UL-Lafayette to lead research effort aimed at unlocking Tuscaloosa Marine Shale potential

UL-Lafayette to lead research effort aimed at unlocking Tuscaloosa Marine Shale potential

The massive Tuscaloosa Marine Shale covering eight million acres in Louisiana and Mississippi has long tantalized oil companies and economic development officials with the promise of a new oil boom. But idiosyncratic extraction challenges and the 2014 plunge in the price of oil have kept the Tuscaloosa Marine from realizing its economic potential, analysts say. […]

Louisiana Pipeline Project Spurs Demand for Land-Grab Records

Louisiana Pipeline Project Spurs Demand for Land-Grab Records

Three environmental groups filed a lawsuit accusing a Louisiana pipeline company of refusing to hand over records about its claim to easements across hundreds of residents’ private properties. The lawsuit, filed Tuesday in East Baton Rouge Parish District Court by lead attorney Pamela Spees with the New York-based Center for Constitutional Rights, claims 400 parcels […]

Pipeline opponents file suit against Bayou Bridge

Pipeline opponents file suit against Bayou Bridge

Pipeline opponents have taken the company behind Bayou Bridge to court over the release of what environmentalists believe are public records. In a suit filed Tuesday, the groups allege that Bayou Bridge LLC acted as a public entity when it expropriated land from Louisiana residents that would be dug up to bury the lines. Therefore, […]

LOGA’s Resolutions for a Prosperous Louisiana

Don Briggs, President of the Louisiana Oil and Gas Association  The Christmas season has come and gone, and now we are headed into the final stretch of the holiday season. The New Year has become synonyms with the sounds of champagne bottles popping, fireworks, the ball drop in Time Square, and New Year’s resolutions. According […]

By December 28, 2017 0 Comments Read More →
The Oil and Gas Industry’s The Good, The Bad, and The Ugly

The Oil and Gas Industry’s The Good, The Bad, and The Ugly

Don Briggs, President of the Louisiana Oil and Gas Association  The Good, The Bad and The Ugly – this 1966 Spaghetti Western is a staple in the career of Clint Eastwood and in the heart of many young men growing up in the late 60s. Just reading the title of this film, I can hear […]

By December 14, 2017 0 Comments Read More →
Changing Headlines

Changing Headlines

Don Briggs, President of the Louisiana Oil and Association  It is not uncommon to hear people all across Louisiana talking about the Permian Basin and for a good reason. The west Texas formation saw its first commercial oil well completed in 1921, and since then, the basin continues to be a predominant supplier of United States […]

By November 30, 2017 0 Comments Read More →

Rig counts, but not jobs, up in Texas

Exploration and production in the Permian shale basin in Texas is contributing to more output, but not more jobs, data from a federal reserve bank said. The Federal Reserve Bank of Dallas said production in the Permian shale basin increased by about 66,000 barrels per day between November and December to reach an average 2.73 […]

IEA Sees ‘Explosive’ Growth in U.S. Oil Output As Prices Rally

U.S. oil output is set for “explosive” growth this year as prices rally, potentially offsetting a further collapse in Venezuela’s production, the International Energy Agency said. The agency is joining a chorus of voices from Goldman Sachs group Inc. and OPEC’s own analysts in warning of a surge in U.S. production as oil hits three-year highs. […]

‘Relentless’ growth could see the US topple Russia, Saudi Arabia as world’s largest oil producer, IEA says

The U.S. is well-placed to overtake the likes of Saudi Arabia and Russiaas the world’s leading energy producer over the next 12 months, according to the latest monthly report from the International Energy Agency (IEA). “This year promises to be a record-setting one for the U.S.,” the IEA said in its closely-watched report published Friday. […]

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 […]

By December 20, 2017 Read More →

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 […]

By December 20, 2017 Read More →

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 […]

By December 19, 2017 Read More →

Other Recent Articles

Doomsday budget hearing pushed to Monday; TOPS among casualties

Gov. John Bel Edwards’ doomsday budget presentation has been pushed back to Monday, though the extra weekend isn’t likely to provide enough time to reach a consensus on what to do about it. Edwards’ executive budget for the 2018-19 fiscal year, beginning July 1, will include $1 billion or more in jarring cuts reflecting the expiration of […]

Oil Price, Genel, Prospex Oil & Gas/Po Valley, And Finally…

Conflicting news yesterday which has knocked oil prices a modest amount today. The Opec report was mainly positive and although they said that higher oil prices are bringing supplies onto the market, that is countered by global demand rising faster than non-Opec supply. The EIA monthly report is not so bullish, saying as it does […]

US Oil Output Is Booming and Seen Outpacing Saudis, Russia

U.S. oil production is booming and is forecast to top that of heavyweight Saudi Arabia and rival Russia this year, a global energy agency said Friday. The International Energy Agency said in its monthly market report that U.S. oil production, which has already risen to its highest level in nearly 50 years, will push past […]