Pioneer Natural Resources (NYSE:PXD) announced on April 26 that it was engaged in advanced negotiations to sell the last remaining non-Permian Basin asset in its portfolio, a suite of joint venture properties in the Eagle Ford Shale region of Central Texas. If completed, the transaction to sell the properties...
WHO OWNS THE PORE SPACE?
By Mark Nibbelink, Co-founder of DrillingInfo (now Enverus)
As climate change remediation conversations began to build momentum a couple of years ago, the prospects of carbon capture and sequestration in depleted oil and gas reservoirs began to interest me.
As I thought about it, I started thinking...
Edwin Drake : An Oil History Story
Pennsylvania Oil and Natural Gas Production
Natural gas production in Pennsylvania reached 6.2 trillion cubic feet last year. This makes it the second-largest natural gas producer in America, only Texas with the Eagle Ford Shale and Permian Basin are before it. In crude oil...
EIA Reports Oklahoma Coal-fired Power Plants Converted to Natural Gas
The energy industry has long sought to develop products and processes to anchor itself as a global necessity. State of the art natural gas-fired power plants are an example area where streamlined research and development has paid off. More specifically,...
Through a series of reactionary blunders, the current administration has served to drain our country’s strategic petroleum reserve (SPR) to levels not seen since the 1980s. A far cry from energy security amid global conflict, releasing reserves has thus far exceeded domestic refining capacity and therefore necessitated exporting. At...
Less Coal in Your Stocking?In the 1880s coal surpassed wood becoming the largest energy source in the United States. Coal consumption in the U.S. continued to rise until reaching its peak in 2007. In 2018, coal consumption fell 44% from that top 2007 point, making consumption the lowest it...
With emissions reduction being the key goal, the renewable energy economy is surging with applications to meet energy needs through clean and efficient alternatives. Providing a pivotal tipping point in the right direction, lithium has gained popularity as a main ingredient to success. Standard Lithium presently harnesses the technology...
In The Oil Patch Radio Show is the only nationally syndicated radio program delivering the latest information on the oil, gas, and energy industries. Kym Bolado hosts the show, which features interviews with industry professionals, thought leaders, and decision-makers who share insights into current concerns, trends, and future outlooks...
ESG stands for Environmental, Social, and Governance Criteria. These are the three criteria investors are increasingly turning to for screening potential out investments that may pose a financial risk because of one or more of their policies. According to Oil & Gas 360 these criteria are defined as:
Environmental...
Royal Dutch Shell Ceo Ben van Beurden announced a strategic review of the company. This comes, he says, as a result of the economic crisis caused by the corona virus pandemic. He believes the pandemic is accelerating the world’s transition towards greener energy. As a result of the review,...
