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  • Volume 92, Issue 20
  • Volume 92, Issue 20

    More content from Volume 92, Issue 20

    Optimism is growing less cautioues in Cambodia after companies tested two discoveries earlier this year. Observers believe that as many as seven to 10 wells may be drilled in ...
    May 16, 1994
    Demand for natural gas in Europe through 2010 will grow substantially, particularly for power generation. Supplies, nevertheless, will remain adequate, possibly even in surplus...
    May 16, 1994
    Robert T. Fabian Hycalog Houston A rock strength analysis program, through intensive log analysis, can quantify rock hardness in terms of confined compressive strength to identify...
    May 16, 1994
    Competition for quality U.S. oil and gas reserves remains strong. Despite sagging crude oil prices, the median value of U.S. oil and gas reserves increased to $4.32/bbl of oil...
    May 16, 1994
    Operating costs in Norway's oil and gas fields are falling and are expected to reach a recent low of an average 34 kroner ($4.40)/bbl oil equivalent (BOE) next year. Wood ...
    May 16, 1994
    Martin Keeley Consulting petroleum geologist Leighton Buzzard, U.K. Egon Castro Arevalo Ecopetrol Bogota Reevaluation of Colombia's Llanos basin has identified 10 plays and...
    May 16, 1994
    South Australia has asked for bids on petroleum exploration licenses (PELs) covering 32,400 sq km in the eastern Officer basin. PELs are to be assigned to applicants submitting...
    May 16, 1994
    Drilling costs averaged 25.3% lower in and off the U.S. in 1992 despite an increase in average depth from 1991, according to the 1992 joint Association Survey on Drilling Costs...
    May 16, 1994
    Exploratory and appraisal drilling off Northwest Europe is languishing, largely because of tax policy changes. Last year's U.K. government decision to remove exploratory and...
    May 16, 1994
    The Indian Wells Valley in the Mojave Desert may give Kern County a new energy source, says Dr. Frank Monastero, who heads the Department of Defense's geothermal program at...
    May 16, 1994
    With Patrick Crow from Washington, D. C. Intertanko, the International Association of Independent Tanker Owners, is cracking down on safety. At its annual meeting in Washington...
    May 16, 1994
    The oil industry will have to live with low crude oil prices and a high level of price volatility "for some time," says ARCO Chairman and Chief Executive Officer Lodwrick M. Cook...
    May 16, 1994
    World oil demand will grow substantially in 1994-95 as economies strengthen in Organization for Economic Cooperation and Development and developing countries, U.S. Energy Information...
    May 16, 1994
    Foreign joint venture activity is humming in Azerbaijan's upstream petroleum sector.
    May 16, 1994
    A MONTANA COURT ordered City Oil Corp. Pres. Christopher M. Pederson to pay a $1.8 million civil penalty by May 20 for allegedly violating federal rules that protect against contaminati...
    May 16, 1994
    A.D. Koen Senior Editor-News Despite more than a decade of downsizing, continuing uncertainty in oil markets is forcing U.S. petroleum companies into another round of cutting ...
    May 16, 1994
    Outbreak of civil war in yemen has prompted some oil and gas companies to pull staff out of the country. Canadian Occidental Petroleum Ltd., Calgary, has evacuated 130 administrative...
    May 16, 1994
    With David Knott from London While some in the energy industry worry about how long the world's oil and gas reserves will last, one man has been looking much farther down ...
    May 16, 1994
    Michael C. Wellons, Ajit V. Sapre Mobil Research & Development Corp. Princeton, N.J. Arthur I. Chang, T.L. Laird Mobil Oil Corp. Beaumont, Tex. Mobil Research & Development Corp...
    May 16, 1994