Wednesday, November 27, 2024

Europe and Middle East Rig Counts Fall, Latin America Rises

Total rig count down nine Baker Hughes released its monthly International Rig Count today, outlining how drilling activity changed in November. Overall nine rigs shut down in November. There are now a total of 942 rigs active internationally. The decrease in activity was due to slowing operations in Europe and the Middle East, which accounted for a combined decrease of

N.D. Supreme Court Upholds State’s Million-Dollar Oilfield Saltwater Dumping Penalty

The North Dakota Supreme Court today ruled in favor of the North Dakota Industrial Commission, Oil and Gas Division (OGD) regarding a case seeking a civil penalty plus costs and expenses from Black Hills Trucking (BHT) for illegally dumping saltwater in 2014. The Commission sought $950,000 in penalties from BHT for illegally releasing saltwater from a truck on three different

Arctic

Alaska Collects $21.2 Million from Dec. 6 Lease Sale, North Slope Nets $20 Million of Total

Armstrong Energy, Repsol, ConocoPhillips among winning bidders The State of Alaska held a record-breaking oil and gas North Slope lease sale on Dec. 6, netting competitive bids from investors around the world. The Division of Oil and Gas reported that it had received 143 bids from companies and investors seeking oil and gas leases on state lands during the division’s