Monthly Archives: February 2011

More rigs added to US onshore drilling campaign

Shale and Unconventional Activity Heats Up Onshore the US, the number of drilling rigs continues to climb, with Texas leading the bunch with 750 active rigs, an increase of 10 units during the week and 209 year over year. With … Continue reading

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CNOOC inks second shale deal with Chesapeake

Follow the money…massive scale from the other side of the world…   US independent Chesapeake Energy NYSE:CHK has signed an agreement with CNOOC Limited NYSE:CEO to sell the Chinese NOC 33.3 percent undivided interest in 800,000 Niobrara Shale acres in the Devner-Julesberg DJ … Continue reading

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