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.