Monthly Archives: January 2011

Rig Counts Jump

According to the weekly rig report from oilfield services firm Baker Hughes Inc. NYSE:BHI, the number of rotary rigs drilling in the US and Canada increased by 35 rigs this week.In the US, there are 1,732 rigs drilling, which is … Continue reading

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ExxonMobil – growing role of natural gas by 2030

Global energy demand will increase by about 35% in 2030 from 2005 levels as natural gas becomes the world’s second-largest energy source behind oil, ExxonMobil Corp. said as it released its latest yearly energy outlook. Use of gas and other … Continue reading

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North American rig counts jump on shale plays

Expected to surpass Alaska in oil production within the next decade due to the highly prolific Bakken Shale play, North Dakota has 155 active drilling rigs in the state. Nearly doubling the number of active units in one year, all … Continue reading

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‘Mad Money’ Host Cramer Says It’s Smart To Invest in Marcellus Shale, Environmentalists Are Pro-Drilling | PhillyNow | A blog about Philadelphia news, politics and culture by Philadelphia Weekly

“Anyone from the Pennsylvania area knows that Marcellus is for real. I’ve been over and over these environmental problems and I’ve had the Sierra Club on my show. The Sierra Club has said very starkly, ‘listen it’s coal or natural … Continue reading

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Utica Shale – The Natural Gas Giant Below the Marcellus

Even while the controversies swirl around the Marcellus and through each of the states involved, along comes the next big thing, UTICA SHALE…opportunities abound! “Now, just a few years later, the Marcellus Shale is being developed into one of the … Continue reading

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Corbett taps secretaries of environmental protection, welfare – Pittsburgh Tribune-Review

Governor Elect Corbett makes some moves…time will tell whether there is a change in play or more of the same. “Krancer’s appointment comes at a key juncture for the burgeoning natural gas industry. Pennsylvania is the “Saudi Arabia of natural … Continue reading

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DEP Fines Talisman Energy For Diesel Spill in Bradford County – WETM 18 Online

If they had been using a real-time spill sensor on their diesel tank, on-site personnel would have been alerted within minutes of the leakage, allowing them to respond and reduce the impact of the leak.  Considering the cost of the … Continue reading

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