Colorado and California: Getting Gassed Together

In the past few weeks, something truly unusual happened here in Colorado. It wasn’t that the Arctic Vortex had taken up residence in the state. The temperature at the North Pole, at least for a moment, was warmer than the prevailing temperatures along Colorado’s front range.

Chinese company signs oil exploration contracts with Ecuador

QUITO – A Chinese-owned consortium has signed two contracts with the Ecuadorian government to explore two oil blocks in the southern province of Pastaza. The contracts with Andes Petroleum marked the start of oil exploration in Ecuador’s southeastern region and showed foreign investors’ trust in the Ecuadorian government, Ecuadoran Minister of Hydrocarbons Carlos Pareja said on Tuesday.

Fracking fears raised by U.K. methane gas study

Research on the amount of gas leaked from onshore oil and gas wells raises “serious questions” over the development of fracking in the UK, Greenpeace has said. Around a third of former onshore oil and gas wells are leaking methane gas, according to the research led by scientists at the University of Durham.

Rig Count: Capitulation?

The U.S. land rig count was down 37 this week and the land horizontal rig count was down 30. Is this capitulation? Hard to say but it’s the biggest drop since March 2015. And, the Fayetteville Shale play officially bit the dust this week with zero rigs for the first time since the play began in 2005.

Energy firms ask Oklahoma judge to toss earthquake lawsuit

Oklahoma, lawsuit
TULSA, Okla. (AP) – Two energy companies asked a judge Wednesday to throw out a lawsuit by an Oklahoma woman who claims she was injured in an earthquake caused by the injection of wastewater deep into the ground – a long-used method to dispose of the chemical-laced byproduct of oil and gas production.