El Paso Corp. has reduced its proven oil and natural gas reserves estimate by 1.8 tcfe, or 41%, leaving the company with 2.64 tcfe as of Dec. 31, 2003. Of that total, 66% is proved...
Various new downhole technologies allow companies to optimize the production of petroleum resources from wells with more complex geometries and producing horizons that are in ...
The rapid implementation of a radically new natural gas transportation regime in Norway reflects a broader revolution getting under way in Europe's gas markets.
Despite its significance as a source of oil and gas on the doorstep of the US market, the Caribbean offshore region is poorly explored, especially in the deep water.
The new 561N pipelayer features an electronically controlled engine with more power and reduced emissions, new fingertip controls and better viewing area for the operator, and...
A new high-strength steel with a specified minimum yield strength of 120 ksi has been developed for line pipe applications (OGJ, Dec. 1, 2003, p. 56).1
Water, the third phase in petroleum production, represents a massive liquid volume that operators have to handle and dispose of cost-effectively and in an environmentally sound...
The US Congress faces an important challenge this year as it considers ways to keep nearly half a million miles of oil, natural gas and product pipelines safe and secure.
US demand for petroleum rose "only modestly" in 2003, part of a long-term trend in which US oil consumption has increased by only a fraction of the rate of the overall economy...
The White House told the US Congress that an existing law designed to discourage non-US companies from investing in either Iran or Libya should continue to give President George...
World oil supplies remained relatively level at 82.1 million b/d during January, with production from the Organization of Petroleum Exporting Countries falling by 145,000 b/d ...
Plains Exploration & Production Co. has agreed to acquire Houston rival Nuevo Energy Co. in a stock transaction valued at $945 million. Upon closing, Nuevo stockholders will own...
A new "Frontier" license that allows offshore operators to apply for relatively large acreage on the UK's Atlantic margin or continental shelf west of the Shetland and Orkney ...