Table of Contents

Oil & Gas Journal

Volume 109, Issue 8
110221ogj cover.jpg
  • Regular Features

    • OGJ Newsletter
      International News for oil and gas professionals
    • Journally Speaking

      • A column for fun
        This column exists mostly for fun. Journally Speaking features are wonderfully fun to write and, when done right, equally fun to read.
    • Editorial

      • What the budget means
        For the US oil and gas industry, the budget proposal of President Barack Obama arrives in company with one bit of good news: Deep gouges stand almost no chance of surviving Congress.
      The new Turborunner 5 in. completion reaming tool aids first time placement of the completion or liners at target depth.
    • Advertisers Index
    • The Editor's Perspective

    • Market Journal

      • Brent tops WTI as benchmark
        As the international benchmark other crudes are priced against, "West Texas Intermediate is dead, long live North Sea Brent," said analysts in the Houston office of Raymond James & Associates Inc. WTI's recent disconnect with other crude prices in the global market "is here to stay—for awhile," they predicted.
  • General Interest

    • Obama keeps pledge to end oil tax incentives in 2012 budget request
      The White House followed through on US President Barack Obama's promise to eliminate oil and gas incentives and preferences with a fiscal 2012 federal budget request that would increase direct taxes on the industry by an estimate $3.472 billion next year and $43.612 billion over 10 years.
    • Discussion of draft GHG bill turns into CAA debate
      Democrats and Republicans quickly established their differing views as a US House subcommittee debated legislation designed to draft legislation to halt the US Environmental Protection Agency's efforts to limit greenhouse gas emissions under the Clean Air Act.
    • Watching Government: GHG uncertainties
      The US Environmental Protection Agency can expect criticism when it hosts refiners at a listening session on Mar. 4 about its efforts to regulate greenhouse gases under the Clean Air Act.
    • Baker Institute: Drilling in Gulf of Mexico evolves after Macondo blowout, oil spill
      Future oil and gas production from the deepwater and ultradeepwater Gulf of Mexico hinges on how US drilling policy and safety standards evolve following the April 2010 Macondo well blowout and subsequent oil spill, speakers said Feb. 11 at Rice University's Baker Institute.
    • Industry reports many safety changes in GOM deepwater drilling practices
      Oil companies and drilling contractors are working together very closely to prevent any future oil spills in the Gulf of Mexico, speakers said Feb. 11 during a forum at Rice University's Baker Institute about managing the risks of offshore oil exploration.
    • IEA warns of rising oil burden
      The global oil burden in 2010 was the second-highest following a major recession and could rise this year to levels close to those that have coincided in the past with marked economic slowdowns, warns the International Energy Agency in its latest monthly oil market report.
    • Watching The World: Shell's scenarios to 2050
      Royal Dutch Shell PLC released a report entitled "Shell Energy Scenarios to 2050" and just in case anyone thought the future would be rosy, read on.
    • Chinese hackers accused of cyber attacks on IOCs
      The computer networks of at least five international oil companies, containing bidding plans and other confidential data, have been penetrated by Chinese-based hackers, accord to a report issued by a US computer security firm.
    • Study evaluates deepwater Gulf of Mexico overpressure
      A recent study of 149 deepwater wells in the Gulf of Mexico found dramatic differences in the overpressure of the Lower Tertiary Wilcox play.
    • CNRL targets oil sands upgrader restart
      Canadian Natural Resources Ltd. (CNRL) said the upgrader coke drums damaged in a fire on Jan. 6 at its Horizon oil sands facility in northern Alberta may resume operations in the second and third quarters.
    • Intertanko: Shipping 'under threat' from piracy
      Piracy in the Indian Ocean is rapidly getting out of control and is threatening to disrupt flows of oil to markets in the US and around the world, according to an oil shipping industry association.
    • Al-Shahristani: Baghdad wants changes in oil deals
      Iraq's Deputy Prime Minister Hussain Al-Shahristani, who oversees energy for the government, said Kurdistan's production-sharing contracts (PSCs) with international oil companies (IOCs) must be turned into service contracts in order to be approved by the central government.
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White Papers

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UAS Integration for Infrastructure: More than Just Flying

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Available Webcasts

Better Data, Better Analytics, Better Decisions

When Tue, Oct 27, 2015

The Oil & Gas industry has large amounts of data stored in multiple systems which are purpose built for certain tasks. However, good decisions require insights based upon the data in all of these systems. These systems in turn do not talk to each other. So the process of analyzing data, gaining insights, and making decisions is a slow one and often a flawed one. Good decisions require accurate analytics and accurate analytics require superior/sustainable data quality and governance. This webinar focuses on:

  • The importance of data quality and governance
  • How technological advances are making data quality and governance sustainable in order to get the accurate analytics to make solid decisions.

Please join us for this webcast sponsored by Seven Lakes Technologies and Noah Consulting.


Operating a Sustainable Oil & Gas Supply Chain in North America

When Tue, Oct 20, 2015

Short lead times and unpredictable conditions in the Oil & Gas industry can create costly challenges in supply chains. By implementing a LEAN culture of continuous improvement you can eliminate waste, increase productivity and gain end-to-end visibility leading to a sustainable and well-oiled supply chain.

Please join us for this webcast sponsored by Ryder System, Inc.


On Demand

Leveraging technology to improve safety & reliability

Tue, Sep 22, 2015

Attend this informative webinar to learn more about how to leverage technology to meet the new OSHA standards and protect your employees from the hazards of arc flash explosions.


The Resilient Oilfield in the Internet of Things World

Tue, Sep 22, 2015

As we hear about the hype surrounding the Internet of Things, the oil and gas industry is questioning what is different than what is already being done. What is new?  Using sensors and connecting devices is nothing new to our mode of business and in many ways the industry exemplifies many principles of an industrial internet of things. How does the Internet of Things impact the oil and gas industry?

Prolific instrumentation and automation digitized the industry and has changed the approach to business models calling for a systems led approach.  Resilient Systems have the ability to adapt to changing circumstances while maintaining their central purpose.  A resilient system, such as Maximo, allows an asset intensive organization to leverage connected devices by merging real-time asset information with other critical asset information and using that information to create a more agile organization.  

Join this webcast, sponsored by IBM, to learn how about Internet of Things capabilities and resilient systems are impacting the landscape of the oil and gas industry.


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