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Drillers cut natural gas production as prices drop to about $2.50

PITTSBURGH - As natural gas prices continue to drop, the recent nationwide boom in drilling is slowing. Drillers don't make money if prices go too low - and drilling wells isn't cheap."It is safe to say that there will be fewer natural...
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Second major oil company abandons Arctic exploration

...Chukchi Sea for seven years but has never drilled in Arctic waters off Alaska. Elsewhere in the Arctic, it remains an active driller.Last month, Royal Dutch Shell announced it would abandon exploration in the Alaskan Arctic after what it said were poor...
Geothermal wells to save energy

After weeks, or even months of preparation, Alaska well driller Tim Hlavnicka sank his first well Friday and hit nothing but gravel. He was thrilled.Hlavnicka's company, Aquasource, was...
Doyon, partners launch exploratory gas well

FAIRBANKS - Drillers punching 11,000 feet beneath Nenana...discouraging," Mery said of progress so far. Drillers pulled the pipe Friday to conduct a mandatory...that's quiet and dark," the burly driller said. He pointed out drill bits with...
Photo: Soil sampling

...Public Facilities, collects a core sample that was drilled near the Brotherhood Bridge and the MendenhallRiver. DOT&PF drillers Ron Wagseer, left, and Jason Love drill for another sample. The crew will be drilling in the area for a couple weeks to...
ND passes Alaska to become nation's No. 2 oil producer

...second-leading oil-producing state in the nation, trailing only Texas, state officials said Tuesday.North Dakota oil drillers pumped 17.8 million barrels in March, with a daily average of 575,490 barrels, Assistant State Mineral Resources Director...
A day in the life of Green's Creek

...entrance to the mine, it's 10 a.m. and driller Gregg Smith is painting an ore face with...pattern around a center hole. After a driller is done, powder man Greg Pegues it return to sender," he said. Driller Gregg Smith maps out a tunnel wall with...
Gas prices still look low for summer even after spring surge

...propelled by evidence in recent weeks that drillers in the U.S. and around the world have...crude oil remain extremely high, and drillers who have been waiting on the of the country's biggest shale drillers, told investors in a recent call that...
Empire Editorial: Thumbs up, Thumbs down for May 18, 2015

...Alaska a share of the revenue from oil drilling in federal waters. Since statehood, Alaska has not received anything when a driller sinks a well more than 3 miles offshore. Murkowski has tried before to give Alaska a share of the oil in federal waters off...
Shell's $70 billion takeover could herald wave of mergers

...they wrote in a research note.Exxon made the last giant oil and gas acquisition when it agreed to buy the U.S. shale driller XTO Energy for $31 billion in 2009.The takeover of BG Group allows Shell to replace reserves at a time when exploration...


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