Regional News: United States
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Report: Significant Economic Benefits Seen from Atlantic Oil, Gas Devt
Thursday, December 05, 2013 Opening US Atlantic waters to oil and gas exploration could create significant economic benefits that will be felt throughout the United States, according to a recent report.
Shell Cancels US Gas-To-Liquids Plant As Costs Rise
Thursday, December 05, 2013 Shell says has canceled a proposed gas-to-liquids (GTL) plant in Louisiana less than two years after the plan surfaced as costs rose and the company reins in spending.
EIA: Texas Crude Oil Production Hits Monthly Record in September
Thursday, December 05, 2013 Texas crude oil average daily production figures hit a monthly record in September, the EIA says.
Shrugging Off Winter's Bite In N. Dakota Oilfields
Thursday, December 05, 2013 The extreme cold slamming the Great Plains isn't about to cool off one of the hottest segments of the American economy: North Dakota's oil patch.
Oil Gains On Strong US Growth; Natural Gas Soars
Thursday, December 05, 2013 The price of oil edges higher as the US economy grew more than expected in the third quarter.
Edge Resources to Commence Multi-Well Program in Saskatchewan
Wednesday, December 04, 2013 Edge Resources announces it has secured a drilling rig for a multi-well drilling program in Eye Hill, Saskatchewan.
FormCap Updates Kansas Prospect Ops
Wednesday, December 04, 2013 FormCap announces that geological and geophysical (G&G) due diligence on the acquisition of 1500 acres of prospective oil leases in Cowley County, Kansas is completed.
Exec: Marathon Petroleum's Utica Pipeline Could Spur More Projects
Wednesday, December 04, 2013 Marathon Petroleum's planned 50-mile pipeline in Ohio's Utica shale play could lead to other projects to move condensate further west or into Canada, an executive told analysts.
New Western Acquires Additional Acreage in Oklahoma
Wednesday, December 04, 2013 New Western Energy completes the acquisition of an Oil & Gas lease onsisting of 80 acres adjacent to its Winchester & Thomas leases in Rogers County.
Shell Charts Return To Offshore Alaska Drilling In July
Wednesday, December 04, 2013 Shell plans to return to Alaskan offshore drilling next July and will deploy an upgraded drillship in the Chukchi Sea, while keeping a newly contracted backup drillship ready if needed.
US Delays in LNG, Coal Export Permitting Could Violate WTO Agreements
Wednesday, December 04, 2013 The delay in US permits for LNG and coal export facilities could violate WTO agreements, a former WTO official argues in a recent report.
Oil Above $97 A Barrel As US Supplies Decline
Wednesday, December 04, 2013 The price of oil rises for a fourth straight day as the US government reports the first drop in crude oil supplies in 11 weeks.
Schlumberger Sees 2% Fourth-Quarter Profit Hit From Iraq shutdown
Tuesday, December 03, 2013 Schlumberger expects the temporary shutdown of its operations in southern Iraq last month in a "security incident" to reduce 4Q profits about 2%.
US Business Leader: EPA Fracking Study Could Hurt Energy Boom
Tuesday, December 03, 2013 America's largest business lobby group warns the Obama administration against snuffing out the country's energy boom with regulations on new oil and natural gas drilling technologies.
BOEM Proposes Eastern Gulf of Mexico Oil, Gas Lease Sale
Tuesday, December 03, 2013 BOEM will hold a Gulf of Mexico Eastern Planning Area oil and gas lease sale in March.
BP Wins US Appeals Court Reprieve Over Some Gulf Spill Payments
Tuesday, December 03, 2013 BP wins a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs.
Oil Jumps On News Of Pipeline Opening
Tuesday, December 03, 2013 The price of oil jumps more than 2% on the prospect of more oil flowing out of a key storage hub in the middle of the US.
UK, Trade Groups Tell US Court Ban Against BP Unfair
Tuesday, December 03, 2013 The US Environmental Protection Agency may have been too harsh when it banned BP from lucrative federal contracts as punishment for its 2010 Macondo oil spill, the UK and prominent business groups say.
Transocean Notes Management Changes
Tuesday, December 03, 2013 Transocean Ltd. announces a new change in management.
Ex-BP Engineer Who Deleted Texts Heads To Trial
Monday, December 02, 2013 Kurt Mix, who was a drilling engineer for BP, possibly faces a prison sentence if convicted of deliberately deleting text messages and voicemails about BP's response to the 2010 Macondo incident.
Energy Expert Economides Dies at 64
Monday, December 02, 2013 Dr. Michael Economides, a widely esteemed UH professor of chemical and biomolecular engineering, dies of heart attack at 64.
Oil Rises On Manufacturing Numbers From US, China
Monday, December 02, 2013 The price of oil rises more than 1% on encouraging manufacturing data from US and China.
Local Gas Drilling Laws Get A Key Airing In Ohio
Sunday, December 01, 2013 Both pro- and anti-drilling forces are watching the Ohio case because the outcome could encourage or deter the implementation elsewhere of local laws to limit drilling.
Brent Falls, Premium to U.S. Oil Narrows
Friday, November 29, 2013 Brent's premium over U.S. oil shrinks by $2.
Women Who Shine: Q&A with T.J. Thom
Friday, November 29, 2013 EPL's Senior VP, CFO T.J. Thom discusses trends, thoughts and how the energy industry changed her career path.
