Posts Tagged ‘well’

Well exploration in East Texas exceeds Horizon’s expectations

GULFPORT — Horizon Energy Corporation reports better-than-expected results for its exploration project in East Texas, and has received the first proceeds from the initial well. The well came out of workover and stimulation operations in July. Horizon is conducting the joint exploration project with Ponta E&P and is currently evaluating other drilling opportunities with Ponta […] [...]

Horizon ‘optimistic’ after testing in Texas shows oil, gas

GULFPORT — Horizon Energy Corporation is “optimistic” after fracture stimulation testing at the Holmes Oil Unit Number 1 in Cherokee County, Texas. Swabbing procedures have confirmed the presence of oil and gas in sufficient quantities to warrant scheduling production. A workover rig will arrive onsite within the next two weeks to put pump equipment back […] [...]

Horizon Energy rolls out Intellipumper for digital oil fields

GULFPORT — Horizon Energy Corporation (OTCQB:HORI) has introduced the Intellipumper, a new rod pump control solution to optimize the reliability and energy efficiency of pump wells. The Intellipumper was designed for digital oilfields and comes ready for use, featuring cable-free installation, integrated supervisory control and data acquisition (SCADA) communications, wireless control and low maintenance. “Our […] [...]

Oil exploration company gets $400M from private equity firm

WILKINSON COUNTY — A private equity firm will invest up to $400 million to support efforts by Houston-based Halcón Resources Corp to drill for oil on the 314,000 acres that Halcón has leased in the Tuscaloosa Marine Shale of southwest Mississippi and southeast Louisiana. Halcón said yesterday that it would sell $150 million in preferred […] [...]

Gulf gas well spewing; no injuries, pollution reported

GULF OF MEXICO — Crews lost control of a natural gas well being drilled off the Louisiana coast yesterday, but officials said no injuries or pollution have been reported and efforts are underway to stop the flow of gas. The Bureau of Safety and Environmental Enforcement says most crew members were evacuated from the rig, […] [...]

Workers complete debris removal from blown out Gulf gas well

GULF OF MEXICO — Federal regulators say workers have finished removing debris from the wellhead of a gas well that blew out in the Gulf of Mexico last month off the coast of Louisiana. The Bureau of Safety and Environmental Enforcement said yesterday that it has approved plans to send a camera down the wellbore […] [...]

Denbury paying one of largest fines ever to MDEQ for blowout

YAZOO COUNTY — Denbury Resources promises to bring new life to old oil fields by pumping in carbon dioxide to force additional oil to the surface. But the company’s oil fields have seen a series of uncontrolled carbon dioxide blowouts that may bring up oil and drilling fluids with them. Now, one of the biggest […] [...]

Fire at leaking Gulf gas well extinguished; officials mulling next steps

GULF OF MEXICO — Officials say the fire is out at a natural gas well in the Gulf of Mexico that blew wild earlier in the week. Natural gas stopped flowing from the well earlier today, and the remaining fire had been fueled by residual gas. Authorities believe the flowing gas became blocked by sand […] [...]

Gulf well blows, spews natural gas off La. coast

GULF OF MEXICO — Natural gas flowed uncontrolled from a well off the Louisiana coast today after a blowout that forced the evacuation of 47 workers aboard a drilling rig, authorities said. No injuries or fires were reported. The federal Bureau of Safety and Environmental Enforcement said inspectors flying over the site Tuesday saw a […] [...]

Company uses ‘bridge plug’ on Gulf gas well

GULF OF MEXICO — A well that seeped natural gas for several days last week has been temporarily plugged, with work still needed to plug it permanently, federal regulators say. The Bureau of Safety and Environmental Enforcement said today that Energy Resource Technology, LLC used a “bridge plug” to isolate the lower part of the well […] [...]

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