-
News Briefs: Ruptured California Pipeline Spills 21,000 Gallons of Crude
A pipeline that ruptured near Santa Barbara on May 19 leaked an estimated 21,000 gallons of crude oil, according to Coast Guard authorities. Some of the crude flowed into the ocean and…
-
News Briefs: Baker Hughes Gives University of Wyoming $1M for Research
Oilfield services company Baker Hughes has given the University of Wyoming $1 million to support research on unconventional oil and gas reservoirs in the state, according to the…
-
News Briefs: Rural Town Evacuated after Oil Train Derails
No one was injured and the small community of Heimdal, North Dakota, was evacuated following a derailment of a 109-car BNSF railway train Wednesday morning.
The train that derailed…
-
News Briefs: Oilfield Services Company Slapped With Fine
Oilfield services company J&M Energy Services was fined $60,900 by the Occupational Safety and Health Administration (OSHA) for violations found during an investigation that began in…
-
News Briefs: Oil Production in Bakken, Eagle Ford Rises Slightly
Oil production from the Bakken and Eagle Ford shale plays increased by 17,000 barrels per day (b/d), or 1 percent, in March versus February, according to analytics and forecasting…
-
News Briefs: ConocoPhillips Plans to Add Rigs in 2017
ConocoPhillips plans to add drilling rigs in 2017 in key U.S. shale acreage based on its expectations for crude price recovery, the company’s CEO announced to investors on April 8.
… -
News Briefs: Another Oilfield Services Company Cutting Hundreds of Jobs
Oilfield services company Frank’s International NV plans to cut up to 600 jobs — about 13 percent of its workforce — the company announced on March 31.
The cut will take place in…
-
News Briefs: Canada Crude Falls Below US$30
Crude prices in Canada fell below US$30 for the first time in over six years. This marks the lowest crude price since Feb. 18, 2009.
In a statement released March 16, Bank of Montreal…
-
News Briefs: Union, Oil Industry Reach Tentative Deal
The United Steelworkers union announced on March 12 that a tentative deal to end the largest U.S. refinery strike in 35 years was reached with the oil companies.
The new agreement,…
-
News Briefs: Legend Oil and Gas to Purchase Maxxon Energy
Oil and gas production company Legend Oil and Gas is planning to acquire Bakken-based Maxxon Energy for $4.35 million, according to a letter of intent filed by Legend on March 8.
…