U.S. wellhead deliverability slide may spike gas prices in late 1999
The continuing decline in U.S. natural gas wellhead deliverability may be setting the stage for a sharp spike in natural gas prices later this year.
Canadian producers scrambling to boost gas deliverability
Improving oil and natural gas prices are spurring Canadian gas producers to ramp up efforts to increase wellhead deliverability and fill new export pipeline capacity.
Growth in U.S. cogen use of gas to slow
The U.S. cogeneration market will continue to favor natural gas as its primary fuel source in the coming years, but the 10%/year growth rate of gas use in cogeneration seen in the late 1980s and early 1990s is not likely to continue.
Talisman-Rigel latest big Canadian M&A deal
Merger and acquisition action in Canada's petroleum sector continues to heat up.
Norway's assets jam
After the Norwegian government was criticized for its role in the takeover battle for Saga Petroleum AS, the country's assets are in the news again.
U.K. tightens offshore spill regulations
The U.K. government passed new environmental controls for the offshore oil and gas industry that will bring the U.K. in line with European Commission law.
Yadana field start-up delayed again over power plant woes
Commercial production from Yadana, Myanmar's largest offshore gas field, has been postponed again, to early next year due to the extended delay in completion of a major power station in Thailand.
Mexico's Energy Regulatory Commission
(CRE) created a geographic zone for natural gas distribution covering 51 towns in Puebla and Tlaxcala states in Mexico. Development of the Puebla-Tlaxcala distribution network will require capital investment of $50 million, CRE said. It plans to begin a permit bidding process for the area shortly.
Inland barge to allow cluster drilling in Nigeria
A unique shallow-water drilling barge designed for sequential well drilling should commence operations in September in the Tunu field of Nigeria. "The barge will allow us to remain in place and drill a cluster of six wells without moving," says Herman Schellstede, president and owner of Herman J. Schellstede & Associates Inc.