Sentences with phrase «of drilling companies»

When those workers are injured due to the negligence of drilling companies, they deserve compensation for their injuries and economic losses.
The administration considered the environmental record of drilling companies in the Gulf to be excellent.

Not exact matches

The study was funded by EnCana, the drilling company whose wells the EPA had initially blamed for the contamination.Though the role of fracking remains contested, the advising scientists recommend that the EPA should qualify its conclusions about the risks posed by acknowledging gaps in the existing data and concerning cases like Pavillion.
When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
Hillenmeyer, who used to run his landscape services company with his two brothers, now drills the importance of communication into the minds of his two sons entering the business.
As fracking became commercially viable, oil and gas drilling companies entered communities with shale gas resources, which can have a number of local effects.
They've become routine, as companies struggle to service the debt they took on to finance their drilling; there were 77 North American energy bankruptcies between the beginning of 2015 and mid-May.
Cold Bore Technology and Xact Downhole Telemetry — two companies based in Calgary — aim to improve the drilling process by increasing the speed of the data.
The cap: Under the Canada Oil and Gas Operations Act, the company that gained approval for offshore drilling work is liable in the event of a blowout.
Unlike Alberta, where major oil and gas firms are based right in Calgary, the managers of the Colorado drilling companies he approached all said that their Houston - based head offices called the shots.
Energy companies frequently «flare» or burn off vast supplies of methane at drilling sites because it earns less money than oil.
The aggressive exploration program of recently listed Strike Oil is on track with the company set to drill three wells in the Carnarvon basin this month.
For oil and gas companies that want to install drilling and pumping infrastructure there, continuous monitoring of conditions above, below and at the surface of the water will be integral, and right now drones are the only feasibly deployable technology that can collect and relay all that data in a cost - effective manner.
Calgary - based drilling company Savanna is high on Irwin Michael's list of must - buys.
«Smaller, sometimes over-leveraged companies with decades of drilling inventory at the current pace can create value by combining with larger producers to accelerate development.»
Former CEO Gene Isenberg made over $ 108 million in the last three years, and as he exits the CEO post to become chair of the energy drilling company, Nabors» (NBR) board is granting what Gary Strauss has suitably called a «platinum kiss,» a handsome thank - you estimated to be $ 100 to $ 165 million for his services.
«There would be some modest gain to oil and gas companies, but realistically, they already have tons of places to drill,» he notes.
That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.
The plan would open the door for drilling in areas far beyond the U.S. epicenter of offshore drilling in the central and western Gulf of Mexico, giving oil and gas companies the opportunity to explore areas left out of leases for decades.
Most of the acreage EQT will acquire from Rice is contiguous to its existing holdings, so it will be able to produce more efficiently through horizontal drilling, the company said.
Over the year, the company has cut drilling projects and cut a tenth of its workers.
Drillers and other energy companies make up a significant chunk of that index.
In recent years, warmer temperatures have reduced the amount of time energy companies can explore onshore oil, due in part to drilling equipment that can only be used during the coldest months.
Nowhere near as sophisticated as things are today, geo - targeting allowed marketing companies to hit a general area (usually a town, county or city) and drill down to the right people in that area using data mined from cookies, so, for example, farmers within driving distance of one of the many Springfields across our great land would get ads from the local Agway there telling them when there was a sale on farmer stuff.
Additional opportunities to grow the acreage position through acquisitions and / or swaps will be considered however the focus of the company's activities in British Columbia will now switch towards operational activities in anticipation of a drilling program.»
«Last year, we successfully completed the transformation of our extensive Spraberry / Wolfcamp acreage position in the Permian Basin of West Texas from a vertical oil play into a horizontal oil play with a drilling inventory that will last decades,» chairman and CEO Scott D. Sheffield said in the company's 2014 annual report.
Companies in this industry lease out equipment for activities related to air, sea, and rail transport, as well as construction of highways, roads, tunnels, bridges, and oil drilling.
The company is looking to establish the continuity, dimensions and tenor of the high - grade titanium - vanadium Barrambie ore body with its close spaced grade control drill program.
Moncla Companies, a third - generation drilling company, had only 2 of its 11 barge rigs operating on work sites as of this spring.
NICOSIA, Cyprus (AP)-- Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a «strong engagement and commitment» in a hydrocarbons search off the east Mediterranean island nation, the Italian company's chief executive said Wednesday.
The prospect is part of the Electra project in Sonora, Mexico, where the Perth based company is currently funding an RC drill program which began last month and has already produced some encouraging results.
BP PLC, the world's third - biggest publicly traded energy company — and fourth - biggest public company of any kind — flirted with annihilation this year after a deadly explosion aboard the Deepwater Horizon drilling rig on April 20 and the environmental disaster that spread across the Gulf of Mexico in the four months that followed.
I don't believe any company will invest in drilling within the Outer Continental Shelf claims of the United States until we have confirmed that through the Law of the Sea treaty.
Assays from the first hole, drilled to a depth of 126 metres, intersected two intervals of +1,000 parts per million Lithium, which is very significant according to the company.
The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create — but that data is now the subject of hot debate as the oil industry tries to figure out who owns that data.
Both companies said they are accelerating shale drilling in the Permian Basin of west Texas and New Mexico, the largest U.S. oilfield, helping to lift the nation's output so far this year to more than 10 million barrels per day, a new record.
The normal startup drill is that the company raises round after round of funding, thereby diluting the value of the stock options handed out to employees.
The company emphasizes that the exact amount of gold and the precise location of the proposed mine remain unknown because the referendum result squashed the chance of any further exploratory drilling.
UNLISTED company Western Areas NL will launch a big drilling program on potential sulphide nickel targets once it achieves its goal of raising $ 5 million from a float which closed on July 7.
In the early 2000s, junior exploration company Mitchell Energy and Development used newly available directional drilling rigs to plumb a slab of rock nearly a mile underground called the Barnett Shale.
As someone who, until then, had managed every aspect of our company, I found this an unnerving experience, but it's all part of the drill, and I knew it.
A Google expat, Burks is now the co-founder of PartPic, a company that lets users find and order an automobile or drill press part via smartphone.
In engineering terms, BP was operating on the cutting edge of where society — and our government — expects oil companies to drill.
Companies like Anadarko (NYSE: APC) are too large to offer the huge upside potential that small shale drillers have, but they are also not as safe as the likes of ExxonMobil (NYSE: XOM), leaving them with a tricky investment case.
Bloomberg Gadfly suggests Anadarko's predicament is illustrative of a broader problem with oil companies of similar size, who are posting disappointing cash flow figures as they drill more and grow larger.
«It is a full - fledged boom,» says Dale Redman, chief executive of Propetro, a Midland, Texas, firm that supplies heavyduty horsepower to drill sites, where energy companies coax crude from the ground with sand and water.
Beyond the actual gas project and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese oil and gas rig producer now provides Russia with about 60 percent of its imported oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction and engineering prowess and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American use.95 Western sanctions on Novatek, Russia's largest independent national gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment and technology.
TSX.V: ABRA («AbraPlata» or the «Company») is pleased to announce that it has started a 2000m diamond drilling program on its Diablillos Ag - Au project in southern Salta Province of northwestern Argentina.
As of year - end 2016, the Company estimates that it has 1,800 gross horizontal future drilling locations in the Wattenberg Field.
So, she was not surprised when an agent of Mammoth Oil Company approached her with an offer to purchase drilling rights on her farm.
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