Table of Contents

Oil & Gas Journal

08/16/2010
Volume 108, Issue 30
ogj 100816 cover.jpg
  • Regular Features

    • OGJ Newsletter
      International News for oil and gas professionals
    • Journally Speaking

      • EIA offers international data
        Energy statistics are necessary to keep up with industry research. While browsing the US Energy Information Administration's web site for an upcoming survey, this OGJ editor found a door to detailed international data on its home page.
    • Editorial

      • Exploiting tax confusion
        Among many faults of a US Senate proposal to repeal the manufacturer's tax deduction for large oil companies, the worst is not that it is arbitrary, spiteful, and—by any standard of taxation efficiency —unsound.
    • EQUIPMENT | SOFTWARE | LITERATURE
    • Advertisers Index
    • The Editor's Perspective

    • Market Journal

      • Light product stocks grew through July
        Light product inventories—gasoline, distillate, and jet fuel—grew for 9 consecutive weeks through the end of July "due to high production levels, increased gasoline imports (including blend stocks), and lackluster demand," said Jacques Rousseau, managing director of equity research, RBC Capital Markets, Reston, Va.
  • General Interest

    • M&A hits highest level in nearly 2 years
      Mergers and acquisitions in the US oil and gas sector hit the highest level in 1¾ years during the second quarter, said officials at PricewaterhouseCoopers LLP (PWC) in a recent report.
    • Macondo pressure test due before relief well resumes
      BP PLC planned another pressure test last week on the Macondo well in the Gulf of Mexico to gain more information about the condition of the annulus before penetration by a relief well.
    • Investors ask firms to outline deepwater risks, spill-response plans
      A group of investors sent letters to 27 oil and gas companies asking each company to disclose information by Nov. 1 regarding its spill prevention and response plans for offshore operations worldwide following the Gulf of Mexico oil spill.
    • Alaska senator offers draft on spill liability
      US Sen. Mark Begich (D-Alas.) proposed draft legislation to move discussions forward on developing alternatives to eliminating offshore oil spill liability limits.
    • EPA rejects petitions challenging GHG endangerment finding
      The US Environmental Protection Agency rejected 10 petitions challenging climate science behind its Dec. 7, 2009, finding that greenhouse gases threaten public health and the environment, and therefore can be regulated under the federal Clean Air Act.
    • Watching Government: Studying CBM water
      Regulatory framework complications, and not water quality, limit effective management of produced water from coalbed methane wells in five western US basins, a new National Research Council (NRC) report concluded.
    • Nationwide LCFS would raise GHGs in US, study finds
      Implementation of a nationwide low-carbon fuel standard (LCFS) would increase greenhouse gas (GHG) emissions by as much as 19 million tonnes/year, a study commissioned by the National Petrochemical & Refiners Association concluded.
    • Mexico plans careful regulation in deep water
      Mexico's formation of deepwater policies in response to the Macondo well blowout, Deepwater Horizon rig explosion, and crude oil spill probably will push drilling of Mexico's first deepwater well into 2011, said the president of its National Hydrocarbons Commission (CNH).
    • Watching The World: Uganda ups the ante
      The oil and gas industry rarely has a problem spotting politicians, especially when it comes to the matter of taxes.
    • UAE confirms terror link to Hormuz tanker attack
      Explosives experts in the United Arab Emirates confirmed a Japanese-owned oil tanker steaming through the Strait of Hormuz last week came under a terrorist attack.
    • Reliance joins Carrizo in Marcellus shale venture
      Reliance Industries Ltd., Mumbai, has taken another step into US unconventional resource plays by entering a venture that envisions the drilling of 1,000 wells in the Marcellus shale fairway.
    • Chukchi Sea seismic starting after federal judge's ruling
      A federal judge in Anchorage clarified his order enjoining Shell Gulf of Mexico Inc. from exploring its Chukchi Sea leases by allowing permitted seismic surveying to start, Alaska state officials said.
    • Denbury presses Gulf Coast EOR projects
      Denbury Resources Inc., Plano, Tex., started carbon dioxide injection June 29 in Oyster Bayou field in eastern Chambers County, Tex., and hopes to begin injecting at Hastings field south of Houston around the end of 2010.
    • MEG Energy ramps up Christina Lake bitumen production
      "Production volumes from our commercial operations at Christina Lake, which commenced in August 2009, have safely ramped up more rapidly than any other [steam-assisted gravity drainage] project that we are aware of, and with one of the lowest SORs," said Bill McCaffrey, MEG Energy Corp.'s chairman, president, and chief executive officer, in a recent company press release.

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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

When Fri, Mar 6, 2015

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.

This event is sponsored by Leidos Engineering.

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On Demand

The Future of US Refining

Fri, Feb 6, 2015

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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