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About OIL-GAS-NEWS.COM
Petroleum Industry Information Exchange Center
The latest petroleum news around the world, hot topics, new technologies, post or request oil jobs, post or request oil projects, oil field trading, oil equipment trading ......
Mission Statement
oil-gas-news.com is designed to be interactive center for current information regarding the peak in global energy supply, new E&P technology, business opportunity. We will publish news and research concerning: The current situation, such as Innovations or partial solutions to this crisis, new technology, Joint Venture Project, new idea, oil & gas production data, economic or societal clues to decline profiles, and relevant institutional pronouncements. Any other issues which assist our understanding of the broader implications of the oil peak.
We welcome original content, and we invite industry insiders and independent researchers to submit their insights and findings relevant to these issues.
How it works
Users of the site contribute articles through the article submission form. Our editors will approved these stories for publication.
We welcome constructive criticism at all times, and invite all readers to leave comments on the articles and also to send feedback by email help@oil-gas-news.com.
Created on 02/04/2003 10:24 AM by admin
Updated on 11/13/2006 02:42 PM by admin
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Today Oil & Gas News
Wednesday, May 16, 2012
Industry Headlines
'Frenetic' US Midstream Pace Could Be Pipeline to Higher NG Prices
Surging production from U.S. shale gas and tight sand basins is contributing to demand for transmission pipeline and storage capacity.
Total Stops Elgin Gas Leak
Total announces that 12 hours after beginning a mud-pumping operation on a well at its Elgin complex the gas leak has finally been stopped.
Study: Pa. Shale Regulations Reduced Environmental Violations
A new report indicates Pennsylvania's regulatory approach has been effective at maintaining a low probability of serious environmental events and in reducing the frequency of environmental violations.
Companies Weigh Early Shale Gas Investment Rush
BHP Billiton, BP, Total and Shell are weighing up early stage investments in Australia's shale gas sector in a bid to secure acreage before assets become too expensive.
Repsol Seeks Class-Action Suit against Argentina in NY Court
Repsol YPF has filed a lawsuit against Argentina in a court in New York after the country nationalized the company's local unit.
Tuesday, May 15, 2012
Industry Headlines
API Offers Planks for Parties' Energy Platforms
API officials on Tuesday offered party platform recommendations covering areas such as resource access and regulatory approaches.
Crude Ends Down 0.8% At $93.98/Bbl, New 2012 Low
Crude-oil futures finished below $94 for the first time in five months as European political turmoil dimmed prospects for economic growth.
Shell, Partners Move Forward with Kitimat Export Facility
Shell, Korea Gas Corporation (KOGAS), Mitsubishi Corporation, and PetroChina Company Limited on Tuesday announced they are developing a proposed liquefied natural gas (LNG) export facility in Western Canada, near Kitimat, British Columbia.
Chesapeake Loan Increased from $3B to $4B
Chesapeake confirms it has increased the size of a previously announced unsecured term loan from $3 billion to $4 billion.
Repsol Starts Legal Process Over Seized Argentina Unit
Repsol YPF begun a legal battle against Argentina's seizure of its local unit last month, the Spanish oil company's first move to try to secure payment through arbitration for its nationalized operations.
