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Haynesville Shale News

NARO and ShaleCast announce alliance to educate shale owners

NARO and ShaleCast announce alliance to educate shale owners

April 20, 2016 (Chicago, Illinois) – The National Association of Royalty Owners (NARO) and ShaleCast.com today announced an alliance to assist landowners participating in the shale revolution. “We believe this platform can be a game changer for the millions of royalty owners generated by the shale boom,” said Jerry Simmons, executive director of NARO.  Simmons added, “For nearly 40 years, NARO ...

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Group sues Interior Department over deep-sea well permits

Group sues Interior Department over deep-sea well permits

NEW ORLEANS (AP) — An environmental group sued the Interior Department on Wednesday for what it called the “fast track” permitting of potentially dangerous oil and natural gas wells in offshore waters. The action came on the sixth anniversary of the nation’s largest offshore oil spill. The federal lawsuit, filed by the California-based Center for Biological Diversity in Washington, D.C., ...

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Louisiana and Mississippi driller Goodrich files bankruptcy

goodrich files bankruptcy

JACKSON, Miss. (AP) — One of the oil companies most active in drilling wells in the Tuscaloosa Marine Shale formation in Mississippi and Louisiana has sought bankruptcy protection. Houston-based Goodrich Petroleum filed for Chapter 11 bankruptcy Friday after securities owners rejected swapping their holdings for common stock to lower debt payments. The company cites $99 million in assets against $507 ...

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Senate decides to rework flow of oil spill recovery money

BATON ROUGE, La. (AP) — State senators voted Wednesday to rewrite plans for spending Gulf oil spill recovery money tied to Louisiana’s economic damages from the disaster, seeking to erase earmarks that would sock the money into state savings accounts. Under a law passed two years ago, most of the money will be steered to the state’s “rainy day” fund ...

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Stricter offshore drilling rules issued, upsetting industry

Stricter offshore drilling rules issued, upsetting industry

NEW ORLEANS (AP) — The Obama administration issued new rules Thursday to make oil and natural gas offshore drilling equipment safer and to reduce risks in digging wells, but the oil industry and its supporters in Congress say they are costly and questioned their need. The rules published by the Interior Department came nearly six years after the catastrophic blowout ...

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$4 million fine for energy company’s offshore violations

NEW ORLEANS (AP) — Federal prosecutors in New Orleans say an energy company was fined $4 million for violating federal laws governing safety and the environment on offshore facilities in the Gulf of Mexico. A Wednesday news release from U.S. Attorney Kenneth Polite (poh-LEET’) says Energy Resource Technology G.O.M., was fined and placed on three years of probation for violations ...

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Scalise to take peers on tour of Gulf’s offshore drilling

Scalise to take peers on tour of Gulf's offshore drilling

NEW ORLEANS (AP) — House Majority Whip Steve Scalise is taking a batch of congressmen on a tour of the Gulf of Mexico’s oil and gas offshore drilling industry. Scalise, a Republican from Louisiana, has led energy tours for his peers since he became a House member in 2008. On Friday, he’s showing off the industry to six other congressmen ...

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Governor joins lawsuits against oil and gas companies

Governor joins lawsuits against oil and gas companies

NEW ORLEANS (AP) — The Edwards administration has joined the state attorney general in getting involved in lawsuits filed against oil and gas activities over damage to coastal wetlands. On Thursday, Gov. John Bel Edwards said the Louisiana Department of Natural Resources is seeking to intervene in lawsuits filed by Plaquemines, Jefferson, and Cameron parishes against oil and gas companies. ...

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Louisiana regulators approve Cleco Corporation sale

BATON ROUGE, La. (AP) — Louisiana utility regulators have approved the sale of energy company Cleco Corp. A 4-1 vote late Monday by the Public Service Commission allows the sale to a group of investors. The PSC had rejected the $4.9 million sale of the Pineville, Louisiana-based utility in February. The purchasing group is led by Macquarie Infrastructure and Real ...

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Coast Guard: Unknown amount of crude in Louisiana bayou

alligator, bayou

NEW ORLEANS (AP) — The U.S. Coast Guard says an unknown amount of crude oil has spilled into a bayou in southern Louisiana. The Coast Guard said in a statement Monday night it received a report around 8 p.m. that a tanker on Bayou Teche near Morgan City was being filled with crude oil when the spill began. The statement ...

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