Fuel Fix

Cleanup of oil spill at ND farm to take 2 more years

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FILE - This Oct. 11, 2013 file photo shows cleanup at the site of an oil pipeline leak and spill near Tioga, N.D. (AP Photo/Kevin Cederstrom, File)
“It’s now just become part of our lives,” Patty Jensen said of the massive spill from a Tesoro Corp. pipeline that was discovered in September 2013 by her husband.
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)

A single oil rig was shut down last week, extending six month decline

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As the price of oil seemingly began to stabilize for now near $60 a barrel, the U.S. oil rig count slowed its pace of decline down to a crawl. The number of U.S. oil rigs is now at 659, according to Baker Hughes data, after dropping by eight oil rigs a week prior.

With a depth of investigation exceeding 100 feet, the GeoSphere reservoir mapping-while-drilling service reveals subsurface layers and fluid contacts to increase production potential. (Schlumberger)

OTC Tech Awards: Schlumberger’s GeoSphere gives operators a better view deep underground

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Using multiple frequency electromagnetic transmitters, the GeoSphere service provides a larger, more accurate picture of a reservoir than ever before, all while drilling continues, so operators can make decisions earlier.
Categories: OTC
Lee Tillman, CEO of Marathon Oil (Marathon)

OTC Commentary: Marathon CEO says U.S. crude oil policies are antiquated

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Marathon Oil CEO Lee Tillman writes that the U.S. shale revolution needs a bigger funnel for the glut of crude it has created.
Categories: OTC

Elmer "Bud" Danenberger III. Danenberger is being honored with the OTC Distinguished Achievement Award for Individuals for his contributions to the industry. (OTC)

OTC: Award recepient’s first job after retiring from a 38-year Interior Department career was investigating the BP oil spill

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Elmer Danenberger is being honored with the OTC Distinguished Achievement Award for Individuals for his contributions to the industry.
Categories: OTC
WiSub project manager Olof Nilsson with Maelstrom pinless subsea connector. (WiSub)

OTC Tech Awards: WiSub helps deepwater developers maintain power and data connections from the sea floor

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In today’s undersea oil and gas industry, an astounding amount of data and power runs up and down the drillstring and out across the seafloor. It’s a constant struggle to send power down and data up.
Categories: OTC
societyukenergyreception05

OTC: Brits celebrate at 15th anniversary energy reception

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More than 600 enthusiastic Offshore Technology Conference participants charged into the Hilton Post Oak on Monday evening for the 15th Annual UK Energy Excellence Reception.
Categories: OTC
Spotlight on New Technology awards at the Offshore Technology Conference at the NRG Center Monday, May 4, 2015, in Houston, Texas. ( Gary Coronado / Houston Chronicle )

OTC panel: Women need to ask for better jobs in a male-dominated industry

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Men do not have much difficulty asking for a better job even if they only have 20 percent of the qualifications, said Christina Sistrunk, vice president of Arctic capability for Shell.
Categories: General
(Photographer: Jamie Schwaberow/Bloomberg)

Anadarko writes down $3.7 Billion in value from Utah field

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Anadarko Petroleum Corp. reported its biggest quarterly loss in more than a decade after writing down the value of a single field in Utah by $3.7 billion.