The Oil and Gas Journal articles from February 2003

The Oil and Gas Journal archives from February 2003

Spot natural gas prices surge amid cold. (Market Movement).(Brief Article)
February 3, 2003... Frigid temperatures across much of the US triggered some surprisingly high spot natural gas prices for late February delivery, and traders also reported concern about anticipated dwindling gas inventory numbers heading into spring. Spot...

Oil prices a gas market factor. (Market Movement).(Brief Article)
February 3, 2003... Strong NYMEX crude oil prices also are helping to support gas prices, traders said. The March contract for benchmark US light, sweet crude jumped by 96[cents] to $33.63/bbl on Jan. 29, while the April position gained 89[cents] to...

Bullish long-term gas price outlook. (Market Movement).
February 3, 2003... Deliverability concerns are part of the tight supply-demand fundamentals anticipated through 2004, said analysts who outlined bullish long-term outlooks for natural gas prices. Arlington, Va.-based Friedman, Billings, Ramsey & Co. Inc....

Industry scoreboard.(oil industry)(Illustration)
February 3, 2003... US INDUSTRY SCOREBOARD--2/3 4 wk. 4 wk. avg. Change, YTD Latest week 1/24 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline 8,700 8,231 ...

Wind Power. (Industry Trends).(Brief Article)(Illustration)(Industry Overview)
February 3, 2003... WIND POWER is moving to the forefront of the renewable energy industry. Norwalk, Conn.-based Business Communications Co. Inc. (BCC) concludes that is because of increasingly favorable regulatory regimes, government support, environmental...

Equity Markets. (Industry Trends).(In the oil industry)(Brief Article)(Industry Overview)
February 3, 2003... EQUITY MARKETS worldwide were lower in 2002, but the oil industry saw more of its stock rise than fall, consulting company John S. Herold inc., Norwalk, Conn., said in a recent report. The Herold Energy investment Outlook--Year End Review...

Energy Charter Conference. (Government Developments).(offers observer status to Organization of Petroleum Exporting Countries)
February 3, 2003... ENERGY CHARTER CONFERENCE (ECC) Sec. Gen. Ria Kemper has said her organization would like to offer the Organization of Petroleum Exporting Countries observer status as outlined by the Energy Charter Treaty. Kemper said the ECC welcomed OPEC...

Iraqi Oil Exports. (Government Developments).(fell 25% to 11.34 mil bbl in week ended January 24, 2003)(Brief Article)
February 3, 2003... IRAQI OIL EXPORTS dipped around 25% to 11.34 million bbl during the week ended Jan. 24, after rising to 15.1 million bbl the previous week under the United Nations' oil-for-aid program. Year-on-year figures, however, suggest that Iraqi...

Greka Energy Corp. (Production).(subsidiary signs coalbed methane production sharing contract in China)(Brief Article)
February 3, 2003... GREKA ENERGY CORP.'s wholly owned subsidiary Greka Energy (International) BY, New York City, has signed four, 30-year production-sharing contracts (PSCs) with China United Coalbed Methane Corp. Ltd. (CUCBM) for the exploitation of coalbed...

National Iranian Oil Co. (Production).(seven foreign oil companies will cooperate on various research projects)(Brief Article)
February 3, 2003... Six international oil majors will cooperate with National Iranian Oil Co. (NIOC) in implementing research projects to enhance production from Iran's oil and gas fields, OPEC News Agency reported. Mohammadali Emadi, NIOC research director, said...

Statoil. (Production).(resumed normal production at Glitne field in the North Sea)(Brief Article)
February 3, 2003... In other production news, Statoil said normal production has resumed at Glitne field in the North Sea following the offloading of oil Jan. 17 from the Petrojarl 1 production and storage vessel. Bad weather in the area and the floating...

Oil & Gas Development Co. Ltd. (Exploration).(discovery well in Pakistan's southern Indus basin yields condensate and natural gas)(Brief Article)
February 3, 2003... OIL & GAS DEVELOPMENT CO. LTD. (OGDCL), Islamabad, said its Chak 7A No. 1 well found condensate and natural gas, marking its ninth discovery since March 2001 in the southern Indus basin of Pakistan. Each discovery is in a different pay...

