Trump has started providing lower royalty rates to producers on federal lands who couldn't continue to operate those leases at normal rates.
West Texas has a permanent power problem. According to the Dallas Morning News, the Permian Basin, which produces almost 4 million barrels of oil a day, expanded so quickly that the electricity suppliers who are needed to keep wells running are struggling to keep up. In the article, an oilfield...
A State of Denial: New York’s Natural Gas Blockade
Pipeline Blockade is Making Things Worse for New York's Natural Gas When it comes to energy issues, New York long ago plunged over the cliff. Now, it has attached booster jets to its heels to accelerate toward the bottom. Worse, one fears Governor Cuomo knows exactly what he’s doing — simply...
The oil and gas industry is facing strong competition in attracting science, technology, engineering and mathematics (STEM) talent, with 44% of STEM Millennials and Generation Zs (Gen Z) interested in pursuing a career in the oil and gas industry, compared to 77% in the technology sector, 58% in life...
green new deal
This past February, Alexandria Ocasio-Cortez’s office released an updated version of her Green New Deal bill. The 14-page document presents forecasts of the potential impact of climate change outlined in terms of mass migration, $500 billion in annual lost economic output by 2100, increased wildfire activity, loss of coral...
The Ingleside Chamber of Commerce hosted their State of Industry lunch at Moda Midstream on May 15. The event featured Jane Gimler, President of the Ingleside Chamber of Commerce, and Iain Vasey, President of the Corpus Christi Regional Economic Development Corporation. Presentations were made by Moda Midstream, Kiewit Corporation...
Houston State Energy
SHALE Magazine and In the Oil Patch radio show hosted the first State of Energy luncheon in Houston, Texas on July 18 at the Omni Hotel Houston Westside. The event featured keynote speaker former Secretary of the Interior Ryan Zinke and a Permian update presented by Josh Haugan with...
The Port of Corpus Christi hosted a kick-off event marking the start of its long-awaited Channel Improvement Project on May 29 at Solomon P. Ortiz Center. The kickoff included an ahead-of-schedule estimate of completion of the project. The gathering included speakers representing pivotal participants in the procurement of funding...
San Antonio Pipeliners Association hosted the Midstream Classic sporting clays tournament June 6 and 7 at the National Shooting Complex in San Antonio, Texas. The event was kicked off with a networking mixer featuring renowned country music star Gabe Garcia. The event continued with the shooting tournament with trophies...
The Texas oil and gas boom kicked off in 1901 following the discovery of the Spindletop field near Beaumont, Texas. Referred to as the “Lucas Gusher,” it presaged the rapid expansion of a young industry that has shaped the state’s economy for more than a century, with the ups...
An Interview for Next Generation of Industry Leaders, PESA
PESA’s Emerging Executives Committee prepares high-performing individuals for their role as the next generation of industry leaders. The Committee develops and carries out their own agenda of events and training seminars, including Leadership Forums, an Executive Leadership Year-Long Program, and the Executive Address Series. PESA recently sat down with...