GLG News by Shallow Drilling Experts

Gamesa continues to gain US market share by providing an excellent product and service.  The US demand will exceed an annual growth rate of 29%.  Gamesa has the opportunity gain more market. The LoneStar Wind Alliance is a Department of Energy facility to e built in Port Aransas, Texas.  ...

Nelson D. Schwartz and Jad Mouawad reported in the October 25-26 issue of the International Herald Tribune that OPEC announced in a brief emergency on Friday that it would reduce production by 1.5 million bbl/day. The deepest cut since 2003 failed to provide price support as the price of light sweet...

Senior Staff Writer Paula Dittrick reported in the October 20 issue of the Oil & Gas Journal that oil shale deposits in the U.S. could be the most practical option to add large volumes of proved reserves. It may take 10-15 years for research scientists to determine if a development investment would...

Andrew E. Kramer in Moscow reported in the October 23 issue of the International Herald Tribune that OPEC’s Secretary General Abdullah al-Badri has held meetings with President Dmitri Medvedev to discuss possible cooperation in crude oil production cuts. On Russian television, Medvedev told al-Badri...

On October 17, the Oilvoice Newsletter reported a speech by Andy Inglis, Chief Executive of BP Exploration & Production at Rice University in Houston, where BP has established partnership arrangement. Inglis did not refer to retiring baby boomers. Changing the guard means plugging the capability...

Roger Lowenstein reported in the October 18-19 issue of the International Herald Tribune that before the mortgage meltdown crisis, the primary economic problem in the U.S. was energy. The presidential campaigns were focused on gasoline prices. Ordinary people commenced walking to town rather than driving....

Jad Mouawad in New York reported in the October 17 issue of the International Herald Tribune that crude oil prices fell below $70/bbl on Thursday triggering an emergency OPEC meeting set for next Friday (October 24). Analysts expect a production cut of one million bbl/day. Oil company executives and...

The Oil Voice Newsletter reported October 17 on an article by Neil King Jr. & Spencer Swartz (Dow Jones Newswires) regarding the pressure of falling crude oil prices on the budgets of some oil-producing countries. Iran and Venezuela are particularly concerned because oil revenues keep their strained...

The editors of the Oil & Gas Journal reported on line on October 14 that production from Beaver field in British Columbia may be extended by a new pay zone. On a three day test, Questerre and Transeuro’s A-5 well flowed 10 million cubic feet/day of dry gas at 3,000 psi tubing head pressure. The...

The New York Times on October 15 noted the importance of the Marcellus shale in Appalachia as a source of shale gas. To make these deep natural gas wells commercial requires horizontal drilling and multiple fracturing of the pay zone. Fracturing entails high pressure injection of large volumes of water...