Featured

Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media

HOUSTON, May 16, 2016 /PRNewswire/ —  Fortuna Resources Holdings, LLC (“Fortuna”) announced that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The investment is focused on expanding Fortuna’s activities in the West Texas Permian Basin and related areas through acreage and asset acquisitions and […]

Read More Fortuna Resources LLC Partners with Och-Ziff Affiliates to Pursue Oil and Gas Acquisition and Development Opportunities | PRN Newswire | Oil Country Media
Featured

RRC: Drilling permits continue to rise in Midland region, across the state – Midland Reporter-Telegram

The Midland district dominated in August when it came to drilling permits, new oil completions and new gas completions, according to the Railroad Commission of Texas. The RRC reported the region – 8 – accounted for 55.9 percent of the 377 drilling permits in the state. The 211 in the Midland district was 176 more […]

Read More RRC: Drilling permits continue to rise in Midland region, across the state – Midland Reporter-Telegram
Featured

AG Jennings announces suit to hold Exxon, American Petroleum Institute, 29 others accountable for climate change costs – State of Delaware News

Claims include Negligent Failure to Warn, Trespass, Nuisance and Consumer Fraud Act violations Attorney General Kathy Jennings announced Thursday that Delaware is suing 31 fossil fuel companies on behalf of the state’s residents and businesses to hold them accountable for decades of deception about the role their products play in causing climate change, the harm […]

Read More AG Jennings announces suit to hold Exxon, American Petroleum Institute, 29 others accountable for climate change costs – State of Delaware News
Featured

Trump extends Florida offshore drilling pause, expands it to Georgia, South Carolina | TheHill

President Trump on Tuesday moved to block oil and gas drilling off the coasts of Florida, Georgia and South Carolina until mid-2032, a decade longer than drilling is currently delayed off Florida’s Gulf Coast.  “I will sign a presidential order extending the moratorium on offshore drilling on Florida’s Gulf Coast and expanding it to Florida’s Atlantic […]

Read More Trump extends Florida offshore drilling pause, expands it to Georgia, South Carolina | TheHill
Featured

U.S. oil production rose to 10.4 million bpd in June: EIA – Reuters

NEW YORK (Reuters) – U.S. oil production rose in June, but did not fully recover from a dramatic plunge in May, according to a government report on Monday. U.S. oil output rose 420,000 barrels per day in June to 10.436 million barrels a day, the U.S. Energy Information Administration said in a monthly report on […]

Read More U.S. oil production rose to 10.4 million bpd in June: EIA – Reuters
Featured

Permian oil drillers bounce back with biggest rig hike this year – Midland Reporter-Telegram

Photo: James Durbin/The Oilfield Photographer/ Midland Reporter Telegram Buy Photo (Bloomberg) — Explorers in the world’s biggest shale patch are roaring back, putting an additional 10 rigs to work this week for the biggest jump in activity since a price crash triggered an unprecedented collapse in drilling. Drillers in the Permian Basin of West Texas […]

Read More Permian oil drillers bounce back with biggest rig hike this year – Midland Reporter-Telegram
Featured

API data show a more than 4 million-barrel weekly decline in U.S. crude supplies, sources say – MarketWatch

Published: Aug. 11, 2020 at 4:39 p.m. ET By Myra P. Saefong The American Petroleum Institute reported late Tuesday that U.S. crude supplies dropped by 4.4 million barrels for the week ended Aug. 7, according to sources. The API data also reportedly showed gasoline stockpiles declined by 1.3 million barrels, while distillate inventories were down […]

Read More API data show a more than 4 million-barrel weekly decline in U.S. crude supplies, sources say – MarketWatch
Featured

Finding the trend in volatile oil markets | Bloomberg Professional Services

Bloomberg Market Specialist Zef Lokhandwalla contributed to this article. Background Oil markets have taken traders on a wild ride. Brent crude has more than doubled since its April low and has remained above $40 a barrel since mid-June. The question now for traders is: What’s the next move for oil? The supply-and-demand forecast does not […]

Read More Finding the trend in volatile oil markets | Bloomberg Professional Services
Featured

