BSEE head optimistic for Gulf of Mexico in 2019

BSEE head optimistic for Gulf of Mexico in 2019

The Bureau of Safety and Environmental Enforcement said Thursday director Scott Angelle is “optimistic” that drilling in the Gulf of Mexico will increase in 2019. At the Louisiana Association of Business and Industry Conference in New Orleans this week, Angelle noted that applications for deepwater drilling permits had increased in 2018. “Let us be the […]

BP starts production from expansion to Thunder Horse deep-water Gulf field

BP starts production from expansion to Thunder Horse deep-water Gulf field

Energy giant BP says it’s added the equivalent of 30,000 barrels of oil a day to production at its largest Gulf of Mexico platform, called Thunder Horse. That brings the field’s gross output to more than 200,000 barrels of oil equivalent a day, a news release Thursday from Houston-based BP United States says. The field […]

Digging deep to explain politics of oil lawsuits

Digging deep to explain politics of oil lawsuits

Anyone who has ever hired a lawyer knows that sometimes attorneys can forget that the client is the boss. That seems to be happening in Plaquemines Parish, where the Parish Council is suing oil companies over damage to wetlands. Thursday, four council members voted to withdraw from the suit. The measure won a 4-3 vote, […]

Severance Tax: How does Louisiana stack up?

By: Gifford Briggs, President of the Louisiana Oil & Gas Association  “No taxation without representation!” the slogan that originated during the 1700s and started a Revolution. In the past 300 years, very little has changed with regards to our view of taxes. Who do we tax? What do we tax? Fair tax, flat tax, internet […]

By September 14, 2018 0 Comments Read More →
Elections: What’s at Stake

Elections: What’s at Stake

By: Gifford Briggs, President of the Louisiana Oil & Gas Association  If there ever were a time in U.S. history when the phrase “elections have consequences” would be most accurate, now would be that time. The contrast between the past and current United States President could not be more different. Under President Obama, we experienced […]

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 […]

UAE Boosts Production, Introduces New Crude Blend

The Abu Dhabi National Oil Company (ADNOC), the producer of nearly all of the oil in the UAE, began producing and exporting a new crude grade, Umm Lulu, in October, an ADNOC spokesman told Reuters, in a move that will help raise the Middle Eastern producer’s exports as OPEC is relaxing the production cuts to […]

Top Oil Trader Still Sees Higher Prices In 2019

Three weeks ago, when Brent Crude prices hit $80 a barrel on fears of an imminent supply crunch with the Iran sanctions, one of the world’s top oil traders—Trafigura—was one of the first to start talking about a return of $100 oil. Three weeks later, Brent Crude is again trading at nearly $80 as of […]

Factbox: U.S., Saudi Arabia have leverage on each other; using it has costs

The United States and Saudi Arabia have had a mutually dependent relationship for seven decades based on a central bargain: the kingdom would pump oil and the superpower would provide security. The interests that bind, and sometimes divide, the two range from the price of oil and containing Iran, to counter-terrorism, the wars in Syria […]

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

Asia Will Contribute 54% of Global Refinery Fluid Catalytic Cracking Units Capacity Additions by 2022, Says GlobalData

Asia is forecast to be the major contributor to the growth of the global refinery fluid catalytic cracking units (FCCU) industry between 2018 and 2022, accounting for around 54% of the global planned and announced refinery FCCU capacity additions by 2022, according to GlobalData, a leading data and analytics company. The company’s report: ‘Global Refinery […]

U.S. manufacturers’ short-term capability to switch fuels continues to decline

Some manufacturing plants can take advantage of relative price differences and cope with supply shortages by switching the fuels used in their furnaces, boilers, ovens, and other combustors. In the United States, the capability of the manufacturing sector to switch the fuels it uses has declined in recent decades, as described in a new report […]

LOUISIANA POLITICS: STATE’S NOV. 6 BALLOT HAS PARISH PRESIDENTS, TOO

Candidates for parish presidencies are reaching out to voters with increased engagements in a handful of parishes, including Pointe Coupee, West Feliciana and Plaquemines. According to the Secretary of State’s Office, only 24 of Louisiana’s 64 parishes elect a chief executive. Thirty-nine have either a police jury or parish commission, while Orleans — as the […]