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sourceDid you know if all the natural gas pipelines in the US were connected to each other they would stretch to and from the moon almost three times?There is a vast underground network of pipelines transporting oil and gas to fuel our cooking, fill our gas stations, and heat our homes.Trucks and tankers are other common ways to transport oil and gas, however pipelines remain the safest, most efficient and economical way to move these natural resources over vast areas.Different Types of PipelinesWant to know the low down on pipelines? Here are some of the world’s longest and most unique pipel
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Midland-based Clayton Williams Energy Inc. expects to keep running three drilling rigs on the eastern edge of the Eagle Ford Shale – at least through the end of the year. Here’s what the company had to say in a recent update on its 22 horizontal Eagle Ford wells: The peak 30-day production rate for those […]
Mexico's Pemex evacuated 15,000 workers from over 60 platforms in the Bay of Campeche in the wake of increasingly inclement weather that the US National Hurricane Center said could develop into a cyclone formation. Enhanced infrared satellite image of the disturbance; Source: NASA The evacuation was enacted in accordance with the state-run company's emergency response procedure as a preventative measure. The company says the evacuation will have only a minimal impact on crude oil output, but did not specify what this meant in terms of barrels of oil produced. The NHC is giving the area of low
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Lamprell has completed construction of the second Caspian Sea jack-up drilling rig, the Mercury
248 wells drillingAs of October 18, 2014, 248 wells are classified as "drilling" in Ohio's Utica / Point Pleasant play according to the recent activity report from the Ohio DNR. This time last year the number of wells drilling stood at just 81, giving us a 3 fold increase in drilling activity from last year.Drilling by County, led by HarrisonHarrison county leads all counties with 62 wells drilling, followed by Guernsey (48), Monroe (47), Noble (45), Belmont (26), Carroll (13), Jefferson (3), then Morgan, Portage, Trumbull, and Tuscarawas all with 1 well drilling.Drilling by Operator, led by
Schneider Electric’s CMO, Chris Hummel, pondered recently on Twitter whether the IEA’s claim that solar energy could be the leading source of electricity by 2050 was achievable. My initial reaction was hum-dee-dum…not a chance! Then I thought about it, then some more, grabbed my research shovel and started digging… Wanting to benchmark this optimism with something familiar, I […]
Turn on CNBC Now - Chris Faulkner commenting this half hour on falling oil prices and the impact on the economy.
RigData market analysis reveals total mobile rig utilization in the Gulf of Mexico decreased this week. Current fleet utilization is 59.8%, with 67 of 112 rigs under contract or committed for work. Utilization of the marketed rig fleet, which excludes cold stacked and other rigs that are here but not marketed in the U.S. Gulf, decreased this week to 76.1%, with 67 of 88 units under contract. Utilization of the jackup fleet decreased this week to 46.2%, 24 of 52 units are under contract. Marketed rig utilization decreased this week to 64.9%, with 24 of 37 units under contract.Floating rig util
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Ophir Energy has announced a successful drill stem test (DST) on the Fortuna-2 well in Block R, Equatorial Guinea
In the year and a half I have been doing this column, I have dispensed A LOT of career advice both in my weekly pieces as well as personal emails with readers, so securing this newest opportunity was enlightening: I was on the "other" side!
I WOULD LIKE TO KNOW WHERE ALL THE SEISMIC CREWS ARE AND WHO THEY ARE AND IF THEY ARE HIRING. WHEN I TALK TO EXXON MOBILE,BP,CHEVRON NOBODY SEEMS TO KNOW WHAT IAM TALKING ABOUT.PLEASE SEE IF YOU CAN HELP ME OUT WITH THIS I CANT SEEM TO GET ANYWHERE WITH WHOM I HAVE TALKED TO. PLEASE EMAIL ANSWERS AT sparky.hamner6@gmail.com I NEED PHONE NUMBERS AND NAMES OF HR TO TALK TO THAT UNDERSTAND WHAT I AM LOOKING FOR. I AM A VIBRATOR OPERATOR FOR 17 YEARS OFF AND ON REFERENCES UPON REQUEST. THANKS FOR YOUR TIM
A study commissioned by the American Petroleum Institute (API) concluded that most owners of US O&G companies are retirees and middle class Americans saving for retirement. The report, "Who Owns America's Oil and Natural Gas Companies" (compiled by Sonecon), says that in 2014, public and private pension and retirement plans, including IRAs and 401Ks, hold 46.8% of all the shares of US O&G companies. Individual investors own 18.7%, and asset management companies including mutual funds hold 24.7% of shares. Institutional investors such as banks, insurance firms, endowments and foundatio
Despite an administration that has no energy policy, free market forces in the United States are finding a way to provide relief from high prices for an economy that greatly needs the respite. Oil prices are heading the right way for consumers even if the wrong way for the wildcatters, explorers and developers of domestic […]The post The Petro-States in Shambles Despite Obama (Townhall.com) appeared first on Breitling Energy Corporation.
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Polarcus Limited has announced the imminent commencement of a major new RightBAND(TM) multi-client project over the Roebuck Basin, offshore North West Shelf, Australia
Total SA moved its emergency board meeting from Tuesday to Wednesday, when it will likely choose a successor to Christophe de Margerie, who died in a plane crash Tuesday night.
