The “punishing economic contraction” and low wellhead energy prices continued to tie Texas producers’ hands in August, with many scrapping drilling plans and laying off workers, according to the latest Texas Petro Index (TPI).
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Texas Producers Forced to Scrap Drilling Plans, Lay Off Workers
The “punishing economic contraction” and low wellhead natural gas and oil prices continued to force Texas producers’ hands in August, with many scrapping drilling plans and laying off workers, according to the latest Texas Petro Index (TPI).
Shell CEO Calls for More Access to Drill in U.S.
For Royal Dutch Shell and the rest of the energy industry, “it’s all hands on deck and overtime on the bridge,” the CEO said last week. CEO Jeroen van der Veer also said it was time for the Obama administration to heed the call and allow exploration in Alaska’s Outer Continental Shelf (OCS).
Shell CEO Calls for More Access to Drill in U.S.
For Royal Dutch Shell and the rest of the energy industry, “it’s all hands on deck and overtime on the bridge,” the CEO said Tuesday. CEO Jeroen van der Veer also said it was time for the Obama administration to heed the call and allow exploration in Alaska’s Outer Continental Shelf (OCS).
BP Suspends Delaware River LNG Terminal Plans
BP Crown Landing LLC, which suffered a major setback to its plans to build a liquefied natural gas (LNG) terminal along the Delaware River at the hands of the U.S. Supreme Court earlier this year, has suspended those plans.
BP Suspends Delaware River LNG Terminal Plans
BP Crown Landing LLC, which suffered a major setback to its plans to build a liquefied natural gas (LNG) terminal along the Delaware River at the hands of the U.S. Supreme Court earlier this year, has suspended those plans.
Former Alaska Governors Resisting TransCanada Gasline Plan
A plan to pipe treasured Alaskan North Slope gas reserves through Canada to Lower 48 markets would put the state’s gasline destiny in the hands of foreigners, a former Alaska governor said last week in denouncing a proposal before the state’s legislature to allow TransCanada Corp. to develop the gasline.
Alaska Politico Stumps for All-Alaska Gasline
A plan to pipe treasured Alaskan North Slope gas reserves through Canada to Lower 48 markets would put the state’s gasline destiny in the hands of foreigners, a former Alaska governor said Thursday in denouncing a proposal before the state’s legislature to allow TransCanada Corp. to develop the gasline.
Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year
When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.
Devon Expects to Top 1 Bcf/d in Barnett Before Mid-Year
When you master the domain in a place like the Barnett Shale, it may be easy to forget that Devon Energy Corp. actually has its hands in several other promising oil and natural gas developments onshore and offshore in North America. However, there’s no forgetting Devon’s strength in the Barnett, and the producer now anticipates hitting a 1 Bcf/d production target there before mid-year, which is at least 18 months ahead of schedule.