Britain set to outlaw fracking after decades of debate
(Oil Price) – There have been discussions around fracking in the U.K. for years, with the government going back and forth on whether to support new operations. Politicians have explored the potential for fracking, which has been successful for fossil fuel recovery in the
Shell, INEOS make new oil discovery in Norphlet play in U.S. Gulf
(World Oil)– Shell and INEOS Energy have made their first oil discovery in the Gulf of America after confirming hydrocarbons at the Nashville exploration well, a deepwater Norphlet find operated by Shell. The Nashville well, drilled in the Norphlet formation, was drilled more than five miles
Permian oil producers face higher costs with new saltwater rules
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with
