Latest Louisiana Oil & Gas News
- UPDATE 3-Hedging loss masks operating gains at EnCana 24 Jul 2008 19:29 GMT
... on an unrealized loss on forward natural gas sales contracts, but surging gas prices and ... is preparing to split into two separate oil and gas producers by early next year, also increased ... hottest shale-gas plays, including the Haynesville in Louisiana, Barnett in Texas and Horn River in ...
- Drill, Drill, Drill: My Interview with Senator Mitch McConnell 24 Jul 2008 18:53 GMT
... [Democrats] have shut down all of the oil shale. We have three times the reserves of ... it. We interviewed Senator Mary Landrieu of Louisiana who’s one of the ten. They’re looking ... of my members are interested in natural gas, natural gas automobiles, which are driven all ...
- Haynesville gas logged at Bethany-Longstreet 24 Jul 2008 18:14 GMT
... (Oil & Gas Journal, July 24, 2008, 12:35 ... A well in Bethany-Longstreet field in northwestern Louisiana has encountered gas in two Haynesville shale ... by a large block held by Goodrich Petroleum Corp., Houston. Cubic Energy operates in the ...
- The Real Question: Should Oil Be Cheap? 24 Jul 2008 17:39 GMT
... the heart of American industrial might. The Louisiana company's fiery 2,800F furnaces melt down hunks ... recast them into massive parts for trucks, oil rigs, and other heavy equipment. Amite even turned ... in the prices of heating oil, natural gas, and even electricity. But Amite Foundry's resurgence ...
- Wrapping Dolly. Texas becoming a hurricane hotbed? 24 Jul 2008 17:39 GMT
... , in 2005, officially made landfall in Louisiana.) That made just two landfalling hurricanes in ... valid. iow, combine "energy" as in Gulf oil/gas production and "weather" it's tossing cut bait to ...
- Environmentalists, energy companies join in call to save Gulf Coast, boost oil production 24 Jul 2008 17:38 GMT
... square miles of wetlands a year in Louisiana; the annual fish-killing area of nutrient-fed low ... more to secure refineries, offshore platforms and oil ports. Also, the nation should consider protecting energy ... development." Coming in the midst of high oil prices and a push by President Bush to ...
- 98 miles of Mississippi River closed after oil spill 24 Jul 2008 16:49 GMT
... NEW ORLEANS, Louisiana (CNN) -- At least 60 ships were ... along the Mississippi River by an industrial oil spill that spread south of New Orleans to ... their intakes and began relying on their reserves, making officials plan on trucking in bottled ...
- Leaders Unveil New Accord for Sustainability of America's Energy Coast 24 Jul 2008 16:12 GMT
... state joined business and environmental counterparts from Louisiana, Mississippi and Alabama to announce a major ... the future of our nations' energy stability, oil and gas industry leaders, environmentalists and the conservation community ...
- Shining a Spotlight 7.24.08: Economic Woes 24 Jul 2008 15:48 GMT
... the economy right now is not good. Gas prices are through the roof, food prices ... extend its reach. But when the domestic oil business crashed in late '87, the economies of Texas, Louisiana and Oklahoma, the UWF's main area, collapsed ...
- EnCana reports surge in revenue 24 Jul 2008 14:27 GMT
... of a $308 million after-tax loss on gas hedges and a $92-million after-tax loss on oil and other hedges," EnCana said. "Led by the East ... be focused on the Haynesville shale in Louisiana, Eresman said, and "we are stepping up ...
- Index Oil and Gas Inc. Announces Update On Operations and Acquisition Strategy 24 Jul 2008 13:58 GMT
... Index Oil and Gas Inc. Announces Update On Operations and Acquisition ... production company, with activities primarily in Texas, Louisiana and Kansas and offices in Houston. The ...
- EnCana Q2 revenue up 30 per cent to $7.3b; net cut to $1.2B by hedging losses (EnCana) 24 Jul 2008 13:57 GMT
... of a $308 million after-tax loss on gas hedges and a $92-million after-tax loss on oil and other hedges," EnCana said. "Led by the East ... be focused on the Haynesville shale in Louisiana, Eresman said, and "we are stepping up ...
- EnCana profit falls on lower contract prices 24 Jul 2008 12:52 GMT
... EnCana Corp., Canada's largest natural-gas producer, said second-quarter profit fell 16% on ... in a statement distributed by Canada NewsWire. Oil futures in New York exceeded US$140 a barrel ... formations in northeastern British Columbia, Texas and Louisiana. The projects could boost output by as ...
