A clarification to your article “Large upstream projects target world energy needs” (OGJ, June 12, 2006, p. 41): In the table on p. 41, the information on Peru implies that Hunt Oil Co. is operator of the whole Camisea gas development.
Gas-to-liquids diesel fuel is hitting its stride in endurance events. It’s zooming to victory on a French racetrack and fueling an overland vehicle on a 10,000-km trek across South Africa to Qatar for the ceremonial opening of the Oryx GTL plant.
The L-shaped centerpiece of climate-change politics is getting warped. Since 2001, a temperature plot called “the hockey stick” has girded claims that humans have warmed Earth and therefore must change behavior.
Crude prices soared to record highs above $78/bbl July 14 after Hezbollah raids into Israel triggered an Israeli military incursion into southern Lebanon earlier that week.
Spending for worldwide exploration and production is expected to increase 21.3% to $261 billion this year, up from the 14.7% projected last December for 308 companies surveyed by Lehman Bros. Inc., New York.
Federal refinery permitting legislation should increase the role of state governors, a US Senate Energy and Natural Resources Committee member said on July 13 during the committee’s hearing on a bill that has already passed the House.
Nearly 2 weeks after the US House passed an Outer Continental Shelf leasing reform bill, Senate leaders announced they are ready to move ahead with their own legislation.
Two days after US Senate Republican leaders announced an offshore leasing compromise for the Gulf Coast, New Jersey’s senators said they would fight any effort to extend it to the Outer Continental Shelf off their state (OGJ Online, July 13, 2006).
A producer that had its Congo (Brazzaville) production garnished by a US court to pay some of that nation’s creditors is taking its case to the US Congress and the administration of President George W. Bush (OGJ, Apr. 24, 2006, p. 26).
Consumers apparently reacted to higher prices as US gasoline demand during the second quarter dropped 0.4% to an average 9.2 million b/d, the American Petroleum Institute said July 19.
Santos Ltd. agreed to buy Delhi Petroleum Pty. Ltd. for $474 million (Aus.) in equity and debt. The acquisition is part of the Adelaide-based firm’s efforts to increase its stake in oil and gas fields in the Cooper basin.
The provinces in Argentina now have the right to offer areas for exploration. Since the National Secretary of Energy was unable to attract investments, the provinces have the opportunity to change that situation.
Commercial production of coalbed methane (CBM) started only recently in Canada, but this unconventional natural gas resource is now a potentially significant contributor to Canada’s future energy supply.
The Palmer-Mansoori (P-M) theory of permeability changes incorporated into a pseudosteady-state equation can predict the approximate peak gas flow rate and decline with depletion for coalbed methane wells, when full reservoir modeling predictions are unwarranted.
The US Federal Energy Regulatory Commission needs to create a regulatory environment conducive to the continued development of natural gas storage capacity.
The types of pumps used in the oilfield are almost limitless. They are used in exploration technologies and almost every facet of production to move liquids or gas.
In the future, artificial lift technologies will involve further improvements in manufacturing and design coupled with new software, electronics, sensor technologies, data transfer and data management.
