The federal government believes daily U.S. crude production fell to 9.3 million barrels in June, down by 100,000 barrels in the prior month, as low oil prices continue to discourage drilling. 132 more words
Tags » Eagle Ford
Never mind Mexico’s oil reform. These days, the action is in natural gas.
Since last year, when new laws made it easier for foreign companies to export gas to Mexico, there’s been more than $10 billion of planned or completed pipeline investments announced by companies such as Dallas-based Energy Transfer Partners LP. 756 more words
There was a lot of talk last week, some good and some bad, about how Texas energy is engaging with both Mexico and Iran. Another highly discussed topic was how deepwater was not getting a great reception from some major energy entities and how the Eagle Ford shale was not shaping up to anticipated levels. 480 more words
Lucas Energy records bigger net loss, still pursuing strategic alternatives - Houston Business Journal
Houston-based Lucas Energy Inc. (NYSE MKT: LEI), which has been struggling to improve its financial footing, reported its net loss for fiscal year 2015 increased 9.4 percent over the previous fiscal year’s net loss. 226 more words