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McDermott's Derrick Barge 50 installs drilling and production platform in US GoM

2015-01-28 01:00:00| Offshore Technology

McDermott International's Derrick Barge 50 (DB50) has installed a drilling and production platform in the US Gulf of Mexico (GoM)

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Massive oil drilling project in Carson is dropped

2015-01-27 07:26:22| Oil & Gas - Topix.net

Before a Carson City Council meeting in March, Frances Haywood holds a sign protesting new oil and gas production. California Resources, which was seeking to drill 200 wells to extract oil from the Dominguez Oil Field, announced Monday that it is dropping the project.

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API: Exploratory Oil Drilling Increased 75 Percent In Q4

2015-01-27 05:06:49| oilandgasonline Home Page

Estimated U.S. exploratory oil well completions increased by 75 percent in the fourth quarter of 2014 compared to year-ago levels, according to API's 2014 Quarterly Well Completion Report, Fourth Quarter.

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Obama to propose protecting U.S. Arctic wildlife refuge from drilling

2015-01-26 03:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: President Barack Obama will call on Congress to expand protection of Alaska's Arctic refuge where oil and gas drilling is prohibited to 12 million acres (5 million hectares), an area that includes 1.4 million oil-rich acres along the coast. The proposal, unveiled by the Interior Department on Sunday, ran into instant criticism from Republicans and will likely face an uphill battle in Congress, where Republicans now control both chambers. The wilderness designation, the highest level of federal...

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Obama Moves Put Much of Refuge Off Limits Drilling

2015-01-25 15:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: President Barack Obamas call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably wont have much practical impact for an area already off-limits to drillers, though its created a new fault line with the Republican-led Congress. The White House on Sunday said it would ask Congress to designate core areas of the 19.8 million-acre refuge as wilderness, including its 1.5 million-acre coastal plain that geologists believe lies atop a rich oil reserve....

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