PetroTech Peruana SA. (Exploration).(plans seismic survey of area off northern Peru)(Brief Article)
February 3, 2003... US-financed PetroTech Peruana SA is holding two hearings for environmental impact studies in March before beginning a seismic survey of Block Z-6's Sechura basin off northern Peru. Hearings will be held in Piura Mar. 5 and in Chiclayo Mar. 6....

DynMcDermott Petroleum Operations Co. (Storage).(will receive five-year contract to maintain Strategic Petroleum Reserve)(Brief Article)
February 3, 2003... THE CURRENT CONTRACTOR for the Strategic Petroleum Reserve (SPR), DynMcDermott Petroleum Operations Co. of New Orleans, will be granted a new 5-year contract, effective Apr. 1, said US Sec. of Energy Spencer Abraham. DynMcDermott will...

Oman Gas Co. (Pipelines).(awards contract to Dodsal for construction of natural gas pipeline spur)(Brief Article)
February 3, 2003... OMAN GAS CO. (OGC) has awarded a contract valued at 2 million Oman rials ($18.7 million) to Dodsal & Co. of India to construct a 48 km, bidirectional natural gas pipeline spur that will connect with the Fahud-Sohar pipeline at Mahdha and...

Chicap Pipe Line Co. (Pipelines).(chooses BP Pipelines as new operator of Chicap pipeline)(Brief Article)
February 3, 2003... Chicap Pipe Line Co., a joint venture company based in Lisle, Ill., has named BP Pipelines (North America) Inc. new operator of its Chicap pipeline, formerly operated by Unocal Corp. Chicap is owned by Unocal 48.1%, BP 29.2%, and Calgary-based...

Crosstex Energy LP. (Pipelines).(completes connections to 70 miles of pipeline bought from Florida Gas Transmission)(Brief Article)
February 3, 2003... On other pipeline fronts, Crosstex Energy LP. Dallas, has completed connections to 70 miles of pipeline the company acquired from Florida Gas Transmission Co. last June and is now selling natural gas to Florida. The acquired pipeline provides...

Sui Northern Gas Pipelines Ltd. (Pipelines).(pipeline sabotage cut off gas supply to parts of Pakistan's Sindh and Balochistan provinces)(Brief Article)
February 3, 2003... Meanwhile, a search is being conducted in Pakistan for parties responsible for sabotaging Sui Northern Gas Pipelines Ltd. mainlines in separate incidents last week that cut off gas supply to some areas of Sindh and Balochistan provinces. On...

K-Sea Transportation Corp. (Tankers).(takes delivery of the first of four double-hulled oil tank barges)(Brief Article)
February 3, 2003... BOLLINGER SHIPYARDS of Lockport, La., has delivered the first of four double-hulled, ocean-going oil tank barges to K-Sea Transportation Corp. of Staten Island, NY. The unmanned barge, designated DBL 101, measures 400 ft by 74 ft by 25 ft, with...

Pluspetrol SA. (Development).(Inter-American Development Bank loans $5 mil to Peru to support Camisea natural gas project)(Brief Article)
February 3, 2003... A $5 MILLION LOAN to the Peruvian government signed by Inter-American Development Bank (IDB) Jan. 20 will help fund a $7.2 million project to strengthen state companies monitoring the Camisea natural gas project on the eastern slopes of the...

China Oilfield Services Ltd. (Development).(orders eight ships worth a total of $80.96 mil)(Brief Article)
February 3, 2003... China Oilfield Services Ltd. (COSL), the drilling service arm of China National Offshore Oil Corp., has signed contracts for the construction of eight ships valued at $80.96 million, with delivery scheduled by May 2004. Seven are...

Nigeria Liquefied Natural Gas Ltd. (LNG).(receives $460 mil loan to finance eight new LNG carriers)
February 3, 2003... NIGERIA LIQUEFIED NATURAL GAS LTD. (NLNG) has secured a loan of $460 million to fund eight new LNG carriers for its shipping subsidiary, Bonny Gas Transport Ltd. (BGT). "We anticipate. . .loan execution in March," NLNG Managing Director Andrew...

