Showing results for: drilling rig News
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Investing in geothermal drilling offers great returns
As natural gas costs continue to rise, many homeowners are looking for alternative heating and cooling options. Geothermal HVAC is gaining in popularity, and for good reason. Geothermal drilling uses the natural properties of the earth to create clean, renewable heating and cooling for residential homes and businesses, alike. As people become more and more aware of green options available to ...
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Ener-G adds heat pump division to the firm
Energy solution provider Ener-G has launched a sustainable technologies division specialising in designing, installing and maintaining heat pumps. It expands on Ener-G’s existing ground source heat pump operation, allowing the firm to provide heat pump solutions for all types of heating and cooling applications ranging from 1KW to 1,000KW. Managing director Paul Burley said: “Our in-house ...
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Eyeing Gas Boom in China, HongHua Group Signs Agreement for GE Waukesha Gas Engines to Power Drill Rigs
With China seeking to boost its production of unconventional gas supplies to meet Asia’s growing energy needs, GE Power & Water’s Distributed Power business (NYSE: GE) and China’s leading drill rig manufacturer HongHua Group (HK 196) today signed a three-year agreement for GE to supply its Waukesha VHP gas engines that will power drill rigs used in new shale gas projects in ...
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C·Power Selected for WPTO Small Business Innovation Project
C·Power was selected for a Phase I Small Business Innovation Research (SBIR) grant by the Water Power Technologies Office (WPTO) as part of its $4.4 million award announcement. The project - Wave Energy Power Generation System for Hybrid Oil and Gas Drill Rigs - will explore opportunities for wave energy to offset the carbon cost of conventional offshore energy sourcing. C·Power ...
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Drilling progress for the geothermal expansion project on Azores Islands, Portugal
Following mobilization and rig up of our Drillmec HH-220 rig in the Azores, then geothermal drilling operations have started. First well is already finalized successfully and the second already in progress. The geothermal area is in Ribeira Grande on the island of Sao Miguel. Iceland Drilling Company have successfully mobilized their drilling rig which is Drillmec HH-220 from the Island of ...
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Thor drilling in Reykjanes Peninsula
IDC Rig Thor drilling for geothermal in Reykjanes peninsula. As part of this Green Energy Project the rig runs directly on gridpower from the unique geothermal powerplant of HS ORKA. This hightech rig has the ability to fit on tight locations and is therefor ideal for areas with limited ...
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Neighbors bicker in Pennsylvania over forced gas drilling
An energy company is dusting off an old, unused state law that can force property owners to accept oil and gas drilling under their land, pitting neighbor against neighbor in a Pennsylvania community and raising the possibility that lawmakers will have to take sides. Houston-based Hilcorp seeks to use a 1961 Pennsylvania law to drill under the property of four holdout landowners in New Bedford, ...
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Iceland Drilling Company has secured a drilling contract to drill 9 wells for expansion of geothermal capacity on the Azores, Portugal
EDA Renováveis have awarded Iceland Drilling Company (IDC) a new drilling contract on the Azores, for drilling geothermal wells on the islands of Sao Miguel and Terceira. This is the result following an open tender in the European Area, where the company participated in competition with two other European drilling companies. The project involves drilling for nine (9) geothermal wells, with ...
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GE Receives Key EPA ‘Mobile Certification’ for Waukesha Natural Gas Engines for Oilfield Power Generation
GE’s Technology Enables Firms to Replace Diesel Units with Lower Cost, Cleaner Gas Engines Waukesha Units Offer Ideal Field Gas-Fueled Solutions for Drill Rigs and Enhanced Oil Recovery Project Illustrates GE’s Role in Meeting Unconventional Gas Sector’s Technology Needs GE (NYSE: GE) today announced the U.S. Environmental Protection Agency has certified two of the ...
