Krewe Energy Acquires Multiple Interests in Southern Louisiana
Krewe Energy, LLC, a Covington, La.-based independent oil and gas exploration company has completed a 100% acquisition of Castex Energy’s interest in the Lapeyrouse Field,...
Articles
IssueM Articles
Oklahoma-based Devon Energy Announces Plans for Layoffs Amid Energy Downturn
Devon Energy announced plans to layoff workers in the coming months. The company’s CEO Dave Hager made the announcement during an employee town hall meeting...
Saudi Arabia Considers Listing State-owned Aramco Shares Amid Oil Price Slump
With an estimated worth of more than $10 trillion, state-owned Saudi Armco, considered the most valuable company in the world, is contemplating listing shares as...
Freely Traded US Crude Sets Sail from Texas Port
Just two weeks after the U.S. government lifted the 40-year-old oil export ban, ConocoPhillips and NuStar Energy LP set sail to the first tanker containing...
Oklahoma Corporation Commission Reacts to Large Earthquakes
The Oklahoma Corporation Commission’s Oil and Gas Conservation Division (OGCD) has called for disposal wells injecting into the Arbuckle formation to curtail operations in reaction...
USGS Increases Assessment of Barnett Shale Gas Resource by 26.8 Trillion Cubic Feet
The U.S. Geological Survey (USGS) recently increased its assessment of the undiscovered, technically recoverable shale gas resource in the Mississippian Barnett Shale by 26.8 trillion...
Hurry up n’ wait
Letter from the Publisher The price of oil has been like a bad business partner who’s been on vacation all year. At 10 year lows...
Working the Tongs, West Texas – 1930s
Long before the gas flows from the pump to the car the process of drilling for it has to start. Men made of steel willing...
Foggy Morning Procession Towards the Drilling Site… 1950s
If you hunt, fish or drill for oil in the state of Louisiana you probably are going to do it in or close to...
Terror Risk Will Be Growing Issue for Oil Markets, IHS Says
Geopolitical and terror risk is likely to be a growing issue for oil markets over the next several years, Jamie Webster, senior energy director for...