New Proposed Regs from US DOT Office of Pipeline Safety

Attached below are two federal NPRM’s from US DOT’s Office of Pipeline Safety which could significantly impact Louisiana’s producers and transporters. Louisiana Office of Conservation is working to gather information to determine the impact on the industry and their office. Feel free to contact the Louisiana Office of Conservation with any questions. Commissioner’s Memo, NPRM 80 FR 61610 Commissioner’s Memo, […]

By May 3, 2016 0 Comments Read More →
Oilprice: EIA: Gulf of Mexico Production Doesn’t Outweigh Shale Decline

Oilprice: EIA: Gulf of Mexico Production Doesn’t Outweigh Shale Decline

Oilprice.com reports: Oil production in the United States fell to 9.129 mbpd from 9.180 mbpd in February, which equals a 0.6 percent decline, according to the data released by the Energy Information Administration (EIA) Compared to the previous year, the production is down by 3.4 percent. The latest data available from EIA also shows U.S. […]

By May 3, 2016 0 Comments Read More →
nola.com: Settlement of coastal oil suits? Industry groups say no

nola.com: Settlement of coastal oil suits? Industry groups say no

nola.com reports: A business lobbying group and oil industry organizations are publicly denying speculation that energy companies are negotiating with public officials to settle lawsuits over damage to Louisiana’s coast. The statement comes from the Louisiana Association of Business and Industry, the Louisiana Oil and Gas Association and the Louisiana Mid-Continent Oil and Gas Association. […]

By May 2, 2016 0 Comments Read More →
The unsung heroes of the oil and gas industry

The unsung heroes of the oil and gas industry

By Don Briggs President, Louisiana Oil and Gas Association We now enter into the 15th month in a row of rock bottom crude oil and natural gas prices for the oil and gas industry. Cut backs, set backs and layoffs are prevalent across the globe as well as right here in Louisiana. When we hear […]

By March 4, 2016 0 Comments Read More →
Cameron Parish lawsuits signal more of the same

Cameron Parish lawsuits signal more of the same

By Don Briggs President, Louisiana Oil and Gas Association The Cameron Parish lawsuits signal the same song with simply a different verse. Last week, Cameron Parish filed suit against 113 oil and gas companies with 195 named defendants. The industry has faced these types of lawsuits in Plaquemines Parish, Jefferson Parish, with the South Louisiana […]

By March 4, 2016 0 Comments Read More →
Something’s got to give!

Something’s got to give!

By Don Briggs President, Louisiana Oil and Gas Association November 2014 brought about many changes for the oil and gas way of life. For starters, the price for a barrel of crude oil dropped from $115 down to as low as $27. This drop in price has caused chaos to say the least. Over 10,000 […]

By February 3, 2016 0 Comments Read More →

Reuters: U.S. oil industry bankruptcy wave nears size of telecom bust

Reuters reports: The rout in crude prices is snowballing into one of the biggest avalanches in the history of corporate America, with 59 oil and gas companies now bankrupt after this week’s filings for creditor protection by Midstates Petroleum MPOY.PK and Ultra Petroleum UPL.NL. The number of U.S. energy bankruptcies is closing in on the […]

By May 4, 2016 0 Comments Read More →

WSJ: Oil Price Upheaval Finally Hits Refiners

The Wall Street Journal reports: U.S. refiners, which posted robust profits the last 18 months even as other parts of the oil business were racked by low crude prices, finally saw their roll come to a halt in the first quarter. Many refining businesses reported earnings for the period that were down roughly by half […]

By May 4, 2016 0 Comments Read More →

WSJ: Despite Shale Glut, U.S. Imports More Foreign Oil

The Wall Street Journal reports: The U.S. is importing more foreign crude than it has in years, becoming one of the last ports of call for many oil-producing nations despite a glut of crude from domestic companies. Oil imports this year have surged 20% to about eight million barrels a day since early May 2015, […]

By May 4, 2016 0 Comments Read More →

Commonwealth of Massachusetts Centralizes Energy Management with EnerNOC’s Energy Intelligence Software

This post was originally published on this siteBOSTON, May 04, 2016 (GLOBE NEWSWIRE) — EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS) and demand response solutions, announced today that the Commonwealth of Massachusetts’ Division of Capital Asset Management and Maintenance (MA DCAMM) selected EnerNOC’s EIS to manage energy costs across a portfolio […]

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Eaton Chooses EnerNOC’s Energy Intelligence Software for Its Enterprise-Wide Energy Strategy

This post was originally published on this siteBOSTON, May 04, 2016 (GLOBE NEWSWIRE) — EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS) and demand response solutions, announced today that global power management company Eaton has purchased EnerNOC’s EIS to support its plan to leverage the platform across approximately 100 top Eaton facilities over […]

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Memorial Production Partners LP Announces First Quarter 2016 Results

This post was originally published on this siteHOUSTON, May 04, 2016 (GLOBE NEWSWIRE) — Memorial Production Partners LP (NASDAQ:MEMP) (“MEMP”) announced today its operating and financial results for the three months ended March 31, 2016. Key Highlights Adjusted EBITDA(1) of $81.3 million for the first quarter of 2016 Lease operating expenses of $1.61 per Mcfe, […]

By May 4, 2016 Read More →

Other Recent Articles

Houston Chronicle: Regulator warns drillers not to skimp on maintenance

Houston Chronicle reports: The federal government’s top offshore drilling regulator warned oil drillers in the Gulf of Mexico on Tuesday not to let the current downturn in commodity prices affect their maintenance of drilling rigs and other equipment. “We all know the offshore environment carries inherent risks,” said Brian Salerno, director of the Bureau of […]

By May 4, 2016 0 Comments Read More →

Houston Chronicle: Wind power may help cut cost of offshore oil production

The Houston Chronicle reports: Wind power is typically used to decrease reliance on fossil fuels, but a new study shows that it could help produce more oil and gas at lower costs. DNV GL, a Norwegian consulting firm, on Tuesday unveiled the results of a study of 6-megawatt floating turbines used to power water injection […]

By May 4, 2016 0 Comments Read More →

fuelfix: Offshore drilling regulator warns of bolt failures in Gulf of Mexico

fuelfix reports: The federal government’s top offshore drilling regulator warned Tuesday that metal bolts used to hold together drilling equipment under the surface of the ocean were failing faster than anticipated. Brian Salerno, director of the Bureau of Safety and Environmental Enforcement, said so far the……… Read more here

By May 4, 2016 0 Comments Read More →