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  • Volume 124, Issue 5

    • Volume 124, Issue 5

    OGJ’s annual Pipeline Economics special (p. 28) examines falling pipeline construction costs amid surging project proposals. Also in this issue, Drilling rends (p. 18) looks at how real-time ESP sensor data optimizes well kills and how slim tubing-anchors improve well productivity.

    More content from Volume 124, Issue 5

    155057826 © Ruletkka | Dreamstime.com
    US, Venezuela flags
    A deal between the US and Venezuela involves a 100-year concession for developing Venezuelan oil fields, but questions about its legality, Venezuela's constitutional constraints...
    Sept. 18, 2026
    Aker BP and partners drilled the first exploration well in license PL 1153, discovering a gas column in the Alpehumle prospect's Agat formation, with potential recoverable resources...
    Sept. 16, 2026
    144146162 © Tyler Oneill | Dreamstime.com
    Map with state of Wyoming in focus
    Plains said the purchase will increase the company's operational footprint, providing producers with better access to crude oil transportation networks.
    Sept. 16, 2026
    11323099 © Paul Brady | Dreamstime.com
    US Environmental Protection Agency
    The rollback of federal greenhouse-gas standards by the EPA is set to accelerate natural gas power plant development, driven by surging electricity consumption.
    Sept. 16, 2026
    446875720 © Zelwanka | Dreamstime.com
    Strait of Hormuz, Suez Canal, and Red Sea
    The drone attacks on a Saudi Arabia pipeline have resulted in a temporary but potentially prolonged shutdown, threatening to remove up to 4% of global oil supply. Repair estimates...
    Sept. 15, 2026
    Ukrainian drone strikes are increasingly targeting Russian oil refineries, causing major damage, lengthening repair times, and prompting Russia to impose export bans and relax...
    Sept. 14, 2026
    The new unit will help YPF meet Argentina's stricter diesel sulfur specifications, supporting cleaner fuel production across its refineries.
    Sept. 14, 2026
    The US Federal Energy Regulatory Commission approved the Gator Express expansion to deliver additional natural gas to Venture Global's Plaquemines LNG plant in Louisiana.
    Sept. 11, 2026
    Photo from ExxonMobil Corp.
    ExxonMobil Unity FPSO
    Members Only
    At the conference, Chevron reiterated its $7-billion investment plan in Venezuela, focusing on the low-cost barrels, while ExxonMobil talked about its 'one-in-a-lifetime' opportunity...
    Sept. 10, 2026
    The BLM is proposing streamlining oil and gas permitting in Alaska's NPR-A by replacing project-specific environmental reviews with a standardized framework.
    Sept. 4, 2026
    The $310-million LCRDP aims to improve the refinery's naphtha upgrading capabilities and increase gasoline-blending component production at the complex.
    Sept. 2, 2026
    “I don’t say that I’m agnostic to oil prices but […] we somewhat have been,” Chris Calvert told an investor conference.
    Aug. 28, 2026
    327002273 © Juan Alejandro Bernal | Dreamstime.com
    Map showing Angola and Namibia, Africa.
    The discovery is one part of a wider program to build a pipeline of development opportunities across Sub-Saharan Africa.
    Aug. 17, 2026