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Market movement. (News Letter).(Brief Article)
July 1, 2002... OPEC extends production quota through September
As anticipated, the Organization of Petroleum Exporting Countries decided last week to keep its current oil production quota through September. OPEC members called for cooperation from other...
Industry scoreboard.(Brief Article)(Statistical Data Included)
July 1, 2002...
Industry Scoreboard
US INDUSTRY SCOREBOARD -- 7/1
4 wk. 4 wk.avg. Change, YTD
Latest week 6/21 average year ago (1) % average (1)
Demand, 1,000 b/d
Motor gasoline ...
Dynegy unveils plan to improve liquidity, lower debt. (Company News).(Statistical Data Included)
July 1, 2002... Dynegy revealed on June 24 a $2 billion capital scheme to shore up its liquidity and reduce its debt. The news follows close on the heels of the energy marketer's June 19 announcement that it would cut 340 workers, or 6%, from its worldwide...
Industry trends.(Brief Article)(Statistical Data Included)
July 1, 2002... NATURAL GAS PRICES have fallen faster in the US Rocky Mountain region than elsewhere in the last 3 months because of increased coalbed methane drilling and resulting pipeline bottlenecks.
That word comes from Raymond James & Associates Inc....
Canada's options. (Government Developments).(Brief Article)
July 1, 2002... CANADA'S OPTIONS to implement the Kyoto Protocol will not work, argues the Canadian Association of Petroleum Producers (CAPP).
During a federal government stakeholders' session on climate change policy in Calgary last month, CAPP provided a...
The European court. (Government Developments).(Brief Article)(Statistical Data Included)
July 1, 2002... THE EUROPEAN COURT of Justice criticized France for its state-owned golden share in TotalFinaElf SA.
The court said the golden share gives France "excessive discretionary powers" over the evolution of the supermajor's capital and...
Anadarko Petroleum Corp. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... ANADARKO PETROLEUM CORP. made two natural gas discoveries in two areas: East Texas and North Louisiana. In East Texas, Anadarko made a gas discovery with Gregory A-1 well in Anderson County in its Bossier play area, which lies 130 miles north...
Pioneer Natural Resources Co. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... Elsewhere on the exploration front, Pioneer Natural Resources Co., Dallas, said the Olowi Marin-2 appraisal well was drilled to 1,050 mon the Olowi Block off Gabon. The company said it plans to have enough data by 2003 to move forward with...
Vaalco Energy Inc. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... Vaalco Energy Inc., Houston, has successfully completed the first of three wells planned for the Etame concession off Gabon. The ET-3H well flowed at a rate of 7,630 b/d of oil through a 42/64-in. choke. Vaalco planned to move the Sedneth 701...
Coparex Netherlands BV. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... A group led by Coparex Netherlands BV started up an oil and gas field off Tunisia that was undeveloped since its discovery in 1974. Two wells in Isis field began producing in November-December 2001, and a third well began Jan. 27. A published...
Partners. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... PARTNERS in the Buzzard oil discovery in the UK North Sea have completed the last of three wells under their appraisal program and will begin development of that field.
The discovery, which lies in license areas P986/P928, is estimated to...
Karachaganak Integrated Organization. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... KARACHAGANAK INTEGRATED ORGANIZATION (KIO) said it will invest $3.5 billion in a project to develop Karachaganak gas condensate, field in Kazakhstan, Russia's Interfax news agency reported. KIO--a joint venture of BG PLC 32.5%, Agip SPA 32.5%,...
China National Offshore Oil Corp. Ltd. (Quick Takes).(Brief Article)(Statistical Data Included)
July 1, 2002... Elsewhere, China National Offshore Oil Corp. Ltd. (CNOOC) said platform C and platform D have been brought on stream, adding slightly more than 20,000 b/d of oil production to Qinghuangdao 32-6 field, 130 km east of the city of Tianjin. CNOOC...
Qatar Petroleum and Exxon Mobil Corp. have agreed to supply LNG to the UK. (Quick Stakes).(Brief Article)(Statistical Data Included)
July 1, 2002... QATAR PETROLEUM and ExxonMobil Corp. have agreed to supply LNG to the UK, starting with shipments in 2006-07 for 25 years, with the gas coming from Qatar's North Field.
The agreement covers development of two LNG trains, which ExxonMobil...
