Burgess COMMENTARY

Peter Burgess

Oil Field Upstream news: exploration and production, oil field services FOLLOW: (Mayra Beltran / Houston Chronicle)

Exxon fracking report responds to shareholders Posted on September 30, 2014 at 5:57 pm by Associated Press in Hydraulic fracturing | Under pressure from the corporate responsibility group As You Sow, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking. More »

Doug Suttles, Encana President and CEO Encana buying Permian-focused Texas company for $5.9 billion Posted on September 29, 2014 at 6:54 am by Ryan Holeywell in Crude oil, Deals, Eagle Ford, General | Calgary-based Encana Corp. will buy Fort Worth’s Athlon Energy in a deal worth $7.1 billion that will give the Canadian company’s a sizable footprint in the Permian Basin. More »

A drilling rig works the Marcellus shale in Houston, Pa. (AP file photo/Keith Srakocic) Gas drillers draw less water, but concerns linger Posted on September 29, 2014 at 6:15 am by Associated Press in Environment, Natural gas, Oil field services | The gas drilling industry in Pennsylvania is recycling more and more water and one river basin commission now reports drillers there are drawing less freshwater than in the past. More »

(StockMonkeys.com) West Virginia opens bids on drilling under Ohio River Posted on September 28, 2014 at 10:45 am by Associated Press in Crude oil, Exploration, General, Hydraulic fracturing, Natural gas | Noble Energy, Gastar Exploration and Statoil submitted bids with 20 percent royalty rates. State officials plan to pick winners in the next week or two. More »

(Mayra Beltran / Houston Chronicle) In Exxon suit, judge leaves opening for Indonesian villagers Posted on September 24, 2014 at 4:19 pm by Associated Press in Asia, Legal issues, Politics/Policy | Last year, a Supreme Court decision over foreign human rights abuse victims seeking damages in American courts left a small window open for some hoping for restitution. More »

(Tom Reel/San Antonio Express-News) Cabot snaps up more Eagle Ford acreage for $210M Posted on September 24, 2014 at 10:34 am by Collin Eaton in Deals, Eagle Ford, Exploration | With the purchase, Cabot Oil & Gas will add about a third to its land position in South Texas. More »

iNOV Grant Prideco's Engineering Technology Center Sept 18, 2014. A worker at the combined load frame. (Billy Smith II / Chronicle) Publication History: Publication: The Houston Chronicle PubDate: 9/21/2014 - PageNo: 1 - Section: D - Edition: H6 - CIMAGEID: 131712669

Caption: An employee checks machinery at NOV Grant Prideco's engineering technology center. It's part of National Oilwell Varco. NOV completes leadership, business unit shuffle Posted on September 22, 2014 at 9:48 am by FuelFix.com in Crude oil, featured, General, Natural gas | National Oilwell Varco saw a lot of change in 2014, following the naming of its new CEO and the reorganization of its business units. More »

The chairman and chief executive officer Exxon to halt Russian drilling in face of U.S. sanctions Posted on September 19, 2014 at 11:21 am by Robert Grattan in General, Offshore, Politics/Policy The U.S. Treasury Department has given Exxon Mobil Corp. and other contractors a license to wind down operations in the Russian Arctic as the Irving-based company prepares to comply with U.S. sanctions banning joint-venture oil exploration in the area. More »

Scotland's voters arrive at polling places in Edinburgh, Thursday, Sept. 18, 2014. Polls opened across Scotland in a referendum that will decide whether the country leaves its 307-year-old union with England and becomes an independent state. (AP Photo/David Cheskin) Drillers can return to fight oil slump after Scotland’s ‘No’ Posted on September 19, 2014 at 10:03 am by Bloomberg in Europe, Politics/Policy, Production After the failure of a referendum on Scottish independence, Shell and BP say they’ll continue working to combat an energy slump in the United Kingdom. More »

(Flickr/SalFalko) Bakken Shale speculator is charged with arranging murders Posted on September 19, 2014 at 9:32 am by Bloomberg in Hydraulic fracturing Federal prosecutors have accused the owner of a fracking venture of plotting the shooting death of his partner. More »

The Chevron Corp. flag flies in front of the company's administrative building in Richmond, California. (David Paul Morris/Bloomberg) Chevron first energy giant to meet new sustainable shale standards Posted on September 18, 2014 at 9:58 am by Associated Press in Hydraulic fracturing, Production, Shale The Center for Sustainable Shale said Thursday that Chevron Corp. is the first energy company to pass a review of 22 production sites in Pennsylvania, Ohio and West Virginia. More »

( Jay Pickthorn/AP/Statoil). N. Dakota needs $800 million for housing, schools in wake of oil boom, state GOP says Posted on September 18, 2014 at 9:03 am by Associated Press in Exploration, Hydraulic fracturing, Production, Workforce North Dakota Republicans have put forward a plan to spend millions on rising problems in the wake of the oil boom in the state and the population increase that has resulted. More »