360 Feed Wire – Page 14988

California Resources Corporation Announces 3rd Quarter and Nine Month 2014 Financial Results

October 22, 2014

California Resources Corporation, a subsidiary of Occidental Petroleum Corporation (OXY), announced net income of $188 million for the third quarter of 2014, compared with $235 million for the third quarter of 2013. Net income for the first nine months of 2014 was unchanged from the same period of 2013 at $657 million. In announcing the results, Todd Stevens, President and

Total’s Board of Directors pays homage to Christophe de Margerie and organizes the Group’s new governance

October 22, 2014

The Board of Directors met today and paid homage to Chairman and CEO Christophe de Margerie, who died tragically in an airplane accident in Moscow on the night of October 20-21, 2014. After joining the Group in 1974, Christophe de Margerie was appointed to the Executive Committee in 1999, then named CEO of Total on February 14, 2007, and Chairman

Ebola halts Exxon offshore Liberia exploration

October 22, 2014

PETRO GLOBAL NEWS – ExxonMobil has delayed the startup of its first offshore Liberia exploration well as concerns mount over the Ebola outbreak ravaging western Africa. An ExxonMobil spokesman told the Houston Chronicle that the planned late-2014 start date at offshore Liberia Block 13 will be pushed back because of “safety, health and logistical issues related to Ebola.” The company

Bakken briefs

October 22, 2014

Oilfield waste facility opens

Judge to hear Colorado man's plea agreement in teacher's killing in Bakken oil patch

October 22, 2014

A Montana judge will consider a plea agreement Wednesday that calls for a Colorado man to plead guilty to killing a high school teacher and burying her in a shallow grave in the Bakken oil patch.

Crude oil rule changes urged

October 22, 2014

Albany Two commissioners in the Cuomo administration are urging the North Dakota governor to back proposed rules that would make crude oil from that state’s Bakken field less explosive before it is shipped on rail cars, thousands of which are arriving at the Port of Albany. Environmental Conservation Commissioner Joe Martens and Transportation Commissioner Joan McDonald wrote Tuesday to North …

Firefighters want countywide plan

October 21, 2014

Local firefighters warned Bergen County officials on Monday that they don’t have the manpower, equipment or expertise required should there be an accident involving trains carrying millions of gallons of volatile Bakken crude oil that pass through their towns every day.

ND produced record 35M barrels of oil in August

October 16, 2014

North Dakota produced a record 35 million barrels of oil in August, according to figures released Wednesday by the state’s Industrial Commission. August also marked the Bakken oil formation’s one billionth …

Oil Drop Makes Drillers Own Worst Enemy; Gas Offers Haven

October 15, 2014

Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. Close Oil drilling in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota.

Bakken: Slumping Oil Prices Will Impact Investments in 2015

October 15, 2014

Bakken: Slumping Oil Prices Will Impact Investments in 2015

ARM Midstream To Build New Crude Oil Gathering System In Bakken/Three Forks Shale Gas Play

October 14, 2014

HOUSTON, Oct. 14, 2014 /PRNewswire/ — Asset Risk Management (ARM) (www.asset-risk.com) announced today that ARM Midstream, a wholly owned subsidiary of ARM, intends to construct a crude oil gathering system in the prolific Bakken shale gas play and underlying Three Forks formation. The gathering system project is the first phase of ARM’s desire to serve area producers via direct access and …

Senior Facilities Engineer / Advisor – Mechanical – Midstream

October 14, 2014

Senior opportunity in the Bakken for experienced midstream professional ready to take the next step in their career. Large international independent operator based out of Houston. Extremely profitable in the Bakken and leading the charge in the North.

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