WASHINGTON, Jan. 10, 2012 /Coal Geology-PRNewswire/ – The U.S. natural gas market is going to have to change dramatically for pipeline developers to salvage their plan to ship gas from Alaska to the Lower-48 states, a key federal official said today at the Platts Energy Podium. “It is going to take a big turnaround in the market, no doubt about it,” Larry [...]
Oil and Gas
Significant Change in Market Needed to Save Alaska Natural Gas Line: U.S. Official at Platts Energy Podium
January 12th, 2012 | by Editor | published in Oil and Gas | Leave A Comment »
Noble Energy Announces Significant Natural Gas Discovery Offshore Republic of Cyprus
December 28th, 2011 | by Editor | published in Oil and Gas | Leave A Comment »
HOUSTON, Dec. 28, 2011 /Coal Geology-PRNewswire/ — Noble Energy, Inc. (NYSE: NBL) announced today a natural gas discovery at the Cyprus Block 12 prospect, offshore the Republic of Cyprus. The Cyprus A-1 well encountered approximately 310 feet of net natural gas pay in multiple high-quality Miocene sand intervals. The discovery well was drilled to a depth of 19,225 [...]
Hyperdynamics Resumes Drilling Offshore Guinea
December 28th, 2011 | by Editor | published in Oil and Gas | Leave A Comment »
HOUSTON, Dec. 28, 2011 /Coal Geology-PRNewswire/ – Hyperdynamics Corporation (NYSE: HDY) today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic ofGuinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynamics plans to continue to provide [...]
Platts Report: China’s Oil Demand Rises by 2.6% in November
December 26th, 2011 | by Editor | published in Oil and Gas | Leave A Comment »
Daily Rate Reaches Second-Highest Level Recorded in 2011 SINGAPORE, Dec. 26, 2011 /Coal Geology-PRNewswire/ – China’s apparent* oil demand in November rose 2.6% year on year to 39.08 million metric tons (mt) or 9.54 million barrels per day (b/d) – the second-highest daily rate recorded this year, according to a just-released Platts analysis of statistics released by [...]
Bering Exploration (OTCQB: BERX) to Install a Gas Pipeline to Serve the Roxanne Field With $35 Million in Potential Reserves
November 29th, 2011 | by Editor | published in Oil and Gas | Leave A Comment »
HOUSTON, Nov. 29, 2011 /Coal Geology-PRNewswire/ — Bering Exploration, Inc. (OTCQB: BERX) announced today that it will begin installation on an approximately 3,500′ gas pipeline to connect its gas production from the Roxanne field located in Victoria County, Texas, to a commercial pipeline. The company’s current leasehold in the Roxanne field consists of approximately 640 acres and has [...]
