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Louisiana to Receive $91 Million in Fiscal Year 2018 in Federal Oil and Gas Revenue
November 26, 2018
Oil and gas produced from federal waters in the Gulf of Mexico and on federal land in Louisiana in fiscal year 2018 will add $91 million to the budgets of the state and coastal parishes, the Interior Department announced recently,
North Dakota Oil and Gas Production Hits New Highs
November 26, 2018
North Dakota oil production surged in September to a record 1.36 million barrels per day, state regulators said Friday. But winter weather, workforce shortages and inadequate infrastructure to capture natural gas are projected to slow that growth in the coming
Corpus Christi Liquefaction Project Begins LNG Production, Texas
November 26, 2018
Bechtel and its customer Cheniere Energy have announced start of production of the first liquefied natural gas (LNG) of the Corpus Christi Liquefaction project in Texas. This production train at the Corpus Christi project is the latest of six trains
Wolfcamp Play is Key Driver in Permian’s Growing Oil and Gas Production
November 20, 2018
The Wolfcamp shale play has been a key driver of growing oil and gas production in West Texas’ booming Permian Basin oil field, according to the Energy Department. The increased output from the Wolfcamp has helped make the Permian the
Expanded Offshore Energy Production Would Lead to Billions in Revenue for Florida
November 20, 2018
The Florida Petroleum Council released a study towards the end of last week showing the Sunshine State’s economy would see an additional $2.5 billion in revenue over 20 years through offshore leasing in the Atlantic Outer Continental Shelf (OCS) and
Alaska Nets $28 Million from Annual Oil and Gas Lease Sale
November 20, 2018
Alaska netted $28.1 million from its oil and gas lease sales in the North Slope and Beaufort Sea. The state received bids on 133 tracts in the North Slope covering about 350 square miles (906 square kilometers), the Alaska Journal
Williams to Form Delaware Basin Joint Venture with Brazos Midstream
November 19, 2018
Williams has agreed to form a joint venture with Brazos Midstream that will comprise oil and gas pipelines, processing plants and storage assets located in the Delaware Basin. As per the agreement terms, Williams will contribute its existing assets in
Flat Creek Secures $400 Million Investment from EnCap
November 19, 2018
Flat Creek Resources, a Texas-based oil and gas exploration and production company, has secured an initial capital commitment of $400m from EnCap Investments and management. Headquartered in Fort Worth, Flat Creek is an independent energy company focused on the consolidation
TransCanada Commissions WB Xpress Pipeline Project
November 19, 2018
TransCanada has fully commissioned its $900m WB Xpress pipeline project in the US by placing the eastern build of the natural gas pipeline in to service. Last month, the company commissioned the western segment of the WB Xpress pipeline project,
Phillips 66 Partners Launches Open Season for Gray Oak Pipeline, Texas
November 15, 2018
Phillips 66 Partners said that Gray Oak Pipeline is launching a binding expansion open season to solicit shipper commitments for services from West Texas. The expansion open season will provide an opportunity for interested shippers to secure long-term crude oil
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