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Tag Archives: drilling

Labor regulators aim to finish difficult dust rule

Dust in the workplace — affecting the construction, mining and oil and gas industries — has proven a tough issue to regulate, with a battle over updating federal standards dragging on more than 40 years and vexing eight presidential administrations. But a final rule could come as soon as February, one that would cut the allowable exposure of crystalline silica, ...

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Shale gas hit a few peaks in 2015, but drillers mostly pulled back

Shale gas companies pumped the brakes in 2015 after years of rapid increases in the amount of natural gas they pulled from Pennsylvania’s Marcellus and Utica shales, new production data released by the state shows. Unconventional gas production in Pennsylvania this year hit its highest point in March then dipped to its lowest point in June during a three-month slide, ...

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ConocoPhillips to cut spending due to falling oil prices

NEW YORK — ConocoPhillips said it plans to slash spending on projects by 25 percent next year as the energy company and its rivals deal with plunging oil prices. The Houston company said it expects to spend $7.7 billion in 2015, down from the $10.2 billion it expects to spend this year. The money is used for oil exploration, drilling ...

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More Russian oil drilling shows its resolve to OPEC

MOSCOW – Russian oil firms are drilling more, showing the world’s top crude producer is ready for a longer fight for market share with OPEC, as its industry can carry on even if oil prices reach $35 per barrel. As OPEC prepares to meet on Friday in Vienna, Russia is sending a low key delegation for talks which are very ...

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Foes challenge proposed fracking in national forest in Ohio

ATHENS, Ohio — Opponents are pushing back as a federal agency again considers requests to open Wayne National Forest in southeastern Ohio to oil and gas drilling. The Buckeye Forest Council, Sierra Club, Athens County Fracking Action Networks and other advocacy groups have called for the U.S. Bureau of Land Management to conduct a “full-scale environmental report” before allowing drilling ...

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Halliburton reports 3Q loss

HOUSTON — Halliburton Co. (HAL) on Monday reported a third-quarter loss of $54 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Houston-based company said it had a loss of 6 cents. Earnings, adjusted for asset impairment costs and costs related to mergers and acquisitions, were 31 cents per share. The results ...

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Gas and oil industry: No one’s ‘ready to drop a drill bit in King George County’

As the King George Board of Supervisors discussed a zoning ordinance last week that would put severe restrictions on oil and gas drillers–to the point they probably wouldn’t want to do business in the county–several interesting things were said about the timing of possible activity. “In reality, I don’t believe it’s coming to King George,” Supervisor Joe Grzeika said of ...

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Technology: Talking machines

The shale gas industry uses several machines on a daily basis, and many of those machines are limited to the amount of time they can be used to due to the costs of replacing or fixing them if something goes wrong.  However, there may be an answer to this problem, and we have Jeremy Frank to thank for it. Frank, ...

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