- EnCana Q2 revenue up 30 per cent to $7.3b; net cut to $1.2B by hedging losses 24 Jul 2008 12:50 GMT
... of a $308 million after-tax loss on gas hedges and a $92-million after-tax loss on oil and other hedges," EnCana said. "Led by the East ... be focused on the Haynesville shale in Louisiana, Eresman said, and "we are stepping up ...
- Natural gas helping buoy state 24 Jul 2008 12:48 GMT
... growing budget surplus and a healthy natural gas industry have helped Arkansas buck a trend ... said. But in energy-producing states — like oil-flush Alaska and natural-gas endowed North Dakota — ... reporting year-end reserves or rainy-day balance transfers: Louisiana $ 1. 4 billion, Texas $ 8. ...
- Dow Reports Second Quarter Results 24 Jul 2008 11:37 GMT
... chief executive officer, stated: "The surge in oil prices from first to second quarter added another ... applications such as insulation for oil and gas pipelines and refrigerated transport. Dow Wire and ... shutdown of polypropylene capacity in St. Charles, Louisiana in the fourth quarter of 2007, the ...
- Big Oil Looks to Cash in on Crude Oil Prices 24 Jul 2008 11:12 GMT
... this week as a majority of the oil installations are outside of Dolly's impact zone. ... as fuel oil, natural gas liquids and petroleum coke, which make up approximately 20% of ... quarter to quarter. MRO said the Light Louisiana Sweet [LLS] 6-3-2-1 crack spread on a ...
- Duncan Energy Partners Reports Increased Results for Second Quarter 2008 24 Jul 2008 10:57 GMT
... distributable cash flow from our Acadian natural gas pipeline system and NGL storage business as ... the Gulf Coast region of Texas and Louisiana, include interests in more than 1,000 miles ... and financial condition are: -- fluctuations in oil, natural gas and NGL prices and production due ...
- EnCana generates second quarter cash flow of US$2.9 billion, or $3.85 per share - up 16 percent 24 Jul 2008 10:57 GMT
... quarter, the upstream business of our Integrated Oil division, in particular, benefited from significantly higher ... strong position in the Haynesville Shale in Louisiana, where recent test wells are demonstrating very ... and the refining of crude oil into petroleum and chemical products located in the United ...
- McCain: Bush's order to lift drilling ban lowered gas prices 24 Jul 2008 10:54 GMT
... Bush's order to lift drilling ban lowered gas prices WILKES-BARRE, Pa. - Republican John McCain ... recent $10-a-barrel drop in the price of oil to President Bush's lifting of a presidential ban on ... "He's a great, fine person." "He and [Louisiana Gov.] Bobby Jindal and a number of ...
- Jindal scores rural trifecta 24 Jul 2008 09:37 GMT
... collar comedian or a basketball dunker. But Louisiana rookie governor Bobby Jindal did draw 250 ... her mom, Karen, at the clinic in Oil City where Karen Walker is the town's only doctor. ... and all seemed comfortable, including an independent oil field producer who finished his question by saying, ...
- Bossier City could get a big mineral payday 24 Jul 2008 09:37 GMT
... send the city's mineral rights to the Louisiana Mineral Board, which will conduct the auction ... one of the largest discoveries of natural gas in the country. Shreveport City Council voted ... Tower-looking structures most people associate with an oil or natural gas rig. Energy companies have developed several ...
- Unlikely allies unite for 'America's Energy Coast' 24 Jul 2008 08:57 GMT
... Energy Coast' An unlikely coalition of environmentalists, oil companies, government agencies and shippers is joining to ... Energy Coast as Texas, Mississippi, Alabama and Louisiana, states that allow offshore oil and natural gas drilling. Among the threats to the region, ...
- Ship Collision Shuts Mississippi River, Spills Fuel 24 Jul 2008 08:32 GMT
... CHALMETTE REFINING, CONOCOPHILLIPS', EXXON MOBIL, PDVSA, MURPHY OIL, OIL AND GAS, POLLUTION, NATURAL DISASTERS A chemical tanker split ... had, but it's a large one," said Louisiana Department of Environmental Quality spokesman Rodney Mallett ...
- City makes top 10 list 24 Jul 2008 08:31 GMT
... healthcare (12.9 percent), retail (11.4 percent), and mining/oil and gas (11 percent). The industries showing the largest ... from November 1996 to January 2008. Other Louisiana cities ranked include Houma-Thibodeaux (30), New Orleans-Metairie ...
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