Table of Contents

Oil & Gas Journal

09/01/2008
Volume 106, Issue 33
ogj10633_cover
  • Regular Features

  • General Interest

    • Oil, gas prices boost producers’ 2Q earnings
      US-based oil and gas producers and refiners reported higher second-quarter 2008 earnings as a group, but individual company results were highly varied.
    • Voters gear up for serious energy talk, official says
      The American public is ready for energy solutions that look beyond traditional positions currently dominating political debate, a US Chamber of Commerce executive suggested at an Aug. 18 Houston energy conference.
    • Democrats’ platform touts ‘comprehensive’ energy plan
      While at their 2008 national convention in Denver, Democrats presented a campaign platform that included an immediate rebate for consumers confronting high gasoline prices and billions of dollars in investments to “establish a green energy sector that will create up to 5 million new jobs.
    • Dealing with CSB’s ‘investigative gap’
      The Government Accountability Office has concluded that the US Chemical Safety and Hazard Investigation Board (CSB) could investigate more accidents if it would use its statutory authority to solicit other entities’ work in some cases.
    • Senate energy plan’s bipartisan support grows
      Six more US senators have expressed support for a bipartisan energy proposal that includes opening more of the Outer Continental Shelf for leasing.
    • NPRA asks House to resist contradictory energy policy
      Opening limited areas of the Outer Continental Shelf while enacting so-called “Use it or lose it” legislation and other counterproductive measures would be a mistake, said National Petrochemical & Refining Association Pres. Charles T. Drevna on Aug. 22.
    • US House Speaker Pelosi lists conditions for OCS vote
      US House Speaker Nancy Pelosi (D-Calif.) endorsed natural gas as a transition to alternative fuels but continued to place conditions on a possible vote to open more of the Outer Continental Shelf for oil and gas leasing.
    • China’s LPG production edges up, imports slide further
      China’s 2007 LPG output maintained its steady increase since 2002, while LPG imports continued their 5-year slide, according to a recently released study by FACTS Global Energy (FGE), Honolulu.
    • BP reopens BTC oil pipeline; rail line blasted
      BP PLC has reopened the Baku-Tbilisi-Ceyhan (BTC) oil pipeline through conflict-stricken Georgia, and normal operations are under way.
    • Let’s not forget Khodorkovsky
      The fate of Russian oilman Mikhail Khodorkovsky has been written about before in this space and he has not been forgotten, especially in the heat of recent reports of Russia’s attack on Georgia.
  • Exploration & Development

    • Western Siberia’s arctic area given 3.66 billion bbl, 651 tcf undiscovered
      There are an estimated 3.66 billion bbl of undiscovered oil and 651 tcf of natural gas north of the Arctic Circle in Russia’s West Siberian Basin Province, the US Geological Survey said in a recent report.
    • Appalachian Marcellus, deeper zones eyed
      Zone Oil & Gas LLC, Buffalo, NY, signed an exploration and geophysical joint venture deal with Penn Virginia Corp., Radnor, Pa., to explore the Devonian Marcellus shale and Oriskany sandstone and Silurian Tuscarora sand in Pennsylvania.
    • Conroe field CO2 flood set as Tinsley responds
      Denbury Resources Inc., Dallas, plans to pay $600 million or more to acquire giant Conroe field north of Houston where it intends to begin injecting carbon dioxide within 5 years in a development project itself worth $750 million-1 billion.
    • Eni, Roc Oil pursue onshore E&D in Angola
      Eni SPA has signed a memorandum of understanding with Angola’s Sonangol to jointly examine onshore exploration and production opportunities.
  • Drilling & Production

  • Processing

  • Transportation

    • Natural gas pipeline profits surge; oil flat

      Natural gas pipeline operators saw their net profits surge nearly 19% in 2007 to $4.8 billion. US oil pipeline operators’ profits, meanwhile, were nearly unchanged, despite a more than 5.6% increase in operating revenues.

    • Construction, other cost increases hit home
      Expanded drilling of various natural gas supply basins, particularly new large shale plays, and construction of new LNG import facilities has helped create a historic pipeline infrastructure buildup in North America.
  • Print Ad Index

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Available Webcasts



Global LNG: Adjusting to New Realties

When Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

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US Midstream at a Crossroads

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Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

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The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

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Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

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