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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