Abu Dhabi Gas Industries Ltd. (Quick Takes).(Brief Article)
July 1, 2002... In other gas processing news, Abu Dhabi Gas Industries Ltd. (Gasco) has awarded a project management contract to Foster Wheeler International Corp., the UK subsidiary of Clinton, NJ-based Foster Wheeler Ltd., to increase Gasco's production of...
Calendar.
July 1, 2002... Denotes new listing or a change in p previously published information.
OIL&GAS JOURNAL online
Additional information on upcoming seminars and conferences is available through OGJ Online, Oil & Got Journal's Internet-based electronic...
The prodigal returneth. (Journally Speaking).(use of energy in California)(Brief Article)
July 1, 2002... It's been at least a decade since this editor last visited California in the role of reporter.
It was not for lack of interest. California was the crucible in which a career was forged. For a West Coast editor at the time, it was home for...
Turbulence in Brazil.(economic conditions)(Brief Article)(Editorial)
July 1, 2002... With Brazil under financial siege, there's talk of contagion in South America--a regional economic slump like the one that cascaded through Asia in 1997 and threw the oil market into reverse. If economic malaise is indeed spreading like illness...
CIPA's importance seen growing as California property base changes. (Point of View).(California Independent Petroleum Association)
July 1, 2002... While California conjures up the image of a perpetual battleground for oil and gas producers, there are, nevertheless, "opportunities in that turmoil," says Larry Bates, the new chairman of the California Independent Petroleum Association.
...
US officials: policy should promote secure oil supplies. (General Interest).(Brief Article)
July 1, 2002... The US should encourage increased and diversified energy production from a range of foreign suppliers, especially those in more secure areas, senior officials of the George W. Bush administration told a congressional committee June 20.
...
EIA confirmation. (Watching Government).(Guy Caruso nominated to head Energy Information Administration)(Brief Article)
July 1, 2002... The US Energy Information Administration is slated to have a new boss, possibly this summer.
EIA is the independent statistical arm of the US Department of Energy. Government and industry officials rely heavily on EIA, and its website, to...
A.G. Edwards: majors' operating measures mixed, healthy. (General Interest).(oil and gas companies)(Brief Article)(Statistical Data Included)
July 1, 2002... Overall oil market fundamentals remained strong during 2001, as shown by the higher-than-average financial performances of a sampling of integrated oil and gas companies. Robust oil prices and above-average US natural gas prices and refining...
Dynegy names Dorey to CFD position; Doty resigns. (Personnel Moves and Promotions).(Louis Dorey, Rob Doty)(Brief Article)
July 1, 2002... Dynegy Inc. reported June 19 that Rob Doty has resigned from his position as executive vice-president and chief financial officer, and the company has appointed Louis Dorey to replace him. That same day, the energy marketer reported that it...
Shallow water gulf oil, gas supply: a glass half full or half empty? (US Gulf of Mexico-2).(Illustration)(Statistical Data Included)
July 1, 2002... The US Gulf of Mexico (GOM) has been and continues as a major source of domestic oil and natural gas supplies. Recently, some have begun to speculate that this critical domestic production area is or soon will be in decline.
The main...
Multiphase technique improves mud-pulse velocity calculations. (Drilling & Production).
July 1, 2002... The drilling industry employs mud-pulse telemetry worldwide to transmit drilling and formation evaluation data from the bottomhole. Current models consider the drilling mud to be a single phase through which the mud pulses travel. More...
Ejectors extend producing life of aging coalbed methane wells. (Drilling & Production).(Brief Article)
July 1, 2002... Installation of ejectors has extended the life of 17 mature coalbed methane wells operated by BP America Production Co. in northwestern New Mexico and southwestern Colorado.
David Simpson, senior staff mechanical engineer for BP in...
Modern design, troubleshooting tools create a successful FCC revamp. (Processing).
July 1, 2002... Based on OMV AG's need for increased conversion and selectivity for propylene production, UOP LLC revamped its existing stacked FCC unit to include Optimix feed distributors, vortex separation system (VSS) riser disengaging, and a modern...
Nelson-Farrar Cost Indexes.(Brief Article)
July 1, 2002...
NELSON-FARRAR COST INDEXES
Refinery construction (1946 Basis)
(Explained on p.145 of the December 30, 1985 issue)
1962 1980 1999 2000 2001
Pumps, compressors, etc. 222.5 777.3...
How indexes have changed. (Nelson - Farrar Quarterly).(Brief Article)
July 1, 2002... Nelson-Farrar indexes for finished steels changed randomly during the period 1998-2001. Generally speaking, the alloy steels changed less than carbon steel products.
