SGA: THE TRUTH ABOUT HYDRAULIC FRACTURING

SGA: THE TRUTH ABOUT HYDRAULIC FRACTURING

The Southern Gas Association writes: There’s a lot of “hysteria” in the public around hydraulic fracturing – It’s causing earthquakes! It’s contaminating our drinking water! Many of our industry professionals are challenged with difficult questions and accusations around fracking, by the general public and even family and friends. To help with understanding the real process […]

By April 17, 2015 0 Comments Read More →
FuelFix: OPEC surge ahead of Iran exports could stall oil recovery

FuelFix: OPEC surge ahead of Iran exports could stall oil recovery

FuelFix reports: HOUSTON — The International Energy Agency says Russia, India and others gobbled more cheap crude last month but oil-exporting states including Saudi Arabia pushed out more petroleum than in almost two years, a bid to remain kings in the oil market as Iranian exports loom. Iran’s recent negotiations with western powers over its […]

By April 16, 2015 0 Comments Read More →
FuelFix: Shale output is falling faster than expected

FuelFix: Shale output is falling faster than expected

FuelFix reports: Shale drillers will see production drop sooner than expected under a U.S. government forecast, a momentum change that hints at an eventual price rally. Just five months after Saudi Arabia put the market into a tailspin by refusing to cut supply despite a global glut, the shale oil industry will record its first […]

By April 15, 2015 0 Comments Read More →
Don Briggs: BP is answering the challenge

Don Briggs: BP is answering the challenge

The oil and gas industry has a storied history in the state of Louisiana. Over the last one hundred years, the industry has provided hundreds of thousands of direct and indirect jobs to this state. To clarify the obvious, the oil and gas industry is an industrial segment that depends on human ability as well […]

By April 16, 2015 0 Comments Read More →
Keep Louisiana Competitive

Keep Louisiana Competitive

By Don Briggs President, Louisiana Oil and Gas Association As the 2015 Louisiana State Legislature convenes, a $1.6 billion budget deficit has everyone wondering what or who gets cut first? While the state has a deficit to deal with for this fiscal year, the oil and gas industry has its own set of worries. The […]

By April 1, 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 →

FuelFix: Sixth Chevron drillship arrives in the Gulf of Mexico

FuelFix reports: Transocean’s Deepwater Asgard arrived in the Gulf of Mexico in April 2015 to work under a two-year contract with Chevron. (Chevron) Chevron is pressing forward with its deepwater exploration program, deploying a sixth drillship in a region deep in the Gulf of Mexico, the company announced Thursday. The drillship, called…….. Read more here

By April 17, 2015 0 Comments Read More →

FuelFix: Schlumberger cuts another 11,000 jobs in wake of oil crash

FuelFix reports: A sign tower reaches toward the sky at the entrance to Schlumberger’s Sugar Land campus. (AP file photo/Pat Sullivan) HOUSTON – Oil field services firm Schlumberger announced Thursday it plans to ax another 11,000 workers, kicking off what could be a second major wave of layoffs across the oil industry. The move will […]

By April 17, 2015 0 Comments Read More →

Advocate: Decade-old oil leak in Gulf of Mexico may be far worse than reported

The Advocate reports: OVER THE GULF OF MEXICO — A blanket of fog lifts, exposing a band of rainbow sheen that stretches for miles off the coast of Louisiana. From the vantage point of an airplane, it’s easy to see gas bubbles in the slick that mark the spot where an oil platform toppled during […]

By April 17, 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

Advocate: House leader proposes $7 billion tax hike

The Advocate reports: The chairwoman of the Louisiana House Transportation Committee said Thursday that she is sponsoring a one-cent state sales tax hike for roads and bridges that would raise $675 million per year. State Rep. Karen St. Germain, D-Pierre Part, said the increase, which faces massive political hurdles, is needed to tackle Louisiana’s $12 […]

By April 17, 2015 0 Comments Read More →

Advocate: Low oil prices cast shadow over Baton Rouge real estate

The Advocate reports: The specter of plunging oil prices hung over Baton Rouge-area real estate market discussions Thursday, with predictions that it could lead to a glut of new apartments, a reduction in the office space occupied by local engineering firms — but also increase sales for retailers. The collapse in oil prices could lead […]

By April 17, 2015 0 Comments Read More →

Advocate: Louisiana joins other states in fight against EPA emissions proposals

The Advocate reports: Washington — A federal court should block the U.S. Environmental Protection Agency from issuing its proposed rule to limit carbon emissions, lawyers for a coalition of Louisiana and other states and for the coal industry told judges Thursday — but even the challengers to the rule acknowledged the court would be breaking […]

By April 17, 2015 0 Comments Read More →