LOGA News

Outside interests try to make coastal lawsuits main issue in Plaquemines Parish elections

Outside interests try to make coastal lawsuits main issue in Plaquemines Parish elections

Are officials doing enough to spray for mosquitoes, hold down flood insurance rates and cut grass along levees and highways? These are the questions that typically animate elections in Plaquemines Parish. The decline in oil and gas exploration and production has hit the economies of Buras and Venice at the southern end of Plaquemines Parish […]

Louisiana’s annual tort system costs pegged at more than $4,000 per household

Louisiana’s annual tort system costs pegged at more than $4,000 per household

Louisiana lawsuit costs are among the highest in the nation, with annual expenses in 2016 reaching nearly $7 billion – or the equivalent of $4,015 per household – according to a new study on the cost of tort litigation in all 50 states. The study released last week by the U.S. Chamber of Commerce Institute […]

Cameron LNG to start commissioning first train of liquefaction-export project

Cameron LNG to start commissioning first train of liquefaction-export project

Sempra Energy has announced that Cameron LNG has commenced the commissioning process for the support facilities and first liquefaction train of Phase 1 of its liquefaction-export project in Hackberry, Louisiana, US. Joseph A. Householder, President and Chief Operating Officer of Sempra Energy, said: “All major construction activities have been completed to begin the commissioning and […]

KPEL’s Third Report On The Texodus To Midland Is Out…

KPEL’s Third Report On The Texodus To Midland Is Out…

…and it’s worth watching, as this time Rob Kirkpatrick talks to Brian Boustany, a Church Point oilfield operator who has moved everything from Acadiana to Midland in order to open his own oilfield service business. In case you missed the first two reports Kirkpatrick produced on how the oil and gas industry has in large […]

Marketed: Texegy Louisiana Austin Chalk Core Mineral Interests

Marketed: Texegy Louisiana Austin Chalk Core Mineral Interests

Texegy LLC is offering for sale its oil and gas mineral and royalty interests located in Vernon and Sabine parishes in the core of the Louisiana Austin Chalk trend. Houlihan Lokey Capital Inc. has been retained by Texegy to serve as its exclusive financial adviser to assist with this transaction. Bids are due Dec. 5…   […]

State business and industry leader says high litigation costs hurt Louisiana families

State business and industry leader says high litigation costs hurt Louisiana families

The director of civil justice for the Louisiana Association of Business and Industry (LABI) is concerned about the high cost of litigation and what it means to those living in the state. According to a recent report by the Institute for Legal Reform, Louisiana has some of the highest litigation costs in the nation, with families […]

Chesapeake To Acquire Eagle Ford Producer WildHorse For Nearly $4 Billion

Chesapeake To Acquire Eagle Ford Producer WildHorse For Nearly $4 Billion

Chesapeake Energy Corp. (NYSE: CHK) on Oct. 30 announced a blockbuster deal for WildHorse Resource Development Corp. (NYSE: WRD) worth nearly $4 billion the Oklahoma City-based company expects will create an Eagle Ford oil producing powerhouse. As part of the deal, Chesapeake will acquire WildHorse, a Houston-based company with operations in the Eagle Ford Shale […]

Louisiana Oil and Gas says small group of lawyers cannot be allowed to ruin state’s future

Louisiana Oil and Gas says small group of lawyers cannot be allowed to ruin state’s future

A small group of trial lawyers cannot be allowed to ruin Louisiana’s future, the Louisiana Oil and Gas Association said after a survey showed that a majority of voters in Plaquemines Parish are opposed to coastal erosion lawsuits being filed against the industry. “We cannot allow a small group of trial lawyers to ruin the […]

Israel looking to Louisiana for drilling help

Israel looking to Louisiana for drilling help

Gov. John Bel Edwards and members of the Louisiana delegation met with Israeli energy minister Yuval Steinitz Sunday to explore a partnership that would send Louisiana drilling companies to Israel. Israelis recently discovered natural gas deposits in the Mediterranean Sea that could make them a powerful energy player in the middle east. “They’re looking for […]

Louisiana has dollars at stake as Congress wrangles over oil and gas revenue

Louisiana has dollars at stake as Congress wrangles over oil and gas revenue

A pair of Congressional bills are in the works that could dramatically change the way Louisiana receives coastal protection funding from the oil and gas industry. Under the Gulf of Mexico Energy Security Act — GOMESA — the federal government gives coastal states a cut of the revenue it receives from offshore oil drilling. Washington D.C. politicians […]