This article was published by the Environmental Defense Fund on April 22. (NEW YORK) Findings published today in the journal Science Advances show that oil and gas operations in America’s sprawling Permian Basin are releasing methane at twice [Read more]
The Appalachian, Permian Basins and the Haynesville Shale play accounted for less than 15 per cent of total U.S. natural gas production as recently as in 2007, but today they account for nearly 50 per [Read more]
If the price of oil climbs high enough, some producers locked into contracts signed when oil prices were lower could find themselves losing money, not just making less. Anadarko photo. Many oil producers entered into contracts at [Read more]
Oil production to reach 5.4 milliion b/d in 2023, more than current production from any OPEC member other than Saudi Arabia Oil production in the Permian Basin, already a major force in global supply growth, [Read more]
Water recycling is another way operators can reduce disposal costs and limit water sourcing constraints – something Canadian producers already do With the recent rise oil prices, operators have been adding rigs and ramping up [Read more]
Trinidad Drilling expects to spend a total of $57.5 million in growth capital in 2018 Trinidad Drilling Ltd. announced it agreed to sell its three remaining rigs located in Saudi Arabia owned by Trinidad Drilling [Read more]
Increased US shale production is expected to overwhelm refining capacity. Last October, the Port of Corpus Christi signed an agreement with the US Army Corps of Engineers to expand the shipping channel to accommodate larger [Read more]
US oil production rising despite fewer rigs and producers focusing on “core” parts of the shale play, including the Permian basin. Apache photo. US oil production topped 10 million b/d in November: EIA By John [Read more]
70% of Trinidad revenue generated by operations outside Canada Trinidad Drilling Ltd. has announced it’s moving eight rigs to the Permian Basin, TX to meet increased customer demand, according to a press release. The rigs [Read more]
Shale producers have plenty of room to reduce costs, small OPEC producers need high oil prices As global oil markets continue to roil, OPEC’s weak sisters are panicking and American shale producers are digging in [Read more]
Clean Water Act needs to go back to the drawing board – Rep. Lamar Smith Let there be no question where Texans stand on the Obama Administration’s latest attempt to redefine the Clean Water Act: [Read more]
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