Table of Contents
Oil & Gas Journal
03/16/2009
Volume 107, Issue 11
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Regular Features
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OGJ Newsletter
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Journally Speaking
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Oil and aviation safety
If you’ve never worked with radar, you can’t fully appreciate the contribution oil companies in the Gulf of Mexico are making to the safety of air transportation….
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Oil and aviation safety
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Equip/Software/Lit
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Equipment/Software/Literature
Newly released RMS2009 is a redesigned version of reservoir modeling solution IRAP RMS.
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Equipment/Software/Literature
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Services/Suppliers
- Advertisers Index
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Editor's Perspective
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Strange thinking steers assault on oil, gas, economy
Just when it seems utterances from Washington, DC, can’t get any loonier, someone in the Obama administration says what he thinks.
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Strange thinking steers assault on oil, gas, economy
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Market Journal
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Cycle sinking ‘deeper, longer’
This down-cycle for oil and gas will be “deeper and longer than most expect, with oil consumption falling for 3 years—the longest period since the early 1980s,” warned analysts at Friedman, Billings, Ramsey & Co. Inc. (FBR) in Arlington, Va.
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Cycle sinking ‘deeper, longer’
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General Interest
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Editorial: Fix the misunderstanding
In a fight over energy policy that is fast becoming fateful, the US oil and gas industry has more than a political problem.
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COMMENT: Renewables not adaptable to large-scale installations
Proponents of renewable energies frequently say those energy forms will become economic when accomplished on a very large scale.
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Fourth-quarter results slide on weaker oil, gas prices
Collectively, a sampling of US and Canadian operators posted dismal results for the fourth quarter of 2008.
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STAFF COMMENT: Think-tank advocates emergency gasoline stockpile
A Rice University think-tank said the US government should require the oil industry to maintain “average minimum gasoline inventories” to prevent emergency supply shortages and price spikes that occurred after hurricanes hit the Gulf Coast in 2005 and 2008.
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EIA outlook lowers oil, gas demand forecast
In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration has lowered its projections for oil and natural gas demand in 2009-10 as the global economic contraction continues to depress energy demand.
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Deutsche Bank analyzes oil production costs
A recent Deutsche Bank analysis finds that in the short term, oil prices likely would have to fall to $20/bbl and below for nonmembers of the Organization of Petroleum Exporting Countries to shut in a large amount of production.
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EPA proposes CO2, greenhouse gas reporting rule
The US Environmental Protection Agency has proposed the first comprehensive national system for reporting emissions of carbon dioxide and other greenhouse gases produced by major sources.
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Watching Government: Energy and water
The US Congress is finally ready to talk about the relationship between energy and water.
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Watching The World: Strike oil, get financing
The global financial crisis is hurting eastern Africa’s efforts to find oil and gas as prospectors cut back on investment and activities, according to one energy official from the region.
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Editorial: Fix the misunderstanding
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Exploration & Development
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Iowa Forest City prospect may be large Paleozoic trap
A 1930s type oil field prospect exists in the Forest City basin in southwestern Iowa.
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Iowa Forest City prospect may be large Paleozoic trap
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Drilling & Production
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Pattern recognition-based approach finds rotating steering system faults
A pattern recognition-based anomaly detection system for bottomhole assemblies can determine whether the tools in the BHA are operating in a nominal or degraded mode.
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Pattern recognition-based approach finds rotating steering system faults
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Processing
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Special Report: Extraction route economical for benzene reduction, even for smaller US refiners
A recent study quantified the economic incentive for extraction vs. saturation to lower the amount of benzene in a typical US refinery gasoline product.
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Special Report: Change in Russian export duties unlikely to affect margins
Falling crude prices could upset the symmetry between duties on crude and products in Russia, potentially changing the incentives and actions of refiners there, according to a recent Refinery Evaluation Model Insight from Wood Mackenzie.
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Special Report: Extraction route economical for benzene reduction, even for smaller US refiners
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Transportation
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Company name change requires diligent execution
Changing a pipeline company’s name following a merger or acquisition requires a comprehensive, unified approach.
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Petrobras gains floating regas vessel for first LNG terminal
Petrobras In January took delivery of the world’s first floating storage and regasification vessel, the Golar Spirit, following commissioning tests on the vessel’s regasification trains.
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Company name change requires diligent execution
