Southwestern Energy Co. said a combination of activity cuts, moderating inflation and operational efficiencies would cut its full-year capital spending by $200 million as it continues to navigate a volatile commodity landscape.
Recent severe weather has left several thousand of Caddo citizens without electrical power. Unfortunately, some residents cannot have their power restored until they have the electrical meter and/or weather box repaired. Also, some residents will have to remove downed trees off of power lines in order to have power restored. Some citizens cannot afford these repairs and Caddo is unlikely to receive FEMA assistance.
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The Louisiana Department of Natural Resources (LDNR) has proposed new rules prohibiting the venting or flaring of natural gas. This would have a devastating effect on stripper producers, local communities, and the state of Louisiana.
Visit the LOGA Tracker to stay up to date with all of the latest legislative action.