The Oil and Gas Journal articles from December 1998, page 3

The Oil and Gas Journal archives from December 1998

Hungary's MOL Rt.
December 14, 1998... Hungary's MOL Rt. announced first oil from Sabria West field in Tunisia's Kebili block and put a new discovery on production test. The operator said Sabria West-1 was brought into production at a rate of 600 b/d. MOL also reported a discovery...

Statoil AS.
December 14, 1998... Statoil AS submitted a plan for development and operation of Sygna oil field in the Norwegian North Sea to the Ministry of Petroleum and Energy. Sygna straddles Blocks 33/9 and 34/7 and lies 21 km northeast of Statfjord field. Statoil plans...

Cerro Negro.
December 14, 1998... Cerro Negro, a joint venture of Mobil Corp., Petroleos de Venezuela SA, and Veba Oel AG, let a 5-year, $20 million contract Weatherford International Inc., Houston, to provide artificial lift system products and services. Weatherford will...

Oceaneering International Inc.
December 14, 1998... Oceaneering International Inc., Houston, installed a floating storage and offloading tanker (FSO) in Zafiro field off Equatorial Guinea. The FSO is moored in tandem with the floating production, storage, and offloading vessel, Zafiro...

Burlington Resources Inc.(Brief Article)
December 14, 1998... Burlington Resources Inc. unit Burlington Resources Irish Sea Ltd. let a $25 million subsea contract to Stolt Comex Seaway SA far development of the Dalton project in the Irish Sea. The work includes tying back the Dalton subsea wells to...

BG plc.(Brief Article)
December 14, 1998... BG plc made a natural gas discovery on Blocks E and 5a in the East Coast Marine license area off Trinidad, where it is operator and equal interest holder with Texaco Inc. Starfish 1X new pool wildcat was drilled in 427 ft of water and cut 501...

Repsol SA.(Brief Article)
December 14, 1998... Repsol SA and partners announced a gas-condensate discovery on the Khalda Offset concession in Egypt's western desert. On test, Nakhaw flowed 732 b/d of 53.9[degrees] gravity condensate and 19.1 MMcfd of gas. Khalda partners include operator...

Tri-Link Resources Ltd.(Brief Article)
December 14, 1998... Tri-Link Resources Ltd., Calgary, reports finding five significant oil pools in the Red River play on its Hazelwood property in southeastern Saskatchewan. Tri-Link plans to spend $65 million (Canadian) by next spring to develop the play,...

Union Pacific Resources.(Brief Article)
December 14, 1998... Union Pacific Resources, Fort Worth, made a gas discovery with the Eller Unit 1 well in Giddings field in Austin County, Tex. (see map, OGJ, Apr. 7,1997. p. 34). The well was completed and is producing at a rate of 30 MMcfd from the Austin...

Saudi Arabia's.(Brief Article)
December 14, 1998... Saudi Arabia's Saudi Consolidated Electricity Co. let an $835 million turnkey contract to Asea Brown Boveri Ltd., London, for the construction of a 1,100-MW oil-fired power plant at Shoaiba, Saudi Arabia, 120 km south of Jeddah on the Red Sea...

U.K. electricity utility.(Brief Article)
December 14, 1998... U.K. electricity utility Eastern Group plc, Ipswich, received Department of Trade and Industry approval to build a 215-MW combined heat and power plant at Deeside, North Wales. The [pounds]100 million plant will supply electricity and steam...

Elf Aquitaine.(Brief Article)
December 14, 1998... Elf Aquitaine's pharmaceutical unit, Sanofi, in which it held a 54% stake, merged with Synthelabo, the pharmaceutical unit of L'Oreal, through an exchange of shares on the basis of 13 Sanofi shares for 10 of Synthelabo. The new French firm...

Unocal Corp.(Brief Article)
December 14, 1998... Unocal Corp.'s Lower 48 exploration and production unit. Spirit Energy 76, Sugar Land, Tex., plans to sell virtually all of its oil and gas assets in Oklahoma to Magnum Hunter Production Inc., Irving, Tex., for about $36 million. Included in...

North Central Oil Corp.(Brief Article)
December 14, 1998... North Central Oil Corp., Houston, acquired natural gas assets in Webb and Zapata counties, Tex., from Conoco Inc. for $73 million. The properties cover about 8,000 net acres and include Hundido and Vaquillas Ranch/Mujeres Creek fields. North...

