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Drilling Production 2010 P3

  • 12/06/2010 -- Underground coal gasification proposed for Oklahoma
    Clean Global Energy Ltd. intends to purchase an existing Farrell Cooper Mining Co. coal mine and supply syngas generated from underground coal gasification to AES Corp.'s Shady Point power station, near Panama, Okla.
  • 12/03/2010 -- US rig count at 2-year high
    US drilling activity increased by 26 rotary rigs to 1,713 working this week, marking the first time since 2008 that the US weekly rig count has exceeded 1,700 units.
  • 12/03/2010 -- Shale gas supply expected to keep US prices low in 2011
    While another year of price distress awaits US producers of natural gas from shale reservoirs, technology has lowered breakeven thresholds of important plays, speakers said at an industry conference in Houston.
  • 12/03/2010 -- Santos to develop Wortel gas field off Java
    Santos Ltd. has given the thumbs up with a final investment decision approving the development of the Wortel natural gas project off Madura Island in the Sampang production-sharing contract in east Javanese waters, Indonesia.
  • 12/02/2010 -- Associations back IOGCC-GWPC frac-fluid registry plan
    Three trade associations representing natural gas producers endorsed the Interstate Oil & Gas Compact Commission and Groundwater Protection Council’s joint effort to create a state-based public registry of hydraulic fracturing fluid ingredients.
  • 12/02/2010 -- Statoil starts Vega gas, condensate production
    Statoil started production on Dec. 2 from the 7.6 billion-kroner subsea completed Vega development on Blocks 35/11 and 35/8 off Norway.
  • 12/01/2010 -- Statoil lets contract for Asgard subsea gas compression
    Statoil awarded Aker Solutions a 3.4 billion kroner contract, contingent on a final investment decision to be made in first-quarter 2011, to design and construct the Asgard subsea gas compression system for recovering additional gas from Midgard and Mikkel fields, off Norway.
  • 11/30/2010 -- Petrobank receives regulatory approval for Dawson THAI
    Petrobank Energy & Resources Ltd. received final Alberta Environment approval for its initial two well pair toe-to-heel air injection (THAI) Dawson project in northwest Alberta.
  • 11/29/2010 -- Eni, Ecuador extend Villano service contract
    Eni SPA has signed an extension of its service contract with the government of Ecuador covering Villano oil field in the Oriente basin until 2023.
  • 11/24/2010 -- US rig count rises 10 units to 1,687 rigs drilling
    US drilling activity increased this week with 1,687 rotary rigs now working, up 10 from the previous week, Baker Hughes Inc. reported.
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Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.


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