PennEnergy's Top Oil & Gas News

Top Oil & Gas News PennEnergy Video News Update From Iceland's new offshore licenses, to the natural gas output in the U.S.., to Turkey's possible LNG partner, all of the week's biggest headlines are in the PennEnergy Video News Update. Full Article Share: Interior launches probe into Shell arctic drilling operations Secretary of the Interior Ken Salazar announces an assessment of the 2012 offshore drilling program in the Beaufort and Chukchi Seas, with special attention paid to challenges encountered by Royal Dutch Shell. Full Article Share: This Week's Most Popular Oil & Gas News • Natural gas output rose in 2012 • Turkey negotiating contract with Qatar for LNG terminal • Iceland issues offshore oil licenses • Aker Solutions boosts Canada oil and gas presence • Williams Partners seeks to expand natural gas service to New York City • PSA Norway announces regulatory changes • Harvest Natural Resources announces another oil discovery offshore Gabon • Hess cuts capital, exploratory budget 18 percent to $6.8B • Rumaila Oil Field: Improving Operation Safety in Iraq • Statoil, partners advance Aasta Hansteen gas field development • Repsol begins production from one of Brazil's largest oil fields • Endeavour announces mobilization of Transocean Prospect to Rochelle Field Energy Insights The Black Swan Blog: The Panama Canal, Apollo 11, ISS... Energy Storage Innovation comes in all shapes and sizes. Fortunes have been made (and sometimes lost) on devices as simple as a new type of vegetable chopper (“the Slap Chop”) or as complex as a self-balancing people mover (“the Segway”). Full Article Share: Oil & Gas Jobs Gas Process Engineer - Provides expert advice and assistance on operating problems relating to area of expertise. - Specifies design criteria and relevant operating parameters for development of new projects within area of expertise. - Participates in project technical reviews and reviews proposals for new or changed operating procedures on area of expertise to ensure efficient and economic operations. - Conducts economic studies on cost analysis as appropriate to resolve alternative causes of action relative to area of expertise. - Acts as Task Force Leader as assigned to solve special problems in area of expertise. - Originates ideas for improvements, develops a basis for required field testing and Management review, analyses results and recommends new or changed procedures and/or facilities. Share: Corrosion Engineer - Pipeline and facility external corrosion control, - Facilities and pipelines cathodic protection design, - External corrosion field surveys, cathodic protection monitoring and troubleshooting, - Pipeline Coatings, and pipeline coating inspection, - Pipeline HVAC induced interference, - In-line inspection hardware and software, - Data collection, management, alignment, and integration - Degradation mechanisms and their control - Repair technologies, - Risk management. Share: More PennEnergy Oil & Gas Positions • Pipeline Hydraulics and Simulation Engineering Specialist • Exploitation Specialist- Heavy Oil EOR • Implementation Engineer • Customer Engineer • Construction Manager Oil & Gas Research Worldwide Refinery Survey and Complexity Analysis 2013 The Worldwide Refinery Survey and Complexity Analysis combines the 2013 Worldwide Refinery Survey with the Nelson Refinery Complexity Index. The Index provides insight into such things as refinery construction costs, replacement value, conversion capability and product slate. The Bottom of Barrel Index is also included. The BoB index provides a means of quantifying and characterizing a refinery’s ability to process heavy crudes and produce premium refined products. It represents the combined capacity of a refineries Coking, Catalytic Cracking and Hydrocracking units relative to Distillation Capacity (expressed as a percentage). US average BoB Index is 55% (1/1/2011) Rest of the World average is 21% (excluding the US). Total World average is 28%. Share: Evaluating Production Potential of Mature US Oil, Gas Shale Plays An in-depth analysis was made of the production performance of the Barnett and Fayetteville shale gas plays, and of the Elm Coulee field that produces from the tight oil Bakken formation. These are the only existing mature fields of shale gas and tight oil resource plays and the object was to establish field performance values of key parameters such as recoverable oil and gas, and recovery efficiencies; and, ultimately, to develop algorithms that can provide a reliable estimate of production potential. This latter parameter is fundamental to the planning of production and take-away infrastructure, and finally determines the value of the asset. Share: More Research & Data • US Pipeline Economics Study 2012 • Haynesville Drilling and Production Update 2012 • Knowing When to Quit: Timing Petroleum Field Abandonment Decisions to Optimize Net Present Value • Louisiana Drilling and Production Activity Review • OGJ Guide to Export Crudes - Crude Oil Assays Survey