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Magazine - January 2001

During the circa-1980 boom, the oil and gas industry and its followers believed the sky was the limit for commodity


FEATURES
MEET THE FUEL CELL

Fuel cells. Are they really viable? More importantly, what do they mean to the oil and gas producer? The two, small ...

NOT YOUR PARENTS' ENERGY CRISIS

As the U.S. economy was showing signs of a slow-down toward the end of 2000, unclear is whether more than ...

TECHNOLOGY TALES

Year: 2020. Place: Houston. 5 a.m. The screeching alarm clock ripped John out of a peaceful sleep. It was Monday ...

THE FUTURE OF THE U.S. INDEPENDENT

Independents have always been more optimistic than any other breed of American business owner. The $1-million roll of the dice ...

LOWELL'S FOCUS

Twenty-one years ago, while I was freelancing and shooting photo assignments for National Geographic, a Denver friend and energy publisher, ...

POGO ADDS MORE GAS

Pogo Producing Co. will increase its exposure to North American natural gas significantly upon acquiring Noric Corp. , the ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
20 YEARS AND COUNTING

When this magazine was founded 20 years ago, business was booming and there was nothing else like it in the ...

COMPLETIONS
WRONG-SIZING

Gather your technical personnel! The majors are coming. The majors may begin targeting independent oils in the next few years, ...

TRENDS AND ANALYSIS
The State of the Majors

Need they say more? Deutsche Banc Alex. Brown's oil industry analysts have put some telling titles on their assessments of ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST

Charles T. Evans Trust , Nashville, Ill., has staked a 4,500-ft. wildcat in St. Clair County, Ill., reports IHS Energy ...

GULF COAST

1 A discovery completed by Camden Resources , Dallas, in Duval County, Texas, flowed 2.757 million cu. ft. of gas, ...

MIDCONTINENT & PERMIAN BASIN

1 Anadarko Petroleum Corp. , Houston, gauged a flow of 10.5 million cu. ft. of gas and 45 bbl. of ...

WESTERN U.S.

1 Foreland Corp. , Lakewood, Colo., is waiting on a rig to resume drilling after having set conductor pipe with ...

INTERNATIONAL HIGHLIGHTS

Oil and gas companies pledged to spend more than C$191 million on work commitments on all eight tracts offered in ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments CNOOC Ltd. NYSE: CEO Beijing US$1.8 billion Has refiled a registration statement ...

COMPANY BRIEFS
International briefs...

• Nuevo Energy Co., Houston has transferred, for undisclosed consideration, a 25% participating interest in its Accra-Keta Permit offshore ...

E-commerce briefs...

• GE Capital , Stamford, Conn., has launched an Internet portal featuring financial products, services, research and information geared for ...

Canadian briefs...

• Omers Resources Ltd. and Superman Resources Inc. have acquired a 47% interest in Alberta oil and gas ...

Additional briefs...

• Pogo Producing Co. will increase its exposure to North American natural gas significantly upon acquiring Noric Corp., ...

Apache to add Phillips assets to Canadian portfolio

Apache Corp. (NYSE: APA) plans to acquire western Canadian properties with proved reserves of 72 million BOE (approximately 59% ...

Plains Resources may disconnect from pipeline

The upstream and midstream business segments of Houston-based Plains Resources Inc. (Amex: PLX) may be separated, to help the ...

Marathon restructuring may extend to its stock

Pittsburgh-based USX Corp. may spin off or sell its USX-Marathon Oil Group (NYSE: MRO) business, or restructure its ...

ON THE MONEY
WATER, WATER, EVERYWHERE

No question, the Powder River Basin's mixed-grass prairie holds its own beauty. A few hardy ranching families, widely spaced pumpjacks, ...

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