World oil supplies remained relatively level at 82.1 million b/d during January, with production from the Organization of Petroleum Exporting Countries falling by 145,000 b/d ...
Various new downhole technologies allow companies to optimize the production of petroleum resources from wells with more complex geometries and producing horizons that are in ...
The rapid implementation of a radically new natural gas transportation regime in Norway reflects a broader revolution getting under way in Europe's gas markets.
El Paso Corp. has reduced its proven oil and natural gas reserves estimate by 1.8 tcfe, or 41%, leaving the company with 2.64 tcfe as of Dec. 31, 2003. Of that total, 66% is proved...
A new "Frontier" license that allows offshore operators to apply for relatively large acreage on the UK's Atlantic margin or continental shelf west of the Shetland and Orkney ...
Plains Exploration & Production Co. has agreed to acquire Houston rival Nuevo Energy Co. in a stock transaction valued at $945 million. Upon closing, Nuevo stockholders will own...
The White House told the US Congress that an existing law designed to discourage non-US companies from investing in either Iran or Libya should continue to give President George...
US demand for petroleum rose "only modestly" in 2003, part of a long-term trend in which US oil consumption has increased by only a fraction of the rate of the overall economy...
The US Congress faces an important challenge this year as it considers ways to keep nearly half a million miles of oil, natural gas and product pipelines safe and secure.
Water, the third phase in petroleum production, represents a massive liquid volume that operators have to handle and dispose of cost-effectively and in an environmentally sound...
A new high-strength steel with a specified minimum yield strength of 120 ksi has been developed for line pipe applications (OGJ, Dec. 1, 2003, p. 56).1