Table of Contents

Oil & Gas Journal

12/26/2011
Volume 109, Issue 52
111226ogj-cover
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • Tough year for market predictions

        'Tis the season to be jolly. It's also the time analysts and other soothsayers predict what will happen to the world in general and oil markets in particular in 2012—despite the fact they didn't guess most major events of 2011.

    • Editorial

      • Backfiring brinksmanship

        Political support for a project crucial to US energy interests is eminently welcome—but not when it threatens those interests in broader and deeper ways.

    • EQUIPMENT | SOFTWARE | LITERATURE
  • General Interest

    • Final Macondo report calls for 'system safety' approach

      Two US scientific academies urged companies involved in offshore oil and gas activities to take a "system safety" approach to anticipate and manage possible dangers at every operating level.

    • BOEM conditionally approves Shell's Chukchi Sea exploration plan

      The US Bureau of Ocean Energy Management conditionally approved Shell Gulf of Mexico Inc.'s revised exploration plan for its leases in the Chukchi Sea off Alaska on Dec. 16.

    • California offshore field redevelopment environmental review begins

      The US Bureau of Ocean Energy Management (BOEM) began a 60-day public comment period on preparing a joint environmental evaluation with the California State Lands Commission (CSLC) of a proposal to develop oil and gas resources from three existing state-issued leases from an existing platform in federal waters 3.7 miles offshore Carpenteria, Calif.

    • Senate passes tax cut extension with Keystone XL provision

      The US Senate approved a bill that would extend the payroll tax cut into 2012 on Dec. 17 in a rare Saturday session, but with a provision that would require US President Barack Obama to act on the Keystone XL pipeline project's cross-border permit application within 60 days of enactment.

    • Watching Government: Challenges for local governments

      Many rural US communities facing economic pressures and high unemployment would welcome oil and gas resource development although it can challenge local governments, Daryl Dukard, commissioner of Dunn County, ND, said Dec. 7.

    • US House unanimously passes federal pipeline safety legislation

      The US House unanimously approved federal pipeline legislation on Dec. 12 that would reauthorize and strengthen pipeline safety programs through the 2015 fiscal year, improve enforcement of current laws and fill legal gaps where necessary, and address National Transportation Safety Board recommendations from recent incidents.

    • Deloitte: Most Americans say shale development rewards outweigh the risks

      A majority of Americans polled believe developing natural gas by tapping shale formations offers greater rewards than it does risks, including risks possibly associated with hydraulic fracturing, said a survey conducted by the Deloitte Center for Energy Solutions.

    • Watching The World: Oil diplomacy in action

      The oil and gas industry might want to tip its hat out of respect for work done by the Atlantic Council in the past year—especially its recently concluded Black Sea Energy and Economic Forum.

    • Deloitte: Assumed US LNG export volumes could boost gas prices

      If the US were to export 6 bcfd of LNG in the future, a world gas model developed by Deloitte MarketPoint LLC estimates a weighted-average price impact of 12¢/MMbtu on US prices during 2016-35, Deloitte LLP announced Dec. 15 at its annual oil and gas conference in Houston.

    • Canada lays down filing rules for offshore Arctic drilling

      Canada's National Energy Board, in an effort to allay public concerns in the wake of the Gulf of Mexico disaster, released filing requirements for future applications to drill in the Canadian Arctic Offshore.

    • The Editor's Perspective

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White Papers

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What is System Level Thermo-Fluid Analysis?

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Available Webcasts


Prevention, Detection and Mitigation of pipeline leaks in the modern world

When Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

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On Demand

Global LNG: Adjusting to New Realities

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

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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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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