Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

Apache awarded Western Australia offshore permit

Dec 18, 2014

A day after reporting its planned divestment of Western Australian and Canadian assets to Woodside Petroleum Ltd., Apache Corp. has been awarded a new exploration permit in the latest round of the Australian Government’s offshore licensing.

Thirty-one House Democrats ask Jewell to bar leasing in Arctic Ocean

Dec 18, 2014

US Rep. Jared Huffman (D-Calif.) and 30 other House Democrats urged US Interior Sec. Sally Jewell to reject the second supplemental environmental impact statement for OCS Lease Sale 193 and bar oil and gas leasing in the Arctic Ocean.

Obama makes Alaska’s Bristol Bay off-limits for oil, gas activity

Dec 17, 2014

US President Barack Obama placed Bristol Bay off-limits for future oil and gas leasing, extending a temporary withdrawal he imposed in 2010 that was due to expire in 2017. The Dec. 16 announcement effectively excludes the entire North Aleutian Basin from consideration in the new 5-year Outer Continental Shelf program the US Bureau of Ocean Energy Management has begun to prepare.

Cooper to buy 50% of offshore Gippsland Sole gas field

Dec 17, 2014

Cooper Energy Ltd., Adelaide, has bought a 50% interest in the offshore Gippsland Sole dry gas field in retention lease Vic/RL3 as well as 50% of the Orbost onshore gas plant in eastern Victoria from Santos Ltd.

Repsol to acquire Talisman in $13 billion deal

Dec 16, 2014

Spain’s Repsol SA has agreed to acquire all shares of Talisman Energy Inc. of Calgary for $8.3 billion along with assumed debt of $4.7 billion. The deal has been approved and recommended by Talisman’s board, and the companies hope to complete it by midyear 2015.

Eni reports flow test rates for well offshore Congo (Brazzaville)

Dec 15, 2014

A production test conducted by Eni SPA on the Minsala Marine 1 NFW well offshore Congo (Brazzaville) flowed 5,000 b/d of 41° gravity oil and 14 MMscfd of gas from an opened section comprising 37 m out of the 420 m oil column identified in the discovery.

Cook to head DONG Energy E&P group

Dec 15, 2014

David B. Cook has been named group executive vice-president and chief executive officer for exploration and production at DONG Energy, Fredericia, Denmark. He previously was executive officer and head of oil and gas at Abu Dhabi National Energy Co. (TAQA).

Security takes center stage

Dec 15, 2014

Thwarting terrorists, repelling pirates, and routing organized crime: sounds like themes of familiar, big-budget Hollywood movies.

WoodMac: US unconventional enters new stage

Dec 12, 2014

The unconventional oil and gas revolution is entering into a new stage with drilling and completion techniques pioneered in unconventional plays now being used to exploit all types of rock in mature US basins, according to research and advisory firm Wood Mackenzie.

Global reserves, oil production show increases for 2014

Dec 1, 2014

Oil & Gas Journal's annual look at worldwide proved reserves shows increases compared with a year ago. Reserves estimates for crude oil and lease condensate now total 1.656 trillion bbl, up from 1.647 trillion bbl reported in last year's survey (OGJ, Dec. 2, 2013, p. 30).

Momentum shifts in favor of development in Colorado

Oct 21, 2014

-Momentum appears to be shifting in the oil and gas industry's favor in Colorado after Gov. John Hickenloooper brokered a compromise that keeps off the November ballot two initiatives that were poised to place greater restrictions on development, and legal and political setbacks befell separate local measures that sought to restrict or ban hydraulic fracturing.

Texas earthquakes prompt regulators to take action

Oct 21, 2014

A series of unusual earthquakes in North Texas is prompting state regulators to look closely at a potential link between seismic activity and wastewater injection wells.

Illinois shale exploration remains in limbo as regulators consider draft fracing rules

Oct 21, 2014

Illinois is making progress toward a regulatory framework for hydraulic fracturing after the Illinois Department of Natural Resources (IDNR) released a second set of draft rules for the well stimulation process in late August.

Hydraulic fracturing battle has moved to several local ballot boxes

Oct 6, 2014

Opponents of hydraulic fracturing, horizontal drilling, and other unconventional oil and gas development technologies have changed their focus to local governments.

