More Oil & Gas Exploration and Development News

Wintershall eyes old fields in southern Germany

Sep 10, 2015

Wintershall Holding GMBH is taking a hard look at old fields in southern Germany.

Karoon gets approval for Brazilian appraisal program

Sep 8, 2015

Karoon Gas Australia Ltd., Melbourne, has received approval from the Brazilian oil and gas regulator for its revised appraisal program for the company’s 65%-owned Santos basin blocks.

OGJ Newsletter

Sep 7, 2015

International news for oil and gas professionals

Study updates uplift-erosion correlation, Davie fracture zone

Sep 7, 2015

The basins along the eastern African margin and Madagascar contain proven petroleum systems where hydrocarbon discoveries are classified either as stratigraphic traps or as having a combination of stratigraphic and structural components.

When life gives you lemons

Sep 7, 2015

This year marks separate anniversaries of two catastrophic environmental events for the US Gulf Coast in general, and Louisiana in particular.

UBD creates wellbore instability in horizontal wells

Sep 7, 2015

Combining circumferential stresses with additional stresses produced by fluid seepage creates a new model which can be combined with the conventional model to fully describe in-situ stress regimes' influence on wellbore stability during underbalanced drilling (UBD) of horizontal wells.

Egyptian treasure

Sep 7, 2015

Disclosure of what might be a supergiant gas field off Egypt further complicates the geopolitical tangle confronting development of an expanding hydrocarbon treasure in the eastern Mediterranean.

Unconventional production raises unexpected tax questions, forum told

Sep 7, 2015

Unconventional oil and gas resource development has raised unexpected taxation questions that potentially could strain federal, state, and local government relationships, a public policy scholar at the Woodrow Wilson Center for International Scholars said.

Biocides in fracing fluid mitigate formation damage

Sep 7, 2015

Fresh water used in hydraulic fracturing contains microbes that can proliferate in storage tanks under the right conditions. These microbes degrade guar-based fracing fluids, creating biofilms that can lead to formation damage and lower production. 

OGJ150 scores higher production, lower earnings

Sep 7, 2015

Net income for the OGJ150 group plummeted 17.48% in 2014 to $73.98 billion. This was the worst performance in dollar terms for annual profits for the OGJ group since 2010.

Gas discovery offshore Egypt rivals Mediterranean giants

Sep 7, 2015

Eni SPA expects accelerated development of what it describes as a "supergiant gas discovery" at its deepwater Zohr prospect offshore Egypt. The company will immediately appraise its discovery, which it says might hold 30 tcf of lean gas in place in an area covering 100 sq km.


Sep 7, 2015

Lower oil prices slam OGJ100 2014 earnings

Sep 7, 2015

Oil & Gas Journal's latest look at the top 100 oil and gas producing companies based outside the US shows that profits were down worldwide last year, weighted by the sharp decline in crude oil prices in the second half of the year as well as the stronger US dollar.

EIA: Benefits of lifting US crude export ban most evident if output rises

Sep 6, 2015

A study released Sept. 1 by the US Energy Information Administration was apparent cause for celebration for several oil and gas industry groups, which took its findings as confirmation that lifting restrictions on US crude oil exports would be a net positive for the industry as well as consumers.

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