Crisis? What crisis?
This year of 2020 is unlikely to be remembered as one that provided the world with perfect vision, as many might have anticipated, given what those numbers often represent. In fact, it is much more likely that 2020 will come to be seen as the antithesis of...
Alaska’s oil industry has huge potential for greater development, with untapped oil reserves under its icy terrain. Yet, many projects have come to a halt in recent years due to environmental pressures and uncertainty about the impact of the drilling and maintenance of oil operations on the environment. Several...
I woke up on July 5 to the realization that the day represented my 40th anniversary in the oil business. On July 5, 1979, I went to work as an accountant for Coastal States Oil & Gas Company after a post-graduation job search that left me with a choice...
A remarkable thing happened at the Texas Railroad Commission these past few weeks. Throughout the contentious debate over proration, a growing chorus of voices on both sides was calling on the commissioners to address flaring — an incredibly wasteful, environmentally damaging practice that has been giving producers a black...
Modern oil companies are going digital. To accomplish that, they are looking for easy-to-install, easy-to-use solutions that solve an immediate problem using cost-effective digital technology. Those three attributes—easy to install, easy to use, and cost-effective—are reshaping well monitoring, and by extension the oil and gas industry as a whole. Well-monitoring...
Permian pipeline connections are beginning to bottleneck, as revealed by Kayrros data. The bottleneck is caused by the pipeline capacity reaching saturation, limiting the flow of oil to storage hubs, which comes at a time when Kayrros sees the output from the basin rising in August 2018. Price differentials...
A recent article at the Energy Information Administration’s “Today In Energy” site reveals an important but seldom appreciated fact about natural gas: that an electricity generating facility using it can achieve capacity factors of over 70%, which is ordinarily more than twice that of solar and wind.
Additionally, gas-fueled power...
The South Texas Energy and Economic Roundtable (STEER) represents the largest operators in the Eagle Ford Shale region. STEER members recognize the multiple benefits of using natural gas in our homes and day to day lives. It’s important that we all look to recognize the multiple benefits of natural...
Congress may have just opened more doors for energy firms looking to develop their green hydrogen sectors by passing a bill that makes renewable energy more attractive. Tax credits for hydrogen production could see the U.S. develop this part of its energy industry, which is currently falling behind Europe...
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...
