Tropical Storm Harvey Oil and Gas Impact Will Be Felt for Months to Come

Freak weather patterns have turned Tropical Storm Harvey into one of the most destructive storms in the history of the United States. People have been left homeless, thousands of gallons of water have been dumped across 44 counties in Texas, and the state’s oil and gas industry has been stopped in its tracks. What’s worse, the National Weather Service predicts that Harvey might gain renewed strength as it drifts back out to the Gulf of Mexico.

Initially classified a Category 4 hurricane as it made landfall on Friday afternoon, Hurricane Harvey has since been downgraded to Tropical Storm Harvey. That doesn’t seem to have diminished the already tangible impact on the people of Texas. It’s not over, either. Harvey’s long term effects could be felt by the whole of the world.

Continue reading

Geology Might Do the Job of the United Kingdom’s Anti-Fracking Protestors

After a particularly pitched fight over the future of fracking in the UK, one geologist might burst the fracking bubble with a single incendiary report.

According to Prof. John Underhill of Heriot-Watt University, the presumed 1,300 trillion cubic feet of gas that lies underneath the United Kingdom may not be as accessible as previously hinted. That’s great news for anti-fracking protestors who have proven a willingness to get their hands dirty in the fight to keep fracking out of the UK.

Continue reading

Jonah Energy’s NPL Natural Gas Development Project Inches Toward Completion

The Wyoming Bureau of Land Management is now allowing public comment on Jonah Energy’s next ambitious undertaking, the Normally Pressurized Lance natural gas project. The proposed development could help stimulate the state’s economy with a plethora of new jobs and an infusion of cash.

As every new oil and gas project must, however, Jonah Energy’s NPL project is drawing criticism from anti-fracking protestors.

Continue reading

A Pocket Guide to the Unrest in Venezuela and What It Means for US Oil and Gas

On July 31, the Trump administration responded to growing political turmoil in the South American country of Venezuela by initiating a series of sanctions against President Nicolás Maduro. Once a cherished trading partner for the United States, Venezuela is now looking at a period of political and economic strife for the foreseeable future.

But what exactly is going on in Venezuela? And what does the chaos mean for the United States oil and gas industry?

Continue reading

Nigeria Is Working to Reestablish Its Credibility On the World’s Oil and Gas Stage

It’s been a tough road for Nigeria as the oil-rich country has struggled to build up its energy industry. In spite of the nation’s ample resources and apparent willingness to commit themselves to oil and gas extraction, a small pocket of corruption has plagued the African nation’s development. Now, after years in the grip of a handful of scam artists, Nigeria is working its way back from the brink, and economic stability might be right behind it.

Continue reading

What Is the Climate Alliance and How Will it Impact Oil and Gas in Colorado?

In the wake of the United States’ decision to drop out of the Paris Climate Accord, several political leaders across the country have taken it upon themselves to form the US Climate Alliance. On Tuesday, July 11, Colorado Gov. John Hickenlooper became the latest state leader to join the crusade when he proclaimed that Colorado’s state agencies would reduce overall emissions throughout the state.

In Colorado, where the state’s oil and gas industry is a consistent economic boon, a pledge to reduce emissions sounds like the governor is putting the oil and gas industry in his sights. But how much real impact will this new Climate Alliance have on the state’s energy producers?

Continue reading

Four Advances in Technology That Are Making Hydraulic Fracturing Safer and More Efficient

At every turn, new minds are working to find ways to make the process of extracting shale through fracking safer and more efficient. In a world where the only certainty in the oil and gas industry seems to be the increasing demand, companies have been forced to adapt new technologies month after month. This necessity has made the fracking industry one of the more technologically exciting in the world.

Here are some of the ways that the energy industry is supplying the world with shale thanks to a boost from new technology.

Continue reading

The Decline in Active Wells Is Good News for Oil and Gas

Over the last six months, the United States oil and gas industry has seen incredible expansion. In June of 2016, the industry claimed 431 active rigs operating in the US. As of June 30, 2017, that number had leapt to 940 active rigs. Seven hundred and fifty-six of those are pumping oil, and 184 are extracting natural gas. The rise in production represents thousands of new jobs created since July of last year.

The last week in June, the United States’ overall rig count fell by a single rig. After 23 straight weeks of robust expansion in which the US oil and gas industry has reached 940 active rigs, the sudden downturn might strike some as a sign of trouble ahead.

Continue reading