What’s New

Plummeting WTI Oil Prices.

Plummeting Oil Prices, How low will the 2015 OIL PRICES go ? January 08, 2015 With the February WTI Contract Oil Prices plummeting below $50 US and Brent below $55 US, it is becoming exceedingly clear future Oil Prices could fall further if World Oil Producers [especially the Saudi’s] do not take any action. Some energy Read More

OIL PRICE CRASH

OIL PRICE CRASH OIL PRICE CRASH forces Oil Exploration Companies into “Survival Mode” As the Oil Price Crash leaving WTI hovering at the $55 range and Brent in the $60 range Oil Companies are re-vamping their 2015 Budgets and Exploration Plans. Many companies have already reduced their 2015 exploration plans by 30-50% to allow for the reduction of Read More

TAMBORAN RESOURCES suffers set back on their “SHALE GAS” project in Northern Ireland

                    TAMBORAN RESOURCES “SHALE GAS” project suffers set back in Northern Ireland   After many long months planning Tamboran Resources was “Disappointed” to learn that their application to drill one of Northern Ireland’s SHALE GAS Wells near the town of Belcoo, Co Fermanagh was denied by the Northern Executive SDLP Minister of the Environment Mark H. Durkan this month. Read More

History Video of the TURNER VALLEY Oil Field in 1947

History Video of TURNER VALLEY Oil Field in 1947 This is a great video showing a quick flshback into the the Oil Industry in the Turner Valley Area around the 1947 years. It demonstrates how much has changed in the “Oil Patch” over the last 60 plus years. I hope you enjoy this. http://boereport.com/oil-and-gas-news-headlines/news/watch-terrific-film-shot-in-1947-about-the-oilfields-in-turner-valley/

NORTHERN GATEWAY DELAYS

Bureaucracy Hinders Northern Gateway Pipeline Project Building Pipelines and Deep Port Facilities take a lot of time for public hearings, government approvals and land claim negotiations; but Canadians must ask themselves “Do You want to make Mega Dollars in Revenue or Do You want to leave the resources in the ground?”. the big question is: Read More

Contract Sample Washers Benefit Wellsite Geologists

Sample Washers can be a Beneficial Alternative for Cutting Costs  With the introduction of new drilling technology to increase the drilling rates, as well as the Oil Companies attempts to reduce up-stream operating costs; there are now greater demands on Wellsite Geologists to effectively time balance their daily duties. In some cases Oil Companies are opting to “waiver” Read More