Louisiana Record: Louisiana AG political contributors reap lucrative legal contracts in BP litigation; Biggest contractor, caught napping in court, has reaped $12M

Louisiana Record: Louisiana AG political contributors reap lucrative legal contracts in BP litigation; Biggest contractor, caught napping in court, has reaped $12M

The Louisiana Record reports: NEW ORLEANS – Political contributors to Louisiana Attorney General Buddy Caldwell have billed taxpayers more than $13.2 million in legal fees, representing the state in Deepwater Horizon litigation that has not gone to trial yet. Five years after the oil spill, several private attorneys are racking up fees under no-bid contracts […]

By April 27, 2015 0 Comments Read More →
FuelFix: Saudi Arabia’s solution to global oil glut: Pump even more crude

FuelFix: Saudi Arabia’s solution to global oil glut: Pump even more crude

FuelFix reports: Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even more. The world’s biggest oil exporter, having abandoned last year its role of keeping global markets in balance, now has incentive to maximize output and undermine rival producers by using its reserve capacity, […]

By April 24, 2015 0 Comments Read More →

LOGA supports Gulf States Trade Mission to Mexico

On May 20-23, 2015, LOGA will be participating in the Gulf States Trade Mission to Mexico with the World Trade Center of New Orleans, the Committee of 100, the Mississippi Manufacturers Association, along with the Lafayette Economic Development Authority and other elected officials. The goal of this Gulf States Trade Mission to Mexico is to […]

By April 23, 2015 0 Comments Read More →
Don Briggs: BP is answering the challenge

Don Briggs: BP is answering the challenge

The oil and gas industry has a storied history in the state of Louisiana. Over the last one hundred years, the industry has provided hundreds of thousands of direct and indirect jobs to this state. To clarify the obvious, the oil and gas industry is an industrial segment that depends on human ability as well […]

By April 16, 2015 0 Comments Read More →
Keep Louisiana Competitive

Keep Louisiana Competitive

By Don Briggs President, Louisiana Oil and Gas Association As the 2015 Louisiana State Legislature convenes, a $1.6 billion budget deficit has everyone wondering what or who gets cut first? While the state has a deficit to deal with for this fiscal year, the oil and gas industry has its own set of worries. The […]

By April 1, 2015 0 Comments Read More →
Keystone Pipeline Still Makes Sense

Keystone Pipeline Still Makes Sense

By Don Briggs President, Louisiana Oil and Gas Association Take your pick as to the reason why the Keystone XL pipeline is necessary for the United States’ future. Most of the following items could be reason enough to finish the construction of the pipeline: jobs, economic impact, national security, safety, and finally, imported resources from […]

By March 11, 2015 0 Comments Read More →

FuelFix: Linn Energy to close Denver office, shed 55 jobs

FuelFix reports: HOUSTON — Linn Energy will shutter its Denver office and eliminate 55 positions located there, the latest Houston-based oil company to cut back amid a commodity price plunge. Linn notified Colorado state regulators of plans to close the office by mid-June. The decision is part of a restructuring effort to improve efficiency and […]

By April 27, 2015 0 Comments Read More →

FuelFix: U.S. producers idle 31 more oil rigs

FuelFix reports: HOUSTON – The number of U.S. oil rigs fell once again this week, Baker Hughes said Friday, as producers kept cutting drilling in the face of low crude prices. The Houston oil field services company counted 31 fewer oil rigs and eight more active gas-drilling rigs this week, a net drop that left […]

By April 27, 2015 0 Comments Read More →

Fort Worth Star Telegram: Railroad Commission to consider shutting down injection wells

Fort Worth Star Telegram reports: The Texas Railroad Commission said Friday it will consider shutting down two wastewater injection wells linked by a recent scientific report to a rash of earthquakes northwest of Fort Worth. The commission will ask XTO Energy and EnerVest Operating at “show cause” hearings in June why their permits should not […]

By April 27, 2015 0 Comments Read More →

Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

The Advocate reports: Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit […]

By October 23, 2014 0 Comments Read More →

EE News: How do you survive a gas boom and bust? For starters, pay in cash

EE News reports: MANSFIELD, La. — Local officials in the Haynesville Shale believe they’ve unlocked the secret for successful spending of gas boom wealth. The approach? Invest quickly in health, safety and education, and squirrel away the rest for a rainy day. “Just because we have it don’t mean we have to spend it,” DeSoto […]

By October 20, 2014 0 Comments Read More →
NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com: Houston firm buys $275 million stake in Haynesville natural gas fields

NOLA.com reports: A Houston energy investment firm will pay nearly $275 million for thousands of acres of legacy oil and natural gas fields located along the eastern edge of the Haynesville Shale in north Louisiana. The deal is the latest in a string of purchases that signal renewed investor interest in the area. Vanguard Natural […]

By September 4, 2014 0 Comments Read More →

Other Recent Articles

Advocate: Road, bridge aid sparking spate of bills in Legislature

The Advocate reports: After years of complaints but few solutions, Louisiana’s roads and bridges are suddenly sparking heavy interest in the Legislature. Despite long odds, House Transportation Committee Chairwoman Karen St. Germain, D-Pierre Part, wants to boost state aid for roads and bridges by $675 million per year by increasing the state sales tax by […]

By April 27, 2015 0 Comments Read More →

Advocate: Louisiana House committee poised to hear tax bills

The Advocate reports: Now it’s the Louisiana House’s turn. On Monday and Tuesday, the House tax-writing committee — Ways and Means — is planning to vote on measures that could raise hundreds of millions of dollars in taxes to help close the state’s massive $1.6 billion budget deficit. House leaders scheduled the action at Ways […]

By April 27, 2015 0 Comments Read More →

Advertiser: LAGCOE international program draws 43 countries

The Advertiser reports: This week’s Festival International de Louisiane showcases musical talent, crafts and cuisine from many countries and shines a light on Lafayette’s hospitality and joie de vivre. LAGCOE is also a non-profit organization which presents a grand event drawing visitors from across the globe to Lafayette Oct. 27 – 29. In 2013, oil […]

By April 27, 2015 0 Comments Read More →