Table of Contents
Oil & Gas Journal
06/07/2010
Volume 108, Issue 20
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Regular Features
- OGJ Newsletter
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Letters
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There's the rub
It is possible that the Deepwater Horizon debacle will have the same kind of damper effect on offshore oil output that Three Mile Island and Chornobyl did on nuclear energy.
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There's the rub
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Journally Speaking
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A bizarre waltz
When an elected government wants to commandeer economic decision-making, people should have the chance to vote on its plans.
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A bizarre waltz
- Equipment/Software/Literature
- Services/Suppliers
- Advertisers Index
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The Editor's Perspective
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Flow rate dust-up shows discomfort with imprecision
Of all the concerns raised by the Macondo blowout in the Gulf of Mexico, imprecision of the flow rate should rank low on a scale of urgency.
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Flow rate dust-up shows discomfort with imprecision
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Market Journal
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Investors regain risk appetite
After intraday trading as low as $67.15/bbl earlier in the week, the July contract for benchmark US light, sweet crudes rebounded to $74.55/bbl May 27 on the New York Mercantile Exchange in a 2-day rally that some hoped signaled a return of investors' risk appetite, although the contract fell to $73.97/bbl in the next session.
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Investors regain risk appetite
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General Interest
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Editorial: Enlarging government
A bitter consequence of an offshore tragedy is the political excuse it supplies for a process capable of ravaging the oil and gas industry, taxpayers, and energy consumers.
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Program steers oil sands start-up toward long term
While every long-term asset play begins life as a start-up, not every start-up succeeds in becoming a sustainable long-term asset.
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BP tries new response to gulf spill
BP PLC gave up "top kill" efforts to halt the leaking Macondo oil and gas well in the Gulf of Mexico, instead moving to install another collection system pending completion of at least one of the two planned relief wells, not expected before August.
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Scientists estimate higher flow rate in gulf spill
A team of scientists and government officials reviewing the oil spill in the Gulf of Mexico came up with flow rate estimates of 12,000-25,000 b/d, depending on the methodology used.
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US Interior provides details as it implements Obama's offshore orders
The US Department of the Interior began to implement new safety requirements for offshore oil and gas activities in response to President Barack Obama's May 27 order.
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Watching Government: Studying climate change
Three reports from the National Academies of Science on May 19 are giving climate-change legislation advocates new ammunition in their battle to have Congress enact a bill.
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IPAA, IADC warn of extended drilling ban's impacts
Extending a drilling ban in many parts of the Gulf of Mexico could have serious economic impacts on the US Gulf Coast, officials of two oil and gas associations said separately on May 28 in response to announcements made the previous day by the Obama administration.
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DOJ launches civil, criminal inquiries into gulf oil spill
The US Department of Justice has opened civil and criminal investigations into the Apr. 20 Gulf of Mexico deepwater well blowout and rig explosion that killed 11 people and set off a major crude oil leak, US Atty. Gen. Eric H. Holder Jr. said on June 1.
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Fitch: Deepwater drilling suspension to jolt rig owners
Rig owners face financial jolts and business adjustments after the shutdown of deepwater drilling in response to the Apr. 20 Transocean Deepwater Horizon tragedy and continuing oil spill.
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Macondo blowout prompts reviews outside US
The Macondo blowout and oil spill in the Gulf of Mexico is prompting groups in other countries to review offshore regulations and procedures.
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Venezuelan oil output set for rise
Venezuela's President Hugo Chavez said his country will increase its oil production by 300,000 b/d toward yearend, but did not detail which fields the additional supplies would come from.
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Watching The World: Turkmenistan's 'lucky path'
Turkmenistan's President Gurbanguly Berdymukhammedov, eying increased exports of his country's natural gas, last week participated in a ceremony to weld the first pipes of the East-West gas pipeline.
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Study: Houston refineries vulnerable to moderate hurricane
A moderately powerful hurricane could cripple Houston's refineries and petrochemical industry, said a report from experts at several Texas universities.
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US energy-security risk expected to rise
A sharp improvement in energy-security risk in the US last year coincided with economic crisis and doesn't represent the start of a trend, according to an assessment by the Institute for 21st Century Energy.
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Editorial: Enlarging government
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Exploration & Development
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GULF COAST ECONOMIC LIMITS—1: Economic limits estimated for US gulf coastal fields
When the revenue generated from an oil and gas field is less than the cost of operation, the field is no longer considered an asset and production ceases.
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GULF COAST ECONOMIC LIMITS—1: Economic limits estimated for US gulf coastal fields
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Technology
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Special Report: Worldwide Gas Processing: New plants, data push global gas processing capacity ahead in 2009
New gas processing capacity in the US, Middle East, and Africa and new and adjusted capacities for Russian processing combined in 2009 to reflect a nearly 3% gain worldwide.
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Special Report: Worldwide Gas Processing: New plants, data push global gas processing capacity ahead in 2009
New gas processing capacity in the US, Middle East, and Africa and new and adjusted capacities for Russian processing combined in 2009 to reflect a nearly 3% gain worldwide.
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Special Report: Worldwide Gas Processing: Global LPG markets begin recovery from recession
Pricing in global LPG markets has fluctuated wildly in the past 2 years.
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Special Report: Worldwide Gas Processing: Impact of shale plays on LPG supply remains uncertain
Commercial development of shale gas with directional drilling and hydraulic fracturing is for the present almost entirely restricted to North America.
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Special Report: Worldwide Gas Processing: Global LPG markets begin recovery from recession
Pricing in global LPG markets has fluctuated wildly in the past 2 years.
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Special Report: Worldwide Gas Processing: Impact of shale plays on LPG supply remains uncertain
Commercial development of shale gas with directional drilling and hydraulic fracturing is for the present almost entirely restricted to North America.
- Nelson-farrar cost indexes
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POINT OF VIEW: Shell streamlines major project delivery group
Since mid 2009, Royal Dutch Shell PLC began streamlining its organization for carrying out major projects.
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Study details HVDC stray-current effects on pipelines
Currents from high-voltage direct current faults can damage underground-underwater pipelines.
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Special Report: Worldwide Gas Processing: New plants, data push global gas processing capacity ahead in 2009