Letters.(Letter to the Editor)
February 3, 2003... Misleading reserves OGJ's analysis of worldwide reserves is highly misleading (OGJ, Dec. 23, 2002, p. 113). Any serious study requires that all "reserves" be based on similar data for all countries to avoid comparing "apples" with...

What we're about. (Journally Speaking).(description of how Oil & Gas Journal determines what to publish)
February 3, 2003... "Where do you get the material you publish?" In 21 years as an Oil & Gas Journal editor, I have heard that question often. Answers may vary by editor and by the part of the magazine for which he or she works. But trying to provide...

The liberation of Iraq. (Editorial).(US must produce credible plan for post-war Iraq)(Editorial)
February 3, 2003... With one exception, the unwinding of tyranny in Iraq is proceeding well Bluster and deception from Baghdad haven't fooled US President George W Bush. Doubt and criticism haven't made him flinch. Even before the president's state-of-the union...

Parallels with earlier energy crises underscore US vulnerability to oil supply shocks today. (General Interest).(for several years, US dependence on foreign oil has been at record levels)
February 3, 2003... Various measures of US energy security indicate that the US might be heading for an energy crisis. Many of the warning signs that existed before the energy crises of 1973 and 1979 exist today, and they indicate that the current situation...

International oil world to rule postwar Iraqi oil output.(before the war, US should meet with interested parties and determine who will produce Iraqi oil after the war)
February 3, 2003... Before the first shot is fired in an anticipated war with Iraq, US officials should sit down with representatives of various countries and oil companies claiming concession in that nation to determine who will produce Iraq's oil once the...

Prolonged war in Iraq could have unknown consequences. (General Interest).
February 3, 2003... An extended war with Iraq would have severe consequences that are likely unanticipated by the US and its allies, said some academic experts at a Jan. 17 forum on Middle East oil at the University of Houston. The world economy is "in good...

Venezuela crisis damages PDVSA, international majors. (General Interest).
February 3, 2003... Venezuela's oil production remains severely curtailed during the country's ongoing crisis, which is impacting the future of the national oil company, Petroleos de Venezuela SA (PDVSA). The national strike in Venezuela is also costing some of...

Venezuela chaos risks long-term shock to world oil market. (General Interest).
February 3, 2003... Although world attention is focused primarily on the potential war in Iraq, the current political conflict in Venezuela is just as likely to have a long-term negative impact on world oil markets, especially if Venezuelan President Hugo Chavez...

White House: energy policy could help mitigate oil shocks. (General Interest).
February 3, 2003... The US remains vulnerable to oil supply shocks from Venezuela and other foreign suppliers because the nation still lacks a comprehensive energy policy, White House officials said. US Department of State officials said Jan. 23 the political...

CERI: even small oil outages now pose big threat. (General Interest).(Canadian Energy Research Institute (CERI))
February 3, 2003... World crude oil supply is already tight, and even a small additional disruption this winter could cause serious problems, senior industry analysts warn. The concerns were raised late last month at a Canadian Energy Research Institute...

Tank reform ahead. (Watching Government).(Sen. Lincoln Chafee reintroduces legislation requiring all underground storage tanks to be inspected every 2 years )
February 3, 2003... Gasoline marketers are predicting tank reform legislation may pass Congress, perhaps this year. Sen. Lincoln Chafee (R-RI) has reintroduced legislation first proposed last session that requires all underground storage tanks to be inspected...

US lawmakers urge faster timeline for oil tankers. (General Interest).(some awmakers want new federal laws to speed up 2015 deadline to phase out single-hull oil tankers)
February 3, 2003... Some lawmakers are urging their party leaders to consider new federal laws aimed at speeding up the 2015 deadline to phase out single-hull oil tankers. But industry groups caution it's too soon to be talking about revising existing rules. ...

