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In this Friday, May 22, 2015 photo provided by Reese Semanko, a woman identified as Chiara Rose has suspended herself in a climbing harness from the anchor chain of the Royal Dutch Shell support ship Arctic Challenger in the harbor at Bellingham, Wash.(Reese Semanko via AP)

Updated: 2 people chained to Shell ship north of Seattle

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Two people have chained themselves to a support ship that is part of Royal Dutch Shell’s exploratory oil drilling plans and currently moored in Washington state.
(Photo by Eddie Seal for Bloomberg News)

Analysts: Eagle Ford drilling will get a lot cheaper by mid-2016

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The oil slump hasn’t stopped producers in the South Texas play from getting better at targeting oil-rich rock in lateral sections of their horizontal wells.
Activists who oppose Royal Dutch Shell's plans to drill for oil in the Arctic Ocean prepare their kayaks for the "Paddle in Seattle" protest on Saturday, May 16, 2015, in Seattle. (Daniella Beccaria/seattlepi.com via AP)

Anti-Arctic drilling kayaktivists hold ‘Shell No’ protest

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Kayakers gathered in formation and hoisted signs and banners that read: “Climate Justice,” ”Oil-Free Future,” ”Shell No, Seattle Draws The Line,” and “We can’t burn all the oil on the planet and still live on it.”
(Spencer Platt/Getty Images)

Just 38 miles apart, one Texas oil town is still booming and the other is dead

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For the townspeople of Karnes City, it’s like nothing ever changed: Roughnecks pack into Stripes gasoline station by the dozens to load up on Doritos and Slim Jims at the end of their shift; giant drilling rigs dominate the horizon in all directions; and the roar of tanker trucks and industrial machinery is never-ending.
The Ocean Monarch (Image: Diamond Offshore)

Diamond Offshore sees drilling rig downturn ‘lower for longer’

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Exploration and production customers have canceled more than $4 billion of future work for offshore rig owners globally, Chief Executive Officer Marc Edwards said Monday on a first- quarter earnings conference call.
(Ty Wright/Bloomberg)

U.S. oil rig count falls again

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U.S. oil companies sidelined 24 oil-drilling rigs this week, according to Baker Hughes’ rig count released Friday, dropping the number of active oil rigs to 679.
(Dave Schumaker/flickr)

Report: Man-made earthquakes shake over a dozen areas in US

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The man-made quakes jolted once stable regions in eight states, including parts of Alabama, Arkansas, Colorado, Kansas, New Mexico, Ohio, Oklahoma and Texas, according to researchers at the U.S. Geological Survey.
ConocoPhillips operations in the Eagle Ford Shale in South Texas.

As costs fall, companies may start completing wells again

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Oil companies keeping thousands of barrels of crude off the market by drilling but not completing wells may soon start flooding the market again.
Noble Energy will drill exploration wells off the coast of the Falkland Islands, the company announced Wednesday.

Noble Energy doubles down in Falkland Islands

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The Houston-based oil company announced Monday that it has scooped up additional acres offshore the Falkland Islands and plans to start drilling there this year despite opposition from Argentina’s government.
Rigs stacked at a business 20 miles west of Farm-To-Market Road 1788 photographed Tuesday, Feb. 24, 2015. (AP Photo/Reporter-Telegram, James Durbin)

Report: Drilling activity could rebound as service costs fall

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The number of wells will fall this year, but drilling should recover by next year as oil companies “seize their chance to drill at lower cost,” the report notes.