Subscribe free to our newsletters via your




OIL AND GAS
Federal and tribal energy sales on a steady decline, U.S. says
by Daniel J. Graeber
Washington (UPI) Jul 8, 2013


Baker Hughes says North America's rig count up year-on-year
Houston (UPI) Jul 8, 2013 - The North American energy sector shined in June with active oil and natural gas exploration activity greater than last year, Baker Hughes Inc. said Tuesday.

Baker Hughes published its monthly report on global rig counts. The data reflect the number of rigs actively exploring for oil or natural gas.

The oil services company said there were an average 1,861 rigs active in the United States in June, up two from the number counted in May but up 100 from June 2013.

For Canada, Baker Hughes said the average rig count for June was 240, up 78 from May and 57 more than were counted in June 2013.

North American production is increasing to the extent its markets are relying less on energy imports from outside the region. The Paris-based International Energy Agency in June said global oil supplies rose largely because of output from countries outside the Organization of Petroleum Exporting Countries.

Baker Hughes said that outside North America, the average rig count for June was 1,336, down 14 from May but up three from the number counted in June 2013.

A drop in offshore natural gas production is behind the decline in sales of fossil fuels derived from federal and tribal lands, the U.S. Energy Department said.

The U.S. Energy Information Administration, the department's statistical arm, said Monday sales of fossil fuels from federal and tribal lands in fiscal year 2013 were 7 percent below the previous year's sales.

"One of the main drivers in the decline in sales of fossil fuels from federal and Indian lands is the drop in offshore natural gas production, even as total U.S. natural gas production has grown rapidly because of rising production from onshore shale resources on private lands," EIA said.

Though crude oil production from federal lands increased slightly last year, EIA said those gains were offset by declines in coal and natural gas.

EIA said the declines are part of a trend established in 2003. In the 10-year period ending in 2013, EIA said sales from federal and tribal lands have fallen 21 percent. Production from non-federal and non-tribal lands, meanwhile, has increased 34 percent during the same time frame.

Sales of fossil fuels from federal and tribal lands made up about a quarter of all fossil fuel sales in the United States last year.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
Greenpeace blocks Chevron's Romanian shale gas site
Pungesti, Romania (AFP) July 07, 2014
Around 20 Greenpeace activists blocked access to a shale gas exploration site in Romania on Monday, in a third attempt to scupper the drilling operations of US energy group Chevron. Protesters locked hands and sat in front of the entrance to a drilling position in the northeastern village of Pungesti. They prevented a lorry from entering and displayed banners reading "No to fracking". ... read more


OIL AND GAS
Accidents raise safety questions on Hong Kong waters

Malaysia to deploy more equipment in MH370 search

With climate change, heat more than natural disasters will drive people away

Haiti PM to donors: please honor aid pledges

OIL AND GAS
US Refusal to Host Russian Navigation Stations Political

China's domestic navigation system accesses ASEAN market

Soyuz Rocket puts Russian GLONASS-M navigation satellite into orbit

Russia may join forces with China to compete with US, European satnavs

OIL AND GAS
Researchers say hormonal mechanism responsible for left-handedness

Adaptations of Tibetans may have benefited from extinct denisovans

Extinct human cousin gave Tibetans advantage at high elevation

Smithsonian scientist and collaborators revise timeline of human origins

OIL AND GAS
Thousands celebrate birthday of first Taiwan-born panda cub

Spiny water flea invading Vermont and there's nothing environmental officials can do

Wild things: crackdown on menu for China's animal eaters

Anti-poaching experts gather amid warnings super-rich drive illegal trade

OIL AND GAS
W. African Ebola epidemic 'likely to last months': UN

US-based scientist makes potent version of H1N1 flu

Latvia orders pig cull to stem African swine fever

Mideast sees 'worrying' rise in HIV cases: UN

OIL AND GAS
Burn, patient, burn: medical inferno in China

China workers strike over Japanese boss' war denial

Chinese race for artist Xu Beihong's heroic horses

China Communist Party expels four top officials over graft

OIL AND GAS
US begins 'unprecedented' auction of Silk Road bitcoins

Malaysian navy foils pirate attack in South China Sea

NATO anti-piracy ops until 2016

Kidnapped Chinese, Filippino rescued in Malaysia

OIL AND GAS
China inflation slows to 2.3% in June: govt

Turkey economy risks choppy waters under Erdogan presidency

China sets yuan clearing bank in Seoul

China manufacturing growth pick up in June: govt




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.