Oil & Gas
Top stories summarized by our editors
2/21/2018

Alaska Gov. Bill Walker's administration is requesting permission from the state Legislature to spend $10 million to conduct seismic surveys in the coastal plain of the Arctic National Wildlife Refuge to collect more data on the region's oil and natural gas potential.

2/21/2018

Technology group Rotech Subsea will use a controlled flow excavation tool for offshore cable trenching in the Middle East. The tool, which the company developed last year, operates in ultra-shallow water.

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Offshore online
2/21/2018

Oil and natural gas production in Norway increased from December to January, the Norwegian Petroleum Directorate says. The country produced an average of 1.6 million barrels of oil per day in January, up 5% from December, and 12.9 billion cubic feet of gas per day in January, up 2.2% from the previous month.

2/21/2018

SDX Energy plans to plug an onshore well in Morocco after determining it has no commercial viability. The UK-based company drilled the well -- the sixth in a nine-well effort -- 1,293 meters deep in the Sebou permit area.

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SDX Energy, Morocco, Sebou
2/21/2018

Louisiana-based PetroQuest has finished drilling two wells in East Texas and is planning a horizontal drilling program at the site this year. One well had a lateral length of 1,905 meters and the other a lateral length of 1,640 meters.

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PetroQuest, Texas
2/21/2018

Houston-based Noble Energy says it's about 40% finished with developing the Leviathan natural gas field off the coast of Israel. The company is working on the $3.75 billion first phase of the project and expects to start selling gas by the end of next year.

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Noble Energy
2/21/2018

Monday's eruption of the Mount Sinabung volcano on the Indonesian island of Sumatra destroyed the mountain peak's 1.6-million-cubic-meter lava dome, images from Indonesia's Center for Volcanology and Geological Hazard Mitigation show. The eruption blasted ash 5 kilometers high and up to 4.9 kilometers down the mountain.

2/21/2018

Four small earthquakes shook the San Francisco Bay Area near Danville, Calif., on Tuesday, a day after two other small temblors hit the same region. A magnitude 2.8 quake occurred northwest of Diablo around 1:30 a.m. Tuesday, followed by three quakes with magnitudes ranging from 2.6 to 3 in Diablo and Danville three hours later.

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San Francisco
2/21/2018

Scientists have discovered signs of instability in what are considered to be stable interior tectonic plates in South America and Africa. Researchers analyzed structures beneath stable rock deposits known as cratons, finding a reduction in density and areas of high topography.

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South America, Africa
2/20/2018

A stronger price environment has prompted the likes of Pioneer Natural Resources and Anadarko Petroleum to ramp up share buybacks, marking a turnaround from the past three years when oil and natural gas producers sold more than $60 billion worth of new stock. Shares of some producers are down to multiyear lows, making it the right time for companies to buy back their stock.