Recent Oil Discoveries News

NPD sees optimism on Norwegian Continental Shelf

Aug 5, 2013 Undiscovered recoverable resources on the Norwegian Continental Shelf are an estimated 935 million to 5,420 million standard cu m of oil equivalent (scmoe), the Norwegian Petroleum Directorate esti...

Abandoned gulf reservoirs provide low cost, low risk prospects

Aug 4, 2014

Production growth of onshore unconventional oil and gas and of deepwater oil has headlined a fundamental change in US hydrocarbon supply in the last 6 years.

Monterey proves more complex than average shale play

Aug 13, 2014 A pending cut in the Energy Information Administration's resource estimate for the Monterey shale reflects the complexity of the play relative to other US tight oil plays and the need for more rese...

NEW IDEAS NEEDED IN BOWEN-SURAT BASINS

Jan 1, 1990 Exploration for petroleum in Queensland began in the Bowen and overlying Surat basins in 1908, according to Lindsay Elliott of CSR Petroleum Ltd. in Brisbane. He noted in a paper in the APEA Journa...

METHODOLOGY FOR SELECTING PDC BITS CUTS DRILLING COSTS

Jan 15, 1990 Charles Wampler Enron Oil & Gas Co. Corpus Christi, Tex. Kent Myhre Eastman Christensen Houston A bit-selection methodology proved effective for choosing polycrystalline-diamond-compact (PDC) drill...

OPERATORS PLAN U.S. DRILLING INCREASE IN 1990

Jan 29, 1990 John C. McCaslin Exploration Editor Operators expect to drill more wells in the U.S. this year than they did in 1989, when crude oil prices increased nearly 21%. The oil industry last year drilled ...

ARKLA GAUGES STRIKES IN TUSCALOOSA, ARKOMA

Jan 29, 1990 Arkla Exploration Co., Shreveport, La., plans exploratory and development drilling this year near new field discoveries in Southwest Mississippi and East Central Arkansas. Arkla's 1-35 Robertso...

1990 SEEN AS TURNAROUND YEAR IN CANADA

Feb 5, 1990 Canadian officials believe 1990 will mark the beginning of an upturn for their industry. Industry groups say operators are budgeting for an average crude oil price of $18.50 (U.S.)/bbl. Natural gas...

CONVENTIONAL SUPPLY OF OIL WILL SLOW DOWN

Feb 5, 1990 Roger R. Alahakkone Srolank Investment & Trading International Calgary In Canada, Alberta and Saskatchewan account for all of heavy oils and tar sands deposits, while the Orinoco belt in Venezu...

DOE SPELLS OUT SHIFT TO NEAR TERM BENEFITS IN OIL AND GAS R&D

Feb 12, 1990 The U.S. Department of Energy is shifting its oil research priorities to near term projects in an effort to slow the decline in domestic production. DOE will give priority to projects designed to m...

Exploration & Development Webcasts

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 an...
Feb 24, 2011
Sponsored by

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 ...
Mar 9, 2011
Sponsored by

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 throug...
Mar 16, 2011
Sponsored by
IBM

Market Indices

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Market Connection

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Refinery Units and Equipment for Sale (PA)

Refinery Units and Equipment for Sale (PA). Pictured: LSG: Gasoline Desulfurizer, 65,000 BPD.

Welded

Contact Us for YOUR Next Pipeline Construction Project

We are a mainline contractor capable of installing pipeline projects ranging up to 48” anywhere within the United States. We give our clients a bal...
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...
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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...
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MAC-WELD Machining Ltd.

MAC-WELD Machining Ltd. Thermowells, Instrument Valves, Level Chambers, Orifice Plates, Bleed/Flush Rings. Over 35 years of instrumentation hardwa...

Oil & Gas Conferences

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Offshore Middle East Conference & Exhibition

January 26, 2015
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