The Institute of Petroleum.(Institute of Petroleum's P Week is when leading figures in oil and gas industry meet for conferences, and industry and trade association events)
February 3, 2003... IP week 2003 17 -- 20 February, London The Institute of Petroleum's P Week is the focal point in Europe each year when leading figures in the oil and gas industry meet in London for an intensive round of conferences, industry and trade...

SeaRiver commissions double-hull Alaska tanker design. (General Interest).(SeaRiver Maritime's deal with National Steel & Shipbuilding Co. calls for latter to develop contract design for double-hull oil tanker )
February 3, 2003... SeaRiver Maritime, the US transportation affiliate of ExxonMobil Corp., reached an agreement with National Steel & Shipbuilding Co. (Nassco) to develop a contract design for a 750,000 bbl capacity, double-hull tanker for transport of Alaskan...

SPA authorization, fossil fuel research in pending measure. (General Interest).(Congress nears completing federal budget for fiscal year 2003, with US Senate passing $390 billion appropriations bill on 1/23/03)
February 3, 2003... Congress late last month moved closer to completing a long-delayed federal budget for fiscal year 2003, with the US Senate passing a $390 billion appropriations bill Jan 23. The House and Senate must now reconcile their spending proposals...

ExxonMobil drops Trinidad deepwater blocks, looks to Gulf of Paria venture. (Exploration & Development).
February 3, 2003... Oil giant ExxonMobil Corp. has given up on its remote deepwater acreage far off Trinidad's East Coast but will remain in the country in an alternate role. The world's second largest oil company withdrew from exploration commitments after...

Canterbury basin offers potential on South Island, New Zealand. (Exploration & Development).
February 3, 2003... All the sedimentary basins around South Island are underexplored, but none offers better upstream and downstream opportunities than the Canterbury basin (Fig. 1). The region has potential for onshore and shallow-water discoveries, and it...

New model improves deepwater fracture gradient values off Norway. (Drilling & Production).
February 3, 2003... A new fracture gradient model correlates well with all deepwater drilling off Norway. The model is based on water depth and overburden stress. Because bulk densities vary significantly at different deepwater locations, the model includes a...

Midor grassroots refinery completes final milestone of start-up. (Processing).(Middle East Oil Refining Co. )
February 3, 2003... Successful completion of the refinery observation test run (ROTR) at the Middle East Oil Refining Co. (Midor) plant in Alexandria, Egypt, was the final step in the startup of the grassroots plant. The ROTR was completed in Late August 2002. ...

A conference and exhibition on advanced drilling and completion technologies: multilateral and intelligent wells and the use of expandables.
February 3, 2003... FEBRUARY 11-13, 2003 Moody Gardens Hotel, Galveston, Texas PROGRAM OVERVIEW Tuesday, Feb. 11 Conference Introductions \ 8:15 AM Ray Brister, ChevronTexaco EPTC, Co-Chairman Carlos Glandt, Shall International...

Construction plans sag in face of stubborn recession, war prospects. (Special Report: Worldwide Pipeline Construction).(pipeline construction projects)
February 3, 2003... Sobriety; even fear, returned to pipeline operators' outlook for new construction in 2003 and beyond, after optimism a year ago drove plans and proposals unrealistically high. The change in direction has resulted from the continued, stubborn...

US operators working under stricter safety rules this year. (Transportation).(pipeline operators)
February 3, 2003... US pipeline operators entered 2003 under a new and far stricter safety regime after President George W. Bush signed into law on Dec. 17 the Pipeline Safety Improvement Act of 2002. The measure updates earlier legislation by expanding...

TCPL installation proves commercial use at X-100 pipe. (Transportation).(TransCanada PipeLines Ltd. welded into place and successfully hydrotested 1 km of 48-in. X-100 linepipe )
February 3, 2003... TransCanada PipeLines Ltd., by virtue of a test conducted fourth quarter of last year, has confirmed the constructability of the latest development in higher strength, thinner wall line pipe. In October 2002 and as part of its 64-km...

