Our Blog
Halcon Cuts Drilling Effort in Response to Price Drop
“Rigzone” reports that Halcon Resources Corp., which operates in the Bakken and Eagle Ford shales, is revising its drilling budget in response to recent decreases in the price of crude oil. While original plans called for an 11 rig program in 2015, the company now anticipates only 6. Not all Bakken operators are following suit… Read More
Mary in Music City: Rudy Energy at the NALTA Convention
Russell T. Rudy Energy, LLC, supports both the local (ALTA) and national (NALTA) associations of lease and title analysts. We are proud to regularly attend local meetings, and advertise in publications. Earlier this fall, our Land Administration Manager, Mary LeMond, represented us at the NALTA convention in Nashville. This was a great opportunity to stay abreast of… Read More
New Texas Railroad Commission Regulations for Disposal Wells
Back on August 29 of this year I posted on our blog (https://rudyenergy.com/texas-railroad-commission-proposes-disposal-well-rules-change/ ) the proposed revisions to the Texas Railroad Commission (TRRC) Regulations empowering it to: -Require applicants for new disposal wells to search the U. S. Geological Survey seismic database for historical earthquakes in the area. -Curtail or shut-in operations of existing disposal… Read More
Price Drops Not Temporary per IEA
The International Energy Agency predicts that oil prices will not return to previous levels in the near future. Prices have dropped 30% since June due to a strong U.S. dollar and increased shale oil production. These factors, in concert with lower Chinese economic growth, will prevent a price recovery during the first half of 2015. … Read More
House Passes Keystone Pipeline Bill but it Faces Senate Vote and Potential Veto
“Rigzone” reports that on Friday the U. S. House of representatives passed Representative Bill Cassidy’s (R-LA) Keystone Pipeline bill 252-161. Marie Landrieu (D-LA), the Chairman of the Senate Energy Committee is now co-sponsoring John Hoeven’s (R-ND) companion bill in the upper chamber. Given that Cassidy and Landrieu are facing each other in a run-off election… Read More
