More Oil & Gas Exploration and Development News

FIND BUOYS PETROBRAS CAMPOS BASIN HOPES

Mar 5, 1990 Petroleo Brasileiro SA, Brazil's state oil company, is pressing the hunt for billion-barrel fields in the deepwater Campos basin. Latest evidence of the company's high success rate in the deepwater basin is a significant oil discovery near Corvina and Marimba producing oil fields. Petrobras has made Offshore Campos exploration and development a priority in its program aimed at achieving oil self-sufficiency for Brazil in the 1990s. It also recently stepped up activity in the remote

OGJ NEWSLETTER

Mar 5, 1990 More oil spills bedevil industry (see story, p. 24). Illinois environmental officials hiked the estimate of a Feb. 19 crude spill caused by a pipeline rupture at Shell Oil Co.'s Wood River, Ill., refinery to 16,000 bbl, about 16 times the level Shell originally reported, state officials said. Illinois Environmental Protection Agency called for a study of the refinery, which has had a string of mishaps the past 2 years. In pipeline leaks alone, nearly 23,000 bbl of crude or product has been

INTERNATIONAL BRIEFS

Mar 5, 1990 TOTAL INDONESIA gauged an oil and gas/condensate discovery in the Mahakam area off Indonesia. Total 2B Sisi flowed 1,435 b/d of 36 gravity oil, 22 MMcfd of gas, and 1,245 b/d of 45-48 gravity condensate. The discovery, drilled as a replacement for a September 1988 blowout, bottomed at 15,385 ft in 253 ft of water. Total and Japan Petroleum Exploration Co. Ltd. unit Indonesia Petroleum Ltd. share the contractor interest 50-50.

NON-U.S. E&P FOCUS OF UNOCAL SPENDING HIKE

Mar 5, 1990 Unocal Corp. has hiked its capital and exploration budget by 22% to almost $1.5 billion from a year ago. The company's budget for the first time earmarks higher outlays for non-U.S. exploration than it does for U.S exploration. Unocal jumped its 1990 budget for capital spending alone to $1.27 billion from $1.05 billion in 1989. Of this year's total, U.S. outlays will rise to $858 million from $695 million in 1989, and non-U.S. spending will increase to $413 million from $355 million

RIG SAFETY DEPENDS ON EQUIPMENT, REGULATIONS, AND PERSONNEL

Mar 5, 1990 Thomas R. Bates Jr., Stuart Tait Sedco Forex Aberdeen, U.K. Galin Mumford Sedco Forex Montrouge, France Improvements that can increase rig safety can be made in equipment, regulations, and stabilized personnel levels. With regard to equipment, exposure to material handling must be reduced through automation, and well-control technology must be improved by enhanced use of computers and better systems to handle gas.

EXXON, BP GRAPPLE WITH OIL SPILL PROBLEMS

Mar 5, 1990 Exxon Corp. and BP America continue to grapple with problems associated with oil spills off Alaska and California. A federal grand jury in Anchorage last week indicted Exxon and Exxon Shipping Co. on felony and misdemeanor charges stemming from the Mar. 24, 1989, Exxon Valdez oil spill in Prince William Sound off Alaska. The Justice Department said if Exxon is convicted on the five count criminal indictment, the company could face fines totaling more than $700 million.

U.S. WASTE DISPOSAL DEADLINES APPROACHING

Mar 5, 1990 An environmental specialist with one of the U.S.'s largest waste treating companies warns that waste generators, including the massive Gulf Coast refining and petrochemical complex, are approaching their most serious, significant deadline since passage of the Resource Conservation and Recovery Act (RCRA) of 1976. The deadline is a result of land ban disposal regulations that represent, says John T. Biedry, program manager for Chemical Waste Management Inc. (CWM), "the U.S. Environmental

TANKER TRAFFIC TO SHIFT IN FLORIDA KEYS AREA

Mar 5, 1990 Several oil companies have voluntarily agreed to move their tanker traffic 10 miles away from the Florida Keys. Florida Gov. Bob Martinez said the move is designed to protect coral reef and other sensitive coastal resources from the threat of groundings and oil spills.

CONTINGENCY PLANNING CRUCIAL TO OIL-SPILL RESPONSE

Mar 5, 1990 Charles B. Anderson, Brian D. Starer Haight, Gardner, Poor & Havens New York The first line of defense against an oil spill or release of hazardous substances is an effective individual company contingency plan and a well-trained and organized response team. Facility-specific plans should be prepared for coastal and offshore petroleum exploration wells and production facilities, terminals, and other oil-transfer facilities, and any other sites with a potential for spills of hazardous

OTTAWA OUTLINES PLAN FOR PETRO-CANADA SALE

Mar 5, 1990 Sale of Petro-Canada, Canada's national oil company, will begin with a 15% offering to Canadian investors. Federal Privatization Minister John McDermid said the offering will be the first of several designed to put the company entirely in private ownership. He gave no date for the first sale. The government disclosed in a Feb. 20 budget it will privatize the 14 year old Calgary company, which has a book value of about $4.2 billion. Terms of the sale will keep any single investor from

IMPORTANT NORWEGIAN CRUDE ASSAYS UPDATED

Mar 12, 1990 Richard A. Corbett Refining/Petrochemical Editor New assays on two important Norwegian North Sea crude oils, Statfjord and Gullfaks, have updated earlier assays published by OGJ on June 6, 1983. Both are high-quality, low-sulfur crudes that will yield a full range of good-quality products. All assay data came from industry-standard test procedures (Table 1). The Statfjord field, operated by Statoil the Norwegian state oil company, is the largest in the North Sea. Production started in 1979.

CONOCO'S HORIZONTAL DRILLING BOOSTS FLOW RATES IN NORTH SEA

Mar 12, 1990 Units of Conoco Inc. have drilled their first two horizontal wells in the U.K. and Dutch North Sea, achieving good flow rates at both. The wells used the medium radius technique, employing specially designed motor systems to achieve angle build rates of 6-20/100 ft. In Block 49/16 off Britain, the well by Conoco (U.K.) Ltd. in North Valiant gas field was the first horizontal drilling in the southern gas province of the North Sea. It also was the first time the medium radius technique was used

INDIA CELEBRATES ITS 100 YEAR DIGBOI FIND

Mar 12, 1990 S.K. Bhattacharjee (Kumar) Sita Oil Exploration House Inc. Houston On Jan. 24, 1990, India celebrated its 100 th year of commercial petroleum production from Digboi field, located in the northeastern part of the nation. This is a great achievement for a country of its size and problems. The first oil well was drilled in 1866, quite a few years before the great Digboi hit of 1890. The first well to be logged (by Schlumberger) dates back to 1933 and was a field development well in the Digboi

U.S. BRIEFS

Mar 12, 1990 GLOBAL NATURAL RESOURCES INC., Houston, acquired from Chuska Energy Co. a 10% participating interest in the Navajo/Paradox basin exploration joint venture for $5 million. Global agreed to carry Chuska for the next $7.5 million in capital spending allocable to Chuska's remaining 40% interest.

SUBSEA DEVELOPMENTS-1 TECHNOLOGY, NEEDS FAVOR MORE ACTIVITY

Mar 12, 1990 Knut S. Skattum Norsk Hydro A.S. Oslo Given the large amount of information available on subsea production facilities and experience with them,' ' the time is ripe to analyze subsea development and consider the technical and economic challenges for this technology.

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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.

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