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  • Volume 117, Issue 8

    • Volume 117, Issue 8

    Aug. 5, 2019 | BlueCrest Energy produced oil from its Cosmopolitan Unit in Alaska’s Cook Inlet by drilling from onshore into the offshore reservoir, coming up vertically from below the oil using what the company calls a fishbone technique. OGJ’s Drilling Focus special report, also covering the benefits of fully automated directional drilling as demonstrated in the Permian basin, starts on p. 35. Photo from BlueCrest Energy.
    General Interest

    Equinor reports second-quarter earnings of $1.13 billion

    Aug. 22, 2019
    Equinor ASA reported adjusted earnings of $3.15 billion in this year’s second quarter, down from $4.31 billion in the same quarter in 2018, citing lower prices, turnarounds, and...
    General Interest

    ConocoPhillips posts 2Q earnings of $1.6 billion

    Aug. 22, 2019
    ConocoPhillips Co. reported second-quarter earnings of $1.6 billion, essentially unchanged from second-quarter 2018 earnings. Excluding special items, second-quarter adjusted ...
    Government

    US Senators prepare bill to repeal RFS’s ethanol quotas

    Aug. 22, 2019
    US Sens. Pat Toomey (R-Pa.) and Dianne Feinstein (D-Calif.) announced the preparation of legislation that would repeal the corn ethanol mandate under the federal Renewable Fuel...
    Government

    Australia ratifies marine border with East Timor

    Aug. 22, 2019
    The Australian parliament in Canberra has passed legislation that will enable ratification of the treaty fixing the country’s marine boundary with East Timor that was signed at...
    General Interest

    Eni: World oil reserves increased 0.4% in 2018

    Aug. 22, 2019
    Eni SPA has released the 18th edition of its World Oil Review, which is the first volume of the report, World Oil, Gas & Renewables Review.

    More content from Volume 117, Issue 8

    General Interest

    Combine formed to execute Gulf Coast Growth Ventures project

    Aug. 22, 2019
    Taiwan’s CTCI has formed a JV with McDermott International to carry out work on a portion of the SABIC-ExxonMobil Gulf Coast Growth Ventures project, a 1.8 million-tonne/year ...
    General Interest

    OMV, CAP, Mubadala weigh Indonesian petchem collaboration

    Aug. 22, 2019
    OMV AG has signed a memorandum of understanding with PT Chandra Asri Petrochemical Tbk. (CAP) and Mubadala Investment Co. to explore opportunities for collaboration in Indonesia...
    General Interest

    Kuwait advances expansion of Al-Zour refining complex

    Aug. 22, 2019
    Kuwait Integrated Petroleum Industries has let a contract to Honeywell UOP to complete the reconfiguration of refining and petrochemicals sections of KIPIC’s grassroots Al-Zour...
    General Interest

    Prince George due grassroots petchem complex

    Aug. 22, 2019
    West Coast Olefins Ltd. (WCOL) of Calgary has taken the first steps toward development of a $5.6-billion (Can.) grassroots petrochemical complex to be built in Prince George, ...
    General Interest

    Equinor completes delineation of Lille Prinsen oil discovery

    Aug. 22, 2019
    Equinor Energy AS completed drilling appraisal wells 16/1-30 S and 16/1-30 A as part of delineation of the 16/1-29 S (Lille Prinsen) oil discovery in the North Sea.
    Government

    Papua New Guinea government ponders review of LNG deal

    Aug. 22, 2019
    The government of Papua New Guinea may withdraw the gas deal it forged with the Total SA-led joint venture for the Papua LNG (Elk-Antelope field) development in April and seek...
    Government

    FERC creates division to handle LNG projects

    Aug. 22, 2019
    The US Federal Energy Regulatory Commission is creating a division within its Office of Energy Projects (OEP) to accommodate the growing number and complexity of applications ...
    Government

    Court orders FWS to rework 2018 ACP approvals

    Aug. 22, 2019
    A federal appeals court in Richmond, Va., ruled that the US Fish and Wildlife Service did not correct deficiencies when it issued a fresh biological opinion (BiOp) and incidental...
    General Interest

