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Oil Holds Gains Amid U.S. Drilling Slowdown, Libya Output Threat

2015-02-16 10:33:51| Energy - Topix.net

Futures were little changed in New York after climbing 3.1 percent on Feb. 13. Drillers cut the number of rigs in service by 84 to 1,056, the fewest since August 2011, data from Baker Hughes Inc. showed. Libya's National Oil Corp. said it would stop pumping crude at all fields if the authorities fail to contain attacks on facilities that has reduced output to the lowest in a year.

Tags: oil output holds threat

 

Oil Holds Gains Amid U.S. Drilling Slowdown, Libya Output Threat

2015-02-16 06:32:27| Oil & Gas - Topix.net

Futures were little changed in New York after climbing 3.1 percent on Feb. 13. Drillers cut the number of rigs in service by 84 to 1,056, the fewest since August 2011, data from Baker Hughes Inc. showed. Libya's National Oil Corp. said it would stop pumping crude at all fields if the authorities fail to contain an escalation of attacks on facilities that has reduced output to the lowest in a year.

Tags: oil output holds threat

 
 

Study: Oklahoma's daily small quakes linked to energy drilling raise risk of big ones

2015-02-14 19:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Small earthquakes shaking Oklahoma and southern Kansas daily and linked to energy drilling are dramatically increasing the chance of bigger and dangerous quakes, federal research indicates. This once stable region is now just as likely to see serious damaging and potentially harmful earthquakes as the highest risk places east of the Rockies such as New Madrid, Missouri, and Charleston, South Carolina, which had major quakes in the past two centuries. Still it's a low risk, about a 1 in 2,500...

Tags: small big study daily

 

Book review - the Drilling Data Vortex

2015-02-12 14:05:23| Oil IT Journal - www.oilit.com

Carlos Damski sets out to 'put drilling data management in a business context.' He argues against single vendor solutions with a soft sell of Genesis Petroleum Technologies' toolset.

Tags: data review book drilling

 

Dana completes drilling programme in Danish North Sea licence

2015-02-11 01:00:00| Offshore Technology

Dana Petroleum has discovered an oil pay zone at its Lille John-2 appraisal well and side-track at the Lille John oil field in the Danish North Sea.

Tags: north sea programme licence

 

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