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Announcements
Momentive (Formerly Hexion) Adds New Proppant Production Line |
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Posted by: anonymous on 01/18/2011 12:23 AM
(Read: 1564)
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Momentive Specialty Chemicals’ Oilfield Technology Group
Adds New Production Line to Cleburne, Texas Resin Coating Plant |
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Oil Well Leaks |
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Posted by: anonymous on 01/18/2011 12:22 AM
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| A complete redo of capping procedures should be looked at in the United States drilling procedures as per chapter three, p.s. is that well in the Gulf been fractured or chemically enhanced yet? |
Knowledge Reservoir and GreyStar to Jointly Manage and Develop |
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Posted by: anonymous on 01/18/2011 12:22 AM
(Read: 1487)
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| HOUSTON, Texas, May 28, 2010 --- Knowledge Reservoir LLC, a leading geosciences and engineering consulting services company, and GreyStar Corporation, Inc., a leading provider of facilities management, operations, maintenance and asset management services, today announced the signing of an agreement to cooperate in the management, development and operation of oil and gas producing assets. The companies’ cooperation will target project opportunities in various regions of the world, including Southeast Asia, China, the Middle East and Latin America. |
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Knowledge Reservoir Announces 2010 Release of its Deepwater Gulf of Mexico Knowledge Base – ReservoirKB |
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Posted by: anonymous on 01/18/2011 12:22 AM
(Read: 1468)
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| Knowledge Reservoir LLC, a leading geosciences and engineering consulting services company, today announced the 2010 release of its deepwater knowledge base, ReservoirKB.Bold Text |
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well log digitizing, well log digitization |
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Posted by: admin on 12/23/2009 03:28 PM
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Well log digitizing Well log digitization - Logdigi,LLC provides the lowest price well log digitizing, well log digitization service, the highest quality, and the fastest well log digitizing service. Logdigi's automated well log digitizing system is a new strong Competitor of other companies - Well Log Digitizing system. Logidigi's well log digitizing fee is much cheaper than other digitization company. *Well Log Digitization price: average US$19~$59/well *Convert(digitized)paper log to digital log within 2 hours, faster than *ohter well log Digitizer *Accommodate order large and small, rush or long term *Guarantee high quality Service, 100% customer satisfaction *Use automated digitizing software to digitize, automated tracing well log *Quality Control: digitization software has an efficient "Automatic Match Function" *Deliver well-logging data in standard LAS format. LOGDIGI international log experience includes complex and problematic logs from P.R. China (36 oil fields), Russia, Latin America, Europe, the Middle East, and Africa.
contact: www.logdigi.com |
well log digitization, well log digitizing |
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Posted by: anonymous on 11/14/2009 11:00 AM
(Read: 8521)
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Well log digitizing Well log digitization - Logdigi,LLC provides the lowest price well log digitizing, well log digitization service, the highest quality, and the fastest well log digitizing service. Logdigi's automated well log digitizing system is a new strong Competitor of other companies - Well Log Digitizing system. Logidigi's well log digitizing fee is much cheaper than other digitization company. *Well Log Digitization price: average US$19~$59/well *Convert(digitized)paper log to digital log within 2 hours, faster than *ohter well log Digitizer *Accommodate order large and small, rush or long term *Guarantee high quality Service, 100% customer satisfaction *Use automated digitizing software to digitize, automated tracing well log *Quality Control: digitization software has an efficient "Automatic Match Function" *Deliver well-logging data in standard LAS format. LOGDIGI international log experience includes complex and problematic logs from P.R. China (36 oil fields), Russia, Latin America, Europe, the Middle East, and Africa.
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State Level Efforts to Drive Indian Solar Energy Market |
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Posted by: anonymous on 11/14/2009 10:47 AM
(Read: 8831)
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| State level initiatives are expected to speed up the development of solar energy market in India, pushing the country as a leading solar energy player, says RNCOS. |
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Innovative Seawater Desalination Vessel offers valuable benefits to the offshore oil and gas industry |
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Posted by: anonymous on 08/12/2009 12:31 AM
(Read: 10006)
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| An innovative Seawater Desalination Vessel (SDV), being developed by Water Standard and designed by Babcock’s Marine Division, has valuable potential applications in the offshore oil and gas industry, in addition to providing a novel solution to increased worldwide freshwater demands. |
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SMX expands international sales reach with UK distributor appointment |
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Posted by: anonymous on 08/12/2009 12:31 AM
(Read: 10796)
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| SMX International, the global pipe connection and flow control products company, has appointed L&N Scotland to handle sales of its range of products to oil and gas sector assets and projects based in, or managed from, the Aberdeen area. The move is part of SMX’s expanding international sales presence. |
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Well log digitization |
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Posted by: admin on 05/29/2009 10:54 AM
(Read: 10635)
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LOGDIGI guarantees the lowest price and highest quality well log digitization, well log scanning, map digitzation services. If you find any companies' price lower than ours, we can match or lower than their price. LOGDIGI guarantees not resell clients' data to the third party.
