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Exclusives

Repsol announces largest U.S. oil discovery in 30 years

alaskan oil discovery, alaska oil, Repsol

Spanish oil company Repsol announced what it is calling “the largest U.S. onshore discovery in 30 years,” according to a March 9 press release. Repsol, and its partner Armstrong Energy discovered what they believe is approximately 1.2 billion barrels of recoverable light oil from Alaska’s North Slope in the Nanushuk play. Repsol isn’t new to Alaska. The company has been ...

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EIA: Natural gas, crude production fell in 2016

crude production, oil production

According to the U.S. Energy Information Administration March 8, 2017 report, U.S. natural gas production and crude production both fell in 2016. Average crude oil production in the lower 48 states in 2016 fell to 8.39 million barrels per day (b/d). This is a decrease of 6.1 percent from the 2015 average, or approximately 0.55 million b/d. Natural gas withdrawals also decreased ...

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Humor in the Oilfield Finally Has A Book

Jeff Miller, oilfield book

These days, there hasn’t been much humor floating around, especially for the oil and gas industry. But one person, with over 40 years of experience in the industry, has managed to find humor in almost everything he’s been involved with over the years.  And he put it in a book. Jeff Miller, frequent contributor to the Energy Media Group has ...

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Green rigs and ham: Dr. Seuss the oilman

Dr. Seuss, oilman, Standard oil

Theodore Seuss Geisel, better known by the pen name Dr. Seuss, began his career by introducing the nation to his imaginative characters and cadenced text by creating advertisements for New Jersey-based Standard Oil. The company produced various consumer products derived from petroleum, and Geisel began promoting “Flit,” a popular insect repellent that guarded folks against flies and mosquitoes. In late ...

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Bad Boys, Bad Boys—Project Security Challenges

safety, security, Dan Hannan, bullet,

Most of us in the environmental compliance business are a little apprehensive with the Trump administration and his promise to streamline permitting processes to improve of America’s infrastructure and create jobs.  What does that mean for businesses serving the oil and gas industry now that the Administration wants to “take the breaks off” of the environmental permitting process?  We do ...

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Trade! Do Americans Really Have a Bad Deal?

us flag world Pixabay

Understanding Americas Trading Relationship with Planet Earth The Rise of the American Economic Empire For those of you who have been living in a cave over the last 18 months, the topic of “unfair,” “bad” and “disastrous” trade deals exploded into the American lexicon through the politicization of free trade agreements that have become popular political fodder. Up until the ...

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ND House defeats property tax reform bill

property tax reform

Yesterday, the North Dakota House of Representatives voted against HB 1326, the tax bill that Managing Director of the North Dakota Watchdog Dustin Gawrylow calls “a critical piece of pro-taxpayer reform that can and should be the beginning of real property tax reform” in North Dakota. The basic premise of the bill: Every political subdivision shall have an affirmative control ...

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Will OPEC continue to cut production?

Photo: Nick Taylor via Flickr.

Ten OPEC countries achieved 91 percent of their required cuts in January, according to an S & P Global Platts survey released on Monday. In the agreement signed last year, OPEC countries promised to cut 1.2 million b/d for six months and freeze production at 32.5 million b/d for six months in 2017. This includes production by Indonesia, whose OPEC membership is ...

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