U.S. count of active oil and gas rigs fell for the fifth straight week to a record low, according to June 5 report from Baker Hughes. There were 284 rigs in U.S. as of June 5 – an all-time low, Reuters said, according to records dating back to 1940 – compared to 301 rigs a […]
Jason Modglin named president of Texas Alliance of Energy Producers
Houston native Jason Modglin last week was named president of Texas Alliance of Energy Producers. Most recently he was director of public affairs for commissioner Christi Craddick at the Railroad Commission of Texas, and previously he served as chief of staff for Rep. Drew Darby, R-San Angelo, chairman of the energy resources committee in the […]
EOG Resources, Parsley Energy to restore crude production in shale fields
Houston-based EOG Resources and Austin-based Parsley Energy are among the earliest producers in shale fields to reveal plans for a crude oil rebound. Last week Bloomberg said EOG Resources, the nation’s largest shale-focused producer, plans to accelerate production in the second half of 2020 after shutting in a quarter of its crude in May. Permian […]
RS Energy Group says flaring volumes decline in Permian Basin
A report by RS Energy Group this week said flaring intensity in Permian Basin as measured by satellites shows that flaring volumes continue to decrease since October 2019. RSEG said flared volume last October was about 675 MMcfd, and it declined in January and April and again in May to about 320 MMcfd. RSEG added, […]
Challenging Times
Greetings to all! In light of recent events—the Coronavirus, oil prices tanking, etc.—this month’s installment may not delve into the intricacies of typical safety topics. Since most of the workforce has been laid off in the last month or two, there is probably not a huge interest in hearing a discussion of the theories of […]
Making the Case for O&G
During the debates, it seems Democratic candidates had a field day using oil and gas as a punching bag. Presumable nominee Joe Biden promised to end drilling and hydraulic fracturing at least on federal lands. Former candidate Bernie Sanders threatened to prosecute oil and gas executives for crimes against humanity due to their presumed role […]
Know Thyself
What will history say about you? I pose the question because we may be living through the worst times in our history. We are thrown into the mayhem of 2008, 911, the 1980s, Pearl Harbor, and the Spanish Flu all at once. What has been your reaction to the crisis of 2020? How have you […]
Permian Perseverance
In 2006, when I first began serving as the president of the Permian Basin Petroleum Association, many people around the state and nation talked about the Permian Basin like its best days were behind it. Some took joy in writing these obituaries, and some have begun to do so once again. Then, just like now, […]
Brighter Days Ahead
In 2020, oil and gas has gotten a bum rap. Even in an industry that has almost always had to buck an unfairly negative sentiment from media and from certain special interests, oil and gas has taken a beating in 2020. In the past year or more, the financial markets have added their voices to […]
Crude Oil Prices in Collapse
The Short Term Energy Outlook, published in April by the U.S. Energy Information Administration, held that the impacts of the 2019 novel coronavirus disease (COVID-19) on energy markets are still evolving. The COVID-19 pandemic has caused significant changes in energy fuel supply and demand patterns. Crude oil prices, in particular, have fallen significantly since the […]
- « Previous Page
- 1
- …
- 253
- 254
- 255
- 256
- 257
- …
- 369
- Next Page »