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  • Volume 120, Issue 9

    • Volume 120, Issue 9

    Sept. 5, 2022 | SBM Offshore NV’s 100,000-boe/d Espirito Santo FPSO is producing Parque das Conchas field (BC-10) offshore Brazil for Shell PLC. Two other Campos basin fields are also being developed with subsea wells and manifolds tied back to Espirito Santo in 1,800 m of water. Shell is among the companies featured in the annual OGJ 100/150 listings beginning on p. 18. Photo from Shell International Ltd.
    General Interest

    OGJ Newsletter

    Sept. 5, 2022
    A roundup of General Interest, Exploration & Development, Drilling & Production, Processing, and Transportation news from around the industry.
    General Interest

    Journally Speaking: Government stock release

    Sept. 5, 2022
    International Energy Agency (IEA) member countries are coordinating the release of emergency oil inventories, helping to ease supply concerns and reduce market tensions by bringing...
    General Interest

    Editorial: Build on what works

    Sept. 5, 2022
    The Inflation Reduction Act was poorly named. Its most ardent proponents are among those who acknowledge that it will do little to reduce inflation in the near term, and even ...
    General Interest

    Enbridge wins ruling to keep Line 5 fight in federal court

    Sept. 5, 2022
    A federal judge ruled Aug. 18 that the Michigan government’s fight to shut down Enbridge Inc.’s Line 5 pipeline must remain in federal court.
    General Interest

    APA makes first discovery in Block 53 offshore Suriname

    Sept. 5, 2022
    APA Corp., Houston, discovered oil in Block 53 offshore Suriname.

    More content from Volume 120, Issue 9

    General Interest

    Russian pipeline natural gas exports to Europe down 40%

    Sept. 5, 2022
    Russia’s natural gas exports by pipeline to the European Union (EU) and UK declined by almost 40% during the first 7 months of 2022 compared with the same period in 2021.
    General Interest

    EIA: US natural gas exports to Mexico increasing at West Texas border

    Sept. 5, 2022
    Pipeline exports of natural gas from West Texas to Mexico averaged 1.6 bcfd in May 2022, the largest pipeline export from West Texas on record, according to the latest monthly...
    General Interest

    TMK confirms high gas contents at Snow Leopard wells, Mongolia

    Sept. 5, 2022
    TMK Energy Ltd., Perth, confirmed high gas contents in Snow Leopard wells in the Gurvantes XXXV coal seam gas project in South Gobi basin in Mongolia.
    General Interest

    Equitrans gets 4-year Mountain Valley gas pipeline extension

    Sept. 5, 2022
    Equitrans Midstream Corp. has received a 4-year extension from the US Federal Energy Regulatory Commission (FERC) to place its 303-mile Mountain Valley natural gas pipeline (MVP...
    General Interest

    Federal grants to help states plug orphaned oil, gas wells

    Sept. 5, 2022
    An initial $560 million in grants were announced Aug. 25 as the Interior Department began channeling funds to states to aid in plugging orphaned oil and gas wells and remediating...
    General Interest

    Rystad: Russian crude output, exports to drop

    Sept. 5, 2022
    Russia has so far demonstrated high resilience to the unprecedented pressure imposed by Europe and the US – but the worst is yet to come, according Rystad Energy research.
    Economics & Markets

    OGJ100 companies benefit from higher commodity prices in 2021

    Sept. 5, 2022
    Global oil demand and commodity prices rebounded last year as COVID-19 restrictions were increasingly lifted, and the latest OGJ100 survey shows the financial performance of included...
    Economics & Markets

    OGJ150 firms post strong 2021 earnings on higher commodity prices

    Sept. 5, 2022
    The OGJ150 group of oil and gas producers recorded strong financial results in 2021, compared to massive losses reported in 2020, reflecting the rebound in commodity prices.
    Annual CO2 emissions (Fig. 1).
    General Interest

    Integrated engineering repurposes infrastructure for carbon capture

    Sept. 5, 2022
    Repurposing existing wells and pipelines for carbon capture and storage (CCS) must consider the state of existing equipment and its suitability for CO2 service. Plugged and abandoned...
    Hydrogen Project Trend
    Energy Transition

    Blue hydrogen energy transition requires hydrocarbons, carbon storage

    Sept. 5, 2022
    The oil and gas industry can participate in the hydrogen industry by supplying fossil fuels for hydrogen production and sequestering waste CO2 in deep saline aquifers or depleted...
    Energy Transition

    Phillips 66’s UK plant pioneering refinery carbon capture project

    Sept. 5, 2022
    Phillips 66 is advancing what could become the first ever industrial-scale carbon capture project to be executed within a refining plant at Phillips 66 Ltd.’s Humber refinery ...
    Map of proposed midcontinent CCS pipelines.
    General Interest

    Navigator expands CCS pipeline, targets mid-2025 startup

    Sept. 5, 2022
    Navigator CO2 Ventures LLC plans to start construction on its Heartland Greenway pipeline in second-quarter 2024, with project commissioning and startup in mid-2025.