Breakthrough

In the bush around the Norman Wells inlet to the most northerly oil conduit on the continent, six producers have snapped up 8,998 square kilometers (3,473 square miles) of drilling rights leases by pledging to spend C$534 million on exploration over the next nine years.

A breakthrough borehole imaging system developed by Technology International Inc. may push the limits of “seismic-while-drilling” technology to enable producers to more easily find natural gas and oil reserves, the Department of Energy (DOE) said Wednesday.

A U.S. Department of Energy (DOE) project is turning stranded natural gas at marginal or low-production oilfields into fuel for distributed electric power. The breakthrough is bringing previously idle oilfields back into production and could boost domestic oil production by some 28 million b/year within the next 10 years.

A U.S. Department of Energy (DOE) project is turning stranded natural gas at marginal, or low-production, oil fields into fuel for distributed electric power. The breakthrough is bringing previously idle oil fields back into production and could boost domestic oil production by some 28 million b/year within the next 10 years.

In what was seen as a major breakthrough for the retail market, the New York State Public Service Commission (NYPSC) last Wednesday voted out policy statements and an order promoting further development of retail natural gas and electric competition for small consumers in the state.

In what was seen as a major breakthrough for the retail market, the New York State Public Service Commission (NYPSC) Wednesday voted out policy statements and an order promoting further development of retail natural gas and electric competition for small consumers in the state.

While a breakthrough in aboriginal relations is about to dismantle a long-standing political obstacle to natural gas production and pipeline development in the Northwest Territories, the Canadian government and the industry stand warned that the problem of accessing native territory and rights could escalate.

While a breakthrough in aboriginal relations is about to dismantle a long-standing political obstacle against natural gas production and pipeline development in the Northwest Territories, the Canadian government and the industry stand warned that the problem of accessing native territory and rights could escalate.

Unless there is a “major breakthrough in the Lower 48” in the next five years, Houston-based Apache Corp.’s COO sees its energy future outside of the United States, most likely in Canada, Egypt and Australia. F. Steven Farris also told Banc of America Securities Conference attendees that Apache plans to soon sell $250 million in assets, mostly related to a recent Canadian acquisition.