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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

BNP Finding ‘Shoulder to Lean On’ for Natural Gas

Natural gas prices normally record their seasonal lows in the second half of the injection season, but prices this year may have bottomed out at the start — setting in motion support as withdrawal season nears, according to BNP Paribas.

August 19, 2015

Shoulder Season Demand Likely to Avert Seasonal Price Collapse, BNP Says

Natural gas prices normally record their seasonal lows in the second half of the injection season, but prices this year may have bottomed out at the start — setting in motion support as withdrawal season nears, according to BNP Paribas.

August 19, 2015

Shell Approved to Drill Deeper at One Chukchi Prospect

Royal Dutch Shell plc on Monday was given the green light by federal regulators that allows it to drill deeper at one prospect offshore Alaska.

August 18, 2015

Senate Democrats Urge SEC to Impose More Transparency About Possible Offshore Drilling Threats

Twelve Senate Democrats on Tuesday called on the Securities and Exchange Commission (SEC) to require more transparency from exploration and production companies concerning “real and potential threats” that offshore oil and natural gas drilling poses.

August 18, 2015
Hercules, Now in Chapter 11, Expects ‘Tough’ GOM Market Through 2015

Hercules, Now in Chapter 11, Expects ‘Tough’ GOM Market Through 2015

More bankruptcies could be ahead for “challenged” offshore drillers following the restructuring plan filed by Hercules Offshore Inc. last week, Fitch Ratings analysts said.

August 17, 2015

U.S. E&P Capex Down 60% from 2014, Operators Also Less Hedged

Spending by U.S. producers is estimated to be down around 60% from 2014 — twice as much as some analysts have estimated, Raymond James & Associates Inc. said Monday. North American producers also have less protection from sustained low commodity prices than they did a year ago because of less hedging, according to Barclays Capital.

August 17, 2015

Onshore Pipeline Project Delays, Mostly in North America, Stymie Growth

The prospects for the onshore oil and natural gas pipelines construction business have been stung by the decline in commodity prices, but most of the project delays announced to date are almost exclusively in North America, according to Douglas-Westwood (DW).

August 14, 2015

Increasing Uncompleted Wells Represent ‘Sand Demand in Waiting,’ for Proppant Suppliers

The pullback in the U.S. onshore has choked demand for all types of services, with proppant volumes declining sharply since the start of the year. Proppant providers are continuing to cut costs and are working with their customers to hold on to market share for the eventual upturn. As to when the market will strengthen, however, it’s anybody’s guess.

August 14, 2015
Basic Energy’s Well Servicing Rig Count Stable, Utilization Rate Still Declining

Basic Energy’s Well Servicing Rig Count Stable, Utilization Rate Still Declining

Basic Energy Services Inc., which provides well site services across the U.S. onshore, said its rig count remained unchanged month/month in July, but well servicing rig hours declined both sequentially and from a year ago.

August 13, 2015

Lawsuit Involving McClendon Counsel Without Merit, Says Duane Morris

An international law firm said Tuesday it would “aggressively defend” itself in a lawsuit regarding its dealings with Aubrey McClendon and the Appalachian exploration company he founded with major investors.

August 11, 2015