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Oil Field Investigation Reveals Lack Of Inspections And Shoddy Practices

oil rig

HOUSTON (AP) — Injury claims, government data and public records of oil field accidents since the start of the onshore drilling and fracking boom in 2007 show the federal government failed to implement safety standards and procedures, according to a Houston Chronicle investigation. The examination also shows a lack of government inspections and shoddy practices by many oil and gas ...

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Oil industry starts to squeeze costs, wages: Kemp

oil rig

By John Kemp Jan 30 (Reuters) – Cutting the cost of everything from salaries and steel pipes to seismic surveys and drilling equipment is the central challenge for the oil and gas industry over the next five years. The tremendous increase in exploration and production activity around the world over the last ten years has strained the global supply chain and been accompanied by a ...

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