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
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
Among the myriad ongoing conflicts between anti-fracking protestors and the oil and gas industry, fracking’s supposedly harmful impact on nearby water sources is one of the most controversial. An integral part of the fracking process, water has been at the center of a debate that is still ongoing. Frankly, the continued outrage over fracking and its relationship with water is getting increasingly shaky. New technology, industry pledges, and old-fashioned scientific evidence is proving that when
As the United States’ oil and gas industry continues to gain momentum, one of the most prominent performers has been Texas and New Mexico’s Permian Basin. Over the last few years, the Permian has come to represent the United States’ growing dominance in energy production. In recent months, however, some unexpected financial choices from some of the nation’s largest hedge funds have begun to make some investors wonder about the future of the Permian Basin.
The first major storm of the 2017 season has been sighted and it is inbound on the Gulf Coast and parts of the southern United States. This seemingly inevitable storm may have a notable impact on oil and gas operations in several states when it makes landfall later in the week. Continue reading
As the world moves forward with the Paris Climate Agreement, one world leader has risen to the top of the pile in terms of outspoken support of the pact. That man is Canada’s Prime Minister Justin Trudeau. His vocal “disappointment” at the United States’ departure from the Paris Agreement has won him fans around the globe. Yet, the young Prime Minister’s support for the act is threatening to destabilize one of his country’s most important
As the oil and gas industry works to recover from its years-long recession, the need to supply new and future projects with talented employees is growing. As companies in every sector of the industry search for talented employees, there is also a dramatic change taking place in the way oil and gas companies hire incoming professionals, and things will never look the same again. Continue reading
Since the Trump administration took office earlier this year, the President has been working to make good on his campaign promises. In a lot of cases, that has meant battling his way upstream against a steady flow of criticism. The President’s environmental goals have been no different. Whether its the repeated attacks on his decision to open up federal lands to more extraction opportunities or his attempts to de-regulate the oil and gas industry, it
After several years of waiting for the Nigerian government to agree on some form of the Petroleum Industry Governance Bill, the country’s Senate has finally passed a version of the PIGB. Lawmakers from the oil rich African nation set about rallying the country’s House of Representatives to pass the bill, as well. If Nigeria is capable of coordinating its efforts and passing a finalized version of the PIGB, then its oil and gas reserves will
As 2017 continues to move forward, the assault on fracking shows no signs of slowing down. Even as the United States moves toward an unprecedented state of energy independence, even as the oil and gas industry is helping to bridge the ideological gap between the United States and foreign allies, even as the industry works tirelessly to operate more efficiently and with more environmental responsibility, opponents of fracking continue to decry the act.
- Comprehensive Maps of Underground Pipelines in Colo. Is Reckless, Potentially Dangerous January 10, 2018
- A Glance at What’s Coming for Oil and Gas in 2018 January 3, 2018
- Oil and Gas Commits to the Environmental Partnership December 7, 2017
- Olympia, Wash. Anti-fracking Protestors Had No Clue What They Were Doing December 1, 2017
- Fracking, By the Numbers November 7, 2017