www.logdigi.com |
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Read More
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Bespoke solution for Qatar offshore platform |
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Posted by: anonymous on 05/29/2009 10:54 AM
(Read: 10409)
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| Work on the third and final phase of a project to replace the upper sections of three risers and emergency shutdown (ESD) valves on an offshore platform off Qatar has recently been completed by Furmanite Middle East, the specialist engineering and technical services company, who developed and applied purpose-engineered solution to meet the requirements. |
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Knowledge Reservoir Ownership Returns to Original Founders |
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Posted by: anonymous on 05/13/2009 08:24 PM
(Read: 10764)
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| HOUSTON, Texas, May 11, 2009 --- Knowledge Reservoir, a leading global geosciences and engineering consulting services company, today announced the completion of a Management Buy Out of the remaining shareholding held in the company by Ziebel AS. |
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Furmanite wins ‘Most Significant Contribution to Subsea Pipeline Technology’ award |
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Posted by: anonymous on 05/13/2009 08:24 PM
(Read: 11887)
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| Furmanite, the specialist engineering and technical services company, has won a prestigious Pipeline Industries Guild award for the ‘Most Significant Contribution to Subsea Pipeline Technology’, amid stiff competition, with its ultra high pressure subsea pipeline repair clamp design. |
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Leak Sealing Precautions for North Sea Pipeline |
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Posted by: anonymous on 03/29/2009 09:37 PM
(Read: 11229)
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| Furmanite, the specialist engineering and technical services company, has designed, built and delivered a high pressure subsea self-sealing repair clamp as a contingency measure for the BP operated Everest to Forties condensate pipeline in the North Sea. The clamp will provide a fast and efficient means of repairing a leak without requiring shutdown, should the need arise. |
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New check valve significantly reduces operating costs |
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Posted by: anonymous on 03/29/2009 09:37 PM
(Read: 11238)
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| A next-generation Non-Slam Nozzle Check Valve has been developed by global pipe connection and flow control products company SMX International, providing a faster dynamic performance than previously thought possible, and the lowest pressure loss of any valve currently on the market – significant performance advantages that result in substantial through-life cost saving benefits. The new valve is now available. |
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SMX International makes UK appointment |
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Posted by: anonymous on 02/04/2009 10:09 AM
(Read: 10632)
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| SMX International, the global pipe connector and flow control products company, has appointed Bernie Newmarch as UK representative. |
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Hexion’s Oilfield Technology Group Opens New Production Plant for ValuBond Proppant |
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Posted by: anonymous on 02/03/2009 01:40 PM
(Read: 12557)
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| The Oilfield Technology Group (OTG) of Hexion Specialty Chemicals today announced the opening of a new production plant for its line of ValuBond resin coated proppants in the Oklahoma City area. |
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Read More
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Well log digitization |
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Posted by: anonymous on 01/05/2009 08:13 PM
(Read: 13228)
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LOGDIGI guarantees the lowest price and highest quality well log digitization, well log scanning, map digitzation services. If you find any companies' price lower than ours, we can match or lower than their price. LOGDIGI guarantees not resell clients' data to the third party.
www.logdigi.com |
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Read More
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Well log digitizing |
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Posted by: anonymous on 01/05/2009 08:13 PM
(Read: 11140)
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Well Log Digitizing, Well Log Digitization, Well Logging Digitizing Services
LogDigi, LLC provides the lowest price well log digitizing, the highest quality, and the fastest well log digitizing service. LogDigi is a very strong competitor of other digitizating software companies - well log digitizing system and other digitization companies - well log digitizing services.