    Comment: Mexico’s energy reform takes another hit

    Aug. 22, 2019
    Mexico faces formidable challenges to halt the sustained decline in oil production under way since 2004. A forthcoming paper from the EPRINC presents a detailed assessment of ...
    General Interest

    OGJ Newsletter

    Aug. 20, 2019
    GENERAL INTEREST Quick Takes Anadarko reports net loss for 2Q earnings Anadarko Petroleum Corp. reported a net loss of $1.025 billion for this year’s second quarter. The loss ...
    General Interest

    Journally Speaking: Sticks and stones

    Aug. 20, 2019
    You have to be careful what you say (or tweet or post) nowadays. Hardly a day passes without news of someone taking noisy offense at something said (or tweeted or posted) by someone...
    General Interest

    Editorial: Managing oil supply

    Aug. 20, 2019
    Reliance on supply management remains a governing characteristic of the oil market. Never easy but remarkably successful since January 2017, the management of oil supply grows...
    General Interest

    NOIA’s president retires, ponders industry’s post-Macondo challenges

    Aug. 20, 2019
    Nick SnowWashington EditorRandall B. Luthi became president of the Washington-based National Ocean Industries Association on Mar. 1, 2010. The deepwater Macondo well blowout, ...
    Photo from Valeura
    Valeura Energy drilled Yamalik-1 discovery well to 4,200 m, discovering a 1,300-m natural gas and condensate column in overpressured reservoirs below 2,900 m in the Tertiary Teslimkoy and Kesan formations (Fig. 2).
    Exploration & Development

    Valeura testing basin-centered gas accumulation potential in Turkey

    Aug. 20, 2019
    Valeura Energy Inc. of Calgary and partner Equinor started reservoir stimulation and testing operations on their Inanli-1 appraisal well in the Thrace Basin in northwest Turkey...
    Erratic green spikes in this image show incorrect initial toolface orientation (Fig. 1).
    Drilling & Production

    Permian data show benefits of fully automated directional drilling

    Aug. 20, 2019
    Bill ChmelaMichael BarrettMotive Drilling TechnologiesDallasRandy GollMotive Drilling TechnologiesOklahoma CityJeremy Cantwell Todd Benson Motive Drilling TechnologiesDallas Sarah...
    Photo from BlueCrest
    BlueCrest Energy’s drilling and production complex on Alaska’s Southern Kenai Peninsula features an onshore extended reach rig, BlueCrest 1, that drills oil wells in Cosmopolitan field. Oil storage tanks also are shown (Fig 2).
    Drilling & Production

    BlueCrest adapts extended reach drilling for Alaska’s Cook Inlet

    Aug. 20, 2019
    BlueCrest Energy, a privately owned independent based in Fort Worth, Tex., has adapted long-range drilling techniques to produce oil from the Cosmopolitan Unit in Alaska’s Cook...
    Located near Snyder, Tex., Kinder Morgan CO2 Co. LP’s Snyder gas plant processes gas from the SACROC unit, a field comprised of about 50,000 acres, of which Kinder Morgan Inc. owns a majority working interest (Fig. 1).
    Gas Processing

    Accelerated amine-solvent change improves gas plant performance

    Aug. 19, 2019
    A natural gas liquid treater using monoethanol amine to remove carbon dioxide and hydrogen sulfide accumulated high levels of CO2 degradation products, reducing the capacity of...
    Editor's Perspective

    US air-quality news mostly good, even for CO2

    Aug. 19, 2019
    First, the bad news. (Nowadays, good environmental news gets muffled mention, if that.) The bad news is a rising US trend in unhealthy air days.
    Government

    Meanwhile, back in Michigan

    Aug. 19, 2019
    In December, plans to implement a state government authority in Michigan designed to build an enclosed underwater tunnel crossing the Mackinac Straits for Enbridge’s proposed ...
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    Pipelines & Transportation

    Politics, NOCs drive China’s uncertain LNG market

    Aug. 19, 2019
    China’s potential as a very large LNG demand center remains uncertain. Estimating long-term LNG demand from China faces two unique problems.
    LNG

    Africa, North America, Russia lead 2019 LNG plant investment plans

    Aug. 19, 2019
    Africa, North America, and Russia are taking the lead in the next phase of global LNG megaprojects, with 2019 expected to shatter previous investment records for the industry ...