Our Blog
Small-Scale LNG
When markets are free to innovate and exploit opportunities they tend to do so. A good example is the domestic natural gas market. The shale revolution resulted in extensive reserves of light oil and natural gas. The abundance of natural gas provided a stable supply but the sheer magnitude of reserves exerted downward pressure on… Read More
Exxon Buys Permian Assets
Recent articles in “Oil Voice” and “Rigzone” provide details and perspectives for ExxonMobil’s (XOM) recent purchase of oil and gas assets from the Bass family of Ft. Worth. XOM acquired 275,000 acres of leasehold, 250,000 of which are in the Permian Basin, 3.4 billion barrels of oil equivalent (boe) reserves, and 18,000 boe per day… Read More
New Gas Markets
As a result of the shale revolution, the U. S. is blessed with extensive, easily producible, natural gas reserves. This abundance, and proximity to markets, has enabled producers to react quickly to any surges in demand without prices spiking. However, producers, transporters and utilities are trying to further monetize these reserves by developing new markets,… Read More
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
Price Drivers
In a recent article in “Oil Voice”, author Andreas de Vries points out recent oil forecasts that have been wrong, explores the reasons why, offers an alternative approach, and then uses it to make his own projections. After the oil price collapse of 2014, many observers expected domestic shale oil production to drop dramatically. This… Read More
