Table of Contents

Oil & Gas Journal

11/15/2010
Volume 108, Issue 43
101115ogj cover.jpg
  • Regular Features

    • OGJ Newsletter
    • Journally Speaking

      • Obama money policy hit
        Even before the Nov. 10 opening of the Group of 20 Summit in South Korea, President Barack Obama was slammed by foreign finance ministers for artificially lowering the value of the dollar through Federal Reserve Chairman Ben Bernanke's latest economic stimulation plan.
    • Editorial

      • Comprehensive mistakes
        John Boehner deserves applause for a mostly overlooked change he has promised to make as speaker of the House of Representatives in the 112th Congress.
    • EQUIPMENT | SOFTWARE | LITERATURE
    • Advertisers Index
    • The Editor's Perspective

    • Market Journal

      • Fed plan rallies oil prices
        The December crude contract climbed 0.9% Nov. 3 in the New York Mercantile Exchange when Federal Reserve Chairman Ben Bernanke announced plans to buy $600 billion of Treasuries over the next 8 months to stimulate the US economy, triggering a sharp drop in the US dollar.
  • General Interest

    • Well design for Macondo laid foundation for problems, panel told
      Decisions made during the design phase of the deepwater Macondo well led to conditions in the hours before the well's blowout on Apr. 20 that left the crew with inadequate and incorrect information and not enough time to respond, experts told US President Barack Obama's independent commission investigating the accident and subsequent oil spill on Nov. 9.
    • Agencies discuss access to Deepwater Horizon BOP
      The US Chemical Safety and Hazard Investigation Board and a federal Joint Investigation Team (JIT) are discussing who gets direct access during a forensic analysis of the Deepwater Horizon semisubmersible's failed blowout preventer.
    • Macondo well plugged with memorial cap
      Eleven stars adorn a cap used in the plugging-and-abandonment process on BP PLC's Macondo well in the Gulf of Mexico where an Apr. 20 blowout trigged an explosion and fire on Transocean Ltd.'s Deepwater Horizon semisubmersible that killed 11 workers.
    • Watching Government: Obama adjusts agenda
      The day after congressional Democrats took what he termed "a shellacking" in midterm elections, US President Barack Obama told reporters that he was ready to seek compromises with Republicans, and that energy would be a good place to start.
    • EPA issues subpoena to Halliburton for frac fluid ingredients
      The US Environmental Protection Agency subpoenaed Halliburton Co. on Nov. 9 as eight other hydraulic fracturing fluid suppliers voluntarily provided information about their products' ingredients for the federal regulator's congressionally mandated study of the shale gas production process.
    • Pacific Rubiales Energy seeks downstream market integration
      Pacific Rubiales Energy Corp., Toronto, having grown over the past 3 years to become Colombia's second-largest oil and gas operator, plans to seek downstream market integration and a more substantive integration in host countries in which it operates.
    • EOG to continue selling certain natural gas assets
      Houston independent EOG Resources Inc. plans to continue its strategy of selling certain natural gas assets going into 2011 after a comparison of its inventory of liquids-rich drilling opportunities against depressed gas prices, said Mark G. Papa, chairman and chief executive officer.
    • El Paso plans one-rig Wolfcamp shale oil program into 2011
      El Paso Corp. plans to spud a well during November in its Wolfcamp shale oil acreage in West Texas as part of a one-rig program focused on finding the optimal lateral length and completion method before the company ramps up Wolfcamp drilling activity during 2011.
    • ANP: Libra find could double Brazil's crude oil reserves
      Brazil's National Petroleum Agency (ANP) said the country's offshore Libra subsalt oil discovery could hold as much as 15 billion bbl of oil—a figure 2.4 billion bbl greater than the country's existing reserves.
    • BG revises upwards resource estimates off Brazil
      BG Group raised its estimate of economically recoverable gross resources by 2.7 billion boe for Tupi, Iracema, and Guara fields in the Santos basin, off Brazil.
    • Ivanhoe submits application for Tamarack SAGD project
      Ivanhoe Energy Inc. submitted a regulatory application to the government of Alberta for producing bitumen from the Tamarack steam-assisted gravity drainage project in northeast Alberta.
    • Watching The World: A cat among the pigeons
      Kohei Nakanishi, managing director of Japan Bank for International Cooperation, recently said his country is expecting "very much" from Russian oil and gas suppliers.
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Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

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