Things have gone from bad to worse. Following a year of lackluster oil pricing and a general decline in oil and gas E&P activity in Texas in 2019, oil markets are now reeling from the fallout of the coronavirus and its impact on energy demand growth in the U.S....
Oil Boom Reaches Sudden End
Concerns over the spread of the coronavirus and its dampening effects on global crude demand combined with the irrational actions of Saudi Arabia and Russia in early March caused crude prices to crater. With analysts like Goldman Sachs, along with the U.S. Energy Information Agency...
During hydraulic fracturing well stimulation, one of the costliest setbacks that can occur is a screen out, a condition in which pump pressure levels unexpectedly rise rapidly in excess of the safe-operating parameters of the wellbore or wellhead equipment. This condition, which occurs in up to 25% of well completions,...
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WEN South Texas Hosts: From the Wellhead to the Water More than 75 people attended the Feb. 27 luncheon featuring Sean Strawbridge, CEO, Port Corpus Christi, and he had a lot to say. As the keynote speaker of the event, Sean Strawbridge mentioned the upcoming elections and the concern over the...
There is really only one subject currently occupying the undivided attention of each and every person affected in any way by the oil and gas industry. To write about anything else would be about as nonsensical as trading favorite recipes during the final moments on the Titanic. This industry...
Shale Play Energy Updates
Note: Recent events surrounding the global coronavirus pandemic and the collapse of the OPEC+ export limitation agreement have disrupted the normal course of business in the U.S. shale industry. At the time of this issue’s publication, shale producers were universally focused on restructuring their capital budgets...
Blockchain in Energy
Blockchain technology is the simplest form of the public ledger and shared database that assists in identifying, tracking and tracing every transaction on the enterprise blockchain network. These transactions are recorded in the form of blocks. These blocks are added to the blockchain in a linear and...
With the 2020 election cycle dominating national news and the Iowa Caucus recently taking place, there was once again renewed attention on industries and debates relevant to the energy industry. Corn is king in Iowa, and you can’t talk politics in that state without touching on farming and the...
NEPA Reforms and Their Impact on Shale
Environmental activists who have been critical of President Trump’s proposed regulatory reforms have engaged in abusive litigation practices that delay vital infrastructure projects making it necessary to revisit the federal rulemaking process, according to congressional figures and energy policy analysts.
In January, Trump detailed...
A remarkable thing happened at the Texas Railroad Commission these past few weeks. Throughout the contentious debate over proration, a growing chorus of voices on both sides was calling on the commissioners to address flaring — an incredibly wasteful, environmentally damaging practice that has been giving producers a black...