With all the focus on the recent drop in oil prices and valid concerns that lower oil prices could be on the way without sharp corrections in drilling activity around the globe, we decided to ask the question: What if drilling activity shut down in one of the largest producing basins in the world, the Permian Basin?Higher oil prices, advancements in drilling and completion techniques, and the ability to target multiple oil rich formations began fueling a resurgence in oil activity in the Permian before oil prices crashed in 2009. The Permian quickly recovered and by mid-2012, more than 530 d
Saudi Arabia’s move to keep crude oil production high, fueling a steep global price slump, may have an unexpected consequence: intensifying the campaign by U.S. producers to scrap Washington’s decades-old ban on exports of domestic crude. Global oil prices plummeted nearly 5 percent on Tuesday to their lowest since 2010, as OPEC’s core members showed […]The post Saudi Price War Should Fuel Drive for U.S. Crude Exports (Reuters.com) appeared first on Breitling Energy Corporation.
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Cue Energy Resources has agreed to acquire a 100 per cent interest in the Mahakam Hilir PSC in the prolific Kutei Basin onshore Kalimantan, Indonesia
Washington County, PA - Energy Capital of the EastWashington County, PA is home to the first Marcellus Shale well drilled in 2004. Brought to you by the Washington County Chamber of Commerce.From:Range Resources CorporationViews:1 0ratingsTime:03:07More inEntertainment
Nabors Industries collected $61 million in profit in the third quarter on higher North American drilling activity, a year after it faced losses on asset impairments and other charges.
As fracking accelerates in North American shale fields, Halliburton and Baker Hughes are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul.
A British energy company says it made its first major oil discovery in Paraguay's Chaco Basin, though the government says it's too soon to tell if the find is commercially viable.
Brent crude oil ends up almost 1%, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling.
Chris Faulkner, Breitling Energy CEO on CNBC "Closing Bell" today at 3:20 EDT, 2:30 CDT, 12:30 PDT. Topic: Fall-out from falling oil prices.
In order to understand what is about to happen to energy prices, one must first take a look at production numbers from some of the hottest oil and gas regions in the U.S.Just this week, the North Dakota Department of Mineral Resources reported that the state is experiencing record amounts of oil and natural gas production. In August, energy companies produced 1.132 million barrels per day of oil, which is nearly 18,000 barrels per day higher than reported production in July. In addition, natural gas production reached 1.34 billion cubic feet per day, which was also a significant jump from the
In the wake of another new wave of sanctions against Russia’s energy, financial and defense sectors in September, Russia’s response is to ratchet up its talks with China. Aside from the fact that some say that the new sanctions won’t have an immediate or even near-term impact on Russia’s oil and gas industry—and therefore are […]The post US Sanctions, Energy Boom: Pressure or Incentive for Russia? (Oilonline.com) appeared first on Breitling Energy Corporation.
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Mexico’s Alfa, a company with a wide portfolio of businesses, is to raise capital in order to invest in Mexico’s burgeoning private oil and gas sector brought about by the country’s recent energy reform legislation
Two residents who had monitors on their property complained about noise and unpleasant odors wafting onto their property during drilling.
Shell signs sales agreements for all the Nigerian oil assets it put up for sale following a 2013 review of its business in the West African country, a spokesman says.
In the US, we awakened to some sad news this morning. Christophe de Margerie, the well regarded chairman and chief executive officer of the French oil major Total, has died in an executive jet crash in Moscow.

Read More: http://oilpro.com/post/7945/ceo-plane-crash-death-leaves-supermajor-adrift-oilpatch-shaken

Since the economic collapse in 2008, the oil industry has enjoyed seven years of higher prices. Meanwhile, the American people have been feeling the pinch of wage stagnation. Having the dollar go a little farther is exactly what this country needs. Cheaper oil leads to cheaper gas, and that leads to cheaper goods at grocery stores and just about everywhere else.The government recently released a very aggressive U.S. economic growth figure for the third quarter 2014 of 4.2%. This was met with skepticism by industry experts and has many scratching their heads. However, growth is taking place an
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 Before switching to a rotary rig in 1954, the Alaska Oil & Gas Development Company drilled its Eureka No. 1 using a Walker-Neer Manufacturing Company cable-tool “spudder.” Photo courtesy the Anchorage Museum. Years before Alaska became a state, petroleum exploration companies drilled expensive dry holes. The Alaska Oil & Gas Development Company was among them.The Alaska territory’s first commercial oil well arrived in 1957, two years before statehood. The discovery well, drilled by the Richfield Oil Company – today known as ARCO – successfully drilled
Far Ltd has issued equity in order to fund its operations offshore Senegal following the FAN-1 oil discovery
Iran Cuts Oil Price Pushing Global Oil Price LowerIran Cuts Oil Price Pushing Global Oil Price Lower Click the Play button above to hear this episode, or read on below for the episode transcript: "In a sign that oil prices may stay relatively...From:Crude EnergyViews:4 0ratingsTime:02:16More inPeople & Blogs
Total U.S. household energy consumption expenditures have generally declined relative to disposable income since 1960, although during periods of high energy prices, consumers devote increasing shares of their income to energy. Energy expenditures ranged from 4% to 8% of disposable income since 1960. Consumer energy expenditures today are a lower percentage of disposable income than the average from 1960 to present.
For Worldwide Release: October 2014 Release Number: CO&G14P19 Houston, Texas – Caterpillar Oil & Gas is pleased to announce the sale of the 700th Cat® Dynamic Gas Blending™ (DGB™) kit for 3500 engines, the company’s industry-leading dual fuel technology for land drilling, production and well stimulation applications. Originally introduced to the market in 2012, the […]
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