The Rundown: Tax measures head to House (again) and more Louisiana politics news

The Rundown: Tax measures head to House (again) and more Louisiana politics news

Today in The Rundown: The House has three tax measures to consider as it attempts again to address the fiscal cliff; Louisiana loses its incarceration crown; College students rally at the Capitol; and everything else you need to know in Louisiana politics today. Be sure to sign up to get The Rundown in your inbox by […]

Capitol Views: Bills to start moving Wednesday, ‘We have got to get this done’

Capitol Views: Bills to start moving Wednesday, ‘We have got to get this done’

Lawmaking committees will begin voting on proposals to extend an expiring penny in state sales tax on Wednesday. The full House of Representatives plans to start voting Thursday on those proposals. The Legislature has less than 10 days to parse through at least six different revenue bills on the table to mitigate next fiscal year’s […]

Where Will U.S. Frackers Drill Next?

Where Will U.S. Frackers Drill Next?

With WTI oil prices staying above $60 a barrel for several months, U.S. drillers are breaking production records each week, mostly thanks to the Permian in West Texas and New Mexico. “Anytime you mention the Austin Chalk, the committee room lights up,” the Chairman of the House Natural Resources and Environmental Committee, State Representative Stuart […]

Let The Free Market Rule

Let The Free Market Rule

By: Gifford Briggs, President of the Louisiana Oil & Gas Association  The cover that was keeping the Austin Chalk quiet has been blown off. The play spanning across most of central Louisiana, stretching from Lake Pontchartrain to the Texas border is getting a lot of attention. At first it was a few undisclosed investor’s drilling […]

The Future of Oil and Gas

The Future of Oil and Gas

Gifford Briggs, President of the Louisiana Oil & Gas Association   The days of pen and paper seem to be coming to a close as this method of communication is being replaced by tablets and smart phones. We no longer have the attention span to wait on a letter to arrive by mail.  Instead, we […]

Austin Chalk: Louisiana’s Golden Egg ?

Austin Chalk: Louisiana’s Golden Egg ?

Gifford Briggs, President of the Louisiana Oil & Gas Association Easter is one of my favorite times of year to spend with my family. Not only is it a time to celebrate the resurrection of Jesus Christ, but it is a time to get together with those you love, consume endless amounts of boiled crawfish, […]

Brazil opens door to oil production advances

New policies enacted by Brazilian energy regulators facilitate construction of the production infrastructure needed to crack into offshore oil, a report found. A compromise solution from the National Agency of Petroleum reduced fines for non-compliance and made it easier for companies to meet exploration and production contract requirements. Consultant group Wood Mackenzie said that means […]

Oil falls as OPEC nears deal to raise production

Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production. Benchmark Brent crude LCOc1 dropped $1.76 a barrel, or 2.3 percent, to a low of $72.98 before recovering a little to $73.54, down $1.20, by 1215 GMT. U.S. light crude CLc1 was $1.00 lower at $64.71. […]

Colorado sees bottlenecks crimping oil production

Pipeline limitations near the U.S. inland storage hub in Cushing, Okla., create headwinds for growth in Colorado oil production, a state report found. Colorado crude oil production more than tripled since 2010 and now accounts for about 4 percent of the total U.S. crude oil production. Anadarko Petroleum, one of the larger operators in the […]

Thunder Energies announces interview with Midnight in the Desert w/Heather Wade on the danger posed by antimatter asteroids

TARPON SPRINGS, Fla., Dec. 20, 2017 (GLOBE NEWSWIRE) — Brian Buckley, Operations Manager of Thunder Energies Corporation, a publicly-traded company with stock symbol (OTC:TNRG), announces that Dr. Ruggero M. Santilli, company Chief Scientist, has been interviewed on December 6, 2017 by Ms. Heather Wade, host of Midnight in the Desert Radio (http://midnightinthedesert.com/how-to-listen) from 9:00 pm […]

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TransGlobe Energy Corporation Announces Q4 2017 Operations Update

CALGARY, Alberta, Dec. 20, 2017 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) (TSX:TGL) (NASDAQ:TGA) announces an operational update. All dollar values are expressed in US dollars unless otherwise stated. Highlights Annual 2017 average production is trending to ~15.4 MBoepd, a 27% increase over 2016 Lifted and sold ~510 thousand barrels of entitlement crude […]

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Eagle Energy Inc. Announces Ongoing Production Results from its First North Texas Well

CALGARY, Alberta, Dec. 19, 2017 (GLOBE NEWSWIRE) — (TSX:EGL):  Eagle Energy Inc. (“Eagle”) is pleased to announce that, one month after initial production, the oil, natural gas and natural gas liquids rates from its first North Texas horizontal well continue to perform at budgeted levels.  Currently, the well is producing 450 barrels of oil equivalent […]

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Other Recent Articles

Q1 Reporting Shows Unsurprising Quarterly Decline, But Yearly Increase

The picture from the Q1 reporting season is emerging. While the growth rate for revenues quarter over quarter has dipped into the red, the year over year comparison shows continued growth in the oilfield service industry. In Q1 2018, the blended quarterly growth in revenue for service companies exposed to upstream oil and gas activities […]

Louisiana utility regulators approve wind farm project

State utility regulators Wednesday allowed a northwest Louisiana electric company to purchase part of the nation’s largest wind-power project. The $4.5 billion “Wind Catcher” project in the Oklahoma panhandle began construction last December and is expected to start generating electricity in 2020. The Louisiana Public Service Commission allowed the Shreveport-based Southwestern Electric Power Co., better known […]

Exxon Mobil, Hess make another offshore Guyana discovery

Exxon Mobil and Hess Corp. said Wednesday they’ve made their eighth oil discovery in the developing offshore fields of Guyana in northeastern South America. The find at the new Longtail-1 exploration well represents the continuation of emerging oil development off the coast of the Latin American country, which is immediately east of Venezuela, where political […]