Join The Discussion

 

Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

read more >

Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

read more >

Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

read more >

Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

read more >

American Airlines' first 787 Dreamliner arrives at D/FW

American is preparing the plane to begin service sometime in the second quarter.

read more >

 

Noble drills to confirm size of Cyprus gas field

 

NICOSIA, Cyprus (AP) — Noble Energy says it has begun drilling to determine the size of a gas field off Cyprus' southern coast.

The Houston-based company said Friday that it will take three months to drill to a depth of 5,600 meters (18,372 feet) below sea level and another 2-3 months to assess the data which will help map out the next stages of the field's development.

The field is estimated to 5-8 trillion cubic feet (140-230 billion cubic meters) of gas.

Bailed-out Cyprus is looking to its offshore gas reserves to help it pull out of its worst economic crisis in decades.

Cypriot authorities say confirmation of the field's size will help attract investors for a planned gas processing plant that will meet domestic energy needs and export excess supply.

< back

Email   email
hide
Catch
How 'bout them Cowboys?