Shareholders of Noranda Inc.(Brief Article)
December 14, 1998... Shareholders of Noranda Inc., Toronto, voted in favor of a restructuring plan that would spin-off wholly owned Canadian Hunter Exploration Ltd., Calgary, and Noranda's forestry interests. Canadian Hunter production is about 90% natural gas...

Canada.(Brief Article)
December 14, 1998... Canada gave final approval to the $4 billion (Canadian) Alliance pipeline project to move natural gas and liquids from Western Canada to the Chicago market. The project was opposed by environmentalists, who may launch a court challenge of...

Enbridge Inc.(Brief Article)
December 14, 1998... Enbridge Inc., Calgary, announced the $471 million Vector Pipeline system will begin natural gas shipments to the Chicago area by October 2000. Construction of the 344-mile line to Chicago from Dawn, Ont., near Sarnia, will be completed in...

An explosion was reported.(Brief Article)
December 14, 1998... An explosion was reported on the Urengoi-Pomary-Uzhgorod high-pressure gas pipeline in the Nizhny Novgorod region of Ukraine, 1.5 km from Sinyakovka (see map, OGJ, Nov. 23, 1998, p. 69). Immediately following the blast, fire fighters arrived...

A pipeline rupture.
December 14, 1998... A pipeline rupture was reported by Williams on the Rocky Mountain portion of its MidAmerican NGL pipeline. Work crews in the Moab area were performing looping work on the 412-mile portion of line from Bloomfield, N.M., to Daggett County,...

Florida Gas Transmission Co.(Brief Article)
December 14, 1998... Florida Gas Transmission Co., Houston, filed for an application with the Federal Energy Regulatory Commission to build 205 miles of pipeline and add 48,570 hp of compression, expanding its existing 5,000-mile system in Florida. The proposed...

TransCanada Pipelines Ltd.
December 14, 1998... TransCanada Pipelines Ltd., Calgary, and state-owned Petroleum Authority of Thailand (PTT) plan to build two products pipelines in Thailand for $400 million. The lines will connect with a 140-mile line owned by Thai Refined Products Pipeline...

NEB approved.
December 14, 1998... NEB approved plans by TransCanada PipeLines for a $402.9 million (Canadian) expansion of its natural gas pipeline system in Saskatchewan, Manitoba, and Ontario. The project includes 97 miles of looping, four new 28.3-MW compressor units, and...

BC Gas Inc.
December 14, 1998... BC Gas Inc., Vancouver. B.C., said it will reapply far approval from the British Columbia Utilities Commission to construct a $350 million (Canadian) natural gas pipeline across southern British Columbia (OGJ, July 7, 1997, p. 26). The...

Interconnector U.K. Ltd.
December 14, 1998... Interconnector U.K. Ltd. let a [pounds]10 million, 5-year contract to Kvaerner Oil & Gas Ltd., London, for operational support on the Interconnector pipeline system, which transports U.K. gas to Europe via Belgium (OGJ, Oct. 12, 1998, p. 41)....

Williams.
December 14, 1998... Williams plans to purchase 12 petroleum products terminals, mainly in the southeastern U.S., from Amoco Corp. for an undisclosed price. The terminals have 2 million bbl of storage capacity. Amoco said the sale relates directly to its planned...

Surface-pipeline segments solve slide problems in B.C. gasline.
December 14, 1998... THE AUTHORS Drummond S. Cavers Edward A. McClarty is a geotechnical/pipeline specialist for Westcoast Energy Inc. in its Fort St. John B.C., office, and is a geotechnical engineering technologist with 15 years' experience in applied...

Autodriller, cylindrical mud tanks, generate breakthrough developments in drilling technologies.
December 14, 1998... Breakthrough developments in autodriller and mud system technologies have helped reduce cycle times in the Lobo trend of South Texas. These technologies not only provide drillers and operators with the tools and means to drill wells...

World petrochemical demand will strengthen by 2000--if economy rebounds.
December 14, 1998... Despite the maturation of the petrochemical industry, the world and regional petrochemical demands are surprisingly strong. If the Asian financial crisis does not worsen and a worldwide economic rebound begins by 2000. 5% or more annual...

SAGD test targets heavy oil in China.
December 14, 1998... A pilot test in the Liaohe heavy-oil area in China will determine if steam-assisted gravity drainage (SAGD) is applicable for the recovery of the sizable heavy-oil reserves found in the region. The paired horizontal wells are in the extra...

Fieldbus, advanced technologies reduce Alaska development costs.
December 14, 1998... THE AUTHORS Duane Toavs is staff engineer. Kuparuk projects E&I technical coordinator, for ARCO Alaska Inc. in Anchorage. He has worked for ARCO, primarily in Alaska, since 1983. Toavs has a BS in electrical engineering from the...

