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Chesapeake sells Haynesville assets for $450m

Chesapeake

Chesapeake Energy Corp. (NYSE: CHK) will sell a portion of its acreage and producing properties in northern Louisiana’s Haynesville Shale for about $450 million, the Oklahoma City-based company announced Dec. 5, according to a recent article in the Houston Business Journal. While the HBJ said the buyer was undisclosed, Reuters sources revealed the buyer as Indigo Minerals LLC, a competing natural gas producer. ...

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Trump’s picks leave energy industry optimistic

oil men, Trump, cabinet

For those who have been frustrated with the Obama Administration’s policies on climate and energy, Trump’s choices of several oil men for executive positions have those in the oil and gas industry feeling optimistic that change is coming. A Fuelfix article earlier this week reminds us that government and oil haven’t always gotten along. Ever since the U.S. Supreme Court ...

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Reducing Refrac Risk – A Strategy for Success in Uncertain Times

refrac, fracking, bob barba

The World Bank has forecast crude oil prices around $55 per barrel in 2017. Yet there is considerable uncertainty around the outlook. Ongoing negotiations among OPEC producers, and China’s transition from a manufacturing to a service-based economy, will both affect an already volatile market.  So, which companies will be in the best position to not only survive—but thrive—during times of uncertainty? ...

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Aggreko’s automated power control kit cuts fuel costs

power automation, aggreko

Houston–Power generation and HVAC specialty rental company Aggreko, plc has launched a unique power automation system that eliminates idling and saves up to 65% in fuel costs. The unique technology also reduces emissions, regardless of the fuel source. Aggreko’s scalable power automation systems can be retrofitted on diesel and natural gas generator sets and incorporates a hybrid battery control kit ...

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Practical Weatherization Tips: Beyond Caulking

weatherization, spray foam

Keeping your house warm while staying inside your budget isn’t always easy. As the cost of energy goes up with the impending recovery in the oil sector, commercial and residential power sources will follow suit, as they traditionally have in the past.  One way to keep your energy costs under control is to make sure your home is well equipped ...

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Giving back to the community builds a strong corporate bond

LTR

It is truly rare when you find a company that is more interested in helping others than helping itself.  It takes a leader who believes in paying it forward, and knowing that having a corporate reputation as a company that gives back to the community will pay off in so much more than money. That’s been the case at Light ...

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2016 Texas Oil & Gas Awards Winners Announced

oil and gas awards

The 4th annual Texas gala ceremony was held in Houston on November 3rd at DoubleTree by Hilton Houston Greenway Plaza where hundreds of oil and gas executives gathered together to celebrate leading companies in operational excellence, innovation, corporate social responsibility, health and safety as well as environmental stewardship. Congratulations to our 2016 Texas Oil & Gas Awards Winners: Trucking Company of ...

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OPEC must enact cuts for sustained oil price rise, IEA says

Oil Field in Desert

PARIS (AP) — The International Energy Agency is urging OPEC countries to swiftly deliver on promised production cuts if they want to see a sustained increase in oil prices that will also help shore up their economies. In its monthly report Tuesday, the global watchdog said production from the Organization of the Petroleum Exporting Countries hit a record high in ...

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I never used to believe testimonials until I became one

spray foam insulation

As an industrial writer, I run across case studies and case histories for companies I work with all the time. Most of the time I take those with a grain of salt, figuring a company isn’t going to tout a case study when their product didn’t work. So I was intrigued when I was asked to write a story about ...

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