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Saudi Arabia Oil Drilling News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Saudi Arabia Oil & Gas.
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Latest Saudi Arabia Oil Drilling News

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  • Falklands' Oil - Time to Defuse the Bomb 4 Dec 2009 02:34 GMT
    ... Falklands' Oil - Time to Defuse the Bomb December ... thoroughly analyze data recovered from the exploratory drill. Even after analysis other factors will kick ... for drilling in a frontier province. Desire Petroleum had to wait years for a suitable ...

  • Losing Our Golden Egg: N.M.'s Oil, Gas Revenues Shrinking Due To Tougher Regulations, Supply Glut 29 Nov 2009 21:11 GMT
    ... become increasingly anti-business," said David Entzminger, a petroleum geologist with Whiting Petroleum Corp. based in ... reap what you sow." The New Mexico Oil and Gas Association and the state Oil ... agrees pit rules that govern disposal of drillingsite waste have caused some producers to drop ...

  • Oil Shale versus Shale Oil 26 Nov 2009 19:32 GMT
    ... Richfield's 60 percent interest in the Colony Oil Shale project in Colorado for $400 million. ... the first stages in the process of petroleum generation from organic matter; bitumen--the hydrocarbon targeted ... high degree of . When a producer drills a well in a conventional field, oil ...

  • The Difference Between Oil Shale and Shale Oil 30 Nov 2009 19:33 GMT
    ... Atlantic Richfield's 60% interest in the Colony Oil Shale project in Colorado for $400 million. ... the first stages in the process of petroleum generation from organic matter; bitumen--the hydrocarbon targeted ... high degree of . When a producer drills a well in a conventional field, oil ...

  • Pump It Up: The Development of Iraq's Oil Reserves 27 Nov 2009 18:34 GMT
    ... grab by Western companies for Iraq's vast oil reserves. Nearly seven years on - and ... partnership between Britain's BP and China National Petroleum Corp. (CNPC) for production rights to southern ... and Chinese companies won the right to drill for 20 years in what is believed ...

  • Extreme oil: Scraping the bottom of Earth's barrel 2 Dec 2009 18:13 GMT
    ... EIGHTY-FIVE million barrels. That's how much oil we consume every day. It's a staggering ... or clay and a viscous, black, sticky petroleum deposit called bitumen), oil shale (a sedimentary ... which means that when the wells are drilled, the oil usually gushes to the surface ...

  • How Offshore Oil and Gas Production Benefits the Economy and the Environment 30 Nov 2009 19:09 GMT
    ... Conventional wisdom holds that offshore oil and gas production harms the surrounding environment. ... Mexico -- are off-limits to exploration and drilling. Government studies estimate that these restricted areas ... oil and tar. Papers published by British Petroleum in the early 1990s show that over ...

  • A Recent History Of Oil Prices! And Causes of the violent movements 30 Nov 2009 16:43 GMT
    ... A Recent History Of Oil Prices! And Causes of the violent movements When ... last two decades regarding the price of crude oil, we learn some very significant facts ... on variances in amounts of oil demanded, drilled, processed and sold by both OPEC and ...

  • Saudi Aramco to Complete Manifa Oil Field in 2015 4 Dec 2009 20:21 GMT
    ... Arabia expects to complete its Manifa heavy oil field in 2015, four years later than originally ... building a man-made causeway to 27 shallow-water drilling islands, will eventually produce 900,000 barrels a ... produce 900,000 barrels a day of heavy crude oil, 900 million cubic feet a day ...

  • Iraq and its oil: Deterring foreign investors (Sep 24th) 3 Dec 2009 18:51 GMT
    ... Iraq’s ramshackle oil ministry is not encouraging foreign investment SUITORS ... been telling companies looking for exploration and drilling contracts to give unusually large upfront loans ... Even so, BP and the China National Petroleum Corporation (CNPC), which won the contract, are ...

  • Parker Drilling Company Q1 2008 Earnings Call Transcript 28 Nov 2009 11:33 GMT
    ... Welcome to the Parker Drilling first quarter 2008 conference call. (Operator Instructions) ... asked a lot of questions about our Saudi Arabia joint venture and we were unable ... Montana could potentially have the largest recoverable oil resources in the lower 48 states with 3 ...

  • Saudi Aramco Targets Manifa Project Completion By 2015 3 Dec 2009 16:15 GMT
    ... Dow Jones), Dec. 3, 2009 Saudi Arabian Oil, the world's largest oil company, said Thursday the projected ... 900,000 barrels a day of Arabian Heavy crude oil, 900 million cubic feet a day ... added 60% of the project's causeway and drilling islands system will be completed in 2009 ...

  • Saudi-Yemeni War II? 5 Dec 2009 13:17 GMT
    ... Saudi Arabia has an 1,100-mile border with Yemen ... United States is involved. We use Saudi oil because we won't drill our own. This entry was posted on ...

  • World to Need Much More Oil 3 Dec 2009 23:31 GMT
    ... order to meet the growing demand for oil, the world will need a surplus production volume ... a surplus production volume equivalent to the Saudi production every two years, up until 2020. ... risk is minimum," because the 13 wells drilled so far all contain oil. The pre-salt ...

  • Falkland Islands oil reserves 'to help British economy' 2 Dec 2009 12:21 GMT
    ... The estimated amount of oil has already led to the British financial sector ... south of the Falklands. Oil companies last drilled in the Falklands in 1998 but stopped ... The world's biggest oilfield is Ghawar in Saudi Arabia. It is thought to contain 80 ...


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