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Tag Archives: Houston Chronicle

Huge shortage of well inspectors leaves many unmonitored

A pump jack works to extract oil and gas from a well in Wyoming's Niobrara shale

Maybe becoming a well inspector is your next job. The Houston Chronicle reported today that several thousand wells just haven’t been checked recently. Not because oil and gas operations are so efficient that there are never any mistakes. But because there just aren’t enough inspectors to go around. Commissioners report that approximately 65 percent of wells haven’t been inspected for ...

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Apache cuts back on spending

According to reports, Apache Corp. plans to reduce its 2015 North American onshore budget by $1.4 billion. The company has pinned its 2015 budget at $4 billion, which is down compared to its 2014 budget of $5.4 billion. Reuters reports that even though the company is cutting back, Apache still expects to exceed this year’s budget and end the year ...

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CEO says Pemex focuses on value as Mexico overhauls energy policy


Mexican national oil company Petroleos Mexicanos will keep a hand in deep-water and complex onshore plays as new energy policy breaks its monopoly hold on oil and gas drilling in the country, CEO Emilio Lozoya says. In a telephone interview with the Houston Chronicle, Lozoya said Pemex plans to request permission to push forward on ultradeep-water projects and shale plays ...

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