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General Interest Senate Committee Ponders Risks, Benefits of LNG Exports
General Interest Senate Committee Ponders Risks, Benefits of LNG Exports
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111121OGJ_28 28 11/17/11 1:11 PM
STATISTICS
Oil & Gas Journal | Nov. 21, 2011 29
Additional analysis of market trends is available
through OGJ Online, Oil & Gas Journals electronic
information source, at http://www.ogj.com.
OGJ CRACK SPREAD
11-11-11* 11-12-10* Change Change,
$/bbl %
SPOT PRICES
Product value 121.23 97.20 24.03 24.7
Brent crude 114.79 87.90 26.89 30.6
Crack spread 6.44 9.30 2.85 30.7
FUTURES MARKET PRICES
One month
Product value 119.74 96.11 23.63 24.6
Light sweet
crude 96.97 86.86 10.11 11.6
Crack spread 22.77 9.25 13.52 146.1
Six month
Product value 121.80 99.95 21.85 21.9
Light sweet
crude 96.49 88.95 7.54 8.5
Crack spread 25.30 11.00 14.30 130.0
*Average for week ending.
Source: Oil & Gas Journal
Data available at PennEnergy Research Center.
PURVIN & GERTZ LNG NETBACKSNOV. 11, 2011
Liquefaction plant
Receiving Algeria Malaysia Nigeria Austr. NW Shelf Qatar Trinidad
terminal $/MMbtu
Barcelona 11.95 9.58 11.15 9.46 10.34 11.06
Everett 2.90 0.54 2.47 0.62 1.15 3.22
Isle of Grain 9.45 6.78 8.63 6.68 7.50 8.66
Lake Charles 0.95 1.15 0.68 0.94 0.70 1.65
Sodegaura 8.24 10.97 8.45 10.60 9.67 7.32
Zeebrugge 10.56 7.82 9.70 7.70 8.59 9.79
Denitions, see OGJ Apr. 9, 2007, p. 57.
Source: Purvin & Gertz Inc.
Data available at PennEnergy Research Center.
CRUDE AND PRODUCT STOCKS
Motor gasoline
Blending Jet fuel, Fuel oils Propane-
Crude oil Total comp.
1
kerosine Distillate Residual propylene
District 1,000 bbl
PADD 1 ..................................... 9,991 51,101 42,459 11,010 56,367 11,758 6,454
PADD 2 ..................................... 92,186 47,059 26,436 8,827 24,356 1,388 25,444
PADD 3 ..................................... 163,986 71,743 55,495 14,672 41,448 18,345 26,130
PADD 4 ..................................... 16,406 6,211 2,069 670 2,547 195
1
2,222
PADD 5 ..................................... 55,521 28,053 24,197 9,465 11,151 4,462
Nov. 4, 2011 ............................ 338,090 204,167 150,656 44,644 135,869 36,148 60,250
Oct. 28, 2011 ............................ 339,461 206,275 150,970 45,759 141,888 36,263 60,263
Nov. 5, 2010
2
............................. 364,883 210,336 140,889 45,939 159,902 40,402 63,833
1
Includes PADD 5.
2
Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
REFINERY REPORTNOV. 4, 2011
REFINERY REFINERY OUTPUT
OPERATIONS Total
Gross Crude oil motor Jet fuel, Fuel oils Propane-
inputs inputs gasoline kerosine Distillate Residual propylene
District 1,000 b/d 1,000 b/d
PADD 1 .............................................. 1,178 1,197 2,743 57 358 58 69
PADD 2 .............................................. 3,227 3,208 2,000 220 925 59 260
PADD 3 .............................................. 7,396 7,247 2,139 661 2,379 277 745
PADD 4 .............................................. 558 554 292 26 176 10
1
105
PADD 5 .............................................. 2,288 2,128 1,525 364 474 103
Nov. 4, 2011 ....................................... 14,647 14,334 8,699 1,328 4,312 507 1,179
Oct. 28, 2011 ...................................... 15,124 14,693 9,068 1,382 4,653 573 1,155
Nov. 5, 2010
2
...................................... 14,505 14,058 9,021 1,338 4,242 464 1,004
17,736Operable capacity 82.6%utilization rate
1
Includes PADD 5.
