Mammoth Energy Group Announces Results of First Well in Pawnee County, OK

Mammoth Energy Group, Inc. announced the results from the first well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. This first well was drilled to a depth of 1688′ and had commercially viable amounts of oil in the Layton from 1542′ to 1551′. The well was acidized and treated before being completed for production in this interval. Due to a backlog... 

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EnCana discovers small natural gas leak at well site near Dawson Creek, B.C.

Shortly after noon today, a contract worker discovered a small natural gas leak at an EnCana Corporation well site south of Dawson Creek, B.C. EnCana immediately initiated emergency response procedures and operations engineers are working to stop the leak. The volume of natural gas leaking from the well is very small and does not present a danger to field workers, area residents or the public. Residents... 

Atlas Oil and Gas Announces Results of First Well in Pawnee County, OK

Atlas Oil and Gas, Inc. announced the results today from the first well in its 8 well project located near the Arkansas River in Pawnee County, Oklahoma. This first well was drilled to a depth of 1688′ and had commercially viable amounts of oil in the Layton from 1542′ to 1551′. The well was acidized and treated before being completed for production in this interval. Due to a backlog... 

PEMEX Deploys Energy Solutions’ PipelineManager Software

Energy Solutions International, Inc., a world-leading supplier of software solutions that optimize operational and commercial performance of oil and gas pipelines, announced that PEMEX Gas y Petroquimica Basica (PGPB) selected PipelineManager® software for comprehensive management of its 12,000 kilometers of natural gas, liquid petroleum gas and petrochemical pipelines. PGPB is one of four divisions... 

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JAG Media Holdings, Inc. Announces Letter of Intent for the Merger of BlueCreek Energy, Inc.

JAG Media Holdings, Inc. announced that it has entered into a non-binding letter of intent with BlueCreek Energy, Inc. and several other parties, pursuant to which BlueCreek will merge with a wholly-owned subsidiary of JAG Media. In consideration of the merger, the shareholders of BlueCreek would receive at the closing a number of shares of JAG Media’s common stock, which upon issuance would... 

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New Shoshoni Ventures Ltd.: Natural Gas Exploration Well Update

New Shoshoni Ventures Ltd. has received a Completion Report in respect of its Sunrise natural gas well, 16-25-79-17 W6M, located in Northeastern British Columbia. This well, which was spudded March 6, 2008, has been classified as a potential Paddy Gas Well. Operations on the well have been suspended awaiting recorder information, which is expected to be available by mid August 2008. Two 5,000 ton propane... 

Anadarko Stays With Production Guidance

Independent oil and gas producer Anadarko Petroleum Corp. says it will stick with its production outlook for the year, despite delays in the repair of a natural gas pipeline. The company still expects to produce 207 million to 212 million barrels of oil equivalent for the year. In 2007, the company reported total sales from retained properties, which excludes sold assets, of 196 million barrels of... 

U.S. urged to bury carbon dioxide from coal

Top coal-burning countries like the United States should start burying carbon dioxide emissions from power plants as a wider crackdown on greenhouse gases looks increasingly likely, according to a study. The U.S. government should help fund up to five demonstration projects that entomb emissions of the main gas scientists link to global warming, said the study, released on Wednesday by the Massachusetts... 

Roughnecks Get Maids as Shell, Exxon Battle Oil Worker Shortage

Donnie Lewis says he’d quit the coldest, dirtiest job he’s ever known — drilling in Canada’s oil-rich bogs for Suncor Energy Inc. — if it wasn’t for the free private room, maid service and five-course meals. “I wouldn’t do it if I had to share a room with six other fellows, all snoring and making a racket when you’re trying to get a few winks,”... 

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Oil prices hover above $59 a barrel

Oil prices slipped but remained above $59 a barrel Thursday ahead of a U.S. government report that is expected to show crude oil inventories rose last week. Traders were also watching developments in the Middle East, with the stage being set for a fresh showdown between Iran and Western powers over the nation’s nuclear program. Light, sweet crude for April delivery on the New York Mercantile...