A Lovington trucking company planned to appeal fines it was issued by New Mexico’s Oil Conservation Division (OCD) after allegations that the company dumped produced water from a truck onto State Trust land in a remote area of Lea County. The civil penalty marked the first issued by the State after the OCD was granted …
We’ve already seen oil and gas companies writing down millions of dollars on their assets as they continue to be hit by the COVID-19 pandemic and now a new analysis suggests those write-downs will grow into hundreds of billions of dollars. It’s what a new Deloitte analysis suggests as the shale sector enters what …
The U.S. Supreme Court is expected to hear another pipeline legal fight this week, days after it came out with a ruling in support of a 600-mile natural gas line under the Appalachian Trail in Virginia. On Thursday, the justices will consider whether to grant or deny review or seek input of the Justice …
The idea of oil tanker pirates might be closer to the U.S. after the State department recently warned of pirates in the Gulf of Mexico. Yes, the Gulf of Mexico. Recall if you will these recent headlines and dates. Jul 2, 2019 – Remember those Somali pirates? Earlier this decade, they brazenly hijacked giant oil tankers. Aug …
Houston’s EOG Resources and the state of New Mexico announced successful results of a joint pilot project aimed at reduction of methane gas flaring from the state’s oilfields. EOG, a firm with extensive drilling operations in Oklahoma worked with New Mexico’s Oil Conservation Division, according to a report by the Carlsbad Current-Argus. Flaring, or …
The Supreme Court in Texas has come down with a ruling against the family of an overworked trucker killed in the crash of his rig 8 years ago. The Journal of Petroleum Technology reported the court ruled the way it did because the family could not prove the company knew the accident would happen. …
