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Author Archives: John Deede

By John Deede | Google+ John Deede is a Web Content Manager for Shale Plays Media living in Fargo, ND. He studied at the University of St. Thomas in St. Paul, MN, earning a degree in Business Administration/Marketing Management. His interests include cooking, traveling, permaculture, politics, and economics. In his free time John enjoys skiing, longboarding, playing guitar, painting, and spending time with friends.

Gas no longer escaping from rig off La. coast

coastrig

NEW ORLEANS (AP) — The operator and federal regulators say the flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana’s coast. EnVen Energy Ventures LLC and the Bureau of Safety and Environmental Enforcement said Saturday that the flow was stopped about 7 p.m. Friday. BSEE says it was cut off less than 2 ...

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Keystone report raises pressure on Obama to approve pipeline

keystone

(Reuters) – Pressure for President Barack Obama to approve the Keystone XL pipeline increased on Friday after a State Department report played down the impact it would have on climate change, irking environmentalists and delighting proponents of the project. The agency made no recommendation in its report on whether Obama should grant or deny an application by TransCanadaCorp (TRP.TO) to build the $5.4 ...

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What’s at Fault? Earthquakes in Texas

earthquakes

Beginning in November of 2013 residents living just northwest of Fort Worth, Texas have been subject to a slew of small earthquakes. Over 30 tremors have shaken the area around Azle, which has historically had very little seismic activity. The hydraulic fracturing industry is seen by many as the culprit. Azle Mayor Alan Brundrett is concerned with the area’s developments, ...

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Exxon Mobil profit tumbles as energy production tapers

stock

(Reuters) – Exxon Mobil Corp <XOM.N>, the world’s largest publicly traded oil company by market value, posted lower-than-expected quarterly profit on Thursday as it failed to offset declining production with fresh reserves. Shares of Exxon fell nearly 2 percent to $93.28 in morning trading. The problem of declining production has become endemic for multinational energy groups, with legacy oil and ...

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Witness says Bixby Energy technology never worked

A fresh influx of about $1 million from Chinese clients helped Bixby Energy Systems stay afloat in 2010. But the money couldn’t hide the fact that Bixby’s touted coal-to-natural gas conversion technology still wasn’t working. Three weeks after Bixby contractors in North Carolina reported that the conversion machine had collapsed, Robert Walker, the company’s founder, approved a news release saying ...

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Hurt by drought, NM farmers are selling off water intended for irrigation to oil & gas companies — for fracking

irrigation

CARLSBAD — New Mexico’s prolonged drought has some Eddy County farmers selling off water to the oil and gas industry. Lack of water over recent years has made agricultural ventures less desirable for individual water rights holders across Southeastern New Mexico, prompting many to instead sell the water to oil and gas companies to be used for hydraulic fracturing. While ...

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Board Approves Assessment for Wind Farm

Renewable Energy Systems Americas has picked the shorter of two transmission line routes for the 200-megawatt Pleasant Valley Wind Farm, but that didn’t ease the concerns of all residents at Tuesday’s Mower County board meeting. The board unanimously approved the environmental assessment on the project, the latest puzzle piece as the board goes through the permitting process for the transmission ...

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Marcellus shale responsible for $1.14B in deals

natural gas

A slate of big-dollar deals returned to the Marcellus shale late last year, with more than $1 billion spent on mergers and acquisitions in three months for the first time since the spring of 2012. Companies are looking to capitalize on the steady improvement in the region’s natural gas production and growth in customers. Drillers are benefiting from bountiful wells ...

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