Drilling software.
December 14, 1998... New PowerPlan analytic and interactive drilling software optimizes well designs. It helps drilling engineers reduce drilling costs and risk by meeting drilling program objectives. The program is part of the Drilling Office suite of PC...

Hydraulic power tong system.
December 14, 1998... The Leadhand MK II hydraulic power tong system is an upgraded version of the Leadhand MK I. The system assists in maneuvering hydraulic power tongs to and from the well center line during casing and tubing operations. The upgraded system...

Mobile rigs for well site.
December 14, 1998... A new, free brochure features mobile rigs for well servicing, workover, and drilling. Specifications on new rig Models LTO 150, LTO 250, LTO 350, LTO 550, LTO 750, and LTO WOO are covered. Source: Cooper Mfg. Corp., 1221 E. Houston,...

New windows application tor accounting.
December 14, 1998... Release of a high performance, 32 bit, Windows95/NT application accommodates accounting needs of most petroleum related companies well into the next century. "OGwin" is a program with features to make accounting efficient, fast, and...

Sapphire window viewports.
December 14, 1998... New sealed sapphire windows are available for use in viewpoints into high temperature and high pressure environments. Sapphire windows are suited for gaining optical access into furnaces, chemical processing systems, and general high pressure...

MOVES AND PROMOTIONS.
December 14, 1998... Baker Hughes Incorporated, Houston, Tex., has named Ray A. Ballantyne vice president of marketing, technology, and business development. He will be based at the Baker Hughes headquarters in Houston. Ballantyne will help define the...

Petroliferous Upper Jurassic correlated across W. Siberia, N. Alaska, Arctic Islands.
December 14, 1998... THE AUTHORS Michael Mickey has been engaged in West Coast and Alaskan biostratigraphy for the past 30 years. He has been involved in many Alaskan, Canadian, and other circumboreal projects. He has spent the past 5 years comparing the...

Guatemala.
December 14, 1998... Acquisition of the country's first 3D seismic survey is complete. Petroleo y Gas Ramrod SA authorized the 212 sq km survey in jungle of Peten state. Supplies were flown 300 km from Guatemala City to a base in Flores, about 110 km east of...

Libya.
December 14, 1998... Red Sea Oil Corp., Vancouver, and Lundin Oil AB, Stockholm, are preparing to submit a development plan early next year for En Naga North field in the southwestern Sirte basin and are pressing seismic surveys on Block NC 177. Three...

Arizona.
December 14, 1998... The Bureau of Land Management's Socorro, N.M., field office hopes to complete by mid-2000 an environmental impact statement regarding Ridge-way Petroleum Corp.'s proposed carbon dioxide/helium project in eastern Arizona and western New Mexico.

Colorado.
December 14, 1998... J.M. Huber Corp., Houston, staked three coalbed methane exploratory tests in the Raton basin. The locations, in 33 and 34-29s-67w, Huerfano County, carry projected TDs of 3,500 ft to Cretaceous Raton and Vermejo coals. This area is...

North Dakota.
December 14, 1998... Burlinton Resources Oil & Gas Co. completed a triple lateral oil and gas well in Customs field, Burke County, near the Canadian border. The 11-13H Sorurn, with surface location in 13-l63n-90w, averaged 72 b/d of oil, 323 Mcfd of gas, and...

Texas.
December 14, 1998... Gulf Coast Ballard Exploration Co., Houston, completed an exploratory test in Chambers County. The 1 Casey Heirs, 1/4 mile southwest of a Frio oil well in Alligator Bayou field, flowed 2.244 MMcfd of gas with 3,670 psi FTP on an...

Utah.
December 14, 1998... Rosewood Resources Inc., Dallas, staked a wildcat on the Hanging Rock Federal Unit, Uintah County, near where it earlier completed and shut-in a gas discovery. The 6-2 Hanging Rock-I, in 6-12s-23e, is projected to 7,100 ft or Wasatch and...

API OCTOBER U.S. WELL [COMPLETIONS.sup.*].
December 14, 1998... API OCTOBER U.S. WELL [COMPLETIONS.sup.*] Oil Gas Dry Total wells Footage wells Footage holes Footage [wells.sup.+] October 1998 859...

API IMPORTS OF CRUDE AND PRODUCTS.
December 14, 1998... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 District 5 11-27 [11-20.sup.*] 11-27 [11-20.sup.*] 1998 ...

