Jude Hislop

API says Obama’s offshore policy reversal shuns American consumers, national security

Uncategorized

API claims President Obama’s decision will cost America jobs, business opportunities, and tax revenue WASHINGTON – API CEO Jack Gerard says the Administration’s offshore oil and natural gas policy is inconsistent with the will of American voters, governors and members of Congress who overwhelmingly support offshore oil and natural gas exploration and development. “The decision appeases

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Oil industry finds opportunity in water treatment and reclamation to battle droughts

News

“We are finding tremendous producer interest in reclamation of this water, for irrigation and other uses. The key is to do it safely and economically, and that’s where our technology comes in.” LOS ANGELES- OriginClear Inc., a leading provider of water treatment solutions, today announced its growing research and commercialization activities in California’s Monterey Shale

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Obama’s methane rules targeting vulnerable independent producers according to IPAA

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New regs threaten threatens 20% of oil production, 13% of natural gas production from America’s smallest producers The American oil and gas industry is pushing back on the Obama Administration’s new fugitive methane regulations, arguing that long-term efforts to reduce emissions have gone unrecognized. The EPA is toughening regulations, hoping to reduce oil and gas methane emissions

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NET Power building world’s first emissions-free natural gas power plant in Texas

Innovation

NET Power uses a novel process – an oxy-fuel, supercritical CO2 power cycle – to produce electricity efficiently with no air emissions La Porte, Texas will be the site of a new, innovative power plant that uses natural gas and oxygen to produce low-cost electricity with zero emissions, according to proponent NET Power, LLC. NET Power says

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Offshore development can grow America’s energy future – API

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“We’ve seen the benefits of our U.S. energy renaissance. U.S. consumers see it at the gasoline pump and in their home energy bills.” WASHINGTON – Allowing more offshore oil and natural gas development is one of the best ways policymakers can grow the economy, strengthen our energy security and raise more revenue for competing priorities

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Williams Partners, Shell and Nexen reach agreement on Deepwater Gulf project

News

“This establishes Williams Partners as the first gas gathering system in a new geographic area with capacity available and opportunities for future tie-backs” TULSA, Okla.-Williams Partners L.P. says it has reached an agreement with Shell Offshore Inc. and Nexen Petroleum Offshore U.S.A. Inc., to provide deepwater gas gathering services to the Appomattox development, located 80 miles

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Declining crude oil shipments by rail from Midwest to coastal regions

News

Midwest to Gulf Coast rail movements began dropping in 2nd half of 2013 as new/expanded pipeline capacity came online According to the U.S. Energy Information Administration, the movement of crude by rail within the United States, including within Petroleum Administration for Defense Districts (PADDs), reached a high of 928,000 b/d in Oct. 2014, with most of the shipments originating

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Permian Basin News: Clayton Williams Energy reports $98 million loss for 2015

Energy Financial

Clayton William’s 2015 oil, gas and NGL production per BOE decreased 16% in 4Q15, revenue down, but costs $87.6 million v.s $105.3 million in 2014 MIDLAND, Texas – Low oil prices took their toll on Clayton Williams Energy as the company posted a lost of $98 million for 2015. Fiscal 2015 Results Oil and Gas Production

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