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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

ExxonMobil Ups U.S. Onshore Rig Count, Prowls for Opportunities

Insulated by a top-notch balance sheet and long-term view of supply and demand, ExxonMobil Corp. boosted its U.S. onshore rig count by five in the Bakken and Woodford shales, and in the Permian Basin in the final three months of 2014, the investor relations chief disclosed Monday.

February 2, 2015

ExxonMobil Points to Long-Term Demand in View of NatGas, Oil

ExxonMobil Corp. is keeping its eye on natural gas and oil market forecasts to 2040, not volatile commodity prices, which means it plans to keep a lookout for opportunities, even when profits are low, investor relations chief Jeff Woodbury said Monday.

February 2, 2015

North America’s Onshore Even Lower Priority for Shell

North America’s onshore is even less appealing to Royal Dutch Shell plc than it was a year ago, and as commodity prices have fallen, the oil major has elected to decrease capital spending and move its resources elsewhere.

January 30, 2015

Lack of Investment Today to Damage Supply Down the Road, Says Chevron CEO

Worldwide energy demand is growing, but hitting required volume targets down the road will be more difficult because of industry spending cutbacks, Chevron Corp. CEO John Watson said Friday.

January 30, 2015

U.S. Drops 86 Onshore Rigs, Mostly in Texas

A total of 90 drilling rigs were dropped in the United States as of Friday, including 86 land rigs, Baker Hughes Inc. reported.

January 30, 2015

DCP Midstream Cuts Workforce by 20%

Denver-based DCP Midstream, which operates one of the largest natural gas processors in the country, on Friday announced it was cutting its workforce by 20% and closing a regional office.

January 30, 2015
Sasol Delays Decision on Louisiana GTL Complex, Blames Oil Prices

Sasol Delays Decision on Louisiana GTL Complex, Blames Oil Prices

Sasol Ltd. is taking a pause on a final investment decision of its massive natural gas-to-liquids (GTL) complex planned for Westlake, LA “to conserve cash in response to low international oil prices.”

January 29, 2015

Shell Cutting Back But No ‘Slash-and-Burn Mentality’

Royal Dutch Shell plc may cancel up to 40 projects over the next three years, worth an estimated $15 billion, including in North America, but it won’t overreact to the contraction in oil prices by dumping projects without cause, CEO Ben van Beurden said Thursday.

January 29, 2015

GE, Statoil Collaborate to Reduce NatGas Flaring, Cut Well Site Emissions

General Electric Corp. (GE) and Statoil ASA have agreed to collaborate in a wide-ranging partnership to develop, among other things, ways to reduce natural gas flaring at the well site and cut methane emissions through compressed natural gas (CNG) applications.

January 28, 2015

BP Allies with Chevron, ConocoPhillips in Deepwater GOM

BP plc on Wednesday agreed to sell half of its equity — and its control — in two key deepwater Gulf of Mexico (GOM) discoveries and partner with Chevron Corp. and ConocoPhillips to develop prospects and a production hub in Keathley Canyon, one of the most sought-after lease areas of the Lower Tertiary Trend.

January 28, 2015