Purposeful repurposing

As long as oil and gas companies have been erecting structures to drill for and produce hydrocarbons offshore, there have been those just as focused on the structures’ post-use afterlife-and their effects on the various ecosystems into which they were introduced. Source: News


MARKET WATCH: NYMEX, Brent oil prices gain more than $1/bbl

Light, sweet crude oil futures gained more than $1/bbl on Nov. 17 on the New York market as did Brent crude oil futures in London that same day. But oil prices ended lower for the week for the first time in 6 weeks. Recently, oil prices rallied to break above $60/bbl for the first time […]


Baker Hughes: US rig count jumps another 8 units to 915

The US rig count climbed again this week with an 8-unit jump to 915 rigs working during the week ended Nov. 17, data from Baker Hughes indicate. Rigs targeting natural gas in the US gained 8 units to reach 177 while those drilling for oil remained unchanged at 738 units. Source: News