New two stage separators. (Equipment/Software/Literature).(Amistco Separation Products Inc.)(Brief Article)
February 3, 2003... New two stage separators remove entrainment and particulates from gas streams. These knockout vessels use vane type and wire mesh type mist eliminators. The vertical vessel design has a small footprint and is especially effective in...

New wireline logging head. (Equipment/Software/Literature).(AnTech Ltd. (Exeter))(Brief Article)
February 3, 2003... A new wireline logging head provides an improved means of connecting tools, such as casing collar locators and perforating guns, to the remainder of the string. It features an electrical disconnect that prevents premature release, as well...

[H.sub.2]S sensor continuously monitors for toxic gas. (Equipment/Software/Literature).(Sierra Monitor Corp.)(Brief Article)
February 3, 2003... The new Model 4107-05 hydrogen sulfide smart sensor-transmitter is a complete stand-alone fixed-point module providing accurate measurement in the 0-50 ppm range, digital display of gas concentration, nonintrusive calibration, dual alarm...

New Coriolis mass flowmeter. (Equipment/Software/Literature).(Endress+Hauser Inc.)(Brief Article)
February 3, 2003... The new PROline Promass 80E Coriolis mass flowmeter offers added electronics and new pushbutton features. This multivariable meter has an accuracy for mass flow of [+ or -]0.35% in liquids and [+ or -]0.75% in gas. The Promass 80...

Cooper Cameron Corp. (Services/Suppliers).(Franklin Myers named senior vice-president and chief financial officer)(Brief Article)
February 3, 2003... Houston, has named Franklin Myers as senior vice-president and chief financial officer, replacing Thomas R. Hix, who has retired. Myers earned a BS degree in industrial engineering from Mississippi State University, and a JD with honors...

Albert-Garaudy & Associates (AGA) Inc. (Services/Suppliers).(Richard (Mike) Akin joins its Houston office)(Brief Article)
February 3, 2003... New Orleans, has announced the addition of Richard (Mike) Akin to its Houston office. His responsibilities include general business development and growing AGA's professional services sector. An ExxonMobil retiree, Akin spent over 28 years in...

Anderol Inc. and Royal Lubricants. (Services/Suppliers).(firms consolidate under Anderol name)(Brief Article)
February 3, 2003... East Hanover, NJ, have recently consolidated under the Anderol name, bringing its full line of specialty lubricants under one global product line. Anderol Inc., founded in 1941, serves customers in the air compression, aviation, food and...

Cuming Corp. (Services/Suppliers).(Louis D. Slaughter is named US sales representative for its syntactic foam buoyancy products)(Brief Article)
February 3, 2003... Avon, Mass., has appointed Louis D. Slaughter as US sales representative for its syntactic foam buoyancy products. Slaughter has long experience and expertise in risers and subsea equipment, and previously worked for Regan Offshore, Hughes...

Precision Drilling Corp. (Services/Suppliers).(sell its shares of Energy Industries Inc. to Toromont Industries Ltd.)(Brief Article)
February 3, 2003... Calgary, has announced plans to sell its shares of Energy Industries Inc. to Toromont Industries Ltd. Energy Industries designs and manufactures modularized natural gas compression packages ranging from 100 to 5,000 HP. Toromont represents...

CorrOcean ASA. (Services/Suppliers).(Dave Rees promoted to president of its Houston-based subsidiary, CorrOcean Inc. )(Brief Article)
February 3, 2003... Oslo, has promoted Dave Rees to president of its Houston-based subsidiary, CorrOcean Inc. Rees will be responsible for developing the Houston operation to a full function service center for the CorrOcean divisions: monitoring technology,...

Halliburton Energy Services. (Services/Suppliers).(personnel appointments including new CEO)(Brief Article)
February 3, 2003... Houston, has promoted John Gibson to CEO, upon the retirement of Edgar Ortiz. Additionally, Tim Probert has been named senior executive of the newly created drilling & formation evaluation div.; and Lew Watts has been named senior executive of...

API imports of crude and products. (Statistics).(talbe details total crude and products imports by type)(Illustration)
February 3, 2003... API IMPORTS OF CRUDE AND PRODUCTS Districts 1-4 District 5 1-24 1-17 (1) 1-24 1-17 (1) 2003 2003 2003 2003 ...

