Year in Review: The most popular petroleum stories of 2014

From predictions to disasters, the top petroleum stories of 2014 ran the gamut of topics, and exemplified how PennEnergy’s mission of covering all aspects of the petroleum industry resonates strongly with our readers. Here’s ten of our most popular stories from throughout the year.

TAYO: Texas Shale Boom Could Be Nation’s Biggest Ever
As Taylor Consulting, Inc. (TAYO) continues to scout and acquire real estate near Texas’ Cline Shale, the latest estimates for the formation predict that the formation could soon spawn the biggest oil and gas boom in U.S. history.

1 injured, 1 missing at natural gas well fire in Pennsylvania
The well, located along Bald Hill Church Road in Dunkard Township, had twenty workers on site at the time of the blast.

Total CEO dead in runway crash; plow driver drunk
Christophe de Margerie, the charismatic CEO of Total SA who dedicated his career to the multinational oil company, was killed at a Moscow airport when his private jet collided with a snowplow whose driver was drunk, Russian investigators said.

10 exploration companies making waves in the Gulf of Mexico
In March, the Bureau of Ocean Energy Management offered almost 40 million acres in the Gulf of Mexico for bid, an act which could help fuel the resurgence of the Gulf of Mexico as a leading oil and gas production region.

Oil prices tumble on Saudi discount move
Oil prices slumped to multi-year lows on Tuesday after Saudi Arabia discounted supplies to the U.S., a move that is shaking an already volatile market but will likely give the world economy an unexpected stimulus.

1 dead, 3 injured after explosion on Gulf of Mexico offshore oil platform (VIDEO)
An explosion occurred on an offshore oil and gas platform in the Gulf of Mexico, killing one person and injuring three.

NCS Energy Services completes world-record fracturing operation in the Eagle Ford
NCS Energy Services, an independent technology and services company specializing in multistage completions, announced today the completion of fracturing operations on an Eagle Ford well that incorporated 92 Multistage UnlimitedT cemented casing sleeves.

Alaskan natural gas pipeline project may cost up to $65 billion
"This commercial agreement...is Alaska's roadmap to developing our vast gas reserves," Alaska Gov. Sean Parnell said in a statement.

Major natural gas reservoir find for CNPC
A major breakthrough was made by CNPC in natural gas exploration in the Sichuan Basin.

The return of peak oil and Mikhail Khodorkovsky
Peak oil entered our lexicon in 1956 and has since framed countless discussions regarding the finite nature of our Earth’s hydrocarbons.



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