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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.

Colorado Governor’s Call for Energy Industry Collaboration Praised by PDC

Colorado Governor’s Call for Energy Industry Collaboration Praised by PDC

Colorado’s natural gas and oil industry has faced pressure from all sides in recent years, reviled by landowners and litigated by environmental groups, but Gov. Jared Polis has shown he can compromise, PDC Energy Inc. executives said last week. CEO Bart Brookman discussed second quarter results in a wide ranging conference call that hit on…

August 10, 2020
GOM E&P Giant Fieldwood Plans ‘Comprehensive Restructuring’ in Chapter 11 Filing

GOM E&P Giant Fieldwood Plans ‘Comprehensive Restructuring’ in Chapter 11 Filing

Houston-based Fieldwood Energy LLC and its affiliates are seeking relief under Chapter 11, joining the growing list of U.S. oil and gas operators squeezed by the devastating impact of Covid-19. The Gulf of Mexico (GOM) giant, a portfolio company of private equity (PE) giant Riverstone Holdings LLC, was formed in 2013. A “comprehensive restructuring” is…

August 7, 2020
Comstock Looking to Grab Natural Gas Price Advantage from Haynesville This Winter

Comstock Looking to Grab Natural Gas Price Advantage from Haynesville This Winter

Haynesville Shale giant Comstock Resources Inc. is changing its tune. After adopting a moratorium on bringing new wells online in the natural gas-rich play from April through June, some completion activity has now resumed in anticipation of a bump in prices this winter. CEO Jay Allison, during a conference call to discuss 2Q2020 results, said…

August 7, 2020
NOAA Now Predicting Record Atlantic Storm Season, with Up to 11 Hurricanes

NOAA Now Predicting Record Atlantic Storm Season, with Up to 11 Hurricanes

Atmospheric and oceanic conditions are primed to fuel an “extremely active” storm season in the Atlantic, with the potential to be one of the busiest on record, forecasters with the National Oceanic Atmospheric Administration (NOAA) said Thursday. NOAA’s Climate Prediction Center (CPC), a division of the National Weather Service, every August provides an Atlantic hurricane…

August 6, 2020
FERC’s McNamee Intends to Step Down in Early September

FERC’s McNamee Intends to Step Down in Early September

Bernard L. McNamee, who earlier this year said he did not plan to seek another term at FERC, said Wednesday he intends to step down on Sept. 4. McNamee in January had indicated he would step down from the Federal Energy Regulatory Commission at the end of his term, which expired June 30.  “Since I…

August 6, 2020
Lower 48 ‘Remains Core’ to BP’s Business, but Higher Prices Said Key to Boosting Activity

Lower 48 ‘Remains Core’ to BP’s Business, but Higher Prices Said Key to Boosting Activity

The Lower 48 oil and natural gas business that BP plc carved out under a separate umbrella took a tumble in the second quarter, with the rig count falling from 13 working during the first three months of the year to only one at the end of June. The primary production focus of Denver-based BPX…

August 6, 2020
Texas RRC Eyeing E&P Incentives, Reduced Time to Flare/Vent Natural Gas

Texas RRC Eyeing E&P Incentives, Reduced Time to Flare/Vent Natural Gas

Texas oil and gas regulators are looking for ways to reduce natural gas flaring, a particular problem  in the Permian Basin, by providing incentives and requiring operators to justify why they need exemptions. Draft rules were approved Tuesday by the three-member Railroad Commission (RRC), and will now undergo a 30-day comment period. Chairman Wayne Christian…

August 5, 2020
Devon Raises Lower 48 Oil Production Outlook, Accelerates Barnett Sale for Special Dividend

Devon Raises Lower 48 Oil Production Outlook, Accelerates Barnett Sale for Special Dividend

Lower 48 stalwart Devon Energy Corp. is working with fewer rigs and completion crews across its four core holdings in the Lower 48, but stronger oil production still is in sight for the year, along with a special dividend payment from former natural gas juggernaut, the Barnett Shale. CEO Dave Hager led a conference call…

August 5, 2020
BP Looking Beyond Petroleum — Again — as Low-Carbon Opportunities Beckon

BP Looking Beyond Petroleum — Again — as Low-Carbon Opportunities Beckon

BP plc turned the investor world on its head Tuesday with a revamped strategy to slash oil and natural gas production while pouring billions into low-carbon investments. CEO Bernard Looney, during a lengthy conference call with top executives, further outlined the strategy that he had first unveiled in February, to put the company on a…

August 4, 2020
Offshore Driller Noble Files for Chapter 11 as Covid Claims Yet Another Energy Operator

Offshore Driller Noble Files for Chapter 11 as Covid Claims Yet Another Energy Operator

Noble Corp. plc, one of the top offshore drilling rig experts in the world, has secured a restructuring support agreement to eliminate all bond debt and reorganize via Chapter 11. Subsidiaries of the London-based operator filed Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas in Houston. The company expects…

August 3, 2020
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