Archive | Global and Regional Markets

Chevron completes 3 wells in deepwater GOM with multi-zone completion technology

Posted on 23 April 2013 in Global and Regional Markets, Innovating While Drilling, News, The Offshore Frontier

Chevron has successfully completed three wells in the Lower Tertiary in deepwater Gulf of Mexico (GOM)…

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Drilling costs at top of economic factors for geothermal projects

Posted on 15 April 2013 in Global and Regional Markets, News

No longer the “forgotten resource,” geothermal energy is seeing double-digit growth globally, while in the US, the decision by Congress to extend the geothermal tax credit…

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UT study puts Barnett total recoverable reserves at 44 trillion cu ft

Posted on 11 April 2013 in Global and Regional Markets, News

A comprehensive study of the Barnett Shale has put total recoverable reserves in the basin at 44 trillion cu ft in the base…

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Shale gas panel: Industry must engage, educate public to win trust

Posted on 11 April 2013 in Drilling It Safely, Global and Regional Markets, News

In the discussion of the environmental impact of shale gas development, the word “impact” has become more of a reference…

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Proposed 2014 budget for BSEE increased by $24.8 million over 2012 enacted levels

Posted on 10 April 2013 in Global and Regional Markets, News

US President Obama announced today that he has requested $222.1 million for the Bureau of Safety and Environmental…

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William Reilly weighs implications of energy efficiencies, shale development

Posted on 10 April 2013 in Global and Regional Markets, News

Recognizing the oil and gas industry for its collaborative work with scientists, the government, economists, environmental…

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Delays anticipated for BLM under US budget sequester; BOEM, BSEE also expect slower pace

Posted on 01 April 2013 in Global and Regional Markets, News

The US budget sequester, resulting in millions of dollars in cuts this year for key oil and gas regulatory…

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CEOs: Industry renaissance requires cooperation, technology to meet rising energy demand

Posted on 28 March 2013 in Global and Regional Markets, News

The oil and gas industry is entering a renaissance, but only if it can embrace a new paradigm of cooperation and technology…

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Petrobras announces US $236.7 billion business plan for 2013 – 2017

Posted on 20 March 2013 in Global and Regional Markets, News, Onshore Advances, The Offshore Frontier

Petrobras has announced a US $236.7 billion budget under a 2013-2017 Business & Management Plan (2013-17 BP)…

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Latin America: Growth expected across the board

Posted on 18 March 2013 in 2013, Features, Global and Regional Markets, March/April, The Offshore Frontier

Picture Latin America as a quilt. In unison, the pieces come together to form a vibrant and vast region, but separately, every patch tells a story all its own. “Each country has different needs and challenges regarding…

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