Alloy bars started the period with an index value of 787.5 and finished...
New approximation of friction factor developed for general gas-flow equation. (Pipeline Design Tools--1).(Brief Article)
July 1, 2002... A new equation for accurate approximation of the Moody friction factor in the general gas-flow equation better approximates a wide range of Reynolds numbers than previously published equations. Other, less-accurate explicit approximations to...
US oil, gas demand recovers; production mixed. (Special Report: Midyear Forecast).(Brief Article)
July 1, 2002... Worldwide demand for petroleum products will increase this year as economic recovery takes hold, though strong prices will limit demand growth.
In the US, demand for motor gasoline will escalate, but consumption of other oil products will...
Drilling declines of more than 20% forecast in US, Canada. (Midyear Forecast).(Brief Article)(Statistical Data Included)
July 1, 2002... Drilling declines of 20% or more year to year are likely in the US and Canada in 2002.
OGJ forecasts a drop of almost 29% in the US compared with 2001, when operators drilled an estimated 36,990 wells.
The decline in Canada should be...
SCADA unit designed for low power uses. (Equipment/Software/Literature).(Brief Article)
July 1, 2002... The new SCADAPack LP has been engineered for low power applications.
Its low rate of power use helps make this PLC/RTU economical. The new controller operates with smaller solar panels, batteries, and enclosures.
Plus, the LP includes...
New 6 and 8 in. drilling hammers work fast. (Equipment/Software/Literature).(Brief Article)
July 1, 2002... New Deep Well 600 and 880 hammers achieve ROP rates that are as much as 50% faster than any other 6 or S in. version, the company reports.
While this rate should not be considered typical, an ROP exceeding 200 fph is not unusual, providing...
Tower packing includes 3/4 in. size. (Equipment/Software/Literature).(Brief Article)
July 1, 2002... The Nor-Pac line of high-performance tower packings has expanded to include a new 3/4 in. size.
This new size features 85 sq ft/cu ft of surface area. Tower packings are also available in 5/8, 1, 1A, and 2 in. sizes.
The open design...
New product upgrades gas-treating systems. (Equipment/Software/Literature).(Brief Article)
July 1, 2002... New GAS/SPEC CS- 1000 formulated amine has been developed to remove large volumes of carbon dioxide from natural gas and synthesis gas streams.
Two of the most common uses for this new amine will be at refinery hydrogen plants and ammonia...
OGJ Crack Spread. (Statistics).(Brief Article)(Statistical Data Included)
July 1, 2002...
OGJ CRACK SPREAD
6-21-02 * 6-22-01 * Change Change
$/bbl %
SPOT PRICES
Product value 29.20 30.21 -1.01 -3.4
Brent crude ...
API Imports of Crude and Products. (Statistics).(Brief Article)(Statistical Data Included)
July 1, 2002...
API IMPORTS OF CRUDE AND PRODUCTS
Districts 1-4 District 5
6-21 6-14 (1) 6-21 6-14 (1)
2002 2002 2002 ...
API Crude and Product Stocks. (Statistics).(Brief Article)(Statistical Data Included)
July 1, 2002...
API CRUDE AND PRODUCT STOCKS
Motor gasoline
Blending Jet fuels
Crude oil Total comp. (2) Naphtha
...
API Refinery Report--June 21, 2002. (Statistics).(Brief Article)(Statistical Data Included)
July 1, 2002...
API REFINERY REPORT--JUNE 21, 2002
REFINERY OPERATIONS
Total Input
refinery Crude to crude Operable Percent
...
OGJ Gasoline Prices. (Statistics).(Brief Article)
July 1, 2002...
OGJ GASOLINE PRICES
(Approx. prices for self-service unleaded gasoline)
Pirce Pump Pump
ex tax price * price
6-19-02 6-19-02 6-20-01
...
Refined Product Prices. (Statistics).(Brief Article)
July 1, 2002...
REFINED PRODUCT PRICES
Spot market product prices
6-14-02
cents/gal
Motor gasoline
(Conventional-regular)
New York Harbor 73.69
Gulf Coast ...
Baker Hughes Rig Count.(Brief Article)(Illustration)(Statistical Data Included)
July 1, 2002...
BAKER HUGHES RIG COUNT
6-21-02 6-22-01
Alabama 2 2
Alaska 12 13
Arkansas 0 1
California 22 42
Land ...
Smith Rig Count.(Brief Article)(Illustration)(Statistical Data Included)
July 1, 2002...
