Louisiana rig count falls by four Drilling activity declined in the U.S. this week, extending the drop seen last week, according to the Baker Hughes Weekly Rig Count. A net three rigs shut down this week, meaning there are 1,076 drilling rigs currently active in the country. One land-based rig came offline, while two offshore rigs shut down. This leaves
Oil, gas reserves at all-time highs thanks to the liberal use of the drill bit and higher commodities prices Thank you shale revolution: oil and gas reserves are at an all-time high in the U.S., driven by the massive uptick in drilling and production associated with unconventionals—and improved prices. U.S. companies currently hold 42 billion BBL of crude oil and
Vermilion Energy Inc. (stock ticker: VET) reported today the completion of the sale of Shell Overseas Holdings Limited’s 45% interest in the Corrib Natural Gas Project in Ireland (Corrib) to Nephin Energy Holdings Limited (NEHL), a wholly owned subsidiary of Canada Pension Plan Investment Board (CPPIB), and the transfer of operatorship to Vermilion. NEHL has acquired 100% of Shell E&P Ireland Limited
Sempra Energy Providing Grants To Fight Homelessness As Part Of ’20/20/20′ Giving Campaign
Direct Energy Regulated Services Announces Natural Gas Rates for December 2018
NuStar to Participate in the Wells Fargo Securities Research, Economics & Strategy Midstream and Utility Symposium
Bellatrix Exploration Ltd. (stock ticker: BXE) recently completed the renewal and extension of its syndicated revolving credit facilities and the semi-annual redetermination of the borrowing base. The term of the credit facilities has been renewed to May 30, 2019 and remains extendible annually thereafter at the option, subject to lender approval. If not renewed in May 2019, the credit facilities
Royal Dutch Shell plc: Transaction in Own Shares
Cielo Waste Solutions Provides Operations Update and Announces Shares for Debt Settlements
Proposed E.L. Smith solar project receives federal and provincial support
From Houston Chronicle The slow deepwater recovery in the Gulf of Mexico and the rest of the world is now threatened by falling oil prices and the projected cost rise of drilling rigs and other services. A new report Tuesday by research firm Wood Mackenzie highlights how the offshore sector has returned to viability through costs reductions and greater
MGX Minerals Reports Up to 100% SiO2 at Gibraltar and 99.9% SiO2 at Wonah Silica Properties; Completes 2nd Drill Hole at Gibraltar
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