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 [...]
Archive of posts filed under the Oil and Gas category.
Shell Sets World Record for Deepest Subsea Oil and Gas Well
HOUSTON, Nov. 17, 2011 /Coal Geology-PRNewswire/ – Shell Oil Company is now producing oil from the world’s deepest subsea well at its Perdido Development, utilizing advanced technology to lead the way in increasing the company’s ability to produce more domestic oil and gas resources. The well, at 9,627 feet below the water’s surface, is located in the Tobago Field 200 [...]
A. M. Castle & Co. to Expand Presence in Oil & Gas Industry with Acquisition of Tube Supply, Inc.
OAK BROOK, Ill., Nov. 10, 2011 /Coal Geology- PRNewswire/ — A. M. Castle & Co. (NYSE:CAS; A. M. Castle), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, has announced today that it has executed a definitive agreement to acquire Houston, TX – based Tube Supply, Inc. (Tube Supply), a leading value-added distributor [...]
Amendment to Western Australian Royalties and State Agreements
November 9, 2011 (Coal Geology): BHP Billiton has finalised an agreement with the Western Australian Government to increase the royalty rate payable to the State for its iron ore Fines product. Based on this agreement, the Western Australian Government will proceed with amendments to the State Agreement Acts covering operations managed by BHP Billiton Iron [...]
Platts Analysis: China’s Oil Demand Rebounds to 9.05 Million b/d in July
August 24, 2011, SINGAPORE, (Coal Geoogy) – China’s apparent oil demand* in July increased to 38.29 million metric tones (mt), or an average of 9.05 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts, a leading global provider [...]
