A look at the fracking process to be used on the Red River

A look at the fracking process to be used on the Red River

Mining 61.8 million tons of sand from the Red River near Doddridge, Ark., for hydraulic fracturing in Texas and Louisiana will not require explosives, an official said. “Unlike sand-mining operations in other states throughout the country, there will be no blasting techniques used in the company’s mining program,” said Ryan McMaster, sales and business director […]

Lawsuit Seeks to Block Gulf of Mexico Oil Lease Sale

Lawsuit Seeks to Block Gulf of Mexico Oil Lease Sale

Environmental groups sued the Trump administration late Monday for drastically expanding offshore oil and gas drilling in the Gulf of Mexico without giving full consideration to the environmental risks. Brought by the Gulf Restoration Network, the Sierra Club and the Center for Biological Diversity, the federal complaint challenges an August 15 lease sale by the […]

Offshore services company Tidewater to acquire smaller rival Gulfmark Offshore in all-stock deal

Offshore services company Tidewater to acquire smaller rival Gulfmark Offshore in all-stock deal

Offshore service vessel company Tidewater said Monday that it will acquire smaller rival GulfMark Offshore in an all-stock deal that will create a $1.25 billion combined company and enable Tidewater to expand its position in the North Sea. The combined company will have the industry’s largest fleet of supply vessels and save Tidewater roughly $30 […]

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, […]

Norway striking oil union and employers talking to mediator

A state-appointed mediator is talking to rig owners and a Norwegian union to try to resolve a strike by almost 1,600 oil workers but he warned that it was too early to say if the dispute could be settled. Norway’s Safe union on Monday escalated a strike it began on July 10 over pay and […]

What makes Putin’s vision of a Russian-US oil alliance a pipedream

When Russian leader Vladimir Putin addressed the media in Helsinki alongside President Donald Trump, he proposed that their countries “work together” to make oil and gas markets calmer. Trump didn’t say whether he supported the idea but he repeated his frequent assertion that Russia and the U.S. are competitors, adding, “I think the word competitor […]

Oil slides near $68 as U.S. crude stocks expand, gasoline drops

Oil slipped toward $68 a barrel after mixed U.S. government data sowed uncertainty about the strength of demand in the biggest fuel-consuming nation. Futures in New York fell as much as 1.3 percent after the data showed a surprise gain in nationwide crude inventories and record-high production, while robust fuel demand depleted gasoline stockpiles by […]

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

Canada’s Large Price Discounts on Oil Sands Barrels to Persist Until New Pipeline Capacity is Added, Says GlobalData

Canada’s existing oil pipeline and railway capacity is enough to support oil sands current exports but with little extra room for logistic constraints. Presently, there are at least three announced pipeline projects that will serve different markets and hence can support the diversification of exports and better pricing of oil sands production, says GlobalData, a […]

Oil prices fall on rising inventory levels

Simmering trade tensions and an increase in U.S. crude oil inventories helped send the price of oil lower before the start of trading Wednesday in New York. A survey of analysts from commodity pricing group S&P Global Platts revealed expectations of a decline in commercial crude oil inventories in the world’s largest economy of 3 […]

US Chamber: America No. 1 in oil and natural gas, exports set to multiply

Driven by expanding energy development from shale, America “today” is the world’s top producer of oil and gas and an explosion in exports is expected to follow, according to a new report from the U.S. Chamber of Commerce. “Today, the United States is the world’s top producer of oil and natural gas. And the future […]