OFFICIAL REPORT OF THE SYMPOSIUM ON SUBSURFACE GEOSCIENCE RECORDS AND MATERIALS—Sponsored by the Office of Oil and Gas of the Federal Energy Administration

Geophysics ◽  
1975 ◽  
Vol 40 (5) ◽  
pp. 909-910
Keyword(s):  
Oil And Gas ◽  
State Governments ◽  
Science Data ◽  
Oil Companies ◽  
Storage And Retrieval ◽  
Service Companies ◽  
Official Report ◽  
Private Interests ◽  
The Subject ◽  
Science Information

The Office of Oil and Gas completed its initial effort to improve and standardize the acquisition, storage, and retrieval of subsurface geo‐science information with the holding of a symposium on the subject in Dallas on April 10, 1975. Among the 80 persons attending were representatives of the USGS, 13 State governments, 4 universities, 13 major oil companies, 3 geological societies, numerous independent companies, several service companies, and several geological consultants. Fifteen speakers representing Canada, Federal and State Governments, and private interests reviewed the development of the present situation, discussed materials presently being stored and systems being used, and suggested future possibilities in the storage and cataloguing of subsurface geo‐science data. Two groups then met simultaneosly to discuss what information would be stored and how the facilities should be developed.

The rise of the national oil companies and impact on Australia

2009 ◽  
Vol 49 (2) ◽  
pp. 591
Author(s):  
Brent Steedman
Keyword(s):  
Oil And Gas ◽  
Price Volatility ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil Companies ◽  
Service Companies ◽  
National Oil Companies ◽  
Current Period ◽  
Service Contracts ◽  
Emerging Issues

The oil and gas industry is facing a period of major transition as national oil companies (NOCs) improve their operating capabilities and change their investment models KPMG’s Global Oil and Gas Centre of Excellence has commissioned a report which analyses this changing environment, interviews senior executives from major NOCs to understand their views and offers our insights into emerging issues for the oil and gas industry. NOCs are moving outside their national boundaries, partially privatising their assets and demanding more from potential partners and investors. The key findings from this survey are as follows: the growing capabilities of NOCs the definite shift from the use of ownership to service contracts; the success of service companies; international oil companies are responding to the changing landscape; and, investment in people and skills is a top NOC priority. The potential impact of the above findings on the Australian oil and gas sector are significant, and include: reduced access to international service companies; shortage of skills increased opportunities for Australian service companies; and, increased focus by international oil companies on upstream opportunities in Australia. KPMG’s report was prepared during a period of rising oil prices. Even during the current period of price volatility, the majority of findings continue to be relevant for participants in the oil and gas industry.

Statistical Methods for Estimating Petroleum Resources

2008 ◽  
Author(s):  
P.J. Lee
Keyword(s):  
Evaluation System ◽  
Oil And Gas ◽  
Resource Assessment ◽  
Gas Production ◽  
Resource Potential ◽  
Oil And Gas Production ◽  
Oil Companies ◽  
Petroleum Resource ◽  
Petroleum Resources ◽  
The Subject

This book describes procedures for determining the total hydrocarbon (petroleum) resource or resource potential in a region. Statistical concepts and methods employed in petroleum resource assessment are the subject of the manuscript, extensively illustrated by numerous real case studies. Prof. Lee's computer-aided Petroleum Information Management and Resource Evaluation System (PETRIMES) methodology has been adopted by governments around the world and by major multinational oil companies to perform resource assessment and to predict future oil and gas production. Though this methodology is so widely used, there is no "user's guide" to it, and this book will be the definitive resource for PETRIMES users.

scholarly journals Research on the internationalization strategy of Chinese state - owned oil companies in the Kazakhstan market

2020 ◽  
pp. 128-137
Author(s):  
U Shuan
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
World Market ◽  
Gas Industry ◽  
Oil Companies ◽  
Chinese Companies ◽  
Internationalization Strategy ◽  
The Subject ◽  
Chinese State ◽  
International Interaction

The article is devoted to the study of the activity of the People's Republic of China (China) in the world market. The purpose of this study is to study the international interaction of Chinese state-owned oil companies and identify the specifics of their behavior strategy in the Kazakhstan market. The subject of the research is the strategy of internationalization; the subject of the research is the Chinese state oil companies. As a methodology for this study, comparative analysis, the method of analysis and synthesis of information about the object of research, methods of analysis of statistical and expert data are used. Based on the research, the author concludes that expansion is used. Chinese state-owned oil companies strive to develop international cooperation, primarily based on historically established partnerships. The internationalization strategy prevailing in Chinese companies has its own characteristics depending on the partner country. Over twenty years, Chinese companies have confidently consolidated their positions in the oil and gas industry of Kazakhstan thanks to initial investments in the assets of Kazakhstani companies, in joint projects to develop new and modernize old fields, and to build new plants.