Another Louisiana native takes a top U.S. energy post – News – Houma Today – Houma, LA

The top two officials in the U.S. Energy Department are now Louisiana natives.Mark Menezes, President Donald Trump’s choice for deputy energy secretary, was confirmed Tuesday by the Senate in a 79-16 vote.Menezes, a Luling native, had most recently served as undersecretary of energy. While in the private sector, he held senior positions at energy companies […]

Read More Another Louisiana native takes a top U.S. energy post – News – Houma Today – Houma, LA
Featured

The Unconventional Happened | DUG Midcontinent 2020 goes Virtual

Join us! We are so excited to cover this event! It’s the first time ever that you can attend #DUGmidcon from any physical location via the internet! Don’t miss this! We just got word that over 500 Oil & Gas Professionals have already registered for the virtual conference! Also, thanks to the fantastic sponsors, Hart […]

Read More The Unconventional Happened | DUG Midcontinent 2020 goes Virtual
Featured

Trump to visit oil-rich Permian Basin to visit rig, talk energy | Fox Business

President Trump is expected to visit the Permian Basin in West Texas Wednesday and make a stop at the Double Eagle Energy in Midland, the White House announced. During his visit, the president will tour an oil rig and address how the U.S. has become a dominant energy power, from reducing regulation, expediting the approval of […]

Read More Trump to visit oil-rich Permian Basin to visit rig, talk energy | Fox Business
Featured

Crude Futures Range Bound; Demand Recovery Falters | By Liubov Georges , DTN Energy Reporter

WASHINGTON (DTN) — After trading in narrow ranges for most of the session, West Texas Intermediate crude futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange pushed higher late Monday afternoon, buoyed by a free fall in the U.S. dollar and prospects of a new massive stimulus bill set to […]

Read More Crude Futures Range Bound; Demand Recovery Falters | By Liubov Georges , DTN Energy Reporter
Featured

Digital Summit at Home | Everything + more.

Digital Summit at Home July, was magically able to achieve the same energy of pre-COVID live conferences for marketers during their 3-day online event. The interactive virtual conference gave each attendee a schedule of sessions lead by digital marketing experts and thought leaders. Each registered attendee had the opportunity to pick their stage and session […]

Read More Digital Summit at Home | Everything + more.
Featured

U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal

NEW YORK (Reuters) — A U.S. District Court on Monday ordered Energy Transfer LP to shut and empty the largest pipeline from the North Dakota shale oil fields within 30 days, in a big win for the Native American tribes who have fought the line’s route across a crucial water supply.  Energy Transfer’s 570,000 barrel-per-day […]

Read More U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal
Featured

Texans for Natural Gas flies banner over Midland-Odessa oilfields thanking oil and gas essential workers.

Texans for Natural Gas flies banner thanking all oil and gas essential workers for producing the energy and petroleum products that save lives! Did you know petroleum products are used all throughout healthcare? Well they absolutely are! Texans for Natural Gas, we think this was a great way to let the crews know…. that we […]

Read More Texans for Natural Gas flies banner over Midland-Odessa oilfields thanking oil and gas essential workers.
Featured

Energy companies share their actions to address COVID-19 – Midland Reporter-Telegram

Energy companies share their actions to address COVID-19 – Midland Reporter Telegram Energy companies were prepared for an activity boom. They were prepared for an activity bust. They were not prepared for a global pandemic that halted economic activity around the world. During the downturn, OTA Compression/OTA Environmental created a series of weekly webinars looking […]

Read More Energy companies share their actions to address COVID-19 – Midland Reporter-Telegram
Featured

R&D Pipe Company | National Association of Steel Pipe Distributors

The NASPD (National Association of Steel Pipe Distributors) is a national trade association representing the steel pipe and tubular products distribution industry and its related businesses. For over twenty years, the NASPD has provided a forum for pipe distribution companies and industry professionals to come together, learn, network, share concerns and provide thought leadership in […]

Read More R&D Pipe Company | National Association of Steel Pipe Distributors
Featured

Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case | Energy in Depth

Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case — Read on eidclimate.org/massachusetts-ag-files-amended-complaint-drops-claim-featured-in-failed-new-york-attorney-general-case/

Read More Massachusetts AG Files Amended Complaint, Drops Claim Featured in Failed New York Attorney General Case | Energy in Depth
Featured

COVID-19 Impact and Recovery Analysis- Oil Country Tubular Goods Market 2020-2024 | Increasing Investments in Upstream Activities to Boost Growth | Technavio | Business Wire

The Global Oil Country Tubular Goods Market will grow by USD 13.5 bn during 2020-2024 — Read on http://www.businesswire.com/news/home/20200610005490/en/COVID-19-Impact-Recovery-Analysis–Oil-Country-Tubular

Read More COVID-19 Impact and Recovery Analysis- Oil Country Tubular Goods Market 2020-2024 | Increasing Investments in Upstream Activities to Boost Growth | Technavio | Business Wire
Featured

Debt takes priority for US upstream independents |Argus Media

The long-anticipated “now-or-never” moment for debt-heavy US shale oil producers is upon them, with efforts to shore up balance sheets meeting mixed results. US independents’ ability to service their debt has gained top priority, as many, even those with stronger balance sheets, are borrowing more following the collapse in crude prices. Key Permian operator Pioneer […]

Read More Debt takes priority for US upstream independents |Argus Media
Featured

That’s a wrap! | The Oilfield Photographer’s Front Porch Permian Campaign benefitting Oilfield Helping Hands.

Happening now! This is exciting! More photos to come. THANK YOU Claire Heck from Inside Midland for sharing this in your stories! I sure wish I could be in Midland this morning for the official check presentation ceremony. It was Oil Country Media’s pleasure to help promote The Oilfield Photographer’s Front Porch Permian Campaign benefitting […]

Read More That’s a wrap! | The Oilfield Photographer’s Front Porch Permian Campaign benefitting Oilfield Helping Hands.
Featured

Energy Transfer weighs crude storage in idle pipelines | Argus Media

US midstream company Energy Transfer is weighing a plan to store crude in idle pipelines as shippers scramble to find available storage.  The company is looking for ways to idle two pipelines in Texas by “moving product around” and use them as storage space by mid-May, Energy Transfer told Argus today. The two lines would provide about […]

Read More Energy Transfer weighs crude storage in idle pipelines | Argus Media
Featured

Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg

(Bloomberg) — Crude prices in America’s oil capital are getting dangerously close to zero.Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. The slumping value of physical barrels — Read on finance.yahoo.com/news/texas-oil-2-barrel-raises-120000398.html

Read More Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg
Featured

Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business

Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that […]

Read More Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business
Featured

US Slaps Sanctions On Russian Oil Firm | Hart Energy

WASHINGTON—The United States on Feb. 18 ramped up pressure on Venezuela by blacklisting a subsidiary of Russian state oil major Rosneft that President Donald Trump’s administration said provides a financial lifeline to President Nicolas Maduro’s government. The U.S. Treasury Department imposed sanctions on Rosneft Trading SA, the Geneva-based trading unit of Rosneft, as Washington targeted […]

Read More US Slaps Sanctions On Russian Oil Firm | Hart Energy
Featured

Texas’ Biggest Oil And Gas Industry Group Accepts Role In Climate Change – Houston Public Media

Scientists have said for more than a century that emitting carbon dioxide by burning fossil fuels heats up Earth’s atmosphere. But, until recently, industry representatives and their political allies have avoided acknowledging the link publically. — Read on http://www.houstonpublicmedia.org/articles/news/energy-environment/2020/01/14/357367/texas-biggest-oil-and-gas-industry-group-accepts-role-in-climate-change/

Read More Texas’ Biggest Oil And Gas Industry Group Accepts Role In Climate Change – Houston Public Media
Featured

Oil up 1% at highest since September on trade pact and crude supplies – Reuters

Oil prices were up about 1% to the highest in more than three months on Thursday, boosted by hopes that the China-U.S. trade fight would soon come to an end and by a report showing lower U.S. crude inventories. — Read on http://www.reuters.com/article/us-global-oil/oil-up-1-at-highest-since-september-on-trade-pact-and-crude-supplies-idUSKBN1YU02M

