Fresh from several years of exploration success in Malaysia, Arkansas-based Murphy Oil Corp. said another place it would like to be in Southeast Asia is Indonesia.
Noble Iranians, Because your president, Mahmoud Ahmadinejad, took the trouble to write a letter to US citizens-“noble Americans,” in his words-a reciprocal gesture, albeit from a lesser office, seems appropriate.
Energy prices soared to the highest levels in months during the final 4 days of November as an arctic cold front moved across the Midwest US toward the East Coast, dumping several feet of snow in its wake.
Exploration and appraisal drilling in Southeast Asia has continued at high levels through 2006 as oil companies, flush with cash, seek to replace reserves.
The US motor fuel market is being transformed by higher prices, tightening environmental requirements, changing demographics, growing world demand for oil, and expanding fuel options, said analysts at Cambridge Energy Research Associates (CERA), Cambridge, Mass., a leading energy advisor.
Mexico’s new President Felipe Calderon proposes opening the country’s oil industry to international oil corporations to help increase crude oil exports.
Small oil and gas companies are struggling to acquire and develop acreage in UK licensing rounds because of intense competition and high taxes, company executives said at a conference in London.
The oil market is likely to tighten in 2007 with global demand for crude up by 1.7 million b/d, non-OPEC production growing by just 1 million b/d, and only a 1.1 million b/d increase in refining capacity, said Edward L. Morse, managing director and chief energy economist for Lehman Bros. Inc., New York.
US House leaders pulled the Senate’s Outer Continental Shelf oil and gas leasing reform bill from the floor on Dec. 5 because there were not enough votes to pass it under special fast-track rules.
This two-part article summarizes a series of tests indicating that a technology now exists for near real-time 3D mapping of the reservoir-scale permeability field using surface-based seismic acquisition networks.
The Bakken formation play in the Williston basin is writing a new chapter in the oil reserves history of the US onshore Lower 48, thought by many to be a mature and fast-depleting province.
A new cubic equation of state (EOS) predicts densities of Western Canadian heavy oils and their SARA (saturates, aromatics, resins, and asphaltenes) fractions.
Initial mercury measurements in 2000 for gas upstream of Khalda Petroleum Co.’s Salam gas plant in Egypt’s Western Desert showed mercury content between 75 and 175 μg/std. cu m.
New buried identification marker technology offers potential improvements in oil and gas pipeline-maintenance efficiency and reduction of the likelihood of accidental damage and associated safety hazards.