2
Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
IMPORTS OF CRUDE AND PRODUCTS
Districts 1-4 District 5 Total US
11-4 10-28
11-4 10-28
11-4 10-28
11-5*
2011 2011 2011 2011 2011 2011 2010
1,000 b/d
Total motor gasoline ............. 710 781 40 0 750 781 802
Mo. gas. blending comp. ..... 574 752 40 0 614 752 711
Distillate ............................... 102 122 0 0 102 122 179
Residual .............................. 216 261 8 127 224 388 336
Jet fuel-kerosine .................. 32 11 85 21 117 32 53
Propane-propylene .............. 95 71 (23) (13) 72 58 56
Other ................................... (42) 128 182 30 140 158 229
Total products ...................... 1,687 2,126 332 165 2,019 2,291 2,366
Total crude ........................... 7,431 7,957 1,188 998 8,619 8,955 8,089
Total imports ........................ 9,118 10,083 1,520 1,163 10,638 11,246 10,455
*Revised.
Source: US Energy Information Administration
Data available at PennEnergy Research Center.
111121OGJ_29 29 11/17/11 1:06 PM
STATISTICS
30 Oil & Gas Journal | Nov. 21, 2011
OGJ GASOLINE PRICES
Price Pump Pump
ex tax price* price
11-9-11 11-9-11 11-10-10
/gal
(Approx. prices for self-service unleaded gasoline)
Atlanta .......................... 296.6 344.2 275.4
Baltimore ...................... 303.3 345.2 279.4
Boston ........................... 302.3 344.2 274.4
Buffalo .......................... 272.6 341.7 288.0
Miami ............................ 292.2 345.0 290.1
Newark .......................... 303.8 336.7 283.1
New York........................ 286.6 355.7 296.7
Norfolk........................... 288.1 326.7 273.4
Philadelphia .................. 294.0 344.7 277.4
Pittsburgh ..................... 285.5 336.2 287.7
Wash., DC ...................... 303.3 345.2 290.1
PAD I avg .................. 293.5 342.3 283.2
Chicago ......................... 326.1 395.1 319.4
Cleveland ...................... 284.4 330.8 283.3
Des Moines .................... 295.4 335.8 284.3
Detroit ........................... 274.7 336.8 293.7
Indianapolis .................. 272.5 334.5 295.7
Kansas City ................... 285.1 320.8 274.8
Louisville ....................... 294.9 335.8 283.4
Memphis ....................... 296.3 336.1 284.4
Milwaukee ..................... 287.5 338.8 288.4
Minn.-St. Paul ............... 299.5 345.1 289.8
Oklahoma City ............... 282.4 317.8 267.6
Omaha .......................... 280.1 325.8 278.8
St. Louis ........................ 290.1 325.8 280.0
Tulsa ............................. 288.4 323.8 271.6
Wichita .......................... 281.7 325.1 282.7
PAD II avg ................. 289.3 335.2 285.2
Albuquerque .................. 285.9 323.1 266.6
Birmingham .................. 286.9 326.2 269.0
Dallas-Fort Worth .......... 272.7 311.1 268.3
Houston ......................... 276.7 315.1 267.0
Little Rock ..................... 290.9 331.1 270.6
New Orleans .................. 285.7 324.1 267.7
San Antonio ................... 284.7 323.1 271.7
PAD III avg ................ 283.4 322.0 268.7
Cheyenne....................... 304.0 336.4 273.4
Denver ........................... 308.2 348.6 281.9
Salt Lake City ................ 305.2 348.1 285.4
PAD IV avg ................ 305.8 344.4 280.2
Los Angeles ................... 322.5 391.4 306.0
Phoenix.......................... 313.4 350.8 286.0
Portland ........................ 331.0 380.4 295.0
San Diego ...................... 303.0 371.9 317.0
San Francisco................ 333.5 402.4 326.0
Seattle........................... 316.0 371.9 312.0
PAD V avg ................. 319.9 378.1 307.0
Weeks avg. .................. 295.0 341.7 284.7
Oct. avg. ....................... 296.4 343.1 279.6
Sept. avg....................... 313.3 360.0 269.6
2011 to date ................. 307.9 353.7
2010 to date ................. 229.9 274.8
*
Includes state and federal motor fuel taxes and state
sales tax. Local governments may impose additional taxes.
