Oil and gas producers—slammed by the worldwide economic downturn, lower oil and gas prices, and tight credit markets—have slashed their 2009 capital budget plans.
A stimulation study shows the importance of considering reservoir thickness when developing low–permeability coalbed methane resources with a horizontal lateral.
To meet objectives of a 2001 consent decree with the US Environmental Protection Agency, Marathon Petroleum Co. LLC, a subsidiary of Marathon Oil Co., agreed to decrease NOx emissions...
A group led by Oilex Ltd., Perth, has identified 10 prospects as potential drilling targets on Block 06–103 in the northwest corner of the Joint Petroleum Development Area in ...
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Fluor Corp.,Irving, Tex., has named Peter Oosterveer president of its energy and chemicals group. A 20–year Fluor veteran, Oosterveer previously served as senior vice–president...
For 5 consecutive weeks through Apr. 17, the front–month contract for benchmark US light, sweet crudes finished each week “almost unchanged” from the close of the previous week...
Europe will have to work with Gazprom to develop the supplies and transport routes to meet projected natural gas shortfalls, as increased European LNG receipts and such pipelines...
Gas processing software redesigned, upgradedThe redesigned and upgraded eSimEvaluator business modeling and optimization software platform is now available.The company’s suite...
More people are discussing energy issues, but most don’t know enough to make informed decisions and are still advocating “wishful” solutions, according to a recent study by Public...
Wrong attitudesThe editorial “Stopping the juggernaut” to me highlighted all that is wrong with attitudes in the oil and gas industry today (OGJ, Apr. 6, 2009, p. 20). Instead...
US oil and gas drilling during the first quarter dropped to levels not seen since 2004, ending 6 consecutive years of year–to–year growth for the period, reported the American...
Analyst BMI says weaker demand for diesel in road transport use, gas oil for manufacturing and industrial applications, and falling jet fuel consumption have acted in concert ...
General Interest Quick TakesAlaska lawmakers asked to fund in–state gas lineAlaska Gov. Sarah H. Palin urged state legislators Apr. 17 to approve $9 million in preparatory funding...
The US oil and gas industry should prepare to be actively involved as the administration of President Barack Obama applies its recovery–and–reform strategy to energy and the environment...
Greenhouse gases (GHGs) contribute to air pollution, which may threaten public health or welfare, the US Environmental Protection Agency said on Apr. 17.
Government and industry statistics show that the US oil and gas industry was hit hard as the economic recession deepened during this year’s first quarter.
The global drilling market is expected to pick up by 2013 with deepwater rigs driving the growth, according to data from Douglas–Westwood Ltd. and Energyfiles.
The Indonesian government, responding to criticism of current cost recovery procedures in the oil and gas industry, has drafted new rules that will reduce national expenditure...