas field in the eastern Gulf of Mexico.
Whatever its accuracy, a newspaper story about a menacing comment by Iran’s new president underscores an economic verity too frequently forgotten when oil prices are high: It’s very difficult to make money from oil by not selling oil.
Offshore oil and gas operations in the Gulf of Mexico survived the one-two punch of Hurricanes Katrina and Rita reasonably well, with no loss of life or significant spills, Sec.
Bob Slaughter is pleased that limited US refining capacity finally is getting wide attention in the days and weeks following Hurricanes Katrina and Rita.
Every link in the energy chain-upstream, processing, pipelines, and the support infrastructure maintaining them-was affected by Hurricanes Katrina and Rita, notes a report released Oct.
Ian McCredie, head of global security services at Shell International, recently said growing risks have forced Royal Dutch Shell PLC to make its own security arrangements in areas where local security forces are largely ineffective.
A new method overcomes many of the limitations of existing hydrocarbons benchmarking practices and addresses the need for a single and precise measurement of operational performance that can be applied uniformly throughout the oil and gas industry.
Corrosion modeling for the Pearl GTL pipeline project was carried out using the Shell corrosion model, which includes laboratory and operating experience from Shell Canada Ltd.
The basic process of evaluating crude oil and natural gas resources and generating developmental or exploratory prospects in an attempt to turn those resources into recoverable reserves has remained essentially unchanged since petroleum prospectors began drawing upon geological and geophysical sciences early in the 20th Century.