Source: Oil & Gas Journal.
Data available at PennEnergy Research Center.
US CRUDE PRICES
11-11-11
$/bbl*
Alaska-North Slope 27 ......................................... 108.88
South Louisiana Sweet .......................................... 125.00
California-Midway Sunset 13 .............................. 117.35
Lost Hills 30 ........................................................ 124.60
Wyoming Sweet ..................................................... 92.49
East Texas Sweet ................................................... 99.00
West Texas Sour 34 .............................................. 90.50
West Texas Intermediate ........................................ 95.50
Oklahoma Sweet.................................................... 95.50
Texas Upper Gulf Coast ......................................... 88.50
Michigan Sour ....................................................... 87.50
Kansas Common ................................................... 94.50
North Dakota Sweet ............................................... 89.00
*Current major reners posted prices except North Slope lags
2 months. 40 gravity crude unless differing gravity is shown.
Source: Oil & Gas Journal.
Data available at PennEnergy Research Center.
REFINED PRODUCT PRICES
11-4-11 11-4-11
/gal /gal
Spot market product prices
Motor gasoline
(Conventional-regular)
New York Harbor ......... 273.80
Gulf Coast .................. 266.80
Motor gasoline
(RBOB-regular)
New York Harbor ......... 299.80
No. 2 heating oil
New York Harbor ......... 306.70
No. 2 Distillate
Low sulfur diesel fuel
New York Harbor ......... 312.10
Gulf Coast .................. 307.70
Los Angeles ................ 345.50
Kerosine jet fuel
Gulf Coast .................. 306.70
Propane
Mt. Belvieu ................. 144.00
Source: DOE Weekly Petroleum Status Report.
Data available at PennEnergy Research Center.
WORLD CRUDE PRICES
$/bbl
1
11-4-11
United Kingdom-Brent 38 ..................................... 109.22
Russia-Urals 32 ................................................... 108.85
Saudi Light 34 ...................................................... 108.06
Dubai Fateh 32 ..................................................... 106.13
Algeria Saharan 44............................................... 110.30
Nigeria-Bonny Light 37 ........................................ 111.34
Indonesia-Minas 34.............................................. 114.66
Venezuela-Tia Juana Light 31 ............................... 108.74
Mexico-Isthmus 33 ............................................... 108.63
-
OPEC basket........................................................... 108.91
-
Total OPEC
2
............................................................ 108.39
Total non-OPEC
2
..................................................... 107.24
Total world
2
............................................................ 107.92
US imports
3
104.35
1
Estimated contract prices.
2
Average price (FOB) weighted by
estimated export volume.
3
Average price (FOB) weighted by
estimated import volume.
Source: DOE Weekly Petroleum Status Report.
Data available at PennEnergy Research Center.
BAKER HUGHES RIG COUNT
11-11-11 11-12-10
Alabama............................................ 6 7
Alaska ............................................... 8 8
Arkansas ........................................... 35 35
California .......................................... 46 36
Land................................................ 46 36
Offshore .......................................... 0 0
Colorado ............................................ 79 67
Florida ............................................... 1 1
Illinois ............................................... 1 2
Indiana.............................................. 1 3
Kansas .............................................. 34 23
Kentucky............................................ 8 5
Louisiana .......................................... 160 182
N. Land ........................................... 84 130
S. Inland waters .............................. 19 17
S. Land............................................ 25 15
Offshore .......................................... 32 20
Maryland ........................................... 0 0
Michigan ........................................... 1 0
Mississippi ........................................ 12 7
Montana ............................................ 9 10
Nebraska ........................................... 1 3
New Mexico........................................ 82 71
New York............................................ 0 2
North Dakota ..................................... 185 137
Ohio................................................... 13 8
Oklahoma .......................................... 196 140
Pennsylvania ..................................... 109 102
South Dakota..................................... 2 1
Texas ................................................. 916 732
Offshore .......................................... 4 3
Inland waters .................................. 0 3
Dist. 1 ............................................. 120 65
Dist. 2 ............................................. 82 48
Dist. 3 ............................................. 47 41
Dist. 4 ............................................. 51 41
Dist. 5 ............................................. 51 71
Dist. 6 ............................................. 53 62
Dist. 7B ........................................... 14 12
Dist. 7C ........................................... 77 65
Dist. 8 ............................................. 286 184
Dist. 8A ........................................... 41 25
Dist. 9 ............................................. 24 38
Dist. 10 ........................................... 66 74
Utah .................................................. 27 29
West Virginia ..................................... 27 20
Wyoming............................................ 52 45
OthersNV-2; OR-1; TN-1; VA-1 ...... 5 9
Total US ........................................ 2,016 1,685
Total Canada ................................ 500 429
Grand total ................................... 2,516 2,114
US Oil rigs ......................................... 1,133 720
US Gas rigs ....................................... 877 955
Total US offshore ............................... 37 23
Total US cum. avg. YTD ..................... 1,859 1,514
Rotary rigs from spudding in to total depth.
