In early January, the Department of the Interior released the National Outer Continental Shelf (OCS) Oil and Gas Leasing Program (National OCS Program) for 2019-2024. The draft National OCS Program proposes to make more than 90 percent of the OCS acreage available for consideration for future exploration and development....
The focus of this issue of SHALE Oil & Gas Business Magazine is on managing resources. For a magazine that covers the oil and gas industry, it is only fitting that our focus would be on managing our natural resources — as in oil and gas. For our friends...
Several factors drive the success of America’s oil and gas industry. Today, for instance, technology and innovation are central to our global energy leadership.
But ultimately, two extraordinary resources are at the heart of our industry’s strength — our skilled workforce and America’s tremendous natural resources.
The future growth and prosperity...
Unconventional oil and gas production, until recently, has been largely confined to the United States and Canada. Countries such as China and Poland have made abortive attempts to produce shale oil and gas, with little success to date. Germany and France have banned hydraulic fracturing altogether.
The shale revolution began...
As a part of the community in South Texas, the oil and gas industry strives to be a good neighbor. The management of our natural resources is a top priority. We believe we should all do our part to be good stewards of the environment, contribute positively to the...
For many decades, the Organization of the Petroleum Exporting Countries (OPEC) harbored the ability to control the price of crude oil on the open market, due mainly to the influence of a single member country — Saudi Arabia. Since the 1950s, Saudi Arabia has been blessed with a wealth...
New York City residents worry a lot about that urban air they breathe. Several years ago they started addressing the problem. The NYC Clean Heat program was employed in cleaning up Big Apple air and they’ve done it, thanks to fracing and the pipelines that deliver Marcellus Shale gas...
As we move into 2018, the factors that determine future crude oil prices are setting up almost exactly as they did going into 2017. The single biggest puzzle piece went into place on November 30, when OPEC and Russia agreed to extend their joint export limitation agreement through the...
For years, shale development in the Appalachian Basin has been routinely — and erroneously — met with skepticism. Anti-fracing activists and naysayers from national and regional media outlets have, at times, been quick to discount both the Marcellus and Utica shales with headlines like “Shale Boom? What Happened?”
“Ohio’s Utica...
How LNG Exports are the Solution for Robust US Natural Gas Production
US Natural Gas Production at Record Highs
It’s no secret that U.S. natural gas production, led by the shale boom, is at record highs. In fact, gas production is currently running more than 5 billion cubic feet per day...
