The cost drilling oil well now costs as much as $120 million, according to the chairman, Green Energy International Limited, Prof. Anthony Adegbulugbe. He dropped the hint at the official project sign ...
In Mistretta v. Hilcorp Energy Company, unleased mineral owner Mistretta sued Hilcorp alleging failure to provide requested production and well cost information pertaining to an oil well operated by ...
Drilling a water well in the Hill Country of Texas, where the terrain is predominantly limestone, can be costly. A 650-foot well with a proper setup, including a pressure tank and reservoir, can cost ...
We have refreshed our oil and gas producer valuations to incorporate the latest outlook for near-term commodity prices after a particularly volatile spell for both oil and gas futures during the ...
Goodrich Petroleum Corp. says it has significantly lowered the cost of drilling in the Tuscaloosa Marine Shale, but still posted a first-quarter loss. Goodrich is one of the major players in the shale ...
Efficient drilling in shale reservoirs requires detailed 3-dimensional (3D) horizontal well trajectories. An orthogonal-arc trajectory (OAT) method assumes a single constant curvature in the curved ...
BRISTOL, Va. (WCYB) — Leaders in Bristol, Virginia say they are "fully committed" to addressing and resolving challenges at the quarry landfill in an environmentally sound manner. At the same time, ...
Rich Tabaka takes a moment to discuss the benefits of investing in oil and gas, and how it could significantly improve your portfolio.
Australian independent Buru Energy is gearing up for a two-well drilling campaign onshore Western Australia, for which it has secured a farm-in partner and lined up the drilling rig. Buru has signed a ...