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 […]
Petrodollar Paranoia
by Dr. M. Ray Perryman Recently, there has been much focus on the “petrodollar” and whether it will continue as the currency of choice in the oil market. China and Saudi Arabia have discussed shifting away from it, a move that some worry will end the dollar’s dominance in world markets; others seem to think […]
U.S. Oil Supply Likely To Increase
Enverus Intelligence Research, a part of Enverus, a leading global energy data analytics and SaaS technology company, released on March 21 a new report examining the likely responses by U.S. oil producers, both public and private, to high oil prices and increased concerns about energy security in the wake of Russia’s recent invasion of Ukraine. […]
Is Oil Price Volatility Increasing?
By Steve Hendrickson If you’re like me, you probably feel that the volatility of oil prices has been very high in the past couple of years. After all, oil prices were well above $100/bbl recently and had a negative price scarcely two years ago. And we’re experiencing significant global events that have an economic impact that influences […]
Tubulars Maker Starts 40-acre Facility
Corrosion Resistant Alloys, LP (CRA), a just-in-time (JIT) manufacturer of high quality corrosion resistant alloy tubulars, announced March 29 that the company had broken ground on the construction of a new manufacturing facility in Brenham, Texas. The new facility will deliver an expansion of manufacturing capabilities and capacity, streamline processes, and further advance CRA’s vision […]
Christian to Biden: Stop Being Anti-Oil
Texas Railroad Commission Chairman Wayne Christian on March 4 penned an open letter to President Joe Biden critiquing his failed energy agenda and providing solutions to the ongoing global energy crisis. In the letter, he calls on Biden to immediately end all Russian oil imports to the United States, instruct international oil and gas companies […]
RRC Takes Aim on Seismicity
In the western Permian Basin, the Texas Railroad Commission (RRC) began implementation in early March of a first-of-its-kind operator-led response plan that addresses injection-induced seismicity to help keep residents and the environment safe. The plan for the Northern Culberson-Reeves Seismic Response Area (SRA)—which is adjacent to Guadalupe Mountain National Park to the west and is […]
Eagle and VanZandt Combine
Eagle Automation, a leader in measurement and automation for industrial customers, announced March 7 the signing of an agreement to join forces with VanZandt Controls LLC, based in Midland, Texas. Since 2015, VanZandt Controls has become a trusted distributor for valve automation, flow measurement, instrumentation, and controls. Featheringill Capital in Birmingham, Ala., will be the […]
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