Offshore operator reports show that personnel were evacuated from 21 production platforms (3.5 percent of the manned platforms in the Gulf) and 2 rigs (2.6 percent) during Hurricane Isaac in late August, according to the Oil and Gas Journal. About 1.3 million b/d of production was offline at the height of the storm. The Journal […]
News Reviews
George P. Mitchell, who in the 1990s as the wildcatting boss of Mitchell Energy and Development pioneered hydraulic fracturing, favors more government regulation of fracking. “The administration is trying to tighten controls,” he told Forbes. “I think it’s a good idea. They should have very strict controls. The Department of Energy should do it.” Mitchell […]
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Across the United States, there’s “a growing understanding of how to use the technology to get at the resources.” Domestic crude oil production in the U.S. averaged more than six million bbl/d for the first quarter of 2012 for the first time since 1998. The U.S. Energy Information Administration attributed the milestone to growth of […]
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Barry Smitherman, chairman of the Texas Railroad Commission, testified in Washington, D.C., June 6 before the Energy and Commerce Committee of the U.S. House of Representatives about how some federal policies of the U.S. Environmental Protection Agency are “misguided and detrimental” to energy production in Texas. “Mr. [Al] Armendariz’ agenda was seemingly politically driven and […]
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Ripple Effects As the wider public gets a fuller appreciation for the Permian’s productivity, estimates keep climbing, boom towns keep booming, and export prospects pick up traction. Scott Sheffield says Wall Street never loved the Spraberry, a large oil field in six counties of west Texas, until three or four years ago. But at the […]
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