Exploration & Production
Mining for Common Ground
Oilwoman: You have been in the mining industry almost nine years, going back to your time as a mining engineer co-op intern in South Carolina. How…
March 7, 2021 · By Rebecca Ponton
Exploration & Production
Exploration & Production
Strategic Approach to Procurement in Oil and Gas
The wakeup call: The oil industry downturn cycle of 2014 – 2015 changed the industry in many ways. While the initial response of most oil and…
March 7, 2021 · By Ankur Prakash
Exploration & Production
Techniques to Prevent Sand Production in Oil Wells
Sandout is a recurring phenomenon in oil-producing wells that occurs when small rock particles (sand or very fine grains) that belong to the formation travel from…
March 7, 2021 · By Raul Palencia
Exploration & Production
The Fate of Flaring
Here in the U.S., we are one of the top four countries in the world for gas flaring. Together with our top three peers – Russia,…
March 7, 2021 · By Mark Casaday
Exploration & Production
TIPRO Statement on President’s Executive Order to Halt New Oil & Gas Leases on Public Lands and Waters
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) today released the following statement in response to the Biden Administration’s order issued Wednesday…
January 27, 2021 · By Energies Media Staff
Exploration & Production
W Energy Software Continues Strong Growth Into 2021, Enters New Markets, and Provides Update on Key Technology Initiatives
Best-in-class oil & gas SaaS ERP provider anticipates accelerated growth in the New Year, aims to grow market share among large E&P companies, and confirms commercial…
January 12, 2021 · By Energies Media Staff
Exploration & Production
Krafting Workwear for Women Warriors
Anastasia (Ana) Kraft, founder and CEO of Xena Workwear: I came up with the Xena name by throwing out a question to my friends: “What is…
January 7, 2021 · By Rebecca Ponton
Business
Tax Considerations for Oil and Gas Partnerships Deliberating Bankruptcy and Debt Restructuring
Many oil and gas companies have sought debt reduction through bankruptcy protection or debt restructuring in response to financial difficulty brought on by the COVID-19 pandemic.…
January 6, 2021 · By Jon R. Roberts and Jon Pezzi
Business
The State of the Oil Industry 2020: An Updated Look at Things to Come
Each year, an array of industry analysts makes its predictions on the specific directions the oil and gas industry could be heading in the coming months.…
January 6, 2021 · By Henry Berry
Exploration & Production
How to Control Target Areas During Hydraulic Fracturing
Weight of Hydraulic Fracturing in the Industry Hydraulic stimulations in the oil and gas industry are positioned as one of the first three solutions to fields…
January 6, 2021 · By Andres Ocando
Exploration & Production
Texas Upstream Employment Trends Mixed in November
Austin, Texas – Today, the Texas Independent Producers & Royalty Owners Association (TIPRO) highlighted updated employment figures for the Texas upstream sector. Following an increase in upstream…
December 19, 2020 · By Energies Media Staff
Exploration & Production
ExxonMobil is Set to Strengthen its Position to Provide for the Future of Oil and Gas Demand
Following ExxonMobil’s Q3 earnings release; Steven Ho, Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “ExxonMobil is very confident…
November 2, 2020 · By Energies Media Staff
Education
Pro Resume Tips to Prepare for the Oil and Gas Upturn
With data from a recent Rystad Energy impact analysis showing more than one million oilfield service jobs set to be cut by the end of 2020…
November 1, 2020 · By Amanda Rico
Exploration & Production
Flushing Rotary Equipment of Contaminants and Excess Costs
Innovation has always been a key component in the success of the offshore oil and gas industry. New and improved procedures coupled with enhancements in technology…
November 1, 2020 · By Nick Vaccaro
Exploration & Production
What to Consider When Choosing a New Oil Field
Choosing the optimum oil drilling location is certainly not a straightforward process. Extensive planning is involved. It also requires various scientific parties to collaborate and, ultimately,…
November 1, 2020 · By Henry Berry
Exploration & Production
Drilling Tools Most Used and Techniques to Exploit Formation Conditions
Well drilling, the second step in the downhole process, begins when the superficial casing is put in place and ends when the well is set to…
September 9, 2020 · By Raul Palencia
Environment
What Does IRS, Treasury Carbon Capture Tax Credit Guidance Mean For Future Energy Production?
