Texas O&G Activity Increases for Second Straight Month
The Texas Alliance of Energy Producers released its January Texas Petro Index (TPI) on March 7. The group, which represents the interests of the O&G...
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Senator Ted Cruz’s Endorsement for the Oil and Gas Industry is Timely
Houston-based land-contract drilling services provider Scandrill hosted an official visit by U.S. Senator Ted Cruz (R), on Monday, February 20, 2017. The purpose of the...
Appeals Court Rules in Favor of Oil and Gas Companies in Louisiana Case
On March 3, a federal appeals court affirmed a district court’s decision to dismiss a case alleging that oil and gas companies were responsible for...
Federal Government Overreach Attacked On Many Fronts
The President, Congress, and the Texas Legislature all have been very active in implementing executive orders, legislation, resolutions, and letters to reduce the federal government’s...
International O&G Leaders Gather for CERAWeek
IHS Markit, a data analysis company, is hosting its 36th annual week-long conference in Houston, Texas starting on March 6th. According to the event’s website,...
Stone Energy Corporation Completes Restructures after Bankruptcy
Lafayette, Louisiana-based Stone Energy Corporation announced on February 28 that it had successfully completed the requirements for emerging from their chapter 11 financial reorganization. The...
OPEC Compliance Boosts Oil Price
The financial stress caused by lowered oil prices seems to have prompted compliance on the part of OPEC. OPEC previously agreed to cut oil production...
The Bakken is Poised to Boom Again
The Bakken is back in business after the first month of the new year. With newly inaugurated President Trump at the helm of the nation,...
Eagle Ford Assets Transfer Changes the Game for Companies Big and Small
The biggest shake up in the Eagle Ford Shale Basin was the announcement that Woodlands-based Anadarko Petroleum will sell its Eagle Ford assets for $2.3...
Tax-Free Gas Extraction in Pennsylvania May Come to An End
Pennsylvania has been good to natural gas producers, as it is the only state in the country that does not currently tax its gas drilling...