Friday, July 25, 2025

Rosneft Drills Shallow Horizontal Well at 1,140 Feet

Via Rosneft Rosneft, as part of a PetroMiranda JV including PDVSA and Gazprom Neft, has drilled an unprecedented horizontal well GG1-14 at the Junin-6 block. The well is unique for the shallow depth, only 1,140 feet or about 347 meters, of the reservoir interval and the length of horizontal section 4,920 feet or 1,500 meters. The total length of the

House Approves Bill to End Crude Oil Export Ban

House approves bill ending oil export ban Via The Washington Times The House on Friday passed legislation approving U.S. oil exports, setting up another showdown with President Obama. Mr. Obama earlier this week threatened to veto the bill, which passed the House with bipartisan support by a vote of 261 to 159 on Friday afternoon. Twenty-six Democrats voted in favor

Only 1 in 5 Albertans Support Doubling Price of Carbon

Albertans Becoming Increasingly Concerned Over Economy: CAPP Poll CALGARY, ALBERTA–(Marketwired – Oct. 9, 2015) – Only about one in five Albertans support doubling the price of carbon, a sign of growing public concern about the competitiveness of the Alberta economy, according to an Ipsos poll commissioned by the Canadian Association of Petroleum Producers. “People are increasingly worried about their jobs and