EnergyWatch

News from the Houston Chronicle energy team
A Sanchez Energy well in the Eagle Ford Shale. (Sanchez Energy)

Texas producing 36 percent of US crude

More than one of every three barrels of U.S. crude is pumped in Texas, according to the latest monthly figures from the federal Energy Information Administration.  More »
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Energy executives turn pessimistic about industry’s future

Chief financial officers of some of the largest energy companies are more pessimistic than the rest of the business community on earnings growth, according to a new survey released by the consulting firm Deloitte.  More »
(Photo: freegreatpicture.com)

Encana to unload natural gas fields for $1.8B

Canadian oil producer Encana Corp. has agreed to sell its stake in natural gas-rich fields in Wyoming to a Texas private equity firm for $1.8 billion, the company said Monday.  More »
StormWatch Supervisor Nathan Stanford monitors the weather in the Operations Department at ImpactWeather on Wednesday, Feb. 19, 2014, in Houston.  ImpactWeather provides weather data and other meteorological services to private-sector companies such as oil and gas. ( Mayra Beltran / Houston Chronicle )

Fog forecaster finds loyal customers in energy companies

Meteorologist Mark Chambers devotes much of his time to hurricanes, but on a winter day far removed from storm season, another weather phenomenon piqued his interest: fog.  More »
Refineries fill the landscape along the Houston Ship Channel (Carlos Javier Sanchez/ Special to the Chronicle)

Exxon: Future climate rules won’t curb fossil fuel investments

Exxon Mobil Corp. on Monday cast aside speculation it would retreat from oil sands and deep-water reservoirs, saying it believes that none of its fossil fuel reserves will be stranded because of potentially stringent carbon regulations in the years to come.  More »
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Apache to sell Canadian assets for $374M

Apache Corp. has struck a deal to sell oil and gas acreage in western Canada for $374 million, freeing up cash to reward investors with further share buybacks, the company said Monday.  More »
A team from NRG Energy is installing a 100 kilowatt solar power system at Hospital Bernard Mevs in Port-au-Prince, Haiti, this week. NRG Energy owns Houston’s Reliant Energy. (Photo: NRG Energy)

NRG acquires residential solar company

Energy provider NRG Energy Inc. announced it has acquired a New Jersey-based solar company as part of an effort to help customers interested in generating their own clean power.  More »
(Sam Hodgson/Bloomberg)

Solar power shines in eyes of Americans

Americans are cozying up to the idea of solar power, with four-fifths saying they view it positively, according to a survey released Monday.  More »
File photo of people watching the inauguration a wind farm in La Ventosa, Mexico in the state of   Oaxaca. (AP Photo/Mark Stevenson, file)

Mexico tapping wind potential

The historic overhaul of Mexico’s energy sector could shift the direction of its nascent wind power industry to the huge market north of the border.  More »
In this March 20, 2014 photo, a sign near a gas well drilling site is visible near a road in Pulaski, Pa. (AP Photo/Keith Srakocic)

Neighbors bicker in Pa. over forced gas drilling

Houston-based Hilcorp seeks to use a 1961 Pennsylvania law to drill under the property of four holdout landowners in New Bedford, near the Ohio border an hour north of Pittsburgh. The concept, known as “forced pooling,” means that people who don’t sign leases get bundled in with those who do, to make drilling more efficient and compensate all the landowners.  More »
MicroSeismic founder and CEO Peter Duncan. (Photo/MicroSeismic)

Q&A: Ears go in the ground to aid fracturing

Houston-based Micro- Seismic uses instruments called geophones on the surface or buried underground to capture and analyze sounds from a well while it’s being fractured. The technology, called surface microseismic, allows operators to customize the fracturing while it’s in progress, improving the efficiency of the resulting hydrocarbon extraction.  More »
A fireball goes up at the site of an oil train derailment Monday, Dec 30, 2013, in Casselton, N.D. The train carrying crude oil derailed near Casselton Monday afternoon. Several explosions were reported as some cars on the mile-long train caught fire. (AP Photo/Bruce Crummy)

Feds: Industry hampering oil train safety

U.S. transportation officials rebuked the oil industry Friday for not giving up information regulators say they need to gauge the danger of moving crude by rail, after several accidents highlighted the explosive properties of fuel from the booming oil shale fields on the Northern Plains.  More »