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Posts under ‘oil rig news’

New Report Promotes Off-Shore Drilling

A leading congressional proponent of offshore drilling is expected to take part in the release next week of a new report promoting further oil and gas exploration in the Gulf of Mexico, including waters close to Florida.

Drilling Up In North Dakota After Agreement

A tax agreement that standardized the rules for oil drilling on an American Indian reservation in North Dakota has spurred more exploration and brought in more than $18 million in revenue, state and tribal officials say.

New York Lawmakers Argue Hydrofracking

As New York wrestles with how to regulate natural gas drilling, state lawmakers from Central New York will soon have to decide an important question: Do they support high-volume hydraulic fracturing?

Permian Basin Drilling Picking Up

The Odessa American reports on Permian Basin drilling activity which is on the upswing with new hiring reported.
…numbers are quickly approaching the 312 permits the commission issued in July 2008, when oil prices reached an all-time high of more than $147 a barrel. They are well above the 139 permits issued in May 2009.
“Things are [...]

Wyoming Gas And Oil Drilling Permits Down

The U.S. Bureau of Land Management processed fewer oil and gas drilling permits in Wyoming last year than in any year since 2003, the agency’s Wyoming office reports.
The BLM’s Wyoming office says it processed 2,162 oil and gas drilling permits last year, down from 3,681 in 2008.

Oil Drilling Means California Jobs

From CBS13 in Sacramento:
There’s a measure to raise billions of dollars for California this year, without raising taxes. If passed, it could provide extra funding for education, health and welfare. So why is this proposal causing controversy at the Capitol?
The answer is oil – the lubricant that could be the key to helping the Golden [...]