Archives for 2017
Texas adds 16 rigs, but panhandle wins; only 2 in Permian
The number of oil and gas rigs in U.S. fields rose for the fifth straight week, another sign of optimism in the industry, despite stagnating oil prices. This week’s count jumped 10, a boom of...
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Enbridge on track to close Spectra acquisition in March
Canadian pipeline giant Enbridge is on track to close its $28 billion acquisition of Houston-based Spectra Energy in March as originally planned, the companies said. They confirmed the U.S. Federal Trade Commission signed off on...
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Market Currents: Imports, production boosting inventories
Oil is ticking lower today, under the weight of record crude and gasoline inventories, but with OPEC production cuts providing a supportive backdrop (…and peeking around the curtain). As Friday afternoon approaches, and the prospect...
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Coal leading energy source for Texas in January
Coal was the top power source for Texas in January, a spot typically held by natural gas, according to data compiled last week by the Electric Reliability Council of Texas, which oversees power for most...
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Oil and gas deal makers say rebound is here
The wheeling and dealing started at NAPE, the nation’s largest conference for buying and selling oil and gas land, when Houston’s George R. Brown Convention Center floor opened Thursday morning. And the land men and...
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