Home / Shale News / Haynesville Shale News

Haynesville Shale News

Coal dominates in Texas as energy source

wind, texas, texas energy

According to the Electric Reliability Council of Texas, coal was the number one energy source for Texas in January, reports FuelFix. Coal provided nearly 36 percent of Texas’ energy, followed by natural gas at 30 percent and wind at 20 percent. Natural gas prices increased in January, which led to higher demand for the cheaper coal. Typically, natural gas is the dominant source ...

Read More »

Texas RR commissioner Sitton’s ethics questioned

Texas Railroad Commission, Sitton

When Rex Tillerson, the former CEO of ExxonMobil, was picked by President Trump as secretary of state, immediately there were questions about potential conflicts of interest and the oil tycoon’s ability to made conflict-free decisions in his new role. So he agreed to sell more than 600,000 shares of his company, worth more than $54 million. He gave up potential ...

Read More »

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. ...

Read More »

Edwards vs. Landry in Louisiana O & G lawsuits

Louisiana wetlands

It doesn’t seem to be as much a battle between environmentalists and big oil as it does about a battle between Louisiana Gov. John Bel Edwards and Louisiana Attorney General Jeff Landry. The Louisiana Record reported Dec. 4 that the standoff between the two officials is partly due to the reversal of Judge Stephen Enright Jr.’s decision to allow Jefferson ...

Read More »

Railroad Commission is accused of pay-for-play politics

Texas Railroad Commission, Sitton

The Houston Chronicle reported today that Texas Railroad Commission candidate Wayne Christian has collected nearly $300,000 in political contributions this year, with almost $190,000 from oil and gas interests. Among the top contributors are Exxon Mobil PAC, Jeffrey Hildebrand (CEO, Hilcorp Energy), and Pioneer Natural Resources. His opponents in the race include Libertarian Mark Miller, Green Party candidate Martina Salinas ...

Read More »

In ‘Deepwater Horizon,’ an ecological disaster’s human toll

Deepwater Horizon, Mike Williams, Mark Wahlberg

TORONTO (AP) — The name Deepwater Horizon is synonymous to most with environmental catastrophe and corporate negligence. For Mike Williams, who survived the April 2010 oil-rig explosion by plunging into the Gulf of Mexico from several stories up, it was about something else. “My 11 brothers that got killed were immediately forgotten,” Williams said, speaking from his Sulphur Springs, Texas, ...

Read More »

The Latest: Accord reached on documents in ongoing Gulf oil leak

Company sues feds over funds for decade-old Gulf oil leak

NEW ORLEANS (AP) — The Latest on a court fight over the confidentiality of documents related to an ongoing leak of oil from a site damaged by Hurricane Ivan in 2004 (all times local): ___ 11 a.m. Environmental attorneys and an energy company have agreed to work out differences over the confidentiality of documents concerning an ongoing oil leak in ...

Read More »

Edwards defends contract with top fundraiser for legal work

Louisiana

BATON ROUGE, La. (AP) — Defending his administration’s legal contract with a top fundraiser, Gov. John Bel Edwards on Wednesday accused Louisiana’s attorney general of fabricating politically motivated reasons for rejecting the lawyer’s contract to represent the state in litigation against oil and gas companies over coastal wetland loss. Edwards said Attorney General Jeff Landry either doesn’t understand or is ...

Read More »

Analysis: Turf wars steal spotlight from Louisiana coastal issue

Louisiana, coastal wetlands, coastal loss

NEW ORLEANS (AP) — When a south Louisiana flood board and a few coastal parishes took oil and gas companies to court over coastal wetland loss it looked like a new chapter might be opening in Louisiana: government agencies taking political risks to hold a major industry accountable for environmental damage. Fans of old fashioned Louisiana politics can take heart, ...

Read More »

Oil spill caused by contractor working on island restoration

oil, saltwater spill

NEW ORLEANS (AP) — An oil spill found in south Louisiana this week was caused by a contractor working on an environmental restoration project funded after the larger BP oil spill. The Coast Guard learned Monday that roughly 5,300 gallons of crude oil had leaked into Bay Long, part of Barataria Bay. NOLA.com/The Times-Picayune reports (http://bit.ly/2cosNe9 ) an excavating marsh ...

Read More »