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  • Volume 118, Issue 3

    • Volume 118, Issue 3

    Mar. 2, 2020 | Spanning blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, Snorre field has been producing oil and gas since August 1992. Snorre development includes two platforms, A and B. Snorre A is an integrated production, drilling, and quarters (PDQ) unit. Oil and gas from Snorre A is piped to the nearby Statfjord A platform for final processing. Snorre field is operated by Equinor. Photo from Equinor.
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    General Interest

    US upstream spending to decline 6% in 2020

    March 2, 2020
    Capital discipline reigns supreme for US onshore markets, as investors are demanding more free cash flows and less capital expenditures for most companies.
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    General Interest

    Winner’s curse: revisiting bidding challenges in the Gulf of Mexico

    March 2, 2020
    We are fast approaching the 50-year anniversary for the seminal paper entitled “Competitive Bidding in High-Risk Situations”, authored by E.C. Capen, et al. One of the fundamental...

    More content from Volume 118, Issue 3

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    General Interest

    Construction costs end 2019 on a surprising note

    March 2, 2020
    IHS Markit indices are proprietary measures of cost changes similar in concept to the Consumer Price Index (CPI) and draw upon proprietary IHS Markit tools to provide a benchmark...
    General Interest

    Petroleum Council advocates national policies to deal with climate issues

    March 2, 2020
    National policies to reduce greenhouse gas emissions and expedite the permitting of oil and gas transportation infrastructure have been recommended by the National Petroleum Council...
    General Interest

    Shell finalizes sale of Martinez refinery

    March 2, 2020
    Royal Dutch Shell PLC subsidiary Equilon Enterprises LLC has completed the previously proposed sale of its 157,000-b/d dual-coking refinery and integrated logistics assets at ...
    General Interest

    EIA: US natural gas production, exports to increase in most scenarios

    March 2, 2020
    Total dry gas production in the US will continue to increase until 2050 in most forecast scenarios, mainly to support US natural gas exports to the global market, according to...
    General Interest

    GASCO lets contract for WDGC expansion

    March 2, 2020
    GASCO has let a contract to a consortium of Engineering Co. for Petroleum & Chemical Industries and Petroleum Projects & Technical Consultation Co. for the expansion of its Western...
    General Interest

    USGS updates oil and gas estimates in Alaska’s North Slope

    March 2, 2020
    An updated assessment estimates 3.6 billion bbl of oil and 8.9 tcf of natural gas are technically recoverable from Alaska’s Central North Slope.
    General Interest

    BPCL’s Kochi refinery exports India’s first IMO 2020-compliant VLSFO

    March 2, 2020
    India’s state-owned Bharat Petroleum has become India’s first exporter of very low-sulfur fuel oil that complies with the International Marine Organization’s new regulations requiring...
    General Interest

    Talos allocates majority of 2020 spend to US drilling, completions

    March 2, 2020
    Talos Energy Inc. plans a 2020 capital expenditures budget of $520-$545 million, inclusive of plugging and abandonment.
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    Exploration & Development

    Horizontal unconventional wells optimized for EUR and ROI

    March 2, 2020
    Stephen Schubarth Schubarth Inc. & SSS LLC Houston Stephen Holditch Texas A&M College Station, Tex. Russell Chabaud SSS LLC HoustonReservoir and completion characterizations can...
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    Drilling & Production

    CFD improves water separation efficiency in wet crude tanks

    March 2, 2020
    Saudi Aramco confirmed that inlet distributor design on an existing low-pressure degassing tank (LPDT) was the root cause of poor water separation at its gas-oil separation plant...
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    Refining & Processing

    US ethylene producers poised to dominate global market

    March 2, 2020
    US olefins producers made major progress in 2019 transitioning to a dual focus on domestic and international ethylene markets. At yearend 2016, US nameplate capacity was 64.3 ...
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    Pipelines & Transportation

    Dakota Access pipeline expansion navigates varied state processes

    March 2, 2020
    Energy Transfer LP’s plans to expand capacity of its 30-in. OD, 1,172-mile Dakota Access (DAPL) crude oil pipeline include new pump stations in Emmons County, ND, and Lincoln ...