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Hamm joins Trump’s short list of cabinet prospects

trump, hamm, cabinet

As the dust settles from this year’s presidential election, conversation has already turned to Donald Trump’s proposed cabinet. Big names like Rudy Guiliani, former New York City Mayor, and other “like-minded CEOs,” top the list for positions in Trump’s cabinet. What does this mean for the oil and gas industry? One of the industry’s most prominent businessmen could hold a ...

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Will Hess add new Bakken rigs in 2017?

Bakken, Hess

More rigs for the Bakken are in the 2017 Hess plan, according to company president and CEO John Hess, who was speaking about the company’s game plan in their third-quarter earnings call. Hess reported a net loss of $339 million, or $1.12 per common share for the third quarter, which compares to a net loss of $279 million or 98 ...

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Iran makes $6 billion deal with Total, CNPC

total SA, Iran

According to the Wall Street Journal, Iran plans to sign a preliminary $6 billion deal with Total SA on Tuesday to help develop an onshore gas field. The move by Total is the first return by a Western energy company since sanctions were lifted this year. Total was long one of the most active Western oil companies in Iran, and ...

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Continental Resources plans to complete 29 Bakken wells

energy, 2016, year in review

Continental Resources’ Bakken production averaged nearly 108,000 b/d of oil equivalent in the third quarter of 2016, down 14% or more than 17,000 boe/d from the previous quarter, but the Oklahoma City-based producer plans to boost production in its North Dakota and Montana plays before the end of the year. “We’ve begun harvesting our valuable Bakken inventories,” Harold Hamm, Continental’s ...

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What exactly is driving the Dakota Access protests?

Dakota Access Protest. Photo: Fibonacci Blue via Fickr.

Here in the Bakken, most people have at least some idea of what’s going on with the protests against the Dakota Access pipeline near the Standing Rock reservation, and most of those people have at least some opinion about whether or not the pipeline project should be finished. But the protests have now spread to news outlets across the nation, ...

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Companies announce $1bn climate fund

climate fund, climate change

The Paris climate change agreement was met with unhappy and even skeptical responses by many, who believe that the agreement was not achievable–especially in the oil and gas industry. In December of 2015. close to 200 countries from around the world made commitments to keeping global warming below 2 degrees Celsius by cutting carbon emissions. The long-term goal of the technically ...

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Will the Dakota Access pipeline be re-routed?

Dakota Access, pipeline protest, Minneapolis

Re-route the pipeline? A new solution for the dispute near Standing Rock is now on the table, says President Barack Obama. The Huffington Post reported today that Obama commented late Tuesday night on the dispute to the online news site Now This. “My view is that there is a way for us to accommodate sacred lands of Native Americans. And ...

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Customer Service is More Than Just Being Nice; If Done Right, It Can Save Your Customers Big Bucks

Light Tower Rentals, customer service

By Jeff Miller At LTR, our core values are Safety, Customer Service, Integrity, Teamwork, and Accountability.  Safety is the focus of every job at Light Tower Rentals (LTR).  It starts at the office, continues at the jobsite, and really never finishes.  Safety is priority one, because if you don’t have a safe work environment, you won’t have customers.  Without customers, ...

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Trump holds stock in Dakota Access pipeline

Dakota Access, Trump, energy, plan, oil, North Dakota

BISMARCK, N.D. (AP) — Financial disclosures show GOP presidential candidate Donald Trump holds stock in the company building the Dakota Access oil pipeline across the Midwest. Trump’s 2016 federal disclosure forms, filed in May, show he owned between $15,000 and $50,000 in stock in Texas-based Energy Transfer Partners. That’s down from between $500,000 and $1 million a year earlier. Trump’s ...

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