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Category: Drilling

Drilling prospects bring land rush to Illinois

It’s not a festival or the 19th century architecture that’s drawing the late-model cars from Texas, Oklahoma, Louisiana and Pennsylvania to the downtown square in this tiny, southern Illinois community.  More »
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Total says gas leak stopped at Nigeria field

French oil company Total SA said Sunday it stopped a natural gas leak at one of its plants in Nigeria’s crude-rich southern delta after 54 days, an emergency that forced the firm to shut down the field and evacuate the area.  More »
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15 firms to bid for gas drilling rights off Cyprus

Cyprus’ commerce minister says that oil firms from Russia, Italy, France, Canada, Malaysia, Israel and the U.S. are among 15 companies and consortiums seeking to carry out exploratory drilling for gas deposits off the island’s southern coast.  More »
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Cobalt remains committed to Angola after minister’s comments

Cobalt International Energy Inc., the offshore oil explorer backed by Goldman Sachs Group Inc., says it’s committed to developing oil prospects in Angola’s pre-salt basin after the government said it was free to leave.  More »
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OPEC boosts oil production for seventh month on Iraq

OPEC boosted crude production for a seventh month in April as Iraq, Nigeria and Libya raised output, according to the International Energy Agency.  More »
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Total will attempt to plug leaking Elgin well within days

Total SA, Europe’s third-largest oil producer, plans to begin within days an attempt to plug a North Sea well that has leaked natural gas for almost seven weeks.  More »
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Oil boom resurrects North Dakota ghost town

For more than three decades, Kerry and Darrell Finsaas were all that kept this blink-and-you-miss-it North Dakota community from becoming completely deserted.  More »
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Column: Alaska whaler wins $150K Goldman Prize for oil fight

The Cafe du Parc at the Willard InterContinental Hotel in Washington is bustling with D.C. tourists and buttoned-down business travelers.  More »
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Salazar: lizard might not be listed as endangered

U.S. Interior Secretary Ken Salazar said Wednesday that the dunes sagebrush lizard might not be listed as endangered if enough energy companies and ranchers voluntarily agree to preserve the sand-dwelling reptile’s habitat.  More »
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Interest in SD oil and gas leases continues

Similarities in underlying rock formations continue to fuel speculation that South Dakota might have petroleum reserves like those now fueling the oil boom in North Dakota.  More »

BP system to cap wells able to get there by air

Sitting at a construction yard along Houston’s Ship Channel is a 35-foot-tall, 100-ton hunk of steel that its owners hope never to use.  More »

BP Gulf spill judge orders Jan. 14 trial on U.S. claims

The judge presiding over the BP Plc litigation tied to the 2010 Gulf of Mexico oil spill set a Jan. 14 trial date to determine fault for the sinking of the Deepwater Horizon drilling rig and resulting undersea leak.  More »