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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.

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Managing Editor, News | Houston, TX

@CarolynLDavisME

email carolyn.davis@naturalgasintel.com

Schlumberger Weighing Whether to Shutter Some U.S. Ops or Wait Out Downturn

Schlumberger Ltd., the No. 1 oilfield services operator on the planet, eliminated more than 8,000 people from its workforce between January and March, but the sour business environment may take even more jobs before the end of June, CEO Paal Kibsgaard said Friday.

April 22, 2016

ExxonMobil Ramps Up NatGas Production at Alaska’s Point Thomson

ExxonMobil Corp. said Friday it has started up production at Point Thomson, the first company-operated project on Alaska’s North Slope, where initial output is expected to be 5,000 b/d of condensate and 100 MMcf/d of natural gas.

April 22, 2016

E&P Investments Not Matching Growing Demand, Says Schlumberger CEO

No. 1 oilfield services operator Schlumberger Ltd. laid off another 8,000 people in the first quarter, with more job cuts likely to happen before the end of June, CEO Paal Kibsgaard said Friday.

April 22, 2016

U.S. NatGas, Oil Dealmaking Sluggish as ‘Valuation Gaps’ Hinder Sales

Last year was the slowest in eight years for dealmaking in the U.S. natural gas and oil patch, and tepid sales activity continued through the first quarter, according to researchers.

April 21, 2016
Basic Energy Standing Ready For Onshore Uptick

Basic Energy Standing Ready For Onshore Uptick

Expectations that maintenance projects that were deferred in the U.S. onshore last year would resume early in 2016 haven’t panned out as expected, Basic Energy Services Inc. CEO Roe Patterson said Thursday. However, production-related activities “appeared to have stabilized” in March, and there’s optimism, however slight, that work is improving steadily.

April 21, 2016

No Gain, More Pain Forecast For OFS Sector

As first quarter results are unveiled, expect to hear more hardship from the oilfield services (OFS) sector, energy analysts said.

April 21, 2016

U.S. NatGas, Oil Dealmaking Sluggish as ‘Valuation Gaps’ Hinder Sales

Last year was the slowest in eight years for dealmaking in the U.S. natural gas and oil patch, and tepid sales activity continued through the first quarter, according to researchers.

April 21, 2016
Basic Energy Standing Ready For Onshore Uptick

Basic Energy Standing Ready For Onshore Uptick

Expectations that maintenance projects that were deferred in the U.S. onshore last year would resume early in 2016 haven’t panned out as expected, Basic Energy Services Inc. CEO Roe Patterson said Thursday. However, production-related activities “appeared to have stabilized” in March, and there’s optimism, however slight, that work is improving steadily.

April 21, 2016

No Gain, More Pain Forecast For OFS Sector

As first quarter results are unveiled, expect to hear more hardship from the oilfield services (OFS) sector, energy analysts said.

April 21, 2016
White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon

White Star Doubles Down in Northern Oklahoma in $200M Deal with Devon

Devon Energy Corp. is taking $200 million for a package of Mississippian Lime/Woodford Shale assets in a sale to White Star Petroleum LLC, the newly renamed American Energy-Woodford LLC business founded by the late Aubrey McClendon.

April 20, 2016