SMITH RIG COUNT
6-21-02 6-22-01
Proposed depth, Rig Percent Rig Percent
ft count footage * count footage *
0-2,500 40 -- 45 2.2
...
OGJ Production Report.(Oil and Gas Journal)(Brief Article)(Illustration)(Statistical Data Included)
July 1, 2002...
OGJ PRODUCTION REPORT
(Crude oil and lease condensate)
6-21-02 (1) 6-22-01 (2)
1,000 b/d
Alabama 25 25
Alaska 1,020 961
California 800 ...
US Crude Prices.(Brief Article)(Illustration)(Statistical Data Included)
July 1, 2002...
US CRUDE PRICES
$/bbl * 6-21-02
Alaska-North Slope 27[degrees] 20.27
South Louisiana Sweet 25.75
California-Kern River 13[degrees] 20.50
Lost Hills 30[degrees] 22.85...
World Crude Prices. (Statistics).(tabulated by country, region)(Brief Article)(Statistical Data Included)
July 1, 2002...
WORLD CRUDE PRICES
$/bbl (1) 6-14-02
United Kingdom-Brent 38[degrees] 24.09
Russia-Urals 32[degrees] 22.82
Saudi Light 34[degrees] 21.11
Dubai Fateh 32[degrees]...
US Natural Gas Storage. (Statistics).(Brief Article)(Statistical Data Included)
July 1, 2002...
US NATURAL GAS STORAGE (1)
6-14-02 6-7-02 Change
Bcf
Producing region 735 719 16
Consuming region east 1,058 1,003 55
Consuming...
Pace Refining Margins. (Statistics).(Brief Article)
July 1, 2002...
PACE REFINING MARGINS
Apr. May June June
2002 2002 2002 2001 Change
$/bbl
US Gulf Coast
West Texas Sour ...
US Natural Gas Balance Demand/Supply Scoreboard. (Statistics).(February and March 2002, March 2001)(Brief Article)
July 1, 2002...
US NATURAL/GAS BALANCE DEMAND/SUPPLY SCOREBOARD
Mar. Total
Mar. Feb. Mar. change YTD
2002 2002 2001 2002-2001...
US Heating Degree Days. (Statistics).(April 2001, April 2002)(Brief Article)(Statistical Data Included)
July 1, 2002...
US HEATING DEGREE DAYS (1)
2002 %
change
Apr. Apr. from
2002 2001 ...
Worldwide NGL Production. (Statistics).(tabulated by country for February, March 2002 and three month average)(Brief Article)
July 1, 2002...
WORLDWIDE NGL PRODUCTION
3 month
average
Mar. Feb. Production
...
Oxygenates. (Statistics).(production, stocks)(Brief Article)(Statistical Data Included)
July 1, 2002...
OXYGENATES
Apr. Mar. YTD YTD
2002 2002 Change 2002 2001
1,000 bbl
Fuel ethanol
Production 3,805 3,996...
Stratospheric pay for chief executives under new scrutiny. (The Editor's Perspective).(Brief Article)(Statistical Data Included)
July 1, 2002... Toppled companies and disclosures of book-cooking have intensified scrutiny of the often stratospheric compensation of corporate chief executives.
Top managers with lavish stock-performance incentives have misled shareholders, jeopardized...
Phantom surplus' seen softening gas prices. (Market Hotline).(Brief Article)(Statistical Data Included)
July 1, 2002... Remember The Case of the Missing Barrels? That was a controversy of a few years back when critics blamed an apparent gap in the International Energy Agency's supply data as a contributor to soft oil prices.
Now we seem to have The Cases of...
Market movement. (Newsletter).(worldwide crude petroleum market; analysis, statistics)(Industry Overview)(Statistical Data Included)
July 8, 2002... Possible tight oil market may give way to competition, analysts say
Now that the Organization of Petroleum Exporting Countries has extended its production quotas through the third quarter, industry analysts are focusing on potentially tight...
Lower 48. (Industry Trends).(natural gas reserves; United States, lower 48 states)(Brief Article)(Statistical Data Included)
July 8, 2002... LOWER 48 natural gas reserve additions per rig-year are declining while, counterintuitively, the reserves-to-production (R/P) ratio of new reserve additions is climbing.
Those trends were detailed in a new report by Stephen A. Smith,...
Sharp increases. (Industry Trends).(oil and natural gas industry, United States; survey)(Brief Article)(Industry Overview)
July 8, 2002... SHARP INCREASES in oil and natural gas spending plans in the US and Canada have reaffirmed earlier signals that oil service fundamentals and activity levels should continue to improve.
