2016 March-April Mark A. Stansberry 

The Needed Script

As of this writing, Leonardo DiCaprio, American movie actor, had recently addressed the World Economic Summit in Davos, Switzerland proclaiming that the oil and gas industry is reshaping the world due to greed. We can’t let corporate greed “determine the future of humanity,” he said. DiCaprio stated that “those entities with a financial interest in preserving the destructive system have… Read More
2016 March-April 

API Launches Website to Connect Veterans with O&G Jobs

U.S. Senate Committee on Veterans’ Affairs Member Joe Manchin (D-W.V.) in February joined the American Petroleum Institute (API) to launch the Veterans Energy Pipeline, a new web-based tool that will help connect current members of the armed forces and veterans to civilian employment opportunities in the oil and natural gas industry. “Our goal is to build on the successes of… Read More
2016 March-April Louisiana 

FERC Releases Environmental Assessment on Northern Supply Access Project

The Federal Energy Regulatory Commission (FERC) on Feb. 3 released an environmental assessment for the Northern Supply Access Project, which was proposed by Texas Gas Transmission, LLC. Texas Gas Transmission has requested authorization for the construction and operation of natural gas facilities to be located in Ohio, Indiana, Kentucky, Tennessee, Mississippi, and Louisiana. This proposed project is an effort to… Read More
2016 March-April Louisiana 

Swift Receives OK to Sell Louisiana Assets

Swift Energy Co. in early February received approval from a U.S. bankruptcy judge to sell its oil and gas assets in Louisiana. The company last December had announced it had reached a deal in which Texegy LLC would purchase a 75 percent share of Swift Energy’s holdings in the South Bearhead Creek Field and Burr Ferry Field areas located in… Read More
2016 March-April Louisiana 

Gulf Coast Western to Develop Position in South Louisiana

Gulf Coast Western in January said its subsidiary, Orbit Gulf Coast Exploration, has acquired substantially all of the assets of Lafayette, La.-based Orbit Energy Partners. The acquisition included proprietary rights and access to hundreds of square miles of 3D seismic data in Southwestern Louisiana, working interests in 13 producing wells and 140 defined drilling locations with approximately 30 million barrels… Read More
2016 March-April Oklahoma 

MVP Acquires Oklahoma Oil Pipeline

MVP Holdings said on Feb. 1 that it has acquired the Great Salt Plains Pipeline. The company said the transaction, which was conducted through several of its subsidiaries, included the acquisition of trucking and marketing assets in Oklahoma and Kansas from affiliates of JP Energy Development for an undisclosed sum. “This acquisition fits extremely well with our long-term vision of… Read More
2016 March-April Texas 

Hegar Kicks Off ‘Good for Texas Talks’

Texas Comptroller Glenn Hegar in early February kicked off his “Good for Texas Talks” series by visiting with former Texas Agriculture Commissioner and current president of the Texas Oil and Gas Association, Todd Staples. Hegar and Staples discussed the slumping price of oil and what it means for Texas’ economy and its industries. Here’s a look at what they said:… Read More
2016 March-April Texas 

FERC Delays Release of EIS on the Golden Pass Pipeline Project

The Federal Energy Regulatory Commission (FERC) has revised the release date on an environmental impact statement (EIS) for Golden Pass Products, LLC and Golden Pass Pipeline, LLC’s Golden Pass Liquefied Natural Gas Export Project, FERC said on Jan. 29. FERC set a new release date of the final EIS on July 29, moving the 90-day federal authorization decision deadline out… Read More
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