oil drilling » Mississippi Business Journal

Posts Tagged ‘oil drilling’

Cartoon — February 6, 2012

by Ricky Nobile Published: February 3,2012

Tags: Gulf Coast, Hancock County, Harrison County, Jackson County, Mississippi, Mississippi Business Journal, off-shore drilling, oil drilling

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Barbour defends proposed offshore drilling regs

by Associated Press Published: December 20,2011

Tags: Alabama, british petroleum, Dan Turner, Deepwater Horizon, Democrat, Gov. Phil Bryant, gulf of mexico, JACKSON, Louie Miller, Mississippi, Mississippi Business Journal, Mississippi Development Authority, oil drilling, republican, Ship Island, sierra club

JACKSON — Allowing oil and gas drilling 10 to 12 miles south of Mississippi’s coastline in the Gulf of Mexico is a good idea because it could generate state revenue, Gov. Haley Barbour said Tuesday. The Mississippi Development Authority on Monday published proposed regulations to lease state waters in the Gulf for the drilling. The [...] [...]

Aldermen approve rezoning for oil well operation

by Associated Press Published: November 6,2011

Tags: energy, gas, gasoline, municipal government, Oil, oil and gas, oil drilling, petroleum, rezoning, zoning

NATCHEZ — DRAYCO Exploration has received final approval for its proposed oil well operation that fronts Cemetery Road from the Natchez Board of Aldermen. The Natchez Democrat reports the board approved an ordinance that rezones five acres on an 81-acre tract of land to permit the drilling and development of the oil well. City Planner [...] [...]

MBJ Editorial: Oil drilling policy not deterring business in the Gulf of Mexico

by MBJ Staff Published: May 8,2011

Tags: BP’s Macondo, MBJ Editorial, oil drilling

Oil drilling is returning to the Gulf of Mexico, but slowly. One year after BP’s Macondo well blew out — claiming 11 lives and sparking a ban on deepwater drilling — 11 new deepwater and 49 shallow water drilling permits have been issued, according to the federal agency that oversees offshore drilling. That’s far less [...] [...]

Morgan Creek buys land for oil drilling

by Wally Northway Published: September 1,2010

Tags: energy, mergers and acquisitions, Oil, oil and gas, oil drilling

SOUTH MISSISSIPPI — Morgan Creek Energy Corp. of Dallas has entered into agreement to purchase approximately 21,000 net acres of mineral oil and gas leases on lands located in Lamar, Jones and Forrest counties in Mississippi. The company has entered into this agreement with the mineral leaseholder, Westrock Land Corp., and is based on representations [...] [...]

Mainland acquires land for oil exploration

by Wally Northway Published: August 10,2010

Tags: energy, oil and gas, oil drilling, petroleum

JEFFERSON COUNTY — Mainland Resources Inc. of Houston has acquired a second target prospect for exploration of oil and gas formations in western Mississippi. Terms were not disclosed. The company has acquired a 100 percent working interest in approximately 1,260 net leasehold acres within the same general geological region as the Buena Vista Project in [...] [...]

Study: Drilling stoppage to cost state $8.4M

by Amy McCullough Published: July 25,2010

Tags: gulf of mexico, moratorium, natural gas drilling, oil drilling, OIL SPILL FALLOUT

The Obama administration’s six-month moratorium on oil and natural gas drilling in the Gulf of Mexico could mean an $8.4 million decrease in state and local tax revenues for Mississippi, according to a new study. The study released by LSU professor Dr. Joseph Mason examined 33 deepwater rigs in the Gulf, from which the United [...] [...]