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Exclusives

OWL closes in on $250 million credit facility

Though low energy costs have triggered strings of jobs cuts and halts in oil and gas operations, other companies have pulled through the price slump all right— some, more than all right. Dallas-based Oilfield Water Logistics LLC (OWL) has secured a $250 million credit facility in Texas Capital Bank, according to a press release. “This challenging oilfield environment is creating ...

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One CEO thinks Marcellus-Utica comes out on top

shale

Even with oil and gas prices on the low, CEO of EnLink Midstream Partners Barry Davis thinks the Marcellus-Utica shales are in prime position for growth. While presenting the opening speech for the Hart Energy Marcellus-Utica Midstream Conference, which began Wednesday and continues into today, Davis stated the price situation will certainly cause reduction in exploration and production activity.  He ...

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Ghosts of the Gulf: the art of ecological awareness

Outside of famous Rembrandt paintings, marrying art and science is not typically the norm. But for Brandon Ballengée, it’s become his life’s work. As both an artist and a herpetologist, a biologist who studies amphibians, Ballengée makes art that’s more than just something pretty to look at. In fact, Ballengée has found a proactive way to combine the two passions ...

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API announces new Colorado office

The American Petroleum Institute made an announcement today regarding the establishment of its Colorado Petroleum Council. The new office will focus on energy priorities in the state, including hydraulic fracturing, job creation and energy infrastructure. In addition to the announcement of the new Colorado office, API has also hired Tracee Bentley to lead its new office as executive director. Bentley ...

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Thousands left without water

glass of water

On Monday, about 12,000 people in Lewisburg, West Virginia, were left without water after a diesel fuel spill forced the city’s treatment plant and intakes to shut down in fear of contamination. Mayor John Manchester said city officials were waiting for results from tests conducted on the water to determine if it was safe or not to restore the water ...

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There’s a new CFO in town

On Wednesday, Rex Energy announced Thomas Rajan will take over as the company’s chief financial officer (CFO) on February 1st. Prior to accepting the CFO position with Rex Energy, Rajan recently served as managing partner for Fort Worth, Texas-based High Valley LLC.  According to Rex Energy, the company’s main focus was domestic exploration and production.  Before working with High Valley ...

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Wyoming challenges trade secret ‘loophole’

bottles

When Wayne Lax first moved to Laramie County, the landscape and 10-minute bike ride to work quickly made his half-acre property feel like home. “I love where I live,” said Lax, who’s lived just outside of Cheyenne since 2000. “We can see the Rocky Mountains— it’s the most beautiful land I could ever imagine.” Though Lax appreciates the mountains and ...

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BP shedding jobs in Houston

Signage for a BP petrol station is pictured in London July 29, 2014. REUTERS/Luke MacGregor

While BP works in the courtroom to minimize the fines it will pay for the Deepwater Horizon disaster in 2010, the company is simultaneously reducing its presence in the Gulf of Mexico. Unfortunately, scaling back comes hand in hand with job losses. Petro Global News reports that support staff at BP’s Houston office will be seeing a round of layoffs, ...

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Warm weather complicates cleanup of brine spill

Temperatures reaching the 50s in the oil patch may be relief to some, but the warmer weather is hindering cleanup efforts at the site of a major pipeline leak. The Forum News Service (FNS) reports that melting snow pack and increased water flow is making it difficult to collect the contamination in Blacktail Creek, according to David Glatt of the ...

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Adults head back to school to learn about energy

Penn State University researchers are preparing to launch a series of informal classes that will teach adults all about natural gas development. Project Coordinator Terry Noll commented on the classes’ content: We use the context of Marcellus Shale to teach about science and energy … We are neither pro nor against gas development, but because that’s creating huge change, we ...

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