Oil & Gas Journal Articles, Apr 2010

Regular Features
- OGJ Newsletter
- Letters
  - Declining production
    In "Oil market uncertainty," what your economics editor and the Centre for Global Energy Studies seem to have forgotten is that the existing OPEC production base is in decline.
- Journally Speaking
  - April Fool emission rules
    On Apr. 1—April Fools Day—in response to "one of the first major directives" of the administration of President Barack Obama, the US Department of Transportation and the Environmental Protection Agency jointly established new federal rules that set the first-ever national greenhouse gas emissions standards, claiming it will increase the fuel economy of all new passenger cars and light trucks sold in the US effective 2012-16.
- Equipment/Software/Literature
- Services/Suppliers
- Advertisers Index
- The Editor's Perspective
  - Promises on new OCS leasing tend to be backwards
    Listening to the Obama administration discuss expanded Outer Continental Shelf leasing is like looking through the wrong end of a telescope. Everything seems backwards.
- Market Journal
  - A world of $80-90/bbl oil
    It is "now quite definitely a $80-90/bbl world" for crude prices, "and within that world $90 may well prove to be a relatively elastic upper bound," said Paul Horsnell, managing director and head of commodities research at Barclays Capital in London, on Apr. 9.
General Interest
- Editorial: Innovation and surprise
  A tenet of energy thinking in Europe and the US holds that innovation will rescue developed economies from their dependence on fossil energy and should be encouraged to do so.
- Special Report: EOR/Heavy Oil Survey: POINT OF VIEW: SPE IOR conference chair laments lack of R&D funds
  US funding for basic enhanced and improved oil recovery research and development is as scarce as it's ever been, says Dwight Rychel, general chair of the biennial Society of Petroleum Engineers Improved Oil Recovery Symposium, to be held Apr. 24-28 in Tulsa.
- Experts see shale gas affecting overseas supplies
  Potential natural gas production from shale formations has dramatically improved North America's supply outlook, three panelists agreed during a Washington energy conference.
- Watching Government: EPA retreats on NSR
  Refiners have more pressing regulatory issues with the US Environmental Protection Agency. But they still paid attention to its Mar. 30 proposal to revoke its January 2009 rule that aimed to simplify its New Source Review permitting program.
- Conference: Government mulls energy commodity regulations
  While purely financial players have become increasingly prominent in energy commodity markets and new regulations appear likely, stronger evidence is needed that they created crude oil price spikes in 2008, several panelists said Apr. 6 at an energy conference in Washington, DC.
- US senator asks Gates for thoughts on OCS plan
  US Sen. Bill Nelson (D-Fla.) asked US Secretary of Defense Robert M. Gates for his reaction to US Interior Secretary Ken Salazar's plan to expand federal oil and gas leasing in the eastern Gulf of Mexico.
- USGS asked to study Arctic oil, natural gas exploration impacts
  The US Geological Survey will review information about the Beaufort and Chukchi seas, including studies by other scientific organizations, to help guide federal oil and gas policies on the Arctic Ocean's Outer Continental Shelf, US Interior Secretary Ken Salazar announced on Apr. 13.
- AAPG: Unconventional thinking parlays advances
  The oil and gas exploration business has advanced because its people exercised unconventional thought, and more strides are possible, a Chevron Corp. official told the American Association of Petroleum Geologists annual conventional Apr. 12 in New Orleans.
- API hits GHG rules set with new CAFE standards
  The American Petroleum Institute expressed concerns about greenhouse gas regulations being included in a new rule the US Environmental Protection Agency and Department of Transportation issued for fuel economy standards.
- Cedigaz: Rise in global UGS capacity to be robust to 2020
  Paris-based gas association Cedigaz, in its 2010 survey of global underground gas storage (UGS) capacity, noted that the number of UGS facilities has jumped to 642 from 610, with a working capacity of 333 billion cu m (bcm) in January from 319 bcm in 2006, when the previous survey was published.
- BLM suspends some lease sales to review GHG emissions
  The Bureau of Land Management office in Billings, Mont., said Apr. 8 that it delayed some oil and gas lease sales pending BLM's completion of environmental reviews on possible greenhouse gas emissions from oil and gas activities.
- Shell taking closer look at Indonesia's prospects
  Royal Dutch Shell PLC, which has been absent from Indonesia for many years, is now considering new investments in the country's upstream and downstream sectors, according to Chief Executive Officer Peter Voser.
- Watching The World: Thumbs up for Shell, PetroChina
  With good reason, Australia's Foreign Investment Review Board recently gave Royal Dutch Shell PLC and PetroChina the thumbs up for their $3.45 billion joint bid for Arrow Energy Ltd.
- GAO: MMS Alaska unit's NEPA review practices flawed
  The lack of a comprehensive guidebook, combined with high staff turnover in recent years, potentially handicaps the US Minerals Management Service's Alaska regional office's efforts to adequately develop federal environmental assessments, the US Government Accountability Office said.
Exploration & Development
- CHINA'S ENDOWMENT—1: China assesses conventional resources in 115 basins
  The China National Petroleum Assessment (2003-07) evaluated conventional oil and gas resources in 115 Chinese basins.
- EOG sees Eagle Ford shale as major US oil discovery
  EOG Resources Inc. has accumulated acreage across six counties in the Eagle Ford play of South Texas where the Houston independent has drilled 16 delineation wells over a 120-mile trend.
Technology
- Special Report: EOR/Heavy Oil Survey: CO₂ miscible, steam dominate enhanced oil recovery processes
  Carbon dioxide injection and steam injection process as shown in Oil & Gas Journal's exclusive biennial enhanced oil recovery (EOR) survey, p. 41, account for most of the enhanced oil recovered in the world.
- Special Report: EOR/Heavy Oil Survey: 2010 worldwide EOR survey
- Saudi Aramco studies long-term storage effects on FCCU gasolines
  Gasoline produced in a fluid catalytic cracking unit has elevated octane rating, but its olefinic structure makes it less chemically stable than other gasoline components.
- CO₂ PIPELINES — Conclusion: Impurity types, concentration influence hydraulic design
  Real CO₂ streams—those from CO₂-capture plants likely to contain impurities as opposed to pure CO₂ streams—will likely contain at least 95 mole % CO₂ but will also contain impurities generated in the individual power plant and carbon capture-related facilities.

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Issue 14

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Oil & Gas Journal

Regular Features

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