Drilling

Oil

Colorado quakes: State orders halt to well wastewater disposal

Source: 
Platts

High Sierra Water Services has to stop putting oil and gas wastewater into one of its injection wells near the site of tremors including a 3.4 magnitude earthquake, according to an order from the Colorado Oil and Gas Conservation Commission, Platts reports.

Oil

Rising US oil, gas reserves down to independents: EY analysis

Source: 
FuelFix

The 9 percent increase in U.S. oil and gas reserves in 2013 was down to independents like Anadarko Petroleum active in the country’s shale plays, not the major oil companies, according to an analysis by EY, FuelFix reports.

Oil

China, Vietnam in fresh disagreement over vessel ramming

Source: 
The Wall Street Journal

Vietnam and China have traded accusations about who is responsible for a vessel-ramming incident that took place in the South China Sea Monday, as the fight over a Chinese oil rig drilling in disputed waters continues, The Wall Street Journal reports.

Oil

Maersk Drilling orders GE blowout preventers

Source: 
FuelFix

General Electric will build blowout preventers made to withstand the highest pressure ever, under an order placed by Maersk Drilling, the Danish contractor, for delivery in 2018, FuelFix reports.

Oil

Transocean hopes to raise $350M in partnership IPO

Source: 
FuelFix

Transocean Partners, a Scotland-based master limited partnership spinoff from Transocean Ltd. that already has a share in two deepwater drillships operating under contract with Chevron, hopes to raise $350 million in an initial public offering, FuelFix reports.

Oil

House Rules meets on oil exploration and leasing bill

Washington, June 24, 2014, 3:00 pm

House Rules Committee business meeting on H.R. 4899, the Lowering Gasoline Prices to Fuel an America That Works Act of 2014.

Oil

Okla. drilling boom: More than 2,600 oil, gas wells completed in 2013

Source: 
The Oklahoman

Reports filed with Oklahoma regulators say more than 2,600 oil and gas wells were completed in the state last year, when companies also applied for more than 4,000 permits for the second year in a row, The Oklahoman reports.

Oil

Spain's Repsol makes Russian hydrocarbon discovery

MADRID (AP) — Spanish energy company Repsol has announced what it says is a significant hydrocarbon discovery in a relatively unexplored part of West Siberia.

Repsol S.A. said Monday its joint venture in the region, with Russia's Alliance Oil Co Ltd, is one of its key strategic projects and an important potential area of growth.

Oil

China’s latest rig moves appear non-controversial

Source: 
The Wall Street Journal

China announced movements for at least four drilling rigs in the South China Sea last week, but the activity doesn’t appear to have provoked a response from its neighbors, although Vietnamese President Truong Tan Sang complained again on Friday about the deployment back in May of a rig into disputed waters, The Wall Street Journal reports.

Oil drilling threatens solitude of national park

THEODORE ROOSEVELT NATIONAL PARK, N.D. (AP) — After the last hints of sunset dip behind the hills, the North Dakota horizon comes alive with flickering orange flames of a different kind — natural gas flares.

These tiny tongues of fire burn bright against the dark prairie just beyond the boundaries of Theodore Roosevelt National Park in the Badlands, where the man who later became the nation's 26th president sought solace after his wife and mother both died unexpectedly on the same day in 1884 in his native New York.

Today, the resurgent American oil industry is tapping into this rugged landscape, so the vistas that soothed Roosevelt's grief and helped instill his zeal for conservation now include oil rigs and flares used to burn off natural gas that comes to the surface.

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