Table of ContentsRegular FeaturesOGJ NewsletterLettersUnwarranted hostilityThe editorial “An unprecedented rebuke” (O&GJ, 10/13/08) might better have been titled “Unwarranted hostility” (OGJ, Oct. 13, 2008, p. 20).
Journally SpeakingProducing energy from smokeCongratulations to President-elect Barack Obama for his unsurprising victory after an unusually long and unusually bitter campaign.
Equip/Software/LitE q u i p m e n t / S o f t w a r e / L i t e r a t u r eInhibex 301 kinetic-gas hydrate inhibitor (KHI), which promises performance under a variety of gas types and conditions, now shows?after testing?it to work as a corrosion inhibitor (CI).
Services/SuppliersEditor's PerspectiveEIA: New US gas saved $4 billion in first 7 monthsAnyone concerned about imported energy should find useful the simple proposition that raising production lowers imports unless consumption rises by the same amount.
Market JournalOil futures post biggest monthly lossIn a surprise rally in the last few moments of trading Oct. 31 on the New York Mercantile Exchange, the front-month December contract for benchmark US light, sweet crudes surged upward to close at $67.81/bbl, up $1.85 for the day.
General InterestEditorial: Dollars and politicsThe US oil and gas industry, politically unpopular and publicly misunderstood, spent its political money on a losing cause in this year’s general election.
Special Report: Producers, regulators address Marcellus shale gas challengesThe Marcellus shale, which extends 575 miles across parts of three eastern US states, is thought to hold as much as 500 tcf of natural gas, about 50 tcf of which is considered recoverable.
Special Report: Analysts see no trend of insider stock salesIn early October, top executives of two large independent production companies, Chesapeake Energy Corp. in Oklahoma City and XTO Energy Inc. in Fort Worth, separately sold large blocks of personally owned stock in their companies.
Capital spending cuts will delay oil sands projectsSuncor Energy Inc. and Petro-Canada are trimming their capital expenditure budgets and delaying some of the plans for their oil sands production projects next year.
GAO: More verification of MMS RIK production neededThe US Minerals Management Service could improve oversight of its oil and gas royalty-in-kind (RIK) program by verifying more production data through third parties and improving reports of benefits and costs, the Government Accountability Office said on Oct. 29.
Watching Government: BLM’s Utah plansNew resource management plans (RMPs) for five of the US Bureau of Land Management’s six Utah field offices received final approval Oct. 31.
Brazil’s oil development bonanza shapes upBrazil’s Petroleo Brasilerio SA (Petrobras), even as it eyes greater output for the future, exported a record 574,000 b/d of oil in October, breaking the previous monthly high of 532,000 b/d in April.
Watching the World: Credit crunch impacts E&PHow the oil and gas industry will be affected by the election of Barack Obama as president of the US remains to be seen.
Uncertainty afflicts International Gas Summit participantsUncertainty was the hallmark of the 13th International Gas Summit in Paris Oct. 22-23, reflecting the current world financial turmoil and looming economic slowdown.
Exploration & DevelopmentUltradeep shelf well logs four indicated pays in MioceneThe ultradeep Gulf of Mexico shelf well known as Blackbeard has logged four “potential hydrocarbon-bearing zones below 30,067 ft,” said operator McMoRan Exploration Co., New Orleans.
Drilling & ProductionStudy analyzes nine US, Canada shale gas playsA recent study has estimated that nine US and Canada shale-gas plays may produce as much as 24 bcfd by 2018.
ProcessingRefiners should consider Monte Carlo analysis to assess expansion projectsDue to robust growth in the global demand for refined products, refiners often face the tough decision of whether to spend significantly to accelerate expansion projects or stick to existing time frames.
TransportationCrude Export Riser — 1: Hybrid riser application provides deepwater crude export solutionThe freestanding hybrid riser concept allows decoupling the schedules of riser and floating production unit design, manufacture, and installation, providing flexibility should delays occur during FPU construction.
|
|
