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  • Volume 107, Issue 33

    • Volume 107, Issue 33

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    Crude finds 'comfortable' price range

    Sept. 7, 2009
    The "most comfortable" range for crude prices would be $65-75/bbl—"$10/bbl below the minimum of what is the desired price in broad terms for the key producers" within the Organization...
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    Sinopec to spud Bomu prospect in Gulf of Guinea

    Sept. 7, 2009
    Sinopec JDZ Block 2 Ltd. will spud an exploration well on the Bomu deepwater prospect on Block 2 in the Nigeria-Sao Tome & Principe Joint Development Zone (JDZ) in the Gulf of...
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    Drastic improvements needed in shale gas

    Sept. 7, 2009
    Efficiency improvements of at least an order of magnitude are needed in US shale gas plays because field costs will not stay at the levels to which they have dropped since late...
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    Drilling set on first CBM tract in Indonesia

    Sept. 7, 2009
    A test well on Indonesia's first coalbed methane exploration and development production sharing contract is to spud by September 2009.
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    Seismic-while-drilling technology advance hailed

    Sept. 7, 2009
    Technology International Inc. of Kingwood, Tex., has developed a breakthrough borehole imaging system that is nearly commercial, according to the US Department of Energy, which...

    More content from Volume 107, Issue 33

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    Commodity trading controls can yield unsavory surprises

    Sept. 7, 2009
    New attempts to moderate energy-price movement with controls on commodity trading might, like much regulation of markets, yield unsavory surprises.
    Pennwell web 600 525
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    Regional supply competition pressures US natural gas prices

    Sept. 7, 2009
    Gas-on-gas supply competition is accelerating in the US gulf region and competition with Rocky Mountain natural gas supplies on the Rockies Express pipeline will only accelerate...
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    Advertisers' Index

    Sept. 7, 2009
    Baker Hughes, Incorporated...... www.bakerhughes.comBASF Catalysts...... www.catalysts.basf.com/processBUPA International...... www.bupa-imtl.comChevron....... www.chevron.com...
    Pennwell web 90 126
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    Services/Suppliers

    Sept. 7, 2009
    Transocean Ltd.,NewmanZug, Switzerland, has named Steven L. Newman, president and COO, to succeed Robert L. Long, who will retire as CEO in first quarter 2010. Newman was appointed...
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    Equipment/Software/Literature

    Sept. 7, 2009
    Tool offers clearer picture of formationsThe new GEM elemental analysis tool offers rapid and precise evaluation of formations with complex mineralogies.As the newest addition...
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    Fully informed markets?

    Sept. 7, 2009
    The editorial "Politics and fuel choice" hit a point with me as you noted, "Energy choices are best left to free markets, fully informed" (OGJ, Aug. 10, 2009, p. 18).
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    CARS effects are mixed

    Sept. 7, 2009
    Back in the 1930s during the Great Depression, humorist Will Rogers once cracked that Americans are the only people in the world to drive themselves to the poor house.
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    Russia's ESPO pipeline construction 'on schedule'

    Sept. 7, 2009
    Russian Prime Minister Vladimir Putin, who recently launched a major new oil field, has been told that state-owned pipeline monopoly OAO Transneft is on schedule with construction...
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    FERC issues draft EIS on proposed Bison gas line

    Sept. 7, 2009
    A proposed 302-mile natural gas pipeline from a site near Gillette, Wyo., to an interconnection in Morton County, ND, would have some adverse environmental impacts that could ...
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    WATCHING GOVERNMENT: Beaufort Sea leases upheld

    Sept. 7, 2009
    A federal appeals court upheld a lower court's decision that the US Minerals Management Service did not need to prepare a supplemental environmental impact statement before conducting...
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    NGSA, AGA react to FERC's pipeline flow data proposals

    Sept. 7, 2009
    The Natural Gas Supply Association and American Gas Association responded differently to proposed new federal requirements requiring the daily posting of the scheduled flow of...
    Pennwell web 600 2405
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    OGJ Newsletter

