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Haynesville Shale News

Guesswork, inconsistency nag U.S. shale oil accounting

HOUSTON/NEW YORK – Steep downward revisions to oil and gas reserves at the end of this year are likely to increase scrutiny of how energy companies tally future barrels – a process that has become more opaque with the rise of shale drilling. The revisions due in December will reflect a deep plunge in crude prices and should not come ...

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Coastal restoration group announces 15-year achievement

THIBODAUX, La. — A Baton Rouge-based habitat restoration program says it has restored 4,500 acres of wetlands in south Louisiana over the past 15 years. The Courier reports the Coalition to Restore Coastal Louisiana announced its achievement on Tuesday during a meeting in Thibodaux. Restoration Program Director Hilary Collis says the organization has recruited more than 11,000 volunteers since 2000. The ...

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LWC data reflects oil, gas industry job losses

The Louisiana Workforce Commission (LWC) has released the state’s latest employment data, representing March’s workforce numbers, and the information reflects the job-loss trend in the oil and gas industry. Louisiana’s seasonally-adjusted job counts for the mining and logging sector—where the oil and gas industry falls—decreased by 600, or 1.2 percent, from February to March this year. Over the last year, ...

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Coast Guard: Fire on gulf oil platform; 28 evacuated

NEW ORLEANS — The Coast Guard says 28 workers were evacuated from an oil production platform off Louisiana’s coast after a fire broke out. A Coast Guard news release says the fire was reported at 2:50 a.m. Friday near Breton Island, which is close to Louisiana’s southeastern coast. Production was shut down and no injuries have been reported. The Coast ...

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1 dead, 1 rescued at construction site trench collapse

COVINGTON, La. — One person was killed when a trench collapsed at a construction site in St. Tammany Parish, Louisiana, north of New Orleans. Another victim was rescued after being trapped in dirt up to his shoulders. The accident happened early Thursday afternoon in the Covington area. Crews from area fire departments were involved in freeing the trapped worker. Jason ...

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Train derails in Louisiana; precautionary evacuation lifted

ADDIS, La. — A precautionary evacuation order issued after four chemical tanker cars derailed in Louisiana has been lifted. The cars derailed Tuesday in the West Baton Rouge Parish town of Addis around 1:30 p.m., news media outlets quoted authorities as saying. Parish officials say the evacuation was lifted early Wednesday. The investigation in the incident continues. Officials say they ...

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Auditor: Oil companies pay too little for oyster damage

NEW ORLEANS — Oil companies that damage the state’s public oyster grounds — for example when they drill wells and lay pipelines — are not required to pay enough in compensation to the state, according to a state legislative auditor’s report. This was one of several findings in a Louisiana Legislative Auditor’s report released Monday examining payments companies make for ...

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Las Vegas woman pleads not guilty to human trafficking

MINOT, N.D. — A 20-year-old woman accused of bringing a 14-year-old girl to North Dakota from Las Vegas and telling her she wouldn’t eat if she didn’t make money has pleaded not guilty to felony human trafficking. Authorities have said Tayari Meadows, of Las Vegas, told police she believed the girl was 18 and that she was helping the girl ...

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North Louisiana sees return to Haynesville, “mini-boom” in Cotton Valley

Like many oil and gas companies, Comstock Resources Inc. struggled through the first quarter of 2015. The Frisco-based company announced a $78.5 million loss for the quarter last week, having taken a beating from low commodity prices across the board. During the first quarter, Comstock produced roughly 91 million cubic feet of natural gas per day (MMcf/day) and 115 thousand ...

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