Near-term gas market expansion continues to be driven by global demand for U.S. LNG exports, which will largely be supplied through continued growth in Permian associated gas and Haynesville production, according to a recent report from Wood Mackenzie. “LNG export growth will drive the market for many years but will slow substantially in the 2030s, […]
Tinker: “No Form of Energy is Renewable”
At the International Energy Summit in Miami, Fla., held May 30-June 1, Dr. Scott Tinker, Director, Bureau of Economic Geology, The University of Texas at Austin, delivered a talk challenging the idea of renewable energy. The lecture sparked intense discussion on the ongoing energy transition. Each year, AIEN hosts a lecturer as part of their […]
Machine Learning To Transform Oil and Gas
Machine learning is a rapidly growing field in the oil and gas industry. It can be used to analyze seismic data, well logs, and other geologic data to identify potential oil and gas reservoirs. Machine learning algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. […]
Sand: Delivery is Everything
“In most cases the largest cost component of frac sand for wells is the delivery cost,” said Bud Brigham, executive chairman and CEO of Atlas Energy Solutions, in an email interview. Atlas’s goal is “to get the trucks off the public roads” for safety, efficiency, and the environment. Those are similar to the goals of […]
Chemical Safety: SDS
If you were to look into any popular publications or magazines, seeking some riveting reading material, you probably wouldn’t find many articles about Safety Data Sheets, aka SDS. The world is full of mind-numbing acronyms, but hardly any create such low excitement as the three letters SDS, especially if you are in the oil and […]
New Mexico board approves new rule to curb oilfield emissions
New Mexico’s environmental improvement board recently approved a new rule to curb oilfield emissions that cause ground-level ozone. The so-called “ozone precursor rule” is intended to reduce this pollutant in areas where fossil fuel operations elevate it to levels deemed unsafe. Advocates told the Santa Fe New Mexican that the new regulation “will make New […]
To Allocate an Asset: Water
by Jesse Mullins MIDLAND, TEXAS—Welcoming the usual full-house crowd to the familiar confines of the Horseshoe Arena in this oil-and-gas-savvy town, the Permian Basin Water in Energy Conference (PBWIEC), in its fifth annual iteration, submerged itself in the depths of the ongoing “water in energy” discussion for two days (March 1-2), hosting a full slate […]
Have a Game Plan
Today I will be making an analogy to the sport of football. It is one of the most popular sports in the Permian Basin. Most companies, large or small, evaluate their respective effectiveness as a safe company once a year. Traditionally it is after the Christmas season and the start of the new year in […]
Balancing Act
Drilling a well in any oil formation actually produces three things: Oil, natural gas (and associated liquids), and water. All of it must go somewhere on its way to processing, disposal, or reuse. As those ratios change, apportioning the midstream capacity can be a moving target, especially when those investment decisions and construction windows involve […]
To Weather the Storms
The saying about the weather—if you don’t like it, just wait a minute, it’ll change—has become interchangeable with oil prices. Actually, oil prices tend to change even if you do like the current ones. The last two years have pelted the industry with everything from the tornadoes of negative prices to the sunshine of triple […]
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