Issue: December 1998

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Special Focus

Further industry mergers appear likely

Introduction

Low oil prices call for cautious, focused growth

Natural gas remains the bright spot

Next millennium's challenges require good people

Offshore drilling outlook still optimistic for longer term

Operators confront many challenges in face of low prices

The year ahead will be a tough one for the UKCS

World Oil's seven editorial advisors analyze industry's status and offer their opinions on how to deal with the tough challenges of next year
Features

Microseismic monitoring: Listen and see the reservoir
Part 1 - Minute earthquakes caused by reactions to fluid movement/ production can be used to image structures and flow conduits in reservoirs

New opportunities offered by downhole oil/ water separation
Pioneering development and testing by Texaco on downhole oil/ water separation and reinjection using the Dual Action Pumping System (DAPS)

Rotary liner drilling for depleted reservoirs
Part 2 – Review of field results, with further development on how the technology has progressed through experience gained in eight wells

TECHNOLOGY AT WORK: Five new techniques improve production/ drilling operations
Upgrading pumping unit performance * Concentric capillary tubing for injecting chemicals * Pressure-activated downhole sealant * Multi-shot, shut-in test tool * Movable submerged mud mixers.

Using pre-drill seismic and LWD data for safe, efficient drilling
With predicted earth stress monitored during drilling, plans may be modified to allow even severe wells to be carried to completion
Special Report

Marine Drilling Rigs '98/'99
Listings show owners/ manager, performance data, major equipment and rig-class photographs for each of the world's 620 mobile offshore drilling units * Introduction/ cover * Jackups * Semi-submersibles * Drillships and barges * Submersibles * Rig name
Departments

New equipment

New literature
Columns

Comment
Some end-of-year musings that will surely buoy your spirit for '99

Editorial Comment
Norway isn't as "green" as you think; API softens climate change rhetoric

International
IEA adjusts forecast in the wrong direction; CanOxy is "king" in Yemen

Oil and gas in Washington
Potential Constitution abuse; A few pluses for industry from Congress

What's happening in drilling
Some industry comments on soft oil prices; The era of mega mergers

What's happening in exploration
Licensing in Greenland; Key discoveries in Alaska, Australia, Africa

What's happening in production
New multi-purpose production logging tool; Studies on LNG supply/ demand

What's happening offshore
U.S. Gulf: FPSO use, well control, low '98 well counts, strong reserves
News & Resources

Companies in the news

Industry at a glance

Archive December 1998 Vol. 219 No. 12 Industry Stats  International Geophysical Activity Table International Offshore Rigs Table

Looking ahead

Oil country hot line

People in industry
Industry At A Glance

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