Shale Play Update June 2020
Bakken Shale – North Dakota/MontanaThe May 15 Bakken rig count stood at 17, down from 52 in early March.During its May 11 earnings call, big Bakken pioneer Continental Resources told investors that it was cutting its May production levels by 70% due to depressed prices and low demand.Hess Corp....
A Strong Employer Brand and Values Alignment Are Key To Attracting Millenials
As the digital revolution continues and boomers in the energy sector prepare to retire, the race to stay ahead of your competitors in the war for talent has never been more heated. Where recruiting top talent is already seen as a challenge, utility companies can find themselves fighting against...
The Texas Railroad Commission on April 14, 2020, had a hearing on prorationing. As of writing this article, no decision had been issued by the commission. For those who are very interested in this topic, I encourage you to go to the commissions’ website and watch the hearing and...
The Pandemic’s Impact on Employer-Provided Medical Plans
As the number of COVID-19 cases continues to mount, many Americans may be considering where to go for care if they develop potential symptoms. One important — yet potentially overlooked — resource is telehealth, which may enable people to connect 24/7 with a health care provider via a digital...
Tips to Staying Happy and Healthy in Uncertain Times
The Status Quo We’ve all had to find a way to make the homefront a comfy haven during this time of crisis. Many of us have morphed our homes into business offices, classrooms, makeshift gyms and family reunion venues. While channeling our inner Martha Stewart, we are bombarded with pandemic...
Global Investment Slowdown Set to Hike Oil Prices
The COVID-19 pandemic will leave not only short-term, but also long-term, scars on the oil market. Even though the world is currently facing what is arguably the largest oil glut ever recorded, the tables will turn dramatically in coming years. The lack of activity and investments currently planned by...
Energy Dominance Dumbinance
In light of Saudi Arabia’s and Russia’s current attempts, as well as those of their corporate and government-sponsored accomplices, to kill the American oil and gas industry, it’s important for Americans to be reminded of — or be told about for the first time — what their home-grown energy...
Texas RRC Eschews State-Mandated Production Cuts
The Texas Railroad Commission (RRC) met in open conference on Tuesday, May 5 and put the idea of prorating Texas crude oil production to bed for good. An order to implement proration prepared by Commissioner Ryan Sitton was withdrawn and never acted on, with Commissioner Sitton proclaiming, “proration is...
Mental Health: How to build emotional resilience during a pandemic
“Stay calm” — Oh dear! This phrase has been done to death, and especially in the current times, staying calm alone is not enough. So, what does it take to maintain your sanity, peace and strength of body and mind not just to survive but to THRIVE? Building emotional resilience...
Oil & Gas & COVID-19
Oil and Gas & COVID-19 Hit Hard With the onset of COVID-19 and the resulting general-economic shutdown that is affecting much of the country, it is a challenging time to stay in business. But, the oil and gas industry has been hit particularly hard. In order to survive, oil and...