CHEYENNE, Wyo. (AP) — Wyoming officials have revoked state permits for hundreds of abandoned coal-bed methane wells that were part of an experiment some hoped would reverse a bust in coal-bed methane. The 413 wells in Campbell County now are a long list of wells the state plans to plug and clean up over several years. The Wyoming Department of ...
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US rig count one away from historic low
HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 13 last week to 489, a near record low. The Houston company said Friday that 392 rigs sought oil and 97 explored for natural gas amid depressed energy prices. A year ago, 1,192 rigs were active. ...
Read More »Energy Sector Movers, Losers and News: Crude up as production slows
Friday, March 4 WTI Crude opened at $34.66 per barrel, up 5.74 percent or, $1.88 from last Friday. Energy industry stock prices are on the rise as a result. According to a Nasdaq article WTI trading price improvement is in part due to small production drop in U.S. crude oil. Crude stockpiles are still at the highest numbers since 1930, ...
Read More »Famous oil gushers around the world
Oil gushers are icons of early energy exploration. Once a common sight at the turn of the century, gushers have faded into history. Though they could be a spectacular sight, gushers were dangerous and wasteful. Uncapped wells produced large amounts of oil, often times shooting hundreds of feet into the air. One spark could ignite the oil, creating a column of ...
Read More »House backs bill to boost hunting, fishing on public lands
WASHINGTON (AP) — The House on Friday approved a bill to expand access to hunting and fishing areas on public lands, extend protections for the use of lead bullets in hunting and strip wolves of federal protections in four states. The bill also would let hunters import 41 polar bear carcasses shot in Canada before they were declared threatened in ...
Read More »Oil Boom Boys photos show industry brotherhood and community
Oil Boom Boys is based on the documentation of young men working in the oil fields. Chris Rusanowsky, a freelance photojournalist and aspiring conflict correstpondent, moved to North Dakota to seek opportunity to further his career in journalism and to photograph the oil fields. “As I started working at a frac sand facility I started to talk to the young guys like ...
Read More »Cheniere Energy showcases first LNG export (VIDEO)
Cheniere Energy released a video highlighting the first ever export of liquefied natural gas from the continental United States. Aerial shots show tugboats guiding the tanker to Cheniere’s Sabine Pass LNG Terminal and workers pumping LNG into vessel tanks. The cargo was loaded onto the tanker Asia Vision on Feb. 24. Brazil’s Petrobras purchased the 160,000 cubic meter shipment, which ...
Read More »First oil flows from Alaska reserve set aside in ’23
NUIQSUT, Alaska (AP) — Rising from the edgeless, wind-scoured, snow-covered tundra on Alaska’s North Slope lies a million-pound drilling rig pulling the first commercial oil from a reserve set aside nearly a century ago. ConocoPhillips is the first oil company to draw crude from the National Petroleum Reserve-Alaska, an area the size of Indiana which President Warren G. Harding dedicated ...
Read More »Pioneering Oklahoma energy CEO dies in fiery car crash
OKLAHOMA CITY (AP) — Energy tycoon Aubrey McClendon earned a reputation as a pioneer, backing new drilling technology, building Chesapeake Energy into one of the nation’s largest independent producers of natural gas and accumulating a fortune that helped him buy part of an NBA team. But McClendon also drew the scrutiny of federal investigators, who announced antitrust charges against him ...
Read More »Wyoming counties, conservation districts sue over sage grouse
CHEYENNE, Wyo. (AP) — A group of counties and conservation districts in western Wyoming is the latest to sue the federal government over its plans to protect habitat for the greater sage grouse over a vast area of the West. The lawsuit from the Wyoming Coalition of Local Governments joins lawsuits filed by ranchers, mining companies and others who call ...
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