Shutdowns and Turnarounds 2014 BHP, CNOOC, European majors among winners for Mexican deepwater blocks

The final phase of Mexico’s first oil and gas bid round featured the awarding of eight of 10 deepwater blocks in the Gulf of Mexico to a variety of global operators. But a busy Dec. 5 began with Petroleos Mexicanos SA’s first farmout to the private sector since the country began energy reform in 2013. ..

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New reservoir-quality index forecasts field well-productivity worldwide

Rafael Sandrea IPC Petroleum Consultants Inc. Tulsa Donald A. Goddard Liverpool Petroleum LLC Baton Rouge, La. Differences exist between two approaches to measuring field decline that could significantly affect appraisals. Field well-productivity performance is a more accurate measure than the industry practice of calculating decline rate based only on production...
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