Collin Eaton joined the Houston Chronicle's team of energy reporters in 2013, after covering the financial industry for another publication. He writes mainly about U.S. oil companies and developments in international oil markets.

Article 1237
Oil jobs rebound as U.S. drilling fleet grows for 5 straight months

American oil producers put up another eight drilling rigs this week in fields stretching across West Texas, Colorado and North Dakota, bringing workers back into the oil patch after a job-killing oil bust. By conservative estimates, the surge in U.S. drilling has brought back more than 15,000 jobs b ...

Drillers still haven’t budged on more than 100 big projects costing $300 billion

Oil companies have approved more big projects this year than the whole of last year – from BP’s expansion in the Gulf of Mexico to Eni’s deep-water liquefied natural gas facility off Mozambique. But the industry’s long list of delayed projects continues to grow this year as drillers wait for higher ...

EIA’s monthly U.S. oil estimate lags weekly data

Oil production in the United States has climbed by 318,000 barrels a day since OPEC began cutting its output this year, new monthly data show. But it may not be coming in as fast as the U.S. government predicted. Domestic oil output grew to about 9.09 million barrels a day in March, up from 9.03 ... ...

Exxon investors vote for report on climate impact to reserves

  DALLAS — Exxon Mobil investors passed a resolution on Wednesday asking the company to publish an annual report on the impact of climate change policies on the value of its sprawling oil and gas operations. At the oil company’s annual meeting in Dallas, 62.3 percent of shareholders ...

Exxon Mobil to clash with climate activists, investors at annual gathering

DALLAS – Exxon Mobil will clash with activist investors again on Wednesday at its annual meeting in downtown Dallas, where shareholders will weigh nine proposals related to the company’s impact on climate change, methane emissions, compensation for women and lobbying. For the second year ...

Big rigs are helping drillers pump more for less

On a drilling rig towering above quiet cattle farms in Southeast Texas, Eric Williams perched inside the cabin of the 16-story machine, twisting a pair of joysticks to guide a gigantic wrench roaring into action, drowning out every sound as it reached for a 1,500-pound pipe emerging from the earth. ...

Linn Energy sells Wyoming field for $71.5 million

Linn Energy plans to sell a stake in a Wyoming oil field for $71.5 million, the latest in a string of sales it’s using to pay off its debts, the Houston oil producer said Tuesday. The sale of 5,000 net acres in the Salt Creek Field would put the value of Linn’s asset sales at ... ...

U.S. rig count up in 19th straight weekly increase

Drillers dispatched another seven oil and gas rigs to U.S. fields over the past week, Baker Hughes said Friday, marking the rig count’s 19th consecutive weekly increase. That increase brought the nation’s active rig count up to 908, up from a record low of 404 this time last year. Five o ...

Fire at Anadarko oil tank site kills worker, injures 3

A fire at an oil tank battery owned by Anadarko Petroleum Corp. killed one worker and injured three others in Colorado on Thursday afternoon, authorities and the company confirmed. Contracted workers were doing maintenance work at an oil tank facility near Mead, Colo., when an oil tank battery ignit ...

Petrobras, Shell fire up pre-salt oil field off Brazil

A first-of-its-kind vessel owned by Petrobras and Shell has begun pumping oil off Brazil in one of the world’s most lucrative deep-water basins. Shell said Friday the companies fired up their first cloned offshore vessel assembled with standard parts and equipment in the pre-salt Santos Basin, a pro ...

More