OGJ crack spread. (Statistics).(table shows spot prices and futures market prices)(Brief Article)(Illustration)
February 3, 2003... OGJ CRACK SPREAD 1-24-03 * 1-25-02 * Change Change, $/bbl % SPOT PRICES Product value 37.06 22.40 14.66 65.5 Brent crude ...

API crude and product stocks. (Statistics).(American Petroleum Institute)(Brief Article)(Illustration)
February 3, 2003... API CRUDE AND PRODUCT STOCKS Motor gasoline Blending Jet fuels Crude oil Total comp. (2) Naphtha ...

API refinery report. (Statistics).(American Petroleum Institute; refinery operations, output data)(Illustration)
February 3, 2003... API REFINERY REPORT--JANUARY 24, 2003 REFINERY OPERATIONS Total Input refinery Crude to crude Operable Percent input...

OGJ gasoline prices. (Statistics).(Illustration)
February 3, 2003... OGJ GASOLINE PRICES (Approx. prices for self-service unleaded gasoline) Price Pump Pump ex tax price * price 1-27-03 1-22-03 1-23-02 ...

Refined product prices. (Statistics).(Brief Article)(Illustration)
February 3, 2003... REFINED PRODUCT PRICES Spot market product prices 1-17-03 cents/gal Motor gasoline (Conventional-regular) New York Harbor 87.30 Gulf Coast ...

Baker Hughes rig count. (Statistics).(rotary rigs)(Illustration)
February 3, 2003... BAKER HUGHES RIG COUNT 1-24-03 1-25-02 Alabama 2 5 Alaska 10 15 Arkansas 1 1 California 15 25 Land ...

Smith rig count. (Statistics).(Brief Article)(Illustration)
February 3, 2003... SMITH RIG COUNT 1-24-03 1-25-02 Proposed depth, Rig Percent Rig Percent ft count footage * count footage * 0-2,500 29 3.4 ...

OGJ production report. (Statistics).(Brief Article)(Illustration)
February 3, 2003... OGJ PRODUCTION REPORT (Crude oil and lease condensate) 1-24-03 (1) 1-25-02 (2) 1,000 b/d Alabama 23 25 Alaska 970 1,036 California 785 ...

US crude prices. (Statistics).(Brief Article)(Illustration)
February 3, 2003... US CRUDE PRICES $/bbl * 1-24-03 Alaska-North Slope 27[degrees] 18.91 South Louisiana Sweet 29.25 California-Kern River 13[degrees] 28.50 Lost Hills 30[degrees] 31.85...

World crude prices. (Statistics).(Brief Article)(Illustration)
February 3, 2003... WORLD CRUDE PRICES $/bbl (1) 1-17-03 United Kingdom-Brent 38[degrees] 31.45 Russia-Urals 32[degrees] 30.34 Saudi Light 34[degrees] 28.12 Dubai Fateh 32[degrees]...

US natural gas storage. (Statistics).(Brief Article)(Illustration)
February 3, 2003... US NATURAL GAS STORAGE (1) 1-17-03 1-10-03 Change Bcf Producing region 560 618 -58 Consuming region east 1,111 1,248 -137 Consuming...

Pace refining margins. (Statistics).(Brief Article)(Illustration)
February 3, 2003... PACE REFINING MARGINS Nov. Dec. Jan. Jan. 2002 2002 2003 2002 Change $/bbl US Gulf Coast West Texas...

US natural gas balance demand/supply scoreboard. (Statistics).(Brief Article)(Illustration)
February 3, 2003... US NATURAL GAS BALANCE DEMAND/SUPPLY SCOREBOARD Sept. Sept. Aug. Sept. change 2002 2002 2001 2002-2001...

Worldwide NGL production. (Statistics).(natural gas liquids)(Illustration)
February 3, 2003... WORLDWIDE NGL PRODUCTION 10 month average Oct. Sept. Production ...

