We are going to learn some definitions and terms to help professionals from industries other than those in the energy sector better understand the natural gas side of the petroleum business. When a company goes out to drill a well, they are generally looking for either oil or gas....
Associated natural gas continues to be an issue for producers in North Dakota. While the Bakken’s rich natural gas is a valuable commodity, even at current prices, the geography and logistics in western North Dakota make gas capture and processing complicated and expensive. Direct costs related to natural gas...
Most of the time it is difficult, if not impossible, to recognize that a major sea change is taking place — especially when it is just getting started. The Barnett Shale seemed to burst on the scene around the 2004-2005 timeframe as an instant success. Like most every overnight...
A series of very remarkable factoids about the U.S. oil and gas industry have come to light in the past few months. Among those are:
• U.S. reserves for both oil and natural gas reached all-time record highs in November;
• The U.S. actually became a net exporter of petroleum liquids...
STEER recognizes those going above and beyond in the Eagle Ford Shale
The South Texas Energy and Economic Roundtable (STEER) honored Energy Waste, Cheniere Energy, Resirkulere, CPS Energy, EcoVapor Recovery Systems, OmniTRAX, CASA of Bee, Live Oak and McMullen Counties and the George West Education Foundation as the recipients of...
Happy 2019! The shale revolution, marked by the harmonic convergence of horizontal drilling, hydraulic fracturing and an endless supply of oil and natural gas naturally present in the United States, has not only demonstrated incredible staying power, but it has also ushered in nothing short of a geopolitical realignment...
The Texas Alliance of Energy Producers has long been the owner and purveyor of the Texas Petro Index (TPI), an upstream (exploration and production) activity index that tracks growth rates and business cycles in the statewide Texas oil and gas exploration and production economy. The TPI, introduced by the...
Make no mistake, the Bakken is a tight oil play, and a very good one. But the Bakken, especially in the core areas, is a bit gassy. The latest challenge facing operators and regulators in North Dakota is what to do about the natural gas produced as wells are...
As you might have all read in industry news, the South Texas Energy and Economic Roundtable has seen a change in leadership. After 6 years, Omar Garcia, STEER’s founding President and CEO, accepted an offer as the Port of Corpus Christi’s Chief External Affairs Officer. While we are sad...
The Petroleum Equipment and Services Association (PESA) is the national trade association for the oilfield services and equipment sector. PESA’s goal is to elevate critical issues and amplify the voices of stakeholders sector-wide, highlighting the innovation, job creation and energy security provided by the strong value chain of oil...
