As oil operations wind down in several depleted oilfields, energy companies are looking for ways to repurpose old infrastructure to cut costs and support environmental efforts. It is extremely expensive to disassemble and transport old oil rigs, meaning that many companies have sought out alternative uses for the structures...
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...
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,...
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...
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...
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...
A sleeper pick may win the race for the next generation of green energy. Hydrogen fuel is not new to the green energy race but has largely fallen under the public radar. With hydrogen being the most abundant substance in the universe and having about 2.8X the amount of...
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...
On Tuesday, General Motors (GM) announced investing in lithium technology startup and Shale Magazine cover alum, EnergyX. The investment is part of GM's efforts to secure long-term lithium supplies, a critical component in electric vehicle batteries.
With the global supply chain still tumultuous amidst geopolitical and economic turmoil, the deal...
