A subsea survey for the fourth time has confirmed the integrity of the Macondo well and the associated relief wells in the deepwater Gulf of Mexico, BP plc said. The visual inspection by BP and Transocean Ltd., which owned the Deepwater Horizon drilling rig, was to see if residual oil remained trapped under wreckage. The sheen is not recoverable and poses no risk to the shoreline, the U.S. Coast Guard said. No conclusive evidence of hydrocarbons leaking was observed from the surveyed area, but a “white, cloudy substance” appeared to emanate from several places on the overturned rig. Samples were collected, and BP plans to review the results with federal officials.
Well
Articles from Well
Illinois Joins Shale Bandwagon with Bullish Report
The potential of the New Albany Shale is still unproven, industry officials said.
December 17, 2012
Dow Seeks Permit for Its Largest-Ever Ethylene Plant
Dow Chemical Co. late Monday made good on some of the “opportunities” that have come its way with the U.S. natural gas revolution by applying for a federal air emissions permit to build a $1.7 billion ethylene facility in Freeport, TX, which would be the chemical manufacturer’s biggest in the world.
December 12, 2012
West Virginia Gas Pipeline Ruptures Near Compressor Station
Authorities Tuesday said no one was killed after a 20-inch diameter transmission line owned by NiSource Inc. exploded just after midday near its Columbia Gas Transmission Lanham Compressor Station near Sissonville, WV, a rural community of 4,000 about 15 miles north of the state capital, Charleston.
December 12, 2012
Caterpillar, Ariel Partner in Well Service Pressure Pumping
Caterpillar Inc. (Cat) and natural gas compressor manufacturing firm Ariel Corp. have formed a 50-50 joint venture (JV) to provide well service pressure pumping products to the oil and gas industry, the companies said Wednesday.
December 7, 2012
Pipeliner Plains Buying Crude Rail Terminals
Plains All American Pipeline LP (PAA) is buying three crude oil rail terminals in the Eagle Ford, Bakken and Niobrara producing regions, as well as various contractual arrangements, from U.S. Development Group (USD) for $500 million.
December 6, 2012
Marcellus Infrastructure Slowdown to Slice NatGas Gains, FBR Says
An infrastructure development slowdown across the Marcellus Shale region over the next 12 months will sharply reduce the rate of production growth, to 1.3 Bcf/d from growth of 2.3 Bcf/d in the last 12 months, according to FBR Capital Markets.
December 3, 2012
TransCanada Buys BP’s Stakes in Storage Partnership
TransCanada Corp. agreed to pay BP plc C$210 million to buy out the producer’s interest in the Crossfield Gas Storage facility near Edson, AB, as well as its stakes in an affiliated marketing joint venture (JV) between the two operators.
November 26, 2012
Citing Low Prices, BG to Cut U.S. Gas Drilling
BG Group, whose global expertise is centered around natural gas, said it plans to slash U.S. drilling, as well as other global gas-weighted projects, because of low commodity prices.
November 5, 2012
BG Group Plans to Cut U.S. Drilling
BG Group, whose global expertise is centered around natural gas, on Wednesday said it plans to slash U.S. drilling, as well as other global gas-weighted projects, because of low commodity prices.
November 5, 2012
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