That conclusion comes from UBS Warburg LLC in its...
Safety and security. (Government Developments).(oil and gas pipeline security rules; United States)(Brief Article)
July 8, 2002... SAFETY AND SECURITY of oil and gas industry infrastructure is a high priority in Washington, DC.
The House Committee on Energy and Commerce last month pushed its own proposal to update US pipeline safety rules, helping set the stage for a...
The department of justice. (Government Developments).(new security guidelines for refineries, other industrial plants; United States)(Brief Article)
July 8, 2002... THE DEPARTMENT OF JUSTICE, meanwhile, has released new security guidelines for refineries and other industrial plants, including about 15,000 chemical facilities nationwide. DOJ said the guidelines would be used to identify and assess potential...
The Kashagan supergiant oil discovery in the NorthEastern sector of the Caspian Sea off Kazakhstan was officially declared commercial June 28. (Quick Takes).(Eni S.p.A., Agip KCO)(Brief Article)
July 8, 2002... THE KASHAGAN supergiant oil discovery in the northeastern sector of the Caspian Sea off Kazakhstan was officially declared commercial June 28, opening the way for preparation of a development plan.
A 2-year appraisal program undertaken by...
Noble Energy Inc. (Quick Takes).(natural gas supply deal with Israel Electric Corp.)(Brief Article)
July 8, 2002... Elsewhere on the development front, Houston-based Noble Energy Inc. and partners have signed a final definitive agreement with an Israeli power utility covering sale of natural gas from their field off Israel. The deal marks the latest progress...
Operators have awarded drilling contracts related to world-class projects. (Quick Takes).(Pride International Inc., oil; Kazakhstan, Gulf of Mexico)(Brief Article)
July 8, 2002... OPERATORS have awarded drilling contracts related to world-class projects off Kazakhstan and in the deepwater Gulf of Mexico to Pride International Inc., Houston.
The first, awarded by Agip KCO, is for Pride's 3,000 lip Rig 319 to work in...
Kerr-McGee Oil & Gas Corp. (Quick Takes).(oil production in Gulf of Mexico)(Brief Article)
July 8, 2002... KERR-MCGEE OIL & GAS CORP, a unit of Oklahoma City-based Kerr-McGee Corp., began oil production June 24 from its Boomvang field in the Gulf of Mexico from the first of three sub-sea wells. The first Boomvang well, which lies in the East Breaks...
In other production news, a unit of Europa Oil & Gas Ltd., London, and its Ukrainian partner, Zahidukrgeologia, began gas production from Horodok field. (Quick Takes).(Brief Article)
July 8, 2002... In other production news, a unit of Europa Oil & Gas Ltd., London, and its Ukrainian partner, Zahidukrgeologia, began gas production from Horodok field, which lies in the L'viv region of western Ukraine. The field is operated by Europa's...
Noble Energy. (Quick Takes).(Noble Energy Inc., Gulf of Mexico offshore oil production)(Brief Article)(Statistical Data Included)
July 8, 2002... Noble Energy started production June 25 from Lost Ark field in the deepwater Gulf of Mexico. The field flowed from a single well on East Breaks Block 421 at a rate of 28 MMcfd with flowing tubing pressure of 3,100 psi. Noble plans to ramp up...
Stelmar Shipping Ltd. (Quick Takes).(Daewoo Shipbuilding contract for new tankers)(Brief Article)
July 8, 2002... STELMAR SHIPPING LTD., Athens, has taken delivery of two new Panamax tankers, which completes Stelmar's newbuilding program for 2002. Both tankers already have multiyear charter contracts.
Daewoo Shipbuilding & Marine Engineering Co. Ltd....
Kinder Morgan Energy Partners LP declared a successful open season for a new natural gas storage project. (Quick Takes).(Brief Article)(Statistical Data Included)
July 8, 2002... KINDER MORGAN ENERGY PARTNERS LP declared a successful open season for a new natural gas storage project designed to help ease the supply infrastructure bottleneck for Rocky Mountain region gas.
KMEP's Kinder Morgan Interstate Gas...
The advancement of gas-to-liquids technology received another boost late last month with the award of a contract. (Quick Takes).(Brief Article)
July 8, 2002... THE ADVANCEMENT of gas-to-liquids technology received another boost late last month with the award of a contract to implement a semicommercial GTL unit in South Africa.
South Africa is one of the pioneering nations in GTL technology; for...
