Exploratory Wells News Today

Oil and Gas Development Company Limited (OGDCL) has registered a significant increase in oil and gas production from...

Aside from that, they say that the obama administration is preventing domestic production. and i know the obama administration actually has authorized new leases in some areas, but republicans say that doesnt go far enough. whats your response to that, this notion that we should be drilling more at home? >> well, based on our research and our reports, it says even if we had 100 -- if we were producing 100% of all the oil we needed in this country, it still would not affect the cost of oil for an...

Off-shore deep water projects and also shut down drilling at 33 exploratory wells. the attorney general, greg abbott in texas called this plan unjustified, arbitrary and capricious a policy that he says will inflict harm on coastal communities. these communities already dealing with a loss of revenue from fishing, from all the gulf fish and oysters and shrimp that they normally would be bringing to marketplace they cant do it right now, now the halting of off-shore drilling, according to economi...

Legislative accomplishments whether its health care or economic stimulus and wall street reform, there are some successes to tout. the unfortunate thing for democrats right now and actually congress as a whole, no one is very happy. theyre angry at the, they havent done enough for the economy and theyre angry that maybe congress hasnt gone far enough and there are republicans out there that congress dont think congress is doing what should be done and thats really impacting this electoral enviro...

Right now to rescue the presidents moratorium on new deep water drilling. interior secretary ken salazar planning a revised, beefed up ban soon. one outlining legal justifications in greater detail. thats because the federal judge has blocked the current moratorium, calling it too generic. the presidents ordered stop work at 33 exploratory wells, while the deepwater horizon explosion is under investigation. sounds like a pretty great idea. both designed as floating emergency rooms to save wildli...