No full-time oil and gas expert in MNR –Mangal – Stabroek News

collected by :Frank Ithan

Government needs to do a proper job on analyzing Liza Phase 1 before it approves the Liza Phase 2 Field Development… So when the documents for Liza Phase 2 two comes in this year, the people who would have been hired would check against Liza Phase 1," he added. "Liza Phase 1 has already been approved. "I am not proposing they stop Liza Phase 1, which has already been approved. These two developments are also the same but Phase 2 is bigger… Government needs to do a proper job on Liza Phase One before it approves Liza Phase Two," he added. "To get up to speed and be productive that means the approval of Liza Phase Two should be next year.

These six species are about to be sacrificed for the oil and gas industry

Republicans in the western United States have been trying to whittle away the Endangered Species Act (ESA) since Donald Trump took office. Here's how certain species might be affected:Photograph: Jim Lo Scalzo/EPAThe polar bear – and other threatened arctic species – face perhaps the greatest risk under Trump's proposed approach. A defense-spending rider would prevent a listing for 10 years, while the interior department's proposed rules mean any protections would be weighed against potential oil and gas profits. Threatened coho are more likely to lose out with the new rules, and they're competing with two endangered species of sucker fish upstream. Holistic management of threatened species could help, but under a case-by-case approach, coho aren't likely to make gains.

Texas Petro Index shows strong oil and gas economy

as mentioned in Texas Petro Index shows strong oil and gas economyLarry Zelisko | Abilene Reporter-NewsThe Texas upstream oil and gas economy is expanding at a remarkable rate, according to Karr Ingham, developer of the Texas Petro Index. The Texas Petro Index — a measuring device tracking growth rates and business cycles in the Texas oil and gas industry — increased for the 19th straight month in June. "We've seen extraordinary expansions in Texas oil and gas activity over the 23-year history of the Texas Petro Index," Ingham said in a news release. Natural gas production has grown more slowly, mostly because producers are not actively drilling for natural gas in Texas. Over 35 percent of Texas natural gas production is classified by the Railroad Commission as "casinghead gas," or gas associated with crude oil production, he said.