Oil & Gas Exploration
& Development

Oil & Gas Exploration & Development

API asks BOEM not to cut already-restrictive offshore leasing draft

Mar 30, 2015

The US Bureau of Ocean Energy Management’s proposed 2017-22 draft proposed federal offshore oil and gas leasing program already is too restrictive and should not be reduced further, the American Petroleum Institute said in comments submitted to the US Department of the Interior agency.

Chevron exits Cooper basin unconventional gas project

Mar 30, 2015

Chevron Corp. has pulled out of the Nappameri Trough unconventional gas project in the Cooper basin, leaving other joint venture partners Beach Energy Ltd. and Icon Energy Ltd. to go it alone.

Statoil makes eighth discovery off Tanzania

Mar 30, 2015

Statoil ASA has discovered an additional 1.0-1.8 tcf of natural gas in Block 2 off Tanzania bringing the total in-place volumes to about 22 tcf. The new Mdalasini discovery is in 2,296 m of water at the southernmost end of the block.

DOI issues final rule for fracing on public, tribal lands

Mar 30, 2015

The US Department of the Interior has issued a long-anticipated final rule to govern hydraulic fracturing of onshore oil and gas wells on public and tribal lands.

Santos participates in Malaysian oil find

Mar 26, 2015

The JX Nippon-led joint venture that includes Santos, Inpex, and Petronas has made an oil discovery with the Bestari-1 wildcat drilled offshore Sabah, Malaysia.

Cue gains Indonesian farm-in approval for Mahato PSC

Mar 26, 2015

Cue Energy Resources Ltd., Melbourne, received approval from Indonesia for a farm-in agreement with Bukit Energy to acquire a 12.5% interest in the Mahato production-sharing contract.

USGS issues Appalachian basin resource study for oil, gas, coal

Mar 25, 2015

The US Geological Survey issued a professional paper that examines large segments of the Appalachian basin’s oil, gas, and coal resources, including accumulations, stratigraphic and structural framework, and geochemical characteristics.

Libra extension well confirms 200-m oil column

Mar 25, 2015

Results from an extension well drilled by the Petroleo Brasileiro SA (Petrobras)-operated Libra consortium confirmed the presence a 200-m oil column with good reservoir permeability and porosity.

New analytics, modeling improve subsalt drilling safety

Mar 2, 2015

Analytical models driven by advanced computing capacity and by numerical and physical models improve safety while drilling ultradeepwater subsalt basins.

COMMENT: Mexico's energy reform: A sobriety check

Mar 2, 2015

The Mexican energy reform of 2014 encompasses all links in the oil, gas, and power value chains.

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.

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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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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

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...
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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 ...
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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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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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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...
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