Archives October 2013

Oct
2
2013

Advanced technology rebuilds global hydrocarbon resource base

DENVER, Colo.—Technology will transform the future of the oil and gas industry. “We believe there is a nontrivial chance that unconventional reservoirs may contain more recoverable oil and gas than all of the conventional reservoirs combined,” said Greg Leveille, general manager, unconventional resources, ConocoPhillips. …read more Source: Oil Gas Journal   

Oct
2
2013

NETL: Cleaning flowback water for reuse yields multiple benefits

The contribution to the US energy supply from unconventional natural gas sources, such as shale, is increasing dramatically due in large part to advanced hydraulic fracturing. …read more Source: Oil Gas Journal   

Oct
2
2013

BP’s Dudley defends company’s Macondo spill-response tactics

By Curtis Williams BP PLC’s Chief Executive Officer Bob Dudley has denied that his company deliberately delayed capping of the Macondo well—which suffered a blowout in April 2010, resulting in a massive oil spill in the Gulf of Mexico—saying that such suggestions defy logic and common sense. …read more Source: Oil Gas Journal   

Oct
2
2013

Shell starts oil production from BC-10 project’s second phase offshore Brazil

By OGJ editors Royal Dutch Shell PLC and its partners have reported start of production from the second development phase of the Parque das Conchas (BC-10) project 62 miles offshore southeastern Brazil. …read more Source: Oil Gas Journal   

Oct
2
2013

TAEP’s Texas Petro Index sets another record in August

By OGJ editors The Texas Petro Index, a composite index based on a comprehensive group of upstream economic indicators, reached a record-high 289.8 in August, surpassing the previous record of 288.2 set in July. …read more Source: Oil Gas Journal   

Oct
1
2013

SBM Offshore lets equipment contract for FPSOs off Brazil

By OGJ editors SBM Offshore has let a contract to Cameron for gas processing packages for two floating production, storage, and offloading vessels that will be used in the Lula field presalt area offshore Brazil. …read more Source: Oil Gas Journal   

Oct
1
2013

TransAtlantic updates southeast Turkey operations

By OGJ editors TransAtlantic Petroleum Ltd., Dallas, said it has five horizontal wells awaiting completion with a coiled tubing unit in southeastern Turkey, where it is running three rigs. …read more Source: Oil Gas Journal   

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