High Acreage Costs Price Out Competition in Permian
The U.S.’ most saturated shale oil play has become too saturated with companies trying to squeeze out a profit. Land and asset prices are reaching...
Oilman March-April 2017
Oilfield Helping Hands Named 2017 Beneficiary of OTC Distinguished Achievement Award
Oilfield Helping Hands (OHH) has been named the 2017 beneficiary of the Offshore Technology Conference (OTC) Distinguished Achievement Award. OHH is a nonprofit charitable organization,...
Senate Repeals SEC Transparency Rule for Oil and Gas Companies
A rule that was part of the Dodd-Frank Wall Street Reform and Consumer Protection Act was overturned by a vote of 52-47 in the Senate. ...
Dakota Access Pipeline Granted Easement
To the dismay of numerous protestors and outspoken opponents, on Feb. 7, Dakota Access LLC, the firm which was constructing the Dakota Access pipeline, received...
Oil Executive Confirmed for Secretary of State
On Feb. 1, the Senate approved former Exxon Mobil chairman and CEO Rex Tillerson for the position of Secretary of State by a vote of...
Texas Petro Index Indicates an End to Two-Year Contraction in Oil and Gas
Texas Petro Index (TPI) announced today that upstream oil and gas activity in Texas ended its 24-month-long contraction in December. TPI is a composite index...
Tulsa Company Agrees to Pay Fine to Settle EPA Charges
Tulsa, Okla.-based Magellan Pipeline Company L.P. has agreed to pay a fine of $2 million, in addition to $16 million for recovery purposes, to the...
O&G Industry May Encounter Workforce Shortage
The fact that oil and gas firms have cut hundreds of thousands of jobs is nothing new. The repetitive headlines detailing the thousands of jobs...