Archives April 2015

Apr
6
2015

One more outlook to the pile

Reporting news to the oil and gas industry about the oil and gas industry is a serious business. It has to be. Seriousness is a tone that readers of Oil & Gas Journal have come to expect. …read more Source: Oil Gas Journal   

Apr
6
2015

Companies slash capital budgets as oil price drop cuts cash flows

Oil and gas companies, whose basic commodity has lost more than half its value in half a year, have slashed budgets in an effort to pull spending back within sharply diminished cash flow. …read more Source: Oil Gas Journal   

Apr
6
2015

Analysts: Oil industry dealing with downturn better than years' past

Investment bankers and analysts entrenched in the oil and gas industry say companies have so far staved off the major negative impacts of the current industry downturn better than previous downturns by acting more proactively and aggressively. …read more Source: Oil Gas Journal   

Apr
6
2015

Novel completions increase horizontal well production

Two novel completion techniques that solve the problems of acid fracturing in complex carbonate horizontal wells have been successfully implemented in China. Using them has enhanced production in the Tarim, Sichuan, Bohai Gulf, and Ordos basins. …read more Source: Oil Gas Journal   

Apr
6
2015

GOM Revenue Sharing-2: GOMESA Phase II revenues impacted by several factors

The first phase of the 2006 Gulf of Mexico Energy Security Act (GOMESA) regulated revenue sharing in the gulf’s 181 Area and 181 South Area. …read more Source: Oil Gas Journal   

Apr
6
2015

Hydrocyclone study enables GOSP debottlenecking

This article describes Saudi Aramco’s efforts in confirming the adaptability of hydrocyclone technologies in debottlenecking a gas-oil separation plant (GOSP). …read more Source: Oil Gas Journal   

Apr
6
2015

Texas pipelines to have $374-billion economic impact through 2024

Between the current year and 2024 the Texas pipeline industry will generate cumulative economic impacts (in today’s dollars) of around $374 billion in economic output, $212 billion in additional gross state product, and contribute $19.5 billion to state and local government revenues. …read more Source: Oil Gas Journal   

Apr
6
2015

Cairn India seeks to triple gas production from RJ block

Cairn India Ltd. is seeking to triple natural gas production from the RJ block in Rajasthan by drilling a minimum of 42 wells in the next 3 years. …read more Source: Oil Gas Journal   

Apr
6
2015

Western governors group releases 2014 greater sage grouse inventory

Western US governors released their 2014 Sage Grouse Inventory, which highlights conservation efforts by public, private, and nongovernment organizations during the past year to protect the bird’s 11-state habitat. Several Rocky Mountain oil and gas producers are actively involved. …read more Source: Oil Gas Journal   

Apr
2
2015

Strike extends Sea Lion play off Falklands

Premier Oil PLC will plug a discovery well on the Zebedee prospect after successfully testing a southward extension of its Sea Lion oil field under development north of the Falkland Islands. …read more Source: Oil Gas Journal   

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