IMG 7767
The South Texas Energy and Economic Roundtable (STEER) hosted the sixth annual Eagle Ford Excellence Awards. 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 were the recipients of the 2018 Eagle Ford...
Commodity Hedging
For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
Midterms
As the dust settled on election night 2018, we now begin to evaluate the consequences that the election’s results may carry with them. Specifically, how could the election and the changes it brings impact the oil and gas industry? First, the good news: In Colorado, Proposition 112 was handedly defeated,...
XIMG 8972
The San Antonio Pipeliners Association (SAPA) hosted the seventh annual Midstream Classic, a scholarship fundraising event Nov. 16 at the Hyatt Hill Country Golf Club. The event had a great turnout, including over 30 event sponsors. photos courtesy of shale
Water Drop
This January, as many Texans recover from the holidays and gaze into what some folks call winter here, members of the Texas Legislature will gather in Austin to be sworn in for the 86th legislative session. The Texas Legislature is charged with meeting for only 140 days every two...
Crude Oil Port CC
The Port of Corpus Christi Authority reached several milestones in the development of the crude oil export terminal on currently planned for Harbor Island, Texas. Corpus Christi-based Lone Star Ports, LLC (Lone Star Ports) will lead the development of the Terminal, the first U.S. onshore export terminal servicing fully-laden Very...
Advancing Technology Oilfield Jan Feb 2019
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...
War on Coal
First, they came for the coal industry, and I did not speak out — Because I was not in the coal industry. The battle over carbon will play a significant role in the long-term development of the tight oil plays in the United States. There is yet another push for...