Regular Features
- OGJ Newsletter
  - OGJ Newsletter
- Journally Speaking
  - EOR awaits new CO₂ sources
    Field examples continue to show the value of carbon dioxide injection for enhancing oil production.
- Editorial
  - The role of business
    Fad words come and go in business, usually without hurting anything but communication.
- Area Drilling
  - Area Drilling
- Equip/Software/Lit
  - Equipment/Software/Literature
- Services/Suppliers
  - Services/Suppliers
- Editor's Perspective
  - Hot news: Oil profits to be down this year
    Here’s news you won’t read on the front pages of newspapers this year.
- Market Journal
  - Inventory, weather influence markets
    The February contract for benchmark US sweet, light crudes increased 26¢ to $63.72/bbl Dec. 20 as the US Energy Information Administration reported a larger-than-expected 6.3 million bbl drop in commercial US crude stocks to 329.1 million bbl in the week ended Dec. 15.
General Interest
- SPECIAL REPORT: US industry expects political excitement to continue in ’07
  The US oil and gas industry is entering 2007 with much the same fervor as a year ago, according to industry and trade association executives.
- Iran’s nuclear stance may reflect oil export declines
  Iran may need to develop nuclear power plants to meet domestic energy requirements because its crude oil operations are seriously declining, a Johns Hopkins University researcher suggests.
- Iranian, Russian project woes hinder Japanese strategy
  Troubled projects in Iran and Russia have set back the Japanese government’s newly aggressive effort to secure international oil and gas supplies, reports Tomoko Hosoe of FACTS Inc.
- CFTC expected to bring action against BP in futures probe
  BP PLC expects the US Commodity Futures Trading Commission staff to recommend that a civil enforcement action be brought against the company over alleged violations of federal commodity exchange regulations.
- Producers to pay royalties for 1998-99 deepwater leases
  Five Gulf of Mexico producers agreed to pay royalties on their 1998 and 1999 deepwater leases that were originally issued without price thresholds, the US Department of Interior announced on Dec. 14.
- Gastech: LNG driving changes in gas markets
  Driven by the rapid development of LNG, gas markets are being transformed from regional into global markets and have been undergoing other major changes, said Total SA Executive Vice-Pres. Yves-Louis Darricarrere at the 2006 Gastech Conference in Abu Dhabi.
- LNG facility incident prompts security measures
  A mid-August security breach at an LNG facility in Lynn, Mass., should remind other operators of LNG terminals, peak-shaving plants, and other facilities to implement security measures to stop intruders, the US Pipeline and Hazardous Materials Safety Administration said on Dec. 28.
- COMPANY NEWS: Linn Energy plans three oil, gas acquisitions
  Linn Energy LLC has agreed to acquire a private oil and gas company in the Texas Panhandle for $415 million and two Appalachian basin properties for $39 million in three separate transactions.
- PERSONNEL MOVES AND PROMOTIONS: Exploration Co. elects Sigmon as chairman
  Exploration Co., San Antonio, has elected James E. Sigmon as chairman to succeed Stephen M. Gose Jr., retired after more than 20 years of service.
- Russia to increase oil, natural gas exports in 2010
  Russia’s Economic Development and Trade Ministry, in forecasting the country’s oil and gas production and exports to 2010, said gas exports in 2010 will increase to 223.4 billion cu m and oil exports, to 271 million tonnes.
- WATCHING THE WORLD: Price wars
  The Russians continue to have problems over oil and gas with their fellow states in the former Soviet Union.
Exploration & Development
- WEST AFRICA-1: Undiscovered oil potential still large off West Africa
  For more than half a century the West Africa region, in particular the countries bordering the Gulf of Guinea and Congo Delta, has been one of the most exciting and attractive regions in the world for the oil industry.
Drilling & Production
- North Sea data yield insight on fatigue life of drill pipe
  Failure of drill pipe due to fatigue is very costly problem in the oil and gas industry.
- Ion exchange helps CBM producers handle water
  In western US, ion-exchange technology is helping coalbed methane operators handle the large amounts of water produced with the gas.
Processing
- Study tests accuracy of methods that estimate hydrate formation
  Because inhibitors are important in reducing formation of hydrates in gas streams, we performed a study to investigate and evaluate the accuracy of available tools that predict hydrate formation conditions in the presence of inhibitors.
Transportation
- ENVIRONMENTAL MITIGATION-2: ROV, diver-collected data show postconstruction epifaunal health
  Gulfstream Natural Gas System LLC gathered ROV and diver-collected data to determine the extent and severity of project construction effects on hard-live bottom areas within the trench corridor and associated spoil mounds and anchor strike-cable sweep locations.
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