Source: News
SPE ATCE: Panel draws industry roadmap to 2040
Panelists at the opening general session of the Society of Petroleum Engineers’ Annual Technology Conference & Expo (ATCE) were asked to discuss how the oil and gas industry will meet energy demand that is expected to rise 32% by 2040. Source: News
Nelson-Farrar Quarterly Costimating: Indexes strengthen for nonmetallic building materials
The accompanying table shows changes in the Nelson-Farrar indexes over the 2012-14 period for selected, basically nonmetallic building materials. Source: News
SPE ATCE: Decision quality key to improving multicompany projects
Highlights of a draft technical report on the importance of decision quality in multicompany upstream projects was presented to the Society of Petroleum Engineers’ Annual Technology Conference & Expo (ATCE) in Houston. Source: News
AFPM Q&A – 3 Discussion turns to fluid catalytic cracking
This is the final of three articles that present selections from the 2014 American Fuel and Petrochemical Manufacturers Q&A and Technology Forum. Source: News
New method predicts bottom-water breakthrough time
Anhydrous production time increases with growing reservoir porosity. The relationship between porosity and the anhydrous time is linear. Source: News
Shell exits Arctic after 'disappointing exploration outcome'
Royal Dutch Shell PLC encountered oil and gas shows in its Burger J exploration well in Alaska’s Chukchi Sea, but the results weren’t “sufficient to warrant further exploration,” the company reported on Sept. 28. Source: News
MARKET WATCH: NYMEX oil prices for November drop below $45/bbl
Light, sweet crude oil prices for November delivery declined to settle back under $45/bbl on the New York market Oct. 1 while analysts and traders appeared focused on forecasting how far US oil production might fall, and how the Organization of Petroleum Exporting Countries will react. Source: News
Shell lets subsea contract for Stones project
Shell Offshore Inc. has let a contract to Technip SA for development of subsea infrastructure for the Stones project in the Walker Ridge area of the US Gulf of Mexico. Source: News
EPA sets new ground-level ozone limit at 70 ppb
The US Environmental Protection Agency announced that it will reduce allowable ground-level ozone limits to 70 ppb from the 75 ppb level it set in 2008. Oil and gas industry trade associations and other major business groups immediately said it went too far. Environmental and public health organizations claimed it did not go far enough. […]