According to a new assessment of the Marcellus Shale by the U. S. Geological Survey (USGS), the Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids.
Daewoo Shipbuilding & Marine Engineering (DSME) has awarded Aker Solutions a contract to supply two drilling equipment packages to the new 'Cat D' drilling rigs the yard is building for the rig operator Songa Offshore.
BP Trinidad and Tobago (bpTT) today announced the start of natural gas production from the Serrette field, offshore Trinidad. Serrette is located in 280 ft (90 m) of water off Trinidad’s south east coast.
Daewoo Shipbuilding & Marine Engineering Co. has won a US$ 280 million deal to build a floating storage and regasification vessel. The vessel will be delivered in 2014.
KBR has been awarded a contract by Hyundai Heavy Industries Co. Ltd. to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) project, to be located west of Shetland Isles in UK waters.
Several State Agencies and WellDog announced today that they have located $11.7 million worth of gas in the Pawnee coal of the Leiter field, which was abandoned and had been slated for plugging by the Wyoming Oil and Gas Conservation Commission.