Drill

Approved applications for permits-to-drill (APD) in Colorado are up 4% from the same time a year ago and are on pace to break all previous records, the Colorado Oil & Gas Conservation Commission (COGCC) said in a report issued Monday.

The rush to drill for oil and natural gas in five Rocky Mountain states is threatening endangered species and is locking out hunters and fisherman from western lands, the Environmental Working Group (EWG) and National Wildlife Federation (NWF) said in a report last Wednesday. Their report further claimed that the amount of natural gas produced in the region has been “modest,” and not enough to justify “runaway drilling.”

The rush to drill for oil and natural gas in five Rocky Mountain states is threatening endangered species and is locking out hunters and fisherman from western lands, the Environmental Working Group (EWG) and National Wildlife Federation (NWF) said in a report Wednesday. Their report further claimed that the amount of natural gas produced from the region has been “modest,” and not enough to justify “runaway drilling.”

ExxonMobil Corp. has been given permission to drill more natural gas wells in the Piceance Basin of northwestern Colorado. The new wells will be in an existing gas field under development since the 1950s.

The Bureau of Land Management (BLM) approved a proposal by ExxonMobil Corp. to drill more natural gas wells in the Piceance Basin of northwestern Colorado. The new wells will be in an existing gas field under development since the 1950s.

Rock icon Meat Loaf might have sang, “You’ll never drill for oil on a city street,” but that’s not stopping Chesapeake Energy Corp. from attempting to tap natural gas below the Dallas-Ft. Worth International Airport (DFW).

Every year Gulf of Mexico Continental Shelf producers drill deeper holes to produce less gas from reserves that deplete faster. And then Mother Nature gives them a whupping (or several) during hurricane season.

Anadarko Petroleum Corp. has teamed up with Chevron Corp. to drill four deepwater Gulf of Mexico (GOM) prospects. Under the agreement announced Wednesday, Anadarko will pay a disproportionate share of the drilling costs to earn a 20-25% working interest in two appraisal wells and two exploration wells scheduled to be completed by midyear 2006. Anadarko will also gain rights in 29 deepwater Gulf of Mexico blocks.

A record number of applicants want to drill for natural gas and crude oil in the United States, with the combined permit total 4.7% higher than the same period in 2004, according to a survey by the Interstate Oil and Gas Compact Commission (IOGCC). Of 24 states surveyed, 19 had higher well permits during the period, and most were for natural gas wells.