Table of Contents

Oil & Gas Journal

11/22/2010
Volume 108, Issue 44
101122 ogj cover.jpg
  • Regular Features

    • OGJ Newsletter
      International News for Oil and Gas professionals
    • Journally Speaking

      • Global energy, cubed
        An interesting perspective on meeting the challenges of rising global energy demand is offered in the book, A Cubic Mile of Oil: Realities and Options for Averting the Looming Global Energy Crisis, published this year by Oxford University Press Inc. (OUP).
    • Editorial

      • Offshore NEPA review
        The problem with environmental documentation prepared for the ill-fated Macondo well in the Gulf of Mexico was not the amount of study conducted.
    • EQUIPMENT | SOFTWARE | LITERATURE
    • Advertisers Index
    • The Editor's Perspective

    • Market Journal

      • G20 failure drags down oil prices
        Crude prices, US stock markets, and corporate energy stocks fell Nov. 12 as the Group of 20 (G20) major world economies refused to back a US effort to get China to raise the value of its currency.
  • General Interest

    • National scientific academies criticize Macondo well procedures
      Numerous technical and operation breakdowns that contributed to the Macondo well accident and subsequent crude oil spill in the deepwater Gulf of Mexico suggest there was no suitable approach for managing the inherent risks, uncertainties, and dangers associated with deepwater drilling, a National Academy of Engineering and National Research Council joint committee said in an interim report on Nov. 17.
    • Macondo actions did not sacrifice safety to save money, panel told
      Decisions made in the hours before the Macondo deepwater well blew out on Apr. 20 apparently did not subordinate safety to save money, the chief investigator of US President Barack Obama's independent oil spill commission said as the panel, which is investigating the accident and subsequent oil spill, began a 2-day hearing on Nov. 8.
    • Macondo partners parry payment claims from BP for oil spill
      Anadarko Petroleum Corp. and Mitsui Oil Exploration (Moeco), co-owners with BP PLC in the Macondo oil well, have not changed their views on payment of costs for the Deepwater Horizon oil spill that occurred in the Gulf of Mexico earlier this year.
    • Interior IG traces deepwater ban peer review misunderstanding
      The administration of US President Barack Obama incorrectly implied that a late-May recommendation for a deepwater drilling moratorium following the Macondo well accident and oil spill went through a scientific peer review, an investigation by the US Department of the Interior's inspector general's office found.
    • Watching Government: Pennsylvania showdown
      In one of the more dramatic lame-duck moves after the Nov. 2 elections in the US, the Pennsylvania Infrastructure Investment Authority (PennVest) approved a $172,682 loan and an $11.6 million grant on Nov. 9 so that Pennsylvania American Water Co. could build a 12-mile water line to residents of 18 private properties in Susquehanna County who say their drinking water has been damaged by natural gas drilling operations.
    • API, NOIA hope BOEMRE studies don't jeopardize 2011 leasing
      The American Petroleum Institute and National Ocean Industries Association separately expressed concern that supplementary environmental impact statements (SEISs) the US Bureau of Ocean Energy Management, Regulation, and Enforcement announced on Nov. 10 could lead to Gulf of Mexico lease sales currently scheduled for 2011 being canceled.
    • Tullow looking to expand production off Ghana after Jubilee
      Tullow Oil PLC outlined its plans to boost oil and natural gas production off Ghana once the West African nation initiates oil production by bringing Jubilee field on stream by yearend, the company said in an interim management statement posted on its web site on Nov. 10.
    • OPEC: Global oil demand rising, with marked upswing in Asia
      The Organization of Petroleum Exporting Countries forecasts continued growth in global oil demand over the next 20 years, while acknowledging the potential impact of environmental policies on the energy market.
    • Ecopetrol, six firms partner in Colombian pipeline project
      Colombia's Ecopetrol is joining with six other firms to build and operate a 450,000 b/d oil pipeline system that will transport crude from Araguaney, in the Casanare Department of central Colombia, to the Covenas Export Terminal on the Caribbean Sea.
    • Watching The World: FARC down, Colombia up
      Colombia's oil and gas industry is increasing its output these days and for many reasons, not least a decline in the power of the Colombian rebel group Revolutionary Armed Forces of Colombia (FARC).
    • ExxonMobil rig attacked in Nigeria; production shut in
      ExxonMobil Corp.'s Nigerian subsidiary confirmed a claim by the Movement for the Emancipation of the Niger Delta (MEND) that it attacked a company oil rig in the region and abducted eight oil workers, shutting in 45,000 b/d of natural gas liquids and condensate production.
    • OPEC raises outlook for global oil consumption in 2010-11
Related Articles

BHI: Overall US rig count drops slightly, but oil rigs continue rise

07/31/2015 A week after jumping by its highest margin since April 2014, the overall US drilling rig count lost 2 units during the week ended July 31 to settle...

Nelson vows to block Murkowski’s stand-alone crude oil bill

07/31/2015 The US Senate Energy and Natural Resources Committee approved Chair Lisa Murkowski’s (R-Alas.) bill to end the ban on exporting US-produced oil. Bu...

Athabasca’s Hangingstone SAGD project starts oil production

07/31/2015 Athabasca Oil Corp. said the Hangingstone 1 steam-assisted gravity drainage (SAGD) oil sands project in Alberta started oil production in July with...

Industry 2Q earnings, jobs dissolve amid continued oil-price slump

07/31/2015 A difficult year thus far for the integrated, multinational oil and gas firms caused by low oil prices has been somewhat eased by improved producti...

OGUK survey shows ‘slight improvement’ in outlook in second quarter

07/31/2015

The UK oil and gas industry remains fragile, but the outlook has improved in the second quarter, according to Oil & Gas UK.

Phillips, ETP, Sunoco JV to build, operate Bayou Bridge oil pipeline

07/31/2015 Phillips 66, Houston; Energy Transfer Partners LP (ETP), Dallas; and Sunoco Logistics Partners LP, Philadelphia, have formed a joint venture to con...

Junex spuds fifth well on Quebec’s Galt prospect

07/31/2015

Junex Inc. has spudded the Galt No. 5 as a follow up to its Galt No. 4 that came in at more than 300 bo/d in January.

MARKET WATCH: Oil futures fall on strengthening dollar

07/31/2015 Light, sweet crude oil prices started July 30 trading with a gain on the New York market, but prices had slipped moderately by settlement, which an...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
Available Webcasts

On Demand

OGJ's Midyear Forecast 2015

Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST


Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

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.

register:WEBCAST


Looking for past issues? Click here.

Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected