More IOR/EOR News

Oil futures post biggest monthly loss

Nov 10, 2008 In 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.

Special Report: POINT OF VIEW: New SEG chief keeps eye on nonseismic advances

Nov 3, 2008 Moving new seismic methods from theory to practice can require attention to progress in separate but related scientific and engineering disciplines, says the incoming president of the Society of Exploration Geophysicists.

Financial meltdown threatens Nigeria gas development

Nov 3, 2008 News reports from Nigeria indicate that the current global financial meltdown, with its lower oil and gas prices and financial lending uncertainty, is threatening Nigeria’s December deadline for developing its natural gas antiflaring program.

Pluspetrol starts up Pagoreni gas-condensate field

Oct 27, 2008 The Peruvian government reported that the six-member Consorcio Camisea has begun production of natural gas at Pagoreni field on Block 56 in the Cuzco region and part of the Camisea gas-condensate project.

Ecuador’s giant Pungarayacu to see heavy oil appraisal

Oct 27, 2008 Ecuador’s state-owned Petroecuador and Petroproduccion have signed a 30-year contract with Ivanhoe Energy Ecuador Inc., a subsidiary of Ivanhoe Latin America, to explore and develop Block 20 on the western edge of Ecuador’s Amazon basin.

Economics on Fischer-Tropsch coal-to-liquids method updated

Oct 27, 2008 Montana’s Crow Nation and Australian-American Energy Co. reported in August that they will jointly construct a $7 billion coal-to-liquid (CTL) fuels plant in southeastern Montana.

E 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 e

Oct 20, 2008

OGJ Newsletter

Oct 13, 2008

Point of View: More money for technology needed for the oil industry

Oct 13, 2008 Innovative entrepreneur Gennady “Gene” Moshkovich has established several companies that cater to various aspects of the oil industry, especially desulfurization: He currently is CEO of DS2Tech Inc.

Equipment/Software/Literature

Oct 6, 2008

SWP advances CO2 sequestration, ECBM, EOR demos

Oct 6, 2008 Southwest Regional Partnership (SWP) of the US Department of Energy (DOE) continues its Phase 2 and 3 carbon dioxide projects for validating the feasibility of sequestering CO2 in saline aquifers, coalbeds, and oil fields.

Services/Suppliers

Oct 6, 2008

Emulsion fuel options still viable for heavy oil

Sep 22, 2008 Venezuela was until recently the only source of a unique fuel option that bypassed the traditional yet capital intensive two-step conversion of bitumen-extra heavy crudes(B-EHC) to synthetic crude oil (syncrude) and then to refinery products.

Considerable potential remains after Daqing polymer flood

Sep 15, 2008 At present, one potential for additional oil recovery from Daqing oil field in northern China is the remaining oil contained in reservoirs that have undergone polymer flooding.

OGJ Newsletter

Sep 15, 2008

Market Connection

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Coker Unit For Sale

Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate...
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