drilling News

Colorado Refocuses Rules on Safety, Won’t Halt Drilling

Colorado officials said that they had no plans to stop energy companies from drilling for oil and gas while regulators overhaul state rules to make health, safety and the environment their top priority. Dan Gibbs, chief of the state Department …

Oil And Gas Spills Down in Colorado During Drilling Slowdown

Spills related to oil and gas development in Colorado are down for the second straight year amid a slowdown in drilling. The Daily Sentinel reported Tuesday that an analysis of state data by the conservation group Center for Western Priorities …

All Risks Launches Down Hole Tool for South Central Onshore Oil, Gas Industry

The South Central offices of All Risks, Ltd. have designed a “down hole specialty rental tool” insurance product for Lost In Hole (LIH). This coverage is available to oil & gas drillers and operators as well as rental tool companies. …

Shell Drill Ship Runs Aground On Island Off Alaska

Royal Dutch Shell PLC’s foray into Arctic offshore drilling has suffered a serious setback after one of its two Alaskan drilling rigs ran aground off a small island while trying to escape a fierce storm. The Kulluk drilling ship grounded …

Earthquake And Drilling Link Prompts Colorado Review

A new report says earthquakes in Colorado and elsewhere may have been caused by a drilling procedure to dispose of wastewater. In a report announced Wednesday, geophysicists say an increase in earthquakes on the Raton Basin in Colorado, northern New …

Total to Proceed with Work to Cap Leaking Gas Well

French oil producer Total said it would pump mud into a well to stop a gas leak at its Elgin platform in the North Sea, after a reconnaissance team found that conditions were safe enough to allow the operation. Operations …

Chevron, Transocean Face New Multi-billion Brazil Lawsuit; ‘Outrageous’ Say Companies

A Brazilian federal prosecutor on Tuesday launched his second 20 billion real ($10.9 billion) lawsuit against U.S. oil company Chevron and driller Transocean, doubling the stakes against the companies as critics call him as overzealous. The new lawsuit, the prosecutor’s …

Total: “May be Months” to Stop North Sea Gas Leak

A cloud of explosive natural gas boiling out of the North Sea from a leak at Total’s abandoned Elgin platform forced wider evacuations off the Scottish coast on Tuesday as the French oil company warned it may take six months …

Brazil Fines Chevron $28 Million for Oil Spill; Backlash Feared