(BUSINESS WIRE) Pioneer Natural Resources Company announced Jan. 2 that Richard (“Rich”) P. Dealy has commenced his new role as CEO and Scott D. Sheffield has transitioned to the non-executive role of Special Advisor to the CEO, both effective January 1, 2024. As previously announced, Dealy succeeds Mr. Sheffield, who retired as CEO on December […]
On AI, Cybersecurity, and Email Authentication
In 2024, we can expect to see a dramatic escalation in AI-fueled disinformation and sophisticated cyber threats, especially during the U.S. election year. With disinformation spreading more rapidly due to advanced AI tools, email authentication will become critical to safeguard against false narratives. The election season will likely see intensified information attacks, highlighting the need […]
Soliman’s Legacy of Innovation Celebrated
For nearly seven decades, hydraulic fracturing technology innovation has been the cornerstone of economic production from low permeability formations, unlocking vast reserves of natural gas and oil. The success of this technology relies on the collaboration of experts from various disciplines, including rock and fluid mechanics, geoscience, completion engineering, reservoir engineering, and production engineering. At […]
Volatility Likely for Another Year
Volatility was the name of the game in 2023. Given the conflicts in Europe and the Middle East and ongoing concerns about sluggish economic growth in China and elsewhere—it’s no wonder energy prices remained volatile through most of the year. This volatility and uncertainty also served to drive deal making to a 10-year low. With a […]
World Leaders Ignore Safety Issues with Green Energy
by Steve Goreham The nations of the world pursue an unprecedented energy transition. Efforts are underway to force a shift from coal, oil, and natural gas to renewable energy sources by 2050. But key elements of the proposed transition suffer from green energy safety issues. These are batteries for electric vehicles and electricity storage, and […]
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 […]
Culture Needs Ethical Underpinnings
by Chuck Gallagher In an era marked by digital transformation, evolving work dynamics, and heightened public scrutiny, one might expect organizations to foster a culture embedded in ethical foundations. Yet, as recent statistics highlight, the reality presents a concerning disconnect. A predominant number of employees—87 percent to be precise—indicate their workplaces lack a foundational ethical […]
Christian Applauds Textbooks Decision
The Texas State Board of Education voted on Nov. 17 on its Proclamation 2024, which determines the types of textbooks and materials students will use in the 2024-2025 school year. Following the SBOE’s actions, Texas Railroad Commissioner Wayne Christian applauded the outcome and shared the following: “Students need to learn about fossil fuels and real-world energy, where it […]
OFS Jobs Continue to Climb
The Energy Workforce and Technology Council released its monthly jobs report on Nov. 7, indicating an addition of 1,736 oil & gas jobs to the Oilfield Service Industry, bringing its total to 652,874, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to September numbers and analysis. In comparison to the […]
Exxon Mobil Leads Conversations on X
Exxon Mobil Corp. has emerged as the top company—with 28 percent share of conversations among the top 10 most mentioned oil and gas companies on social media platform “X” in 2023 (01 January 1 to October 31)–according to findings of the Social Media Analytics Platform of GlobalData, a leading data and analytics company. The remaining nine […]
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