The Lowest Price Well Log Digitizing LogDigi's well log digitizing service fee is much cheaper than other digitizing companies.
The average price is about Average price from
$19 ~ $59/well
Negotiable Price can decrease your cost. No start fee for each well. No extra charge for rush orders.
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GCAGS/GCPE Convention |
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Posted by: admin on 09/08/2006 07:44 AM
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The Gulf Coast Association of Geological Societies is combining with the Gulf Coast Prospect Expo for one great event scheduled for September 25-27, 2006 in Lafayette, Louisiana. Go to www.gcags2006.com for up-to-date convention details along with on-line registration.
This event repeats daily until 09/27/2006
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Also on this Site...
Realtimenews@AAPG: Innovative Techniques Minimize Inter
Last updated by admin on 11/09/2007 12:00 AM (Read: 35775 times)
by Gretchen Gillis
Thu, Nov 9, 2006 01:29 GMT
PERTH, Australia ?Making good reservoir predictions is a crucial endeavor for petroleum geologists, as evidenced by numerous presentations given here at the AAPG International Conference and Exhibition.
Geological interpretations of outcrops, wells, or other data types depend heavily on the skill of the interpreter, and typically are strengthened by the interpreter抯 experience. The oil and gas industry is hiring new geological interpreters at breakneck speed, and often these interpreters collaborate on large projects, so consistency of interpretive approach is desirable.
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Web Delivers Timely Petrotechnical Reference Data
Last updated by admin on 04/04/2007 07:40 AM (Read: 33995 times)
by Gretchen Gillis
Tue, Apr 3, 2007 19:39 GMT
LONG BEACH, California – The drilling, logging and other oilfield equipment of today bears a resemblance to its earliest predecessors. But the volume of data acquired when drilling a well has grown substantially over the years. This volume might leave scientists and engineers wondering what data they have acquired unless they have a photographic memory: the number of well-log curves and parameters exceeds 50,000 and grows by approximately 1,000 curves yearly.
A real-time delivery mechanism improves the acquisition, processing and interpretation workflows by supplying log-curve descriptions and other information via the Web.
[ Read More] 252 more words - 1 page
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DOGGR: Drilling Through Time
Last updated by admin on 03/24/2007 11:37 PM (Read: 31122 times)
Before Europeans discovered California, Native Americans had discovered uses for petroleum. Asphaltum from oil seeps helped keep arrowheads on their shafts and made baskets watertight.
The Division of Oil, Gas, and Geothermal Resources -- originally known as the Department of Petroleum and Gas -- never regulated the making of arrows or baskets. Its work began in 1915, at a time when the oil and gas industry was a booming free-for-all in need of a referee. Through the 20th Century and into today, DOGGR has helped the oil, gas and geothermal (a relative newcomer) industries maintain productivity while becoming more efficient, diversified and environmentally conscious.
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A New Approach to Drilling Directional Wells with Coile
Last updated by admin on 03/21/2007 08:05 AM (Read: 31614 times)
by Matt Varhaug, Oilfield Review editor
Tue, Mar 20, 2007 23:57 GMT
THE WOODLANDS, Texas - Field testing is opening the way for coiled tubing in directional wells drilled in the San Juan Basin of Colorado and New Mexico, USA.
Speaking here at the Intervention & Coiled Tubing Association's (ICoTA) 2007 Coiled Tubing and Well Intervention conference and exhibition, Tony Pink, Drilling Engineering Manager with Schlumberger, described how the San Juan Coiled Tubing Project was launched by BP America to evaluate directional drilling systems used in coiled tubing applications.
[ Read More] 495 more words - 1 page
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Fullbore Formation MicroImager
Last updated by Schlumberger on 09/30/2006 01:57 PM (Read: 31347 times)
Borehole geology, geomechanics and 3D reservoir modeling
Determine net pay
The FMI Fullbore Formation MicroImager gives you microresistivity formation images in water-base mud. This is the preferred approach for determining net pay in laminated sediments of fluvial and turbidite depositional environments.