Denitions, see OGJ Sept. 18, 2006, p. 42.
Source: Baker Hughes Inc.
Data available at PennEnergy Research Center.
US NATURAL GAS STORAGE
1
11-4-11 11-4-11 11-5-10 Change,
bcf %
Producing region ................ 1,235 1,220 1,231 0.3
Consuming region east ...... 2,085 2,069 2,087 0.1
Consuming region west ...... 511 505 519 1.5
Total US ............................. 3,831 3,794 3,837 0.2
Change,
Aug. 11 Aug. 10 %
Total US
2 ............................
3,020 3,150 4.1
1
Working gas.
2
At end of period.
Source: Energy Information Administration
Data available at PennEnergy Research Center.
OGJ PRODUCTION REPORT
1
11-11-11
2
11-12-10
1,000 b/d
(Crude oil and lease condensate)
Alabama ................................. 21 20
Alaska .................................... 620 612
California ............................... 608 602
Colorado ................................. 87 86
Florida .................................... 6 5
Illinois .................................... 26 25
Kansas ................................... 115 110
Louisiana ............................... 1,533 1,566
Michigan ................................ 16 18
Mississippi ............................. 66 65
Montana ................................. 70 70
New Mexico ............................. 191 184
North Dakota .......................... 394 351
Oklahoma ............................... 195 188
Texas ...................................... 1,620 1,371
Utah ....................................... 68 70
Wyoming ................................. 148 147
All others ................................ 69 71
Total .................................. 5,853 5,561
1
OGJ estimate.
2
Revised.
Source: Oil & Gas Journal.
Data available at PennEnergy Research Center.
SMITH RIG COUNT
11-11-11 11-12-10
Proposed depth, Rig Percent Rig Percent
ft count footage* count footage*
0-2,500 236 1.6 190 2.6
2,501-5,000 76 51.3 58 53.4
5,001-7,500 123 27.6 153 17.6
7,501-10,000 321 3.1 282 4.2
10,001-12,500 457 7.4 352 9.0
12,501-15,000 305 0.9 260 2.6
15,001-17,500 163 160
17,501-20,000 116 142
20,001-over 87 43
Total
1,884 6.5 1,640 6.9
INLAND 20
16
LAND 1,826 1,609
OFFSHORE 38 15
*Rigs employed under footage contracts.
Denitions, see OGJ Sept. 18, 2006, p. 42.
Source: Smith International Inc.
Data available at PennEnergy Research Center.
111121OGJ_30 30 11/17/11 1:06 PM
Oil & Gas Journal | Nov. 21, 2011 31
STATISTICS
INTERNATIONAL RIG COUNT
Oct. 2011 Oct. 10
Region Land Off. Total Total
WESTERN HEMISPHERE
Argentina ................................ 64 64 62
Bolivia ..................................... 5 5 6
Brazil....................................... 35 49 84 72
Canada ................................... 506 2 508 398
Chile........................................ 3 3 4
Colombia ................................. 68 68 51
Ecuador ................................... 16 16 12
Mexico ..................................... 79 25 104 74
Peru......................................... 7 2 9 10
Trinidad ................................... 2 2 4 2
United States .......................... 1,982 35 2,017 1,668
Venezuela ................................ 66 11 77 82
Other ....................................... 3 1 4 2
--------------- --------------- --------------- ---------------
Subtotal .................................. 2,836 127 2,963 2,443
ASIA-PACIFIC
Australia ................................. 7 7 14 16
Brunei ..................................... 4 4 5
China-offshore ........................ 27 27 24
India........................................ 88 30 118 109
Indonesia ................................ 41 13 54 61
Japan ...................................... 1 1 3
Malaysia.................................. 7 7 11
Myanmar ................................. 2 2 1
New Zealand ........................... 4 4 5
Papua New Guinea .................. 3 3 4
Philippines .............................. 2 2 8
Taiwan.....................................
