There was a renewal of interest last year with the success of the Avington 2 well near Winchester in Hampshire. The well, which was operated by Pentex and involved Egdon Resources and Northern, discovered 100 million barrels of oil in place.
Three large turbine-driven compressor trains will handle 540 million cubic feet of gas and 30,000 barrels of condensate per day. Production will flow to shore using existing pipelines.
U.S. consumers can expect to pay a record average $1.76 a gallon for gasoline during this summer’s busy driving season
U.S. National – Reuters – Yahoo
Outside of BP
Summary: claims overuse of the earth’s natural resources by 15%
Nonprofit group, Redefining Progress today released an update of the world’s leading indicator of sustainability, the Ecological Footprint.
ExxonMobil has made a new report. ASPO says, “Once again they claim that the decline of oil and gas will be enormous the coming years.”
In Alaska, at the Kuparuk oil field, a 1,600 gallon spill was discovered yesterday. A ConocoPhillips diesel refinery plant spilled naphtha, a refining byproduct; now Alaskan State official are investigating.
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