Deepwater Northwest Borneo Geohazards Catalogue: Impact on Hydrocarbon Exploration and Development

2018 ◽  
Author(s):  
K. Bong ◽  
F. Kamaruddin ◽  
S. Ismail
Keyword(s):  
Hydrocarbon Exploration ◽  
Exploration And Development

The history of hydrocarbon exploration and development in North Yorkshire

2018 ◽  
Vol 465 (1) ◽  
pp. 119-136 ◽  
Author(s):  
M. Q. Haarhoff ◽  
F. Hughes ◽  
M. Heath-Clarke ◽  
D. Harrison ◽  
C. Taylor ◽  
...  
Keyword(s):  
Hydrocarbon Exploration ◽  
History Of ◽  
Exploration And Development

RISING COSTS IN AUSTRALIAN HYDROCARBON EXPLORATION AND DEVELOPMENT

1978 ◽  
Vol 18 (1) ◽  
pp. 204
Author(s):  
D. McMinn
Keyword(s):  
Large Scale ◽  
Oil And Gas ◽  
Hydrocarbon Exploration ◽  
Upward Movement ◽  
Oil And Gas Producers ◽  
Project Construction ◽  
Key Factor ◽  
Retained Earnings ◽  
Equipment Costs ◽  
Exploration And Development

Rapidly rising costs have created operating and investment problems for companies involved in the Australian hydrocarbon resource industry. Expenditure in this area has declined markedly in constant dollar terms, an adverse trend given Australia's outlook for increasing reliance on imported crude oil in the 1980's.Costs in hydrocarbon exploration appear to have risen in excess of general inflation in the Australian economy. This situation may be attributed to the strong upward movement in wages and equipment costs, and in some cases, the low level of domestic exploration in the mid-1970's.Capital costs for hydrocarbon development and pipeline projects in Australia have also escalated, a trend caused by rising wage levels in project construction and increases in equipment costs. Additional factors such as design alterations, environmental considerations and labour disputes, can also add significantly to costs. Large scale hydrocarbon projects, which have long lead times, are susceptible to inflationary trends.Increasing amounts of funds are required for exploration and development as a result of the rising cost trend. However, difficulty is being experienced in raising funds through capital and equity markets, as well as retained earnings. A key factor in securing adequate funds is profitability, which is largely determined by the State and Federal Governments. For the smaller oil and gas producers, the past profitability record has been inadequate, although the improvement in recent years should continue because of higher oil and gas prices.Costs may be expected to continue to increase in hydrocarbon exploration and development, but probably at a lower rate than experienced in the mid- 1970's. The future viability of the hydrocarbon sector is dependent on a favourable investment environment and higher profitability to offset the considerable risks in exploration and escalation in costs.

100 Years of Oil and Gas Development: From the Marshes to Deepwater, Louisiana Has Played a Major Role in Water-Oriented Exploration and Development

2002 ◽  
Author(s):  
Donald W. Davis
Keyword(s):  
Gulf Of Mexico ◽  
Oil And Gas ◽  
100Th Anniversary ◽  
The State ◽  
Hydrocarbon Exploration ◽  
Oil And Gas Development ◽  
Energy Demands ◽  
Entrepreneurial Spirit ◽  
Water Depths ◽  
Exploration And Development

September, 2001 marked the 100th anniversary of the oil and gas business in Louisiana. Consequently, hydrocarbon exploration and development has been a vital part of Louisiana’s economy for over a century. In the latter part of the 1980s, the industry was considered dead or dying. Exploration and development had declined throughout the state. In the 1990s Louisiana’s industry was reborn in the deepwater of the northern Gulf of Mexico—a region that holds enormous potential in water depths that create unique exploration, development and production challenges. As technology changed, or was developed to meet the industry’s needs, new frontiers were explored. There was a pioneering entrepreneurial spirit that pushed the limits. Today, the frontier continues to expand and Louisiana is the beneficiary of this activity. One hundred years after the first discovery well in Louisiana, more than 250,000 oil and/or gas wells have been drilled in the state. In addition, over 4,000 structures are anchored parallel to its coast in water depths approaching two miles (3.2 km). From the uplands, to the swamps and marshes and into the deepwater of the Gulf of Mexico, Louisiana has been a leader in helping meet the Nation’s energy demands.

INDUSTRIAL RELATIONS — AN IMPORTANT ASPECT OF HYDROCARBON EXPLORATION AND DEVELOPMENT IN AUSTRALIA

1979 ◽  
Vol 19 (1) ◽  
pp. 214
Author(s):  
D.H. Young
Keyword(s):  
Recent Trend ◽  
Industrial Relations ◽  
Hydrocarbon Exploration ◽  
State Governments ◽  
Wage Rates ◽  
Division Of Powers ◽  
Compulsory Arbitration ◽  
Special Circumstances ◽  
Conditions Of Employment ◽  
Exploration And Development

The unique Australian system of controlling industrial relations matters was created in the early 1900's against a background of disastrous national strikes in the 1890's and during the formation of the Commonwealth of Australia.The Australian Constitution was framed to include specific powers to protect the country and the general public from the consequences of industrial disputes between employers and employees by requiring conciliation processes to be followed and, if they failed, for compulsory arbitration of the dispute.The division of powers between the Commonwealth and State Governments causes complications and inconsistencies and has highlighted the intrusion of political considerations into industrial relations problems.The Commonwealth and most State Governments have created systems based on registered organisations of employers and employees. Registration is intended to create rights and obligations and to result in responsible bodies being subject to the enforcement procedures of the arbitration tribunals. Registration also delineates the scope of membership coverage and the industries in which the registered bodies may operate. In theory, there should be no overlapping of registered constitutions and therefore no demarcation or "jurisdictional" type disputes. A major problem has been created by registration based on crafts or occupations instead of on an industry basis. This has resulted in up to 15 or more unions having members in, even, medium sized establishments.The recent trend has been towards amalgamations of employer and employee organisations and the formation of "peak" employer and employee councils-the CAI and the ACTU. The activities of these Councils is leading to a centralised system of wage fixation and towards common standards of conditions of employment with deviations only to meet special circumstances. This tends to cause any change in wage rates or conditions of employment in any one area to "flow" into other areas and industries on a "comparative wage justice" basis.The expansion of onshore exploration and development of the hydrocarbons industry into offshore areas has resulted in more unions becoming involved in the industry, with inconsistencies between land based and maritime unions in approaches to construction and production work.Much work will be required by employers and their organisations within the hydrocarbons industry to overcome the industrial relations difficulties that will arise at interfaces between them and other well established industries.

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