I was not expecting the two mega-mergers announced by ExxonMobil and Chevron last month. ExxonMobil bought Pioneer Natural Resources for $59.5 billion and, two weeks later,…
The exploration and production segment of the oil and gas industry is a vibrant endeavor, often referred to as the upstream side of the business. Since…
Summer has arrived and the oil and gas industry is moving along with the change of the season, except in merger and acquisition activity. Over the…
Summer is approaching. Time moves quickly, especially when business is good. How has the oil and gas industry performed from a year ago? I’ll start with…
There has been an increased worldwide effort to divest from fossil fuels by banking institutions, investment firms, governments and policy organizations. Removing the most reliable energy…
The oil and gas industry is often noted for its cyclical nature; however, I’d say, overall, in 2022, the industry had a slightly positive trajectory despite…
Looking back at the oil and gas industry this past year, despite political and regulatory pressure, it fared well overall. It could have been much better…
Congress passed the $700 billion Inflation Reduction Act (IRA) last month with a low level of confidence that it will actually reduce inflation, in the near…
Gasoline is up at the pump, as everyone is aware, from the daily commuter to the truck driver filling up with diesel. Despite the blame message…
With the relentless attack on oil and gas development in the U.S. over the past year, the industry remains resilient to the assault. Looking at employment…
Despite political headwinds the past twelve months, and the pandemic slowdown, the U.S. oil and gas industry is resilient and continues to grow. The Texas Independent…
As we start the new year in our resilient oil and gas industry, it’s a good idea to reflect on the past year. We’ve encountered supply…
As we approach the end of the year, many are asking how the oil and gas industry faired the past year as we move passed the…
The Biden administration asked countries that export crude oil, many that are not friendly to the United States, such as Russia, Venezuela and Iran, to increase…
The Biden administration proposed a $2 trillion infrastructure bill in April flush with items that in the past were not considered infrastructure. Typically, infrastructure consists of…
Texas and 20 states filed a lawsuit against the Biden Administration in March for canceling the Keystone XL Pipeline. The executive order halted the high-profile pipeline…
The first day in office, President Joe Biden flexed an axe at the oil and gas industry that will crush the industry’s future. Executive Order 13990…
This past year was challenging for many of us, having to deal with the disruptions from COVID-19 in virtually every aspect of our daily routines. In…
Amazing that we are near the end of the year and our November/December issue is already here. This year went by super fast for me. I…
We’re all searching for the good news in the good news/bad news equation right now and it can be hard to find at first glance. While…
Normalcy is a term we’ve all become accustomed to hearing in the news as we emerge from the pandemic lockdown. The oil and gas industry is…
The U.S. shale market continues to excel at producing oil and gas for export around the world. Several shale plays are hotbeds of activity. However, there…
Rising crude prices have surged 50 percent since last year and as a result has improved the outlook of the oil and gas industry so far…
The United States is the leading natural gas producer in the world. Shale has virtually eliminated our need for gas imports and continues to produce well;…
Looking back at the past twelve months, our industry has revealed fantastic gains in the U.S. shale market. Overall drilling permits are up 63 percent in…
As you may know, many of the shale markets are picking up momentum. In Texas, the Permian Basin is taking off and in the last three…
July-August 2014 As the weather starts to heat up and we enjoy fireworks and Fourth of July festivities, I think it’s fitting to remember how our country became the…
