Archive / Author

Subscribe

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.

Carolyn Davis's avatar

Managing Editor, News | Houston, TX

@CarolynLDavisME

email carolyn.davis@naturalgasintel.com

North America’s Bakken, Permian Verticals Pressured Most as Spending Declines, Says Barclays

North America’s Bakken, Permian Verticals Pressured Most as Spending Declines, Says Barclays

North America will be the hardest hit global energy region as producers pull back this year, with the Bakken Shale taking the brunt of the impact from falling rigs and capital spending cuts, a Barclays Capital analyst said Friday.

January 12, 2015

Appeals Court Refuses to Rehear BP, Anadarko on Macondo Liability

By one vote, the federal appeals court in New Orleans refused to reconsider a request by BP plc and Anadarko Petroleum Corp. about whether they may avoid Clean Water Act (CWA) penalties for the Macondo well blowout because of a contractor’s failed equipment.

January 12, 2015

Basic Energy Sees Onshore Well Services Growth ‘Very Limited’ in 2015

Basic Energy Services Inc., which maintains well site services across the country, said its rig count remained unchanged in December, but well servicing hours were down month/month.

January 12, 2015
Domino Effect of Lower Oil/Gas E&P Capex Now Hitting Offshore, Midstream

Domino Effect of Lower Oil/Gas E&P Capex Now Hitting Offshore, Midstream

Capital spending reductions by exploration firms and the pace of falling rigs have moved beyond trivial and now pose real dangers to 2015 prospects, according to analysts.

January 9, 2015
Halcon Halves Capex Again; American Energy Pulls Back in Permian

Halcon Halves Capex Again; American Energy Pulls Back in Permian

Houston’s Halcon Resources Corp., which in November reduced 2015 capital expenditures by half of 2014, on Thursday cut that forecast by half again. The Permian Basin unit of American Energy Partners LP (AELP) also is setting its sights lower.

January 9, 2015

Energy Industry Coping by Cutting Jobs, Revising Financial Strategies

U.S. operators have begun implementing various ways to maintain their exploration and development programs in the United States, with some tweaking hedging strategies, others working with lenders and some scrapping expansion plans. Even more appear to be cutting back on employees and contractors, according to Friday’s jobs report.

January 9, 2015

Barclays Sees NatGas Prices ‘Falling in Sympathy’ With Oil

Most energy watchers are focused on declining oil prices, but natural gas forward prices are “falling in sympathy,” and spending by gas-heavy operators should decline in 2015 as well, Barclays Capital is forecasting.

January 9, 2015

Going Deep For Subsea Well Intervention Aim of New Alliance

A trio of offshore technology specialists is allying to develop innovative subsea well intervention systems, specifically for deep/ultra-deepwater basins and high-pressure environments.

January 8, 2015
BP’s Biggest Global Economic Contributor Still the U.S.

BP’s Biggest Global Economic Contributor Still the U.S.

The United States continues to be BP plc’s top global economic priority, even though the domestic business is smaller than it was in 2012, the British-based supermajor said Tuesday.

January 7, 2015

Antero Laying Off Half of Land Brokers Across Country

Antero Resources Corp. is laying off about half of its land broker workforce, spread across Ohio, western West Virginia, Oklahoma and Texas, to move more money to Appalachia development, a top executive said Tuesday.

January 6, 2015