New Proposed Regs from US DOT Office of Pipeline Safety

Attached below are two federal NPRM’s from US DOT’s Office of Pipeline Safety which could significantly impact Louisiana’s producers and transporters. Louisiana Office of Conservation is working to gather information to determine the impact on the industry and their office. Feel free to contact the Louisiana Office of Conservation with any questions. Commissioner’s Memo, NPRM 80 FR 61610 Commissioner’s Memo, […]

By May 3, 2016 0 Comments Read More →
Oilprice: EIA: Gulf of Mexico Production Doesn’t Outweigh Shale Decline

Oilprice: EIA: Gulf of Mexico Production Doesn’t Outweigh Shale Decline

Oilprice.com reports: Oil production in the United States fell to 9.129 mbpd from 9.180 mbpd in February, which equals a 0.6 percent decline, according to the data released by the Energy Information Administration (EIA) Compared to the previous year, the production is down by 3.4 percent. The latest data available from EIA also shows U.S. […]

By May 3, 2016 0 Comments Read More →
nola.com: Settlement of coastal oil suits? Industry groups say no

nola.com: Settlement of coastal oil suits? Industry groups say no

nola.com reports: A business lobbying group and oil industry organizations are publicly denying speculation that energy companies are negotiating with public officials to settle lawsuits over damage to Louisiana’s coast. The statement comes from the Louisiana Association of Business and Industry, the Louisiana Oil and Gas Association and the Louisiana Mid-Continent Oil and Gas Association. […]

By May 2, 2016 0 Comments Read More →
The unsung heroes of the oil and gas industry

The unsung heroes of the oil and gas industry

By Don Briggs President, Louisiana Oil and Gas Association We now enter into the 15th month in a row of rock bottom crude oil and natural gas prices for the oil and gas industry. Cut backs, set backs and layoffs are prevalent across the globe as well as right here in Louisiana. When we hear […]

By March 4, 2016 0 Comments Read More →
Cameron Parish lawsuits signal more of the same

Cameron Parish lawsuits signal more of the same

By Don Briggs President, Louisiana Oil and Gas Association The Cameron Parish lawsuits signal the same song with simply a different verse. Last week, Cameron Parish filed suit against 113 oil and gas companies with 195 named defendants. The industry has faced these types of lawsuits in Plaquemines Parish, Jefferson Parish, with the South Louisiana […]

By March 4, 2016 0 Comments Read More →
Something’s got to give!

Something’s got to give!

By Don Briggs President, Louisiana Oil and Gas Association November 2014 brought about many changes for the oil and gas way of life. For starters, the price for a barrel of crude oil dropped from $115 down to as low as $27. This drop in price has caused chaos to say the least. Over 10,000 […]

By February 3, 2016 0 Comments Read More →

WSJ: Lenders in U.S. Tighten Standards on Loans to Oil and Gas Businesses

The Wall Street Journal reports: Lenders in the U.S. tightened standards and restructured loans for businesses in the oil and gas sector in the opening months of the year amid slumping natural resource prices, according to a Federal Reserve survey of senior loan officers. Crude oil prices only recently have shown signs…….. Read more here

By May 3, 2016 0 Comments Read More →

WSJ: Oil Companies Ultra Petroleum, Midstates File for Bankruptcy

The Wall Street Journal reports: Two more publicly traded oil and natural gas companies, with combined debts of more than $5.8 billion, filed for chapter 11 bankruptcy protection in Texas as the industry continues to suffer amid stubbornly low prices. Houston’s Ultra Petroleum Corp. and Oklahoma-based Midstates Petroleum Co. separately filed for court protection in […]

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Associated Press: Anadarko Petroleum reports $1 billion loss

The AP reports: Anadarko Petroleum Corp. (APC) on Monday reported a loss of $1.03 billion in its first quarter. The company, based in The Woodlands, said it had a loss of $2.03 per share. Losses, adjusted for non-recurring costs and restructuring costs, came to $1.12 per share. The results beat…….. Read more here

By May 3, 2016 0 Comments Read More →

Noble Energy Sells Certain Greeley Crescent Acreage in DJ Basin for $505 Million

This post was originally published on this siteHouston, May 03, 2016 (GLOBE NEWSWIRE) — Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or “the Company”) today announced that it has signed a definitive agreement to divest certain oil and natural gas properties in the Greeley Crescent area of Weld County, Colorado.  The transaction includes the sale […]

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JLM Energy is Now Licensing its Measurz Technology Stack

This post was originally published on this siteROCKLIN, CALIF., May 3, 2016 (GLOBE NEWSWIRE) — As states strive to meet aggressive benchmarks for Distributed Energy Resources (DER), JLM Energy, a renewable energy technology company, announced it is licensing its Measurz technology stack. Measurz consists of a hardware, firmware, software and services platform that enables consultants, […]

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Air Quality and Climate Protection Goals Can be Immediately Addressed with Ultra Low Emission Heavy-Duty Engine Technology and Renewable Natural Gas Fuel, Technical White Paper Finds

This post was originally published on this siteLOS ANGELES, May 3, 2016 (GLOBE NEWSWIRE) — Gladstein Neandross & Associates (GNA) today released a technical white paper – written on behalf of multiple private and public sector organizations – that explores the need and approaches to start deploying zero-emission and near-zero-emission heavy-duty vehicle technologies on a […]

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Other Recent Articles

fuelfix: Chevron OTC commentary: Don’t overlook promise of natural gas

fuelfix reports: While oil is likely to steal the spotlight at the Offshore Technology Conference this week in Houston, the industry cannot underestimate the promise and potential of natural gas. Successful natural gas development in emerging markets – where the gas resources are abundant – could spur economic growth and improve living standards…….. Read more […]

By May 3, 2016 0 Comments Read More →

fuelfix: BP turns to technology after job cuts

fuelfix reports: With the argument that technology is more important than ever when times are tough, BP is relying more on automation and data analytics to produce oil and gas with fewer people on the payroll. As it eliminates 4,000 exploration and production jobs this year during the ongoing oil bust, BP……… Read more here

By May 3, 2016 0 Comments Read More →

Advocate: $600 million question: Task Force looking at income taxes, other state budget alternatives

The Advocate reports: The blue ribbon commission whose recommendations Gov. John Bel Edwards hopes to incorporate in the agenda for the upcoming second special session is looking at income taxes as a way to immediately fix the budget. No decisions have been made — the members are still studying alternatives — but the need to […]

By May 3, 2016 0 Comments Read More →