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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Energy Leaders Respond to New District Court Ruling on Coastal Litigation, Gov. Edwards’ Renewed Calls for More Lawsuits

Energy Leaders Respond to New District Court Ruling on Coastal Litigation, Gov. Edwards’ Renewed Calls for More Lawsuits

BATON ROUGE, LA (Nov. 10, 2016)— Louisiana Oil and Gas Association (LOGA) Acting President Gifford Briggs and Louisiana Mid-Continent Oil and Gas Association (LMOGA) President Chris John today issued the following joint statement in response to 24th Judicial District Court Judge Stephen Enright’s decision to grant a motion for a new trial in the lawsuits involving […]

By November 10, 2016 0 Comments Read More →
Roadblocks won’t stop us

Roadblocks won’t stop us

We are closing in on the two-year mark for the historic drop in crude oil prices. In the span of 2014-2016, the industry has seen the price for a barrel of oil drop from north of $110 to south of $30. This crash has brought about great hardship for the Louisiana oil and gas industry […]

By November 10, 2016 0 Comments Read More →
Edwards’ Legal War Amounts to Another De-Facto Moratorium on Drilling

Edwards’ Legal War Amounts to Another De-Facto Moratorium on Drilling

Six years ago President Barack Obama imposed an unnecessary ban on offshore drilling in the Gulf of Mexico, which left tens of thousands of Louisiana oil and gas workers and service sector employees out of jobs and nearly devastated our state’s economy. Today, we are facing a new moratorium, but this time the threat is […]

By September 26, 2016 0 Comments Read More →
A Long, Difficult Road Ahead For Louisiana’s Oil And Gas Producers

A Long, Difficult Road Ahead For Louisiana’s Oil And Gas Producers

Consistently low oil and natural gas prices have set the industry back tens of billions of dollars. According to the U.S. Energy Information Administration (EIA), the sharp decline in crude oil prices caused a stunning $67 billion in combined losses by 40 publicly-traded U.S. oil producers in 2015. Many of those losses hit home right […]

By September 8, 2016 0 Comments Read More →
Encouraging signs for oil and gas

Encouraging signs for oil and gas

By Don Briggs President, Louisiana Oil and Gas Association   The last year and a half has brought about vast changes for the global oil and gas market. Prices have fallen from $113 a barrel in 2014 to $27 dollars more recently. However, over the last month we have seen those prices nearly double. This […]

By June 16, 2016 0 Comments Read More →

Bloomberg: U.S. Stocks Fall With Commodities, S&P 500 Slips From July High

Bloomberg reports: U.S. stocks fell as commodity shares declined, with the S&P 500 slipping from a 10-month high amid speculation equities may have run too far too fast given the lackluster prospects for global growth. The S&P 500 retreated 0.4 percent to 2,110.35 at 9:32 a.m. in New York, after climbing yesterday to within 0.6 percent […]

By June 9, 2016 0 Comments Read More →

The Advocate: No fan of Gov. John Bel Edwards, Florida Gov. Rick Scott coming to Louisiana next week to try to lure away businesses

The Advocate reports: TALLAHASSEE, Fla. — Florida Gov. Rick Scott is heading to Louisiana in his latest job recruitment effort. Scott heads next week to Baton Rouge and New Orleans, where he will try to convince business owners that they should leave Louisiana because Gov. John Bel Edwards is proposing tax hikes to solve the state’s budget woes. Scott, who […]

By June 9, 2016 0 Comments Read More →
Baton Rouge Business Report: The oil and gas industry questions whether new regulations will make drilling safer or just more expensive

Baton Rouge Business Report: The oil and gas industry questions whether new regulations will make drilling safer or just more expensive

The Baton Rouge Business Report published: Six years after the Deepwater Horizon offshore drilling rig explosion killed 11 men and caused a leak that dumped more than 4 million gallons of oil into the Gulf of Mexico, the Obama administration has issued regulations meant to prevent the next deepwater disaster. “The well control rule is a vital […]

By June 9, 2016 0 Comments Read More →

Forbes: Slowly, Distressed Oil And Gas Companies Look to Asset Sales As Oil Hits $50

Forbes published: Faced with dwindling cash and anxious lenders pushed to the brink, oil and gas exploration companies have reluctantly started to let go of acreage they have guarded through the worst of the commodity downturn. The number of transactions for shale assets has increased this year, albeit off of low levels in 2015. For that […]

By June 9, 2016 0 Comments Read More →

FuelFix: Shell to end sponsorship of Houston Open

FuelFix reports: HOUSTON – Royal Dutch Shell will end its title sponsorship of the Houston Open golf tournament after more than a quarter century, the oil company said Wednesday, blaming the energy-market crash that is forcing drillers to tighten their belts. Each year, the weeklong Houston Open draws thousands of golf enthusiasts, professional golfers and oil […]

By June 9, 2016 0 Comments Read More →