Thailand .................................. 4 12 16 11
Vietnam................................... 6 6 16
Other ....................................... 1 1
--------------- --------------- --------------- ---------------
Subtotal .................................. 153 106 259 274
AFRICA
Algeria..................................... 34 34 25
Angola ..................................... 7 7 6
Congo ...................................... 2 4 6 2
Gabon...................................... 5 1 6 3
Kenya ...................................... 1 1
Libya ....................................... 15
Nigeria .................................... 4 13 17 19
South Africa ............................
Tunisia .................................... 4 4 4
Other ....................................... 1 5 6 9
--------------- --------------- --------------- ---------------
Subtotal .................................. 51 30 81 83
MIDDLE EAST
Abu Dhabi ............................... 13 9 22 12
Dubai ...................................... 1 1 2
Egypt ....................................... 58 11 69 53
Iran .........................................
Iraq .........................................
Jordan .....................................
Kuwait ..................................... 35 35 23
Oman ...................................... 40 40 45
Pakistan .................................. 14 14 15
Qatar ....................................... 2 5 7 8
Saudi Arabia ........................... 62 11 73 68
Sudan......................................
Syria ........................................ 27 27 30
Yemen ..................................... 3 3 12
Other ....................................... 4 2 6 2
--------------- --------------- --------------- ---------------
Subtotal .................................. 258 39 297 270
EUROPE
Croatia ....................................
Denmark.................................. 3 3 1
France ..................................... 1 1
Germany .................................. 4 4 4
Hungary................................... 1 1 2
Italy ......................................... 5 2 7 7
Netherlands............................. 1 3 4 7
Norway .................................... 18 18 20
Poland ..................................... 9 9 2
Romania.................................. 12 12 11
Turkey ...................................... 24 2 26 11
UK ........................................... 3 11 14 20
Other ....................................... 15 8 23 10
--------------- --------------- --------------- ---------------
Subtotal .................................. 75 47 122 95
Total ........................................ 3,373 349 3,722 3,165
Denitions, see OGJ Sept. 18, 2006, p. 42.
Source: Baker Hughes Inc.
Data available at PennEnergy Research Center.
OIL IMPORT FREIGHT COSTS*
Cargo Freight
size, (Spot rate)
Source Discharge Cargo 1,000 bbl worldscale $/bbl
Caribbean New York Dist. 200
Caribbean Houston Resid. 380 106 1.26
Caribbean Houston Resid. 500 97 1.15
N. Europe New York Dist. 200 166 2.79
N. Europe Houston Crude 400 120 2.98
W. Africa Houston Crude 910 87 2.41
Persian Gulf Houston Crude 1,900 35 1.82
W. Africa N. Europe Crude 910 93 1.89
Persian Gulf N. Europe Crude 1,900 34 1.30
Persian Gulf Japan Crude 1,750 56 1.68
*October 2011 average.
Source: Drewry Shipping Consultants Ltd.
Data available at PennEnergy Research Center.
WATERBORNE ENERGY INC.
US LNG IMPORTS
Change
Oct. Sept. Oct. from a
2011 2011 2010 year ago,
Country MMcf %
Egypt 2,930 2,950 0.7
Nigeria 2,370
Norway 2,930 5,730 48.9
Peru 3,230
Qatar 9,050 4,550 4,540 99.3
Trinidad and
Tobago 11,100 8,690 15,230 27.1
Yemen 8,910 8,700
Total 34,920 21,940 34,050 2.6
Source: Waterborne Energy Inc.
Data available at PennEnergy Research Center.
PROPANE
PRICES
Aug. Sept. Aug. Sept.
2011 2011 2010 2010
/gal
Mont
Belvieu 152.80 156.00 107.20 113.20
Conway NA NA NA NA
Northwest
Europe NA NA NA NA
Source: EIA Weekly Petroleum Status Report
Data available at PennEnergy Research Center.
