Table of Contents

Oil & Gas Journal

07/19/2010
Volume 108, Issue 26
100719 ogj cover.jpg
  • Regular Features

  • General Interest

    • Editorial: Can it happen again?
      Imagine this: The US government comes to its senses, allows drilling to resume in deep water of the Outer Continental Shelf, and it happens again.
    • E&P costs: permanently high or cresting a cycle?
      Historically, asset price booms have been accompanied by arguments that a "new paradigm" has been reached, whether the issue is 19th Century railroad stocks, 1920s agricultural prices, or dot-com stocks in the 1990s.
    • Scientists, BP delay well integrity test for 24 hr
      BP PLC and federal officials delayed an integrity test on the runaway Macondo well in the Gulf of Mexico for 24 hr, saying they needed time for analysis before trying to shut in the well on Mississippi Canyon Block 252.
    • Salazar orders second deepwater drilling ban, with changes
      US Interior Sec. Ken Salazar ordered a second deepwater oil and gas drilling moratorium based on drilling configurations and technologies instead of water depths.
    • Watching Government: DOI pressed to release report
      When US Interior Sec. Ken Salazar, soon after taking office, ordered the Bureau of Land Management to cancel 77 leases from a December 2008 lease sale in Utah, he said the tracts were included under pressure from the previous administration, and that their resource management plans were products of a flawed process.
    • EIA hikes production loss estimate from deepwater ban
      The Obama administration's 6-month deepwater drilling moratorium will reduce US crude oil production by an estimated 31,000 b/d during this year's fourth quarter, the US Energy Information Administration predicted in its latest short-term energy outlook.
    • IEA sees decline in global oil-demand growth next year
      Global oil demand will not grow by as much next year as it is expected to do this year, while supply from outside the Organization of Petroleum Exporting Countries will continue to surge, says the International Energy Agency.
    • Coal displacement could strain US gas supplies
      A push in the US to cut emissions of carbon dioxide by 20% would strain domestic supplies of natural gas and require new supply of energy from nuclear and renewable sources for power generation.
    • Venezuelan outages, Canadian oil help US refiners
      Refinery problems in Venezuela and increased deliveries of crude oil from Canada are brightening the outlook for US refiners, says Deutsche Bank Securities Inc.
    • Oil minister calls Sudan-Kenya line 'uneconomical'
      Sudan's Minister of Oil Lual Deng called a proposed oil pipeline to Kenya from southern Sudan "uneconomical."
    • Watching The World: Saudis vs. ESPO
      The oil and gas industry is being treated to a new burst of competition with the development of Russia's East Siberia-Pacific Ocean (ESPO) pipeline with its own blend of crude.
    • Cost pressure, demand seen boosting US gas price
      The price of natural gas in the US will increase to $6.50-7/MMbtu by 2015 because of cost pressure and rising demand, a Wood Mackenzie analyst told a conference in Denver.
    • DOE-backed test shows 'huff-and-puff' EOR method can work for CCS
      A North Dakota field test by one of the US Department of Energy's regional carbon capture and storage partnerships demonstrated that an enhanced oil recovery method known as "huff and puff" can simultaneously assess geological formations' carbon sequestration potential, DOE's Fossil Fuels Office announced.
    • Keyera expands Alberta gas processing presence
      Keyera Facilities Income Fund is expanding its gas processing capability in west central Alberta.
  • Exploration & Development

    • Congo president cancels Tullow block agreements
      Congo (former Zaire) President Joseph Kabila has canceled an agreement with Tullow Oil PLC for two exploration blocks in the country's remote, environmentally sensitive interior, awarding them instead to companies owned by a relative of South Africa's president.
    • McMoRan shelf deep sidetrack penetrations progress
      McMoRan Exploration Co., New Orleans, had indications of potential hydrocarbon-bearing zones at the Blueberry Hill deep gas sidetrack location on the Gulf of Mexico shelf, where it is also making hole on ultradeep appraisal wells on the Davy Jones and Blackbeard East prospects.
    • Beach flows high condensate in Cooper basin
      Beach Energy Ltd., Adelaide, has tested an unexpectedly high condensate flow in its Canunda-1 wet gas discovery in the PEL 106B permit in the western Cooper basin of South Australia.
  • Technology

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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?

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US Midstream at a Crossroads

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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.

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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.

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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.

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