Improved Recovery Week articles from June 1996

Improved Recovery Week archives from June 1996

China's coalgas efforts centered in new company.
June 3, 1996... The Peoples Republic of China is centralizing its coalbed methane projects under a new, high-powered company to be called China United Coalbed Methane Co. Ltd. (CUCMC) And the new company is considering waiving fees and perhaps even...

Venezuela field expanded. (Benton Oil and Gas Co.)
June 3, 1996... With addition of the third phase of production facilities at its Uracoa field development in Venezuela, Benton Oil and Gas Co. has upped production capacity by 32% from 34,000 b/d to 45,000 b/d. Company Chairman A.E. Benton said...

Morgan/Colin merger aims at heavy oil. (Morgan Hydrocarbons Inc.; International Colin Energy Corp.)
June 3, 1996... Calgary, Alberta-based Morgan Hydrocarbons Inc. believes the additional light oil and natural gas reserves it would gain as a result of its proposed acquisition of International Colin Energy Corp. would help balance growth in its heavy oil...

New mud tests slated.
June 3, 1996... Cabot Corp. has formed a new division, Cabot Performance Fluids (CPF), to develop and market cesium formate-based drilling, completion, and workover fluids to the petroleum drilling services industry. Cesium formate is a low-toxic,...

IOGCC urges tax credit on horizontal flow. (Interstate Oil and Gas Compact Commission)
June 3, 1996... The Interstate Oil & Gas Compact Commission (IOGCC) last week urged U.S. Treasury Secretary Robert Rubin to authorize tax credits for oil and gas recovery made possible by horizontal drilling and completion technology. Such credits, the...

Firms name Permian chief.
June 3, 1996... Jim Posey has been named chief executive officer of the proposed Houston-based Permian Basin limited partnership between Amoco Production Co. and Shell Oil Co. The appointment did not come as a surprise. Posey was vice president of...

Texas horizontals up in March. (horizontal drilling permits)
June 3, 1996... A sizeable increase in horizontal drilling permits was granted by the Texas Railroad Commission to producers in that state during the month of March. The commission awarded 62 such permits, compared with only 40 for the previous month....

Syncrude expansion projects imminent. (Syncrude Canada Ltd.)
June 3, 1996... Syncrude Canada Ltd. expects to approve two projects worth some US$500 million soon which should expand its production by about 10%, the company's chairman, Eric Newell, said late last month in Washington, D.C. Newell was in the U.S....

Now on tap: 3-D to the third power. (seismic survey in Lea County, NM)
June 3, 1996... Forget 3-D! Heck, even forget 5-D! A consortium of 26 companies, working through the Colorado School of Mines' reservoir evaluation program, is using a prototype "9-D" seismic survey to monitor the effects of a carbon dioxide injection...

ARCO steaming, drilling ahead in California's Kern County. (Atlantic Richfield Co.)
June 24, 1996... Major oil company operations in Southern California, particularly along the coastline, are handicapped by the effects of extreme pressure by environmentalist groups on state, county, local regulators and even the federal government. The result...

New Canadian oil sands projects detailed.
June 24, 1996... Once Canada's federal and provincial governments formalized their promises to reform royalty stipulations on new oil sands and heavy oil projects, new projects have been cropping up all over Alberta and Saskatchewan. Only last week, Syncrude...

Firms set big Lodgepole 3-D shoot. (Lodgepole reef mounds)
June 24, 1996... TransGlobe Energy Corp., Vancouver, B.C. Canada, has entered into a 3-D geophysical and exploration play with Collins & Ware, et al, in the central-eastern Montana portion of the Williston Basin. The first phase of the survey started May 21,...

They don't use 3-D...very much. (oil industry)
June 24, 1996... Swift Energy Co. in Houston and Triton Energy Corp. in Dallas are two very different Texas-based independents with a common trait: They're both almost parsimonious in their use of 3-D seismic. The two oil and gas exploration and production...