Frac’ing a well in the Permian Basin can require up to 42 million gallons of water. Getting so much water from identified sources to a well often involves synchronized operation of multiple large diesel pumps spread out over the entire length of the transfer line. The pumps must be started and brought up to operating […]
Pressing for Accountability Within the E&P Sector
Kimmeridge Energy Management Company, LLC, a private equity firm focused on upstream energy, with an investment philosophy underpinned by fundamental research, has published a white paper entitled, “Bringing Alignment and Accountability to the E&P Sector.” Kimmeridge Energy maintains that the U.S. E&P sector is broken and a root cause is the lack of alignment between […]
Shale Operators Finding New Growth Opportunities
Following the early disruption caused by the crude price crash, the U.S. shale industry has gradually started to adapt to the new pricing environment. Since the third quarter of 2020, various companies have executed a series of M&As in the industry. Consequently, U.S. shale drillers have developed a renewed optimism and potentially may sense some […]
Setbacks to O&G in 2020 Include Midstream Impacts
Around three quarters of North American midstream projects that have been impacted of late are in the United States, according to a Dec. 1 report from GlobalData. As a consequence, several oil and gas companies with midstream operations have had to revisit their business strategies and capex plans amid dwindling revenues. With LNG buyers’ preference […]
Crucial Decision Making Analyzed in Talks
Ryan Sitton, founder of Pinnacle, a reliability data analytics company, and author of debut book Crucial Decisions, was recently featured as a guest lecturer to university students enrolled in energy management programs across the country. Topics included his knowledge of data analytics and the energy industry including potential challenges, opportunities, and transitions. Sitton will continue […]
Steffes Expands in Permian With New Midland Office
Steffes has announced the opening of a new office in Midland, Texas. This new location provides the company with a larger inventory yard, office space for the local sales and service team, and adequate square footage for future manufacturing capabilities. According to Todd Mayer, Steffes co-president, “This expansion represents our continued commitment to sales, service, […]
Refining Sector Braces For “Great Shakeout”
Demand destruction wrought by the impacts of COVID-19 is precipitating swift reassessment in the refining sector as the industry adjusts its level of refining capacity needed compared to what had been expected prior to the pandemic. The latest IHS Markit refined products demand outlook shows that the refining industry would need to shutter some 3.1 […]
Danos Has Award-Winning Year
Danos has been named the recipient of the 2020 Workforce Innovator of the Year Award by the Louisiana Association of Business and Industry (LABI). According to the organization, the award honors organizations “that have provided substantial innovations or contributions to workforce development in Louisiana. The award recognizes those who have excelled in creating, implementing, or […]
Industrial-Strength Brine, Meet Your Kryptonite
A thin coating of the 2D nanomaterial hexagonal boron nitride is the key ingredient in a cost-effective technology developed by Rice University engineers for desalinating industrial-strength brine. More than 1.8 billion people live in countries where fresh water is scarce. In many arid regions, seawater or salty groundwater is plentiful but costly to desalinate. In […]
O&G Economic Benefits Packaged for Easy Sharing
America is the world’s leading producer of oil and natural gas. The oil and gas industry supports millions of American jobs, provides lower energy costs for consumers, and ensures our energy security. The Trump Administration and the Department of Energy have shown commitment to supporting our oil and gas industry so that we continue to […]
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