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Record oil glut stands at 3bn barrels

2015-11-13 14:00:22| BBC News | Business | UK Edition

A record oil stockpile of three billion barrels will not be cleared until well into next year, the International Energy Agency said.

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1,000 barrels of crude spilled from pipeline in Noble County

2015-11-06 19:16:31| Oil & Gas - Topix.net

A Tulsa-based pipeline company says about 1,000 barrels of crude oil has spilled from a pipeline in rural Oklahoma. Bruce Heine, a spokesman for Magellan Midstream Partners, said in an email Friday that the oil was released about 6 p.m. Thursday from a Magellan pipeline that stretches from Enid to Ponca City.

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1,000 barrels of crude spilled from pipeline in Noble County

2015-11-06 18:58:01| Energy - Topix.net

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USGS Estimates 21 Million Barrels Of Oil And 27 Billion Cubic Feet Of Gas In The Monterey Formation Of The San Joaquin Basin, California

2015-10-16 02:45:49| oilandgasonline Home Page

The Monterey Formation in the deepest parts of California’s San Joaquin Basin contains an estimated mean volumes of 21 million barrels of oil, 27 billion cubic feet of gas, and 1 million barrels of natural gas liquids, according to the first USGS assessment ofcontinuous (unconventional), technically recoverable resources in the Monterey Formation.

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