Visualize sedimentary features
These features define important reservoir geometries and petrophysical reservoir parameters. The interpretation of image-derived sedimentary dip data lets you understand sedimentary structures.
Interpret seismic sections
Well-to-well correlation is difficult in deviated wells with sections of steep and varying structural dip. Greatly improve structural interpretation of seismic sections with high-quality bedding dips to compute accurate logs of true stratigraphic thickness.
Get more data
Geological information from FMI borehole images helps with stochastic modeling of the sand-shale distribution. FMI images define channel heights superbly in amalgamated units. Other variables, such as the channel width and channel sinuosity, can be estimated using geological analogs, based on detailed sedimentological analysis of FMI image data.
Improve well construction plans
Borehole images improve your mechanical earth models which, in turn, help you optimize well plans. Better understanding of borehole stability can save you millions of dollars during field development.
[ Read More] 418 more words - 1 page
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Better Turns for Rotary Steerable Drilling
Last updated by lai_wmn on 08/20/2006 02:03 PM (Read: 29978 times)
Farther, faster, cheaper, safer. These words describe the drilling results of the newest rotary steerable systems. Substantial advances in the reliability and steerability of rotary steerable drilling systems allow engineers to plan and drill complicated well trajectories in extremely demanding environments. Better still, oil and gas companies save rig time while doing so.
[ Read More] 264 more words - 1 page
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WHY INVEST IN OIL AND GAS NOW?
Last updated by admin on 08/16/2006 08:35 AM (Read: 38372 times)
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Stratigraphic Column
Last updated by admin on 07/27/2006 08:59 AM (Read: 29613 times)
A stratigraphic column is a drawing done by a geologist that describes what rocks in a cliff wall or underground look like. This allows other geologists, who have never seen these rocks in person, to understand the geology of that area, and perhaps even decide whether or not there is the potential for oil or natural gas to exist in these rocks.
[ Read More] 268 more words - 1 page
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DOE-backed Consortium Delivers 6 New 'Stripper Well' Te
Last updated by admin on 06/27/2006 03:04 PM (Read: 30485 times)
Joint ventures in technology development by government and industry delivered six new deployment-ready applications in four years to extend the useful life of more than 650,000 stripper wells that deliver almost 15% of America's domestic oil production and almost 8% of natural gas production, according to the U.S. Department of Energy (DOE).
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What is the Role of Technology in Oil & Gas Production?
Last updated by admin on 06/22/2006 07:37 AM (Read: 33103 times)
When many people think of the oil and natural gas industry, they think of an old, dirty, staid industry using technology from decades ago. The images they see on television or in the movies show oil gushing madly out of wellbore or a mechanical drilling rig with three men in dirty clothes throwing a chain around drill pipe. Most people do not realize how out-dated these images are. Oil and gas is a very technology-oriented industry; many techniques developed by the industry are now used in other industries, including the space program. Technological innovations have made it possible for the oil and gas industry to supply the fuels that power the world economy.
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Advertisement
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well log digitizing services
Well Log Digitizing Services
Logdigi,LLC provides the lowest price well log digitizing, the highest quality, and the fastest well log digitizing service. Logdigi's automated well log digitizing system is a new strong Competitor of other companies - Well Log Digitizing system. Logidigi's well log digitizing fee is much cheaper than other digitization company. *Well Log Digitization price: average US$29~100/log or based on $0.29 ~ $0.59 per 100 curve feet *Convert(digitized)paper log to digital log within 2 hours, faster than *ohter well log Digitizer *Accommodate order large and small, rush or long term *Guarantee high quality Service, 100% customer satisfaction *Use automated digitizing software to digitize, automated tracing well log *Quality Control: digitization software has an efficient "Automatic Match Function" *Deliver well-logging data in standard LAS format. LOGDIGI international log experience includes complex and problematic logs from P.R. China (36 oil fields), Russia, Latin America, Europe, the Middle East, and Africa.
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