Decline curve analysis illustrates the continuing steep decrease in oil production from the Prudhoe Bay field on Alaska's North Slope and suggests that the field may reach its economic limit earlier than other published analyses.
A field evaluation undertaken by an operator has established the capability of new oil and water-monitoring devices accurately to measure water cut in producing streams that have different crude and water salinity.
A data warehouse, based on Intergraph Corp.'s Notia software, provides an extensive portfolio of e-engineering applications for creating, browsing, and maintaining facility data on Statoil's Aasgard project.
Nederlandse Aardolie Maatschappij (NAM) deployed multiphase flowmeters at its onshore Pernis West facility to obtain oil well performance data without the need for traditional well-test equipment.
Reprocessing of several hundred kilometers of seismic data makes it possible for the first time to map structure within the pre-Eocene at Saba Bank in the Netherlands Antilles, eastern Caribbean Sea.
Alberta Energy Co. Ltd., Calgary, has launched field operations at a $230 million project that is the company's first commercial use of steam-assisted gravity drainage (SAGD) technology to tap heavy oil.
As the oil and gas industry expands exploration into new and more-complex areas, improvements in oil-field cementing equipment and techniques continue to address the problems that arise.
During the past 5 years, Mobil has achieved tens of millions of dollars in capacity and product-quality gains by using computational fluid dynamics (CFD).
Over the years, Trans Mountain Pipe Line Co. Ltd. (TMPL), a subsidiary of B.C. Gas, Vancouver, had experienced periodic odor problems at its Westridge marine terminal in Burnaby, BC.
Oil market slowly rebalancing while the announcement of an 800,000 b/d OPEC output hike effective Oct. 1 may have done a little to improve oil consumer anxiety and take a bit of the wind out of the oil price sails, the real production increase is pretty negligible.
Thank you for the opportunity to correct the record regarding the article entitled" Myanmar's Upstream Sector Hobbled By Pipeline Controversy, Poor E&D Results in (OGJ, June 26, 2000, p. 24).
Your "No time for energy policy" (OGJ, July 1, 2000, p. 21), deserved an immediate response, but I have been delayed by the pressing business of summer vacation.
Following the disclosure that except for Saudi Arabia, the OPEC countries are at production capacity or within 5% of it (The Economist, July 8, 2000, p. 60), and that Saudi Arabia has only 24% spare capacity left, one has to look for "new oil" big time. According to the Oil and Gas Journal, June 12, 2000, p. 77, China and other Asian countries have an oil demand up to three times higher than other countries. So, where to look for "new oil?"
I realize that we are still in the "silly season" when a paucity of newsworthy items often results in a proliferation of nonsensical reports and articles in the media.
Nonprofit research firm Gulf Marine Institute of Technology (GMIT) may have a long, difficult battle ahead before its plan to research and raise native finfish within their natural Gulf of Mexico environment is realized.
US Pres. Bill Clinton gave illuminating context last week to his Sept. 23 order to make 30 million bbl of strategically hoarded crude oil available to a market straining against shortage.
LNG will be the "swing" supply source for natural gas in the US in coming years, according to a recent research report by Prudential Securities Inc., New York.
Pres. Bill Clinton's decision to sell 30 million bbl from the US Strategic Petroleum Reserve set the stage for more jousting recently between Energy Sec. Bill Richardson and Sen. Frank Murkowski (R-Alas.)
The improvement in energy industry commodity prices and industry fundamentals have strengthened the performance of the oil field services sector the past 6 months.
Economic growth in the world's major industrialized nations could slow by some 0.4 percentage points next year if oil prices are not brought down from their recent $33/bbl-plus perch, according to the latest calculations by Organization for Economic Cooperation and Development economists.
The US Court of International Trade has ruled that the US Department of Commerce must investigate independent oil producers' complaints that four foreign nations "dumped" oil on the US market in 1998-99.
Robust commodity prices for oil and natural gas during 1999 bolstered growth in proven US oil and gas reserves, said the US Energy Information Administration in its latest annual report for US oil, natural gas, and NGL reserves.
