Equipment

Patterson-UTI Buying Gulf Coast Pressure Pumping Horsepower

A unit of Patterson-UTI Energy Inc. is growing its Gulf Coast region operations by acquiring pressure pumping assets that will support activities in the Eagle Ford and Haynesville shales.

September 19, 2014
Death of New Rig Orders ‘Greatly Exaggerated,’ Says NOV Chief

Death of New Rig Orders ‘Greatly Exaggerated,’ Says NOV Chief

National Oilwell Varco Inc. (NOV), one of the leading high technology manufacturers for the upstream, is seeing some “green shoots” of growth in North America’s onshore, in part because drilling equipment is wearing out, and because customers are demanding the best components available, CEO Pete Miller said Friday.

January 31, 2014

Industry-Backed Education Centers Open in Oklahoma, Wyoming

Two centers backed by major industry leaders opened in September in the heart of the nation’s western oil/gas production areas: a state-of-the-art center for teaching the latest advances in natural gas compression in Oklahoma, and a digital rock physics laboratory in Wyoming.

September 27, 2013

Colorado Finds Three More Post-Flood Oil Spills

Colorado officials on Tuesday reported three new flood-related oil spills since an assessment the day before (seeDaily GPI,Sept. 24), bringing to 11 the number of what are designated as “notable releases” by the Colorado Oil/Gas Conservation Commission (COGCC).

September 26, 2013

Set Standards Before Drilling in U.S. Arctic Ocean, Says Pew

The search for natural gas and oil in ever more remote regions is drawing more prospectors to the U.S. Arctic Ocean, which includes Alaska waters, but there aren’t enough safeguards in place to ensure accidents can be managed, according to The Pew Charitable Trusts.

September 24, 2013

Colorado Floods Worsen Impact on Gas Service, E&P

Xcel Energy on Sunday reported new heavy rain storms in already flooded areas in Colorado, further hampering efforts to assess the condition of natural gas pipelines and equipment. On Sunday, the combination utility said there were approximately 4,070 customers without gas service, up from the 2,500 total last Friday (see related item).

September 18, 2013

EPA Extends Deadline for Comments on Fracking

The Environmental Protection Agency (EPA) has extended the deadline from April 30 until Nov. 15 for the public to submit data and scientific literature as part of the agency’s study of the potential impacts of hydraulic fracturing (fracking) on drinking water sources.

May 3, 2013

Reducing the ‘Drag’ Delivers Oil, Gas Faster, Says PwC

Master integrated planning in the shale natural gas and liquids markets reduces working capital and makes the end-to-end process more consistent and predictable, according to an analysis by PwC.

April 1, 2013

Obama Officially Announces Picks for DOE, EPA

President Obama Monday gave his official nod to nuclear physicist Ernest Moniz as nominee for secretary of the Department of Energy (DOE), and to Environmental Protection Agency (EPA) air pollution official Gina McCarthy to head up the EPA.

March 5, 2013

Industry Brief

A proposal to cut down on flared associated natural gas supplies in the Bakken was rejected by the North Dakota Senate Wednesday on a 34-13 vote. The measure (SB 2315) by Sen. Tim Mathern would have eliminated any hardship exemptions to the state’s ban after a year. Viewed as one of the toughest proposals to combat flaring yet, SB 2315 was strongly opposed by the industry, led by the North Dakota Petroleum Council (see Shale Daily, Feb. 12). State officials increasingly have worried about flaring, which has stayed above 30%, but below a September 2011 record of 36%. Senators opposing the measure urged patience in letting the industry address the problem. Even with the ability to flare gas for a year without paying taxes or royalties, and beyond that to seek hardship status for extending the practice, some operators are trying to find uses for the gas, including using it to produce electricity to run hydraulic fracturing equipment, and to produce fertilizer (see Shale Daily, Dec. 26, 2012).

February 15, 2013