In its weekly release, Baker Hughes, a GE company BHGE reported a decline in weekly rig count in the United States. More on the Rig…
Drilling
Iraq working on getting a 30-year contract that could bring US$53 billion investments
Iraq will soon finalize a large-scale, long-term deal for the development of oil fields in the South with Exxon and PetroChina. The 30-year contract will…
A Fracking slowdown in the Denver-Julesburg Basin?
New anti-fracking laws are having an effect in new investment and fracking in the Denver-Julesburg Basin that’s according to industry insiders, The resulting uncertainty over…
Drilling is down but Production levels are up
Working oil rigs fell by 20 this week to 805, according to data released Friday by oilfield-services provider Baker Hughes. Companies have boosted activity just…
Trump Releases Plan to get California more oil and more Jobs
Trump Releases Plan to Reopen California Public Lands to Drilling, Fracking. Proposal Targets More Than 1 Million Acres for Oil Leases. The BLM manages more…
Colorado House passes big anti oil & gas bill
The oil and gas bill is nearing final approval. Here’s a look at the concessions the industry won. The much-contested legislation to revamp regulation of…
Oil drilling is lifeblood of Oklahomas economy
ENID, Okla. — There are a number of different industries that help to sustain Oklahoma, but none may be more important than the oil and…
Trump’s push to open up Arctic and Atlantic oceans to oil and gas drilling illegal: Federal judge declares
The ruling, one of three administration setbacks this week, restores Obama-era protections to 128 million acres of federal waters. The decision applies to 98 percent…
Oil Stocks hit hard – No Good Deed Unpunished
U.S. shale drillers are cutting back on spending to deliver returns for shareholders, but investors are still selling off the stocks. The title of a…
Ensign Drilling – From Arctic To Equatorial
Of the roughly 2000 rigs running in the free world, 150 of them are now Ensign rigs. That means we connect about seven percent of…
Essentially an end for Fracking in the U.K – No plans to review gas fracking rules: British government
Chemical giant Ineos and fracking firm Cuadrilla earlier this week said current restrictions around seismic events at fracking sites could force the industry to close….
BLM rakes in a record-breaking $1 billion from O&G lease sales
Acting Secretary of the Interior David Bernhardt today announced that Interior Bureau of Land Management (BLM) state offices generated $1.1 billion from oil and gas…
Increase in the number of drilling rigs
WTI oil continued to cautiously rise in price after the publication of the weekly report by Baker Hughes, despite the fact that it signaled an…
Ensign Energy Services And Trinidad Drilling have entered into an amalgamation agreement
Ensign Energy Services Inc. (TSX:ESI) (“Ensign”) and Trinidad Drilling Ltd. (TSX:TDG) (“Trinidad”) announce today that Trinidad has entered into an amalgamation agreement (the “Amalgamation Agreement”) with Ensign Holdings Inc. (“Holdings”), a wholly-owned subsidiary of Ensign, under which Trinidad will amalgamate with Holdings, with the amalgamated entity (“Amalco”) becoming an wholly-owned subsidiary of Ensign (the “Amalgamation”). Read more