Read More Oil up 1% at highest since September on trade pact and crude supplies – Reuters
Featured

Halliburton cuts hundreds of jobs in the Rockies – Houston Business Journal

The oil field services company is seeing reduced activity in its Rockies customers, so 650 people in Colorado, Wyoming, New Mexico and North Dakota were affected. However, the company is offering the majority of them the option to move to other operating areas where it’s expecting higher demand, according to a company statement. “Making this […]

Read More Halliburton cuts hundreds of jobs in the Rockies – Houston Business Journal
Featured

Study details Permian’s role in reserves growth – Midland Reporter-Telegram

A deep dive into the nation’s oil and gas reserves and production recently was undertaken by Ernst & Young LLP, looking at reserve disclosure information from 2014 through 2018. That period ranges from the triple-digit prices of early 2014 through the crash to near $30 a barrel in early 2016 and the price recovery since […]

Read More Study details Permian’s role in reserves growth – Midland Reporter-Telegram
Featured

$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production | OilPrice.com

Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco early Saturday morning, the kingdom’s interior ministry said, sparking a massive fire at a crude processing plat essential to global oil supplies. The closure will impact nearly 5 million barrels of crude processing per day, affecting 5 percent of the world’s […]

Read More $100 Oil? Drone Strikes Halt Half Of Saudi Crude Production | OilPrice.com
Featured

U.S. natural gas production reaches a new record despite low prices – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, according to estimates from IHS Markit. Natural gas production also set a new monthly record in August, averaging more than 91 Bcf/d for the first time. In the […]

Read More U.S. natural gas production reaches a new record despite low prices – Today in Energy – U.S. Energy Information Administration (EIA)
Featured

Big Oil evacuates Gulf platforms as disturbance strengthens – Houston Chronicle

The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season’s first major storm in the area. The potential hurricane, which would be named Barry if it continues to strengthen, is expected to travel westward along the Gulf […]

Read More Big Oil evacuates Gulf platforms as disturbance strengthens – Houston Chronicle
Featured

Global energy investment steadies at $1.85 trillion after three-year fall – IEA – Reuters

Global energy investment steadied at nearly $1.85 trillion (£1.43 trillion) last year after three years of decline, with slowing energy efficiency and renewables spending offset by increases in oil, gas and coal, the International Energy Agency said. — Read on http://www.reuters.com/article/uk-iea-energy-investment/global-energy-investment-steadies-at-1-85-trillion-after-three-year-fall-iea-idUKKCN1SJ2F8

Read More Global energy investment steadies at $1.85 trillion after three-year fall – IEA – Reuters
Featured

The number of drilled but uncompleted wells in the United States continues to climb – Today in Energy – U.S. Energy Information Administration (EIA)

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019, according to well counts in EIA’s Drilling Productivity Report (DPR). The most recent count, at 8,500 wells in March […]

Read More The number of drilled but uncompleted wells in the United States continues to climb – Today in Energy – U.S. Energy Information Administration (EIA)
Featured

Bank of Buffett Drops $10 Billion Bomb Into Anadarko Battle

In a stunning escalation of the two-week-old contest for Anadarko, Buffett’s Berkshire Hathaway Inc. on Tuesday disclosed plans to inject $10 billion into Occidental in exchange for preferred stock and warrants. The bombshell landed in the midst of Anadarko board deliberations about whether Occidental — Read on finance.yahoo.com/news/bank-buffett-drops-10-billion-151622861.html

Read More Bank of Buffett Drops $10 Billion Bomb Into Anadarko Battle
Featured

Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com

Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com — Read on http://www.nola.com/environment/2019/04/oil-export-terminal-next-to-proposed-mid-barataria-sediment-diversion-gets-states-initial-ok.html

Read More Oil export terminal next to proposed Mid-Barataria Sediment Diversion gets state’s initial OK – nola.com
Featured

Exclusive: Pipeline operator Noble Midstream Partners up for sale – sources – Reuters

