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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Articles from Carolyn Davis
‘More Assertive’ Industry Voices Needed in Carbon Debate, Says Shell CEO
Critics may prefer natural gas and oil be left in the ground, but renewables aren’t yet able to take over and “provoking a sudden death of fossil fuels isn’t a plausible plan,” Royal Dutch Shell plc’s chief said Thursday.
February 13, 2015
Apache Dumps North American Onshore Rigs, Crews; Reports $4.8B Loss
Houston super independent Apache Corp. has knocked $2 billion out of its capital spending plans for North America this year and slashed its rig count to wait on higher commodity prices and lower service costs.
February 12, 2015
Halliburton, FMC Laying Off Thousands
Halliburton Co., the top hydraulic fracturing (fracking) provider in North America, is laying off up to 6,400 people, 8% of its workforce, as producers cut back, the company said Tuesday. FMC Technologies, which provides subsea and fracking technology, also is reducing its Houston-based workforce by 10%, affecting about 2,000 people.
February 11, 2015
Onshore Well Count Dropping Sharply, but Production Capacity Still Strong
U.S. upstream activity has reacted sharply to lower crude oil prices by reducing drilling activity, with January’s new onshore well count down 20% from December. However, new production capacity (NPC) followed the trend but not the magnitude, off 9% for oil and down 6% for natural gas, an assessment by consultant Drillinginfo has found.
February 11, 2015
North America Oil to ‘Loom Even Larger’ on Global Stage as Prices Strengthen, Says IEA
The oil market’s price correction may pause the North American supply “party,” but it won’t bring it to an end as the roaring 2020s kick off an era of even more abundance than earlier forecast, the International Energy Agency (IEA) said Tuesday.
February 10, 2015
NatGas Prices in Quandary as Coal Plants Retired, Onshore Supplies Grow
Large-scale coal plant retirements through 2015 could provide some price recovery for natural gas by year’s end, but the continuing onslaught of supply from a few onshore basins may exert an opposite effect, a quandary that has analysts puzzling over which way the market may trend this year.
February 9, 2015
Hi-Crush Selling ‘Every Grain of Sand’ Produced
Hi-Crush Partners LP, which produces and markets Northern White sand used as proppant in hydraulic fracturing (fracking), may see demand rise this year even as rigs are dropped because production rates are more important than ever, a top executive said last week.
February 9, 2015
Central GOM Lease Sale to Offer 7,788 Offshore Blocks
Producers will have the opportunity in March to bid on 41.2 million acres offshore Louisiana, Mississippi and Alabama in the Central Planning Area of the Gulf of Mexico (GOM), the seventh auction under the current five-year Department of Interior leasing program.
February 6, 2015
U.S. NatGas Prices to Struggle Until Supplies Stall, Says Jefferies
Near-term domestic natural gas prices may struggle to gain momentum this year until there’s more evidence of stalling supply later this year, according to Jefferies LLC.
February 6, 2015
Weatherford Readying to Emerge ‘Stronger,’ Laying Off 5,000 More
The fourth largest oilfield services (OFS) company in the world, Weatherford International plc, plans to lay off 5,000 people, almost 9% of its workforce, by the end of March. Last year the company cut more than 6,200 positions.
February 5, 2015