MMS introduces well logs online.(Brief Article)
July 8, 2002... The Department of the Interior's Minerals Management Service announced a new online ordering system that allows companies to research oil and gas well logs online; the information can also downloaded onto a customized CD-ROM for $15.
About...
Calendar.(Brief Article)
July 8, 2002... * Denotes new listing or a change in previously published information.
Additional information on upcoming seminars and conferences is available through OGJ Online, Oil & Gas Journal's Internet-based electronic information source at...
Hydrogen fuel gets a push. (Journally Speaking).(Brief Article)
July 8, 2002... The prospect of using hydrogen as a viable and safe transportation fuel has never quite fully recovered from the Hindenburg dirigible disaster that occurred on May 6, 1937.
Recent estimates by the Alternative Fuels Data Center, an internet...
Time to pick sides. (Editorial).(Brief Article)
July 8, 2002... It's time for oil and gas companies to pick sides in the controversy over climate change. Debate, such as it is, will intensify soon.
Former Vice-Pres. Al Gore is behaving like the presidential candidate everyone expects him to be in the...
Industry takes first post-Enron steps towards modifying risk techniques. (General Interest).
July 8, 2002... Countless energy companies' business practices will be forever changed by the fall of and subsequent investigation into beleaguered energy merchant Enron Corp. For one, risk management techniques and tools used by oil and gas companies will...
Portfolio optimization benefits from integrating strategy, and valuation. (General Interest).
July 8, 2002... Optimization of oil and gas assets within a portfolio requires analysis and techniques that go beyond the efficient frontier favored by the traditional portfolio theory developed to optimize stock portfolios. (1)
Four numerical techniques,...
US federal lands access issues continue to boil over. (General Interest).
July 8, 2002... Oil and gas companies continute to grapple with controversy over access to US federal lands. As Congress tries to hammer out a comprehensive energy bill that President George W. Bush can sign, lands access issues keep boiling over on the...
Oversight spotlight. (Watching Government).(management of the Federal Energy Regulatory Commission)(Brief Article)
July 8, 2002... Ongoing worries by Walt Street and the public over corporate misconduct within and outside the energy business have led lawmakers to reexamine the role federal regulators play in keeping markets competitive. The General Accounting Office, an...
House, Senate start negotiations over sweeping energy bill. (General Interest).(Brief Article)
July 8, 2002... Congressional leaders late last month officially began talks designed to reconcile differences between the House and Senate energy bills with both sides calling for a spirit of compromise. Negotiators spent the first day of the conference...
MMS sees accelerating growth in Gulf of Mexico oil, gas production.(Minerals Management Service)(Brief Article)(Illustration)(Statistical Data Included)
July 8, 2002... The Minerals Management Service's Gulf of Mexico regional office predicted in a June 10 report that leases held on the Outer Continental Shelf will be producing oil and natural gas at dramatically higher levels than a decade ago.
MMS said...
Application of marine heat flow data important in oil, gas exploration. (Exploration & Development).
July 8, 2002... The earth is a gigantic heat engine. A tremendous amount of heat is constantly transported from its center to the surface by thermal convection and conduction.
The geothermal heat is ultimately the driving force of most large-scale...
Technology advances boost horizontal openhole gravel packing. (Drilling & Production).
July 8, 2002... Major advances in sand-control tools, gravel-packing methods, and drilling and completion fluid technology have made horizontal gravel-packed openhole completions, in some cases, economically more attractive than stand-alone screen completions....
High performance coil-tubing drilling develops shallow North Slope heavy oil. (Drilling & Production).
July 8, 2002... A multidiscipline team, assembled by BP Exploration (Alaska) Inc. completed a successful four well, coil-tubing drilling (CTD) pilot project to drill long horizontal multilateral sidetracks into the Milne Point Schrader Bluff field's shallow,...
Double mixed refrigerant LNG process provides viable alternative for tropical conditions. (Processing).(Liquefied natural gas)
July 8, 2002... A comparison of LNG processes for tropical conditions showed that Shell double mixed refrigerant (DMR) process is a competitive alternative for the propane mixed refrigerant (C3MR) process. For both processes, an end-flash system provides many...
New correlation predicts liquid holdup in gas-condensate pipelines. (Transportation).(Illustration)(Statistical Data Included)
July 8, 2002... A simple-to-use correlation has been developed which better predicts liquid holdup in gas-condensate transmission, two-phase flow pipelines. Research for the correlation is based on data from Iran's Kangan gas field.
Two-phase flow...