Deepwater wells, those in greater than 1,000 ft of water, are now producing more than 700,000 bo/d on the U.S. Gulf of Mexico (GOM) Outer Continental Shelf (OCS).
Despite the amount of capital spent on new drilling vessels from 1997 to 1999, deepwater activity in the Gulf of Mexico (GOM) has remained steady at 91 to 94 wells a year.
After years of planning and design, Shell International Exploration & Production Co., Houston, has developed a deepwater pipeline repair system (DPRS) that uses proven technology.
Carbonates of the Dalan and Khuff formations, which are essentially of Permian age, form extensive gas reservoirs in the Greater Persian Gulf area (Iran, Iraq, Saudi Arabia, and the eastern portion of the Arabian Peninsula, Fig. 1).
In cooperation with the US Minerals Management Service (MMS), the International Association of Drilling Contractor's (IADC) Deepwater Well Control Task Force (OGJ, Mar. 8, 1999, p. 58) has quickly responded to conditions that initiated three accidental drilling riser disconnects.
Anadarko Petroleum Corp., Barrett Resources Corp., and Devon Energy Corp. are among a growing number of independents mounting major natural gas development projects in the Rocky Mountains.
To abandon the Main Pass (MP) Block 254 platform in 280-ft water, Spirit Energy 76 cut the jacket at -100 ft subsea and toppled the upper portion, next to the remaining structure.
After experiencing first-hand the benefits of a novel emulsion-breaking technology, ExxonMobil Research & Engineering Co. (EMRE) has signed a marketing agreement with the developer of the technology-Houston-based Imperial Petroleum Recovery Corp.
Global consumption of linear alkylbenzene (LAB) will grow at an annual rate of 3.6% between 1999 and 2010, while branched alkylbenzene (BAB) will decline at a rate of 8%/year during the same period.
US refiners face a combination of ever-tightening environmental strictures and growing capacity constraints that has created a basic imbalance in the market structure.
An OGJ Special Report issue that contains a wrapup on the deepwater Gulf of Mexico might seem an unlikely place for a column about natural gas in the Rocky Mountains.
Oil's role in the US economy, including the so-called new economy, received enlightening attention last month from one of the world's most widely watched economic authorities.
Radical changes to the Russian Tax Code, put into place by Pres. Vladimir Putin last August, will soon alter the way in which expatriate workers are taxed within the Russian Federation.
The wave of corporate consolidation that led to the creation of the big four Western supermajors and is, in the process, changing most every rule in the oil and gas game, now promises to start a paradigm shift in Southeast Asia's upstream business, judging by a report on the region from Edinburgh-based industry analysts Wood Mackenzie.
The Organization of Petroleum Exporting Countries has agreed to boost oil production by another 500,000 b/d, effective Oct. 31, in a further effort to ease high oil prices.
In a surprise move, Venezuelan Pres. Hugo Chavez has announced a "profound" restructuring of Petroleos de Venezuela SA, naming an army general to the helm of the company.
It should be no surprise that Venezuelan Pres. Hugo Chavez, a former army paratrooper, has turned to the army to help him manage state oil company Petroleos de Venezuela SA.