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  • Volume 118, Issue 9

    • Volume 118, Issue 9

    Sept. 7, 2020 | Due to lower commodity prices, the OGJ150 group of US-based oil and gas producers reported a sharp decline in earnings in 2019 from a year earlier. Their OGJ100 counterparts also generally posted weaker financial results for 2019, while Canadian firms, as a subgroup, reported improved earnings. This month’s Drilling Technology special focuses on time management and risk assessment of international drilling projects. Cover photo from Suncor Energy.
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    General Interest

    OGJ150 firms post lower 2019 earnings on lower commodity prices

    Sept. 7, 2020
    The OGJ150 group of oil and gas producers recorded much subdued financial results in 2019, compared to results in 2018, mainly due to lower commodity prices, and higher impairments...
    200907 Ogj035 Cap Index T01
    General Interest

    Construction costs erratic in first-half 2020

    Sept. 7, 2020
    Pritesh Patel IHS MarkitHoustonIHS Markit indices are proprietary measures of cost changes similar in concept to the Consumer Price Index (CPI) and draw upon proprietary IHS Markit...

    More content from Volume 118, Issue 9

    General Interest

    Army Corp of Engineers defends Dakota Access permitting in appeals court

    Sept. 7, 2020
    A federal judge misapplied environmental law, misread a court precedent, and invented his own impractical legal standards when he ordered more study of the Dakota Access Pipeline...
    Photo from San Mateo Midstream LLC.
    Matador Resources Co. and San Mateo Midstream LLC completed and commissioned an expansion of San Mateo’s Black River cryogenic natural gas processing plant in Eddy County, NM.
    General Interest

    San Mateo wraps Delaware basin gas plant expansion, updates pipeline projects

    Sept. 7, 2020
    Dallas-based Matador Resources Co. and San Mateo Midstream LLC—the company’s 51%-owned midstream joint venture with Houston private equity firm Five Point Energy LLC (49%)—have...
    General Interest

    Rystad: Another 150 North American E&Ps will need Chapter 11 protection through 2022

    Sept. 7, 2020
    With WTI climbing past $40/bbl, many North American exploration and production companies (E&Ps) have been able to continue business operations as the COVID-19 pandemic added severe...
    Photo from Fluor Corp.
    Kuwait National Petroleum Co.’s Mina Abdullah refinery in southern Kuwait.
    General Interest

    KNPC progresses on Mina Abdullah refinery’s Clean Fuels Project

    Sept. 7, 2020
    Fluor Corp.’s joint venture team FDH JV—which includes partners Daewoo Engineering & Construction Co. and Hyundai Heavy Industries Co.—has completed final provisional turnover...
    General Interest

    Grassroots methanol-to-olefins complex planned for Uzbekistan

    Sept. 7, 2020
    Jizzakh Petroleum JV LLC, a joint venture of JSC Uzbekneftegaz and Gazprom International SA subsidiary Gas Project Development Central Asia AG, has signed on as a major investor...
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    Drilling & Production

    Integrated risk assessment improves Colibasi field drilling performance

    Sept. 7, 2020
    Addressing problems encountered in previous offset wells has helped improve drilling of new Colibasi field development wells onshore in southern Romania’s Dambovita county.
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    Exploration & Development

    Optimized drilling saves time in Persian Gulf

    Sept. 7, 2020
    A comprehensive study of new phases for Statoil South Pars phase development optimized drilling times.
    Refining & Processing

    US ethylene producers evaluate post-pandemic capacity additions

    Sept. 7, 2020
    In contrast to upstream, midstream, and refining companies, US Gulf Coast ethylene producers rolled along in first-half 2020, with industry wide operating rates of 85-90%.
    Photo from Petrobras.
    Stationed at Petrobras-operated Berbigão field in 2,280 m of water about 230 km off Rio de Janeiro state, the P-68 FPSO processes up to 150,000 b/d of oil and 6 million cu m of gas from 10 production wells and seven injector wells in Berbigão and Sururu fields.
    Refining & Processing

    Guide to world oil crudes: Total issues assay for Brazilian Sururu crude oil

    Sept. 7, 2020
    Total Oil Trading SA published an assay dated Apr. 28, 2020, for Sururu crude oil, produced from Berbigão and Sururu fields in the BM-S-11-A concession of the Iara license in ...
    TC Energy stored Keystone XL pipe at a variety of sites, including this stockpile at Piapot, Sask. (Fig. 1).
    Pipelines & Transportation

    Whitewash protection preserves FBE pipe-coating properties

    Sept. 7, 2020
    With the exception of reducing some of its flexibility, whitewash-protected fusion-bond epoxy (FBE) coatings exposed to ultraviolet (UV) light in Canada for as long as 10 years...