by Jeff Elliott In all segments of refining and distribution, oil and gas facilities and pipeline stations regularly store and dispense large quantities of flammable and combustible liquids. Given the potential for gas, vapor, or dust to collect in these areas, the electronic equipment installed for automation and control must be designed specifically to prevent […]
Upstream M&A Opens Strong in 2022
Enverus, a leading energy data analytics and SaaS technology company, has released its summary of 1Q22 M&A activity. As the M&A market marched into the new year, $14 billion in deals were announced during the first quarter of 2022. The $6 billion transacted in January 2022 was the strongest M&A market launch in five years. […]
Steering Success in the World of Women in Energy
by Katerina Jones There are countless articles published on the importance and value of mentorship, and we saw this idea cited often during Women’s History Month in March. Many writers stress the fact that mentorship is especially critical for professional women in the workforce. For professional women in a male-dominated industry such as […]
With Record Selloffs of U.S. Oil Reserves Can OFS and Tech Stocks Keep Up?
In response to the global energy crisis, the Biden administration is selling a record amount of emergency oil from the USA’s national reserves to bring soaring fuel prices under control. Despite these efforts there’s a growing skepticism over whether unconstrained U.S. gas production can last. However, because of ~$100 oil and large gaps in renewables, fossil fuels remain crucial to the western way of life. […]
Seventy-Five Years in Business
From its founding in 1947 in Larose, La., Danos has continuously evolved and expanded to serve its customers. This year, the family-owned and managed company celebrates 75 years as a leading service provider to the energy industry. With nearly 2,500 employees, Danos services approximately 150 customers across 17 states. CEO Paul Danos credits the company’s […]
Methane Monitoring Gains Ground
New partnerships formed between oil and gas companies and methane monitoring service companies show that the methane monitoring trend is gaining traction. In separate announcements, two new partnerships revealed their pro-active stances. Kuva Systems, a leader in continuous methane monitoring for the oil and gas industry, announced April 12 that it has deployed additional infrared […]
No Time to Play Politics With Permian Oil and Gas
Lately we have become all too familiar with the Biden Administration launching attacks—not in defense of Ukrainians who are valiantly defending their homeland—but on American oil and gas workers and operators who are working through the challenges that his own administration has wrought. In the middle of last year, our members warned about the perilous […]
Canes Midstream acquires Midland Basin assets of Cogent Midstream
Dallas-based Canes Midstream said Wednesday it closed a transaction to acquire Cogent Midstream, also based in Dallas. Cogent assets in a 10-county area of Midland Basin include 520 million cfd of processing capacity, about 800 miles of pipelines, 42 compressor stations, crude oil gathering system, and acreage dedications from Midland Basin producers. Infrastructure is primarily […]
Permian adds 8 rigs last week to reach 343, Pioneer is U.S. leader with 26
After a pause in activity that added only 1 rig in the last 4 weeks, Permian Basin added 8 rigs last week for a new total of 343 active oil and gas drilling rigs as of May 20, according to Baker Hughes. Also there were 357 rigs in Texas (up 12 in past week, up […]
Permian oil production forecast to grow to 5.219 million b/d in June
U.S. Energy Information Administration expects continued growth in crude oil production in Permian Basin and seven major producing regions. In the latest drilling productivity report May 16, EIA said oil production in Permian is expected to grow by 88,000 b/d since last month to 5.219 million b/d in June. Production in the seven U.S. regions […]
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