Archives May 2015

May
4
2015

OTC: BP’s Dupree outlines new model for offshore technology development

Operators are changing their approach to offshore technology development because of its increasing scale and pace, said James Dupree, BP’s chief operating officer, reservoir development technology. …read more Source: Oil Gas Journal   

May
1
2015

BLM fracing variance inadequate, Wyo. official tells Senate panel

The US Bureau of Land Management’s final hydraulic fracturing rule allows states with their own requirements to seek a variance under which their rules would apply if they were more stringent, BLM Director Neil Kornze told a US Senate Energy and Natural Resources subcommittee. But Mark Watson, Wyoming state oil and gas supervisor, said BLM […]

May
1
2015

BHI: US rig count loses 27 units, down 1,015 units since Dec. 5

The US drilling rig count fell 27 units—all on land—to 905 rigs working during the week ended May 1, according to data from Baker Hughes Inc. The count has now plunged 1,015 units over 21 weeks since the week ended Dec. 5. …read more Source: Oil Gas Journal   

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