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Environmental group calls out Pennsylvania drilling study

2015-12-22 20:26:32| Oil & Gas - Topix.net

An environmental group is calling out a Pennsylvania regulator's study that found radiation levels in oil and gas industry wastewater and byproducts showed little potential for radiation exposure. The January study by the state Department of Environmental Protection began after questions arose about the radioactivity in the huge volumes of wastewater and solid waste coming out of the ground during the state's natural gas drilling boom.

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FY2016 Earnings Estimate for Trinidad Drilling Ltd. (TDG) Issued By Scotiabank

2015-12-19 03:05:34| Logistics - Topix.net

Trinidad Drilling Ltd. - Stock analysts at Scotiabank cut their FY2016 earnings per share estimates for Trinidad Drilling in a research report issued to clients and investors on Monday, according to Zacks Investment Research . Scotiabank analyst V. Vlad now anticipates that the firm will post earnings per share of for the year, down from their previous estimate of .

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Shell seeks to preserve U.S. drilling rights in Arctic Ocean

2015-12-16 19:50:37| Energy - Topix.net

Royal Dutch Shell is fighting to preserve U.S. drilling rights in Arctic waters three months after halting exploration indefinitely there because it failed to find meaningful oil or natural gas deposits. Europe's largest oil company filed a notice of appeal Tuesday challenging the Interior Department's Oct. 29 rejection of the company's requests to stop the clock on Arctic oil and gas leases that otherwise expire between 2017 and 2020.

Tags: rights ocean shell seeks

 

Shell seeks to preserve U.S. drilling rights in Arctic Ocean

2015-12-16 16:38:39| Oil & Gas - Topix.net

Royal Dutch Shell is fighting to preserve U.S. drilling rights in Arctic waters three months after halting exploration indefinitely there because it failed to find meaningful oil or natural gas deposits. Europe's largest oil company filed a notice of appeal Tuesday challenging the Interior Department's Oct. 29 rejection of the company's requests to stop the clock on Arctic oil and gas leases that otherwise expire between 2017 and 2020.

Tags: rights ocean shell seeks

 

Trinidad Drilling to slash capital budget by 76-84%, cut general spending 10-15%

2015-12-14 13:38:17| Logistics - Topix.net

Trinidad Drilling Ltd. has chopped its initial capital spending budget for 2016 to $30 million - 84 per cent less than what it's spending this year - to reflect weak conditions in the oil and gas industry. The Calgary-based company says it's primarily aiming to maintain Trinidad's current operations, although it may be able to spend as much as $45 million if certain growth opportunities arise - still 76 per cent below 2015 levels.

Tags: general capital cut budget

 

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