Even the Best and Brightest Minds Can Get Things Wrong
In the summer of 2002, the National Petroleum Council (NPC) gathered together some of the smartest minds from the oil and gas industry, academia and in the environmental community to study the potential for natural gas in North America. The...
Since its inception, technology has driven the development and transformation of the oil and gas industry. Technologies to locate and extract oil and gas reserves enabled the shale revolution, and a new revolution is around the corner for oil and gas exploration and production companies. While it might sound...
Colorado lawmakers are expected to once again take up revising oil and gas rules in the state, the latest such effort in a long line of activity over the past fifteen years. This time, action under the dome follows an election in which the public overwhelmingly voted down Proposition...
History matters. On Dec. 19, 1890 Art. X, §2 of the Texas Constitution was amended to include a provision forming the Railroad Commission of Texas, stating the “Legislature … may provide and establish all requisite means and agencies invested with such powers as may be deemed adequate and advisable...
Associated natural gas continues to be an issue for producers in North Dakota. While the Bakken’s rich natural gas is a valuable commodity, even at current prices, the geography and logistics in western North Dakota make gas capture and processing complicated and expensive. Direct costs related to natural gas...
It seems that, from the very beginning, oil has always gotten all of the attention. Striking oil was the goal — hitting a gusher; dancing and getting covered in a fountain of black was a symbol of sudden and unknown wealth; black gold; Texas tea. Floating to victory in...
Truck attainment has been a key challenge for private fleets, for-hire carriers, and organizations that rely on trucking across many industries, including manufacturing, construction and oil and gas. This challenge has been accentuated by the backlog of orders for Class-8 heavy-duty trucks, largely stemming from an American economy that...
Bakken Shale - North Dakota/Montana Due to ongoing booming production from the nation’s second-largest oil producing basin, Energy Transfer announced it was expanding the capacity in its Dakota Access Pipeline system to 570,000 bpd. The company said it had moved more than 500,000 bpd during the fourth quarter of...
The South Texas Energy and Economic Roundtable (STEER) represents the largest operators in the Eagle Ford Shale region. STEER members recognize the multiple benefits of using natural gas in our homes and day to day lives. It’s important that we all look to recognize the multiple benefits of natural...
Here's a fun fact: If Texas were an independent country, it would now stand as the fourth largest oil-producing nation on Earth, behind only the rest of the U.S., Russia, and Saudi Arabia.
Here's another fun fact: In September 2008, total U.S. oil production came in at 3.8 million...
