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Rig count jumps up 27

oil rig, rig count, Baker Hughes

Maybe it’s OPEC’s promise for production cuts, maybe it’s Donald Trump’s new staff appointments, or maybe there’s just some good vibes floating around in the air. No matter what the reason, cheers went up today when Baker Hughes released the weekly rig count, showing an increase of 27 rigs exploring for oil and natural gas this week. Even though the ...

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Keeping Warm in Winter: Weatherization that Works

weatherization, spray foam

Keeping your house warm while staying inside your budget isn’t always easy. As the cost of energy goes up with the impending recovery in the oil sector, commercial and residential power sources will follow suit, as they traditionally have in the past.  One way to keep your energy costs under control is to make sure your home is well equipped ...

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Corps denies easement for DAPL

pipeline, Dakota Access

Over the weekend, attention in the oil and gas industry was turned to the Dakota Access Pipeline (DAPL) protest. Protesters celebrated a standoff near Cannonball that ultimately led to the announcement by the Army Corps of Engineers to deny the easement that would allow the almost complete pipeline to cross under Lake Oahe in North Dakota. Assistant Secretary of the ...

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Texas adds 7 rigs; Dec. 2 rig count totals 597

baker hughes, rig count

U.S. oil producers, especially in shale plays across the region, are likely crossing their fingers that OPEC’s commitment to cutting production will help oil prices to inch higher—and stay there. In the meantime, rig counts have inched up slightly. As reported by Baker Hughes, the number of rigs exploring for oil and natural gas went up a total of four ...

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Trump’s “Contract” promises to lift roadblocks to allow Keystone XL, other pipelines

pipeline, keystone xl, dakota access

Amidst Dakota Access Pipeline (DAPL) protests, Keystone XL rises from the dead. Many didn’t think it would ever happen after a denial of necessary permits for its completion by President Obama and the State Department. The Keystone Pipeline System, commissioned in 2010, would run from the so-called “tar sands” in Alberta, through Montana (just west of the Bakken oil field) to ...

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Reuters: Dakota Access will not be re-routed

Dakota Access Pipeline, pipeline construction

Energy Transfer Partners LP Chief Executive Officer Kelcy Warren said the company will not consider rerouting its Dakota Access oil pipeline despite concerns voiced by U.S. native groups, according to an Associated Press interview published on Friday. President Barack Obama said earlier this month that the government was examining ways to reroute the pipeline. Energy Transfer did not immediately respond ...

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U.S. rig count declines by 1 to 568

oil rig, rig count, Baker Hughes

Baker Hughes’ latest rig count report shows the number of rigs drilling for oil rose by two this week to 452. Rigs drilling for natural gas was down 2. The total rig count fell by one to 568, still higher than the May low of 404. Total offshore rigs are down 12 from last year at this time. States losing ...

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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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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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How much do you know about spray foam insulation?

spray foam insulation, spf, Profoam

Spray polyurethane foam (SPF) insulation is rapidly growing as the insulation of choice throughout North America.  But how much do you know about this amazing product, and all of the benefits?  There are so many features and benefits of SPF, and some of them are surprising! If you’ve had trouble with ice dams as the weather gets colder, SPF can prevent ...

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