Our Blog
Ready Market for Bakken Natural Gas
Badlands NGL, LLC and its partners will invest $4 billion in a polyethylene plant in North Dakota which will use natural gas as its feedstock. Polyethylene is used in the manufacture of a number of industrial and consumer plastics and the plant will produce 3.3 billion pounds a year. The plant will also provide 500… Read More
Russell T. Rudy Energy at the NADOA Institute
Ellis and Russell Rudy have been supporters of the National Association of Division Order Analysts (NADOA) since its inception. Consequently, it should come as no surprise that Russell T. Rudy Energy is a major sponsor and supporter of the NADOA Annual Institute. This year, the Institute was held in Chicago and we showed up in force!… Read More
North Dakota’s August Production Disappoints
“Rigzone” reports that although oil production hit a new high of 1.13 million barrels per day (bopd) in August, this was only a slight increase over July levels and below expectations. The shortfall has been attributed to new flaring regulations, falling prices, and rising operating costs. Flaring has long been an issue in the Prairie… Read More
TGS Involved in New Oklahoma 3-D Seismic Projects
“Rigzone” reports that Norwegian seismic contractor TGS will conduct two new 3-D seismic surveys in the Oklahoma portion of the Anadarko Basin. These projects will cover over 1,000 square miles in highly prospective areas. Project “Loyal” will span 589 square miles in Kingfisher and Grady counties. The survey will target the Meramec, Cana Woodford, Woodford… Read More
Oil and Gas Employment and Production Increase in Texas
According to a recent article in “Rigzone”, the Texas Independent Producers and Royalty Owners Association’s (TIPRO) annual “State of Energy Report” discloses that oil and gas industry employment increased by 3% to 1,012,800 nationwide in 2013. This has a disproportionate economic impact because oil and gas workers average $103,400 in salary per year, which is… Read More