    Sept. 7, 2009
    General Interest —Quick TakesNorway eyes $2 trillion oil industry expenditureNorway hopes to tap into $2 trillion of the oil industry's expenditure over 2009-13, according to ...
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    Senate cap-and-trade bill delayed for a few weeks

    Sept. 7, 2009
    The US Senate's version of carbon cap-and-trade legislation will not be introduced until later in September, its two sponsors said on Aug. 31.
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    Chemicals found in Wyoming water near gas wells

    Sept. 7, 2009
    Federal environmental officials reported water sampling tests tentatively identified chemical contaminants—possibly from natural gas operations—in drinking water wells near Pavillion...
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    Putin touts Russia's oil reserves; seeks funding

    Sept. 7, 2009
    Russia's Prime Minister Vladimir Putin, on a visit to the town of Igarka in Krasnoyarsk Territory, boasted that the region will eventually provide more than 115 million tons/year...
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    Editorial: Suspicion and speculation

    Sept. 7, 2009
    Evidence grows in support of the longstanding suspicion by many oil and gas operators that trading of financial instruments related to crude oil, oil products, and natural gas...
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    Study lists House clean air bill's possible refining impacts

    Sept. 7, 2009
    US refining investments could plunge because of soaring business costs if clear air legislation that the US House passed in June becomes law, a study commissioned by the American...
    Pennwell web 600 195
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    INTERNATIONAL PETROLEUM AGREEMENTS-1: Politics, oil prices steer evolution of deal forms

    Sept. 7, 2009
    In years of oil scarcity and high prices (particularly in 1979 and 1980), international oil companies (IOCs) competed fiercely among themselves and were forced to accept very ...
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    WATCHING THE WORLD: Don't scapegoat oil

    Sept. 7, 2009
    Russian Prime Minister Vladimir Putin, who recently launched a major new oil field, has been told that state-owned pipeline monopoly OAO Transneft is on schedule with construction...
    Pennwell web 625 786
    Pennwell web 400 507
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    Special Report: Global recession dampens refining catalyst demand

    Sept. 7, 2009
    Refinery demand for processing catalysts will continue to flatten over the remainder of 2009 and into 2010 as the global recession winds out and energy prices remain soft.
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    Idaho exploratory drilling planned

    Sept. 7, 2009
    Canadian companies plan to drill for oil and gas in Idaho's Boise basin.
    Pennwell web 600 610
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    OFFSHORE BONDS-1: Raising supplemental bonding ups small company liabilities

    Sept. 7, 2009
    Raising supplemental bond requirements damages the profitability of small independents while reducing liabilities for previous lease owners in the Gulf of Mexico.
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    USW seeks phaseout of HF alkylation units

    Sept. 1, 2009
    The United Steelworkers Union has called for a nationwide phaseout of hydrogen fluoride alkylation units at refineries, saying solid-state catalysts offer promise as a safer alternative...
    Pennwell web 300 135
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    StatoilHydro shutting down Hammerfest LNG for 3 months

    Sept. 1, 2009
    StatoilHydro's Hammerfest LNG plant on Melkoya Island in northern Norway will be shut down on Aug. 15 for upgrading and maintenance for as long as 3 months, the company announced...
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    FACTS: No gas imports for Pakistan before 2014-15

    Sept. 1, 2009
    LNG will not reach Pakistan before 2015, with pipeline gas from Iran not expected before 2014, according to the new brief "Iran-Pakistan Pipeline Deal: Future Role of Gas and ...
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    Falcon to pursue large resource at Beetaloo

    Sept. 1, 2009
    Falcon Oil & Gas Ltd., Denver, plans to reenter, deepen, and test the Shenandoah-1 exploration well in the Beetaloo subbasin of Australia's McArthur basin, where a resource evaluation...
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    Venoco to press Monterey shale work in 2010

    Sept. 1, 2009
    Denver independent Venoco Inc. sees 2010 as the year it begins to exploit California's Miocene Monterey shale in earnest and believes more than 10 billion bbl of original oil ...