African oil and gas acreage push will hasten

2018 ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Oil Price ◽  
Short Term ◽  
Gas Industry ◽  
Content Type ◽  
Oil Companies ◽  
Service Companies ◽  
National Oil Companies ◽  
Public Expectations

Subject Increased African offshore exploration Significance Offshore West and Southern Africa is seeing a revival of exploration interest as the upstream oil and gas industry recovers following the 2014 oil price crash. Oil majors such as ExxonMobil and BP have snapped up acreage, while firms that already have a footprint in the region are expanding and announcing new drilling plans. The upsurge in activity will bring a short-term economic boost to the countries concerned but -- as with past waves of exploration -- public expectations of imminent windfalls will have to be carefully managed. Impacts Ports and service companies supporting exploration will see an upturn in activity. Pressure will grow on national oil companies and government bodies to improve expertise and infrastructure for future discoveries. Existing licence-holders will face pressure from regional governments to quickly pursue exploration or risk being replaced.

scholarly journals Analysis of tendencies of oil and gas engineering development

2020 ◽  
pp. 90-100
Author(s):  
O. V. Panevnyk ◽  
D. O. Panevnyk
Keyword(s):  
Oil And Gas ◽  
New Technologies ◽  
Spare Parts ◽  
Gas Production ◽  
Engineering Industry ◽  
Local Conditions ◽  
Oil Companies ◽  
Service Companies ◽  
Geological Conditions ◽  
Hydrocarbon Deposits

Based on the study of the dynamics of global costs for oilfield equipment, it was found that its production shows slow growth, the largest share of oil and gas machinery is in North America, and the largest segment of production belongs to the manufacture of equipment for collecting and transporting hydrocarbons and pipe products. In the process of analysis of the nomenclature and geography of production of machines, mechanisms, individual components and parts of drilling and oil and gas equipment, the inconsistency of the level of development of oil and gas engineering in Ukraine with the needs of the fuel and energy complex is shown. The required level of production of equipment and spare parts directly depends on the quality of maintenance of oil and gas machines, which with the development of new technologies for the development of hydrocarbon fields should increase. The main reasons for failures of oil and gas equipment are the lack of proper maintenance. Domestic oil companies are focused on the import of oil equipment, and a negative problem for the development of the domestic market of oil services is the reduction of their own production of oil and gas equipment. One of the most important competitive advantages of domestic service companies is a lower level of prices for services, as well as a deeper knowledge of the specifics and features of local conditions for the development of hydrocarbon deposits. An important aspect of the development of the service market is the transition to innovative technologies in the field of geological engineering and drilling. In accordance with the development trends of the world oil and gas engineering industry, the staffing requirements of service companies are increasing. Given the complexity of mining and geological conditions for the development of hydrocarbon deposits, the development of new technologies for oil and gas production requires increasing attention to training specialists who are aware of modern methods of design, operation and maintenance of oil and gas equipment.

Drilling and Service Contracts in Offshore Oil and Gas Operations

1973 ◽  
Vol 11 (3) ◽  
pp. 480
Author(s):  
J. M. Killey
Keyword(s):  
Oil And Gas ◽  
Oil Industry ◽  
Offshore Drilling ◽  
Oil Companies ◽  
Drilling Rig ◽  
Service Contracts ◽  
Oil And Gas Operations ◽  
Offshore Oil And Gas ◽  
Offshore Oil ◽  
Offshore Operations

As onshore oil and gas deposits are becoming more difficult to locate, and as the world demands for energy continue to increase at an alarming rate, oil companies are channeling much of their exploration activities towards offshore operations, and in particular, towards operations centered off Canada's coast lines. Because of the environment, offshore drilling presents problems which are novel to the onshore-geared oil industry. J. M. Killey discusses in detail many of the considerations involved in drafting the offshore drilling contract, concentrating on problems such as the liability of the various parties; costs; scheduling; pollution; conflict of laws; etc. Similarly, he discusses service contracts (such as supply boat charters; towing services; helicopter services; etc.^ which are necessity to the operation of an offshore drilling rig. To complement his paper, the author has included number of appendices which list the various considerations lawyer must keep in mind when drafting contracts for offshore operations.

GEOLOGICAL AND PHYSICAL CHARACTERISTICS OF PRODUCING FORMATIONS AND THEIR ROLE IN OCCURRENCE OF OIL, GAS AND WATER SHOWINGS

2015 ◽  
pp. 117-120
Author(s):  
D. M. Chudnovskii ◽  
V. A. Dolgushin ◽  
J. S. Popova
Keyword(s):  
Oil And Gas ◽  
Physical Characteristics ◽  
The Subject ◽  
Oil Gas

The subject of this study are geological and physical characteristics of productive strata in oil and gas deposits.

How Much Do U.S. State Governments Really Tax Oil and Gas Extraction?

2015 ◽  
Author(s):  
Jeremy Weber ◽  
Yongsheng Wang ◽  
Maxwell Chomas
Keyword(s):  
Oil And Gas ◽  
Gas Extraction ◽  
State Governments

Pipeline Politics in Iran, Turkey, and the South Caucasus

2017 ◽  
Author(s):  
Mahmood Monshipouri
Keyword(s):  
Local Governments ◽  
Oil And Gas ◽  
Complex Dynamics ◽  
The South ◽  
South Caucasus ◽  
The Caspian Sea ◽  
Economic Interests ◽  
Oil Companies ◽  
Caucasus Region ◽  
Territorial Conflicts

The relationship between Iran, Turkey and the South Caucasus states have been influenced by an array of geopolitical, strategic, cultural, and economic factors. The competition between Iran and Turkey and their roles in the South Caucasus are best defined by traditional balance-of-power relations and the broader context of the post-Soviet era. This chapter unpacks the complex dynamics of pipeline politics in the South Caucasus region by underlying the need to understand the “Great Power Game” involving geostrategic and geo-economic interests of local governments, regional actors, global powers, and international oil companies. The larger focus turns on underscoring the importance of the region’s large oil and gas reserves; its land connection between the Caspian Sea, South Caucasus, and Europe; and its long-standing territorial conflicts in the post-Soviet era. Iran and Turkey have fought for influence in the South Caucasus while maintaining relatively good bilateral relationships in the region.

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