Our Blog
Eagle Ford Overview: Part II-Success Factors
Hart Energy, the publisher of “E & P” magazine recently released their “Eagle Ford Techbook” which includes an excellent article by Richard Mason entitled “The Eagle Ford Shale, Energy Titan of the Southwest”. I intend to post several times in the future relating some of the information contained in the Techbook in general, and… Read More
Benefits of Increased Domestic Production
A recent opinion piece by Alex Mills in “Rigzone” points out the positive employment, national security, environmental and macroeconomic effects of the recent increase in domestic oil and gas production. In Texas alone, petroleum related jobs have increased by 112% since 2003, from 134,500 to 285,000. Concurrently, net oil imports have fallen from a peak… Read More
Energy Security
A recent article in “Rigzone” discussed the link between energy security and foreign policy. Commentaries by industry experts, analysts and leaders were featured and all were insightful and provocative. However, I found the remarks of Occidental Petroleum’s Ed Djerejian especially interesting. Djerejian is the founding chairman of Rice University’s Baker Institute and recently addressed the… Read More
Fracing and Water Supplies
There is no denying that fracing uses a great deal of water. While each job is different, it is estimated that 4.5 million gallons of water per well is typical. The EPA estimates that between 70 and 140 billion barrels were used to stimulate 35,000 wells. This sounds like a great deal of water, but… Read More
Small Companies Anticipate an Improving Natural Gas Market
According to a recent article in “Rigzone”, severe winter weather resulted in natural gas stockpiles at their lowest levels since 2003. Small energy companies see this as a harbinger of higher prices and increased profitability. Swift Energy Company is already seeing improved financial performance by its properties in the Eagle Ford Shale in South Texas. … Read More
