Table of Contents

Oil & Gas Journal

06/30/2014
Volume 112, Issue 6d
140630ogj_cvr
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • A gulf fish tale

        About 35 years ago, 10 exploratory wells were drilled in the US portion of the Georges Bank basin 120 miles off Cape Cod, Mass. Environmentalists came out against drilling, and their arguments, including the claim that the fishing industry would be destroyed, were ultimately persuasive. Drilling ceased, yet to be restarted.

    • Editorial

      • When judges set policy

        Environmental policy set by judges can thrill lawyers but confound everyone else. This, of course, explains the energetic litigiousness of environmental groups unable to work their will politically.

  • General Interest

    • LNG exports dominate Senate committee hearing on US gas potential

      LNG exports quickly took center stage at a June 19 US Senate Energy and Natural Resources Committee hearing to examine "how to harness a game-changing resource for export, domestic consumption, and transportation fuel."

    • FERC approves Cameron LNG liquefaction, export project

      The Federal Energy Regulatory Commission authorized Cameron LNG LLC's plan to build and operate facilities to liquefy and export natural gas from its existing LNG import terminal in Hackberry, La.

    • Watching Government: Reforming Indian oil valuation

      The US Department of the Interior has proposed regulations for valuing crude oil produced on American Indian leases. The rules would offer greater simplicity, certainty, and clarity in Indian oil valuation and could boost Indian Country royalties by $20 million/year, DOI said on June 18.

    • Barrasso questions purpose of Senate Energy panel's Keystone vote

      As he announced his support for it, US Sen. John A. Barrasso (R-Wyo.) said the Energy and Natural Resources Committee's vote on Chairwoman Mary L. Landrieu's (D-La.) bill to bypass the White House and approve the Keystone XL crude oil pipeline "seems more like a cheerleading exercise than a meaningful effort to get Keystone built."

    • API urges EPA administrator to quit delaying ethanol mandates

      The American Petroleum Institute urged the US Environmental Protection Agency to quit dragging its feet and issue final 2014 ethanol blending quotas that are months overdue.

    • Crude prices could climb if Iraq instability persists, SAFE warns

      Despite continuing US production increases, global crude oil prices could climb as much as $40/bbl if instability in Iraq persists, Securing America's Future Energy (SAFE) warned in a recent report.

    • EAGE: Southern North Sea yields discoveries, despite conventional wisdom

      In production since 1965, the southern North Sea has long been perceived as a mature play with very few new opportunities. While the region's production has remained stable, operators focused in the region have been forced to look outside of the productive fairways and other areas to find additional reserves.

    • Supreme Court ruling mixed on GHG regulation

      The US Supreme Court has asserted limits to the Environmental Protection Agency's authority to regulate greenhouse gases (GHGs) specifically but approved limitation of GHG emissions from plants subject to control of other pollutants covered by the Clean Air Act.

    • E&Y: US oil, gas companies' reserves, profits up in 2013

      A slight decrease in capital spending by US oil and gas companies in 2013 gave way to a 9% increase in oil and gas reserves, strong oil prices, and improving natural gas prices, Ernst & Young reported June 24 in its annual US oil and gas reserves study.

    • API: US production outpaced petroleum demand in May

      US crude oil production in May increased 14.7% from May 2013 to 8.3 million b/d - the highest level for the month since 1987 - according to a report from the American Petroleum Institute.

    • ICF: US needs ethane export capacity to sustain shale gas boom

      Greater investment in infrastructure is needed to ensure that rising NGL production in the US can reach international markets. Without it, a glut will form, placing downward pressure on prices and eroding the economics of shale gas drilling.

    • The Editor's Perspective

Related Articles

National Forest in Virginia, W.Va. to allow some fracing after all

11/18/2014 The George Washington National Forest in Virginia and West Virginia will allow some oil and gas activity using hydraulic fracturing and horizontal ...

Deloitte: US gas supplies rebuilt since last winter, EIA’s Sieminski says

11/18/2014 The biggest issue this winter could be electricity generation in New England because of pipeline constraints rather than a drawdown of stored natur...

Eni signs PSA addendum to extend E&P work in Turkmenistan

11/18/2014 Eni SPA has signed an addendum to the production-sharing agreement (PSA) it has with Turkmenistan with respect to the onshore Nebit Dag block in we...

ETP, Regency plan Permian-to-Mont Belvieu NGL pipeline

11/18/2014 Energy Transfer Partners LP and Regency Energy Partners LP, both of Dallas, reported that their joint venture, Lone Star NGL LLC, has received boar...

Forest Oil to sell Arkoma basin gas properties

11/18/2014 Forest Oil Corp., Denver, has agreed to sell its natural gas properties in the Arkoma basin for aftertax cash proceeds of $185 million. The deal, e...

Cenovus receives approvals for Telephone Lake oil sands project

11/18/2014 Cenovus Energy Inc., Calgary, has received approval from the Alberta Energy Regulator (AER) and the province of Alberta for its wholly owned Teleph...

Westlake Chemical lets EP contract for ethylene plant expansion

11/18/2014 Westlake Chemical Corp., Houston, has let a contract to Technip for work related to the expansion of ethylene capacity at its Sulphur, La., plant n...

Offshore ‘over-bonding’ must end, IPAA says in comments to BOEM

11/18/2014 The federal government’s system for assuring that oil and gas companies operating offshore have enough capital to remove structures is badly broken...

Eni, Sonangol to study nonassociated gas

11/18/2014 Eni SPA and state-owned Sonangol have entered a strategic agreement to assess potential of nonassociated gas in the Lower Congo basin offshore Ango...

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Available Webcasts



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

When Thu, Dec 11, 2014

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Thu, Nov 20, 2014

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Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

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US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

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