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 […]
Rising to the Occasion
As long as there are oil wells—greenfield and brownfield—there will be a need for downhole tools. That much is unchanging. What is up for grabs is the kind, the number, and the speed at which they’re needed. For Ruger Oil Tools, the times they are a’changin’. For Mesquite Oil Tools, the more things change, the […]
Too Much, Too Fast?
“Go to the ant,” suggested King Solomon, because even without a company man, the ant “stores its provisions in summer and gathers its food at harvest.” Retired veteran oilman Mike Shellman admits that he is a contrarian when it comes to how fast and hard to push production from new wells. And he avoids shale […]
Shifting Sand
As prevalent as a PropX box. While that line, above, is not a commonplace figure of speech in the Basin, it might as well be. The PropX box is everywhere. That’s because sand is everywhere—or at least it is going everywhere. And usually on the road that you are driving on. When God put the […]
Where the Water Goes
An oil well produces three things: oil, natural gas and (mostly) water. All three of those things have to have somewhere to go in order for the well to operate, and right now only two of them are profitable. The last is working its way up from being a nuisance to being a useful byproduct, […]
2024 Outlook: Mixed, But Promising
In releasing its 2024 Outlook in January, Enverus researchers and prognosticators see a decline in the huge merger and acquisition frenzy of the previous year, and they see the remaining Permian producers keeping the flow going by attacking secondary zones with new technology and procedures. Enverus Intelligence Research’s Senior Geology Associate on the Permian Team, […]
California’s Green Gambit
Earlier this year, California passed regulations that would turn the trucking industry upside down. New mandates for zero emissions trucks would disrupt the industry, raise shipping costs, and put trucking companies out of business. A group including 19 states and several trucking organizations recently filed suit to block the California regulation. California’s Advanced Clean Fleets […]
The Barnett Bonanza is Coming, Says Enverus
Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS platform, has released on Nov. 7 a new report examining various exploration and production (E&P) companies testing the Barnett Formation in the Midland Basin, including economic and productivity outcomes. “Sometimes the best place to find new oil is in already-producing areas, which neatly describes […]
To Go with the Flow
Since the lifting of oil export restrictions in 2015, the United States has become a major player in international trade in oil as well as in natural gas. The first half of 2023 saw U.S. exports of both commodities surging to new heights. In fact, over that period the United States surpassed Qatar and Australia […]
Endeavoring to Make a Difference
We live in interesting times. What the world has taught us since Covid is that nothing that one might expect to happen, will happen. Rather, what happens is something altogether unexpected. WTI was supposed to climb above $100 before year’s end. As this sentence is being formed, it stands at $75. The price of crude […]
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