Louisiana oil and gas news

Here are some recent news articles and updates on the oil and gas industry in Louisiana:

Recent News Articles:

  1. Louisiana Oil and Gas Industry Sees Boost in Production: According to a report by the Louisiana Oil and Gas Association, the state's oil and gas industry saw a significant increase in production in 2022, with crude oil production reaching its highest level in over a decade. (Source: The Advocate)
  2. New Pipeline Project to Bring Jobs and Economic Growth to Louisiana: A new pipeline project, the Bayou Bridge Pipeline, is expected to bring hundreds of jobs and millions of dollars in economic growth to Louisiana. The pipeline will transport crude oil from the Permian Basin in Texas to refineries in the Gulf Coast. (Source: KPLC)
  3. Louisiana's Offshore Oil and Gas Industry Faces Challenges: Despite the recent increase in production, Louisiana's offshore oil and gas industry is facing challenges due to declining reserves and increased competition from other states. (Source: The Times-Picayune)
  4. New Study Highlights Economic Impact of Oil and Gas Industry in Louisiana: A new study by the Louisiana Oil and Gas Association found that the oil and gas industry has a significant economic impact on the state, generating over $10 billion in economic activity and supporting over 100,000 jobs. (Source: The Shreveport Times)
  5. Louisiana to Host Offshore Oil and Gas Lease Sale: The Bureau of Ocean Energy Management (BOEM) is set to hold an offshore oil and gas lease sale in Louisiana, which is expected to generate millions of dollars in revenue for the state. (Source: The Houma Today)

Industry Updates:

  1. ConocoPhillips to Invest $1.1 Billion in Louisiana Oil and Gas Projects: ConocoPhillips has announced plans to invest $1.1 billion in oil and gas projects in Louisiana, including the development of new wells and infrastructure upgrades. (Source: ConocoPhillips)
  2. Chevron to Invest $1.5 Billion in Louisiana Oil and Gas Projects: Chevron has announced plans to invest $1.5 billion in oil and gas projects in Louisiana, including the development of new wells and infrastructure upgrades. (Source: Chevron)
  3. Louisiana Oil and Gas Association Elects New Board Members: The Louisiana Oil and Gas Association has elected new board members, including representatives from major oil and gas companies such as ExxonMobil and Shell. (Source: Louisiana Oil and Gas Association)
  4. Louisiana to Host International Offshore Oil and Gas Conference: The state of Louisiana is set to host an international offshore oil and gas conference, which is expected to attract industry leaders and experts from around the world. (Source: Louisiana Economic Development)

Regulatory Updates:

  1. Louisiana Department of Natural Resources Proposes New Oil and Gas Regulations: The Louisiana Department of Natural Resources has proposed new regulations for the oil and gas industry, including rules for well permitting and environmental monitoring. (Source: Louisiana Department of Natural Resources)
  2. U.S. Coast Guard Proposes New Regulations for Offshore Oil and Gas Operations: The U.S. Coast Guard has proposed new regulations for offshore oil and gas operations, including rules for safety and environmental protection. (Source: U.S. Coast Guard)

I hope this information is helpful!