Table of Contents
Oil & Gas Journal
10/15/2007
Volume 105, Issue 39
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Regular Features
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OGJ Newsletter
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Letters
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Government and energy
I should like respectfully to comment on the article in which you attack Rep. John Dingell’s suggestion that the government should take action to reduce consumption as part of a climate change policy.
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Government and energy
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Journally Speaking
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2007-08: LNG pace quickens
By reading Oil & Gas Journal, gas industry professionals can readily keep up with major events in the rapidly expanding LNG industry.
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2007-08: LNG pace quickens
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Editorial
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Price and energy politics
In US energy politics, the prime mover is price. Yet politicians fortify their energy initiatives with other, seemingly steadier motives, probably because they’ve learned that prices fluctuate.
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Price and energy politics
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Area Drilling
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Equip/Software/Lit
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Editor's Perspective
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Oil traders know output gains trim a market cushion
A production increase coordinated by the Organization of Petroleum Exporting Countries isn’t always what it appears to be.
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Oil traders know output gains trim a market cushion
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Market Journal
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Crude price rebounds then settles
Crude futures prices rebounded more than $10/bbl in the first 3 weeks of September to a record high of $83.90/bbl Sept. 20 on the New York Mercantile Exchange then fluctuated in a $5/bbl range below that, subsequently closing at $81.22/bbl Oct. 5.
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Crude price rebounds then settles
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General Interest
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SPECIAL REPORT: Independents working UKCS areas abandoned by majors
Independent oil and gas producers are moving into traditional producing areas of the UK Continental Shelf (UKCS) as major companies move toward technologically the region’s challenging frontiers or out altogether.
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SPECIAL REPORT: AEPC sees reversals of ’05 gains in new energy bills
US independent oil and gas producers and their industry associations are fighting a political storm as energy bills that would hamper their work head toward a House-Senate conference.
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Onshore pipeline spend to be $180 billion by 2012
An estimated $180 billion will be spent on onshore pipeline projects worldwide through 2012, says Douglas-Westwood analysts in a new study, “The World Onshore Pipelines Report 2008-12.”
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NGC: Gas to play critical part in reducing GHG emissions
Conventional natural gas supplies from basins currently restricted for exploration and development will be needed if the US adopts greenhouse gas (GHG) emissions reduction mandates, the Natural Gas Council said Oct. 3.
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WATCHING GOVERNMENT: Who follows Domenici?
The changing of the Republican leadership on the US Senate Energy and Natural Resources Committee is a relatively small consequence of Pete V. Domenici’s deciding not to seek reelection in 2008 for health reasons.
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Rowan Cos. pleads guilty to environmental charges
Rowan Cos. Inc. has pleaded guilty to three felonies involving the discharge of pollutants and garbage into the Gulf of Mexico from the Rowan-Midland drilling rig, the US Department of Justice reported.
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Total CEO says work will continue in Iran, Myanmar
Total SA Chief Executive Christophe de Margerie, in an interview with Le Monde newspaper, has affirmed that his company will continue to work in Iran and Myanmar despite pressure coming from government and nongovernmental organizations (NGOs).
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Norwood to press exploration program in Nicaragua
Numerous opportunities may have gone unevaluated in Norwood Resources Ltd.’s initial two-well program in the remote Sandino basin in nonproducing Nicaragua, a consulting engineer’s report indicated.
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Tengizchevroil fined for Tengiz field sulfur storage
Kazakhstan authorities have imposed a $609 million fine on Tengizchevroil (TCO), the Chevron Corp.-led consortium developing giant Tengiz oil field, for alleged violations of national environmental legislation.
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Kazakhstan rejects new Kashagan oil contracts
Kazakhstan will not revise the terms of its contract with the Eni SPA-led consortium developing Kashagan oil field, according to Kazakh President Nursultan Nazarbayev.
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COMPANY NEWS: KMG EP to acquire interest in Citic Energy
JSC KazMunaiGas Exploration Production (KMG EP) will buy a 50% stake in Citic Canada Energy Ltd. for $930 million, which will provide access to the Karazhanbas field in western Kazakhstan.
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WATCHING THE WORLD: Oil at center of Iraqi flaps
In US congressional hearings last week, Iraq’s central government was accused of reverting to its old ways, with control of the country’s oil reserves a mainstay of that effort.
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SPECIAL REPORT: Independents working UKCS areas abandoned by majors
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Exploration & Development
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WEB SERVICES TO SOA-2: BP describes maturity model for IT in its E&P organization
In the first part of this article, we provided an overview of the value BP will derive from a broad service-oriented architecture (SOA) program as well as the issues that exist today in realizing this desire.
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WEB SERVICES TO SOA-2: BP describes maturity model for IT in its E&P organization
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Drilling & Production
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UNCONVENTIONAL GAS-5: Rising drilling, stimulation costs pressure economics
The sharp recent rise in well drilling and particularly well stimulation costs has led to the concern that much of the US unconventional gas resource may be becoming uneconomic.
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Shell revitalizes ‘Drilling the Limit’ program
Shell has revitalized its “Technical Limit” program in well delivery and well servicing activities.
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UNCONVENTIONAL GAS-5: Rising drilling, stimulation costs pressure economics
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Processing
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US Fuels-Conclusion: Policy issues will affect future US fuels markets
This article examines the economic and policy factors that have played a large role in the US motor fuels market, and quantifies future outcomes based on a range of possible economic and policy conditions.
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US Fuels-Conclusion: Policy issues will affect future US fuels markets
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Transportation
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China’s growing LNG demand will shape markets, strategies
China’s rapidly growing demand for clean energy sources stands to make it a major LNG importer in coming years.
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China’s growing LNG demand will shape markets, strategies
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