New Assessment of the Mancos Shale Sparks Controversy
Oil and gas industry groups in Colorado are requesting that the BLM revise and republish the EIS for the Thompson Divide area issued in February 2016. In June the U. S. Geological Survey announced that...
View ArticleStates Hardest Hit by Oil Prices
The impact of the oil price slump since 2014 is being felt hardest in energy-dependent states including Alaska, Oklahoma, Louisiana, and North Dakota. Even though the oil price now hovers around $50...
View ArticleRig Count Increasing
The number of rigs operating in the U.S. has slowly increased for the past five weeks. Baker Hughes reported that 10 rigs were added the week ending July 8, bringing the total count up to 351. The...
View ArticleMost Methane Does not come from Oil and Gas Production
A study released on July 11 by the Proceedings of the National Academy of Science says less than 5 percent of Colorado’s water wells that were checked for methane had been tainted by oil and gas leaks...
View ArticleSaudi’s say Oil Market is Balancing
The Saudi Arabia Energy minister, Khalid-al-Falih, in a statement said that Saudi Arabia is striving to stabilize the oil market. In a climate meeting in Berlin, Al-Falih said, "In doing so, the...
View ArticleBenefits of Oil Shale Boom
Two professors from the Wharton School of Economics and one from the Simon School of Business reposted in early July on the Economic Benefits to the U.S. Economy of the Oil Shale Boom. The oil shale...
View ArticleOil Prices Drop Due to Turkish Coup
Crude oil prices for WTI dropped nearly 2% to $45.03 and Brent crude to $46.70 due to the Turkish failed coup. Oil tankers were reported to be loading and uploading cargoes normally on Monday morning....
View ArticleShipping Reopens in Turkey
Oil and other shipments were reopened on July 17 in Istanbul’s Bosphorus Strait following last week failed coup by a faction of the Turkish military. The Bosphorus is the most important maritime...
View ArticleOESI Forum - Focusing on Alarm Management for Safer Offshore Operations
The intent of this Forum is to stimulate dialogue among the ocean energy stakeholders. We will take this opportunity to share and discuss Best Practices in the management of alarms for safer offshore...
View ArticleCanada Recovers from Impact of Wildfire on Oil and Gas
The wildfires in Alberta earlier in the summer cut daily oil production by over 1 million barrels. Canadian finance Minister, Bill Morneau, told the G20 meeting in Chengdu, China that Canada's economy...
View ArticleChina Asks U.S Secretary Kerry for Assistance
China’s Foreign minister, Wang Yi, has asked U.S. Secretary of State, John Kerry to support direct talks between China and the Philippines over the South China Sea. China has refused to accept the July...
View ArticleINTECSEA Appoints 1st Female President
Offshore Consultancy INTECSEA announced in Houston that Geeta Thakorlal will be the new president, replacing outgoing Neil Mackintosh. Thakorlal has over “25 years of award-winning excellent in the...
View ArticleJuly - Worst Month of the Year
On Friday, July 29, oil prices steadied after a week-long selloff, touching the lowest price since April. U.S. crude oil fell nearly 15% in July, making it the biggest monthly loss of 2016. The decline...
View ArticleMarcellus Drilling Increases
The Pittsburg Post-Gazette announces that drilling in Pennsylvania’s Marcellus shale has increased, slowly and cautiously. At a meeting last week drillers in the Marcellus said they would be focused on...
View ArticleSummer NAPE Expo
Visit our new RPSEA President, Tom Williams, and Jack Belcher, Business Development Program Director, at NAPE booth number 2210.
View ArticleRPSEA Elects New President - Tom Williams
The Research Partnership to Secure Energy for America (RPSEA) has elected Tom Williams as its new President. Throughout his career since holding management positions at the U.S. Department of Energy...
View ArticleAPI and EIA Announce Conflicting Data
Last week API announced that crude inventories had fallen by 3.9 million barrels, while EIA published “significantly contradictory information”, showing that oil stocks have increased by 1.4 million...
View ArticleInternational Maritime Organization Launches new Environmental Website
On August 4th the International Maritime Organization launched GloMEEP a website designed to improve energy efficiency and boost efforts to improve environmentally sound shipping practices. A feature...
View ArticleNatural Gas Consumption Rises with Heat Wave
The heat wave across the U.S. this summer has caused record gas consumption at power plants generating electricity for air conditioning. Surplus natural gas storage stocks have declined since March...
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