More Oil & Gas Exploration and Development News

INTERNATIONAL BRIEFS

Feb 5, 1990 INSTITUTE COSTARRICENSE de Electricidad (ICE) of Costa Rica received a $182.8 million loan from Inter-American Development Bank for a $264.1 million electrical power project. ICE will build the 55,000 kw Miravalles 11 geothermal plant, the 24,000 kw Toro I and 66,000 kw Toro 11 hydroelectric plants, and a substation and expand six other substations. A/S NORSKE SHELL let a 1.1 billion kroner ($168 million) contract to Kvaerner Rosenberg, Stavanger, to build the 18,500 metric ton decks for a

OGJ NEWSLETTER

Feb 5, 1990 OPEC Sec. Gen. Subroto has urged Japan to provide an unspecified level of funding to help OPEC raise productive capacity to prepare for a tighter crude oil market. Subroto told Hikaru Matsunaga, minister of international trade and industry, OPEC will need $60 billion in foreign aid to boost capacity 6-7 million b/d by 1995. Matsunaga said the Japanese government will carefully consider the request. Japan imported 3.59 million b/d in 1989, 76.5% of it from OPEC and an 8.2%, gain from 1988

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 Venezuela represents that country's major deposits. In recent years as conventional oil supplies decline, more and more attention is diverted to heavy oils and tar sands. in western Canada, the major deposits of Cold Lake, Athabasca, Wabasca and Peace River, together are estimated to hold 967 billion

ENVIRONMENT KEY TO BIG WRITEDOWNS

Feb 5, 1990 Long delay in starting up Point Arguello field off California hits Chevron, Texaco, Phillips fourth quarter earnings. Exxon Valdez, petrochemical plant blast also factors in profits pinch. ARCO, Sun take charges for environmental expenses. Environmental and safety woes have spurred a number of U.S. companies to take writedowns totaling more than $2 billion against 1989 earnings. Chevron Corp. charged $1.203 billion in special items against earnings, Texaco Inc. took charges totaling $355

BHP GROUP'S NW SHELF WELL CUTS THICK PAY NEAR '89 FIND

Feb 5, 1990 BHP Petroleum Pty. Ltd. and partners have drilled an apparent Northwest Shelf oil discovery near their 1989 Chinook strike, boosting prospects for another floating production system (FPS) off Australia. BHP 1 Griffin, in the WA-210-P permit, cut a 318 ft thick hydrocarbon column. Preliminary samples taken downhole indicate oil is present. BHP has high hopes for the well because most of the column is in Cretaceous Barrow group sands, the pay at nearby Saladin, South Pepper/North Herald, and

PETROBRAS DRAWS BEAD ON AMAZON REGION FOR MORE OIL AND GAS

Feb 12, 1990 State owned Petroleo Brasileiro SA (Petrobras) is pressing its campaign to transform Brazil's Amazonas province into a major oil and gas producing region. The financially troubled company is banking on production from an accelerated program in the upper Amazon to contribute a growing share to national production. Oil for the 10,000 b/d refinery at Manaus, which supplies the entire Amazon region with petroleum products, previously had to be shipped in from fields along Brazil's northeast

OGJ NEWSLETTER

Feb 12, 1990 Alaska North Slope crude spilled into the Pacific Ocean about 11/2 miles off Huntington Beach, Calif., last week from a tanker involved in a lightening operation. The oil leaked the afternoon of Feb. 7 from the 82,300 dwt American Trader, chartered to a British Petroleum affiliate by American Trading & Transport Co., New York. BP took responsibility for the spill and began clean-up efforts. Various sources estimated the spilled volume at 6,000-8,000 bbl, 2-3% of the amount of the March 1989

EXPERT SYSTEM TRAINS, ADVISES PROCESS OPERATORS

Feb 12, 1990 Terrell Touchstone, Derek E. Blackwell, Grady E. Carter, Jolene K. Kramer Chevron Corp. Richmond, Calif. A prototype, on-line, expert system has been developed at Chevron Corp.'s Richmond, Calif., refinery to advise and train process operators. The system models the experience and decision making capability of the operator, rather than automating the decision process by modeling process equipment and operations.

CAUSES OF SHORTER DELAYED COKER HEATER RUNS REPORTED

Feb 12, 1990 Norman P. Lieberman Process Improvement Engineering Metairie, La. Feed interruptions and localized high heat fluxes are common causes of shortened delayed coker heater run lengths. These causes were discussed by operators of delayed coking units who attended a delayed coking seminar held by Process Improvement Engineering in New Orleans in November 1989.

U.K. OPERATOR GETS ACREAGE IN MYANMAR

Feb 12, 1990 Kirkland Resources (Holdings) pic, Harpenden, England, has acquired the final block in the first allocation to foreign oil companies of exploration acreage in Myanmar, formerly Burma. Kirkland subsidiary Kirkland Resources (Myanmar) Ltd. signed a joint venture exploration and production agreement with Myanmar Oil & Gas Enterprise covering an 11,000 sq km license area in the southeast part of the country. Kirkland plans a 3 year, $4 million exploration program on Block J. It is in an area of

A FUTURE ARCTIC EXPLORATION TARGET: LOWER PALEOZOIC IN NORTH GREENLAND

Feb 12, 1990 Flemming G. Christiansen Geological Survey of Greenland Copenhagen, Denmark The Lower Paleozoic Franklinian basin in North Greenland occupies an area of more than 150,000 sq km, of which more than half is covered by the Inland Ice cap or dissected by glaciers or permanently frozen fiords (Fig. 1). Most sedimentary units are well exposed and hence the initial assessment of the petroleum potential of this essentially unexplored frontier area concentrates on the study of potential source rocks,

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 maintain production from wells that face the greatest risk of abandonment within the next 5 years. Henson Moore, deputy energy secretary, said the policy shift largely is prompted by a new study on abandonment rates. Through most of the 1980's federal oil and gas research programs focused on

RESEARCH SET ON DRILLING TECHNOLOGY

Feb 12, 1990 Conoco Inc. and 24 international companies are forming a group to conduct drilling and formation evaluation research. Research will be conducted at Conoco's borehole test facility near Newkirk, Okla. The area is particularly well suited because there is a wide range of geological formations at relatively shallow depths, said Roger Able, Conoco general manager, production engineering and research.

U.S. BRIEFS

Feb 12, 1990 DEPARTMENT OF ENERGY and American Electric Power Service Corp., Columbus, Ohio, will build a $660 million, cost shared, commercial scale pressurized fluidized bed combustion (PFBC) unit at the Philip Sporn plant in New Haven, W. Va., under DOE's clean coal program. Objective is to demonstrate the feasibility and economics of PFBC technology, which reduces sulfur dioxide and nitrogen oxide emissions, in a plant of at least 330,000 kw capacity.

LEASE PLAY ERUPTS IN BLACK WARRIOR BASIN

Feb 12, 1990 A Cambro-Ordovician Knox dolomite lease play is mushrooming in the Black Warrior basin of Mississippi and Alabama. Exploration Co. of Louisiana (XCL), Lafayette, La., said the play is an extension of Cambro-Ordovician Arbuckle dolomite exploration near Wilburton, Okla., in the Arkoma basin. Knox and Arbuckle are geologic equivalents. XCL has acquired lease interests lying in 18 northern Mississippi counties and two western Alabama counties in the Black Warrior basin. At its farthest point,

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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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