Intelligent Wellhead Systems, a provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a provider of hydraulic fracturing services, announced on July 2 what they describe as successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations. Working […]
AI and the Future of Energy
Artificial Intelligence (AI) is the next big thing in energy, dominating discussions at all levels in companies, banks, investment funds, and governments. Just as the internet and mobile communications led to higher global economic growth by boosting trade and productivity, AI and advanced computing capability are expected to deliver transformative change. Besides a shot in […]
Remainder of 2024 Unlikely to Hold Wild Price Moves
The first half of 2024 has been riddled with geopolitical tension that’s made for a wild ride with crude oil prices. With West Texas Intermediate (WTI) prices ranging from $70 per barrel in January to as high as near $87 per barrel in mid-April, many are left wondering if this ride will continue through the […]
A Question of Fixed Versus Floating Interest
The Texas Supreme Court recently requested full briefing in a petition for review from the Eighth Court of Appeals in El Paso, titled Clifton, et al. v. Johnson, et al. The petition for review requests that the Supreme Court reverse the appellate court’s judgment and render judgment for the Appellants. The issue at hand involves […]
Harris leads 8 Texas counties in top 10 of annual numeric growth in population
Eight of the top 10 counties in the U.S. with the largest annual numeric growth in population are in Texas, including top-ranked Harris County that grew from 4,731,122 April 1, 2020, to 4,781,337 July 1, 2022, and 4,835,125 July 1, 2023. Data from U.S. Census Bureau show Texas’ Collin County is second with 1,195,359 July […]
Texas receives 68 applications for $1 billion in water improvement projects
Texas Water Development Board last week began considering applications for $1 billion for water infrastructure and supply projects. The Texas Tribune said the board received 68 requests from cities and local water systems for money from the fund, which will be combined with state and federal tax dollars. The projects selected to receive funds will […]
U.S. adds 3 rigs, but Texas (276) and New Mexico (108) remain flat
U.S. added 3 rigs in the past week for 589 active oil and gas drilling rigs, according to the weekly report of July 26 by Baker Hughes. That’s down 75 from 664 a year ago. But Texas and New Mexico did not contribute to last week’s gain. Both were unchanged – Texas at 276 (322 […]
Permian Resources to acquire assets in Delaware Basin from Occidental
Midland-based Permian Resources said Monday it reached agreement with Occidental Petroleum to purchase a large, contiguous acreage position in Delaware Basin for $817.5 million. The acquisition is comprised of 29,500 net acres, 9,900 net royalty acres and 15,000 boed near Permian Resources’ existing position in Reeves County. The deal adds about 200 gross operated locations […]
The Escalating Cyber Stakes
In just one year—2022-2023—ransomware attacks on operational technology (OT) in the United States increased by 50 percent, according to cyber security experts at Dragos, in their 2023 Year in Review. And cyber security firm Palo Alto Networks reported that 70 percent of industrial firms suffered a cyber attack in 2023 (The State of OT Security […]
U.S. operators generate record megawatt hours of electricity from natural gas
U.S. Energy Information Administration said Thursday the nation’s power plant operators generated 6.9 million megawatt hours (MWh) of electricity from natural gas on a daily basis in the lower 48 states July 9. It’s probably the most in history and certainly since at least Jan. 1, 2019, when EIA began collecting hourly data about natural […]
- « Previous Page
- 1
- …
- 52
- 53
- 54
- 55
- 56
- …
- 371
- Next Page »