Pres. Obama declared Saturday he will speak at the Florida Everglades on Earth Day, this coming Wednesday, to discuss the economic threats of climate change. “The Everglades is one of the most special places in our country,” the president said. “But it’s also one of the most fragile. Rising sea levels are putting a national treasure… Keep reading →
Oil Rig Count Continues To Plunge, with a Baker Hughes rig survey reporting the number of rigs is down 30% from November. “America’s oil and gas drillers laid down 98 rigs last week, 84 oil rigs and 14 gas rigs. The number of rigs drilling horizontal wells into shale formations topped out at 1,372 in… Keep reading →
Here’s an interesting look at the Los Angeles region’s long oil production history. One surprising photo shows drilling rigs lining the Long Beach oceanfront in the 1950’s, a level of industrial development that would be anathema today. However, local communities adapted over time to oil development infrastructure in their midst and the still-producing reservoirs now… Keep reading →
Offshore oil field workers could be living in some fancy new digs by 2015, as Norwegian ship builder Salt Ship Design puts the finishing touches on a new vessel that generates its own waves, counteracting those occurring naturally at sea, to keep the vessel stable. The technology would allow workers to stay on a ship… Keep reading →
Energy and utility company use of aircraft has soared in recent months, jumping 35 percent in the first half of the year, Jet Support Services Inc. (JSSI), says. While that includes corporate jets, it also means pilots ferrying workers to oil rigs and other remote locations as companies continue to look farther afield for resources… Keep reading →
By: Jackie DeAngelis Chevron is strategically investing in the Gulf of Mexico, spending almost $12 billion and boosting its labor force as it prepares to launch two deep-water platforms now under construction. The platforms, Jack St. Malo and Big Foot, are named after the fields where they are located. They’re both being assembled at the… Keep reading →
