Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
With the COP28 conference behind us, the world is buzzing about alternative energy sources again. Nations around the globe have been implementing the latest technology to generate electricity from other sources than fossil fuels, like coal, oil, and natural gas. As the planet migrates towards alternative and renewable energy,...
U.S. shale gas production shows a first-time decline, raising questions about future output stability.
Decreased profitability from low gas prices has led to a significant drop in active rigs, impacting shale plays.
The Energy Information Administration (EIA) forecasts modest rebound potential for U.S. natural gas in 2025.
The Shale...
The U.S. has directed huge investments toward solar and wind power projects in a bid to rapidly develop its renewable energy industry. But this is not the only green potential America is setting its sights on, with a surge in interest in geothermal power over the last few years....
Guest submission by Phil Cruver
The Borehole Battery offers a solution for addressing Asset Retirement Obligations (ARO) in the oil and gas industry by utilizing IRA tax credits. This commentary explores the growing concern of underfunded Asset Retirement Obligations (ARO) within the oil and gas industry. It discusses the Investment...
Since the introduction of the Biden administration’s Inflation Reduction Act (IRA) and other funding policies, several states across the U.S. have benefitted from investment in green energy, tech, and other sectors. While recent funding policies offer widespread public spending across the U.S., some unexpected states are benefitting from the...
In the bustling world of the oil and gas industry, one subject captures the essence of exploration and production activities - mineral rights. The acquisition of these rights plays a significant role in the industry, acting as the linchpin of successful extraction and processing operations. This article unravels the...
The U.S. is developing its geothermal energy capacity through investment in research and development, as well as several new production projects across the country. National policies and schemes, such as the Inflation Reduction Act (IRA) and the U.S. Department of Energy’s (DOE) Geothermal Technologies Office’s (GTO) 2022-2026 Multi-Year Program...
Guest writer: Shalini Nagar - Jr. Content Writer at Research Nester
The oil and gas industry is growing at a 7.2 percent compound annual growth rate (CAGR), and it is currently valued at $1.3 billion. This industry has been a significant driving force for the global economy due to growing...
As pressure to curb carbon emissions mounts ever higher, oil and gas companies are looking at ways to reduce their CO2 output. The long-practiced technique of gas flaring is no longer acceptable in countries looking to dramatically reduce their impact on the environment, meaning that oil firms are rapidly...
