More Oil & Gas Exploration and Development News

INDUSTRY PRESSES PROGRAM TO BOOST OIL AND GAS PRODUCTION IN NIGERIA

Feb 26, 1990 Roger Vielvoye International Editor Nigeria, West Africa's biggest oil producer, has started a major spending program to boost its oil flow in the mid-1990s. The goal is to take advantage of an expected increase in demand for oil from members of the Organization of Petroleum Exporting Countries. Money also is being plowed into gas development. Nigeria's biggest single investment in the early 1990s aims to turn the country into West Africa's first gas exporter.

OTTAWA TO SELL PETRO-CANADA TO CUT DEFICIT

Feb 26, 1990 The Canadian government will sell Petro-Canada Inc. as part of a deficit reduction program. In a federal budget unveiled Feb. 20, Finance Minister Michael Wilson said Ottawa also will cancel federal financial support for the $4.1 billion OSLO oil sands development project in northern Alberta and an exploration incentives program. Ottawa has been considering sale of Petro-Canada for some time as part of a program to privatize government owned companies. The integrated oil company has an

INTERNATIONAL BRIEFS

Feb 26, 1990 U.S. EXPORT-IMPORT BANK approved a $13.2 million loan to Algeria's Sonatrach to help refurbish its Arzew liquefied natural gas plant, which is operating at only 60% of capacity (OGJ, Feb. 19, p. 34). Sonatrach will use the money to pay for engineering services from M.W. Kellogg, Houston, turbine parts from General Electric, and turbo-compressor parts from Elliot Turbo Machinery and Turbodyne.

OGJ NEWSLETTER

Feb 26, 1990 BP is making significant progress on cleanup of the oil spill off Huntington Beach, Calif. (OGJ, Feb. 19, p. 30). It has removed all gross contamination from beaches and all oil from the water. A work force less than one third peak levels at about 300 began fine-polishing cleanup last week.

SURFACE AREA APPROACH KEY TO BOREHOLE STABILITY

Feb 26, 1990 Roy D. Wilcox Baroid Drilling Fluids Inc. Houston Clay stability models based on surface-area, equilibrium water-content pressure relationships,' and electric double-layer' theory can successfully characterize borehole stability problems. Because borehole problems are complex, a total systems approach to their solution is required.

DOE OUTLINES 18 OIL FIELD RESEARCH PROJECTS

Feb 26, 1990 The U.S. Department of Energy has chosen 18 oil field research projects to receive nearly $8.4 million in federal funding. The projects range from general studies of the geologic makeup of oil reservoirs to use of luminescent bacteria to trace the flow of fluids through an oil bearing formation. They include five projects that will concentrate on fundamental studies of microbial enhanced oil recovery, a technique that uses microorganisms to boost oil production.

SOUTH AMERICAN TURNING POINTS

Mar 5, 1990 Change is afoot in South America. The continent simmers in political and economic pressures. Some of the pressures already have altered business conditions for foreign oil companies. Many more likely will do so soon. All the main South American oil producing countries have struggling economies, underexplored resources, and great capital needs. That combination has created opportunities for foreign companies in some countries and should in all the others. But nationalistic resistance to

WATCHING WASHINGTON NOT OFF JONES'S COAST

Mar 5, 1990 With Patrick Crow Lingering discord over a planned wildcat off North Carolina has had repercussions on Capitol Hill. Rep. Walter Jones (D-N.C.) and 16 other congressmen have filed a bill to overturn a 1984 Supreme Court decision that upheld the federal government's right to hold offshore lease sales even if coastal states object. The court held that federal offshore leasing is not an activity that "directly affects" the coastal zone, as defined under the 1972 Coastal Zone Management Act,

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

HUNT TO EXPLORE BLOCK IN SOUTHERN LAOS

Mar 5, 1990 The Laotian government and Laos Hunt Oil Co. have signed a production sharing contract covering 6.4 million acres in the southern part of Laos. The agreement provides for an initial 2 year exploration term with options for four more 2 year terms. Laos Hunt, a subsidiary of Hunt Oil Co., Dallas, will conduct geological and geophysical studies in the first 2 years of operations and acquire at least 500 line km of seismic data during the second 2 years. The company will drill an unspecified number

COLLAPSE TESTS EXPAND COILED-TUBING USES

Mar 5, 1990 Eric J. Walker, Clifton M. Mason BP Exploration (Alaska) Inc. Anchorage Tests on coiled tubing have allowed BP Exploration (Alaska) Inc. to decrease well work costs for some operations, especially squeeze cementing. in 1989, BPX (AK) conducted collapse tests of 1.5 in. (0.095 in. and 0.109-in. wall thickness) and 1.75-in. (0.109-in. wall thickness) OD coiled tubing while under imposed axial load and differential pressure. These tests were performed to define accurate field operating limits

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

DRILLING, PRODUCTION MEET ENVIRONMENTAL CHALLENGE

Mar 5, 1990 Guntis Moritis Drilling/Production Editor Equipment and practices for extracting, in an environmentally sound manner, hydrocarbons from the earth can significantly differ from one location to the next. Practices that are environmentally acceptable at one location may place the environment at severe risk at another. New regulations such the Superfund and Clean Water laws are forcing operators in the U.S. to change the methods for waste disposal or incorporate less hazardous substances into the

THERE IS NEW DRILLING IN APPALACHIAN BASIN

Mar 5, 1990 John McCaslin Exploration Editor There seems to be a flicker of exploratory success in Appalachia that could relight the gas hunt that began several years ago in the Eastern Overthrust Belt. Recent action in Jordan Run field, West Virginia, new producers in several counties in the state, a deeper pool project in southeastern Ohio, new production in Centre County, Penn., and new gas prospects in the Morgantown area should set the stage for another round of wildcatting and field development work

REFINERS, PETROCHEM PLANTS FOCUS ON NEW WASTE CHALLENGES

Mar 5, 1990 Richard A. Corbett Refining/Petrochemical Editor Refineries and petrochemical plants face tough regulations on emissions of hazardous wastes and air emissions during the next decade. During the 1990s, process plants will have to substantially change the way they generate, handle, store, and dispose of hazardous wastes, particularly spent catalysts, and they will likely have to substantially reduce air emissions.

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