NEW YORK (Reuters) – Noble Midstream Partners LP, a pipeline operator controlled by U.S. oil and gas exploration and production company Noble Energy Inc, is up for sale, people familiar with the matter said on Thursday.  The decision to seek to sell Noble Midstream Partners comes at a time when oil and gas companies are […]

Read More Exclusive: Pipeline operator Noble Midstream Partners up for sale – sources – Reuters
Featured

This Legendary Shale Basin Just Broke Its 2011 Production Record | OilPrice.com

The Haynesville Shale in northeastern Texas and Louisiana is producing 10.522 billion cubic feet per day of natural gas this month, effectively breaking its 2011 production record — Read on oilprice.com/Energy/Natural-Gas/This-Legendary-Shale-Basin-Just-Broke-Its-2011-Production-Record.html

Read More This Legendary Shale Basin Just Broke Its 2011 Production Record | OilPrice.com
Featured

TEAL project second phase ready for full in-service, Enbridge tells regulators | S&P Global Platts

Enbridge asked US regulators on Tuesday to place in service the remaining facilities on the second phase of its Texas Eastern Appalachian Lease project, an expansion that is designed to increase acces — Read on http://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/041619-teal-project-second-phase-ready-for-full-in-service-enbridge-tells-regulators

Read More TEAL project second phase ready for full in-service, Enbridge tells regulators | S&P Global Platts
Featured

U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970 – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970 – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.php

Read More U.S. crude oil production grew 17% in 2018, surpassing the previous record in 1970 – Today in Energy – U.S. Energy Information Administration (EIA)
Featured

Oil drifts lower in choppy trade after unexpected jump in U.S. crude inventories – MarketWatch

Oil futures saw choppy trade Wednesday after data showed a larger-than-expected jump in U.S. crude inventories. The Energy Information Administration said crude inventories rose 7.2 million barrels to 449.5 million barrels in the week ended March 29, leaving them at the five-year average. Analysts surveyed by S&P Global Platts had produced a consensus forecast for […]

Read More Oil drifts lower in choppy trade after unexpected jump in U.S. crude inventories – MarketWatch
Featured

Value Of U.S. Oil & Gas M&A Deal Sinks To 10-Year Low In Q1 | OilPrice.com

The total value of oil and gas mergers and acquisitions (M&A) deals in the U.S. in the first quarter slumped to its lowest level in ten years as the deals market failed to recover from the oil price and equities slump in Q4 — Read on oilprice.com/Latest-Energy-News/World-News/Value-Of-US-Oil-Gas-MA-Deal-Sinks-To-10-Year-Low-In-Q1.html

Read More Value Of U.S. Oil & Gas M&A Deal Sinks To 10-Year Low In Q1 | OilPrice.com
Featured

How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times

Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now the world’s second most productive. MIDLAND, Tex. — In a global collapse of oil prices five years ago, scores of American oil companies went bankrupt. But one field withstood the onslaught, and even […]

Read More How a ‘Monster’ Texas Oil Field Made the U.S. a Star in the World Market – The New York Times
Featured

Market Solution: New Pipeline Capacity Dwarfs Flared Gas Volumes in the Permian

Texans for Natural Gas The proposed pipeline capacity expected to come online in the Permian Basin over the next three years is vastly greater than the estimated volumes of flared gas, according to a Texans for Natural Gas analysis. Recent media reports have called attention to flaring levels in the Permian as production has increased, with one environmental […]

Read More Market Solution: New Pipeline Capacity Dwarfs Flared Gas Volumes in the Permian
Featured

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch — Read on http://www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-show-a-surprise-decline-in-us-crude-supplies-2019-02-26

Read More Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch
Featured

The Oil And Gas Situation: Is A Train Wreck Around The Corner?

