Scoop-Stack Shale Production Anticipated to Increase Slightly Despite a Drop in Rig Count
Although the Scoop-Stack has experienced one of the largest decreases in rigs among the major oil and gas plays in the U.S., its overall production...
Exploration & Production
Natural Gas Had an Historic Year in 2019
by Alex Mills
Great news! Natural gas set production, consumption and export records in 2019. More good news for consumers is the very low price currently and the...
‘Smart Water’ May Aid Oil Recovery
HOUSTON – Now there’s evidence that oil and water do mix. Sort of. Scientists at Rice University’s Brown School of Engineering show that microscopic saltwater...
New Paper Says U.S. Close to Reaching Long-Held Goal of Energy Independence
DALLAS, TX – The United States is on the verge of reaching energy independence, a goal that Congress has sought for more than four decades,...
As the World Watches the Permian, Enverus Brings the Rockies & Bakken In Focus
Growth expected to slow after 2019 gains, some operators expected to perform better than others Austin, TX – Enverus, the leading oil & gas SaaS...
Guyana, Mauritania and Russia Led Global Resource Discoveries in 2019
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company....
ESG for Energy: 3 Things Companies Should Be Doing – Part 2
by Tony Jones
In my previous article, I discussed how all energy companies typically get lumped together as a group and what they, as an industry, need to...
Petroleum Companies’ Financial Performance Down
by Alex Mills
As many oil and gas companies began releasing their 2019 financial reports this week, it became apparent that last year was a stinker financially even...
ESG for Energy: 3 Things Companies Should Be Doing – Part 1
by Tony Jones
In the growing area of Environmental, Social and Governance (ESG), every energy company, right or wrong, good or bad, seems to get lumped in as...
Russia Counts on Oil Production Growth Even as it Agrees to OPEC+ Production
As Russia’s statistic agency reports that 2019 was another year of record oil production, with growth of 0.8% from 2018, the country’s recent production history...