Oil & Gas Financial Journal Articles, February 2008

Table of Contents

Editor's Comment

Energy industry feeling credit crunch

Many segments of the US economy have been forced to scale back their economic expectations for 2008 amid growing concerns about the lingering impact of the subprime mortgage crisis and the resulting credit crunch.

Capital Perspectives

Acquisitions are a good time to automate operations

In today’s dynamic energy exploitation industry, distinguishing large producers from small producers is not as straightforward as it once was.

NewsBits

Richels urges ‘workable energy policy’

Energy policy is a hot topic anytime, but especially in an election year. With this in mind, the IPAA and TIPRO chose John Richels, president of Devon Energy, as guest speaker at their monthly luncheon, Jan.

Upstream News

Chevron to develop Chuandongbei gas project, gives green light for Angola LNG project

Chevron Corp. is moving forward with various natural gas projects.

Cover Story

Dawson Geophysical helping clients reduce finding, development costs

EDITOR’S NOTE: Dawson Geophysical has been using ever-evolving technologies to help clients find oil and gas and combat production declines for 56 years.

Features

Petrobras America investing billions in Gulf of Mexico

In five years, analysts forecast that Petrobras America’s oil equivalent production will surge from the current 20,000 bpd to as much as 150,000 bpd.

ALTERNATIVE ENERGY, PART 2

Robust growth is forecast for wind energy and solar power, but improvements in technology, especially for solar, are needed to drive down manufacturing costs.

Operating costs blamed for drop in 3Q07 earnings

In what is starting to look like a bad trend, earnings for the OGJ200 group of companies fell for the fourth consecutive reporting period in the third quarter of 2007.

Industry Briefs

Chesapeake makes $1.1B sale to boost drilling

Chesapeake Energy Corp. has monetized a portion of its proved reserves and production in certain Chesapeake-operated producing assets in Kentucky and West Virginia.

Energy Players

Noble taps Williams chairman, CEO, president

Noble Corp.’s board of directors has named David W. Williams as chairman, CEO, and president.

Beyond the Well

Gustafson provides ‘three Ts’ to three worthy Houston organizations

Sten Gustafson serves as the managing director of the global energy group and global head of oilfield services at UBS.

This Issue

Volume 5
Issue 2
February 2008