The Treasury Department and the IRS recently provided practical administrative guidance for carbon capture and sequestration tax credits, but what are the broader implications for future…
August 20, 2020 · By W. Lynn Loden and Steve Hendrickson
Exploration & Production
Drilling in Alaska’s ANWR Reserves will be Costly Due to Weather Conditions and Environmental Hurdles
Following the approval of an oil and gas leasing plan for Alaska’s Arctic National Wildlife Refuge (ANWR) by the U.S. Department of Interior; Adrian Lara, Senior…
August 18, 2020 · By Energies Media Staff
Exploration & Production
Venezuela’s Oil and Gas Sector Sees Worst Crisis During 2020
Venezuela’s oil and gas sector was already caught in a vicious cycle well before the COVID-19 outbreak created a world economic crisis. Even though there are…
July 19, 2020 · By Energies Media Staff
Downstream
Excess of Crude Supply Already Suppressed from US Market
Following Energy Information Administration’s release of official weekly data on stocks, demand and supply of U.S. crude oil and refined products; Adrian Lara, Senior Oil &…
July 17, 2020 · By Energies Media Staff
Exploration & Production
Why Outlook for Oilfield Services Sector is Down, But Not Out
Oilfield services companies will need to preserve capital and ride out the storm before they can expect to see an uptick in activity. Historically, there’s been…
July 8, 2020 · By Dean Price and Kevin Cannon
Alex Mills
Oil Industry Leaders See Tough Times Ahead
Most oil company leaders, who traditionally are very optimistic, have a pessimistic opinion about the future, according to a recent survey by the Dallas office of…
July 2, 2020 · By Alex Mills
Exploration & Production
Why US Base Oil & Gas Production Declines Are Higher Than You Might Think
The natural decline rates of existing oil and gas wells across major shale plays will contribute to a tighter supply/demand balance. The recent dramatic decline in…
June 22, 2020 · By Steve Hendrickson
Exploration & Production
With Canadian Oil Prices Well Below Global Averages, Country to Drop Production by 15% in 2020
Following recent news about Oil Sands producers shutting down crude production due to their unprofitability; Adrian Lara, Senior Oil & Gas Research Manager at GlobalData, a…
April 25, 2020 · By Energies Media Staff
Exploration & Production
Scoop-Stack to Hit Record-low in Terms of Average Rig Count in 2020
Scoop-Stack hit a peak, in terms of rig count in 2018, averaging approximately 75 rigs for the year with the majority of them operating within the…
April 24, 2020 · By Energies Media Staff
Alex Mills
Oil Price Crashes to Record Low
“Classic supply and demand imbalance.” “Perfect storm.” “Insane.” That’s how government and oil industry officials described the historic collapse of crude oil prices this week. On…
April 23, 2020 · By Alex Mills
Downstream
Crude Production Cuts in the US Too Slow to Support the Price as Storage Runs Out by Mid-May
Following the historic fall of the West Texas Intermediate (WTI) futures price for May delivery into negative territory, going as low as negative US$37.6 per barrel;…
April 21, 2020 · By Energies Media Staff
Alex Mills
Oil’s Strategic Value Invites Government Intervention
“Oil ain’t pork bellies.” That was a comment made during the debate in the early 1980s regarding the decline in crude oil prices and the implementation…
April 16, 2020 · By Alex Mills
Exploration & Production
TIPRO Reaction to Railroad Commission Proration Hearing
Austin, Texas – Today, the Railroad Commission of Texas will conduct an open meeting to discuss a motion to determine reasonable market demand for oil in…
April 14, 2020 · By Energies Media Staff
Exploration & Production
Pemex in No Position to Maintain Output Profitably Regardless of OPEC+ Requests
Following today’s news (Friday 10 April) that the OPEC+ agreement, which will cut production by ten million barrels, is contingent on Mexico’s consent to also cutting…
April 11, 2020 · By Energies Media Staff
Alex Mills
No Easy Solutions to Petroleum Issues
The economic chaos facing the oil and natural gas industry in the United States is real and it is coming fast like a runaway locomotive blasting…
