Table of ContentsRegular FeaturesJournally SpeakingEnergy education for kidsFor an oil and gas researcher, finding information on encouraging young people to get excited about the industry is not difficult.
Editor's PerspectiveTreasury: Oil, gas ‘overproduction’ a threat to securityFor oil and gas, the national-security argument has always been a two-edged sword.
Market JournalCrude tops $62/bblOn May 20, its first day in the front month position, the July contract for benchmark US sweet, light crudes escalated $1.94 to $62.04/bbl on the New York Mercantile Exchange, marking the first closing above $60/bbl since early November.
General InterestEditorial: FIRST OF TWO PARTS: A costly energy coursePolicy can encourage development of nontraditional energy forms as either supplements to or replacements for traditional forms.
SECOND OF TWO PARTS—Alaskan tax reform: Gas raises questionsThe question whether success of Alaskan tax reform with oil foretells comparable success with natural gas hinges on a side effect of high progressivity: a very high marginal rate.
First-quarter E&P earnings plummet on lower pricesLower oil and gas prices and increased costs sharply reduced the earnings of some US and Canadian producers in the first 3 months of 2009.
US House committee approves climate change billThe oil and gas industry joined other industries that responded critically after the US House Energy and Commerce Committee approved a bill May 21 to address global climate change by instituting a cap-and-trade system.
Watching Government: Remembering a forgotten fuelTheir timing was good. Earlier that day, US President Barack H. Obama announced more stringent motor fuel efficiency standards.
EIA global outlook sees more use of unconventional sourcesUnconventional sources including biofuels could provide nearly half of the growth in global liquid fuel supplies during 2006-30, the US Energy Information Administration said on May 27 in its latest International Energy Outlook.
WoodMac: No gas price rebound seen in near termWeakness in global natural gas markets will delay a recovery in US gas prices and rig counts.
Brazilian president urges Petrobras to invest overseasBrazil’s President Luiz Inacio Lula da Silva, on a state visit to Turkey, said his country’s state-operated Petroleo Brazileiro SA (Petrobras) should not hesitate to invest in overseas oil and gas projects.
Watching The World: Philippines picks on ‘Big Three’The oil and gas industry seems to have become the whipping boy of choice these days.
Cepu oil flow may be delayed, Indonesia lawmakers toldProduction of 20,000 b/d of oil from Indonesia’s Cepu block, which the government had hoped would play a major role in boosting the country’s output, may take longer than expected, lawmakers have been told.
Exploration & DevelopmentSpecial Report: Seismic, well data used to estimate pore pressure, predict overpressureAn attempt has been made using seismic and well data to predict the possible overpressure zones and pore pressure estimation for the principal reservoir, the Sui Main limestone formation, at Qadirpur, a producing gas field in Pakistan’s Central Indus basin.
Drilling & ProductionProject undertakes deepwater production measurement gapsA new joint interest research project aims to improve production measurements from deepwater fields.
ProcessingGlobal downturn will narrow 2009-10 margins, utilizations for Asia-PacificThe subprime crisis that began in the US continues its domino effect on all sectors, including the oil industry in Asia-Pacific.
TransportationCORROSION CONTROL—1: Unmitigated MIC prompts integrity management changesIdentifying unmitigated microbial-influenced corrosion (MIC) rather than mitigated or even unmitigated CO2 corrosion as the highest risk to infield oil transport pipeline integrity has led to a change of emphasis in corrosion control, with the emphasis placed on water cut control at slow flow rates and optimization of the pigging program.
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