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Texas Operators Completing More Gas Wells, Far Fewer For Oil

Texas Operators Completing More Gas Wells, Far Fewer For Oil

Texas drilling permit activity in March fell to less than half the level of one year ago while operators reported 48% fewer oil well completions and 12% more natural gas well completions compared to March 2014, according to the Railroad Commission of Texas (RRC).

April 28, 2015

Colorado Joins Challenge to BLM Fracking Rules

Colorado is the third oil/gas producing state to join legal challenges to the federal Bureau of Land Management’s (BLM) proposed rules for hydraulic fracturing (fracking) on public and tribal lands.

April 28, 2015

Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn't see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015

Wyoming GTL Plans Face Renewed Uncertainty

With the pullout of a natural gas supplier, plans for a gas-to-liquids plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.

April 27, 2015

‘Competitive Pricing Tension’ Dominates Customer Conversations, Says Precision Drilling Chief

Stung by low demand for land drilling services across North America, Precision Drilling Corp. has consolidated three operating facilities, reduced its salaried workforce by 14% and cut its field employees by 2,500, but CEO Kevin Neveu said Monday he's hopeful he can bring back many of those laid off once activity levels improve.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don't work separately, work together, Statoil ASA CEO Eldar Saetre said…

April 27, 2015

Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn’t see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015

Wyoming GTL Plans Face Renewed Uncertainty

With the pullout of a natural gas supplier, plans for a gas-to-liquids (GTL) plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.

April 27, 2015

‘Competitive Pricing Tension’ Dominates Customer Conversations, Says Precision Drilling Chief

Stung by low demand for land drilling services across North America, Precision Drilling Corp. has consolidated three operating facilities, reduced its salaried workforce by 14% and cut its field employees by 2,500, but CEO Kevin Neveu said Monday he’s hopeful he can bring back many of those laid off once activity levels improve.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don’t work separately, work together, Statoil ASA CEO Eldar Saetre said last week.

April 27, 2015