This Overlooked Shale Play Just Reported A Huge Rise In Output

This Overlooked Shale Play Just Reported A Huge Rise In Output

The Americas continue to be the world’s top jurisdiction for oil and gas investment. With Chinese super-E&P Cnooc saying this past week it is seeking farm-in deals in newly-opened plays in the Gulf of Mexico. And in onshore shale, activity is just a frenetic. With new data showing a surprising surge in drilling for one play that […]

By September 22, 2017 0 Comments Read More →
5 things heard this week at the LOGA autumn meeting

5 things heard this week at the LOGA autumn meeting

Here are some choice quotes from the Louisiana Oil and Gas Association aumtum meeting: “Done yet? Hell no, we’re not done yet.”   Brian Putnam, Gulf Coast production manager, Chesapeake Energy, explaining that the renaissance in the Haynesville shale in northwestern Louisiana is driven by improved technology. He said more demand for liquefied natural gas […]

By September 22, 2017 0 Comments Read More →
Protesters demand Environmental Impact Study for Bayou Bridge, LOGA reacts

Protesters demand Environmental Impact Study for Bayou Bridge, LOGA reacts

“There’s federal laws that regulate when an environment impact statement is necessary and when they’re not. You know, the majority of this project goes where existing pipeline and infrastructure are already in place which might be why it’s not required for this particular project,” said Gifford Briggs, the VP of LOGA. They maintain that pipelines […]

By September 22, 2017 0 Comments Read More →
Everyone Has Skin in the Game

Everyone Has Skin in the Game

By: Don Briggs, President of the Louisiana Oil and Gas Association    If you have turned on your TV in the last few months, you have likely seen political ads beginning to pop up here and there. Thankfully, with the invention of DVR, you are now able to record your shows and fast forward through the commercials. […]

By September 21, 2017 0 Comments Read More →
The Oil and Gas Industry: It’s Who We Are, It’s What We Do

The Oil and Gas Industry: It’s Who We Are, It’s What We Do

By: Don Briggs, President of the Louisiana Oil and Gas Association (LOGA) On August 26th, Hurricane Harvey made its way as a Category 4 onto the shores of Southeast Texas, destroying communities and dropping 33 trillion gallons of water. The University of Wisconsin’s Space Science and Engineering Center compared the vast amount of water dropped […]

By September 8, 2017 0 Comments Read More →
Louisiana Leading the Way in LNG Renaissance

Louisiana Leading the Way in LNG Renaissance

The state of Louisiana has become synonymous with the liquefied natural gas (LNG) industry. Headlines nationwide talk about the transformation that this industry is having in our local communities, and one could say that our state is in the midst of an LNG renaissance. In a short amount of time, Louisiana’s energy import facilities have […]

Permian Basin could bump into growing pains, Wood Mackenzie report says

All U.S. shale fields have had growing pains, and the Permian Basin’s could be that there are just too many wells in the popular field. A new report from the research and consulting firm Wood Mackenzie says that drillers in the Permian Basin, who have poured into the field in West Texas and eastern New […]

By September 22, 2017 0 Comments Read More →

As oil market improves, OPEC and Russia stay focused on production cuts

OPEC and Russia said they were about halfway toward clearing a global oil glut and urged fellow producers to stay focused and finish the job. The market has markedly improved since the last time ministers from the Organization of Petroleum Exporting Countries and their allies met, said Kuwait’s Oil Minister Issam Almarzooq. Bloated stockpiles of […]

By September 22, 2017 0 Comments Read More →

Refinery demand, not OPEC, is the key to keeping oil prices above $50 a barrel, analysts say

Oil exporters meet in Vienna on Friday to discuss their pact to cut production, but many analysts are not focused on Austria this week. Instead, they’re watching refineries around the world for signs that the oil price rally can continue. U.S. West Texas Intermediate crude hit a nearly four-month high at $50.81 on Thursday, despite […]

By September 22, 2017 0 Comments Read More →

Cenovus reaches agreement to sell Suffield assets for more than half a billion dollars

This post was originally published on this siteCALGARY, Alberta, Sept. 25, 2017 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into a definitive agreement to sell its Suffield crude oil and natural gas operations in southern Alberta to International Petroleum Corporation for gross cash proceeds of $512 million. The parties have also agreed […]

By September 25, 2017 Read More →

Noble Energy Will Host Its Third Quarter 2017 Results Conference Call and Webcast on October 31st

This post was originally published on this siteHouston, Sept. 22, 2017 (GLOBE NEWSWIRE) — Noble Energy, Inc. (NYSE: NBL) will host its third quarter 2017 results conference call and webcast at 8:00 a.m., Central Time, Tuesday, October 31, 2017.  The Company plans to issue its financial and operating results, including supporting materials, after market close […]

By September 22, 2017 Read More →

Ultra Petroleum Responds to Make-Whole Ruling

This post was originally published on this siteHOUSTON, Sept. 22, 2017 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (NASDAQ:UPL) confirmed that late yesterday, the bankruptcy court overseeing its earlier restructuring proceedings denied the Company’s objection to certain make-whole and post-petition interest claims that remained following its emergence from chapter 11. “We are disappointed and strongly disagree […]

By September 22, 2017 Read More →

Other Recent Articles

Oil price, President Energy, Hurricane Energy, Providence Resources, Frontera Resources And finally…

A good day yesterday as the market was positive ahead of the Opec/non Opec meeting at which an extension of the deal looks likely. The EIA inventory stats showed a build of 4.6m barrels but although that was slightly ahead of forecasts given the hurricane damage is still pretty irrelevant. The same goes for the […]

By September 22, 2017 0 Comments Read More →

LOUISIANA SPOTLIGHT: NEW TACTIC AS ‘FISCAL CLIFF’ NEARS

Maybe Louisiana’s politicians are starting to take the state’s “fiscal cliff” more seriously as the $1 billion-plus budget hole edges ever closer. Or maybe they’re just acknowledging the last stab at closing the shortfall earlier this year was a total failure and that their most recent tactics shouldn’t be repeated. Whatever the reason, two of […]

By September 22, 2017 0 Comments Read More →

Oil settles flat as unease builds ahead of OPEC meeting

Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the global crude glut. Ministers from the Organisation of the Petroleum Exporting Countries, Russia and other producers meet on Friday. They will discuss a possible […]

By September 22, 2017 0 Comments Read More →