Plans for new natural-gas pipelines in the US took a jump through June 2000, as companies appeared to take seriously forecasts of a 30-tcf US market by 2005.
Almost 60% of the tracts that drew bids in US Western Gulf of Mexico Lease Sale 177 in late August were on the shelf, but bidders showed high interest in deepwater areas, especially Garden Banks.
Almost 60% of the tracts that drew bids in US Western Gulf of Mexico Lease Sale 177 in late August were on the shelf, but bidders showed high interest in deepwater areas, especially Garden Banks.
A stab and hinge-over flowline connection system and direct-hydraulic control of subsea wells are two features that saved costs for the deepwater Typhoon development, 100 miles offshore Louisiana in Green Canyon Blocks 236 and 237.
A stab and hinge-over flowline connection system and direct-hydraulic control of subsea wells are two features that saved costs for the deepwater Typhoon development, 100 miles offshore Louisiana in Green Canyon Blocks 236 and 237.
Two industry groups squared off earlier this summer in federal court after New York passed legislation to phase out methyl tertiary butyl ether (MTBE) by 2004.
Prices rising, stocks growing slightly Oil prices last week hit a 6-month high-with the October contract closing on NYMEX Aug. 30 at $33.32/bbl-in spite of Saudi Arabia announcing plans at midweek to work with fellow OPEC members to adjust the involuntary price band mechanism initiated by the group in June. The rise also came amid the release of EIA weekly data on US supply stock levels, which, despite inching upward by 2 million bbl, were still 32 million bbl below last year's volumes.
The carefree, rural lifestyle of East Texas was changed dramatically during 1930-31 when Columbus Marion "Dad" Joiner, a 70-year-old wildcatter, discovered oil on the Daisy Bradford farm in Rusk County. In addition to Joiner's well, two extension wells-the Lou Della Crim and Lathrop-were successful, creating the largest oil field in the world at the time of the discovery.
A scientist central to early alarm about global warming now recommends that remedies focus on greenhouse gases other than carbon dioxide. His move does not represent retreat from an aggressive position in global-warming politics. It nevertheless demonstrates uncertainty in the complex science behind the issue.
Equatorial Energy Inc., Calgary, plans to acquire a 3D seismic survey and drill 6 wells in second half 2000 in Sembakung field in the Tarakan basin of Northeast Kalimantan.
A scientist central to early alarm about global warming now recommends that remedies focus on greenhouse gases other than carbon dioxide. His move does not represent retreat from an aggressive position in global-warming politics.
UAE Offsets Group (UOG)-the Abu Dhabi-based, government-backed group sponsoring the Dolphin natural gas megaproject in the Persian Gulf region-is making further plans, this time for an innovative retail marketing project in Europe and the US.
Behind the stated objective of the European Commission's natural gas directive, which came into force on Aug. 10, of "ensur[ing] the free movement of gas and improv[ing] security of supply and industrial competitiveness," is the more nebulous notion of leveling the competitive playing field among those member states exporting and importing gas.
