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Carolyn Davis

Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.

Natural Gas Flowing from Chevron’s Alen Project Offshore Equatorial Guinea

Natural Gas Flowing from Chevron’s Alen Project Offshore Equatorial Guinea

The Alen Gas Monetization Project offshore Equatorial Guinea, with capacity to move 930 MMcfe/d, has achieved its first natural gas flows, Chevron Corp. said Friday. The project, overseen by Chevron’s Noble Energy EG Ltd., runs 70 kilometers (43.5 miles) from the field in the Douala Basin. Processing is done at existing onshore facilities, maximizing how…

February 26, 2021
EOG Digging for Natural Gas Gold in South Texas, while Focusing on ‘Double-Premium’ Lower 48 Oil Wells

EOG Digging for Natural Gas Gold in South Texas, while Focusing on ‘Double-Premium’ Lower 48 Oil Wells

The Dorado, a stacked play in South Texas where EOG Resources Inc. has amassed a 163,000 net acre leasehold, may be a lock to build the Houston independent’s natural gas market credentials, the executive team said Friday. The formation, which runs through the Austin Chalk and Eagle Ford Shale, has an estimated 21 Tcf net…

February 26, 2021
Oxy, Partners Take Another Step to Advance Permian Carbon Capture Project

Oxy, Partners Take Another Step to Advance Permian Carbon Capture Project

Occidental Petroleum Corp.’s vision to yank carbon emissions from the atmosphere in its top development, the Permian Basin, took a giant step forward Tuesday with the first engineering phase given the green light. Australia’s Worley Ltd. was awarded the front-end engineering and design (FEED) for the first of four phases of the direct air capture…

February 26, 2021
Shell Forecasts Rising LNG Demand as Global Economies Recover, with Supply Shortfall Looming

Shell Forecasts Rising LNG Demand as Global Economies Recover, with Supply Shortfall Looming

Royal Dutch Shell plc, one of the leading natural gas traders in the world, said Thursday consumption held steady in 2020 despite Covid-19 and is on course to expand as economies recover. However, a dearth in sanctioned projects is forecast to create a supply gap.  According to Shell’s annual global liquefied natural gas (LNG) trade…

February 25, 2021
Apache Planning ‘Very Modest’ Uptick in Lower 48’s Alpine High, Austin Chalk

Apache Planning ‘Very Modest’ Uptick in Lower 48’s Alpine High, Austin Chalk

Houston-based Apache Corp. on Thursday signaled it will boost upstream capital spending this year by 11% to $1.1 billion over 2020, but most of the funds are earmarked for overseas, not in the Lower 48. The decision to hike capital expenditures (capex) comes after the 4Q2020 results provided “a positive conclusion to a challenging year,”…

February 25, 2021
Pioneer Natural’s Permian Production Slightly Dented by Icy Blast in Texas

Pioneer Natural’s Permian Production Slightly Dented by Icy Blast in Texas

The harsh winter weather encountered in Texas last week took a bite out of Permian Basin giant Pioneer Natural Resources Co.’s oil production, but the company should make up the loss and more in 2021, CEO Scott Sheffield said Wednesday. The winter storm last week knocked out about 30,000 b/d of oil output, but most…

February 24, 2021
ERCOT Chair, Four Directors Resigning to ‘Eliminate Distractions’

ERCOT Chair, Four Directors Resigning to ‘Eliminate Distractions’

Five board members of the Electric Reliability Council of Texas, or ERCOT, which manages most of the electric grid of the state, were expected to step down Wednesday. The board has come under withering criticism after a freezing winter storm last week that killed dozens and left more than 4.5 million customers without power, some…

February 24, 2021
Diamondback CEO Says Texas Storm Knocked Out Multiple Days of Permian Production

Diamondback CEO Says Texas Storm Knocked Out Multiple Days of Permian Production

Permian Basin pure-play Diamondback Energy Inc.’s oil production is almost back to levels before Texas was stopped in its tracks by last week’s wintry blast, but it will take some time to make up the difference, CEO Travis Stice said Tuesday. Speaking during the fourth quarter conference call, Stice told analysts that Permian oil output…

February 23, 2021
Devon All In on Permian Delaware, with Most Capital, Rigs Set for New Mexico, Texas

Devon All In on Permian Delaware, with Most Capital, Rigs Set for New Mexico, Texas

The Permian Basin will be the go-to target for Devon Energy Corp. this year, with 80% of this year’s capital budget and nearly all of the rigs directed to the massive formation.  The Oklahoma City-based independent issued its legacy fourth quarter and full-year results last week. Results from WPX Energy Inc., which completed its merger…

February 23, 2021
Dominion Cleaning by Greening, but Natural Gas Not a Goner

Dominion Cleaning by Greening, but Natural Gas Not a Goner

Dominion Energy isn’t throwing out the old (fossil fuels generation) for the new (zero-carbon investments) but the executive team is mounting what may be the industry’s largest regulated decarbonization investment ever. Executive Chairman Tom Farrell, CEO Bob Blue and CFO Jim Chapman shared a microphone earlier this month to discuss fourth quarter and full-year 2020…

February 23, 2021
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