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GeoGlobal Restructures Executive Team

July 31, 2010 By: RigZone Category: RigZone

GeoGlobal announced that on July 27, 2010 our Board of Directors approved a restructuring of the executive team leading our Company.

BP Hires Witt to Advise, Support Response Effort

July 31, 2010 By: RigZone Category: RigZone

BP has hired Witt to support BP’s work to restore Gulf Coast communities in the wake of the spill in the Gulf of Mexico.

PanTerra Resource Closes Private Placement

July 31, 2010 By: RigZone Category: RigZone

PanTerra Resource has closed a financing consisting of 292,500 units.

Schlumberger Launches OpenFRAC Fluid Additive Systems

July 31, 2010 By: RigZone Category: RigZone

Schlumberger announced the release of its new OpenFRAC family of hydraulic fracturing fluid additive systems.

US House Set to Vote on Offshore-Drilling Overhaul

July 31, 2010 By: RigZone Category: RigZone

U.S. House is set to vote on remaking the entire offshore-drilling system, setting up a fight over how far the government should go in removing support for the industry and instituting new safeguards following the Gulf spill.

TCEQ Proposes New Rules for Drilling Shale Gas in Tx.

July 31, 2010 By: RigZone Category: RigZone

The Texas Commission on Environmental Quality formally proposed new rules that will amend the regulations that govern oil and gas facility equipment.

Analysis: India Looks to Shale Gas to Meet Future Energy Needs

July 31, 2010 By: RigZone Category: RigZone

The Indian government and energy companies are setting their sights on shale gas development to meet its growing domestic energy needs.

Origin Energy Drills Ahead at Perth Basin

July 30, 2010 By: RigZone Category: RigZone

This well is being drilled to appraise the extent of the gas accumulation discovered by the Redback South 1 well.