Corridor Resources Inc., Halifax, NS, plans a $32 million program this year and next to step up economic assessment of the Mississippian Frederick Brook shale near Elgin, NB.
More operators are wading into the Jurassic Haynesville shale gas play in Northwest Louisiana and East Texas since Chesapeake Energy Corp., Oklahoma City, called the formation...
Groups led by Brazil’s Petroleo Brasilerio SA in recent weeks have added another heavy oil discovery in ultradeep water and a light oil in shallow water in the Santos basin in...
Bill Barrett Corp., Denver, was spudding in late May its next well in an emerging two-formation shale gas play in the Paradox basin of Colorado and Utah.
New version of structural modeling softwareGeoSec 2D Version 5.2 is a new edition of geologic interpretation software for advanced structural analysis, cross-section construction...
A simple economic procedure applied to NGL pipelines can help operators determine—based on the type, shape, and position of any abnormalities detected during periodic magnetic...
GuyanaCGX Energy Inc., Toronto, let a contract to Fugro-GeoTeam to shoot 500 sq km of 3D seismic in the Guyana-Suriname basin in the Atlantic off Guyana.The 4-week program is ...
Knight Oil Tools,McLaughlin Click here to enlarge imageLafayette, La., has promoted Pat McLaughlin to executive vice-president. He will be responsible for overseeing Knight Oil...
In the biggest one-day gain ever, the July contract for benchmark US light, sweet crudes shot to a record high of $139.12/bbl in intraday trading June 6 on the New York Mercantile...
Safety statistics contradict the general public’s stereotyped image of oil and gas drilling as being a hazardous business, report spokesmen from the American Association of Drilling...
As the US Senate prepared to debate its latest oil tax bill on June 10, many members of Congress opened fire on so-called Big Oil, their target whenever retail gasoline prices...
French President Nicolas Sarkozy said his country is willing to work with Italy on nuclear power as part of a common energy strategy in response to high oil prices.
Industry has boosted its drilling safety emphasis, particularly in the last decade, through automated equipment innovations and intensified collaboration and commitment toward...
Fort Worth independent XTO Energy Inc. plans to acquire privately held Hunt Petroleum Corp. of Dallas and other associated entities for $4.186 billion in a cash-stock deal.
General Interest Quick TakesLehman: Global E&P spending to jump 20% in 2008Worldwide exploration and production expenditures will increase 20% to $418 billion this year, according...
Despite massive damage from Hurricanes Katrina and Rita in 2005, the average impact on oil and gas production from hurricanes over a 45-year period was relatively modest, and ...
The International Energy Agency has cut its outlook for 2008 oil product demand to an average 86.8 million b/d, a reduction of 80,000 b/d from the agency’s previous forecast.
Worldwide oil production will stabilize at about 95 million b/d before 2020, including extra heavy crude from Venezuela and Canada, said Total SA Chief Executive Officer Christophe...
The US Senate voted not to take up a bill that would have reimposed a windfall profits tax on major oil companies as Democrats failed to achieve the three-fifths majority necessary...
