Patterson-UTI reports increase in September drilling activityOctober 5th, 2009 Patterson-UTI says drilling activity up in Sept.HOUSTON — Oil and gas driller Patterson-UTI Energy Inc. on Monday said its September drilling activity rose sequentially as oil prices stabilized, and oil and gas companies anticipated a future expected recovery in the economy.
Senate blocks effort to allow oil and gas drilling along the Atlantic and Pacific coastsSeptember 23rd, 2009 Senate blocks bid to keep offshore drilling policyWASHINGTON — The Senate on Wednesday voted against an attempt by Republicans to keep in place a plan by the Bush administration to allow oil and gas drilling along the Atlantic and Pacific coasts. The 56-42 vote killed a proposal by Sen.
Drilling opponents ask Interior secretary to halt plans for oil and gas drilling off AlaskaSeptember 21st, 2009 Opponents ask Salazar to halt offshore drillingWASHINGTON — Opponents of offshore drilling — including some dressed as salmon and a polar bear — delivered more than 250,000 postcards and letters to the Interior Department Monday on a proposal to open vast waters off the Pacific and Atlantic coasts to oil and gas drilling. Interior Secretary Ken Salazar invited public comments on a sweeping blueprint for expanded offshore drilling that was initially proposed in the final days of the Bush administration.
GAO report says BLM often misunderstood, violated law in approving oil, gas drillingSeptember 16th, 2009 GAO says drilling policy caused BLM confusionCHEYENNE, Wyo. — The Government Accountability Office says the U.S.
Exxon Mobil has completed surface section of first Point Thomson gas wellSeptember 14th, 2009 Exxon Mobil has started 1st Point Thomson gas wellANCHORAGE, Alaska — Exxon Mobil has drilled the first section of its first production well at the Point Thomson field on Alaska's North Slope. The Anchorage Daily News reports Exxon plans to complete the well by the end of next year and begin production by the end of 2014.
Judge indefinately blocks drilling on Colorado's Baca National Wildlife RefugeSeptember 3rd, 2009 Judge blocks drilling on Colo. refugeDENVER — A federal judge has indefinitely blocked oil and gas drilling on a wildlife refuge that sits next to the Great Sand Dunes National Park in south-central Colorado.
FX Energy to plug and abandon Ostrowiec-1 well, shares fall 21 pctAugust 27th, 2009 FX Energy to abandon Ostrowiec-1 well, shares fallSALT LAKE CITY — FX Energy Inc. on Thursday said it stopped drilling operations at the Ostrowiec-1 wildcat well, which it plans to plug and abandon because it encountered high pressure nonflammable nitrogen gas and lost circulation while coring the target reservoir.
Giant Interactive 2Q earnings fall 34 percent as sales decline, but still beats expectationsAugust 19th, 2009 Giant Interactive 2Q earnings fall 34 percentSHANGHAI — Chinese online game developer Giant Interactive Group Inc. on Tuesday reported a 34 percent decline in second-quarter earnings on declining revenue.
Marathon 2Q earns fall 47 percent as oil prices fell, but company easily beats expectationsAugust 3rd, 2009 Marathon 2Q profits plunge with oil pricesNEW YORK — Marathon Oil Corp. said Monday its second-quarter profit fell 47 percent from a year ago when crude barrels fetched twice the price.
Chevron 2Q earns fall 71 percent as global petroleum demand falls; production increasesJuly 31st, 2009 Chevron profits tumble 71 pct because of cheap oilNEW YORK — Chevron on Friday said that its second-quarter profits fell 71 percent and the second-largest U.S. oil company put its entire land-based natural gas drilling operations on hold, citing dismal demand.
Chevron 2Q earns fall 71 pct as energy demand falls; natural gas drilling in US shut downJuly 31st, 2009 Chevron profits sink; natural gas drills shut downNEW YORK — Chevron on Friday said that its second-quarter profits fell 71 percent and the second-largest U.S. oil company put its entire land-based natural gas drilling operation on hold, citing dismal demand.
Halliburton 2Q profit falls 48 pct; CEO says no end to natural gas glut this yearJuly 20th, 2009 Halliburton 2Q earnings plummet, beat expectationsHOUSTON — Halliburton on Monday said its profit tumbled for a second straight quarter, primarily from a falloff in natural-gas production in North America, and the oilfield services giant offered little hope for an uptick in drilling before year's end. Weatherford, its smaller rival, also reported significantly lower second-quarter profits.
Oil giant Exxon Mobil says it has started drilling operations at Point Thomson in AlaskaMay 10th, 2009 Exxon begins drilling at Point Thomson in AlaskaANCHORAGE, Alaska — Exxon Mobil says it has begun drilling at Alaska's Point Thomson oil and gas field. Patrick McGinn, a company spokesman, says drilling operations were launched Friday.
Schlumberger first-quarter profit falls 30 percent as oilfield activity declinesApril 24th, 2009 Schlumberger profit tumbles 30% as drilling dropsHOUSTON — Schlumberger Ltd. says its first-quarter earnings tumbled about 30 percent as oil and natural gas companies cut back on exploration and drilling amid lower prices and demand.
ONGC to start drilling wells in Gulf of KhambhatMarch 10th, 2009 SURAT - Oil and Natural Gas Corp (ONGC) will soon start drilling three exploration wells at a depth of 2,500 to 4,500 metres in the Gulf of Khambhat off northwest Gujarat, officials said. The company has got the clearance from the ministry of environment and forests Feb 22 to start drilling the wells in the CB-ONN-2004/1/2 blocks, they said.
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