Building During the Downturn
An amazing opportunity has presented itself. With oil maintaining its low price, many are forming new teams, new plans and new companies. Some of these...
Oilman May-June 2016
ExxonMobil Contributes $2.4 Million to Higher Ed in 2015
ExxonMobil, along with its employees, contributed over $2.4 million to higher education institutions across Louisiana through the ExxonMobil Foundation’s 2015 Educational Matching Gift Program. Throughout...
Goodrich Files for Bankruptcy
Goodrich Petroleum Corp., one of the most active companies drilling in the Tuscaloosa Marine Shale formation in Louisiana, has filed for bankruptcy. On Apr. 15,...
Grassroots Campaign Launched to Restrict Imports
The Panhandle Producers and Royalty Owners Association in partnership with other oil and natural gas supporters launched a grassroots campaign this week aimed at limiting...
Budget Problems Abound in the Oilfield
While lawmakers in Oklahoma work to fill the $1.3 billion hole in the state’s budget for next year, Moody’s Investors Service released reports on several...
Obama Administration Releases Final Rules on Offshore Drilling
On Apr. 14, the Obama Administration released a final set of rules on offshore drilling that are geared toward preventing an explosion similar to the...
Halliburton – Baker Hughes Merger Derailed Again
On Wednesday, the proposed merger of the No. 2 and No. 3 oilfield services firms was derailed again by the U.S. Department of Justice (DOJ),...
USGS Report: 7 Million Americans at Risk of Experiencing Seismic Events
The U.S. Geological Survey (USGS) on Monday released a report on seismic activity to update the agency’s 50-year seismicity projections. This forecast is updated every...
North Texas Exploration & Production Safety Network Resurrected
Officials from the Occupational Safety and Health Administration (OSHA) along with representatives from the North Texas Exploration & Production Safety Network (NTEPS) participated in a...