After 2 decades of disappointing developments in China's onshore and offshore oil sectors, a good deal of the international energy community's attention has shifted to the prospects for developing China's natural gas industry.
Perforation operations (above) are shown under way by a unit of Texaco Inc. on its joint-venture coalbed methane exploration project in China's Huaibei area. Photo by Jack Derickson, courtesy of Texaco.
Despite higher revenues generated by higher oil prices, 1998's low-price environment and the severe impact of the East Asian economic crisis have left many oil industry players leery of launching new upstream projects, said delegates at the Asian Oil & Gas Conference in Kuala Lumpur last week.
In December 1999, PanCanadian Petroleum Ltd., Calgary, obtained baseline seismic measurements for a planned time-lapse (4D) seismic monitoring program of its operated large-scale Weyburn CO2-flood in Saskatchewan.
A field trial conducted on a gas pipeline in the Gulf of Mexico on the use of a corrosion inhibitor as natural gas drag reducing agent (DRA) has resulted in peak gas-production rate increases by 10-15% and peak pressure drop decreases of up to 20%.
Royal Dutch/Shell unit Shell Philippines Exploration BV and Texaco Inc. have awarded a pipeline protection contract to Tideway BV, The Netherlands, for their Malampaya natural gas project off the Philippines.
The government ended force majeure on two of three blocks operated by Occidental International Exploration & Production Co., said Lundin Oil AB, Stockholm. Block A remains under force majeure, lifted on Blocks 2 and 3.
The long, checkered past of Peru's Camisea natural gas exploration and development project-regarded to be of critical importance to that country's economic future-may be entering into a "new era of possibility," ...