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Outside the Diablo Canyon nuclear power plant at Avila Beach, California, U.S., on Friday, March 30, 2012. Photographer: David Paul Morris/Bloomberg

Feds approve new nuclear reactors near Houston

Two hurdles for the projects could delay NRG’s plans indefinitely, however.
(Photographer: Eddie Seal, Bloomberg)

Drillers shut down dozens of rigs last week, biggest pull-back since April 2015

Losses in the oil patch deepened in the second half of 2015 and into 2016 along with plummeting prices of crude.

Eagle Ford oil theft defendant headed to prison

The first defendant accused in an Eagle Ford Shale oil theft scheme was sentenced Wednesday in Del Rio.
Part of the containment vessel for a new nuclear reactor at the Plant Vogtle nuclear power plant is under construction in Augusta, Ga. (AP Photo/John Bazemore, File)

South Texas is hotbed for nuclear fuel, USGS says

The uranium oxide is located in sandstone formations throughout the South Texas coastal area nearer the Gulf of Mexico. The area already has two active mines with companies actively exploring for uranium.
(Getty Images)

Permian Basin output growing, but other top shale plays to fall

The Permian is one of the outliers — the only other play expected to grow over the next two months is the Utica in the Appalachian region.
(Screengrab, via Youtube)

Massive pipeline explosion in Encinal under investigation

The explosion occured at around 4 a.m. at a facility operated by Lewis Energy Group, a San Antonio-based oil and gas company.
eagle ford oil production since 2007

Eagle Ford, Bakken, Niobrara shale plays set to lose nearly 115,000 barrels per day of production next month

The EIA said in its Drilling Productivity Report that overall U.S. oil production would fall 93,000 barrels per day to 5.12 million bpd total in November, the largest decrease recorded in the agency’s data going back to 2007.
Report: Oil falling, but Eagle Ford, Bakken output on the rise

TPH: Production from Big Three shale plays will suffer with $50 oil

The lingering crude slump is expected to drive down production next year in the nation’s premiere oil patches — West Texas’ Permian Basin, South Texas’ Eagle Ford and North Dakota’s Bakken shale.
Karnes County Eagle Ford 10 jl

Enervest buys up Eagle Ford acreage for $125 million

The sale of Alta Mesa Eagle to EnerVest, which is expected to close by the end of the month, includes 7.8 million barrels of oil equivalent in reserve, most of which are in Karnes County, one of the most active regions within the South Texas shale play.
(Spencer Platt/Getty Images)

Abraxas CEO trims his own pay

Robert Watson, San Antonio-based Abraxas Petroleum Corp.’s chairman, CEO and president, volunteered to cut his own pay by 20 percent, according to a Securities and Exchange Commission filing. “We take great pride in aligning our interests with shareholder interests,” Watson said in the filing. “As our shareholders continue to suffer from a difficult environment caused