Sooner or later, Russia, Saudi Arabia and the other party nations to the OPEC-Plus export limitations agreement are going to exhaust their running room for additional cuts. When that happens, the U.S. shale boom will probably come to a rapid halt. — Read on http://www.forbes.com/sites/davidblackmon/2019/02/22/the-oil-and-gas-situation-is-a-train-wreck-around-the-corner/amp/

Read More The Oil And Gas Situation: Is A Train Wreck Around The Corner?
Featured

Midland crushes nation in creating new jobs – HoustonChronicle.com

Midland led the nation in job growth, with employment in the West Texas county surging by nearly 12 percent — more than seven times the national average, the Labor Department reported Wednesday. — Read on http://www.houstonchronicle.com/business/energy/article/Midland-crushes-nation-in-creating-new-jobs-13632304.php

Read More Midland crushes nation in creating new jobs – HoustonChronicle.com
Featured

Tunable technology improves operational efficiency in the Eagle Ford

Tunable technology improves operational efficiency in the Eagle Ford A case study performed in the Eagle Ford has proven that tunable technology can help achieve greater efficiency gains in developing unconventional reservoirs. January 2019 /// Vol 240 No. 1 Special Focus Jeff Long, Dan Fu, Christine De Sario, BJ Services As the development of unconventional reservoirs […]

Read More Tunable technology improves operational efficiency in the Eagle Ford
Featured

December jobs report shows modest growth in Alaska’s oil and gas industry

Alaska has been in a recession for the better part of three years, and the state’s unemployment rate is the highest in the nation right now at 6.3 percent. Many sectors of the economy have been shedding jobs, but there are some signs that the losses are slowing. The state’s Department of Labor and Workforce Development released […]

Read More December jobs report shows modest growth in Alaska’s oil and gas industry
Featured

Oil Hits 2-Month High as China Truce Signals Brighter Outlook

Futures climbed 3.3 percent in New York to cap the third straight weekly increase. Bloomberg News reported China proposed a six-year shopping binge for American goods, diminishing concerns about a brake on economic growth. Meanwhile, U.S. factory output expanded by the most in 10 months and the International — Read on finance.yahoo.com/news/oil-set-longest-weekly-rally-083509289.html

Read More Oil Hits 2-Month High as China Truce Signals Brighter Outlook
Featured

U.S. liquefied natural gas export capacity to more than double by the end of 2019 – Today in Energy – U.S. Energy Information Administration (EIA)

EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world behind Australia and Qatar. Currently, U.S. LNG export capacity stands at 3.6 Bcf/d, and it is expected to end the year at 4.9 […]

Read More U.S. liquefied natural gas export capacity to more than double by the end of 2019 – Today in Energy – U.S. Energy Information Administration (EIA)
Featured

U.S. natural gas exports to Mexico hit new record – Houston Chronicle

U.S. natural gas exports to Mexico hit a new record amid sagging production south of the border. Mexico imported about 6 billion cubic feet of natural per day from the United States in August, the U.S. Energy Information Administration reported late Thursday afternoon. — Read on m.chron.com/business/energy/article/U-S-natural-gas-exports-to-Mexico-hit-new-record-13432621.php

Read More U.S. natural gas exports to Mexico hit new record – Houston Chronicle
Featured

Keystone XL pipeline builder asks judge to allow some work

HELENA, Mont. (AP) — The company that wants to build the Keystone XL pipeline is asking a judge to change his order blocking the project to allow pre-construction work to continue, such as purchasing materials and finalizing contracts. Attorneys for the company will argue in a Wednesday telephone conference that U.S. District Judge Brian Morris […]

Read More Keystone XL pipeline builder asks judge to allow some work
Featured

U.S. could become net exporter of petroleum by 2022 – ExpressNews.com

The United States could become a net exporter of petroleum in less than five years, the first time the country would achieve such a feat since at least 1949, according to a new report. The shift from importer to exporter is driven by the surge in U.S. oil production that has followed the unlocking of […]

Read More U.S. could become net exporter of petroleum by 2022 – ExpressNews.com
Featured

House Dems demand records on Trump’s climate rollbacks | TheHill

Leading House Democrats, weeks away from taking over the majority in the lower chamber, are demanding records and information from the Trump administration’s rollbacks of numerous climate change policies at the Environmental Protection Agency (EPA — Read on thehill.com/policy/energy-environment/417615-house-dems-probe-trumps-climate-rollbacks