Career Spotlight: Health and Safety Engineer
Friday, November 29, 2013 Health and safety engineers watch over the health, safety and welfare of the crew.
Smart Pumper Offers Real-Time Production Automation, Monitoring
Friday, November 29, 2013 The Smart Pumper allows automated production and monitoring from a personal laptop or cell phone.
Mitchell Associate Discusses Shale Pioneer's Sustainability Views
Thursday, November 28, 2013 George P. Mitchell left a lasting impact on the oil and gas industry as well as the environmental sustainability cause.
US Shale Plays to Watch in 2014
Wednesday, November 27, 2013 DrillingInfo CEO Allen Gilmer talks with Rigzone about shale plays to watch in the United States in 2014 and beyond.
Career Spotlight: Marine Surveyor
Wednesday, November 27, 2013 A Marine surveyor position inspecting marine vessels and equipment is an exciting alternative to working under florescent lights.
Oil Ends Below $93 First Time Since End Of May
Wednesday, November 27, 2013 Oil closes below $93 a barrel for the first time in nearly six months as the US government reports the 10th straight weekly increase in crude oil supplies.
Number of Idle Floating Production Units Reaches All-Time High
Wednesday, November 27, 2013 The number of floating production systems available for work reaches an all-time high, according to a recent report by Energy Maritime Associates Pte Ltd.
Women Who Shine: Q&A with Jenny Day
Tuesday, November 26, 2013 Refinery electrician Jenny Day discusses trends, goals and how oil and gas makes the world go round.
Jacobs Engineering Acquires MARMAC Assets
Tuesday, November 26, 2013 Jacobs Engineering Group Inc. announced Tuesday that it has acquired assets of MARMAC Field Services, Inc. (MARMAC) headquartered in Costa Mesa, Calif.
Oil Ends Lower In Choppy Trading
Tuesday, November 26, 2013 Brent crude oil futures edge lower in choppy trading, as investors await new data after concluding that a deal between Iran and world powers would bring no immediate increase in crude supplies.
Mississippi River Still Shut After Fuel Spill; Few Boats Delayed
Tuesday, November 26, 2013 The Mississippi River remains closed to navigation along Iowa after a boat containing up to 100,000 gallons of diesel fuel and lube oil struck a submerged object and sank late Monday.
US Fines Weatherford $253M Over Iran Work, Junkets
Tuesday, November 26, 2013 Weatherford will pay fines to the US government to settle charges that ranged from flouting sanctions against Iran and Syria to sending business partners on World Cup soccer junkets, officials say.
Jones Energy Adds Anadarko Basin Assets
Monday, November 25, 2013 Jones Energy says it has entered a definitive agreement with a privately-held company to acquire producing and undeveloped oil and gas assets in the Anadarko Basin.
Betting On Oil Spreads: From Money Spinner To Widow Maker
Monday, November 25, 2013 One of the most popular trading bets in oil markets, based on attempts to predict price differences between European and US oil benchmarks, is proving to be one of the trickiest.
Oil Prices Drop After Iran Nuclear Deal
Monday, November 25, 2013 The price of oil drops to near $94 a barrel as a deal between Iran and six world powers on the country's nuclear program raises the possibility that sanctions choking Iranian oil exports will be lifted.
Proposed Changes To Tax Law Will Suffocate US Economic Recovery
Friday, November 22, 2013 Proposed changes in the tax law released by Senate Finance Chairman Max Baucus will have dramatic negative implications for domestic energy, jobs and the US economy as a whole, Alex Mills says.
Oil Slips, But Stays Higher For The Week
Friday, November 22, 2013 The price of oil slips to just under $95 but still finishes the week with a gain of $1 a barrel.
US Eyes Increase In Arctic Operations
Friday, November 22, 2013 The US military is looking for ways to expand operations in the Arctic as melting ice caps open sea lanes and other nations compete for the lucrative oil and gas deposits.
Fracking Without Freshwater At A West Texas Oilfield
Thursday, November 21, 2013 At a dusty Texas oilfield, Apache has eliminated its reliance on what arguably could be the biggest long-term constraint for fracking wells in the arid western United States: scarce freshwater.
API: Public Policy Can Change Energy Costs
Thursday, November 21, 2013 Energy costs have been down overall, but commonsense public policy changes can help put further downward pressure on costs to help American families, API Chief Economist John Felmy says.
House Backs Bill To Speed Natural Gas Pipelines
Thursday, November 21, 2013 The House has approved a bill to speed approval of natural gas pipelines, the third bill passed this week to boost energy production in the US.
Oil Rises As US Jobs Market Signals Recovery
Thursday, November 21, 2013 The price of oil rises above $95 as the US job market shows more signs of recovering.
DOE Expands Methane Hydrates Research
Thursday, November 21, 2013 The US Department of Energy awards funding to seven universities for research into methane hydrates.
Transocean Has A Third Of Deepwater Rigs Seeking 2014 Work
Thursday, November 21, 2013 Transocean offers some hard rig numbers that validated industry concerns about slack demand for certain oil and gas work.
Devon To Buy GeoSouthern Eagle Ford Assets For $6 Billion
Wednesday, November 20, 2013 Devon Energy strikes a deal to buy privately held GeoSouthern Energy's assets in the Eagle Ford shale region of south Texas for $6 billion in cash.
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