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 An order to implement proration prepared by Commissioner Ryan Sitton was withdrawn and never acted on, with Commissioner Sitton proclaiming, “proration is...
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The world is changing and Texas is changing with it. Social contracts, corporate citizenship and sustainability are common terms in today’s energy boardroom discussions. These are no longer buzzwords; they are principles that help shape the regulatory framework in our State. One readily hears the echo of the social...
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When you first meet Bob Callender his energy and vision are infectious. He is passionate about what he does and with whom he surrounds himself. Looking at his photography, it’s easy to recognize his commitment to excellence and desire to be the best at what he does. Callender credits...
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Updated December 14th, 2018 With improvements in technology driving down the break-even cost for the production of oil in the rich shale plays of West Texas, the Permian Basin has become more attractive to exploration and production (E&P) companies over the past few years. Since the beginning of 2016, oil...
Can hydrogen and renewable natural gas displace shale?
"The project reveals that the environmental movement is a multi-billion dollar industry that has coöpted Americans’ desire for clean air and water into a political juggernaut that leverages government to block access to affordable, reliable energy" In American energy politics today, there is an alleged David vs. Goliath battle underway....
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For decades, Ohio, Pennsylvania and West Virginia have watched an overwhelming number of manufacturing jobs — particularly steel manufacturing jobs — leave the United States, which led to the region being nicknamed the Rust Belt. During the same time period, the middle class started to shrink and union households...
Undelivered Promises of Climate Action has run arash and spreading across Texas cities. Its recent victims have included Austin, Houston, and, most recently, San Antonio. This disease is worse than most, primarily because it encourages magical thinking, triviality and rhetoric in the place of calm, sober, clear-eyed thought. These Texas...
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A new analysis of the nation’s major shale gas plays has revealed that the amount of natural gas that can be technically recovered from future well locations has increased by 20 percent compared with an estimate made about five years ago, even while active drilling has depleted...
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It’s long been a mission at SHALE Oil & Gas Business Magazine to promote the good works of area nonprofit and not-for-profit organizations. We have a unique view of the community work done by many of these charitable organizations. Accordingly, it became obvious to us that we have an...
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Following years of suppressed market conditions, many view 2017 as the comeback year for the U.S. oil and gas industry. In the wake of the crude oil price collapse in 2014, U.S. production for both crude and natural gas flattened, then dropped through 2016. And even though prices for...
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