Read More House Dems demand records on Trump’s climate rollbacks | TheHill
Featured

Exclusive: U.S. shale firms offer $100 million to aid Texas, New Mexico | Reuters

HOUSTON (Reuters) – More than a dozen top U.S. energy companies have pledged $100 million toward easing stresses on health care, education and civic infrastructure from the shale oil and gas boom in West Texas and New Mexico, the group said on Sunday.  Chevron, EOG Resources, Exxon Mobil and Royal Dutch Shell are among 17 […]

Read More Exclusive: U.S. shale firms offer $100 million to aid Texas, New Mexico | Reuters
Featured

U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters

If OPEC thought the 26 percent drop in oil prices since October might rein in U.S. shale production like the last sharp drop did four years ago, it might have to think again.  U.S. shale firms are more profitable than ever after a strong third quarter, according to a Reuters analysis of results for 32 […]

Read More U.S. shale surge boosts industry finances, puts deals in spotlight | Reuters
Featured

U.S. pipeline operators reap hefty profits from bottlenecks in Texas | Reuters

Some of the biggest pipeline operators in the United States have supercharged earnings this year by buying deeply discounted shale in West Texas oilfields and selling it at a premium at Gulf Coast ports. — Read on http://www.reuters.com/article/usa-crude-pipelines/u-s-pipeline-operators-reap-hefty-profits-from-bottlenecks-in-texas-idUSL2N1XI2E3

Read More U.S. pipeline operators reap hefty profits from bottlenecks in Texas | Reuters
Featured

Enbridge puts Tex-Mex Valley Crossing natgas pipe into service | Reuters

(Reuters) – Enbridge Inc (ENB.TO) said on Friday its $1.6 billion Valley Crossing natural gas pipeline from Texas to Mexico entered service on Oct. 31. The 165-mile (266-km) Valley Crossing project is designed to carry up to 2.6 billion cubic feet per day (bcfd) of gas from Texas to help Mexico meet growing demand for […]

Read More Enbridge puts Tex-Mex Valley Crossing natgas pipe into service | Reuters
Featured

Happy 10th Anniversary To The Eagle Ford Shale | Forbes

On Friday, Secretary of Energy and former Texas Governor Rick Perry traveled to San Antonio to participate in the Shale-a-Thon, the celebration of the 10th anniversary of the completion of the first successful horizontal oil well into the Eagle Ford Shale formation.  That first well, drilled by Petrohawk Energy (later acquired by BHP Billiton), was announced on […]

Read More Happy 10th Anniversary To The Eagle Ford Shale | Forbes
Featured

Episode 76 – Permian turns focus to pipeline capacity | Amber Voithofer with PetroValues

Episode 76 – Permian turns focus to pipeline capacity | Amber Voithofer with PetroValues Follow Petrovalues #petrovalues Twitter: Twitter.com/petrovalues Instagram: @petrovalues Facebook: Facebook.com/petrovalues Blog: blog.petrovalues.com Website: petrovalues.com   Amber Voithofer, P.E., Account Executive at Petrovalues was a guest on the Texas Oil & Gas Podcast with Ryan Ray on September 7, 2018. Amber is a Professional Petroleum […]

Read More Episode 76 – Permian turns focus to pipeline capacity | Amber Voithofer with PetroValues
Featured

20 Hole Golf & Sporting Clay Event : Texas Oil Group

20 Hole Golf & Sporting Clay Event – There will be companies of all sizes looking to hire and give advice to Veterans looking to work in lucrative oilfield industry. Donations will be made to the Veteran Success Resource Group, a 501(c)(3) nonprofit organization dedicated to providing professional and personal resources for Veterans and their […]

Read More 20 Hole Golf & Sporting Clay Event : Texas Oil Group
Featured

Recap: Getting Veterans Jobs in the Oil and Gas Industry | OutPut By Rig Lynx – OutPut