NOTE: No new data at press time.
MUSE, STANCIL & CO. REFINING MARGINS
US US US US North- South-
Gulf East Mid- West west east
Coast Coast west Coast Europe Asia
$/bbl
October 2011
Product revenues 120.56 121.51 118.68 132.60 122.58 117.38
Feedstock costs 113.41 115.73 92.89 116.61 113.07 109.12
Gross margin 7.15 5.78 25.79 15.99 9.51 8.26
Fixed costs 2.24 2.59 2.52 2.93 2.52 1.96
Variable costs 1.13 1.08 0.90 1.46 1.49 1.87
Cash operating
margin 3.78 2.11 22.37 11.60 5.50 4.43
September 2011 2.01 1.76 24.93 7.04 4.11 3.18
YTD avg. 6.74 0.22 22.19 11.96 4.32 3.16
2010 avg. 4.46 1.82 8.15 9.39 3.50 0.50
2009 avg. 3.04 1.12 5.23 10.30 2.01 1.35
2008 avg. 9.09 3.04 11.26 13.54 7.34 1.77
Source: Muse, Stancil & Co. See OGJ, Jan. 15, 2001, p. 46
Data available at PennEnergy Research Center.
MUSE, STANCIL & CO.
GASOLINE MARKETING MARGINS
Los
Chicago* Houston Angeles New York
September 2011 /gal
Retail price 388.61 341.32 392.87 384.30
Taxes 62.85 38.40 66.32 55.12
Wholesale price 293.95 285.01 308.66 296.53
Spot price 304.02 267.12 287.81 280.11
Retail margin 31.73 17.91 17.89 32.65
Wholesale margin 10.07 17.89 20.85 16.42
Gross marketing margin 21.66 35.80 38.74 49.07
August 2011 15.86 34.41 27.11 41.87
YTD avg. 17.81 24.03 29.04 36.14
2010 avg. 18.43 20.23 29.53 33.26
2009 avg. 23.46 21.99 26.60 30.61
2008 avg. 33.11 32.15 27.22 41.81
*The wholesale price shown for Chicago is the RFG price utilized for the
wholesale margin. The Chicago retail margin includes a weighted average
of RFG and conventional wholesale purchases.
Source: Muse, Stancil & Co. See OGJ, Oct. 15, 2001, p. 46.
Data available at PennEnergy Research Center.
Note: Margins include ethanol blending in all markets.
MUSE, STANCIL & CO.
ETHYLENE MARGINS
Ethane Propane Naphtha
/lb ethylene
October 2011
Product revenues 55.85 96.34 127.27
Feedstock costs 36.73 83.75 143.57
Gross margin 19.12 12.59 16.30
Fixed costs 5.38 6.36 7.19
Variable costs 3.01 3.48 4.55
Cash operating
margin 10.73 2.75 28.04
September 2011 25.23 14.82 7.50
YTD avg. 27.28 21.83 9.76
2010 avg. 21.98 17.34 5.24
2009 avg. 12.93 9.63 13.72
2008 avg. 21.00 22.89 5.91
Source: Muse, Stancil & Co. See OGJ, Sept. 16, 2002, p. 46.
Data available at PennEnergy Research Center.
MUSE, STANCIL & CO.
US GAS PROCESSING MARGINS
Gulf Mid-
Coast continent
October 2011 $/Mcf
Gross revenue
Gas 3.42 3.05
Liquids 1.58 3.54
Gas purchase cost 3.81 4.10
Operating costs 0.07 0.15
Cash operating margin 1.12 2.34
September 2011 1.10 2.42
YTD avg. 1.00 2.42
2010 avg. 0.67 1.73
2009 avg. 0.41 1.14
2008 avg. 0.45 1.61
Breakeven producer payment,
% of liquids 27% 33%
Source: Muse, Stancil & Co. See OGJ, May 21, 2001, p. 54.
Data available at PennEnergy Research Center.
111121OGJ_31 31 11/17/11 1:06 PM
32 Oil & Gas Journal | Nov. 21, 2011
EMPLOYMENT
The U. S. Department of Energy (DOE), Ofce
of the Deputy Assistant Secretary for Petro-
leum Reserves (FE-40) in Washington, DC is
seeking a highly-qualied candidate to serve
as Associate Deputy Assistant Secretary.
