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

Related Articles

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Cheer in the US about an economic lift from falling oil prices needs qualification.

EPA delays proposal to regulate methane emissions until 2015

12/19/2014 The US Environmental Protection Agency is delaying plans to issue proposals to regulate methane emissions from oil and gas operations until 2015, O...

BLM starts process to consider new Nevada lease nominations

12/19/2014 The US Bureau of Land Management’s Battle Mountain, Nev., field office is seeking public comment on 197 parcels of public land, totaling 415,921 ac...

California Bay Area advances plan for enhanced refinery regulations

12/19/2014 California’s Bay Area Air Quality Management District (BAAQMD), the public agency responsible for regulating stationary sources of air pollution in...

BHI: North Dakota, Williston spur continued decline in US rig count

12/19/2014 The US drilling rig count dropped 18 units to settle at 1,875 rigs working during the week ended Dec. 19, pushed down by losses in North Dakota and...

IEA finds US energy policy improved in latest in-depth review

12/19/2014 US energy policies have come into sharper focus in the last six years, the International Energy Agency said in its latest periodic review. It speci...

Statoil lets contract to Schlumberger for Mariner field

12/19/2014 Statoil ASA has awarded an integrated drilling and well services contract for the Mariner heavy oil field in the UK North Sea to Schlumberger Oilfi...

Comstock to suspend 2015 oil drilling in Eagle Ford, TMS

12/19/2014 Due to low crude oil prices, Comstock Resources Inc., Frisco, Tex., plans to suspend its 2015 oil-directed drilling activity on properties in the E...

Mexico uses PSCs in first Round One step

12/19/2014 Mexico is offering production-sharing contracts to companies incorporated in the country for exploration of 14 shallow-water areas in Round One bid...

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Available Webcasts



The Future of US Refining

When 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

When 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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On Demand

Optimizing your asset management practices to mitigate the effects of a down market

Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

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Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

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