There were a total of 1,986 oil and gas drilling rigs working in the US this week, up by 12 units from last week.
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OFFSHORE OIL DRILLING
The quest for fossil fuel at home is far from over. Soaring prices of gasoline has opened up the debate on whether Washington should revisit the 1981 moratorium on U.S. offshore oil drilling. Whatever is decided will have a huge impact on the oil companies and the U.S. economy.
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Recent news on this topic.
Production from unconventional liquids plays could result in the US becoming independent from oil imports before 2020,...
Iran has made an oil discovery in its sector of the Caspian Sea, which it claims could contain around 7bn-10bn bl of...
Today the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President...
Shell still needs to obtain approvals from the Interior Department and Fish and Wildlife Service before it gets the...
Three major lessons learned by the USCG were: Safety gaps, Risk analysis for fire/explosion and Drill floor...
2012 OTC to Feature Satellite Communications Solutions for Offshore Industries, NewSat Vice-President Tom Wright will...
Most of this loss was in land drilling operations, which was off 26 units to 1,878 rigs working. There were 45 rigs...
Australia, Commonwealth of: Latest breaking news - NewSat to feature Ka band satellite capacity at the 2012 OTC.
The Offshore Technology Conference (OTC) in Houston promotes the development of offshore resources in the fields of...
African Petroleum Corp. Ltd., Perth, has secured the Ocean Rig UDW Eirik Raude deepwater fifth generation...
A combination of a high oil prices, improving technology and a more favorable fiscal policy is seeing interest in Irish...
The U.S. oil rig count rose to a new record last week as energy companies boosted exploration to take advantage of...
After a yearlong oil drilling moratorium, BP and other companies have intensified exploration and production in the...
Statoil is offering a new type of drilling rig for mature fields on the Norwegian continental shelf.
BP may have resolved some of the claims it faced over the 2010 Gulf of Mexico oil spill with a $7.8bn deal to...
Plaintiffs who haven’t received compensation yet can take money from the settlement, opt out and apply to a BP-run...
BP and plaintiffs involved in the legal battle over the Deepwater Horizon disaster in the Gulf of Mexico have reached...
The rig count for the week ended Mar. 2 was up by 282 rigs from the comparable period a year ago, Baker Hughes Inc.
BP and Anadarko Petroleum have been exposed to billions of dollars in potential fines after the judge who will oversee...
Decision allows the US government to pursue civil penalties
Nigeria Wednesday renewed ExxonMobil licenses for another 20 years on three oil blocks which together produce 500,000...
The rig count for the week ended Feb. 10 was up by 268 rigs from the comparable period a year ago, Baker Hughes Inc.
The sale will include all available unleased areas in the Central Planning Area offshore Louisiana, Mississippi and...
Top Sources: Offshore Oil Drilling
- science.howstuffworks.com
- ogj.com
- BusinessWeek
- US News
- ap.google.com
- ft.com
- bloomberg.com
- Washington Post
- pennenergy.com
- St. Petersburg Times
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