Table of Contents
Oil & Gas Journal
09/21/2009
Volume 107, Issue 35
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Regular Features
- OGJ Newsletter
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Journally Speaking
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From oasis to education
Tucked in the woods of Osage County in northeastern Oklahoma was one man's hidden oasis.
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From oasis to education
- Equipment/Software/Literature
- Services/Suppliers
- Advertisers Index
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The Editor's Perspective
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Obama team sheds green-job leader but keeps his ideas
The imprudence over which Van Jones lost his job should not divert attention from the conviction that had propelled him into the administration of US President Barack Obama.
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Obama team sheds green-job leader but keeps his ideas
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Market Journal
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Surprise rally in gas prices
A four-session natural gas rally from a 7-year low culminated with a 15% jump past $3/MMbtu Sept. 10—the largest 1-day gain in almost 5 years in the New York market.
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Surprise rally in gas prices
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General Interest
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Editorial: Doing-nothing fantasies
Among the myriad falsehoods that attach themselves to oil and gas in politics, one of the most persistent is also one that should be easy to see through.
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Special Report: OGJ150 group's profits, oil production slide in 2008
The OGJ150 group of US oil and gas producers posted a sharp decline in 2008 earnings despite an increase in revenues.
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Special Report: OGJ100 firms log increases in 2008 earnings, capex
Oil & Gas Journal's survey of the 100 leading oil and gas producers based outside the US shows that most of these firms posted improved financial results from a year earlier.
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White House may try to repeal other industries' tax breaks
US President Barack Obama's administration is studying whether to propose repeals of tax breaks for other industries besides oil and gas, a US Department of the Treasury official told a US Senate subcommittee on Sept. 10.
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Administration attempts to justify tax proposals surprise API's Gerard
American Petroleum Institute Pres. Jack N. Gerard expressed surprise at an Obama administration official's apparent attempt on Sept. 10 to justify proposals to repeal oil and gas tax incentives by saying that it is looking at other industries' tax breaks too.
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Lawmakers moving toward compromise on House OCS bill
Responding to US House Natural Resources Committee Republican complaints that the Outer Continental Shelf bill he cosponsored with US Rep. Tim Murphy (R-Pa.) didn't go far enough, Rep. Neil Abercrombie (D-Ha.) said bipartisan compromises would be more productive than extreme positions.
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Senate Energy panel weighs cap-and-trade alternatives
US Senate Energy and Natural Resources Committee members appeared ready to consider cap-and-trade alternatives as they began their 2009 climate-change hearings on Sept. 15.
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Watching Government: CFTC's role in cap-and-trade
The US Commodity Futures Trading Commission expects to actively participate in any federal carbon cap-and-trade regulation, CFTC Chairman Gary G. Gensler told a US Senate committee on Sept. 9.
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GAO says MMS may be forfeiting millions in RIK gas revenue
The US Minerals Management Service may be forfeiting millions of dollars in natural gas royalties under its royalty-in-kind (RIK) program because it apparently isn't identifying and collecting on imbalances, the Government Accountability Office said.
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Rahall introduces major federal mineral policy reform bill
US House Natural Resources Committee Chairman Nick J. Rahall (D-W.Va.) introduced a major federal minerals policy reform bill on Sept. 8.
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Watching The World: Romania's on the map
Romania's oil and gas industry is beginning to turn some heads these days, with an international energy conference scheduled for Sept. 30-Oct. 2 and new production commencing offshore.
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OPEC sees world oil demand to rise in 2010
The Organization of Petroleum Exporting Countries, standing by an earlier forecast, predicted that world oil demand will decline slightly in 2009 but will resume growing in 2010.
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Editorial: Doing-nothing fantasies
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Exploration & Development
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Exploration eyed in Arizona's Holbrook, Great Basin areas
Exploration is planned in eastern and northwestern Arizona in the Holbrook basin and in a subbasin of the Basin and Range Province.
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ConocoPhillips, Lane to explore Polish shale gas
3Legs Resources PLC unit Lane Energy Poland has signed an agreement with ConocoPhillips for joint evaluation of Lane's six Baltic basin licenses covering 4,000 sq km in Poland.
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Newfield Exploration sees commercial project off China
Newfield Exploration Co., Houston, has established more than 30 million bbl of recoverable oil worth a commercial development on 510,000-acre Block 16/05 east-southeast of Hong Kong in the Pearl River Mouth basin off China and sees several years of active drilling.
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BLM begins scoping period for EOG Uinta gas project
A 30-day public scoping period for a large natural gas infill project proposed by EOG Resources Inc., Houston, in eastern Utah began on Sept. 9, the US Bureau of Land Management's Vernal, Utah, field office announced.
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Exploration eyed in Arizona's Holbrook, Great Basin areas
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Drilling & Production
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Steam distillation effects improve thin, light-oil reservoir recoveries
A study has shown that steamflooding distillation effects would improve crude recovery from thin reservoirs with less viscous crude.
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Steam distillation effects improve thin, light-oil reservoir recoveries
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Processing
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New correlation predicts flue gas sulfuric acid dewpoints
A new correlation accurately predicts the flue-gas sulfuric-acid dewpoints to mitigate corrosion problems in process equipments and heat-recovery systems.
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New correlation predicts flue gas sulfuric acid dewpoints
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Transportation
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China's strategic reserves capacity to double by 2011
China's strategic petroleum reserves capacity will have doubled by 2011-12. This rapid expansion of Chinese petroleum storage capability, coupled with robust growth in oil demand, will only see China's demand for imports—particularly of crude oil—grow.
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China's strategic reserves capacity to double by 2011
