Shale is a big part of the U.S. energy industry supplying more than 63% of gross domestic oil and gas production, but it’s getting hit hard. Drilling new wells to offset steep production declines is difficult in the current capital-constrained environment. Current lower oil prices and decreased demand have...
G7 agrees to Russian oil price cap, Putin shuts down Nord Stream, again, China locks down, again, widespread demand destruction, OPEC production cuts, unsustainable energy inflation across Europe, war in Ukraine, public sentiment, ESG visibility—
In a period defined by global uncertainty still coming out of a global pandemic and...
NEPA Reforms and Their Impact on Shale
Environmental activists who have been critical of President Trump’s proposed regulatory reforms have engaged in abusive litigation practices that delay vital infrastructure projects making it necessary to revisit the federal rulemaking process, according to congressional figures and energy policy analysts.
In January, Trump detailed...
During hydraulic fracturing well stimulation, one of the costliest setbacks that can occur is a screen out, a condition in which pump pressure levels unexpectedly rise rapidly in excess of the safe-operating parameters of the wellbore or wellhead equipment. This condition, which occurs in up to 25% of well completions,...
PESA’s mission is to promote all that oilfield service, supply and manufacturing companies are doing to lead innovation across the industry. We work to elevate the understanding that these companies are actively developing the tools and technologies to harness our resources more safely, efficiently and with a smaller environmental footprint.
Oilfield...
One of the oil and natural gas industry’s near-term priorities was passage of a U.S. Congressional Review Act (CRA) resolution overturning the Bureau of Land Management’s (BLM) methane venting and flaring rule. The CRA provides a streamlined process for Congress to disapprove of a federal rule adopted in 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...
In case you hadn’t noticed yet, the oil and gas industry in the U.S. has not only recovered from its terrible, COVID-generated bust of 2020, it is actually now in the midst of a modest boom. It is not the leasing, drilling and fracking boom the industry experienced from...
Thanks to its heavily discounted crude, Russia has won China’s favor over the last year, at certain points even overtaking Saudi Arabia as the country’s main exporter. The Russian invasion of Ukraine early last year, and subsequent sanctions on Russian energy, have led Russia to reduce the price of...
How did a woman, born and raised in Florida, with a degree from prestigious Smith College in Massachusetts find her way to the Bakken oil patch and fall in love with western North Dakota?
As I found out, it’s an interesting story.
Job opportunities in the Bakken are numerous and growing...
