Houston firm invests in Scott tech company

Houston firm invests in Scott tech company

Houston-based equity fund Pelican Energy Partners has made “a significant investment” in Gordon Technologies LLC, an oil and gas industry service company based in Scott. Pelican did not disclose the amount it invested. Gordon Technologies offers “measurement-while-drilling” technology. The technology provides drillers with precise, real-time data about wellbore position, drill bit information and directional data. […]

Don’t Look Now, But The Haynesville Shale Is Coming Back To Life

Don’t Look Now, But The Haynesville Shale Is Coming Back To Life

One of the early centers of American shale drilling is roaring back to life, boosted by a building boom of petrochemical plants, fertilizer factories and gas-export terminals along the Gulf Coast. The Haynesville Shale, a giant natural-gas field in northwest Louisiana, was one of fracking’s hottest spots a decade ago. But it fizzled out about five […]

An Old Fracking Hot Spot Makes a Comeback

An Old Fracking Hot Spot Makes a Comeback

One of the early centers of American shale drilling is roaring back to life, boosted by a building boom of petrochemical plants, fertilizer factories and gas-export terminals along the Gulf Coast. The Haynesville Shale, a giant natural-gas field in northwest Louisiana, was one of fracking’s hottest spots a decade ago. But it fizzled out about […]

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 […]

U.S. Import And Export Prices Increase More Than Expected In September

U.S. import and export prices both increased by more than anticipated in the month of September, according to a report released by the Labor Department on Tuesday. The report said import prices climbed by 0.7 percent in September after rising by 0.6 percent in August. Economists had expected import prices to increase by 0.5 percent. […]

Risk premium may be waning for oil prices

Disruptions to U.S. oil production from Hurricane Nate may support a risk-fueled rally in oil prices Tuesday, but concerns about global outages may be fading. Crude oil prices soared during the Monday session as tensions boiled over in the northern provinces of Iraq. Iraqi and Kurdish forces are sparring over control of the so-called disputed […]

Daily on Energy: Thank Mexico for natural gas exports

The U.S. is exporting 4 billion cubic feet per day to Mexico, Chris McGill, head of the trade group’s analysis arm, told reporters Tuesday morning as he discussed the outlook for the winter heating season. On top of the demand from Mexico, shipments of liquefied natural gas to Asia and elsewhere are at “more than […]

NXT Energy Solutions Inc. Announces Reorganization of Corporate Resources, Refocusing of Business Strategy and Proposed Changes in Financial Leadership

This post was originally published on this siteCALGARY, Alberta, Oct. 19, 2017 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD) (OTC QB:NSFDF) is pleased to announce a reorganization of corporate resources, refocusing of the Company’s business strategy and proposed changes in financial leadership along with significant corporate cost reductions. These changes […]

By October 19, 2017 Read More →

PwrCor, Inc. Closes Private Placement

This post was originally published on this siteNEW YORK, Oct. 19, 2017 (GLOBE NEWSWIRE) — PwrCor, Inc. (OTCQB:PWCO), a cleantech energy technology company launching advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, today announced that it has completed the sale of $665,000 of units (the “Units”) of the […]

By October 19, 2017 Read More →

Cenovus reaches agreement to sell Palliser assets for $1.3 billion

This post was originally published on this siteCALGARY, Alberta, Oct. 19, 2017 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) has entered into an agreement to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for cash proceeds of $1.3 billion. The sale is expected to close […]

By October 19, 2017 Read More →

Other Recent Articles

Legacy Reserves LP Schedules Conference Call to Report Third Quarter 2017 Results

This post was originally published on this siteMIDLAND, Texas, Oct. 18, 2017 (GLOBE NEWSWIRE) — Legacy Reserves LP (“Legacy”) (Nasdaq:LGCY) today announced it will provide details of its third quarter 2017 operating and financial performance with its earnings report which is scheduled to be released on Wednesday, November 1, 2017, following the close of NASDAQ […]

By October 18, 2017 Read More →

Oil States Revises Third Quarter 2017 Guidance Due to the Impacts of Hurricane Harvey

This post was originally published on this siteHOUSTON, Oct. 18, 2017 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE:OIS) announced today updated guidance for third quarter 2017 primarily due to the impact of Hurricane Harvey, which caused widespread damage and logistical challenges in Houston and the surrounding region during the quarter. Oil States was impacted […]

By October 18, 2017 Read More →

Profire Energy, Inc. Engages Three Part Advisors for Investor Relations

This post was originally published on this siteLINDON, Utah, Oct. 18, 2017 (GLOBE NEWSWIRE) — Profire Energy, Inc. (NASDAQ:PFIE), a technology company (the “Company”) which creates, installs and services burner and chemical management solutions in the oil and gas industry, today announced it has retained Three Part Advisors, LLC, to lead its strategic investor relations […]

By October 18, 2017 Read More →