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Vine Oil & Gas and GEP Haynesville Exchange Haynesville Basin Assets

bakken oil jobs, truck driver

Vine Oil & Gas LP (“Vine”) and GEP Haynesville, LLC (“GEP”) exchanged non-operated working interests in the majority of Vine and GEP’s joint venture assets located in Red River, DeSoto and Sabine parishes in Northwest Louisiana (the “Exchange”). The Exchange unwinds a material portion of the joint venture area of mutual interest and allocates to each party the entirety of ...

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Coal dominates in Texas as energy source

texas wind energy,

According to the Electric Reliability Council of Texas, coal was the number one energy source for Texas in January, reports FuelFix. Coal provided nearly 36 percent of Texas’ energy, followed by natural gas at 30 percent and wind energy at 20 percent. Natural gas prices increased in January, which led to higher demand for the cheaper coal. Typically, natural gas is the dominant ...

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Dynasty Downhole Services Acquisitions Expand North American Capabilities

Dynasty Downhole Services, Fishing, oilfield services, M&A

Lafayette, LA.–Dynasty Downhole Services has expanded their North American services with the recent purchase of Key Fishing & Rental’s Deepwater assets in Houma, Louisiana and Slaugh Fishing Services with services centers in Vernal, Utah, Ft. Collins, CO and Watford City, ND; bringing the total number of Service Centers to eight.   The Dynasty leadership team offers over 150 plus years of hands-on experience ...

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Two Marcellus, Utica area natural gas pipelines approved

European pipeline, Trans Adriatic pipeline

The executive order that gave TransCanada the go ahead to pursue completion of the Keystone XL Pipeline stole the spotlight from two smaller, but still substantial pipeline projects received approval from the Federal Energy Regulatory Commission (FERC). A TransCanada press release announced the approval for the construction of the Leach XPress and RayneXPress projects. Both will provide natural gas from the ...

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Dallas Fed: Oil and Gas Activity Rises in Third Quarter

energy, 2016, year in review

Surveys and reports from the Federal Reserve Bank of Dallas are now available for the third quarter. The business activity index – the survey’s broadest measure of conditions facing Eleventh District energy firms – was up from 13.8 in the second quarter to 26.7. While the survey still shows weakness in both industry employment and production, it does show some ...

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In ‘Deepwater Horizon,’ an ecological disaster’s human toll

Deepwater Horizon, Mike Williams, Mark Wahlberg

TORONTO (AP) — The name Deepwater Horizon is synonymous to most with environmental catastrophe and corporate negligence. For Mike Williams, who survived the April 2010 oil-rig explosion by plunging into the Gulf of Mexico from several stories up, it was about something else. “My 11 brothers that got killed were immediately forgotten,” Williams said, speaking from his Sulphur Springs, Texas, ...

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Edwards defends contract with top fundraiser for legal work


BATON ROUGE, La. (AP) — Defending his administration’s legal contract with a top fundraiser, Gov. John Bel Edwards on Wednesday accused Louisiana’s attorney general of fabricating politically motivated reasons for rejecting the lawyer’s contract to represent the state in litigation against oil and gas companies over coastal wetland loss. Edwards said Attorney General Jeff Landry either doesn’t understand or is ...

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Oil spill caused by contractor working on island restoration

oil, saltwater spill

NEW ORLEANS (AP) — An oil spill found in south Louisiana this week was caused by a contractor working on an environmental restoration project funded after the larger BP oil spill. The Coast Guard learned Monday that roughly 5,300 gallons of crude oil had leaked into Bay Long, part of Barataria Bay. NOLA.com/The Times-Picayune reports (http://bit.ly/2cosNe9 ) an excavating marsh ...

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