Halliburton Estimates 3,500 Uncompleted Wells in U.S. Onshore

Demand for oilfield services from North America’s unconventional resource drillers continues unabated and Halliburton Co. could complete contracts “in any terms we wanted to dictate at this point in time,” CEO Dave Lesar said Monday.

April 19, 2011

Schlumberger COO: U.S. Shale Technology Not Easily Transferred

The “brute force” drilling process that unlocked North America’s shale deposits won’t easily be transferred overseas, Schlumberger Ltd. COO Paal Kibsgaard said Wednesday.

February 28, 2011

EXCO Reserves Climb as Company Shops Itself

Dallas-based EXCO Resources Inc. on Thursday credited drilling success in the Haynesville Shale for “a significant increase” in proved reserves. The company also said it is shopping for offers that would compete with a buyout proposal it received from its CEO late last year.

January 14, 2011

Industry, Enviro Groups Forming Fracking Coalition

Oil and natural gas producers and environmental groups routinely have been at odds with each other over the practice of hydraulic fracturing (fracking), but they are now working together to draft a framework for regulation.

November 3, 2010

California Senators, NTSB Official Tout Automatic Shutoff Valves

U.S. senators representing California Tuesday said they believe the pipeline explosion in San Bruno, CA, earlier this month would have been far less of a disaster if the Pacific Gas and Electric (PG&E) line had automatic shutoff valves.

September 29, 2010

Halliburton Battling on Two Fronts — Gulf and Capitol Hill

A high-ranking Halliburton executive Tuesday said he doesn’t believe drilling in the offshore — both in shallow water and deepwater — can remain at a standstill for long as a result of the Deepwater Horizon rig explosion and oil spill in the Gulf of Mexico (GOM).

May 26, 2010

GasMart 2010: LNG Not Coming to a Terminal Near You

Don’t believe the reports that more liquefied natural gas (LNG) shipments are headed to the United States this year, an executive with GDF-Suez Gas North America (GSGNA) said last week.

May 17, 2010

LNG: Not Coming to a Terminal Near You

Don’t believe the reports that more liquefied natural gas (LNG) shipments are headed to the United States this year, said an executive with GDF-Suez Gas North America (GSGNA).

May 14, 2010

Senate Democrats Provide Copenhagen Guidance to President

Nine centrist Democrats led by Sen. Arlen Specter of Pennsylvania Thursday sent a letter to President Obama spelling out the principles that they believe should be the core of any international climate policy negotiated in Copenhagen, Denmark.

December 4, 2009

Report: Oil, Gas Could Suffer as Climate Changes

More than three-quarters of the world’s oil and gas companies surveyed believe climate change could impact their business: increasing downtime, system failures and safety; but only 19% are taking action, according to an Acclimatise report sponsored by IBM.

November 9, 2009
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