OGJ CRACK SPREAD.
December 14, 1998... OGJ CRACK SPREAD [11-27-98.sup.*] [11-28-97.sup.*] Change % $/bbl change SPOT PRICES Product value ...

API CRUDE AND PRODUCT STOCKS.
December 14, 1998... API CRUDE AND PRODUCT STOCKS Motor gasoline Blending Crude oil ...

API REFINERY REPORT--NOVEMBER 20, 1998.
December 14, 1998... API REFINERY REPORT--NOVEMBER 20, 1998 REFINERY OPERATIONS Total Input refinery Crude ...

OGJ GASOLINE PRICES.
December 14, 1998... OGJ GASOLINE PRICES Price Pump ex tax [price.sup.*] ...

BAKER HUGHES RIG COUNT.
December 14, 1998... BAKER HUGHES RIG COUNT 12-4-98 12-5-97 Alabama 4 3 Alaska 13 7 Arkansas 2 15 California 22 27 ...

OGJ PRODUCTION REPORT.
December 14, 1998... OGJ PRODUCTION REPORT [12-4-98.sup.*] [12-5-97.sup.+] (1,000 b/d) (Crude oil and lease condensate) Alabama ...

U.S. CRUDE PRICES.
December 14, 1998... U.S. CRUDE PRICES [($/bbl).sup.*] 12-4-98 Alaska-North Slope 27[degrees] 8.77 Southern Louisiana Light 10.25 California-Kern River 13[degrees] 6.75 Lost Hills...

WORLD CRUDE PRICES.
December 14, 1998... WORLD CRUDE PRICES [($/bbl).sup.*] 11-27-98 United Kingdom-Brent 35[degrees] 10.53 Russia-Urals 32[degrees] 9.93 Saudi light 34[degrees] ...

REFINED PRODUCT PRICES.
December 14, 1998... REFINED PRODUCT PRICES 11-27-98 ([cent]/gal) Spot market product prices Motor gasoline (Conventional-regular) New York Harbor ...

SMITH RIG COUNT.
December 14, 1998... SMITH RIG COUNT 12-4-98 12-5-97 Proposed depth (ft) Rig Count % [footage.sup.*] Rig Count % [footage.sup.*] 0-2,500 10 10.0 ...

AGA NATURAL GAS [STORAGE.sup.*].
December 14, 1998... AGA NATURAL GAS [STORAGE.sup.*] 11-27-98 11-20-98 Change (bcf) Producing region 906 899 7 Consuming region east 1,719 1,726 -7...

WORLDWIDE CRUDE OIL AND GAS PRODUCTION.
December 14, 1998... WORLDWIDE CRUDE OIL AND GAS PRODUCTION 9 month average Sept. Aug. Production 1,000 b/d 1998 1998 1998...

WORLD CRUDE PRICES.
December 7, 1998... WORLD CRUDE PRICES [($/bbl).sup.*] 11-20-98 United Kingdom-Brent 38[degrees] 10.68 Russia-Urals 32[degrees] 9.98 Saudi light 34[degrees] 11.48 Dubal Fateh...

PAGE REFINING MARGINS.
December 7, 1998... PAGE REFINING MARGINS Sept. Oct. Nov. Nov. % 1998 1998 1998 1997 Change change $/bbl U.S. Gulf Coast West Texas...

U.S. NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD.
December 7, 1998... U.S. NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD Aug. Total YTD Aug. July Aug. change YTD ...

WORLDWIDE NGL PRODUCTION.
December 7, 1998... WORLDWIDE NGL PRODUCTION 8 month average Chg. vs. Aug. July Production previous year 1998 1998 ...

OXYGENATES.
December 7, 1998... OXYGENATES Sept. Aug. YTD YTD 1998 1998 Change 1998 1997 Change 1,000 bbl Fuel ethanol Production 2,926 2,709 217...

U.S. COOLING DEGREE [DAYS.sup.*].
December 7, 1998... U.S. COOLING DEGREE [DAYS.sup.*] 1998 % change Total degree days Sept. Sept. from Jan. 1 through...

U.S. CRUDE PRICES.
December 7, 1998... U.S. CRUDE PRICES [($/bbl).sup.*] 11-27-98 Alaska-North Slope 27[degrees] 8.90 Southern Louisiana Light 9.50 California-Kern River 13[degrees] 6.75 ...

New hunting grounds studied on Peru's continental slope.
December 7, 1998... Among the 10 sedimentary basins along the coast of [Peru.sup.1], at least four have been recognized on the upper and middle continental slope (Figs. 1-3). All are strongly linear and essentially parallel to the coastline and to the axis of...

