Morgan Evans joined NGI as an interning associate reporter in June 2019 before joining the Thought Leaders team in a full-time position in May 2022. She holds a liberal arts degree from Gettysburg College.
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Articles from Morgan Evans
Some Permian E&Ps Reporting Softer OFS, Materials Costs
Some Permian Basin-focused exploration and production (E&P) executive teams – Callon Petroleum Co., HighPeak Energy Inc. and Permian Resources Corp. to name a few – are reporting that oilfield services (OFS) and material prices softened during the second quarter. Houston-based Callon Petroleum Co. CEO Joe Gatto said OFS equipment prices dropped slightly. Gatto hosted a…
August 11, 2023
Colorado OKs Natural Gas, Oil Methane Emissions Rules
Colorado regulators have unanimously approved natural gas and oil emissions standards, increasing oversight on the state’s exploration and production (E&P) companies. The Colorado Air Quality Control Commission (AQCC) rules define how E&Ps will calculate greenhouse gas intensity and how to monitor operations. The rules are expected to provide an accurate ratio of a facility’s emissions…
July 31, 2023
Antero Eyeing Premiums for Appalachian Natural Gas Via LNG Exports
Antero Resources Corp. management is “positive on the natural gas market” as future LNG demand could “provide support,” CEO Paul Rady said Thursday. During the second quarter conference call to discuss results, Rady said the independent is preparing for a build out of more Gulf Coast liquefied natural gas facilities. Antero sells its Appalachian gas…
July 28, 2023
Wyoming Governor Says Lack of Federal Natural Gas, Oil Lease Sales Pressuring E&Ps
The lack of federal oil and gas lease sales has put pressure on exploration and production (E&P) and state revenues, Wyoming Gov. Mark Gordon said as he’s working to advance more carbon capture projects and advance the state’s opportunities. In an interview with NGI, the Republican governor said the U.S. Department of Interior’s Bureau of…
July 25, 2023
Raising Federal Oil, Gas Leasing Fees to ‘Hamper’ E&P Activity, Says Industry
A proposed rule by the Department of Interior’s Bureau of Land Management (BLM) to increase bonding requirements, royalty rates and minimum bids for natural gas and oil producers was met with criticism from the industry. The draft rule would increase economic returns for the country while ensuring oil and natural gas companies are environmentally responsible…
July 24, 2023
Most Americans Support U.S. Oil, Natural Gas Production, Poll Finds
A recent poll commissioned by the American Petroleum Institute (API) of U.S. registered voters has found that a majority agree that domestic natural gas and oil production could lower energy prices and ensure national security. The poll conducted from June 23-25 of 2,003 registered voters by Morning Consult for API found that at least 88%…
July 24, 2023
Iroquois Natural Gas Upgrades in New York, Connecticut Facing Delays as Permits Languish
Iroquois Gas Transmission LP’s natural gas compression upgrade project, designed to supply New York City with an additional 125 MMcf/d, may be delayed as it awaits required air permits from state agencies, according to Iroquois management. Iroquois in 2020 filed applications for two Air State Facility permits with the New York Department of Environmental Conservation…
July 21, 2023
Ring Energy Snaps Up More Permian CBP Acreage in West Texas
Ring Energy Inc. is expanding its Central Basin Platform (CBP) leasehold in the Permian Basin of West Texas through a $75 million deal with privately held Founders Oil & Gas IV LLC. The independent exploration and production (E&P) company, headquartered in The Woodlands north of Houston, is snatching up 3,600 net acres in Ector County,…
July 20, 2023
U.S. OFS Job Gains Slow, as Energy Sector Competes for Employees
U.S. oilfield services (OFS) employment in June continued to hit post-pandemic highs, but jobs edged up by only 45 last month, according to an analysis of Bureau of Labor Statistics (BLS) data by the Energy Workforce & Technology Council. Total OFS jobs inched up to 665,258 jobs in June, closer to the 706,528 jobs in…
July 19, 2023
Mercuria Jumps on Zefiro’s Carbon Credit Trading Program Using Abandoned Wells
Zefiro Methane Corp., which plugs orphaned and abandoned oil and gas wells in North America to create carbon credits, has pre-sold some of the portfolio to trader Mercuria Energy America LLC. Zefiro’s current projects include plugging abandoned or orphaned wells in the Appalachian Basin and Texas-Louisiana-Mississippi Salt Basins. “For too long, investors have not had…
July 12, 2023