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Shell will delay Arctic drilling

2013-02-12 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

FuelFix: After dedicating nearly eight years and $5 billion to the quest, Shell`s plans to continue hunting for Arctic oil this summer are in jeopardy, as company officials on Monday confirmed they will tow two drilling units to Asian dry docks for repairs. Although Shell Oil said the firm has not ruled out drilling in the Chukchi and Beaufort seas north of Alaska this summer, it appears unlikely the vessels will be able to make the two-to-four-week treks to those Asian ports, undergo repairs, clear U.S....

Tags: delay shell arctic drilling

 

Special Dividend of $0.75 Planned by Diamond Offshore Drilling

2013-02-05 17:02:08| Oil & Gas - Topix.net

Diamond Offshore Drilling declared a special dividend on Tuesday, February 5th. Shareholders of record on Tuesday, February 19th will be paid a dividend of $0.75 per share on Friday, March 1st.

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BP and Maersk collaborating to develop next-generation offshore drilling rigs for Project 20K

2013-02-05 11:30:19| Green Car Congress

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Yoho Provides Duvernay Drilling Update

2013-02-05 09:15:00| OGI

Yoho operated the drilling and completion of the first two horizontal wells targeting the Devonian Duvernay shale.

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Multipurpose Drilling Rig meets mineral exploration needs.

2013-02-04 14:28:01| Industrial Newsroom - All News for Today

Designed to fit into 40 ft high cube container, LX™11 offers reverse circulation (RC) and diamond core drilling capabilities as well as multiple safety features. Rig can reach depths of 4,750 ft using NQ rods via diamond drilling and 1,065 ft using 4.5 in. rods via RC drilling. For increased productivity, 23.6 ft mast and top drive head allow 13 ft rods to be pulled under head. Single rotary drill head runs up to 1,200 rpm and offers max torque of 5,800 lb-ft at 100 rpm. This story is related to the following:Portable Drilling Rigs | Rigs

Tags: meets exploration mineral drilling

 

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