November, 2001
As of this quarter, the Regional Review will be changing its look,
content, and format. We are putting the newsletter on a quarterly
update, and will have the PRRC's review newsletter as part of this
quarterly report. We no longer have the Permian and San Juan Reports,
but we still plan on having reports of well activity, prices, and
rig activity. The format is still in development, but this month
you can view our new well activity report.
We will also be carrying the PRRC's
semiannual newsletter here as a way to provide more information to
our users about what is going on at the Petroleum Recovery Research
Center.
News Briefs
DOE Makes Three More Independents Awards
The DOE Technology Development Independents Program has provided
matching grants to small independents (less than 50 employees) to
apply innovative approaches which lower operating costs and extend
field life.
Benson-Montin-Greer (BMG) Drilling Corporation will use new
artificial intelligence and neural network technology to evaluate
Mesa Verde recompletion opportunities.
American Energies Corporation will design and implement a
waterflood in South Central Kansas. They will demonstrate how
cost effective inexpensive software tools can be used in reservoir
characterization and operation.
Beard Oil will install and test low volume submersible pumps and
compare their performance with conventional rod-pumped wells.
For more information visit the NPTO
web site or contact Jim
Barnes
Devon-Anderson deal
The agreement on August 14th to buy Houston-based Mitchell Energy
and Development Corp. for $3.5 billion made Devon Energy the second
largest independent gas producer in the US. On September 4, 2001
Devon Energy Corp. acquired Calgary-based Anderson Exploration Ltd.
for $4.6 billion. This deal made Devon the largest Independent
producer of oil and natural gas in North America. For more
information, visit the press
release by Devon Energy for Yahoo Finance.
New Coalbed Methane Manual Available
The manual builds upon prior PTTC efforts and Dwayne McCune's
experience as a coalbed methane consultant. Some of the key
sections are: properties of coal, the occurrence of natural gas in
coal, reservoir engineering characteristics of coalbed methane
production, completing and equipping methane wells, and developing and
managing the coalbed methane prospect. If you have questions or
would like to purchase a copy of this manual, contact Dwane
McCune.
National Labs to Strengthen Natural Gas Pipelines' Integrity,
Reliability
The Department of Energy is funding 10 research projects at eight
of the National Labs to develop innovative technologies that establish
a framework for future natural gas transmission and distribution
systems. Total funding for the projects approaches $3 million.
For more information on these projects go to the Fossil
Energy Techline site. |
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