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

Related Articles

OPEC supply surge swamps downturn in US tight-oil output

07/10/2015 Confession: Early this year, your correspondent predicted that oil production from shales and other low-permeability formations would be declining ...

Inhofe, Lankford say new BIA rules threaten Osage oil operations

07/10/2015 New US Bureau of Indian Affairs regulations that increase production expenses on tribal lands could put the Osage Nation out of business, Oklahoma’...

BHI: US rig count continues upward creep

07/10/2015 Although the overall US drilling rig count only edged up 1 unit to 863 rigs working during the week ended July 10, it represented the third consecu...

House panel’s crude export ban hearing weighs urgency against caution

07/10/2015 A US House Energy and Commerce subcommittee hearing on legislation to repeal the ban on exporting US-produced crude oil quickly broke along party l...

Chevron Phillips Chemical makes executive appointments

07/10/2015

Chevron Phillips Chemical Co. LLC has made several executive appointments, all effective Aug. 1.

Twelve workers killed in Nigeria pipeline explosion

07/10/2015 Eni SPA reported that an explosion occurred July 9 at the repair site for the Tebidaba-Clough Creek oil pipeline in Nigeria’s onshore Niger Delta.

Gov. Tomblin forms West Virginia oil, gas safety commission

07/10/2015 West Virginia Gov. Earl Ray Tomblin (D) established the oil and gas safety commission he announced in his 2015 State of the State address. The grou...

MARKET WATCH: NYMEX, Brent crude oil prices rebound more than $1/bbl

07/10/2015 Prices for US light, sweet crude oil and Brent crude each rebounded by more than $1/bbl on their respective markets July 9, and analysts attributed...

Lukoil taps new blending technology for Russian refinery

07/09/2015 OAO Lukoil has selected Honeywell Process Solutions (HPS), a division of Honeywell International Inc., to provide process control technology design...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
Available Webcasts


Driving Growth and Efficiency with Deep Insights into Operational Data

When Wed, Aug 19, 2015

Capitalizing on today’s momentum in Oil & Gas requires operational excellence based on a clear view of what your business data is telling you. Which is why nearly half* of oil and gas companies have deployed SAP HANA or have it on their roadmap.

Join SAP and Red Hat to learn more about using data to drive process improvements and identify new opportunities with the SAP HANA platform running on Red Hat Enterprise Linux. This webinar will also show how your choice of infrastructure impacts the performance of core business applications and your ability to achieve data-driven insights quickly and reliably.

*48% use SAP, http://go.sap.com/solution/industry/oil-gas.html

register:WEBCAST



On Demand

OGJ's Midyear Forecast 2015

Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST


Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


Looking for past issues? Click here.

Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected