Archives May 2013

May
20
2013

Cabot using Marcellus field gas to fracture wells

By OGJ editors Cabot Oil & Gas Corp. said it is using natural gas from the Marcellus shale in Susquehanna County, Pa., to fracture wells via dual-fuel technology in a process that can displace as much as 70% of the diesel fuel traditionally used to operate hydraulic fracturing equipment. …read more Source: Oil Gas Journal  

May
20
2013

Hercules Offshore agrees to sell most of its inland fleet

By OGJ editors Hercules Offshore Inc. agreed to sell 11 inland barge rigs, which includes 3 active rigs, 8 cold-stacked rigs, and related assets for $45 million. …read more Source: Oil Gas Journal  

May
20
2013

Fletcher Finucane oil production starts off W. Australia

By Rick Wilkinson Oil production has started ahead of schedule from Fletcher Finucane oil field offshore Western Australia in the Carnarvon basin, project operator Santos Ltd. reported. …read more Source: Oil Gas Journal  

May
20
2013

Mississippi cuts horizontal severance, EOR taxes

Mississippi has reduced the severance tax on hydrocarbons produced from horizontal wells and the sales tax paid on electricity for oil and gas produced via carbon dioxide enhanced oil recovery. …read more Source: Oil Gas Journal  

May
17
2013

US drilling rig count unchanged at 1,769

By OGJ editors The US drilling rig count was unchanged during the week ended May 17, maintaining a total of 1,769 rotary rigs working, Baker Hughes Inc. reported. …read more Source: Oil Gas Journal  

May
17
2013

DOI releases revised proposal to regulate hydraulic fracturing

By Nick Snow The US Department of the Interior released a revised proposal to regulate hydraulic fracturing on public and Indian lands that it said would maintain important safety standards, improve integration with existing state and tribal rules, and increase flexibility for oil and gas producers. …read more Source: Oil Gas Journal  

May
15
2013

Enquest lets contract for Thistle repair

By OGJ editors Enquest PLC, London, has let a contract for inspection, repair, and maintenance services to Hallin Marine in its revitalization of the Thistle Alpha drilling and production platform in the North Sea 275 miles northeast of Aberdeen (OGJ Online, Feb. 5, 2013). …read more Source: Oil Gas Journal  

May
14
2013

Statoil orders newbuild jack up for Mariner in UK North Sea

By OGJ editors Statoil and its partners placed an order with Noble Corp. for a newbuild, high-specification jack up drilling rig to be used in the Mariner heavy oil development in the UK North Sea. …read more Source: Oil Gas Journal  

May
13
2013

Large gain seen in Alberta oil production

By OGJ editors Bitumen will claim an increased share of sharply higher oil production in Alberta over the next 10 years, according to the provincial Energy Resources Conservation Board. …read more Source: Oil Gas Journal  

May
13
2013

Water increasingly crucial in energy policies, experts say

By Nick Snow Energy policymakers worldwide should look beyond supply security and environmental questions and consider water resource availability if they expect to succeed, experts said May 3 during a forum at the Woodrow Wilson International Center for Scholars. …read more Source: Oil Gas Journal  

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