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...
Here in the U.S., we are among the top four countries for gas flaring in the world. According to the World Bank, together with our top-four peers — Russia, Iraq and Iran — we account for 45% of gas flaring worldwide and have done for three years running. What’s...
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...
The oil and gas industry has always been themed with using technology to improve processes. Using a similar approach, companies have sought to improve regulatory compliance and environmental protection. Established during the Obama administration in 2014, seven firms united as Our Nation’s Energy Future, better known as ONE Future,...
The COVID-19 pandemic has created a “new normal” for employers operating in these uncertain times. In the realm of employer-provided medical plans (“plans”), several COVID-related mandates apply, and opportunities are available for employers to expand coverage and provide cost-saving opportunities to employees. If not done already, employers should work...
After thirty years in practice with two law firms, an oil-and-gas company, and my own firm, there were two aspects that made the offer to become a law-school professor at Texas Tech in 2014 intriguing to me: one was the law school’s emphasis on wanting to hire a practitioner,...
Natural gas, a mixture comprising primarily methane and similar light hydrocarbon components, provides a relatively clean energy source for the United States. Thanks to widespread deployment of horizontal-drilling and hydraulic-fracturing technologies in recent years, natural gas is recovered abundantly, so much so that the U.S. now exports its excess...
The business impact and long-lasting benefits drones offer have put them on a clear path to becoming an industry standard. Automated drones have been tapped as one of the next game-changing innovations for the oil and gas industry, largely because of the substantial cost savings they offer. Additionally, drone...
The oil and gas industry today faces many tests and trials. With low commodity prices, reduced demand, changing geopolitical alignment, climate change challenges, regulatory uncertainty, investor rejection of fossil energy, decarbonization, Environmental, Social, Governance (ESG), and everything associated with the “energy transition,” many are asking how the industry will...
In about two months, the election will be upon us.
Television, radio, direct mail, and digital ads are in the air (or on your screen). Unfortunately, so is the aroma of political posturing. Pollsters and pundits would have you believe that there is no chance Joe Biden loses to our...
