Fuel Fix

(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.

U.S. oil rig count jumps up by a dozen, the first increase in 2015

on
(Photo by Eddie Seal for Bloomberg News)
The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.
(AP Photo/Gerald Herbert, File)

BP to settle Deepwater Horizon claims for $18.7 billion

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BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
Categories: featured, Gulf oil spill

    Jeff Allyn, a derrick hand with Raven Drilling, pauses with a cup of coffee while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. (Andrew Burton/Getty Images)

    Shale drillers’ safety net is vanishing

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    SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
    Categories: featured, Shale
(Photo: Loozrboy/Flickr)

Koch ends plans for pipeline to Illinois from Bakken

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Koch Pipeline Co. called off plans to build a 250,000-barrel-a-day crude line to Illinois from North Dakota’s Bakken formation, where a shale boom has helped lift domestic production to the highest in a quarter-century.
Categories: Pipelines, Shale
US Secretary of Energy Ernest Moniz speaks during a meeting at the National Industry Confederation headquarters in Brazil on August 16, 2013. (Evaristo SAEVARISTO SA/AFP/Getty Images)

Moniz: Natural gas risks can be ‘managed’

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Environmental concerns surrounding domestic natural gas production are surmountable, Enregy Secretary Ernest Moniz said Wednesday.

Kurt Mix (center) arrives at the Hale Boggs Federal Building in New Orleans, Tuesday, Dec. 3, 2013.  (AP Photo/Jonathan Bachman)

Ex-BP engineer to seek judge’s recusal from case

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Lawyers for a former BP engineer convicted of trying to obstruct an investigation of the company’s 2010 Gulf oil spill plan to seek the disqualification of the federal judge who presided over the trial last month.
(AP Photo/Matthew Brown)

Drug case highlights underside of Bakken boom

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Authorities seeking to curb rising crime rates within once-quiet rural communities along the Montana-North Dakota border.
A crewman directs a pipe on a site for TransCanada's Keystone XL project in Wood County, Texas, in 2012. (Cody Duty / Houston Chronicle)

Keystone XL helps crude prices rise

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Natural gas futures shot up almost 6 percent as temperatures in many parts of the Northeast dropped.

Eagle Ford, Cline Shale spur UTSA to offer oil and gas certificate

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The University of Texas at San Antonio  College of Engineering has a new oil and gas certificate for undergraduate students. The certificate is offered through the school’s Department of Mechanical Engineering in response for the need for engineers in two big Texas shale plays – the Eagle Ford and the Cline Shale. UTSA mechanical engineering faculty […]
Categories: Uncategorized

Eagle Ford Consortium Conference set for April

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Registration is open for the third annual Eagle Ford Consortium Conference at the Convention Center from April 21 to 23. Speakers will include Rod Skaufel, BHP Billiton Petroleum president of North America shale production, Carlos Rubinstein, chairman of the Texas Water Development Board, and San Antonio Mayor Julián Castro. The title of the conference is “Driving the 21st […]
Categories: Uncategorized