Table of Contents

Oil & Gas Journal

06/13/2011
Volume 109, Issue 24
110613ogj cover
  • Regular Features

    • OGJ Newsletter
      International news for oil and gas professionals
    • Editorial

      • The Bernanke finesse
        Oil figured prominently in the important June 7 speech during which Federal Reserve Chairman Ben Bernanke offered a somber economic outlook while finessing a central question about fiscal policy. His comments left a wake sure to rock the oil and gas industry.
    • Advertisers Index
    • Market Journal

      • Comfortable with high oil prices
        Neither consumers nor governments are unhappy about high oil prices—as long as they are not too high, said Fereidun Fesharaki, chairman of FACTS Global Energy group.
    • The Editor's Perspective

    • Journally Speaking

      • Pipeline politics and China
        In preparing a presentation to the sales force of a large multinational company regarding the state of the global pipeline industry, the hosts requested that in addition to facts and figures describing the size and status of a number of large projects, some mention be made of the political obstacles each project faced.
    • EQUIPMENT | SOFTWARE | LITERATURE
  • General Interest

    • Watching Government: Questioning Macondo response
      The US House Oversight and Investigations Committee strongly criticized the US Department of the Interior's response to the Macondo deepwater well blowout and accident more than a year ago in a report issued before the committee's June 2 hearing on recovery efforts in the time since.
    • API warns EPA of consequences of unreasonable regulations
      The US Environmental Protection Agency needs to consider that overly burdensome regulations reduce investments by US businesses and cost jobs, an American Petroleum Institute spokesman said June 1, adding the EPA has not gone far enough to ease such regulations.
    • Watching The World: The Saudis go solar
      Before last week's meeting of the Organization of the Petroleum Exporting Countries, Saudi officials sure weren't talking much about oil.
    • Fitch: 'Reasonably sized' downstream deals to have modest impact
      Measured withdrawal from downstream operations by large integrated oil companies has slashed refinery acquisition values from high levels prevalent a few years ago.
    • Analysis: OPEC grinds down over politics at latest meeting
      The Organization of the Petroleum Exporting Countries normally likes numbers to run the show, but this week numbers took a decided back seat to politics as the group failed to reach a consensus over any output increase.
    • EXPLORATION/DEVELOPMENT BRIEFS
    • Groups seek ways for Cuba to gain access to US spill technology
      With a semisubmersible rig en route in a few more weeks to drill one of the first deepwater exploratory wells in Cuban waters sometime this fall, questions are being raised there and in the US whether trade embargo restrictions will deny Cuba and companies working there access to US spill control technology if an accident similar to the Macondo blowout occurs off Cuba.
    • CAPP sees robust growth for Canadian oil production
      Canadian oil production will increase to 4.7 million b/d in 2025 from 2.8 million b/d in 2010, according to the latest forecast from the Canadian Association of Petroleum Producers (CAPP).
    • House committee passes bill to speed EPA permitting process
      The US House Energy and Commerce Committee passed a bill aimed at removing bureaucratic obstacles from US energy development by expediting the Environmental Protection Agency's permitting process.
    • PHMSA reverses order, lets TransCanada restart Keystone line
      Just a day after ordering a TransCanada Corp. subsidiary to make necessary repairs and address safety issues arising from leaks last month along the Keystone oil pipeline, the US Pipeline and Hazardous Materials Safety Administration gave TransCanada Oil Pipeline Operations Inc. permission on June 4 to restart the system.
    • CAODC sees increased western Canada drilling activity
      The Canadian Association of Oilwell Drilling Contractors (CAODC) in its latest drilling forecast for western Canada expects a 24% increase in rig activity during the last three quarters of 2011 compared with its Oct. 22, 2010, forecast.
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MARKET WATCH: Oil prices decline as US crude inventories post first gain in 9 weeks

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BHP, Woodside move to decommission Stybarrow field

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Woodside-led Browse FLNG venture enters FEED phase

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Tullow Oil provides production update on Jubilee, other fields

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Statoil to suspend Scarabeo 5 drilling rig

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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.

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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.

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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.

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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


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