Table of Contents
Oil & Gas Journal
12/04/2006
Volume 104, Issue 45
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Regular Features
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OGJ Newsletter
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Journally Speaking
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The mass appeal of biomass
There’s fuel in slime. That was part of the message given by Michael Pacheco, director of the National Bioenergy Center, at a recent conference.
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The mass appeal of biomass
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Editorial
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Deepwater controversies
A casualty of US political fights this year might prove to be a concept central to the most successful energy law since oil and gas price decontrol.
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Deepwater controversies
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Area Drilling
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OCS plan letter appeals to law, national interest
US oil and gas producers and contractors have resorted to basics in their efforts to expand leasing of federal land offshore.
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Market Journal
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December crude contract expires at low
The December contract for benchmark US crudes expired Nov. 17 at $55.81/bbl, the lowest closing price in 17 months on the New York Mercantile Exchange, amid calls from some members of the Organization of Petroleum Exporting Countries for another production cut.
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December crude contract expires at low
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General Interest
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SPECIAL REPORT: Alternative fuels gaining transport market share
With the petroleum industry under political pressure to market cleaner fuels and refineries operating near capacity rates in the face of rising demand, markets for conventional and alternative transportation fuels appear robust.
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Canada removes tax advantages for income trusts
The Canadian government’s decision to remove tax advantages from companies doing business as income trusts will mean the end of the oil and gas trust structure in its current form, said a report by Wood Mackenzie Ltd., Edinburgh.
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WATCHING THE WORLD: Wheat, chaff, and oil deals
Separating wheat from chaff is important in every business, the oil industry included.
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Ecuador presidential election troubles oil sector
The Nov. 26 presidential election in Ecuador of leftist economist Rafael Correa in a landslide victory against right-wing tycoon Alvaro Noboa is sounding alarms in the international oil sector.
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BLM inventory finds resources heavily restricted
Just 3% of federal onshore oil and 13% of onshore federal gas are currently available under standard lease terms, the US Bureau of Land Management said on Nov. 28.
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Court order cancels Brazil’s eighth licensing round
A federal judge in Brasila issued an injunction Nov. 27 suspending Brazil’s eighth oil and gas licensing round.
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COMPANY NEWS: Denbury Resources to acquire field for tertiary flood
Denbury Resources Inc. has signed an agreement with a Venoco Inc. subsidiary for an option to purchase Venoco’s interest in Hastings field, a potential tertiary flood property near Houston.
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WATCHING GOVERNMENT: Acknowledging the endowment
It began when Steven G. Grape and John Wood, his supervisor in the US Energy Information Administration’s reserves and production division in the Office of Oil and Gas in Dallas, noticed two things.
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PERSONNEL MOVES AND PROMOTIONS: Wood to head Murphy’s worldwide exploration
David Wood, in charge of international exploration and production for Murphy Oil Corp., El Dorado, Ark., will become executive vice-president with responsibility for worldwide E&P, effective Jan. 1, 2007.
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SPECIAL REPORT: Alternative fuels gaining transport market share
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Exploration & Development
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DEEPWATER RISKS-2: Deepwater projects present surface, downhole challenges
Selecting appropriate field development plans, risk management, and modifying project implementation methods is essential to maintaining the viability of deepwater oil and gas projects.
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DEEPWATER RISKS-2: Deepwater projects present surface, downhole challenges
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Drilling & Production
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Refurbished jack up production unit produces marginal field off Malaysia
A refurbished mat-supported jack up mobile oil production unit (MOPU) recently began operating in 63 m of water on the Cendor oil field in Block PM304 off Malaysia.
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Optimized drilling fluids benefit tough Andean wells
Aluminum complex drilling fluids solved common drilling problems in Colombia, Ecuador, Peru, Bolivia, and Venezuela.
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Refurbished jack up production unit produces marginal field off Malaysia
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Processing
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SPECIAL REPORT: Transition to ULSD, ethanol goes smoothly for US refiners
During the last half of 2006, the initial transition to ultralow-sulfur diesel (ULSD) and ethanol blending has gone smoothly for US refiners.
- Nelson-farrar cost indexes
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SPECIAL REPORT: Transition to ULSD, ethanol goes smoothly for US refiners
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Transportation
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Multiproduct software sets optimal pump use
Simulation software developed by China University of Petroleum-Beijing in conjunction with China National Petroleum Corp. allows automatic determination of optimal pump use on multiproduct pipelines.
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Multiproduct software sets optimal pump use
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