Condensate production in the Middle East and Asia will more than double through 2008 and increase by an additional 60% by 2013, according to a new study.
Throughout the history of drilling, “Heavy Metal” (not to be confused with the music genre) has been the preferred cutting element for grinding/crushing/chipping formations on...
Drilling programs throughout the world are now more challenging in terms of depths, well profiles, and formation drillability (often determined by hardness and/or abrasiveness...
New materials, a better understanding of rock mechanics and hydraulics, extreme drilling environments, improvements in BHAs, high activity levels and unique applications have ...
Gulfsands Petroleum PLC, Houston, has identified nine potentially productive zones in Paleozoic reservoirs in the sole existing wellbore on the large Tigris structure in 11,000...
Range Resources Corp., Fort Worth, is pursuing coalbed methane and gas in shallow and deep tight formations with horizontal and vertical wells in southwestern Virginia.
No field with 1 billion boe recoverable is confirmed to have been discovered in 2005, but the world’s operators more than replaced the year’s production by bringing previously...
Tullow Oil PLC, London, said it signed agreements in December 2005 to farm out a 60% interest in Blocks 17 and 18 in the Bay of Bengal to Total SA, Paris.
Opponents of federal oil and gas leasing off the US resisted the part of last year’s energy bill that called for a resource inventory of the Outer Continental Shelf.
Long gauge-length fiber-optic sensors (FOS), effectively used in detecting pipe movement by monitoring any change in the neutral plane of the pipe from its initial reference state...
Louisiana Gov. Kathleen Babineaux Blanco has threatened to block oil and gas leases off Louisiana unless the state receives its “fair share” of oil and gas revenue from federal...
Damage from two hurricanes and a global shortage of overwater rigs led to unusually large declines in Louisiana’s oil and gas production in 2005, state figures show.
Iran wants to increase its natural gas imports from Turkmenistan and will accept a higher price, according to Iranian Foreign Minister Manuchehr Motaki.
A climb in crude oil prices that was already significant when Hurricanes Katrina and Rita hit the Gulf Coast reduced US oil product demand in 2005, the American Petroleum Institute...
OAO Gazprom plans to become a major LNG supplier and is building its LNG expertise, particularly in North American markets, according to John Hattenberger, LNG director of Gazprom...
Spain’s Repsol YPF SA has cut its estimate for proved oil and gas reserves by 1.254 billion boe, a 25% reduction from the yearend 2004 estimate it reported last year.
As the International Atomic Energy Agency (IAEA) Board voted Feb. 4 to refer Iran to the United Nations Security Council for pursuing a nuclear weapons program, a real possibility...
If India, China, and other developing world oil giants (DWOGs)increase investments in African countries, it could have several negative repercussions for Western companies doing...
The US Minerals Management Service released a draft of a proposed 5-year Outer Continental Shelf oil and gas leasing plan on Feb. 8 that could expand accessible acreage.
The oil and gas industry must apply new technologies on unprecedented scale and pace to meet the world’s expanding demand for fossil fuels, said Jeroen van der Veer, chief executive...
Remember the former head of OAO Yukos, Mikhail Khodorkovsky, imprisoned in Russia’s YaG 14/10 prison camp at Krasnokamensk, Chita, near the border with China? Well, he’s fighting...
New API guidelines for testing and labeling shaker screens should simplify the screen selection process and provide screens that will efficiently filter cuttings from drilling...
As exploration and development ventures into frontier drilling environments and new rig equipment, BHAs and operator capabilities push technology limits, drilling bits face a ...