2021 Oil and Gas Industry Outlook
Here at the end of 2020, we are pausing and reflecting on what we can expect for 2021. I think most people are hoping for and expecting a better year in 2021 than we had in 2020. Of course, only time will tell if the new year will be...
Biosurfactants: The ESG-Friendly Technology Reviving Shale Profitability and Production
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...
ONE Future Pursues One Goal
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,...
2021: What now for flaring?
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...
Yes, the Blue Wave Hit a Red Brick Wall, but Now What?
With all elections, we must recognize there are a multitude of factors that determine the results. Despite the consistent success delivered by the Trump administration in energy and environmental policy, Joe Biden has secured the necessary votes in the Electoral College to officially seal President Trump’s fate as a...
INSTEAD OF A PREDICTION, HERE’S A PLAN
The theme for this issue is the outlook for the oil-and-gas industry in 2021. That is an impossible task, even under the best of circumstances. But when you add a little pandemic and a lot of political uncertainty, given the express animosity towards the new industry from the new...
For Jim Wright, Looking Out for Texas is a Way of Life
Jim Wright, Texas’s newest addition to the Texas Railroad Commission (RRC), learned the value of hard work growing up on a working ranch — one with its own mining business to boot — near the tiny settlement of Bluntzer, Texas. The lessons he learned at a young age served...
Some Reasons for Optimism at the End of a Troubling Year
One would have to dig deep to find a year that has been more difficult for the U.S. oil and gas industry than 2020, an effort likely to end up being futile. As dark as this year has been, however, a quick look back at recent history shows that...
Eating Well in the New Year
At this time of the year, many become diet conscious and look for healthier foods. Of course, part of a better approach is moderation in quantity. And Julia Child’s advice to keep moderation in moderation is classic. I offer two recipes that are moderately caloric yet delicious and, as...
Oil and Gas and the Economy in 2021
What began last March as a brief relocation from the office to a work-at-home setting eventually transitioned into something much more. The weeks bled into months, ultimately extending over the course of the year for many folks. The brake on economic activity resulting from the COVID-19 pandemic sapped more...