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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

U.S. Energy Sector Partnerships with Builders, Colleges Imperative, Says Tillerson

Joining forces with building groups and community colleges to improve training and opportunities for America's future workforce will help the oil and natural gas industry continue to be one of the largest employers in the country, according to to ExxonMobil Corp. CEO Rex Tillerson.

March 14, 2014

EPA Lifts BP Federal Contract Suspension

BP plc and the U.S. Environmental Protection Agency (EPA) on Thursday resolved all suspensions and debarment actions against the producer that had prevented it from doing business with the federal government following a guilty plea related to the Macondo well blowout in 2010. The suspensions took immediate effect.

March 13, 2014

Shell Slashes Upstream Spending, Considers More U.S. Onshore Sales

Royal Dutch Shell plc plans to lay off staff in its U.S. exploration and production (E&P) arm and cut upstream Americas spending by 20% this year to right its capital spending with cash flow.

March 13, 2014

Industry Brief

Newly re-formed Rock Oil Holdings LLC has secured a private equity commitment of up to $250 million from Riverstone Holdings LLC subsidiaries to secure acreage in the Eagle Ford and Utica shales, and the Permian Basin. Company executives previously built a leasehold and associated production in the Eagle Ford, which were sold in separate transactions in 2012 and 2013 to Sabine Oil & Gas LLC and Sanchez Energy Corp. Abraxas Petroleum Corp. in 2010 had partnered in the play with predecessor Blue Stone Oil & Gas LLC (see Shale Daily, Aug. 30, 2010). Affiliate Riverstone Energy Ltd. also has committed $82 million to privately held Fieldwood Energy LLC, which it formed and which is the largest producer in the Outer Continental Shelf of the Gulf of Mexico (see Daily GPI, March 12).

March 13, 2014
Energy XXI Securing Position as Big-Time OCS Operator

Energy XXI Securing Position as Big-Time OCS Operator

Gulf of Mexico (GOM) player Energy XXI, which has made a name for itself through production expertise and horizontal drilling finesse, is taking over EPL Oil & Gas Inc. in a friendly merger that would create the largest public independent on the Outer Continental Shelf (OCS). Proforma production would be close to 65,000 boe/d.

March 12, 2014

Shareholders Preparing to Battle Again in North America Energy Sector

The North American energy sector — from exploration and production (E&P), oilfield services and midstream — still has a big target on its back again this year among activists that want to force changes, according to Moody’s Investors Service.

March 12, 2014

‘PowerBar’ Feast in Onshore Won’t Last Forever, Says IHS Researcher

North America’s energy renaissance is going full tilt, but it could be shackled by a lack of personnel, more stringent regulations and even geology, IHS CERAWeek executives said in Houston last week.

March 11, 2014

Chevron Prefers Its Natural Gas Liquefied, Linked to Oil Prices

Chevron Corp. is sitting in the sweet spot to deliver liquefied natural gas (LNG) to Asia-Pacific markets from two world-class Australian export facilities, but there’s no hurry to move an inventory of dry natural gas prospects in the U.S. onshore until conditions are right, executives said Tuesday.

March 11, 2014

Barnett Landowner Prevails in Royalty Lawsuit Against Chesapeake

Chesapeake Energy Corp. improperly deducted drilling expenses from Barnett Shale natural gas royalty payments and violated some terms of a lease agreement, a Texas appeals court has affirmed.

March 11, 2014

Columbia’s Pipe Corroded, Response Faulty in WV Rupture, NTSB Says

The rupture of a section of a Columbia Gas Transmission Corp. natural gas pipeline in Sisson, WV, in late 2012 was caused by severe corrosion that could have been detected with regular inspections, the National Transportation Safety Board (NTSB) reported Monday.

March 10, 2014