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GreenMan Subsidiary Announces Orders for Dual Fuel Conversion of Twelve Oil Rig Diesel Generators
GreenMan Technologies, Inc. (OTCQB: GMTI) (PINKSHEETS: GMTI) announced that its American Power Group Inc. ("APG") subsidiary has received three follow-on orders and one new order to convert twelve more diesel generators on domestic drilling rigs to operate using APG's dual fuel technology. The orders were booked through SourceOne Engine Equipment, LLC, its domestic Dealer/Certified Installer ...
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Colorado`s high court to decide if cities can ban fracking
The Colorado Supreme Court agreed Monday to decide whether cities can ban hydraulic fracturing, stepping into a high-stakes battle over whether local governments can impose tougher oil and gas rules than the state. The court will hear cases from Longmont, where voters banned hydraulic fracturing in 2012, and Fort Collins, where voters approved a 5-year moratorium in 2013. The Colorado Oil and ...
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Linde Partners with CONSOL Energy to Test Its Hybrid Diesel-LNG Solution Providing Cleaner, Less Expensive Power for Drilling Rigs
Linde North America today announced that its solution for using liquefied natural gas (LNG) to fuel power-generating diesel engines (gensets) is getting good grades during testing in southwest Pennsylvania. Linde North America is a member of The Linde Group, a world –leading gases and engineering company. The test is being conducted by CONSOL Energy’s gas ...
By Linde Group
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Xtract Energy Plc - Investment Update
22 March 2010 AIM: XTR XTRACT ENERGY PLC Drilling update - Extrem Energy Further to its announcement dated 2 March 2010, Xtract Energy Plc ("Xtract" or "the Company") is pleased to provide the following update on the drilling operations of its Turkish business, Extrem Energy AS ("Extrem Energy") in the Alasehir licence area. Drilling Update - Sarikiz-3 The Sarikiz-3 exploration well reached a ...
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Boart Longyear Awarded Contract for Largest Natural Gas Storage Facility in Western United States
Boart Longyear (www.BoartLongyear.com), the world’s leading integrated exploration drilling services, equipment and performance tooling provider, has been awarded a contract on August 1, 2014 for drilling services at the Magnum NGLs (Natural Gas Liquids) Storage Project central Utah’s Western Energy Hub. Magnum is building the first underground salt cavern NGLs storage facility in ...
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GreenMan Technologies` Subsidiary Signs Dealer/Certified Installer Agreement With SourceOne Engine Equipment, LLC
GreenMan Technologies, Inc. ("GreenMan") (OTCQB: GMTI) (PINKSHEETS: GMTI) announced that its subsidiary, American Power Group, ("APG") has entered a multi-year Dealer/Certified Installer agreement with SourceOne Engine Equipment LLC to sell, install and service APG's products in the oil and gas drilling and shale fracking industries. SourceOne Engine Equipment LLC ("SourceOne") is headquartered ...
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Marcellus shale beneath Washington county
The commercial discovery of natural gas in the Marcellus shale beneath Washington County in 2004 has set off the biggest Pennsylvania land rush in the 150 years since Col. Edwin Drake drilled the world's first oil well in Venango County. Marcellus is a rock formation that runs a mile underground from New York through Pennsylvania and on south to Tennessee. Geologists believe the rock ...
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In an effort to accelerate terawatt-scale geothermal energy, Quaise Energy has raised $21 million.
CAMBRIDGE, Mass. — Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen ...
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Greens hit Obama on energy plan
President Barack Obama is sticking to a fossil-fuel dependent energy policy, delivering a blow to a monthslong, behind-the-scenes effort by nearly every major environmental group to convince the White House that the policy is at odds with his goals on global warming. The division between Obama and some of his staunchest supporters has been simmering for months, a surprising schism that shows ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Geothermal Energy
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain position, ...
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International Energy Conferences Provide High-Quality Platform for Suppliers and Buyers to Convene, Showcase Technology Solutions, and Meet Potential Partners
Unconventional production technology is helping nations like the U.S. make a rebound in the natural gas drilling landscape while domestic firms in other countries like China need to play catch-up in terms of acquiring the new technology. Meanwhile, Chinese nuclear reactor technology may start shipping as early as this year. According to Deutsche Bank AG, China may account for more than half of ...
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