operators

Last year proved challenging for the North American oilfield sector, as operators moved rigs from natural gas to more lucrative liquids targets and an overcapacity in pressure pumping continued to impact margins. This year won’t be much better, Halliburton Co.’s management team said Friday.

A proposed Wyoming Senate bill (Senate File 157) that would require baseline groundwater testing by oil and natural gas operators before drilling begins has stirred up controversy, with industry officials questioning whether the law is needed.

Two major metropolitan transit operators in Southern California could add more than 1,000 compressed natural gas (CNG) buses from Toronto-based New Flyer Industries during 2013. The Los Angeles County Metropolitan Transit Authority is slated to add the bulk of the new CNG-powered buses. It has issued a letter of intent to award a contract worth a reported $302.9 million for 550 New Flyer buses, with an option to increase that to 900. Meanwhile, the San Diego Metropolitan Transit System is purchasing up to 165 new CNG buses from New Flyer, the 60-foot Xcelsior articulated heavy duty models. The firm order is for 47 of the buses with options for up to 118 more, according to fleet industry reports.

Energy operators are increasingly aware of competition, not just for drilling knowledge, but also for scarce global water supplies, Shell Oil Co. President Marvin Odum said last week in Houston.

This year will be a busy one for oil and gas operators in the Outer Continental Shelf (OCS) in terms of new regulations, said an official for a group representing the offshore industries.

Energy operators are increasingly aware of competition, not just for drilling knowledge, but also for scarce global water supplies, Shell Oil Co. President Marvin Odum said last week in Houston.

This year will be a busy one for oil and gas operators in the Outer Continental Shelf (OCS) in terms of new regulations, said an official for a group representing the offshore industries.

Independent exploration and production (E&P) operators in the United States have faced a funding dilemma since they began rushing into unconventionals. With more resources than capital, many have taken loans that have increased their debt, or they’ve sought out joint venture (JV) partners to pay for drilling expenses.

Independent exploration and production (E&P) operators in the United States have faced a funding dilemma since they began rushing into unconventionals. With more resources than capital, many have taken loans that have increased their debt, or they’ve sought out joint venture (JV) partners to pay for drilling expenses.