scholarly journals Regulation of Well Spacing in Oil and Gas Production

1969 ◽  
pp. 357 ◽  
Author(s):  
Rowland Harrison

The common law did not enforce any particular pattern of spacing of wells on early drillers for oil and gas. The result was reduced production at greatly increased cost. The author traces the development of spacing legislation in the United States and Canada, particularly in Texas and Alberta, and summarizes the considerations which should determine the most profitable spacing policy for all parties concerned. After exploring the use of unitization in petroleum, production, it is concluded that compulsory unitization eliminates the need for spacing legislation as the objectives of such legislation will have already been achieved.

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Joost A. de Gouw ◽  
J. Pepijn Veefkind ◽  
Esther Roosenbrand ◽  
Barbara Dix ◽  
John C. Lin ◽  
...  

Subject Cuba's energy troubles. Significance With a previously generous Venezuela facing economic crisis and the United States tightening sanctions, Cuba’s ability to augment its limited domestic oil and gas production is severely constrained. It lacks the export earnings to invest in new technologies and power generating capacity that could ease its fuel supply problems. Russia and China have spoken of offering assistance, but neither is inclined to provide handouts in the absence of commercial returns. Impacts Cuba has tried to trade more with Algeria and Angola but remains vulnerable to international oil price shifts. As a major producer of both sugar and biofuels, Brazil could provide a model for Cuba’s biofuel plans. Cubans are resilient and accustomed to hardship; the country’s looming economic troubles are unlikely to trigger serious unrest.


2009 ◽  
Vol 49 (1) ◽  
pp. 183
Author(s):  
Les Coleman

This article has a simple research question: what determines the risks of oil producing companies listed in Australia and the United States, and are there any differences between their risk attitudes? A literature review is used to develop an integrated theory of company risk that is validated using a hand-collected database covering active oil and gas production companies in Australia and the United States. Risk in both countries proved to be a function of company risk propensity and risk management, which each had a small number of deep-seated drivers spread across company structure, governance and performance. These common risk-related features between companies in geographically remote countries point to the complexity of achieving portfolio diversification.


2020 ◽  
Vol 54 (6) ◽  
pp. 3510-3519 ◽  
Author(s):  
Bridget R. Scanlon ◽  
Svetlana Ikonnikova ◽  
Qian Yang ◽  
Robert C. Reedy

2020 ◽  
Author(s):  
Pieternel Levelt ◽  
Pepijn Veefkind ◽  
Esther Roosenbrand ◽  
John Lin ◽  
Jochen Landgraf ◽  
...  

<p>Production of oil and natural gas in North America is at an all-time high due to the development and use of horizontal drilling and hydraulic fracturing. Methane emissions associated with this industrial activity are a concern because of the contribution to climate radiative forcing. We present new measurements from the space-based TROPOspheric Monitoring Instrument (TROPOMI) launched in 2017 that show methane enhancements over production regions in the United States. Using methane and NO<sub>2</sub> column measurements from the new TROPOMI instrument, we show that emissions from oil and gas production in the Uintah and Permian Basins can be observed in the data from individual overpasses. This is a vast improvement over measurements from previous satellite instruments, which typically needed to be averaged over a year or more to quantify trends and regional enhancements in methane emissions. In the Uintah Basin in Utah, TROPOMI methane columns correlated with in-situ measurements, and the highest columns were observed over the deepest parts of the basin, consistent with the accumulation of emissions underneath inversions. In the Permian Basin in Texas and New Mexico, methane columns showed maxima over regions with the highest natural gas production and were correlated with nitrogen-dioxide columns at a ratio that is consistent with results from in-situ airborne measurements. The improved detail provided by TROPOMI will likely enable the timely monitoring from space of methane and NO2 emissions associated with regular oil and natural gas production.</p>


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