As oil operations wind down in several depleted oilfields, energy companies are looking for ways to repurpose old infrastructure to cut costs and support environmental efforts. It is extremely expensive to disassemble and transport old oil rigs, meaning that many companies have sought out alternative uses for the structures...
Cushing's Oil Capacity Running Low, Threatening Global Supply
Unintended Consequences and Supply Response
The storage tanks in Cushing, Oklahoma, require a minimum level of oil to maintain normal operations, which traders generally believe is around 20 million barrels. Unusually for this time of year, stockpiles declined more than 4 million barrels...
The U.S. has directed huge investments toward solar and wind power projects in a bid to rapidly develop its renewable energy industry. But this is not the only green potential America is setting its sights on, with a surge in interest in geothermal power over the last few years....
Guest submission by Phil Cruver
The Borehole Battery offers a solution for addressing Asset Retirement Obligations (ARO) in the oil and gas industry by utilizing IRA tax credits. This commentary explores the growing concern of underfunded Asset Retirement Obligations (ARO) within the oil and gas industry. It discusses the Investment...
Amy Chronis : Managing a Business Filled With Risk
Today’s oil and gas industry is one of the most high-tech businesses on the planet, an industry that consists of thousands of highly-competitive companies that adopt a growing array of new digital solutions every day of the week. Big business deals...
Here are the Top Dozen Oil & Gas stories for July 14, 2017, taken directly from the @GDBlackmon Twitter Feed:
All the #PeakOil nuts are in mourning.: Oil demand is accelerating, IEA says via @WSJ
Go figure.: For U.S. drillers, the dreaded correlation between stocks and bonds is back via @business
Justice...
Who Is UniqueHR?
Family and veteran-owned and operated by Texans since 1991, UniqueHR is a licensed PEO providing comprehensive HR solutions to small and mid-size businesses. It’s headquartered in Corpus Christi and provides services to all of Texas and the U.S.
UniqueHR promotes the growth of businesses by focusing on identifying...
Lubricating Oil Flash Point Testing
Testing the Oil flash point of a lubricating oil is an excellent way to determine the status of seals in light-end compressors. Most new oils have a flash point above 400 degrees F. A falling flash point indicates that process gas is getting in...
Houston has a lively social scene that includes a diverse range of cultural events, humanitarian activities, and corporate networking opportunities. The city's social calendar is jam-packed with events that represent the city's dynamic energy, from elegant galas to community-driven fundraisers. In this piece, we will look at Houston Texas'...
In the bustling world of the oil and gas industry, one subject captures the essence of exploration and production activities - mineral rights. The acquisition of these rights plays a significant role in the industry, acting as the linchpin of successful extraction and processing operations. This article unravels the...
