Forbes: Recent Trends In U.S. Land Drilling Market: Re-fracking, Growing Well Inventory, Lower Rig Count

Forbes: Recent Trends In U.S. Land Drilling Market: Re-fracking, Growing Well Inventory, Lower Rig Count

Forbes reports: The tight oil boom in the United States has been largely responsible for the present turmoil in the global oil markets. Average annual production growth in the U.S. has stood at about 1 million barrels per day over the last four years, taking production to current levels of over 9 million barrels a […]

By March 27, 2015 0 Comments Read More →
Forbes: Anadarko Petroleum: Oil Price Scenarios That Could Significantly Impact Its Valuation

Forbes: Anadarko Petroleum: Oil Price Scenarios That Could Significantly Impact Its Valuation

Forbes reports: Anadarko Petroleum is a large independent exploration and production company based out of Texas, Unites States. Its asset portfolio includes positions in onshore resource plays in the Rocky Mountain region, the southern United States, and the Appalachian basin. The company is also an independent producer in the Deepwater Gulf of Mexico, and has […]

By March 26, 2015 0 Comments Read More →
WWL: Abita Springs takes fracking fight to court

WWL: Abita Springs takes fracking fight to court

WWL reports: COVINGTON, La. — The argument over fracking in St. Tammany Parish has been fierce since Helis Oil, out of New Orleans, filed the first documents with the state on its planned drilling project almost a year ago. Since then, dozens of meetings and protests have been held over while the project has received […]

By March 25, 2015 0 Comments Read More →
Keystone Pipeline Still Makes Sense

Keystone Pipeline Still Makes Sense

By Don Briggs President, Louisiana Oil and Gas Association Take your pick as to the reason why the Keystone XL pipeline is necessary for the United States’ future. Most of the following items could be reason enough to finish the construction of the pipeline: jobs, economic impact, national security, safety, and finally, imported resources from […]

By March 11, 2015 0 Comments Read More →
Oil And Gas Industry Tightening Belts

Oil And Gas Industry Tightening Belts

By Don Briggs President, Louisiana Oil and Gas Association An oil and gas analyst has no problem finding a job today. Similar to the weatherman, the energy sector is difficult to predict, yet everyone still wants to know the forecast for tomorrow. While different opinions can be found on any television channel, it is important […]

By February 16, 2015 0 Comments Read More →
Haynesville Shale Could See Increase In Activity

Haynesville Shale Could See Increase In Activity

The hot topic around the world continues to be the falling price of oil. Yes, oil prices have fallen more than $60 over the last few months. The stock market has seen points fall off the board, operating companies have reduced drilling budgets for 2015, the workforce has experienced some cutbacks and the general consumer […]

By January 14, 2015 3 Comments Read More →

Texas Tribune: Railroad Commissioner Rallies for Natural Gas

The Texas Tribune reports: A Texas oil and gas regulator is taking a leading role in promoting new uses for natural gas. “It’s abundant, it’s clean, it’s affordable,” Railroad Commissioner David Porter said Thursday in an interview. The Republican kicked off his “2015 Natural Gas Initiative” with a half-day gathering of lawmakers and industry leaders […]

By March 27, 2015 0 Comments Read More →

Tulsa World: Samson Resources laying off 196 local workers

The Tulsa World reports: Samson Resource Co., the privately held Tulsa oil and gas giant beset by huge debt leverage and falling crude oil prices, is laying off one-third of its Tulsa workforce, the company confirmed Thursday. Samson is letting go 196 employees at the Tulsa headquarters and 270 companywide. The reduction will drop Samson’s […]

By March 27, 2015 0 Comments Read More →

WSJ: Oil Producers Sound Retreat From China

The Wall Street Journal reports: BEIJING—Global oil companies are unwinding some big bets they made on China—and that is bad news for the Chinese companies, which need their know-how. Falling oil prices have forced oil bosses to slash planned investments that now look less likely to provide good returns. Projects in China, often expensive and […]

By March 27, 2015 0 Comments Read More →

Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

The Advocate reports: Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit […]

By October 23, 2014 0 Comments Read More →

EE News: How do you survive a gas boom and bust? For starters, pay in cash

EE News reports: MANSFIELD, La. — Local officials in the Haynesville Shale believe they’ve unlocked the secret for successful spending of gas boom wealth. The approach? Invest quickly in health, safety and education, and squirrel away the rest for a rainy day. “Just because we have it don’t mean we have to spend it,” DeSoto […]

By October 20, 2014 0 Comments Read More →
NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com reports: A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area. Vanguard Natural […]

By September 4, 2014 0 Comments Read More →

Other Recent Articles

Bloomberg: Oil Producers Try to Go Deep, Get Cheap for Underwater Wells

Bloomberg reports: (Bloomberg) — Oil companies are trying new ways to cut costs to make subsea crude reserves that are bigger than Saudi Arabia’s economically feasible following a price crash that ended 10 years of spiraling spending. Trimming costs 20 percent from last year’s levels would make the majority of deep-water projects viable at $70 […]

By March 27, 2015 0 Comments Read More →

National Geographic: Water Use for Fracking Has Skyrocketed, USGS Data Show

National Geographic reports: As a concept, hydraulic fracturing has changed very little since the first wells were drilled in the late 1940s. In practice, however, what most people now know as fracking has undergone a transformation. Then, as now, a well is drilled into a shale rock formation, and then fluid is pumped in at […]

By March 27, 2015 0 Comments Read More →

Advocate: Letter: Commissioners pursued case against oil and gas industry with intent to see it through

The Advocate reports: Southeast Louisiana Flood Protection Authority-East Commissioners Stephen Estopinal, Paul Kemp, Rick Luettich, Wilton Tilly and Louis Wittie would like to vigorously dispute recent portrayals that SLFPAE is unwillingly trapped into continuing litigation against the many oil and gas companies that are undeniably responsible for land loss within our authority and more broadly […]

By March 27, 2015 0 Comments Read More →