Table of Contents

Oil & Gas Journal

10/27/2008
Volume 106, Issue 40
ogj10640_cover
  • Regular Features

    • OGJ Newsletter

    • Letters

      • Warming letter reply
        You know you are being effective when people complain about you. The letter in the Sept. 8, 2008, p. 12).
    • Journally Speaking

      • Musings on ‘M’
        Symbology is a big word that refers to a simple process—a shorthand of symbols or abbreviations to stand for longer words, phrases, concepts, calculations, and so forth.
    • Equip/Software/Lit

      • Equipment/Software/Literature
        The latest version of rig activity scheduler (RAS) software—Version 3.0—promises to help take the guesswork out of assigning rigs to wells and enables upstream operations to utilize drilling, completion, and workover rigs more efficiently.
    • Services/Suppliers

      • Services/Suppliers
        Houston, has named Mark Weber president and Dr. Luiz Braga vice-president, global business development.
    • Advertisers’ Index
    • Editor's Perspective

    • Market Journal

      • OPEC regains market attention
        Although the faltering economy has been driving down energy prices in recent months, the November US crude contract rebounded $2 to $71.85/bbl Oct. 17 on the New York Mercantile Exchange in anticipation that the Organization of Petroleum Exporting Countries would cut production at its Oct. 24 meeting in Vienna.
  • General Interest

    • Editorial: Makings of a new mess
      A sobering aspect of the global financial crisis is comprehensive failure of officials and experts, first, to see the problem coming and, next, to appreciate its severity until full-blown calamity was at hand.
    • Economics on Fischer-Tropsch coal-to-liquids method updated
      Montana’s Crow Nation and Australian-American Energy Co. reported in August that they will jointly construct a $7 billion coal-to-liquid (CTL) fuels plant in southeastern Montana.
    • USGS estimates ANS holds 85.4 tcf of gas hydrates
      There are 85.4 tcf of undiscovered, technically recoverable natural gas resources in gas hydrates on the Alaskan North Slope, reported the US Geological Survey on Oct. 18.
    • Watching Government: Energy debate in final weeks
      As the 2008 election campaigns entered the home stretch, the two major presidential nominees left discussion of energy issues to surrogates.
    • Alaska to get $80 million in coastal impact aid
      Alaska will receive as much as $80 million of coastal impact assistance authorized under Section 384 of the Energy Policy Act of 2005 (EPACT 2005), said the US Minerals Management Service on Oct. 16.
    • DOE generates electricity from producing well’s hot water
      Electricity has been generated successfully from a producing oil well’s geothermal hot water for the first time, reported the US Department of Energy’s Fossil Fuel Office on Oct. 16.
    • FACTS: Iran needs timely completions in South Pars
      Iran’s natural gas production from South Pars gas field Phases 6, 7, 8, and 9—all expected to be completed this fall—could prevent another massive energy crisis in Iran this winter, according to Siamak Adibi in a September FACTS Global Energy Energy Briefs report.
    • IEA: Rising demand threatens long-term gas supply security
      Over the last 18 months, natural gas prices have continued to rise steadily in both established and new markets “not only a reflection of higher demand, but also of a delayed supply response,” said Nabuo Tanaka, executive director of Paris-based International Energy Agency, in his introduction of the 2008 Natural Gas Market Review, released last week.
    • Pertamina under increased parliamentary scrutiny
      Indonesia’s state-owned PT Pertamina has come under increased parliamentary scrutiny for further alleged irregularities in its importation of foreign oil products.
    • Indonesia awards contracts, opens new bidding round
      Indonesia’s Ministry of Energy and Mineral Resources announced the award of 22 new oil and gas blocks to investors, out of the 25 it offered for bids.
    • Indonesia expects E&P investment to reach $375 million
      Indonesia expects investments to reach $375 million for the 22 oil and gas blocks it awarded on Oct. 17, according to Evita H. Legowo, director general for oil and gas.
    • Pertamina moves in on Kodeco, CNOOC
      Indonesia’s state-owned PT Pertamina, in line with the country’s developing policy of resource nationalism, is vying with partner Kodeco Energy Ltd. to become the operator of the offshore Madura oil and gas block.
    • Watching The World: Will Russia join OPEC?
      Much has been said over recent months about the possibility of Russia joining the Organization of Petroleum Exporting Countries.
  • Exploration & Development

  • Drilling & Production

  • Processing

  • Transportation

Related Articles

Statoil reduces capital budget by $2 billion following 4Q losses

02/06/2015 Statoil ASA has reduced its organic capital expenditure to $18 billion in 2015 from $20 billion in 2014. The move comes on the heels of a fourth qu...

Chinese regulators approve Sinopec’s plan for grassroots refinery

02/06/2015 China’s National Development and Reform Commission (NDRC) has approved Sinopec Beijing Yanshan Petrochemical Co. Ltd., a subsidiary of China Nation...

BHI: US rig count down 87 units in 10th straight week of losses

02/06/2015 The US drilling rig count plunged 87 units, a decline that was again spurred mostly by oil rigs, to settle at 1,456 rigs working during the week en...

BOEM schedules public meetings about draft proposed 5-year OCS plan

02/06/2015 The US Bureau of Ocean Energy Management will hold the first of 20 public meetings in Washington on Feb. 9 to receive public comments on potential ...

Union strike ongoing at US refineries as negotiations continue

02/06/2015 A strike by union workers at nine US refining and petrochemical production plants remains under way as the United Steelworkers Union (USW) continue...

NCOC lets $1.8-billion pipeline contract for Kashagan field

02/06/2015 North Caspian Operating Co. (NCOC) has let a $1.8-billion engineering and construction contract to ERSAI Caspian Contractor LLC, a subsidiary of Sa...

Lundin finds gas in Zulu prospect offshore Norway

02/06/2015 Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, encountered Utsira formation sand with “very good reservoir quality” while dril...

AOPL releases 2015 safety performance and strategic planning report

02/06/2015 The Association of Oil Pipe Lines is committed to further improvements despite a 99.99% safe petroleum liquids delivery rate, AOPL Pres. and Chief ...

MARKET WATCH: NYMEX oil price bounces back up somewhat

02/06/2015 Crude oil prices on the New York market bounced up $2/bbl to settle slightly above $50/bbl Feb. 5. The positive momentum continued during early Jan...

White Papers

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

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...

6 ways for Energy, Chemical and Oil and Gas Companies to Avert the Impending Workforce Crisis

As many as half of the skilled workers in energy, chemical and oil & gas industries are quickly he...
Sponsored by

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?

register:WEBCAST


US Midstream at a Crossroads

When Fri, Mar 6, 2015

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.

register:WEBCAST



On Demand

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.

register:WEBCAST


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.

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