When Enterprise Transfer Partners sued environmental groups last month, temptation was strong to see the move as a turn of the proverbial table. Source: News
Getting the 'fair share'
Global upstream investment is still at a low ebb, while exploration companies working on conventional projects are beginning to cautiously seek new investment opportunities. Wood Mackenzie Ltd. forecasts the investment cycle will show the first signs of growth in 2017 since 2014 and final investment decisions will double compared with 2016. Source: News
Putting resilience to the test
Resilience entered the US national policy vocabulary in April 2015 when the first US Quadrennial Energy Review identified deficiencies in oil, gas, and electricity transportation, storage, and distribution systems that emerged in Hurricane Katrina’s wake nearly 10 years earlier. Source: News
New drilling fluids minimize damage in Tarim basin
PetroChina Tarim Oilfield Co. worked with Southwest Petroleum University researchers to test new drilling fluid technology designed to prevent formation damage for ultradeep fractured tight sandstone gas reservoirs. Source: News
New process detects S-wave data in legacy, land-based P-sourced seismic libraries
A common geoscientific misconception is that land-based shear-wave (S-wave) seismic data accounts for only a small percentage of the total amount of compressional-wave (P-wave) data acquired in historical seismic surveys. Source: News
New SEG president links economics to decisions about geophysical work
Communicating the economic value of seismic data can be challenging, observes career geophysicist Nancy J. House, who has an advantage in this area. Source: News
WVU study examines gas storage hubs' potential benefits in region
The region where Ohio, Pennsylvania, and West Virginia meet could provide several suitable sites for natural gas storage facilities that could attract petrochemical and related plants to the area, a study issued by West Virginia University’s Appalachian Oil & Natural Gas Research Consortium (AONGRC) concluded. Source: News
Latest Barents Sea gas discovery not the 'direct hit' Statoil expected
Despite the success of its Kayak discovery and traces of oil in the Gemini North, Statoil ASA says its latest Korpfjell well in PL859 came in as a noncommercial gas discovery (OGJ Online, July 5, 2017). Jez Averty, Statoil’s head of exploration in Norway and the UK, said, “We have so far not had a […]
Court overturns FERC's approval of southeastern US gas pipelines
A federal appeals court overturned the US Federal Energy Regulatory Commission’s approval of three proposed southeastern US natural gas pipelines and ordered the regulator to more closely examine potential environmental consequences of using gas that the systems would carry. Source: News
OGJ100 posts lower revenue, capital expenditures in 2016
Oil & Gas Journal’s look at the leading 100 oil and gas producing companies based outside the US allows for comparison of the size and results of the entities for which financial results and production and reserves data are available. Source: News