More IOR/EOR News

Statoil reports finds on Tyrihans South, North Sea Dolly fields; spuds well on Blåmeis

Nov 27, 2002 Statoil ASA recently proved more oil and gas in the Tyrihans South discovery in the Norwegian Sea and has found oil in its Dolly prospect in the Tampen area of the North Sea, the company said.

Natco Group to expand CO2 facility for Kinder Morgan SACROC field oil recovery

Dec 16, 2002 Kinder Morgan Energy Partners LP, through its subsidiary Kinder Morgan CO2 Co. LP, has signed a contract with Houston-based Natco Group Inc. for the expansion of Natco's 180 MMcfd carbon dioxide membrane separation facility in the Scurry Area Canyon Reef Operators Committee (SACROC) unit in Scurry County, West Texas.

New year clouded by uncertainty but filled with technical promise

Jan 6, 2003 The oil and gas industry enters 2003 uncertain about geopolitical events, doubtful about markets, yet equipped with technology advancing rapidly on many fronts.

DOE adds four independents to technology development program

Jan 14, 2003 The US Department of Energy has added four new projects to its "Technology Development with Independents Program" to help independent producers finance research and develop technology.

Evaluation ranks deepwater, harsh-environment floater, riser concepts

Jan 20, 2003 Results of an evaluation clearly show that deepwater technology development for benign environments has limited use in the hostile waters of the Atlantic margin.

Venezuelan crisis damages PDVSA and international majors

Jan 23, 2003 Venezuela's oil production remains severely curtailed and is impacting the future of the national oil company and is costing some of the largest international oil companies millions of dollars daily.

Gas, water injection included in off-Norway heavy-oil development

Jan 27, 2003 To realize a much better recovery factor, Norsk Hydro ASA selected pressure maintenance with gas and water rather than water alone for developing the heavy-oil (19° gravity) Grane field in North Sea Block 25/11, off Norway.

OGJ Newsletter

Jan 27, 2003 Even if both Iraq and Venezuela suffer serious disruptions to their respective oil production through the rest of this year, "crude prices would likely be in the $30-40(/bbl) range but would not 'go ballistic,'" veteran market analyst Stephen Smith, president and founder of Stephen Smith Energy Associates, Natchez, Miss., reported last week.

Venezuela crisis damages PDVSA, international majors

Feb 3, 2003 Venezuela's oil production remains severely curtailed during the country's ongoing crisis, which is impacting the future of the national oil company, Petroleos de Venezuela SA (PDVSA). The national strike in Venezuela is also costing some of the largest international oil companies millions of dollars daily, according to two January reports by financial analysts.

New model improves deepwater fracture gradient values off Norway

Feb 3, 2003 A new fracture gradient model correlates well with all deepwater drilling off Norway.

Kazakhstan oil production on rise, Tengiz financing dispute resolved

Feb 4, 2003 Kazakhstan's 2003 oil production is expected to total 364 million bbl compared with 330 million bbl in 2002, Kazakhstan Minister of Energy and Mineral Resources Vladimir Shkolnik said.

TAML refocuses on educating industry on multilaterals

Feb 10, 2003 TAML (Technical Advancement of Multilaterals), formed in 1997 as a joint-industry project (JIP), now aims to reinvent itself as an organization for educating the industry on the advantages of multilateral wells.

Tests begin in Kansas to determine CO2 EOR potential

Feb 10, 2003 Water injection testing is under way in a central Kansas oil field to determine if carbon dioxide enhanced oil recovery is an effective means of retrieving millions of barrels of trapped oil.

ONGC seeks to be global oil and gas player

Feb 11, 2003 ONGC Chairman
Subir Raha

"Our thrust to procure more oil and gas equity at a global level was made possible by the deregulation of the oil sector in India last year. Now we have reached a stage where we cannot afford to stagnate; we either have to grow or fall by the wayside."

Reappraisal of energy supply-demand in 2050 shows big role for fossil fuels, nuclear but not for nonnuclear renewables

Feb 17, 2003 There are a number of different energy scenarios currently being proposed, but most industry analysts forecast that world primary energy demand will double by 2030, climbing to 18 gigatonnes of oil equivalent (Gtoe)/year from 9 Gtoe in 2000, and roughly triple to 25-30 Gtoe by 2050.

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