Publication.
December 7, 1998... The Deep Hot Biosphere, by Thomas Gold, published by Copernicus/Springer- Verlag, 175 Fifth Ave., New York, N.Y. 10010. 225 p., $27 (suggested) in bookstores. This is the first book on Thomas Gold's controversial and astonishing...

South Australia.(Brief Article)
December 7, 1998... Santos Ltd. groups reported two gas field discoveries in the Cooper/ Eromanga basins. Moonanga 1, on the Patchawarra Southwest Block 49 kin west-northwest of Moomba gas plant, flowed 9.3 MMcfd of gas on a I in. choke with 29 bid of...

China.
December 7, 1998... China National Star Petroleum Corp. discovered Luodai gas field near Chengdu City in Sichuan Province. CNSPC's Southwestern Petroleum Administration determined that the field covers about 150 sq km and contains as many as 17 gas...

Indonesia.(Unocal production sharing contracts)(Brief Article)
December 7, 1998... Unocal Corp. added the Sangkarang and Lompa production sharing contracts in the Makassar Strait about 480 km south of the company's existing offshore producing operations. Sangkarang covers nearly 8,100 sq km and Lompa more than 10,100 sq...

Gulf of Mexico.
December 7, 1998... Seneca Resources Corp., Houston, said preliminary log analysis indicated that the OCS-G-17912 well No. 1 on Vermilion Block 253 cut about 900 ft (TVD) of oil and gas pay in 18 sands. TD is 11,270 ft. Seneca planned to determine reservoir...

Texas.
December 7, 1998... West Magnum Hunter Resources Inc., Irving, Tex., will determine further locations from 3D seismic data that led to an Abo reef completion in the Kingdom field area of Terry County. The 1 Lilly et al., 90 miles north of Midland, cut...

API IMPORTS OF CRUDE AND PRODUCTS.
December 7, 1998... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 District 5 11-20 [11-13.sup.*] 11-20 [11-13.sup.*] 1998 ...

OGJ CRACK SPREAD.
December 7, 1998... OGJ CRACK SPREAD [11-20-98.sup.*] [11-27-97.sup.*] Change % $/bbl Change SPOT PRICES Product value ...

API CRUDE AND PRODUCTS STOCKS.
December 7, 1998... API CRUDE AND PRODUCTS STOCKS Motor gasoline Blending Crude oil ...

API REFINERY REPORT--NOVEMBER 20, 1998.
December 7, 1998... API REFINERY REPORT--NOVEMBER 20, 1998 REFINERY OPERATIONS Total Input refinery Crude to crude Operable...

OGJ GASOLINE PRICES.
December 7, 1998... OGJ GASOLINE PRICES Price ex tax (Approx. prices for self-seivice unleaded gasoline) 11-25-98...

REFINED PRODUCT PRCIES.
December 7, 1998... REFINED PRODUCT PRCIES 11-20-98 ([cent]/gal) Spot market product prices Motor gasoline (coventional-regular) New York Harbor ...

BAKER HUGHES RIG COUNT.
December 7, 1998... BAKER HUGHES RIG COUNT 11-27-98 11-28-97 Alabama 5 4 Alaska 10 12 Arkansas 0 14 California ...

SMITH RIG COUNT.
December 7, 1998... SMITH RIG COUNT 11-27-98 11-28-97 Proposed depth (ft) Rig Count % [footage.sup.*] Rig Count % [footage.sup.*] 0-2,500 11 9.0 ...

OGJ PRODUCTION REPORT.
December 7, 1998... OGJ PRODUCTION REPORT [11-27-98.sup.*] [11-28-97.sup.+] (1,000 b/d) (Crude oil and lease condensate) Alabama 34...

R.W. MeClaughlin Tubefabs Ltd.
December 7, 1998... R.W. MeClaughlin Tubefabs Ltd., Westgate, Aldridge, West Midlands, has been acquired by the Maloney Industries U.K. division of Maloney Industries Inc., Calgary, Alberta, Canada. Maloney Industries is a designer and fabricator of a...

EPA names oxygenates panel.
December 7, 1998... The U.S. Environmental Protection Agency has named 14 persons to serve on an advisory committee to study issues posed by the use of methyl tertiary butyl ether and other oxygenates in gasoline. Carol Browner, EPA administrator, said,...

European pipeline performance improving, spill study shows.
December 7, 1998... Recent analysis of 25 years of spill statistics for Western European pipelines suggests that a pipeline system poses no greater risk because it is aging. That's the major conclusion of a report prepared by Concawe's D. Lyon and released...