The Commonwealth of Virginia, home of BOE headquarters, continues to provide national leadership on energy issues, most notably offshore oil and gas exploration. The Governor (Republican), both US Senators (Democrats), and both candidates for the US Senate support offshore leasing.
“Opening up and expanding Virginia’s offshore resources to responsible natural gas and oil exploration holds significant promise for boosting needed domestic energy production while bolstering the commonwealth’s economy.” Quote from Senator Jim Webb in the Richmond Times Dispatch


Noble Energy, Inc. (NYSE: NBL) announced today that it has ended drilling operations at the Leviathan #2 appraisal well location, offshore Israel. During the drilling process, the Company identified water flowing to the sea floor from the wellbore. The source is a water sand that flowed behind the surface casing. It has been monitored closely and there are no indications of any hydrocarbons in the produced water. Drilling in the Leviathan #2 well had not yet reached the depth of the targeted gas intervals discovered in the Leviathan #1 well.