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Twin US Gulf Coast Storms Stir Deep Production Cuts by Energy Giants

2020-08-24 18:05:00| OGI

Oil and gas firms had shut wells in the U.S. Gulf of Mexico accounting for 1 million bbl/d of oil on Aug. 23, as one storm is forecast to become a damaging Category 2 hurricane.

Tags: production energy deep coast

 

Chart: Gulf Coast Rig Count as of August 14, 2020

2020-08-14 07:00:00| OGI

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

Tags: august count coast chart

 
 

Duke Takes $1.6 Billion Charge to Exit Atlantic Coast Pipeline

2020-08-10 21:35:00| OGI

Duke Energy said it took a $1.6 billion after-tax charge for the cancellation of the Atlantic Coast natural gas pipeline. Project partner Dominion already took a $2.8 billion charge related to the cancellation.

Tags: takes charge coast exit

 

Chart: Gulf Coast Rig Count as of August 7, 2020

2020-08-07 07:00:00| OGI

Arkansas, Louisiana, Mississippi and Texas RRC Dist. 1, 2, 3, 4., 5, 6, inland, offshore

Tags: august count coast chart

 

Dominion Takes $2.8 Billion Charge to Exit Atlantic Coast Natgas Pipe

2020-07-31 18:24:50| OGI

U.S. energy company Dominion Energy Inc. said July 31 it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

Tags: takes charge coast exit

 

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