Oil Wells

22 Dead In Qingdao Oil Pipeline Blast

A new study led by researchers with Colorado School of Mines exposes limitations with the current methods used to detect chemicals in oilfield wastewater and offers solutions to help regulators make better decisions for managing this waste stream. Oilfield wastewater is extremely salty and can contain multiple combinations of many potentially harmful chemicals (approximately 1600 on a… Keep reading →

Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

Slow and steady wins the race, according to Chevron, a company that is actually increasing its US upstream capital budget this year. Chevron started slow in the Permian Basin and watched what other companies were doing while it honed its drilling strategy. Now that oil prices are considerably lower than they were at the beginning… Keep reading →

Bread and Oil: California's Central Valley

The “out there” in this case is the Permian Basin in West Texas where Pioneer Natural resources has over 20,000 drilling locations. With over 10,000 net producing wells currently operating, the company has a significant drilling inventory that it plans to tap over the long term, assuming oil prices remain above $80 per barrel and… Keep reading →

Three Gorges Dam Project To Be Completed On May 20, 2006

The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →

British Prime Minister David Cameron Total Oil Depot Visit

  The Environmental Protection Agency recently released its draft inventory of annual U.S. greenhouse gas emissions. Reporting 2012 data, the inventory estimates methane emissions coming from natural gas and petroleum systems at around 7.6 million metric tons – that’s enough natural gas to provide energy to over 7 million homes annually. This new estimate when compared… Keep reading →

Work Progresses On Iraqi Electrical Grid One Year After War

The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →

Surging Oil Industry Brings Opportunity To Rural California

The Wattenberg field is not a new shale play you are just hearing about, it’s produced 2.8 Tcf of gas since its discovery in 1970 and much of that output was made possible by hydraulic fracturing. This Forbes piece argues fracking is not new or untested, as many opponents claim, and the practice has been… Keep reading →

In Wyoming, Neglected Orphan Wells May Soon Get Support

Erin Brockovich Alledges Urban Oil Cancer Danger

Business is booming right now for the American oil and gas industry, which has fueled economic growth in major oil and gas producing states, including Wyoming. But what will happen when the music stops? When the boom cools – as booms inevitably do ­­­– will states be left holding the bag? Too often, that has… Keep reading →

clemson

Dubbed the world’s most advanced wind turbine drive-train testing facility and a grid-scale distributed power generation simulator, the SCE&G Energy Innovation Center dedicated yesterday at Clemson University is state of the art. The facility will vet technology needed to upgrade the aging US power grid. “Central to updating and improving the efficiency and reliability of the aging… Keep reading →

St. Petersburg International Economic Forum

Europe will require considerable volumes of Russian natural gas for the foreseeable future, but EU members are increasingly unhappy with paying oil-linked prices for the fuel. In the latest attempt at loosening the old Soviet energy yolk from Central and Eastern Europe, EU regulators yesterday filed an antitrust suit against Gazprom that could total $15… Keep reading →

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