GLG News by Oil and Gas Industry Experts (Gulf of Mexico)

Every part of this article is accurate. I agree with every part of it save for two key points: 1. Our politicians are not at all like those that met the challenges of WW I and most especially WW II. 2. Our society has changed dramatically from that period as well and is so polarized on these critical...

Ian Austen in Ottawa reported in the July 15 issue of the International Herald Tribune that Royal Dutch Shell plans to acquire Duvernay Oil for $5.9 billion (Canadian), a 36% premium over recent share prices. Duvernay is a natural gas company with holdings in Western Canada. A specific region of interest...

Manmath N. Panda, James A. Dean, Tami Wheeler and Jeff Pietras, all associated with development of the Prudhoe Bay field in Alaska reported in the July 14 issue of the Oil & Gas Journal about placing the Put River reservoir on production. In late 2006, the southern lobe of the Putuligayuk (PUT)...

Leaving out the political aspects of this issue is difficult but doable as long as the readers understand that politics have a lot to do with issues like this. Unilateral and coordinated planning can avert many of the issues the author of this source article presents. Technological advances in seeds...

Production Editor Guntis Moritis reported in the July 7 issue of the Oil & Gas Journal that bitumen production from Alberta will double to 3.23 million bbl/day in 2017 from 1.32 million in 2007. The energy Resources Conservation Board of Alberta said in its recent update that it had increased by...

The statements made by OPEC president El-Badri are intended not for enlightenment to any observer. Not too many people on the planet are unaware of what effect military action in the region would have on the global economy, especially in the West. They are a clear attempt by the cartel (and several...

Policies in crude producing countries are equally as important and unfortunately, failed, as those of the importing countries. Deepening social issues in OPEC member nations carry added risks to importing nations that are not being understood well enough to adequately gauge their potential impact to...

A Reuters report in the July 7 issue of the International Herald Tribune noted that the government of South Korea has initiated a plan to restrict the use of vehicles owned by public organizations. The move is part of a contingency plan to combat high transportation fuel costs. Prime Minister Han Seung...

James Kanter in Vienna reported in the July 11issue of the International Herald Tribune that the head of OPEC warned that military conflict with Iran would cause an unlimited increase in the price of crude oil. Other OPEC members would be unable to make up the loss of Iran’s production of about 4 million...

Dialogue is always good. Positives can usually be found, especially when interests are shared and capabilities are synergistic. The G-8 countries have most of the tools and especially the commonality of interests to produce positive and responsible results to any of the issues they face in common. The...