Tag: operations
Flawed anti-fracking studies debunked, used by fractivists anyway
TEDX also claimed natural gas wells responsible for dangerous levels of chemicals found in air quality samples Ed. note: EnergyInDepth is an industry-funded and focused website. Despite the bias, we run these op-eds because they are generally well researched and contain plenty of links the reader can follow to do further research and come to their own […]
“Risk of harmful health effects is low” for residents living near oil & gas operations
Despite significance of findings, report received almost no press attention by Courtney Loper, EnergyInDepth Last month at an oil and gas forum in Broomfield, Colorado, the Colorado Department of Public Health and Environment (CDPHE) released a landmark health assessment found that “the risk of harmful health effects is low for residents living [near] oil and gas […]
US solar developer 8minutenergy Renewables expands operations into Texas
8minutenergy Renewables built the world’s largest solar PV farm, 800 MW Mount Signal project in California SAN FRANCISCO & HOUSTON-8minutenergy Renewables, LLC, a solar developer in the United States, announced at the Gulf Coast Power Association Fall Conference in Austin, Texas the company has formally expanded operations into Texas. 8minutenergy recently opened an office in Houston to drive […]
Schlumberger releases 16,000 employees in 2016 amid weak Q2 results
US land rig count fell by 25% in second quarter Schlumberger released it’s second quarter results, and while it’s revenue is up 10 per cent from last quarter, at $7.2 billion, it’s all attributed revenue gained from the merger with Cameron International Corporation, which finalized April 1. North American revenue decreased 12 per cent, while international revenue decreased 9 per cent. “In the […]
Western Petroleum buys Texas Gulf Coast assets to accelerate M&A growth
Deal includes 73,100 acres with daily production of 15,700 mcfpd and 122 bopd current production IRVING, Texas – International Western Petroleum, Inc. has announced it executed an agreement to purchase all assets of a privately held Houston-based E&P company in the Texas Gulf Coast region. The acquisition, which consists of three phases, includes assets with current […]
MDU Resources completes sale of oil and natural gas assets
The company expects to reinvest proceeds in excess of debt repayments into its other business units, including the utility operations’ $1.5 billion, five-year capital expenditure program BISMARCK, North Dakota – MDU Resources Group, Inc. announced today that it has finalized the sale of its last marketed oil and natural gas production property. This completes the sale of […]
American Midstream starts up East Texas Rail Facility
East Texas Rail Facility is located adjacent to American Midstream’s Longview operations American Midstream Partners, LP has announced the completion and commencement of operations at the East Texas Rail Facility, allowing for receipt and delivery of natural gas liquids and condensate by rail to the Longview processing plant, located in the heart of the Cotton Valley […]
Venoco files voluntary Chapter 11, reaches agreement with lenders
Venoco says it will continue normal operations and meet its financial obligations throughout restructuring process DENVER, CO – Venoco, Inc. has announced that it has reached an agreement with its senior lenders to reduce the company’s debt load and restructure the balance sheet. “Today’s announcement represents another significant step in our ongoing efforts to address the challenges […]
Canada’s oil sands workforce impacted by shift from expansion to maintenance
At peak construction, oil sands still require 38,000 construction workers to maintain operations, could hire 9,500 operations positions A shift in Canada’s oil sands sector from growth and expansion to improving the reliability and performance of existing operations will have long-term impacts on the sector’s workforce requirements. By 2020, the sector will experience a decrease in […]
Basic Energy Services sees slight improvement in January
Drilling rig days for the month were 31 producing a rig utilization of 8 per cent, compared to 12 per cent and 74 per cent in Dec. 2015 and Jan. 2015 Fort Worth-based Basic Energy Services, Inc. says Jan. operating data improved over the month before despite sharply lower oil prices. On Friday, Basic Energy reported […]
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