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Trinidad Drilling (TDG) Plans Quarterly Dividend of $0.05

2013-03-16 04:55:57| Logistics - Topix.net

Trinidad Drilling announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.05 per share on Monday, April 15th.

Tags: plans quarterly trinidad dividend

 

Shell Oil Unprepared for 2012 Arctic Drilling, Finds U.S. Review

2013-03-15 02:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Environment News Service: "Shell screwed up in 2012 and we`re not going to let them screw up when they try to drill in the Arctic again," Secretary of the Interior Ken Salazar told reporters today, releasing the findings of a departmental review of Shell Oil`s 2012 Arctic operations. In 2012, Shell started drilling the first wells in the Alaskan Arctic in nearly two decades in the Beaufort and Chukchi Seas. Shell`s goal for the summer drilling season was to confirm a major discovery of oil in commercially-viable quantities...

Tags: review oil finds shell

 
 

Improve plans, or Shell's Arctic drilling is off, says US Government

2013-03-15 01:00:00| Offshore Technology

Shell have been told they will not be able to re-enter the Arctic again without overhauling its plans, after a review by a US Government agency found the company entered the Arctic without finalising key components of its programme.

Tags: us improve government plans

 

Boart Longyear Releases Quick Descent Roller Latch For Surface Drilling

2013-03-13 04:47:42| oilandgasonline News Articles

Boart Longyear (www.BoartLongyear.com- ASX: BLY), the world's leading integrated exploration drilling services, equipment and performance tooling provider, is introducing the Quick Descent™ Roller Latch™ to the surface drilling market to decrease wireline trip time by up to 50 percent and increase the bottom line for drilling contractors.

Tags: quick releases surface roller

 

DrillWall Drilling Mud Additive Provides 50% Improvement In The Reduction Of Drilling Fluid Loss In Independent Lab Testing

2013-03-13 03:08:56| oilandgasonline News Articles

DrillWall™, a kenaf-based drilling mud additive from Kenactiv Innovations Inc., (OPHI) ("Kenactiv"), was recently tested in the lab by a major drilling fluids company and found to provide up to a 50% reduction in fluid loss, as compared to current mud additives, in sand pack tests using a water-based system.

Tags: loss independent testing improvement

 

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