Legislation has recently been drafted that would alter the process of hiring inspectors and increase discussion related to drilling operations.
With all of the attention that has been focused on the Bakken in North Dakota and the Marcellus shale in the Mid-Atlantic, it is easy to forget that California is one of the top oil producing states in America.
A recent report from the Casper Star-Tribune reveals that oil and gas industry insiders believe that while development of the Niobrara shale formation is proceeding slowly, the region presents a number of strong opportunities.
he National Petroleum Council (NPC) issued a report to Energy Secretary Steven Chu on September 14 stating that oil fields in the United States could one day produce as much crude oil as Venezuela.
Could US oil production peak...NOW? Shale oil production in the United States could potentially stop growing as early as...now. As in March 2015. The information came out in the EIA’s latest Drilling Productivity Report which was published on March 9, 2015. The report predicts that US shale production in the month of April will exceed...
There’s a race going on in the oilpatch now to the bitter end—the end of the year. And it’s not being driven by economics.  It’s being driven by the REAL currency in the oilpatch: Reputation. The energy market is cyclical and all the veteran producers and bankers of the oilpatch know this. Each...
Flying into Erbil is deceiving. This capital city of semi-autonomous Kurdistan province in Iraq has a modern but very small airport-not what you would expect, by western standards, for a capital city of nearly 1 million people. And the flat rocky desert surrounding the airport makes you think you...
A major partnership between a Canadian company and a major Japanese oil and gas producer was recently announced.