The natural gas and oil industry has hit the skids since the middle of 2014, but the subsector that’s fallen into the well in the offshore could remain underwater through 2017 and “potentially longer,” according to analysts with Raymond James & Associates Inc. Gulf of Mexico operators shared similar sentiments last week.
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Articles from Shelf
OCS Governors Demand More Control of Coastal Drilling
States should have the authority to decide the level of activity on the Outer Continental Shelf (OCS), a group of Republican governors said this week at the Offshore Technology Conference (OTC) in Houston.
OCS Governors Demand More Control of Coastal Drilling
States should have the authority to decide the level of activity on the Outer Continental Shelf (OCS), a group of Republican governors said this week at the Offshore Technology Conference (OTC) in Houston.
Feds to Study Airborne Emission Impacts at Shale Sites
The National Institute for Occupational Safety and Health (NIOSH) and the National Energy Technology Laboratory (NETL) have signed an interagency memorandum of understanding (MOU) to begin researching the effects of human exposure to airborne emissions from shale gas drilling sites.
Apache, Energy XXI to Explore Salt Dome Structures
Energy XXI Ltd. has a deal with Apache Corp. to explore some salt dome structures on the Outer Continental Shelf in the Gulf of Mexico (GOM).
Gas Groups Urge Speaking as One to Fight Fracking Fears
Natural gas groups Wednesday said they were hopeful the Obama administration will provide a more cohesive energy policy during the president’s second term, at the same time urging various industry segments to speak to lawmakers and the public with one voice on hydraulic fracturing (fracking).
NOIA: Offshore Industry Braces for More Regulations
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.
NOIA: Offshore Regulators Face Busy Regulatory Year
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.
Big Sky Gains Entry into Texas Wolfcamp/Wolfberry
Big Sky Petroleum Corp. has acquired a 90% working interest in an initial lease block of more than 2,300 net operated acres on the eastern shelf of the southern Midland Basin in West Texas. The deal gives the Vancouver, BC-based company entry into the Wolfcamp/Wolfberry play.
Halcon Bulks Up in North Dakota
Halcon Resources Corp. on Monday said it is acquiring a shelf of oil-weighted producing and undeveloped properties in the Williston Basin in a cash-and-equity transaction with Petro-Hunt LLC worth $1.45 billion.