For the past 50 years, geologists have correlated well logs and built cross-sections on paper. Despite widespread computerization in the oil industry, they have not had the technology...
Recent field tests showed that a reliable, high-power slimhole motor developed for the U.S. Department of Energy (DOE) drills twice as fast as conventional systems.
Years of environmental review, political battles, and difficult construction culminated in 1999 with completion and start-up of the Pacific Pipeline System in southern California...
The outlook for worldwide exploration and production expenditures is moderately bullish for 2000, according to Salomon Smith Barney, New York. This expected increase in E&P outlays...
Newly released MuSE Software Development Environment 2000 allows software programmers and end users to better use sound, 3D graphics, new display technologies, and a mix of operating...
Recent approval of the Typhoon project has launched BHP Petroleum Pty. Ltd.'s first commercial deepwater oil and gas development in the Gulf of Mexico. BHP and operator Chevron...
Oil & Gas Journal's 2000 Capital Spending Outlook, beginning on p. 44, shows recent trends in oil company spending and estimated expenditures for the current year.
The discouraging politics of oil prices clouds the encouraging science of potential supply. Oil and gas companies must not let good supply news smother in price malarkey.
Anadarko Petroleum Corp., Houston, signed a definitive agreement to merge with Union Pacific Resources Group Inc., Fort Worth, in an all-stock transaction valued at about $4.43...
Use of near infrared (NIR) technology with a software system for calibrating models can reduce the start-up time for stream-analyzer systems from 1 year to less than a month.
Overseas Private Investment Corp., a self-sustaining US federal government agency, agreed to finance $85 million via a credit facility for construction of a $170 million, 36,000...
Companies developing fuel cells and other technology aimed at increasing natural gas consumption will soon rival the "dot-com" internet companies as the sweetheart of investors...
Russia's Tyumen Oil Co. and BP Amoco PLC have apparently resolved a dispute over ownership of a Russian oil firm, thus scuttling US government opposition to loans backing use ...
Whatever broader concerns may exist regarding the constitution of the Bolivarian Republic of Venezuela, investors in the Venezuelan oil and gas business may feel agreeably surprised...