Dallas Fed: Oil patch firms plan spending cuts in 2020
About half of oil field service firms in the oil patch region plan to cut spending in 2020, the Federal Reserve Bank of Dallas...
2 deepwater projects off Louisiana coast advance
Two deepwater projects in the Gulf of Mexico off the coast of Louisiana are advancing, The Maritime Executive reports.
Chevron and Total have decided to...
Outlook is improving in the Gulf of Mexico
Deepwater permits are rising and rig utilization is growing in the Gulf of Mexico, indicating rising confidence after four years of declining drilling, Petroleum...
Gator Technologies expands downhole tool operations to Broussard
Gator Technologies, a provider of downhole tools, has expanded its operations in Broussard.
The new facilities will provide purpose-built space to support Gator’s bottom hole...
Southern Energy Conference takes on politics, Austin Chalk
Showing their strength in numbers, the combined memberships of Louisiana’s two oil & gas associations jointly presented the inaugural Southern Energy Conference last week...
Companies bid $159.9M for federal Gulf leases
Oil and gas companies offered high bids of $159.4 million last week for federal leases in the Gulf of Mexico, down from sales in...
W&T Offshore: Sitting on 100 million barrels of additional reserves off Louisiana coast?
Gulf of Mexico operator W&T Offshore believes it may have as much as 100 million barrels of additional reserves at its legacy Mahogany Field...
Chevron mulling projects off Louisiana coastline
After a few years of relatively light activity in the Gulf of Mexico, Chevron said last week it is again looking at potential large...
Moreno frac sand operation files for Chapter 11 with $128M in debt
This story has been changed since its original publication to correct the spelling of Michel Moreno's name.
A holding company owned in part by Lafayette...
Drillers fight for survival in a world of cheap oil
For the oilfield services industry, it’s no longer about merely navigating a downturn. It’s now about survival.
As Bloomberg reports, five years after crude began...
