Home / Exclusives (page 50)

Exclusives

North Dakota’s $18.5 billion cash fortress

Despite the precipitous drop in oil prices, North Dakota has increased savings by $3 billion over the past 12 months. Bakken.com recently conducted an analysis of over 80 North Dakota funds and calculated the most recent balances to be in excess of $18.5 billion (see infographic). This represents a 22 percent increase from $15.5 billion in 2014 and a 125 ...

Read More »

Leases for sale on Texas offshore tracts

Leasing became available for 21.9 million acres of federal tracts off the Texas coast today, but a major profit is unlikely, the Associated Press reports. In the midst of still-floundering oil prices, oil lease sales typically don’t yield significant sales. A March lease sale in in central Gulf of Mexico—a far more sought-after patch of land—attracted the lowest number of ...

Read More »

WPX gains Permian assets in acquisition

wpx

Today WPX Energy announced the closure of its newest acquisition, RKI Exploration & Production LLC, stating that the acquisition will allow WPX to solidify “a substantial presence in the core of the Permian’s Delaware Basin.” The company’s newly-acquired assets in the Permian Basin, a shale play that’s been topping U.S. rig counts, include 22,000 barrels of equivalent per day, 92,000 ...

Read More »

Fab Lab: Where students get hands on with science

Carnegie Science Center has officially unveiled its latest edition, and it is something you won’t want to miss out on if you love science. On Tuesday the center announced the opening of its brand new Fab Lab.  The lab is a digital fabrication lab and a space that focuses around students being able to engage with science, technology, engineering and ...

Read More »

6 Reasons to clean with ultrasonic power

Ultrasonic technology delivers a more thorough clean Ultrasonic technology possesses a quality their manual counterparts like water lack– the ability to bend. The bubbles generated through ultrasonic waves permeate an object’s every hard-to-reach nook and cranny and burst to loosen tough, built-up residue. One major refinery in Ponca City, Oklahoma includes a hydrofluoric (HF) alkalization unit, which can cake service ...

Read More »

STW leases new water source

Oilfield water servicer STW Resources Holding Corp. announced today that its subsidiary, STW Water Process & Technologies, purchased a brackish water lease near Fort Stockton. The new water source, the company’s second lease, will play a key role in the company’s West Texas Water Project. STW specializes in water management, reclamation and remediation. Its water project aims to access “alternative” ...

Read More »

American politics: Clinton takes to Twittersphere to oppose Arctic drilling

It’s the beginning of election season, and Hillary Clinton just took a 140 character easy route to separate her from the current administration. The Arctic is a unique treasure. Given what we know, it's not worth the risk of drilling. -H — Hillary Clinton (@HillaryClinton) August 18, 2015 Clinton has been at President Barack Obama’s side with the large majority ...

Read More »

EPA will demand oil and gas to slash methane emissions nearly in half

On Tuesday, the U.S. Environmental Protection Agency is expected to announce an unprecedented attack on methane emissions from the country’s oil and natural gas industry, according to sources familiar with the regulations. As a part of President Barack Obama’s climate policy, the EPA will propose cutting methane emissions from the oil and gas sector by 40 to 45 percent from ...

Read More »