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Hoping for a price surge, oil companies keep wells in reserve
2015-12-29 08:58:17| Oil & Gas - Topix.net
The price of oil keeps dropping. But that didn't stop a work crew from drilling a well recently on what was once a cornfield, carefully guiding the last sections of 13,000 feet of pipe spiraling into the hard Niobrara shale with a diamond-tipped bit.
Hoping for a Price Surge, Oil Companies Keep Wells in Reserve
2015-12-25 22:03:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: The price of oil keeps dropping. But that didnt stop a work crew from drilling a well recently on what was once a cornfield, carefully guiding the last sections of 13,000 feet of pipe spiraling into the hard Niobrara shale with a diamond-tipped bit. Their well, one of hundreds drilled by Anadarko Petroleum in eastern Colorados Wattenberg field this year, could someday gush as many as 800 barrels of crude oil a day. But Anadarko is not planning to produce a drop of crude from the well for at...
Report: All Major Oil Companies Knew of Climate Change by 1970s
2015-12-24 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed
Democracy Now!: A new investigation by the Pulitzer Prize-winning outlet InsideClimate News suggests that nearly every major U.S. and multinational oil and gas company was aware of the impact of fossil fuels on climate change as early as the late 1970s. Earlier exposés by InsideClimate News and the Los Angeles Times have revealed that Exxon scientists knew about climate change as early as 1977, and for decades Exxon concealed its own findings that the burning of fossil fuels causes global warming, alters the climate...
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Indonesian companies see 2016 oil and gas lifting below govt's target
2015-12-20 00:39:59| Oil & Gas - Topix.net
CIREBON, Indonesia, Dec 19 Oil and gas companies in Indonesia set a lifting target for 2016 below both the government's estimate and their 2015 production, the country's upstream oil and gas regulator SKK Migas said on Saturday. The combined production target of oil and gas producers in 2016 is 1.944 million barrels of oil equivalent per day , SKK Migas spokesman Elan Biantoro told reporters.
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target
gas
oil
National Oil Companies Hold Top Spots In Energy Intelligence's Ranking Of Top Oil Firms
2015-11-17 05:24:09| oilandgasonline Home Page
State-owned oil companies are retaining their dominant position in the world petroleum industry according to Energy Intelligence’s annual ranking of the world's top 50 oil and gas companies, which was published recently in Petroleum Intelligence Weekly (PIW).
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