Table of Contents

Oil & Gas Journal

07/28/2014
Volume 112, Issue 7c
140728OGJ_cvr
  • Regular Features

    • OGJ Newsletter

      International news for oil and gas professionals

    • Journally Speaking

      • Another canal? Really?

        International businesses, especially oil and gas companies, in recent years have watched with growing interest the work to increase shipping capacity through the Panama Canal.

    • Editorial

      • An Atlantic OCS step

        If oil and gas drilling ever occurs off the US East Coast, the risk that a well will blow out catastrophically and spill oil, as tragically happened in the Gulf of Mexico 4 years ago, will be remarkably low.

  • General Interest

    • DOE wants to mobilize subsurface engineering R&D efforts

      The US Department of Energy wants to mobilize federal government, oil and gas industry, university, and other research to address subsurface engineering challenges, particularly controlling fracture propagation and fluid flow, officials said at the first of several projected discussions.

    • BOEM issues ROD for environmental review of G&G survey off Atlantic Coast

      The US Bureau of Ocean Energy Management (BOEM) issued a record of decision (ROD) for environmental review of geological and geophysical (G&G) survey activities off the Atlantic Coast.

    • BLM director: Fee system needed for increased onshore well inspections

      A shortage of inspectors, reduced budgets, and a record number of wells on public lands make necessary the US Bureau of Land Management's budget request for a fee system to increase its oil and gas inspection capacity, BLM Director Neil Kornze said.

    • Watching Government: When condensate is product

      It was easy to remember the Bad Old Days when the US had Old Oil, New Oil, and the Small Refiner Bias amid the kerfuffle after the US Department of Commerce's Bureau of Industry and Security (BIS) ruled in late June that condensate qualifies as an oil product for export purposes in some cases.

    • Obama's latest sanctions against Russia include oil, gas firms

      In response to continued unrest in Ukraine, US President Barack Obama has announced new sanctions against Russia that include - for the first time - operations of Russian state-owned energy firms.

    • Australia repeals carbon tax legislation

      Australia's Parliament has repealed the carbon tax legislation that this year imposed $24.15 (Aus.)/tonne of carbon dioxide emissions.

    • Petrotrin blames US shale gas revolution for reduced refinery runs

      Trinidad and Tobago's state - owned Petrotrin is blaming the shale gas revolution in the US and lower crude prices at Cushing, Okla., for its decision to significantly reduce its refinery throughput to 120,000 bo/d from 180,000 bo/d.

    • CERI: Costs up for oil sands production

      The costs of producing bitumen and synthetic crude in the Albertan oil sands have increased over the past year, says the Canadian Energy Research Institute (CERI) in an annual report that projects steady growth in output.

    • API: US petroleum demand up in June, second quarter

      Total US petroleum deliveries, a measure of demand, rose 1.5% in June vs. a year ago to average just above 19 million b/d, according to the American Petroleum Institute's most recent Monthly Statistics Report.

    • Chevron accepts amended plan for Richmond refinery revamp

      Chevron Corp. has agreed to accept an alternative, more environmentally friendly plan proposed by city officials for the long - delayed $1 billion modernization of its 257,000 - b/d Richmond, Calif., refinery.

    • DOT proposes new rules for transporting crude by rail

      A train with 20 or more tank cars carrying crude oil, ethanol, or other flammable liquids would be classified as a high - hazardous flammable train (HHFT), and would be subject to lower speed limits, routing risk assessments, and other new requirements under new US Department of Transportation regulatory proposals.

    • SAFE: Report's 'flash points' emphasize US transportation fuel problem

      A proliferation of global oil geopolitical "flash points" makes it even more urgent for the US to aggressively reduce its dependence on crude oil for transportation fuels, according to speakers discussing a report issued by Securing America's Future Energy (SAFE).

    • The Editor's Perspective

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Available Webcasts


OGJ's Midyear Forecast 2015

When 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

When 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.

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