The decade of 2010 opened to a “black gold rush” built upon horizontal drilling and hydraulic fracturing, drawing in a flood of investment money of all kinds. Investors dreamed of funding an unlimited Christmas list for producers and service companies alike, asking only that the list be used to expand the company so it could […]
“Buy American”
Well, at the writing of this article things are looking much better than over the last two months, as many states are “opening up” and the Covid-19 statistics are not changing dramatically. It appears the worst of the pandemic is behind us. We’ve survived a lot. We’ve survived weeks of full quarantine. We’ve survived negative […]
Employee Legal Disputes, and How to Avoid Them
I have a forum to write about crucial Human Resource (HR) topics, or shall I say, people topics that may allow your organization to avoid unwanted employee legal disputes as well as provide some helpful hints for you. It is May 16, 2020, and I am writing this article for the July 2020 issue. What […]
Data Security: Staying a Step Ahead
Any conversation with a corporate IT or cybersecurity person very quickly includes the phrase “It’s not if, but when and how bad” when the topic is the likelihood of being hacked. Employing good security measures in hardware, software, and the most important factor—people—does provide great protection. But, like Luke Skywalker slipping a bomb into a […]
No Time to Back off Safety
As companies start recovering from the coronavirus debacle and the major downturn due to oil prices, the time has come to focus on rebuilding a sustainable business, especially in the field of safety. Some companies just continue to rebuild following the same philosophies and principles that have been carried on for years. It is a […]
Natural Gas: What’s Next?
Can natural gas prices rise even in a generational downturn like the COVID-19 situation? Analysts including the U.S. Energy Information Administration (EIA) feel that prices were already so low that they had nowhere to go but up anyway. In the Permian Basin in particular, gas prices were artificially low due to takeaway constraints. Such constraints […]
This is NOT the 1980s
Oil production costs are down sharply in Texas in recent years, but they are not yet at a level to maintain viability given current prices and uncertainty. As a result, significant disruptions in oil production areas are occurring. The industry initiated a rapid shutdown of drilling activity, which rippled through an enormous supply chain and […]
Rollin’
Bumper stickers touting “If you have it, a truck brought it” have never been more on point than during a worldwide lockdown. This is always true in the oilfield, where tons of pipe and machinery share lanes with millions of barrels of water, drilling mud, and other supplies every hour of every day. As drilling […]
Challenging Times
Greetings to all! In light of recent events—the Coronavirus, oil prices tanking, etc.—this month’s installment may not delve into the intricacies of typical safety topics. Since most of the workforce has been laid off in the last month or two, there is probably not a huge interest in hearing a discussion of the theories of […]
Making the Case for O&G
During the debates, it seems Democratic candidates had a field day using oil and gas as a punching bag. Presumable nominee Joe Biden promised to end drilling and hydraulic fracturing at least on federal lands. Former candidate Bernie Sanders threatened to prosecute oil and gas executives for crimes against humanity due to their presumed role […]
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