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 […]
On Getting Plugged In
The severe and still-mounting shortfall of electricity in oil country is something that will only be resolved when suppliers and users alike are aware of the needs and the limitations of the system. For E&P companies, communication is the key. by Al Pickett, special contributor The shift from vertical to more horizontal drilling 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 […]
Decision 2016: How Fares O&G?
The stakes are set and they are indeed high, where the hydrocarbons crowd is concerned. Which candidate bodes best for energy? And do other considerations trump our key concern, given the mixed bag that each prospect represents? by J. Chase Beakley It has been an unlikely election season to say the very least. After […]
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 […]
Another Losing Season – Earnings Reports 10/16
Financial and operating results for the quarter ended June 30, 2016. The second quarter featured mostly year-over-year and quarter-over-quarter declines, nothing overly surprising. Of the 24 companies covered below, 23 had net losses for the second quarter. The major players will undoubtedly look ahead to more efficient and promising days. Anadarko Anadarko Petroleum Corporation […]
New and Noteworthy: October 2016
Fresh offerings of products and services for the oil and gas set. Ultra‐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 […]
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