Author Archive: Admin

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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Drilling Down: Permian Basin dominates drilling permit filings in New Year

Drilling Down: Permian Basin dominates drilling permit filings in New Year

The Permian Basin of West Texas is beginning the New Year on a strong note. Nearly three-fourths of the 245 drilling permits filed with the Railroad Commission during the first week of 2019 were from the prolific West Texas shale play. Of the 48 exploration and production companies that applied for those drilling permits, Pioneer […]

By January 14, 2019 0 Comments Read More →
Halliburton Appoints New Western Hemisphere President

Halliburton Appoints New Western Hemisphere President

Halliburton Company HAL, -1.70% is pleased to announce that Mark Richard, currently senior vice president of the Northern Region, has been promoted to succeed Jim Brown as president of the Western Hemisphere effective Feb. 1, 2019. “Mark’s success in managing multiple regions around the world, his substantial industry knowledge and established customer relationships well position him to guide […]

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Another Crucial Canadian Pipeline Runs Into Trouble

Late last year, Royal Dutch Shell gave the greenlight to a massive LNG export terminal on Canada’s Pacific Coast, one of the largest investments in LNG in years. But like other fossil fuel projects in Canada, the plans have run into some trouble. Shell’s LNG Canada project hinges on a crucial pipeline that will connect gas fields […]

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U.S. Shale Oil And Natural Gas, Underestimated Its Whole Life

I want to write on a recent piece in The Wall Street Journal, “Fracking’s Secret Problem—Oil Wells Aren’t Producing as Much as Forecast,” that speaks of an ‘illusory picture’ of prospects for the U.S. shale oil and gas industry. The article is based on the same rhetoric that we have been hearing since the industry’s takeoff back in 2008: […]

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Brent crude oil falls back to $60 on concerns about China slowdown

Brent crude oil slipped to around $60 a barrel on Monday after data showed weakening imports and exports in China, the world’s second-largest oil consumer, raising the prospect of a slowdown in fuel demand. China’s exports fell by the most in two years in December while imports contracted, official figures showed, pointing to further weakness […]

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Saudi and Canadian Cuts Are Leaving World Hungry for Heavy Crude

Output cuts in oil-rich Alberta and Saudi Arabia are combining to leave heavy-crude refiners from the Gulf of Mexico to Asia in a bind. While curtailments in the Canadian province have propelled local prices to their strongest level in almost a decade, other grades like Arab Heavy and Heavy Louisiana Sweet are also surging. The […]

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Denbury Resources Inc. (DNR) Shares Bought by United Services Automobile Association

United Services Automobile Association grew its stake in shares of Denbury Resources Inc. (NYSE:DNR) by 290.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 269,896 shares of the oil and natural gas company’s stock after acquiring an additional 200,804 shares […]

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In and Out: Trump selective about travel during shutdown

WASHINGTON (AP) — Vacation jaunts and hobnobbing with global elites at a Swiss ski resort are out for President Donald Trump. Visits with troops and farmers are OK. Like some of his recent predecessors, Trump is carefully picking and choosing where he’ll travel during the partial government shutdown. He visited with U.S. troops stationed at […]

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Louisiana Political Hall of Fame announces new inductees

Louisiana’s latest Political Hall of Fame inductees will include the state’s only “first gentleman,” the brother of former Gov. Edwin Edwards and an ex-lawmaker. The 2019 additions include Raymond “Coach” Blanco, a political adviser, pollster and husband of former Gov. Kathleen Blanco who was known as “first gentleman” when she was in office. Also on […]

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Louisiana Tax Commission head arrested, accused of fraud and malfeasance

Louisiana State Police on Friday arrested the administrator for the state commission that oversees property tax assessors, accusing him of charging the state for time when he wasn’t working and using a state rental vehicle for personal use. Charles Abels III, administrator for the Louisiana Tax Commission, is accused of 63 counts of filing or maintaining false […]

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