The energy crunch that started in Europe, extended to Asia and has now become a global problem has turned into the news of the year, temporarily replacing even the pandemic from the spotlight. While to some, it came as a shocking surprise, to those who pay attention to energy...
A Primer On Best Practices in Oil and Gas Bankruptcies–Royalty Owners
The more things change, the more they remain the same. Tumultuous events are certainly nothing new for the energy sector. But with recent events, including historically low oil prices, the Coronavirus pandemic, and a new administration scrutinizing oil and gas production, questions inevitably arise with respect to royalty leases:...
Energy Dominance Dumbinance
Joe Biden may have campaigned on eliminating the death penalty, but now as president, he appears to be ushering in the death penalty for reliable, affordable energy. In one fell swoop, Biden may go down as the one who replaced America’s energy dominance with dumbinance. His preferred tool of death:...
Activity Ramps up Regarding Regulation of Methane Venting & Flaring
Attention over methane leaks, venting and flaring has undoubtedly increased in recent weeks as a number of actions have taken place at the federal and state levels that have significant longer-term implications. Texas and New Mexico In August, the Texas Railroad Commission (RRC) took steps moving it closer to reducing flaring...
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Shanna Keaveny Company name: Texakoma Operating, L.P. Title: Vice President Industry: Oil & Gas E&P Tell me about your company. Established in 1982, Texakoma remains a family operated company. For the past 36 years, Texakoma has established and grown its oil and gas exploration, operation and production business, while remaining focused...
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. Stephanie Sirt Company name: Emerson Automation Solutions Title: Global Senior Director, EPC Business   What does your company or organization do? Emerson provides equipment and solutions to enable customers to automate and optimize processes. What is the primary function of your role? I develop and drive the strategy across EPC partner customer accounts and manage the...
Oil Boom Reaches Sudden End
Oil Boom Reaches Sudden End Concerns over the spread of the coronavirus and its dampening effects on global crude demand combined with the irrational actions of Saudi Arabia and Russia in early March caused crude prices to crater. With analysts like Goldman Sachs, along with the U.S. Energy Information Agency...
The start of the year saw expected winter cold fronts arrive in Texas. Like clockwork from an increasingly coordinated campaign against natural gas, media breathlessly reported an estimated 1 billion cubic feet of gas was flared in the Permian Basin alone, resulting in a 25% reduction in natural gas...
Texas RRC Eschews State-Mandated Production Cuts
The Texas Railroad Commission (RRC) met in open conference on Tuesday, May 5 and put the idea of prorating Texas crude oil production to bed for good. An order to implement proration prepared by Commissioner Ryan Sitton was withdrawn and never acted on, with Commissioner Sitton proclaiming, “proration is...
Campaign Politics: Feeding the Crocodile, Hoping He Eats You Last
In about two months, the election will be upon us. Television, radio, direct mail, and digital ads are in the air (or on your screen). Unfortunately, so is the aroma of political posturing. Pollsters and pundits would have you believe that there is no chance Joe Biden loses to our...
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