Exploration & Production

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Glenn D. Hart, CEO Of Laredo Energy, Discusses Exporting Gas To Mexico

Tue, 11/24/2015 - 17:39

South Texas is at the crossroads of a rapidly developing trend for exporting dry gas from the United States to Mexico. Industrial users in Mexico are contracting with U.S. gas producers for gas, while new pipelines tying gas in South Texas to users in northeast Mexico are well underway. The potential volume of gas exports will have a far greater impact on U.S. natural gas than LNG exports. 

Rig Count


Halcón’s Herod: How Long Is The Eagle Ford Runway?

Halcón’s Steve Herod said that lowering drilling and completions costs is essential for E&P survival. Herod said the company Halcón has lowered wells costs to $6.75 million from $9.5 million in 2014.

Darren Barbee
Fri, 10/30/2015 - 10:39

Oilfield Service Deals Stagnate For Want Of Buyers

Potential buyers have had to cut employees, and so far few companies are going out of their way to aggressively buy frack fleets or other equipment.

Wed, 05/20/2015 - 09:58

EnerVest CEO: $30 WTI Not Out Of The Question

Oil exports are needed, but improbable, as U.S. oil supply builds. Near the end of March, storage at Cushing, Okla., had grown to 58.9 million barrels, about 80% of capacity.

Wed, 04/08/2015 - 16:22

Cushing Storage Capacity Is Being Tested

U.S. crude oil in storage grew by 8.4 million barrels—twice as much as commodity analysts expected—to 1.125 billion barrels for the week ending Feb. 20, according to the EIA’s weekly report Wednesday. Of that, 434 million was in non-SPR storage, up from 363 million a year ago.

Tue, 03/03/2015 - 10:27