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  • Volume 98, Issue 15
  • Volume 98, Issue 15

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    Companies

    'Smart' raster logs can boost productivity of geologists

    April 10, 2000
    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...
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    Slimhole drilling system doubles penetration rates

    April 10, 2000
    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.
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    Companies

    California line beats odds, begins moving viscous crude oil

    April 10, 2000
    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...
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    Oil, gas capital spending in US, Canada to jump sharply in 2000

    April 10, 2000
    Buoyed by higher crude oil prices, capital spending for oil and gas projects in the US and Canada will jump sharply this year from 1999 levels.
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    Salomon: 2000 E&P spending outlook bullish

    April 10, 2000
    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...

    More content from Volume 98, Issue 15

    Companies

    Area Drilling

    April 10, 2000
    Pioneer Natural Resources Co., Dallas, plans to drill as many as 64 wells this year on Neuquen basin acreage.
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    Equipment/Software/Literature

    April 10, 2000
    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...
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    No energy policy

    April 10, 2000
    Oil's importance to economic and national security cannot be taken lightly.
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    MOVES AND PROMOTIONS

    April 10, 2000
    Ryder Scott Company L.P., Houston, Tex., has named Ronald Harrell, former president, to chairman of the board and chief executive officer.
    Companies

    BHP details deepwater Gulf of Mexico plans

    April 10, 2000
    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...
    Companies

    Special expenditures

    April 10, 2000
    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.
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    The oil resource grows

    April 10, 2000
    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.
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    OGJ Newsletter

    April 10, 2000
    With oil prices dominating industry news in recent months, the continuing strength in US natural gas prices seems to be getting overlooked.
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    Australia tightens gasoline specs

    April 10, 2000
    Australia will phase out leaded gasoline in the next 18 months; it will no longer be available after Jan. 1, 2002.
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    Companies

    Anadarko, UPR to merge in $4.43 billion deal

    April 10, 2000
    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...
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    Software speeds implementation of analyzer in crude unit

    April 10, 2000
    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.
    Companies

    Industry Briefs

    April 10, 2000
    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...
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    OPEC sets automatic oil output adjustments

    April 10, 2000
    With oil prices dominating industry news in recent months, the continuing strength in US natural gas prices seems to be getting overlooked.
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    Watching GovernmentIndia's changes

    April 10, 2000
    Energy policy is finally getting the attention it needs in India.
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    Burgeoning gas demand to attract investment

    April 10, 2000
    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...
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    BP Amoco, TNK make peace, freeing Ex-Im loans

    April 10, 2000
    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 ...
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    Venezuela's new constitution gives rise to new legal issues on oil, gas investment

    April 10, 2000
    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...