Drilling

Oil

Despite protests, Arctic drill rig preparations continue

SEATTLE (AP) — Neither a protest by hundreds of demonstrators nor a permit violation notice from the city will halt Royal Dutch Shell's use of a Seattle seaport terminal as it prepares for exploratory oil drilling in the Arctic Ocean, spokesmen say.

The violation notice issued Monday by the Seattle Department of Planning and Development said use of Terminal 5 by a massive floating drill rig was in violation of the site's permitted use as a cargo terminal. The 400-foot Polar Pioneer and its support tug Aiviq must be removed from the terminal or Shell's host, Foss Maritime, must obtain an appropriate permit, the city indicated.

Oil

Alaska, Washington state at odds over Arctic drilling

Source: 
The Seattle Times

Alaskan legislators have slammed politicians in Washington state for their opposition to Shell’s Arctic drilling plans, The Seattle Times reports.

Protesters of Arctic drilling block entry to Seattle port

SEATTLE (AP) — A few hundred critics of oil drilling in the Arctic Ocean blocked the entrances Monday to a seaport terminal in Seattle, where Royal Dutch Shell's massive floating drill rig will be loaded up before heading to the waters off Alaska this summer.

Protesters holding banners and flags marched across a bridge to Terminal 5, temporarily closing the road during Monday morning's commute. Once at the terminal, they spread out across the entrances.

Oil

Okla. producer: Well to be plugged back but not connected to quakes

Source: 
E&E

New Dominion LLC confirms that its oil wastewater well - located near the epicenter of the big 2011 earthquake near Prague, Oklahoma - was drilled deep enough that it now needs to be made shallower, but denies it had anything to do with causing the quake, E&E reports.

Oil

US industrial output falls for 5th month on lower drilling

WASHINGTON (AP) — A plunge in energy-related drilling and sluggish manufacturing sent U.S. industrial output down for a fifth straight month in April.

Overall industrial production slid 0.3 percent in April after a drop of the same size in March, the Federal Reserve said Friday. The figures suggest that weakness in manufacturing and mining is weighing heavily on the economy.

Oil

US oil and natural gas rig count drops by 6 to 888

HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by six this week to 888.

Houston-based Baker Hughes said Friday that 660 rigs were seeking oil and 223 explored for natural gas. Five were listed as miscellaneous. A year ago, 1,861 rigs were active.

Oil

UK North Sea oil, gas fields to get investment boost

Source: 
Reuters

Private equity funds are joining with oil and gas executives in a bid to inject badly needed funds into Britain’s aging North Sea assets, Reuters reports.

David vs Goliath fight against Arctic drilling: Protester

SEATTLE (AP) — As a massive oil drill rig moved into Seattle, about two dozen activists in kayaks paddled to the middle of Elliott Bay, linked boats and unfurled a banner to make a stand against Royal Dutch Shell's plan to open a new frontier of fossil fuel exploration in the Arctic Ocean.

The 400-foot-long rig rising nearly 300 feet above the water dwarfed the flotilla of tiny boats on Thursday, as it passed the city's Space Needle and downtown skyline and docked at Terminal 5.

Oil

Seattle, like it or not, becomes Shell's Arctic base

SEATTLE (AP) — A 400-foot-long Arctic oil drilling rig pulled by tugs has arrived in Seattle waters despite environmentalists' protests and the city's opposition to letting it dock here.

The Polar Pioneer drilling rig arrived in Seattle waters Thursday afternoon and was headed to Terminal 5.

Oil

Shale tech could get oil out of old fields around the world

Source: 
FuelFix

New research says shale technology could release 141 billion barrels of crude from older, unproductive oil fields in places as far flung as the Middle East, Latin America and Russia, FuelFix reports.

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