LOGA to host meetings in North Louisiana on 29B and HB 784

LOGA will host meetings in North Louisiana to discuss the recent rule changes to 29B regarding financial securities and the inactive well program. Also, HB 784, by Rep. Gordy Dove will be discussed. The Louisiana Office of Conservation will be on hand to offer information and answer questions. If you would like to review the […]

By July 31, 2015 0 Comments Read More →
Advocate: Helis asks appeals court to expedite ruling in St. Tammany fracking case

Advocate: Helis asks appeals court to expedite ruling in St. Tammany fracking case

The Advocate reports: Helis Oil & Gas has asked a state appeals court to speed up the time frame for briefs to be submitted in a court challenge that has stymied its quest to begin drilling at a site north of Mandeville. The company on Tuesday (July 28) filed a motion with the First Circuit […]

By July 30, 2015 0 Comments Read More →
LOGA announces 2015 Fall Meeting in Lafayette; Registration now open

LOGA announces 2015 Fall Meeting in Lafayette; Registration now open

The Louisiana Oil & Gas Association (LOGA) is excited to announce the 2015 LOGA Fall Meeting, coming to Lafayette, Louisiana, on Tuesday September 29th. This one-day event will be your opportunity to network with state and national oil and gas industry representatives, while gaining valuable insight into the ever changing oil and gas market within […]

By July 29, 2015 0 Comments Read More →

Money shows true colors

By Don Briggs President, Louisiana Oil and Gas Association The rulings have officially been passed down regarding just how much BP will pay as a result of the Macondo spill of 2010 in the Gulf of Mexico. BP will pay out around $18.7 billion to the federal government, the State of Louisiana as well as […]

By July 29, 2015 0 Comments Read More →
Iran agreement is two-headed monster

Iran agreement is two-headed monster

By Don Briggs President, Louisiana Oil and Gas Association   The United States oil market took a drastic fall in November of 2014 due to a very specific reason. The Organization of Petroleum Exporting Countries (OPEC) decided at their Fall meeting that they would not be reducing the amount of crude oil exported on the […]

By July 20, 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 1 Comments Read More →

WSJ: Natural Gas Extends Losses After Inventory Report

The Wall Street Journal reports: NEW YORK–Natural-gas prices extended losses Thursday as traders looked ahead to expected lower demand. Futures for September delivery settled down 9.6 cents, or 3.4%, to $2.768 a million British thermal units on the New York Mercantile Exchange. Forecasts released Thursday called for…….. Read more here

By July 31, 2015 0 Comments Read More →

Tulsa World: QEP Resources to shut down Tulsa office; approximately 70 jobs affected

Tulsa World reports: Denver-based QEP Resources announced Thursday that it will be shutting down its regional office in Tulsa. About 70 employees, most of them in technical jobs, work in the company’s Tulsa office, said Brent Rockwood, a spokesman for the company. Approximately half of those……… Read more here

By July 31, 2015 0 Comments Read More →

FuelFix: Exxon Mobil earnings fall 52 percent

FuelFix reports: HOUSTON — Exxon Mobil Corp. said Friday that lower oil prices pushed down second-quarter earnings by 52 percent compared to last year. The company still reported $4.19 billion, or $1 per share, in profit on the most recent quarter. In the second quarter of 2014, Irving, Texas-based Exxon Mobil reported $8.78 billion in […]

By July 31, 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

Reuters: BP less likely to be acquired after $18.7 bln settlement – CEO

Reuters reports: BP is less likely to be acquired following its $18.7 billion settlement over the 2010 Macondo oil spill, Chief Executive Officer Bob Dudley said on Tuesday. The has been much speculation in recent months that the British oil and gas giant could become an acquisition…….. Read more here

By July 31, 2015 0 Comments Read More →

Advocate: LABI makes legislative, BESE endorsements

The Advocate reports: The state’s major business lobby on Thursday endorsed the re-election bids of 51 legislators as well as the candidacy of two challengers over incumbents. The Louisiana Association of Business and Industry’s political action arm also threw its support to………. Read more here

By July 31, 2015 0 Comments Read More →

Advocate: Stephanie Grace: Super PACs shaping Louisiana’s governor race; see who’s throwing thousands at each candidate

The Advocate reports: Up in Mount Vernon, Ohio, there’s a guy who’s concerned about Louisiana. Very, very concerned. So concerned that he recently cut a $150,000 check to the Fund for Louisiana’s Future. What Thomas Rastin was really supporting when he made the big donation, of course, wasn’t the state itself but…….. Read more here

By July 31, 2015 0 Comments Read More →