In many ways, the story of drilling is the story of the drill bit. As that device has changed, so has the entire enterprise of making hole. by Bobby Weaver In today’s world the speed and efficiency of drilling oil wells has reached a level undreamed of by early day oilmen. The evolution […]
Drilling Deeper: Going Inside the Machine, and More
Recent activities in the patch reveal an industry that never stops looking for answers. Blackeagle Completes Grand Mesa Blackeagle Energy Services, a leader in the utility and energy industries, announced Oct. 26 that its construction work on the origin stations for the Grand Mesa Pipeline project for NGL Energy Partners was on track […]
Earnings Reports: December 2016
Another Lost Quarter, But We Think We Know Where To Find It Financial and operating results for the quarter ended Sept. 30, 2016. The third quarter featured, once again, mostly declines. Aside from the quarter, all is not lost, and judging by the minor improvements made by many companies, most may find themselves a bit […]
New And Noteworthy: December 2016
Fresh offerings of products and services for the oil and gas set. Next-Generation Acoustic Analysis Service Halliburton announced on Sept. 20 the release of the Acoustic Conformance Xaminer service (ACX), a technology to help operators identify and pinpoint costly wellbore leaks by analyzing sound waves that describe flow patterns in the formation and […]
The Broader Picture: December 2016
October’s Energy Reports from EIA and Platts: O&G news from beyond the Permian’s borders—news that, in some way, touches the Basin. Oct. 25 Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30 percent of total global crude oil production. Offshore oil production increased in […]
Drilling Deeper: Spinning the Wheels
With a flurry of activity, both friendly and less-so, Basin operations are slowly but increasingly beginning to resemble the booming Basin we are used to. Energy is Priority for American Voters API President and CEO Jack Gerard highlighted the importance of American energy ahead of the first presidential debate. Gerard’s full remarks, as prepared […]
Broader Picture: Reports from EIA, Platts, and Global Data Nov 2016
Sept. 14 Current EIA estimates show DUC counts as of the end of August totaling 4,117 in the four oil-dominant regions (Bakken, Eagle Ford, Niobrara, and Permian) and 914 in the three natural gas-dominant regions (Haynesville, Marcellus, and Utica) that together account for nearly all U.S. tight oil and shale gas production. In the oil […]
New And Noteworthy: Nov 2016
Low Headroom Wire Rope Hoist Expanding its comprehensive line of high-quality wire rope hoists, Columbus McKinnon Corporation (NASDAQ: CMCO), a leading designer, manufacturer, and marketer of material handling products, systems, and services, introduces the Yale LodeKing LT ultra‐low headroom top‐running wire rope hoist. Available in capacities ranging from 10 to 25 tons, the LodeKing […]
iTankData Announces First Mobile App to Manage Oil Field Operations
iTankData Announces First Mobile App to Manage Oil Field Operations, to be rolled out at Permian Basin International Oil Show (PBIOS), October 18-20 “This mobile app allows operators to monitor production specific to leases and pumper staff. By 7am each day, supervisors can direct field crew based on the current status of crude oil production […]
Getting the Big Picture
GIS mapping does more than scratch the surface. Managing assets and working around existing pipelines, wells, and environmental restrictions makes GIS more necessity than luxury. by Paul Wiseman Remember the days of carrying a Rand McNally road atlas in the car on road trips—madly flipping pages when crossing state lines and trying to find […]
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