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US rig count up 15 this week to 539; Louisiana gains 6

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 539. A year ago, 787 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 432 rigs sought oil and 105 explored for natural gas ...

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OPEC must enact cuts for sustained oil price rise, IEA says

PARIS (AP) — The International Energy Agency is urging OPEC countries to swiftly deliver on promised production cuts if they want to see a sustained increase in oil prices that will also help shore up their economies. In its monthly report Tuesday, the global watchdog said production from the Organization of the Petroleum Exporting Countries hit a record high in ...

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Laborers union applauds Dakota Access pipeline ruling

North Dakota oil production, pumpjack

BISMARCK, N.D. (AP) — North Dakota’s congressional delegation and a laborers union are applauding a federal appeals court ruling allowing construction to continue on a small stretch of the four-state Dakota Access pipeline. The ruling Sunday clears the way for pipeline work to resume within 20 miles of Lake Oahe in North Dakota. The pipeline is otherwise nearly complete. The ...

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US rig count up 2 this week to 524

rig count, Baker Hughes

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 524. A year ago, 795 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 428 rigs sought oil and 94 explored for natural gas ...

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Port Fourchon to expand for deepwater rig operations

offshore drilling, Port Fourchon

PORT FOURCHON, La. (AP) — The Greater Lafourche Port Commission says agreements have been reach that will advance a plan to develop the Gulf’s first purpose-built, deepwater rig repair and refurbishment facility to service the oil and gas industry. Chett Chiasson, Port Commission executive director, said in a news release the agreement is with the Edward Wisner Donation, granting the ...

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US asks judge to uphold cancellation of Montana energy lease

rig count

BILLINGS, Mont. (AP) — The Obama administration wants a federal judge to uphold its decision to block oil and gas drilling on land considered sacred to some tribes in the U.S. and Canada, as industry groups warn the government’s move sets a precedent against energy development. Justice Department attorneys urged the judge in court documents filed Monday to reject a ...

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Report shows Bakken production increases for July

pump jack, north dakota oil production

Oilprice.com recently reported Bakken oil production was up 3,046 barrels per day in July, despite an overall down trend. The report shows a preliminary total of 13,255 producing wells and a current (September) rig count of 33. This compares to an all-time high of 218 in May 2012. The rig count continues to slowly increase. Oilprice noted that over 98 ...

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USGS says 3.5-magnitude earthquake hits northern Oklahoma

Oklahoma earthquake, wastewater disposal well

PAWNEE, Okla. (AP) — A 3.5-magnitude earthquake struck northern Oklahoma on Tuesday morning, hitting the same spot where a record-setting temblor was centered a month ago. The U.S. Geological Survey says Tuesday’s earthquake hit shortly after 4 a.m. with an epicenter about 10 miles northwest of Pawnee, or about 75 miles northeast of Oklahoma City. There are no reports of ...

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Oil pipeline protester accused of terrorizing officer

DAPL protest

MANDAN, N.D. (AP) — North Dakota authorities have issued an arrest warrant accusing a pipeline protester on horseback of charging at a police officer. Mason Redwing, of Fort Thompson, South Dakota, is wanted on felony charges of terrorizing and reckless endangerment in the Sept. 28 incident near St. Anthony. He’s also wanted on a previous warrant for criminal trespass. The ...

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US Justice Department investigating Chesapeake Energy

OKLAHOMA CITY (AP) — The U.S. Department of Justice has opened an investigation into possible antitrust violations by Chesapeake Energy Corp. The Journal Record reports (http://bit.ly/2dwWCJ5 ) the agency has subpoenaed documents related to how the driller pays royalty owners and accounts for oil and gas reserves. Chesapeake disclosed the subpoena Thursday in a regulatory filing with the U.S. Securities ...

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