Table of Contents
Oil & Gas Journal
03/26/2007
Volume 105, Issue 12
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Regular Features
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OGJ Newsletter
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Journally Speaking
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Frontier exploration lamp is lit
Large and small operators are moving to explore many of the world’s remote and nonproducing regions.
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Frontier exploration lamp is lit
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Editorial
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Technology surge ahead
It is the business of energy forms not now much in use to await technological breakthrough.
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Technology surge ahead
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Equip/Software/Lit
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Editor's Perspective
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Stop the press: Scientists doubt Gore’s alarms
It’s newsworthy when the mainstream press takes notice of unfrenzied approaches to climate change.
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Stop the press: Scientists doubt Gore’s alarms
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Market Journal
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OPEC takes no action
As expected, ministers of the Organization of Petroleum Exporting Countries made no move either to reduce or to increase production at their Mar. 15 meeting in Vienna, vowing instead to monitor the world oil market until they next meet in June.
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OPEC takes no action
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General Interest
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Part 1: Oil companies adjust as government roles expand
In the energy industry, the world is not flat. Concentration of oil and gas resources in a handful of small, powerful, and resource-nationalistic governments and their respective national oil companies (NOCs) has created an uneven playing field for international oil companies (IOCs).
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CSB’s final report cites ‘broken safety culture’ at BP
BP PLC had a “broken safety culture” at the time of the Mar. 23, 2005, fire and explosion at its 460,000 b/d Texas City, Tex., refinery that killed 15 people and injured 180 others, the US Chemical Safety Board (CSB) said at a news conference Mar. 20 outlining details of its final report.
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API prepares standards after Texas City plant accident
US refiners are applying lessons learned from the Mar. 23, 2005, fire and explosion at BP America Inc.’s Texas City, Tex., refinery to improving existing operating practices and standards and developing at least one new recommended procedure, American Petroleum Institute officials said Mar. 16.
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GAO recommends fuller studies of LNG spill impacts
Government policymakers seeking to determine where new LNG terminals are to be located and how existing facilities and tankers can be protected need additional studies conducted examining potential problems resulting from large LNG spills, said the Government Accountability Office in a new report.
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WATCHING THE WORLD: Indonesian gas figures wobble
Indonesian gas is a hot topic, judging by the number of e-mails crowding my inbox these days.
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Company sales dominate 2006 global upstream mergers, acquisitions
Worldwide transaction values for upstream corporate and asset deals totaled more than $166 billion last year compared with more than $160 billion during 2005, consultants said in an annual report.
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Russian oil service outlays to double, analyst says
Expenditures for drilling, seismic surveying, and workover programs in Russia amounted to $11.4 billion in 2006 and is forecast to rise to $22.5 billion by 2011, according to a recent study from energy analyst Douglas-Westwood Ltd.
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Part 1: Oil companies adjust as government roles expand
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Exploration & Development
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SPECIAL REPORT: Exploration spreads into numerous remote and nonproducing basins
Remote and nonproducing basins and areas are pulling in a small but important share of exploration expenditures worldwide.
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SPECIAL REPORT: Exploration spreads into numerous remote and nonproducing basins
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Drilling & Production
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DRILLING MARKET FOCUS: Plenary panel addresses effect of high prices on performance
At the International Association of Drilling Contractors conference in Amsterdam, Feb. 20-22, 2007, leaders from two of the world’s largest operating companies, the largest offshore drilling contractor, and the largest oil field service company discussed reasons for the high price scenario, their outlooks for the future, and the effects of prices (oil, commodities, rates) on performance.
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Procedure calculates base gas compressibility factors
This article presents an easy and simple spreadsheet procedure for custody-transfer calculations of the base compressibility factor for any pair of pressure and temperature conditions.
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DRILLING MARKET FOCUS: Plenary panel addresses effect of high prices on performance
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Processing
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Iran becoming mega petchem producer, natural gas consumer
Iran’s government is moving away from an oil-export based economy by increasing the priority of its gas resources development, including the expansion of its petrochemical industry.
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Iran becoming mega petchem producer, natural gas consumer
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Transportation
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New API publication gives IM guidance
API Publication 353, released in November 2006, provides an organized approach to facility integrity management and provides examples of two different methods for performing a risk assessment.
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New API publication gives IM guidance
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Print Ad Index
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Supplement to Oil & Gas Journal
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Technology Forum: Refining Equipment & Services
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Shortage of skilled personnel tops refining industry concerns
The global refining industry faces huge challenges in keeping up with rising demand for petroleum products in the years to come.
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Safety, security concerns growing challenge for refiners, contractors
Safety and security concerns in the refining industry have become a greater challenge for refinery operators and contractors in the wake of terrorism threats and megadisasters.
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Refining technology advances focus on reliability, efficiency
Operators and contractors are continually pressing the technology envelope in efforts to improve the reliability and efficiency of refineries.
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Shortage of skilled personnel tops refining industry concerns
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