• Subscribe
  • Magazine
  • Past Issues
  • Surveys
  • Industry Statistics
  • About Us
  • Members Only
  • Home >
  • Back Issues >
  • Oil & Gas Journal >
  • Volume 113, Issue 3

    • Volume 113, Issue 3

    150302ogj 75
    General Interest

    Falling oil prices will disrupt feed cost differentials

    March 2, 2015
    Collapsing crude oil prices in fourth-quarter 2014 resulted in major changes in US production cost differentials between ethane and all other feedstocks. Feedstock flexibility...
    150303ogj Kaiser F01
    General Interest

    GOM REVENUE SHARING-1 Lease sales drive gulf OCS revenues

    March 2, 2015
    The Gulf of Mexico (GOM) Energy Security Act of 2006 (GOMESA) provides for sharing offshore lease revenues in the GOM Outer Continental Shelf (OCS).
    HSE

    Climate change interventions

    March 2, 2015
    A National Research Council committee looked at possible aggressive interventions to address global climate change-including Albedo modification techniques, which aim to increase...
    Companies

    Chevron wins again in Ecuador case as moneyman recants

    March 2, 2015
    With another triumph in its long battle against litigious gold-digging involving Ecuador, Chevron Corp. again demonstrates the goodness of corporate resolve.
    150302ogj 98
    New Plants

    Vibration modeling improves pipeline performance, costs

    March 2, 2015
    Modeling neural networks to vibration patterns of operating gas turbines and then applying these models to the same turbines' future performance and maintenance can reduce costs...

    More content from Volume 113, Issue 3

    Guidry
    General Interest

    SERVICE | SUPPLIERS

    March 2, 2015
    WeatherfordWeatherford International introduced its new FracAdvisorTM service offering for the oil and gas industry. FracAdvisorTM provides near real-time guidance to operators...
    150302ogjswe Z01
    Exploration & Development

    New analytics, modeling improve subsalt drilling safety

    March 2, 2015
    Analytical models driven by advanced computing capacity and by numerical and physical models improve safety while drilling ultradeepwater subsalt basins.
    150302ogjxlin Z01
    Discoveries

    Smart phone technology enhances field studies

    March 2, 2015
    Throughout northern Oklahoma and Kansas, the Mississippian Lime has emerged as a significant unconventional oil play.
    150302ogj058
    Reserves

    Technique connects known, unknown EURs, manages expectations

    March 2, 2015
    Reserves reports often rely on volumetric probabilistic EUR assessments while remaining vague or silent on how these estimates relate to what is actually known or proven.
    Home

    Airy diplomacy

    March 2, 2015
    New Delhi has just received a lesson already learned in Ottawa: In the US, bilateral relations yield to the domestic politics of environmental activism.
    150302ogjtan Z01
    Companies

    Method improves high-pressure settle-out calculations

    March 2, 2015
    Settle-out calculations in natural gas systems need to be sufficiently rigorous accurately to predict settle-out under various operating conditions without being so conservative...
    Government

    DOI proposes Arctic-specific drilling regulations for Alaska OCS

    March 2, 2015
    The US Department of the Interior proposed regulations to ensure that oil and gas exploration on the US Arctic Continental Shelf occur safely and responsibly.
    General Interest

    International shale skepticism

    March 2, 2015
    For nearly 2 decades, North America-the US and Canada-has seen an increase of natural gas and oil reserves through application of new technology in unconventional plays.
    Companies

    Work stoppages commence at largest US refinery, three other facilities

    March 2, 2015
    The United Steelworkers (USW) union has launched additional work stoppages at the largest refinery in the US and three other facilities as part of USW's unfair labor practice ...
    150302ogjcht Z01
    New Plants

    OGJ Newsletter

    March 2, 2015
    International news for oil and gas professionals
    Government

    US should rework Azerbaijan relations carefully, House panel told

    March 2, 2015
    The US should pursue relations with Azerbaijan that recognize its strategic importance as an energy supplier to countries farther west but do not ignore human rights questions...
    Production Operations

    New regulator lists UKCS 'priority actions'

    March 2, 2015
    The UK's Oil and Gas Authority (OGA), responding to calls from industry and the government for prompt support of UK Continental Shelf exploration and production, has described...
    General Interest

    IHS: Crude transported by Keystone XL would be consumed in US

    March 2, 2015
    Most, if not all, of the crude oil that would be transported via the proposed Keystone XL pipeline to the US Gulf Coast would not be exported, and the vast majority of refined...
    150302ogj 34
    General Interest

    COMMENT: Mexico's energy reform: A sobriety check

    March 2, 2015
    The Mexican energy reform of 2014 encompasses all links in the oil, gas, and power value chains.
    General Interest

    Obama vetoes bill approving Keystone XL crude oil pipeline

    March 2, 2015
    US President Barack Obama vetoed S. 1, authorizing construction of the proposed Keystone XL crude oil pipeline, saying that Congress had attempted to circumvent long-standing ...
    General Interest

    EOG Resources' budget down 40% to $4.9-5.1 billion

    March 2, 2015
    EOG Resources Inc., Houston, plans a capital budget of $4.9-5.1 billion in 2015 including production facilities and midstream expenditures, representing a 40% reduction compared...
    150302ogj 40
    LNG

    BP: Global energy demand to jump 37% by 2035

    March 2, 2015
    Global demand for energy is expected to rise by 37% from 2013 to 2035, or by an average of 1.4%/year, due in large part to ongoing economic expansion in Asia, particularly in ...
    150302ogj 29
    General Interest

    Evolving PSC offers insight into Mexico's legal framework

    March 2, 2015
    The Mexican National Hydrocarbons Commission (CNH) on Mar. 13 will publish a revised draft of the production-sharing contract (PSC) it proposed last Dec. 11 for exploration and...
    150302ogjpne Z01
    General Interest

    Methanol proves low-cost, sustainable option for gasoline blending

    March 2, 2015
    Following the discovery of large natural gas reserves in the eastern Mediterranean offshore, the Israeli government in 2011 implemented its FCI, a program designed to encourage...
    150302ogj 86
    Companies

    Noble Energy's budget down 40% in 2015

    Feb. 27, 2015
    Noble Energy Inc., Houston, plans to spend $2.9 billion in 2015, representing a 40% reduction from 2014. The company also reported full-year 2014 net income of $1.21 billion and...
    Companies

    Marathon revises down budget by 20%

    Feb. 27, 2015
    Marathon Oil Corp., Houston, has reduced its capital, investment, and exploration budget for 2015 by another 20% to $3.5 billion.
    General Interest

    UKCS report cites need for deep cost cuts

    Feb. 27, 2015
    The struggling producing industry on the UK Continental Shelf needs deep cost cuts, according to the Oil & Gas UK's Activity Survey 2015.