Oil prices, planning, and lots of cost-cutting are yielding positive movement in Gulf of Mexico activity, including the first rig count uptick in years. How much optimism is warranted varies, but at present, things are clearly looking up. Drilling in the GOM should improve 7.7% to 140 wells, with an 8.3% gain in total footage [...]
Today the 3rd Annual UAS Symposium was kicked off in Baltimore, Maryland as Acting Administrator Dan Elwell announced the Federal Aviation Administration (FAA) is expanding tests of an automated system that will ultimately provide near real-time processing of airspace authorization requests for unmanned aircraft (UAS) operators nationwide.
Feb 12 (Reuters) – Unusually low U.S. natural gas inventories and delays in new cross-border pipeline capacity could slow exports this year to Mexico, which is heavily dependent on its northern neighbor for the fuel, analysts said on Monday.
Congress early Friday approved a two-year budget agreement which mandates the sale of 100 million barrels of crude oil from the Strategic Petroleum Reserve within a decade and authorizes sales of another $350 million of government-owned crude this fiscal year.