More Oil Company Executives News

Franke named CEO of HRT Oil & Gas

Feb 29, 2012

HRT Participacoes em Petroleo SA, Rio de Janeiro, has appointed Milton Romeu Franke as chief executive officer of its subsidiary HRT O&G Exploracao e Producao Ltda.

IADC names Colville president; Hunt to retire

Feb 23, 2012

The International Association of Drilling Contractors announces the appointment of Stephen A. Colville to the position of president. This follows the retirement of Lee Hunt, who has held that office for the past 22 years.

Anadarko taps Walker for CEO role; Hackett named executive chairman

Feb 21, 2012

Anadarko Petroleum Corp. reported that its board promoted Al Walker to the position of chief executive officer. Walker currently serves as the Houston independent’s president and chief operating officer.

Watching Government: The efficiency variable

Feb 20, 2012

Soon after a spate of stories about annual energy forecasts appeared, a reader e-mailed OGJ with a simple question: With all this optimism about production growth from shales and deep water, when will the world run out of oil?

Panelists see informed regulations as key to unconventional production

Feb 20, 2012

Development of the necessary data to reach informed regulatory decisions is the next critical unconventional production issue to be addressed, panelists said in a Feb. 14 forum co-sponsored by General Electric Co. and the Center for Strategic and International Studies.

Watching Government: NARUC fracing session insights

Feb 13, 2012

There were few surprises when the National Association of Regulatory Commissioners' energy and environmental resources and natural gas committees held a joint meeting on hydraulic fracturing at NARUC's 2012 winter meeting in Washington on Feb. 7.

COMMENT: The importance of dependencies in multireservoir prospect evaluation

Feb 6, 2012

In the opening paragraphs of the above article on dependencies between two reservoirs, the authors state that: "In particular, varying the allowed probability for the dependent reservoir is shown to not influence either the expected project value or the standard deviation around the expected value.

Richardson named Petrobank vice-president

Feb 1, 2012

Rob Richardson has joined Petrobank Energy & Resources Ltd., Calgary, as vice-president, exploitation.

Okhde to oversee Indian Oil's pipeline network

Feb 1, 2012

V.S. Okhde has been named director (pipelines) of Indian Oil Corp. Ltd., New Delhi, overseeing the state-owned company’s network of 11,000 km of crude oil, products, and natural gas pipelines.

Watching the World: Tehran's impotence exposed

Jan 30, 2012 Gulf Arabs are up in arms over attempts by Iran to drag them into its growing confrontation with the international community over nuclear weapons, as noted by one eminent Arab commentator.

Watching Government: Behind the pipeline safety bill

Jan 23, 2012 Amid gridlock caused by hyperpartisanship, the 112th US Congress nevertheless passed some bills in 2011. Many came at the 11th hour when the federal government faced imminent financial default, shutdown, or similar calamities.

Connacher directors start strategic review

Jan 20, 2012

Directors of Connacher Oil & Gas Ltd., Calgary, after management changes earlier this month, have engaged Goldman Sachs to help with a strategic review (OGJ Online, Jan. 13, 2012).

New Zealand Energy expands management team

Jan 18, 2012

New Zealand Energy Corp., Vancouver, BC, has expanded its New Zealand management team to support the company’s exploration, development, and production efforts in the Taranaki and East Coast basins.

Venoco okays deal to be bought by Marquez group

Jan 17, 2012

Venoco Inc., Denver, has signed a definitive merger agreement under which its chairman and chief executive officer, Timothy M. Marquez, who with affiliated trusts and foundations holds 50.3% of Venoco’s common stock, will acquire Venoco.

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