Issue: May 2016
Special Focus
Part 1—In this first of two monthly reports, the authors highlight innovations in beam/rod pumping, linear lift units, hydraulic piston pumps, hydraulic jet pumps, and more.
Features
This comprehensive report reviews the problems and solutions for seawater injection projects, as well as their geographic distribution. Some candidates for industry best practices on this subject are suggested.
Using proppant-sized solid inhibitors and a proactive chemical treatment plan, operators can minimize health, safety and environmental exposure, as well as mitigate the cost of remediation and loss of production.
Advances in technology are enabling the discovery of, and access to, offshore hydrocarbon reserves previously thought uneconomical. However, many viable-but-challenging projects are put on hold because of uncertainties about their feasibility, high start-up costs, and long lead times. To solve these problems, several holistic subsea processing systems have been created to enhance field economics.
Best bet in a field of also-rans
Calgary’s Global Petroleum Show to help industry professionals cope with market
Despite the industry downturn, regionwide potential drives E&P forward
Columns
A new day for you, a new day for us
Slow improvement appears in offing for balance of 2016
Bugs!
Exploration therapy: Admit who you are, and be prepared for stares
Future clear, but pathway cluttered
I, Robot
An essential offshore technology
An interview with KrisEnergy on the state of Southeast Asia’s E&P sector
Enhancing customer value through global strategies and employee engagement
Dr. Robello Samuel: Thinking inside the box, to get outside the box
Storing up trouble
News & Resources
World of oil and gas
Industry at a glance
People in the industry
Companies in the news
New products and services
World Oil's 100-Year Anniversary
As the 1980s got underway, the future was looking bright for the upstream industry.
The face of the oil and gas industry has changed markedly since the 1980s and 1990s, but two themes remain remarkably consistent—boom and bust.
In a move that provoked international condemnation and sent crude on an upward trajectory, Saddam Hussein’s Iraq invaded neighboring Kuwait on Aug. 2, 1990.
As well as playing host to two major industry downturns, the period between 1986 and 2000 also saw the upstream industry contend with a number of challenges and also achieve remarkable feats.
On Jan. 6, 2000, two private investment partners—venture capital firm Battery Ventures and Houston-based investment firm SCF Partners—announced the acquisition of World Oil’s parent company, Gulf Publishing Company (GPC), for $20 million.
In November 1992, after a print run lasting a little over 26 years, GPC published its last issue of Ocean Industry.
The era of easy oil may have come to an end, but, as the century drew to a close, explorers made a number of elephantine discoveries around the globe.
The years between 1986 and 2000 saw major changes to the structure of the upstream industry, with a wave of mega-mergers and the emergence of some of today’s best known independents.
