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Tag: drilling
Carrizo Oil & Gas to cut drilling budget by 35 percent
2015-01-29 06:24:48| Oil & Gas - Topix.net
Carrizo Oil & Gas Inc. is the latest company operating in the Eagle Ford Shale to announce budget cutbacks amid slumping oil prices.
Shell Resumes Arctic Drilling But Cuts $15B from Global Investment
2015-01-29 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: Royal Dutch Shell is reviving plans to drill for oil in the Arctic in a move likely to intensify its battle with environmentalists. The Anglo-Dutch giant's chief executive Ben van Beurden accepted that Arctic drilling "divides society", but said the world needs new sources of oil. Greenpeace said Shell was taking a "massive risk" in a "pristine" region. Shell also announced a $15bn (9.9bn) cut in global spending, and profit figures that disappointed investors. The cut in investment -...
Tags: global
investment
shell
cuts
Obamas Atlantic drilling plan criticized by Democrats
2015-01-28 17:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: A group of Senate Democrats from the Northeast is pushing back on the Obama administration`s proposal to open new areas of the Atlantic Ocean to oil and gas drilling. New Jersey Democratic Sen. Cory Booker called the move "absolutely unacceptable" in a press conference Tuesday afternoon. Joining in the press conference were fellow Democrats Ed Markey (Mass.), Robert Menendez (N.J.), and Ben Cardin (Md.). "If drilling is allowed off the East Coast of the United States, it puts our beaches, our...
Tags: plan
atlantic
democrats
drilling
Obama bans oil drilling 9.8 mil acres Arctic ocean
2015-01-28 11:59:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: US president Barack Obama has banned oil and gas drilling in 9.8 million acres of the Arctic ocean, while opening up vast new resources in the Gulf of Mexico. This means that parts of the Beaufort and Chukchi Seas off Alaskas coast can no longer be considered for future oil and gas leases, though it does not revoke existing licenses such as those held by Shell. The five-year leasing plan means that nearly 80% of the undiscovered technically recoverable oil and gas resources on the US Outer...
EPA Approves ProOne Downhole Drilling Treatment For Offshore Use
2015-01-28 01:24:00| oilandgasonline Home Page
The United States Environmental Protection Agency Region IX has approved ProOne’s Bio-Stable Downhole Drilling Fluid Treatment for use in offshore oil & gas operations in federal waters off Southern California. Specifically, the product may be discharged when used with approved drilling muds at 0-3% by volume.
Tags: use
treatment
offshore
epa
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