April 2, 2020 · By Alex Mills
Business
Over US$50bn in Capital Expenditure Cuts Announced as Oil and Gas Companies Grapple with COVID-19 and Oil Price War
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments are…
March 31, 2020 · By Energies Media Staff
Exploration & Production
TIPRO Partners With New Texas Methane & Flaring Coalition (TMFC)
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) is a proud partner of the Texas Methane & Flaring Coalition (TMFC), a collaboration of…
March 31, 2020 · By Energies Media Staff
Exploration & Production
Global Gas Flaring Value Approaches US$24bn a Year if Priced at European Prices
Ten countries produced 80% of all flared gas, and their forgone revenue from failing to monetize the gas constituted over US$19bn in 2019, according to leading…
March 30, 2020 · By Energies Media Staff
Exploration & Production
Permian Production Already a Victim of Oil Price War
Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the severe…
March 27, 2020 · By Energies Media Staff
Exploration & Production
Chemical and Oil Companies to Slash Capex, Slowing Investment Wave
In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending (capex)…
March 25, 2020 · By Joseph Chang
Exploration & Production
Russian Oil and Gas Operators Emerge on Top Despite the Plummeting Oil Prices
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the supply…
March 21, 2020 · By Energies Media Staff
Business
Were Oil & Gas Producers Hedged For The Recent Price Collapse?
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of producers…
March 20, 2020 · By Shane Randolph and Josh Schulte
Exploration & Production
Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020
Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from…
March 20, 2020 · By Energies Media Staff
Exploration & Production
Maka Central Discovery Needs at Least 210 Million boe Recoverable Resources to be Economical
The Maka Central discovery has the potential to bring more than US$50m in revenue per year to the Surinamese Government, if it sees similar success to…
March 20, 2020 · By Energies Media Staff
Alex Mills
Oil Exporters Increase Production While Demand Declines
Sometimes it is difficult to understand the actions of world leaders. A perfect example is the recent decision by Russia to not agree with a proposal…
March 19, 2020 · By Alex Mills
Downstream
Autonomous Technology Can Mitigate the Business Impact of the Coronavirus
The coronavirus has exposed the soft underbelly of critical infrastructure and industrial sites worldwide – workforce availability. As more and more companies implement business continuity plans…
March 12, 2020 · By Ariel Avitan
Business
Saudi Oil Price War Unlikely to Have Quick End
Following the news that Saudi Arabia is responding to Russia’s refusal to a new oil production cut agreement by cutting oil prices and boosting supply, Will…
March 11, 2020 · By Energies Media Staff
Business
US Shale Supply Badly Hit by Price War and Forced to Become More Resilient
Following the WTI price fall to around US$30 per barrel due to an oil price war between Saudi Arabia and Russia; Adrian Lara, Oil and Gas…
March 10, 2020 · By Energies Media Staff
Business
NEPA Reform Can Create Equality and Opportunity for Black America, Say Black Leaders
Commonsense NEPA Reform… is Key to a More Productive America that Helps All of Its Citizens Washington, D.C. – Calling it “regulatory reform that enhances black…
March 10, 2020 · By Energies Media Staff
Exploration & Production
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 has…
March 5, 2020 · By Energies Media Staff
Alex Mills
Natural Gas Had an Historic Year in 2019
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 reduction…
March 5, 2020 · By Alex Mills
Exploration & Production
‘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 droplets…
March 2, 2020 · By Energies Media Staff
Exploration & Production
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, according…
March 2, 2020 · By Energies Media Staff
Exploration & Production
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 and…
February 25, 2020 · By Energies Media Staff