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News Briefs: Chesapeake Halting Drilling in Marcellus, Utica
Chesapeake Energy announced Feb. 26 that it will decrease costs by halting further drilling of new wells in the Marcellus and Utica Shale plays.
The Oklahoma City company put in…
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News Briefs: Iowa Decision on Bakken Pipeline On Hold
The Iowa Utilities Board approved a motion on Feb. 19 to recess its deliberation meeting on the proposed Dakota Access pipeline case. The pipeline has been approved in North and South…
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News Briefs: Rig Count Drops Big Again
The number of rigs seeking oil and natural gas in the U.S. declined by 30 last week to 541, according to oilfield services company Baker Hughes on Feb. 12.
The Houston-based company…
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News Briefs: Rig Count Takes Huge Hit
The number of rigs seeking oil and natural gas dropped by 48 last week to 571, according to data from oilfield services company Baker Hughes.
It’s the lowest level since 1999,…
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News Briefs: Rig Count Drops 18
The number of rigs seeking oil and natural gas declined by 18 last week to 619, according to data released by oilfield services company Baker Hughes on Jan. 29.
The Houston-based…
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News Briefs: Schlumberger to Cut 10,000 More Jobs
On the heels of disclosing a $1 billion loss for the final quarter of 2015 and customers abruptly cancelling projects, oilfields services company Schlumberger plans to cut 10,000 jobs…
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FlexiROC T15 R Upgrades Save Time, Reduce Drilling Costs
Drilling 1- to 2-inch-diameter blastholes for stone quarries and construction projects is even more efficient with updates to the Atlas Copco FlexiROC T15 R. The rubber-tired,…
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News Briefs: 1 Dead in Oilsands Plant Explosion
One worker was killed and another was critically injured Jan. 15 in an explosion at an oilsands plant near Fort McMurray, Alberta.
Nexen Energy ULC says the explosion at its…
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News Briefs: Texas Man Killed In Oilfield Accident
An Odessa, Texas, man was killed in an oilfield accident on Jan. 7 in Midland County after he was hit by a piece of equipment being loaded onto a flatbed trailer.
The Midland County…
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News Briefs: First Crude Oil Export Ships Out of US
The first cargo shipment of U.S. crude oil to be exported to a country other than Mexico or Canada left Corpus Christi, Texas, on Thursday, December 31, bound for Italy. ConocoPhillips…