Thursday, September 24, 2020
BP Week: An Overview in 8 Questions
September 14-16 was BP Week 2020. It took place virtually this year. Six weeks ago, the company announced a new strategy to take the company to net-zero by 2050. This included plans to help the world get to ner-zero along with them. BP Week was their opportunity to go...
Emissions Reduction: Encino Joins ONE Future
Increasing member numbers from 27 to 28, Encino Acquisition Partners recently joined Our Nation’s Energy Future. Known as ONE Future, the coalition is tasked with reducing methane emissions across the natural gas industry. Having purchased assets from Chesapeake Energy in the Utica Shale, Encino came into possession of 900,000 acres...
What You Should Know About Oil and Gas Today The Big Story Hey, it's National Cheeseburger Day. I'm headed to Whataburger for lunch! I you wanted to know why the Trump Administration's efforts to hold a lease sale for the northern sliver of the Arctic National Wildlife Reserve (ANWR), all you need...
Wind Energy Blowing Strong: OK Senator Suggests Fizzling Tax Credits
Alternate energy has always been favored with incentives. As Oklahoma’s wind energy industry has gained its footing and become profitable, some are suggesting that the support system be removed. Republican U.S. Senator for Oklahoma, James Lankford, is currently suggesting that the wind industry’s tax credits be removed from existence. Acknowledging...
Another week, another hurricane. That’s what it must feel like at this point to the people of Louisiana as Hurricane Sally bears down.
What You Should Know About Oil and Gas Today The Big Story Another week, another hurricane. That's what it must feel like at this point to the people of Louisiana. After getting hard hits from Hurricanes Laura and Marco just a couple of weeks ago, the state is now again in...
The Power of Abandoned Oil Wells
Reuters reports there are more than 3.2 million “abandoned” wells in the United States. That breaks down to roughly 2.6 million oil wells and 0.6 million gas wells. What if these wells could be refitted and repurposed to provide renewable power such as solar or wind? Abandoned wells are usually...
Tesla: Gigafactory Texas Reaching Completion in 2021
Earlier this year, Tesla Inc. began work on Gigafactory Texas. The factory will sit on 2,000 acres outside of Austin and create around 5,000 jobs over four years. The company’s recent announcement says May 2021 is the target date for at least some manufacturing to begin there. When asked...
Haynesville and Appalachian basins well positioned for near-term growth
Haynesville and Appalachian basins well positioned for near-term growth Austin, TX Jon Haubert (September 9, 2020) — Enverus, the leading oil and gas SaaS and data analytics company, has released its latest FundamentalEdge report which reviews upstream and midstream activity in two active natural gas basins: the Haynesville, in Louisiana and...
Washington: Trump Signs Moratorium on offshore drilling
What You Should Know About Oil and Gas Today The Big Story At a campaign event on Tuesday, President Donald Trump signed an extension of the moratoria banning drilling off the coasts of Florida, South Carolina and Georgia. Unnamed "Industry officials" quoted by Politico claimed to have been caught off guard...
Oil prices are crashing today amid overblown concerns about a lack of demand recovery. At least, that’s according to the energy-related media.
What You Should Know in Oil and Gas Today The Big Story Oil prices are crashing today amid overblown concerns about a lack of demand recovery. At least, that's according to the energy-related media. The truth is that the market is panicking because the U.S. just concluded a very predictably slow...
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