Exploration News
Oil drilling accidents prompted new safety rules
NEW ORLEANS – Federal regulators did not need this week’s explosion aboard a state-of-the-art oil rig to know the offshore drilling industry needed new safety rules: Dozens of deaths and hundreds of injuries over the last several years had already convinced them that changes were needed.
The U.S. Minerals and Management Service is [...]
Coastal Caribbean Oils & Minerals, Ltd. – Financial Analysis Review—-Aarkstore Enterprise
Summary
Coastal Caribbean Oils & Minerals, Ltd. (Coastal Caribbean) is an independent oil and gas exploration company. It is engaged in the exploration and production of oil and natural gas reserves through its subsidiary, Coastal Petroleum Company (CPC). Its principal assets are its non-producing oil and gas leases in the States of Montana and North Dakota [...]
Pertolympic Joins Junex, Questerre, Altai and Gastem in St. Lawrence Gas Play
Never has the concept of “closeology” had a more appropriate demonstration than that now underway in the St. Lawrence Lowlands. Since April 1 this year, when Forest Oil Corp (NYSE:FST). of Denver Colorado tested two wells into the Utica Shale formation and flow tested natural gas at the rate of a million cubic feet per [...]
25Jan2010 | admin | Comments Off | ContinuedSMT Reports Geoscientists See Coming Increases in Oil Prices
HOUSTON, TX–(Marketwire – December 15, 2009) – Geoscience professionals anticipate an increase in oil and gas exploration budgets in 2010, according to survey data announced today by SMT, a leader in geoscientific interpretation software. Results of the company’s annual Geoscientist View of the Future Survey further indicate that respondents anticipate the price of crude will [...]
24Jan2010 | admin | Comments Off | ContinuedLeni Gas & Oil Plc – Financial Analysis Review—-Aarkstore Enterprise
Summary
Leni Gas & Oil Plc (Leni Gas) is a London based energy company. The company is engaged in identify and acquire projects in the oil and gas sector. The company is also involved in the exploration and development of oil and gas assets, asset acquisitions and corporate and financial management. The Company focuses on investment [...]
Using Oil and Gas GIS Data for Effective Management of Pipeline Assets
Oil and gas GIS data can be used for several purposes. If you have investments on gas explorations and pipeline development project, then the oil and gas pipeline GIS datasets can significantly improve business intelligence so you can ensure a solid return for your investments. Geospatial data however can also be used as a management [...]
19Jan2010 | admin | Comments Off | ContinuedOil Partnerships: How to Protect your Investment
According to the International Energy Agency, 2004 world oil demand increased by a higher rate than any year since 1988. And if current trends continue, worldwide oil demand will exceed 120 million barrels per day, according to the Energy Information Administration.
As oil fields yield less oil to satisfy this demand, prices are predicted to keep [...]