Table of Contents
Oil & Gas Journal
05/05/2008
Volume 106, Issue 17
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Regular Features
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OGJ Newsletter
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Letters
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Declining production
I reckon Thomas Wyman’s letter, “A disquieting look,” has factual merit, but let’s not take the wrong trail.
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Declining production
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Journally Speaking
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Questions about surveys
Oil & Gas Journal editors receive questions every day from readers and researchers.
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Questions about surveys
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Editorial
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Energy trade and security
Given the concern they profess for energy security, Democrats in the US Congress—including the two seeking their party’s presidential nomination—should act thoughtfully rather than scornfully on international trade.
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Energy trade and security
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Area Drilling
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Equip/Software/Lit
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Services/Suppliers
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Editor's Perspective
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Energy politics warps analysis of oil markets
Deception in service to energy politics is standard practice in the US Congress.
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Energy politics warps analysis of oil markets
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Market Journal
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Distillate demand driving market
Growing demand for middle distillate fuels in Asia and Europe has created a world shortage that can only be resolved by processing more crude to produce these straight-run products.
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Distillate demand driving market
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General Interest
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COMMENT: Iranian oil industry, 100, showing wear
The Iranian oil and gas industry approaches its 100th anniversary bloated, corrupt, and nearly bankrupt, managing four times the employees but two-thirds the oil production it had before the Islamic Revolution of 1978-79.
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House SPR oil purchase hearing splits along party lines
Democrats and Republicans at an Apr. 24 US House committee hearing on continuing oil purchases for the Strategic Petroleum Reserve when prices are breaking records disagreed on which government policies send the wrong signals to markets.
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Bush to Congress: remove obstacles to raise oil, gas supplies
US President George W. Bush urged Congress to send a positive signal to world energy markets by removing obstacles to more domestic oil and gas production.
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WATCHING GOVERNMENT: Momentum builds for SPR bill
Truckers drove around the National Mall in Washington, DC, on Apr. 28, blowing the horns on their rigs and shouting through bullhorns before an afternoon rally to protest record-high diesel fuel prices.
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EIA: Lieberman-Warner bill could raise gas prices
Climate change legislation headed for debate on the US Senate floor in early June would significantly reduce domestic greenhouse gas emissions but also could dramatically increase natural gas prices, the US Energy Information Administration said Apr. 29.
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Forum: US, Mexico must solve gulf boundary dispute
The US and Mexico are becoming more aware of the potential for disputes over deepwater Gulf of Mexico oil resources, experts agreed at an Apr. 23 forum at the Woodrow Wilson International Center for Scholars in Washington, DC.
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WATCHING THE WORLD: Mexico’s oil critics
Mexico has agreed to talks with a rebel group that last year claimed responsibility for a series of attacks on oil and gas installations that severely dented the country’s economy.
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Mexico imports more gasoline as oil production drops
Mexico’s gasoline imports rose to 360,700 b/d in March, the highest level since November 2007.
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Mexico to reduce oil exports to US in 2008
Mexico will reduce its crude oil exports to the US by an average of 184,000 b/d throughout 2008, a situation that could continue for 2 years longer, reported a Mexican media outlet.
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France’s EU presidency to highlight energy security
Energy will be a leading priority when France assumes its half-year turn to preside over the European Union, beginning July 1.
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Energy group offers EU strategy for attracting LNG
The regulation of future LNG terminals will play a commanding role in the European Union’s ability to attract LNG imports, reported an independent group of energy experts established by France’s Energy Regulatory Commission (CRE).
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COMMENT: Iranian oil industry, 100, showing wear
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Exploration & Development
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Caribbean has overlooked hydrocarbon potential on North America’s doorstep
That the Caribbean Plate formed in the Pacific is a 40-year-old idea, and there is much evidence that continental crust is abundant.
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Caribbean has overlooked hydrocarbon potential on North America’s doorstep
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Drilling & Production
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SPECIAL REPORT: Shell developing heavy oil in deep water off Brazil
In its BC-10 integrated field development off Brazil, Shell is using new subsea technologies that incorporate caisson separation with electric submersible pumps, surface BOP with slim riser, and high-power umbilicals.
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SPECIAL REPORT: Growth of floating production systems accelerates
Floating production systems continue to grow in number as the oil and gas industry finds fields that without these systems would not be technically or commercially feasible to develop.
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SPECIAL REPORT: Heavy-lift system retrieves hurricane-damaged topsides
To date the heavy-lift system, deployed for the first time in June 2007, has recovered six hurricane-toppled platform topsides from the Gulf of Mexico and is contracted to retrieve several more.
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SPECIAL REPORT: Shell developing heavy oil in deep water off Brazil
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Processing
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US PROPANE—FOURTH-QUARTER 2007-FIRST QUARTER 2008: Improved US production blunts cold weather effects
Winter 2007-08 in the US was colder than any winter since 2002-03 and total heating degree days in the Northeast and upper Midwest were nearly equal to their 30-year averages.
- Nelson-Farrar monthly cost indexes
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US PROPANE—FOURTH-QUARTER 2007-FIRST QUARTER 2008: Improved US production blunts cold weather effects
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Transportation
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SPECIAL REPORT: Medgaz pipelay begins; S-lay, J-lay split duties
Medgaz will begin offshore pipelay of the 210 km, Algerian-European natural gas pipeline bearing its name in May 2008, using a combination of S-lay and J-lay techniques.
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SPECIAL REPORT: Medgaz pipelay begins; S-lay, J-lay split duties
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