Oxygenates. (Statistics).(production, stocks data for fuel ethanol, MTBE)(Brief Article)(Illustration)
February 3, 2003... OXYGENATES Nov. Oct. YTD YTD 2002 2002 Change 2002 2001 1,000 bbl Fuel ethanol Production 4,965 4,939...

US heating degree days. (Statistics).(various U.S. cities)(Brief Article)(Illustration)
February 3, 2003... US HEATING DEGREE DAYS (1) 2002 % change Nov. Nov. from 2002 2001 ...

Chavez squanders legitimacy while ruining Venezuela. (The Editor's Perspective).(president Hugo Chavez)(Editorial)
February 3, 2003... In democracies, elected leaders have broad latitude to ruin their countries. They are elected, after all. Election confers legitimacy. Venezuelan President Hugo Chavez has stretched electoral license beyond the breaking point. Chavez...

OPEC's toughest market juggling act looms in 2003. (Market Hotline).
February 3, 2003... This year will prove the toughest test yet of the Organization of Petroleum Exporting Countries' ability to manage the oil supply-demand balance. During the past 3-4 years, OPEC has repeatedly confounded many analysts' skepticism over its...

Newsletter.
February 10, 2003... Market Movement US distillate inventories plummet Both the US Department of Energy and the American Petroleum Institute last week reported large declines in US distillate inventories for the week ended Jan. 3 1. DOE said...

US Industry Scoreboard -- 2/10.(Illustration)
February 10, 2003... US INDUSTRY SCOREBOARD -- 2/10 4 wk. 4 wk. avg. Change, YTD Latest Week 1/31 average year ago (1) % average (1) Demand, 1,000 b/d Motor gasoline 8,634 8,172 ...

US natural gas production. (Industry Trends).(Brief Article)
February 10, 2003... US NATURAL GAS PRODUCTION remains on the decline. Raymond James & Associates Inc. said a prereporting fourth quarter 2002 US natural gas production survey suggests a sixth consecutive quarterly decline. The survey covered 29 of the...

Worldwide butylene markets. (Industry Trends).(Brief Article)
February 10, 2003... WORLDWIDE BUTYLENE MARKETS face ongoing change. The disposition and pricing of global butylene streams will be altered by the anticipated phase-out of methyl tertiary butyl ether in US gasoline, said Houston-based Chemical Market Associates...

Aging natural gas pipelines. (Government Developments).
February 10, 2003... AGING NATURAL GAS PIPELINES are the focus of a proposed integrity management rule. The US Department of Transportation's Office of Pipeline Safety is seeking public comment on how to identify the best methods for keeping aging natural gas...

Kazakhstan's oil production. (Government Developments).(Brief Article)
February 10, 2003... KAZAKHSTAN'S OIL PRODUCTION is expected to total 364 million bbl in 2003 compared with 330 million bbl in 2002, Kazakhstan Minister of Energy and Mineral Resources Vladimir Shkolnik said. The 10% increase represents a slowdown from 18%...

BP PLC. (Quick Takes).(chooses Northern Power Systems for power systems supply)(Brief Article)
February 10, 2003... BP PLC, operator of newly formed BTC Pipeline Co., selected Northern Power Systems, Waitsfield, Vt., to provide power systems for the 690 km Azerbaijan-Georgia portion of the Baku-Tbilisi-Ceyhan (BTC) pipeline (see map, OGJ, Jan. 4, 2002, p....

ANR Pipeline Co. (Quick Takes).(gas pipeline fire investigation)(Brief Article)
February 10, 2003... In other pipeline news, an investigation is under way to determine the cause of a fire Feb. 2 on a gas pipeline owned by El Paso Corp. unit ANR Pipeline Co. near Viola, Ill. The line lost pressure, but no injuries resulted, and ANR used a loop...

Petroleo Brasileiro SA. (Quick Takes).(Brief Article)
February 10, 2003... PETROLEO BRASILEIRO SA (Petrobras) reported a discovery off Brazil having estimated reserves of 150 million boe. The discovery well, 9-MLL-3, was drilled in 3,215 ft of water in the Campos basin 60 miles off Rio de Janeiro and near proven East...