Josh Shelton and Ryan Ray from the Texas Oil and Gas Podcast have a chat with Greg Purvis with Texas Oil Group on getting US Veterans to work in the Oil and Gas industry Ryan- Greg glad to have you on the show, how’s it going? Greg- Hey, appreciate it, doing well thank you very […]

Read More Recap: Getting Veterans Jobs in the Oil and Gas Industry | OutPut By Rig Lynx – OutPut
Featured

Episode 72 – TIPRO wants tariffs removed | Trent Jacobs Digital Editor at Society of Petroleum Engineers International | Texas Oil and Gas Podcast | Spreaker

Ryan Ray – Listen in to popular podcasts and radio shows from around the world or start your own… — Read on http://www.spreaker.com/user/ryanraysr/texas-oil-and-gas-podcast-episode-72

Read More Episode 72 – TIPRO wants tariffs removed | Trent Jacobs Digital Editor at Society of Petroleum Engineers International | Texas Oil and Gas Podcast | Spreaker
Featured

DUG Executive 2018

The first DUG Executive conference was held in Houston, Texas at the Hilton’s of America on February 26, 2018. This conference was an intimate networking opportunity for Oil and Gas professionals. You don’t want to miss Hart Energy’s keynote speakers that offer elite industry insight with relatable takeaways. The intimate nature of this event offered […]

Read More DUG Executive 2018
Featured

Texas Oil and Gas Podcast with Jimmy Fortuna from Drillinginfo | Oil Country Media

This week on the Texas Oil and Gas Podcast we have a special guest Jimmy Fortuna join us. Jimmy is the Senior Vice President for Products with Drillinginfo. Drillinginfo is leveraging Big Data to pursue higher efficiency for Oil and Gas Producers. They also just acquired a Pattern Recognition Technology toward the end of 2018.  […]

Read More Texas Oil and Gas Podcast with Jimmy Fortuna from Drillinginfo | Oil Country Media
Featured

NASPD –  2017 Fall Conference |  #kristenoctg  #texasoil  tubular goods 

National Association of Steel Pipe Distributors #NASPD 2017 Fall Conference October 19 – October 20 JW Marriott Austin 110 E 2nd St. Austin, TX 78701 ​ Speaker Presentations: – Kim Leppold, Metal Bulletin Research, “State of the Steel Industry and the Effect on Tube and Pipe Markets” – Jim Mele, Editor Emeritus, Fleet Owner, “Trucking […]

Read More NASPD –  2017 Fall Conference |  #kristenoctg  #texasoil  tubular goods 

Oil companies idle production as U.S. Gulf Coast braces for hurricane | Reuters

HOUSTON (Reuters) – Offshore platforms and one refinery along the U.S. Gulf Coast shut down on Sunday as they prepared for a second hurricane strike in less than a month. Phillips 66 PSX.N began shutting its 255,600 barrel-per-day (bpd) Alliance, Louisiana, refinery as Tropical Storm Sally was forecast to pass just west of the plant, 24 miles […]

Read More Oil companies idle production as U.S. Gulf Coast braces for hurricane | Reuters

New Analysis Shows Gulf Coast States Among Hardest Hit by Proposal to Ban Federal Leasing and Offshore Development – TXOGA

Ban Would Jeopardize Over 200,000 Gulf Coast Jobs, Millions in Revenue for States September 9, 2020 AUSTIN – The Texas Oil and Gas Association (TXOGA), Louisiana Mid-Continent Oil and Gas Association (LMOGA) and the American Petroleum Institute (API) today released a new analysis warning of negative consequences from a proposed ban on federal leasing on natural […]

Read More New Analysis Shows Gulf Coast States Among Hardest Hit by Proposal to Ban Federal Leasing and Offshore Development – TXOGA

Hurricane Laura has minimal impact on Calcasieu Pass LNG – Offshore Energy

The company noted that the hurricane made landfall in Louisiana early in the morning of Thursday, August 27, and passed directly over the project site. A walk-through inspection of most areas of the site following the storm confirmed that the project site’s robust storm protection system, including a perimeter wall and storm water pumping system, […]

Read More Hurricane Laura has minimal impact on Calcasieu Pass LNG – Offshore Energy