Southwestern Louisiana’s Power Prospects Still Grim as Laura Impacts Linger

Southwestern Louisiana’s Power Prospects Still Grim as Laura Impacts Linger

Louisiana still had more than 200,000 customers awaiting power restoration Thursday, while substantial Gulf of Mexico natural gas and oil remained shut-in, one week after Hurricane Laura stormed ashore. Based on reports from 31 offshore operators, 420 MMcf/d, or 15.50% of the gas produced pre-storm remained shut-in. There also was 16.27%, or 301,077 bbl offline.…

September 3, 2020

Tropical Storm Nate Forcing GOM Evacuations by E&Ps, Pipeline Operators

Natural gas and oil producers and pipeline operators working in the eastern part of the Gulf of Mexico (GOM) began shutting in production and evacuating platforms and rigs early Thursday in preparation for Tropical Storm (TS) Nate, which potentially could make landfall on the Gulf Coast this weekend.

October 5, 2017

Oil Platform Fire Offshore Louisiana Investigated

An investigation was ongoing Thursday following a predawn fire aboard the Ship Shoal 266 A owned by Renaissance Offshore LLC, an oil and gas platform 80 miles offshore Grand Isle, LA.

January 5, 2017

Electronic LNG Auction Poised to Launch in October

The liquefied natural gas (LNG) spot market will get a shot in the arm once the Global LNG Exchange (GLX) launches with the goal of streamlining transactions.

September 20, 2016
GOM Storm Prompts Shut-In of More Than 11% of Offshore Oil, 5% of NatGas, BSEE Says

GOM Storm Prompts Shut-In of More Than 11% of Offshore Oil, 5% of NatGas, BSEE Says

After more than two months of relative calm, the 2016 Atlantic hurricane season has become significantly more active, prompting operators in the Gulf of Mexico (GOM) to shut in more than 11% of oil and more than 5% of natural gas, but — for the moment, at least — the chances of any significant disruption seem to have lessened.

August 29, 2016

Fracking Foes Win Amendment in Democratic Party Platform

Progressives in the Democratic Party, many of them supporters of U.S. Sen. Bernie Sanders (D-VT) and his failed bid for the presidency, were reportedly unable to get a nationwide moratorium on hydraulic fracturing (fracking), an idea championed by Sanders, added to their party’s official platform.

July 11, 2016

Federal Officials Investigating Fatal Accident at GOM Platform

Drilling activities at a project in the deepwater Gulf of Mexico were halted Friday after a Nabors Industries Ltd. employee was killed, federal regulators said.

March 14, 2016

Crestwood Rebuffs Call For Distribution Cut, Buybacks

Crestwood Equity Partners LP has said “no, thanks” to Raging Capital Management LLC’s “Crestwood Comeback” program, which includes a distribution cut and unit buyback.

December 16, 2015

Deep Panuke Restarts as Northeast Weather Chills

Encana Corp.’s Deep Panuke natural gas platform offshore Nova Scotia restarted two weeks ago to take advantage of cooler weather in the Boston region, CEO Doug Suttles said Thursday.

November 12, 2015

Fire Aboard Oil Rig Offshore Louisiana Forces 28 to Evacuate

No injuries were reported after a Gulf of Mexico drilling platform offshore Louisiana caught fire early Friday, forcing the evacuation of 28 people, the U.S. Coast Guard (USCG) said.

May 22, 2015
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