Although the House Energy and Commerce Committee’s investigation of the Deepwater Horizon rig blowout and spill is in its early stages, Committee Chairman Henry Waxman (D-CA) Wednesday said the committee has uncovered major discrepancies in the accounts of some of the companies.
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W&T Seeking Oiler Plays, Sees Pricey Reserves
W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”
W&T Looking to Oilier Plays, Says Reserves Too Pricey
W&T Offshore Inc. CEO Tracy W. Krohn called the April 20 explosion and sinking of Deepwater Horizon and the resulting oil spill in the Gulf of Mexico (GOM) a terrible accident and said W&T is willing to help in any way “as most companies would be in our industry.”
Leaking GOM Well Flowing About 1,000 b/d
Last week’s sinking of Transocean Ltd.’s Deepwater Horizon rig following an apparent well blowout went from tragic to worse over the weekend as oil began leaking from the well the rig had been drilling on Mississippi Canyon Block 252 (MC252). Last Friday evening the search for 11 missing crew members was abandoned.
Leaking GOM Well Flowing About 1,000 b/d
Last week’s sinking of Transocean Ltd.’s Deepwater Horizon rig following an apparent well blowout went from tragic to worse over the weekend as oil began leaking from the well the rig had been drilling on Mississippi Canyon Block 252 (MC252). Last Friday evening the search for 11 missing crew members was abandoned.
Return to ‘Heroic’ Gas, Oil Prices Not Likely, Says Moody’s
A return the “heroic oil or natural gas prices” of recent years is not on the horizon, and in fact, prices likely will fluctuate seasonally between $3/Mcf to $5/Mcf over the next 12 months and average under $6 for at least a year after that, a Moody’s Investors Service analyst said last week.
Return to ‘Heroic’ Gas, Oil Prices Not Likely, Says Moody’s
A return the “heroic oil or natural gas prices” of recent years is not on the horizon, and in fact, prices likely will fluctuate seasonally between $3/Mcf to $5/Mcf over the next 12 months and average under $6 for at least a year after that, a Moody’s Investors Service analyst said Tuesday.
Much of East Still Soft; Midcontinent, West See Gains
Major increases in heating load were just over the horizon but not substantive enough for Friday to prevent further price losses Thursday in the Gulf Coast, Northeast and Midwest. But most points in the Midcontinent and West recorded increases.
Toyota to Enter Natural Gas-Powered Vehicle Market
The day of the commercially viable natural gas-powered vehicle (NGV) may be on the horizon: Toyota Motor Sales USA Inc. (TMS) will display a compressed natural gas (CNG) Camry Hybrid concept vehicle at the Los Angeles Auto Show in November, the company said.
Toyota to Enter Natural Gas-Powered Vehicle Market
The day of the commercially viable natural gas-powered vehicle (NGV) may be on the horizon: Toyota Motor Sales USA Inc. (TMS) will display a compressed natural gas (CNG) Camry Hybrid concept vehicle at the Los Angeles Auto Show in November, the company said.