Hamburg NY- The Independent Oil & Gas Association of New York is monitoring more than 50 pieces of legislation in the state assembly and senate. IOGA NY Executive Director Bradley Gill says two proposed moratoria represent the biggest danger.

U.S. Natural Gas Consumption.  Total natural gas consumption is about 0.5 Bcf/d higher in this forecast than in last month's Outlook, averaging 64.9 Bcf/d and 64.6 Bcf/d in 2010 and 2011, respectively (Total U.S.

Expanding Technology; Expanding Global Presence

Subsea Source Control and Containment

Subsea efforts continue to focus on two fronts: first, reducing the flow of oil spilled by physical containment and second, further work on stopping the flow using a "top kill" option.

The containment dome that was deployed last week has been parked away from the spill area on the sea bed. Efforts to place it over the main leak point were suspended at the weekend as a build up of hydrates prevented a successful placement of the dome over the spill area.

Pruitt Tool and Supply Co., Inc. is excited to announce our participation in this year’s Offshore Technology Conference in Houston, TX, May 3-6, 2010.   The annual OTC is one of the premier Oil and Gas Conferences in the world and will be a great opportunity for us to unveil our new Rotating Control Device (RCD), the Pruitt RCD 3000 (PRCD 3000).  Along with the PRCD 3000, we will have the accompanying high pressure stripper rubber, the Pruitt high pressure bowl, and its hydraulic clamp on display. 

According to analysis by The Land Rig Newsletter's Biweekly Report, operators in 2010 will focus on heavy drilling programs in the shales driven by leasehold commitments, and more asset sales and  high hedging levels to backstop cash flow and drilling budgets.

WASHINGTON- Underground natural gas storage in the United States stood at 1.853 trillion cubic feet on Feb. 19, 0.7 percent above the five-year average, according to the U.S.  Engergy Information Administration.  That was down 754 billion cubic feet from the 2,607 Tcf reported by EIA on Jan. 15, which was 0.2 percent below the five year average. The Feb. 19 storage number was 56 Bcf less than a yar ago when storage stood at 1,909 Tcf.