drilling activities at Vermilion.”
The company said it will next move
the Ensco 99 rig to Grand Isle to con-
duct two recompletions before being
mobilized to the West Delta 30 field
late this fiscal year to begin a multiwell
Brenham Oil & Gas Inc. has purchased
100% working interest and 74% net
revenue interest in the 332-acre Inez
field prospect in Victoria County, Tex.
The company intends to sidetrack
or drill a well to regain production
the Yegua, where the well was initially
completed in 1990 by Ken Petroleum
Corp. at 8,498-8,510 ft, flowing 2.6
MMcfd on a 8⁄64-in. choke.
Reserves per well from the Yegua
are estimated at 4 bcf of gas and
160,000 bbl of condensate. Brenham
said it can drill 3-4 wells on the lease.
Stuart Petroleum Testers that year
performed a full-scale separator test,
and determined that the Roberts well
had a potential of 9 MMcfd and 65.14
bbl of 48° API gravity condensate during the 4-point test. The well later encountered mechanical problems and
has since been shut-in.
Brenham’s secondary objective is
the over-pressured Jackson shale interval from 6,000-8,000 ft, which tested
gas from a 40-ft perforated interval.
In the new well to be drilled in the
Yegua, the company plans to core several intervals in the Jackson shale to
conduct a petrophysical study.
The company is in the process of
obtaining an independent reserve report on its Gillock field interest as it
plans to seek financing for a two-well
development program this year.
with sail away of the topsides planned
for second-quarter 2014. Progress also
continues at APLNG as completion
The company in Indonesia completed an acquisition to obtain op-eratorship and 100% interest in the
Offshore Australia, appraisal drilling continues at Poseidon. Preparations are under way for additional
2014 deepwater drilling programs in
Angola, Australia, Gulf of Mexico, and
In other areas around the world,
production from continuing operations was 6,000 boe/d in the fourth
quarter, a decrease of 44,000 boe/d
compared with the same period in
2012, reflecting Libya curtailment.
Libya production remains shut-in as
a result of the Es Sider Terminal shutdown. During the fourth quarter, the
company sold its interests in Kashagan
and the Algeria business.
Operations related to Kashagan, Algeria and Nigeria have been reported
as discontinued operations.
Preliminary yearend 2013 proved
reserves are 8. 9 billion boe, 3% higher
Proved organic reserve additions
are expected at 1.1 billion boe, an
organic reserve replacement ratio of
179% of 2013 production.
Gulf of Mexico
Energy XXI, Houston, reported that it
will plug and abandon its Merlin well
on Vermilion Block 179 in the Gulf of
Merlin, which was drilled to 19,915
ft MD ( 15,700 ft TVD), “did not en-
counter commercial hydrocarbons.”
Energy XXI, Merlin operator, was
targeting multiple oil and gas sands
trapped against a salt dome with the
well (OGJ Online, Oct. 23, 2013).
Energy XXI said it is now “
analyzing the well data to determine future
is wrong approach
to climate change
by Bob Tippee, Editor
Refusal by global-warming activists to ad-
dress core issues has gone from tiresome
to annoying. President Barack Obama com-
mitted the dodge in his State of the Union
address on Jan. 28 when he declared,
“Climate change is a fact.”
Well, who says it’s not?
The climate changes. Everyone knows
that. Globally averaged temperature is
higher now than it was at the start of the
Industrial Age, when human emissions
of carbon dioxide began an increase still
under way. Everyone knows that, too.
Yet activists disparage discussion beyond those points as denial of the evident.
They turn the issue into a moral conflict
between believers and deniers. They
proceed from confessions of faith—Global
warming is real!—to propositions for open-ended increases in energy costs to limit
combustion of hydrocarbons.
The president, after affirming that
climate changes, said, “And when our
children’s children look us in the eye and
ask if we did all we could to leave them a
safer, more stable world, with new sources
of energy, I want us to be able to say yes,
Actually, the grandkids might regret
all-we-could environmental regulation and
its inescapable legacy of higher-than-
necessary energy costs.
A supremely important question about
climate is the degree to which greenhouse gases of human origin contribute to
observed warming. The answer indicates
the extent to which people can mitigate
warming by lowering GHG emissions.
That answer remains stupendously
unclear. Recent temperature observations
tend to invalidate theories based on assumptions of strong human influence. The
theory needs adjustment. More needs to
be learned about how the climate works.
Obama and the environmental activists
who back him ignore too much when they
leap from uncontroversial assertions about
the fact of climate change to costly proposals for restructuring energy use. They
either don’t know the scientific questions
that still lack answers or ignore questions
to evade resistance to their agenda.
Either way, the plunge-ahead approach deserves suspicion. Climate policy
deserves more-sophisticated debate than it
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