New SEG chief eyes mainstream role for full-waveform inversion

Oct 6, 2014

When asked about important geophysical trends, the new president of the Society of Exploration Geophysicists points to a seismic processing method called full-waveform inversion (FWI).

EPA hydraulic fracturing study may be prelude to new federal rules

Aug 13, 2014

Oil and gas operations have historically been regulated mainly at the state level, though the expansion of hydraulic fracturing activities has brought with it an expansion in the number and sources of regulations facing operators.

Oil & Gas Conferences

Exploration & Development Webcasts

Integrated Operations & Maintenance: A Step Change to Improve Productivity & Mitigate Operational Risk

West Engineering Services and IBM will discuss how the oil & gas companies are driving toward both greater productivity and reduced risk through new integrated operation approaches.  These...
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IBM

Maximizing Upstream Performance - Achieving Lasting Data Quality through Proven Workflows

This webinar is the second of a two part series which will discuss how Petris provides integrated solutions using a common data model that ensures efficient workflows across field operations - capi...
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OGJ Annual Forecast & Review Webcast 2011

Oil & Gas Journal Editor Bob Tippee discusses key influences in the global and US oil markets based on data published in the annual Forecast and Review special report.

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A New Frontier: Drilling & Evaluation Challenges and Future Outlook

Learn more about the key challenges, opportunities and outlook for the future that both service companies & operators face by attending this on-demand webcast.

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Oil & Gas Exploration Whitepapers

AVEVA NET Accesses and Manages the Digital Asset

Global demand for new process plants, power plants and infrastructure is increasing steadily with the growth of regional economies and the business and industrial requirements that accompany this g...
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AVEVA’s Approach for the Digital Asset

To meet the requirements for leaner project execution and more efficient operations while transferring knowledge to a new generation of workers, the entire upstream sector sees the need for more ef...
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Diversification - the technology aspects

In tough times, businesses seek to diversify into adjacent markets or to apply their skills and resources in new ways. But shipbuilding’s unique nature has traditionally made diversification diffic...
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OIL & GAS INDUSTRY STATISTICS

Market Connection

PUBLIC AUCTION: Complete Liquidation of 300-Acre Facility. McDERMOTT, INC.: AMELIA (MORGAN CITY), LOUISIANA. SEPTEMBER 8-12, 2014. ONE OF AMERICA’S OLDEST & MOST RESPECTED OFFSHORE/ONSHORE HEAVY FABRICATION FACILITIES: OFFSHORE MARINE EQUIPMENT, TREMENDOUS OFFERING OF MOBILE EQUIPMENT, COMPLETE OFFSHORE PLATFORM & JACKET MANUFACTURING FACILITIES.

PUBLIC AUCTION: Complete Liquidation of Offshore/Onshore Heavy Fabrication Facility

  PUBLIC AUCTION: Complete Liquidation of 300-Acre Facility. McDERMOTT, INC.: AMELIA (MORGAN CITY), LOUISIANA. SEPTEMBER 8-12, 2014. ONE OF AM...
mac-weld machinery

MAC-WELD Machining Ltd.

MAC-WELD Machining Ltd. Thermowells, Instrument Valves, Level Chambers, Orifice Plates, Bleed/Flush Rings. Over 35 years of instrumentation hardwa...
Coker Unit For Sale: Unused equipment from cancelled Coker Project for Sale, stored US Gulf Coast. Accessible to water transport. Rating: Feed rate 45,000 BPD, Production: 2,500 short tons per day. Two drums 29’diameter each, chrome steel, stainless lined. Fractionator is 16’ dia x 110’ partially stainless lined. Additional Oil Refinery Process Units Available: Crude Units, Hydrotreaters, Sulfur Recovery Units, Visbreaker Hydrogen plants and twonew  coke drums, unused, stored west coast. Contact: carlvalentino21@gmail.com , 832.723.7545

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...
process units at aruba

FOR SALE:Process Units at Aruba

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

FOR SALE: Sulphur Recovery Unit

For Sale: Sulphur Recovery Unit F/E 3,074 sf ea. 2,130 psi shell, 347ss 1,955 psi tubes, 321 ss, UNUSED $300,000 each, SRU 48TPD w/Tail Gas Treater...
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