The prime responsibility and authority for plan-
ning, management, implementation and adminis-
tration of all programs related to the Strategic Pe-
troleum Reserves (SPR) and the Northeast Home
Heating Oil Reserves. The Ofce is responsible for
meeting the national objective of storing sufcient
reserves of crude oil and heating oil to be used in
the event of severe energy supply interruptions that
threaten the nations energy security and economy.
The ideal candidate will have experience in manag-
ing petroleum operations (renery, pipeline and/or
storage) with a high level of expertise in storage
and distribution systems. The ability to provide
executive level leadership and program manage-
ment is required. Experience dealing with high
level ofcials in the petroleum industry and gov-
ernment is preferred.
For more information concerning key require-
ments, major duties, technical qualications, ben-
ets, evaluation factors and to apply visit USA Jobs
at http://www.usajobs.opm.gov/.
Cameron International Corporation in
Houston, TX seeks Engineer II. Qualied
applicants will possess a Bachelors degree in
Mechanical Engineering and two years offshore
wellhead support experience. Email resume to
Davon.Dolejsi@c-a-m.com. Resume must in-
clude job code 29564BR.
Cameron International Corporation in Hous-
ton, TX seeks Project Quality Manager. Quali-
ed applicants will possess a Masters degree in
Mechanical or Industrial Engineering plus two
years related experience in the oil and gas indus-
try. Email resume to Davon.Dolejsi@c-a-m.com.
Resume must include job code 29233BR.
Cameron International Corporation in Hous-
ton, TX seeks Product Engineer III. Qualied
applicants will possess a Masters Degree in Chem-
ical, Petroleum, or Mechanical Engineering and
one year of experience in the design and selection
of process equipment for the oil and gas indus-
try. Email resume to Jennifer.Laster@c-a-m.com.
Resume must include job code: PRODENGCPS.
CONSULTANTS
BRAZIL LEGAL & REAL
Oil & Gas | Energy & Renewables
The giant has awakened, and you need effective
strategic counseling to cut into this new investment
frontier + quality technical advice from local,
experienced specialists.
EXPETRO Natural Resources Consultants
Rio de Janeiro & Natal - Brazil
www.expetro.com.br
Corporate House for Lease
Beeville TX, Bee County
707 E. Inez, Beeville TX
3-4 bedrooms, large yard, fully
furnished, all bills paid
1-3-6-12 month lease options
Call David-713-828-4821
REAL ESTATE
BANKRUPTCY AUCTION
December 14th, 2011
Four valuable owner-operated
producing oil & gas leases,
Okmulgee County, OK
BANKRUPTCY AUCTION
December 14th, 2011
Four valuable owner-operated
producing oil & gas leases,
Okmulgee County, OK
877-895-7077
natcomauctions.com
AUCTI ON
Hiring?
New Business Opportunity?
Selling Equipment?
Need Equipment?
Contact: Glenda Harp
+1-918-832-9301 or
1-800-331-4463, ext. 6301
Fax: +1-918-832-9201
DEADLINE for MARKETPLACE ADVERTISING is 10 A.M. Tuesday preced-
ing date of publication. Address advertising inquiries to MARKETPLACE
SALES, 1-800-331-4463 ext. 6301, 918-832-9301, fax 918-832-9201,
email: glendah@pennwell.com.
DISPLAY MARKETPLACE: $390 per column inch, one issue. 10% discount three or
more CONSECUTIVE issues. No extra charge for blind box in care.
Subject to agency commission. No 2% cash discount.
UNDISPLAYED MARKETPLACE: $4.00 per word per issue. 10% discount for three or
more CONSECUTIVE issues. $80.00 minimum charge per insertion. Charge for
blind box service is $60.00 No agency commission, no 2% cash discount.
Centered/Bold heading, $12.00 extra.
COMPANY LOGO: Available with undisplayed ad for $85.00. Logo will be centered
above copy with a maximum height of 3/8 inch.
NO SPECIAL POSITION AVAILABLE IN MARKETPLACE SECTION.
PAYMENT MUST ACCOMPANY ORDER FOR MARKETPLACE AD.
MARKETPLACE
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