Recent months brought a wave of changes to oil and gas related policy and legislation. From the Environmental Protection Agency (EPA) to the Department of the Interior (DOI) to the National Parks, the current administration is taking a good hard look at how to streamline processes to empower oil...
A growing healthy economy needs cheap and abundant energy to fuel growth. That is why you hear people say they are in favor of an all-of-the-above energy policy. We need all the energy we can get from which ever source we can get it. The market will sort out...
Make no mistake, the Bakken is a tight oil play, and a very good one. But the Bakken, especially in the core areas, is a bit gassy. The latest challenge facing operators and regulators in North Dakota is what to do about the natural gas produced as wells are...
As you might have all read in industry news, the South Texas Energy and Economic Roundtable has seen a change in leadership. After 6 years, Omar Garcia, STEER’s founding President and CEO, accepted an offer as the Port of Corpus Christi’s Chief External Affairs Officer. While we are sad...
The Petroleum Equipment and Services Association (PESA) is the national trade association for the oilfield services and equipment sector. PESA’s goal is to elevate critical issues and amplify the voices of stakeholders sector-wide, highlighting the innovation, job creation and energy security provided by the strong value chain of oil...
As 2018 draws to a close, let’s do a quick review: the U.S. is now the number-one producer of both oil and natural gas in the world, moving ahead of Saudi Arabia and Russia; Texas is the number-one producer of both oil and natural gas in the U.S. (in...
Bakken Shale – North Dakota/Montana
The Bakken is another shale play that is currently experiencing a boost in capital being reallocated out of the Permian Basin. A new report from Bank of America Merrill Lynch finds that year-to-date drilling activity for the Bakken is 20 percent higher than in the...
