Nabors Industries Inc., the largest onshore drilling fleet operator and the biggest supplier of pressure pumping equipment, is not optimistic about seeing gains in the U.S. oil or gas patch through the rest of this year, CEO Tony Petrello said Wednesday.
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Articles from Very
ExxonMobil Says Ukraine Could Produce 1.59 Tcf by 2020
ExxonMobil Corp. said it is interested in helping Ukraine develop its oil, gas, shale gas and coalbed methane (CBM) reserves, and estimates the country’s onshore and offshore gas resources could produce 45 billion cubic meters (bcm) (1.59 Tcf) by 2020.
July 16, 2013
U.S. Producers See Growing Regulatory, Infrastructure Threats
The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.
June 10, 2013
U.S. E&Ps See Fracking Rules, Infrastructure Limits as Growing Threats
The U.S. unconventional boom is far from over, but exploration and production (E&P) operators face a “reality check” from an increasingly stringent regulatory environment and “very real limitations” to domestic natural gas and oil infrastructure, according to BDO USA LLP.
June 5, 2013
Most Challenges, Promise in Northeast, Says Williams Exec
No place in the entire world has better dry or wet gas potential than the Marcellus Shale, now “four years into a 50-year play,” but ensuring that there’s enough infrastructure for adequate takeaway will take some time, a top Williams executive said last week.
May 27, 2013
Interior Chief Assures Fracking Rules in ‘Weeks, Not Months’
The Interior Department is “very close” to releasing rules governing the use of hydraulic fracturing (fracking) of oil and natural gas wells located on public lands, Secretary Sally Jewell said last Tuesday in her first appearance before Congress. A New Jersey congressman, who said he saw a leaked copy, indicated last week that the draft rules appeared to be a water-downed version of the rules proposed last year.
May 13, 2013
Jewell: Interior to Issue Fracking Regulations ‘Very Soon’
The Interior Department is “very close” to releasing rules governing the use of hydraulic fracturing (fracking) of oil and natural gas wells located on public lands, Secretary Sally Jewell said Tuesday in her first appearance before Congress.
May 8, 2013
Survey Finds Public Support for Keystone XL, Fracking
The Obama administration’s final decision on the controversial Keystone XL oil pipeline is yet to be revealed, but a significant majority of Americans favor its construction, according to the results of a survey released Tuesday by the Pew Research Center.
April 5, 2013
Key Drilling Ban Cases Heating Up in New York Courts
Supporters and opponents of shale development in New York State will get their day in court on Thursday, when a state appellate court in Albany takes on two key cases that could ultimately decide how much power municipal governments may wield in regulating oil and natural gas activities.
March 21, 2013
Trucker Killed in Storage Tank Explosion at EQT Well in West Virginia
A tanker truck driver was killed after a storage tank at an EQT Corp. natural gas well in West Virginia exploded on Friday morning.
February 19, 2013
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