Oil & Gas Journal Articles, May 2007

Regular Features
- OGJ Newsletter
  - OGJ Newsletter
- Market Journal
  - Supply fears influence markets
    The June contract for benchmark US light, sweet crudes topped $65/bbl in intraday trading May 17 on the New York Mercantile Exchange as unexpected shut-ins of US refining capacity “sent shock waves through the markets,” analysts said.
- Letters
  - Taxing creativity
    I concur with the position of your editorial “Fuels and political favors” (OGJ, May 7, 2007, p. 17).
- Journally Speaking
  - Mixing coffee and crude
    Energy expert Daniel Yergin, the Pulitzer Prize-winning author of The Prize: The Epic Quest for Oil, Money, and Power, a best-seller history of the oil industry, is now appearing in print on hot-drink cups at Starbucks Corp., the coffeehouse chain based in Seattle, Wash., with 7,521 self-operated and 5,647 licensed stores in 39 countries.
- Editorial
  - OPEC’s changes
    Much of what has been written about the Organization of Petroleum Exporting Countries lately concerns not the group but the model.
- Area Drilling
  - Area Drilling
- Equip/Software/Lit
  - Equipment/Software/Literature
- Services/Suppliers
  - Services/Suppliers
- Editor's Perspective
  - US politicians need to calm down on energy
    Before taking another step on energy, US politicians should calm down.
General Interest
- SPECIAL REPORT: Could a future gas OPEC shape LNG import plans?
  The Organization of Petroleum Exporting Countries has influenced both the supply and the price of oil internationally for more than 30 years.
- Price-gouging bill heads for US House amid protests
  Rep. Bart Stupak (D-Mich.) convened a US House subcommittee hearing May 22 to examine rising gasoline prices amid record oil company profits.
- Venezuela nationalizes oil rigs; deepens Chinese ties
  Venezuela’s Minister of Energy and Petroleum Rafael Ramirez announced that the country would be nationalizing oil rigs, currently in private hands.
- Kerr-McGee, EPA settle Rockies air pollution allegations
  Kerr-McGee Corp. agreed to spend $18 million on pollution controls and pay a $200,000 fine in a comprehensive settlement covering operations in Colorado and Utah, the US Environmental Protection Agency said on May 17.
- WATCHING THE WORLD: Japan’s energy explorations
  If you ever thought exploration and production meant huge outlays of cash for oil and gas projects in far-off locales, think again.
Exploration & Development
- Sudan’s oil production, refining capacity climb
  Sudan is climbing on the list of African oil producing countries and is seeing its refining capacity expand as well.
- Ridgeway to delineate CO₂ field, eyes Permian EOR
  A Houston independent has decided to commence its own Permian basin carbon dioxide pilot floods hoping to jump-start demand for CO₂ from a world-class helium and CO₂ resource in New Mexico and Arizona.
- Noble Energy’s Israel natural gas business builds
  Gas production from Mari-B field in the Mediterranean Sea off southern Israel averaged 103 MMcfd in the quarter ended Mar. 31 net to the 47% interest of project operator Noble Energy Inc., Houston, the company said in early May.
Drilling & Production
- DRILLING MARKET FOCUS: Companies report positive first-quarter 2007 results
  Drillers and drilling service companies continue to build new land and offshore rigs, although yards are full and there is some softening in the North American land rig market.
- Sinai well logging compares TDT, CHFR applications
  Logs from wells in a Sinai, Egypt, oil field provide a comparison between the use of thermal decay time (TDT) and cased-hole formation resistivity (CHFR) techniques for monitoring reservoir water saturation
Processing
- Offshore processing plant uses membranes for CO₂ removal
  The Cakerawala production platform (Figs. 1 and 2), an offshore processing facility in Block A18 of the Malaysia Thailand Joint Development Area in the Gulf of Thailand, installed semipermeable membranes to lower the CO₂ content in its produced gas.
Transportation
- Chromatograph, equation yield usable field dewpoint prediction
  Pipelines can use gas-chromatograph analysis in conjunction with an equation of state to predict hydrocarbon dewpoint in the field.
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