Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

Suriname bid round draws lackluster response

Feb 26, 2015

The dramatic fall in oil prices is being blamed for the lack of interest shown by international oil companies (IOCs) in the deepwater offshore Suriname in the Suriname-Guyana basin.

Uganda announces tender for Albertine Graben acreage

Feb 26, 2015

The virtually untouched Albertine Graben of Uganda may contain more than 6.5 billion bbl of oil resources according Ugandan officials.

BLM Utah office adopts USFS leasing analysis for Fishlake Forest

Feb 26, 2015

The US Bureau of Land Management’s Utah state office will adopt the US Forest Service’s final environmental impact statement and record of decision for oil and gas leasing on land administered by Fishlake National Forest.

New regulator lists UKCS ‘priority actions’

Feb 25, 2015

The UK’s Oil and Gas Authority, responding to calls from industry and the government for prompt support of UK Continental Shelf (UKCS) exploration and production, has described “eight highest priority actions” for its first year of operation.

BLM moving toward strategy for Greater Sage Grouse, Jewell says

Feb 25, 2015

Calling it a remarkable example of federal, state, and local cooperation, US Sec. of the Interior Sally Jewell said the US Bureau of Land Management is finishing up plans to protect the Greater Sage Grouse and make it unnecessary for the US Fish and Wildlife Service to list it as an endangered or threatened species.

Santos-Inpex JV gains permits in Browse basin

Feb 25, 2015

A joint venture of Santos Ltd. and Inpex Corp. has been awarded two exploration permits in the Browse basin offshore Western Australia, about 500 km from Broome.

Lime Petroleum farms into Gemini prospect offshore Norway

Feb 24, 2015

Lime Petroleum Norway AS, a wholly owned subsidiary of Lime Petroleum PLC, has agreed to take 30% interest in PL338C in the North Sea from Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB.

BP lets contract for Great Australian Bight exploration program

Feb 24, 2015

BP Australia has let a contract to ASCO Group for the supply base management of its forthcoming exploration drilling program in the South Australian portion of the Great Australian Bight. The program will begin in 2016 and includes four wells about 300 km southwest of Ceduna.

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

There is no current content available.

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...
Sponsored by
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...
Sponsored by

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.

Sponsored by

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.

Sponsored by

Oil & Gas Exploration Whitepapers

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil and gas projects present enormous management challenges for the organizations sponsoring them. Or...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it comes to managing their asset's lifecycles. One area that is often overlooked or pushed off until ...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, including an expanding regulatory oversight infrastructure, cost savings and operating efficiencies hav...
Sponsored by

OIL & GAS INDUSTRY STATISTICS

Market Connection

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...
Proco

Proco Products: Your Expansion Joint Source for Mud Tanks, Frac Tanks, Shale Shakers

Proco Products, Inc. is a global leader in the design and supply of piping/ducting system expansion joints and rubber check valves. We offer the mo...
Stay Connected