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oil drilling

FlexGen solid state generator operating in the Permian Basin. FlexGen)

Startup seeks to power oil drillers with hybrid energy

A recent infusion of capital helped the company fill the demand for renting its turn-key hybrid power generators.
(RJ Sangosti/The Denver Post via Getty Images)

U.S. unveils plan to limit drilling on energy-rich Colorado plateau

The compromise settled a lawsuit filed by environmentalists who want to preserve the plateau’s forests, meadows, streams and wildlife.
A Marathon Oil drilling rig works in the Bakken Shale of North Dakota. (Houston Chronicle)

Marathon Oil to sell non-core assets, boost shale

The Houston producer’s plan to get rid of conventional drilling assets comes as several other companies plan similar divestitures.
Regan McLaurin, of Industrial Solutions & Innovations, of Alvin, runs an automated hot wire tig roll out welder at the Offshore Technology Conference at the NRG Center Tuesday, May 5, 2015, in Houston, Texas. ( Gary Coronado / Houston Chronicle )

As crude slump lingers, NOV prepares to snap up bargains

National Oilwell Varco’s profits tumbled 78 percent in the third quarter as oil companies continued their retreat from the U.S. oil patch following a fresh collapse in oil prices.
(AP Photo/Gerald Herbert, File)

Senators ask SEC to probe oil companies’ risk disclosure

A dozen Democrats insist oil companies aren’t telling shareholders the gritty reality of their crude pursuits, including the environmental and financial risks of drilling in the Arctic Ocean and other frontier areas.
An aerial view of the Centenario exploration oil rig in the Gulf of Mexico. (AFP Photo/Omar Torres)

Offshore oil auction draws low interest

Just five oil and gas companies submitted sealed bids for western Gulf of Mexico acreage, ahead of Wednesday’s auction in New Orleans.
(Marcus Bengtsson/Creative Commons)

Shell-contracted icebreaker to get repairs in Oregon

The decision to stitch up a meter-long gash in the MSV Fennica at a Vigor Industrial shipyard in Oregon, rather than on site in Dutch Harbor, Alaska, is another setback for Shell.
(Photo by Andrew Burton/Getty Images)

Judge merge suits from a trio of states contesting new federal drilling rules

That lawsuit filed by the Independent Petroleum Association of America and Western Energy Alliance against Interior Secretary Sally Jewell and others is now the lead case. The state of Wyoming along with Colorado and North Dakota filed the other lawsuit.
The head office of Statoil in Stavanger, Norway.  (AP Photo / Kent Skibstad, NTB scanpix, File)

Statoil, West Virginia agree on deal for drilling under Ohio River

The Intelligencer and Wheeling News-Register reports that Norway-based Statoil plans to drill on about 474 acres of state-owned land under the river in Marshall and Wetzel counties.
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)

U.S. drillers scrambling to thwart OPEC threat

Companies are leaning on new techniques and technology to get more oil out of every well they drill, and furiously cutting costs in an effort to keep U.S. oil competitive with much lower-cost oil flowing out of the Middle East, Russia and elsewhere.