Our Blog
Water Testing
The management of formation brine (salt water produced with oil and/or gas) has been an issue for the energy industry since inception. The problem only became more acute with the shale revolution, when ever larger volumes of water were used in hydraulic fracturing. This flow back water from fracking now had to be managed as… Read More
WoodMac’s Projection
“Rigzone” reports that consulting firm, Wood Mackenzie (WoodMac) sees good times ahead in 2017 if oil prices can stabilize at or above $55 per barrel. Those companies that have weathered the price collapse and are emerging relatively strong financially will find opportunities for growth in 2017. WoodMac sees several key themes playing out next year.… Read More
Shale Now Cash Flow Neutral
Writing in “Oil Voice”, Nick Cunningham cites International Energy Agency (IEA) data which indicates that the U. S. shale industry was cash flow neutral for the first time in the third quarter of 2016. Given the magnitude of the shale revolution this sounds counterintuitive. However, the shale boom involved lots of debt, and rising revenues… Read More
RTRE Receives 2016 NALTA Award
Russell T. Rudy Energy has been awarded the National Association of Lease and Title Analysts’ Corporate Sponsor award. As a long-time supporter of NALTA we are grateful for this recognition and look forward to a mutually beneficial relationship for many more years to come. NALTA is the professional organization that represents the lease and… Read More
Peak Oil
The International Energy Agency (IEA) is the energy advisor to the 28 nation Organization for Economic Co-operation and Development, the world’s most advanced economies. The Agency publishes a number of reports and frequently comments on developments in global markets. However, it’s most strategically significant, and often controversial, publication is its annual “World Energy Outlook”. In… Read More
