US working-rig count continues to slip
The number of rigs working onshore in the Lower 48 U.S. states last week fell by three for the second straight week, data from Baker Hughes Co.’s weekly rig survey reveals.- Joe Barone, Shale Directories
- Blog
- December 9, 2019
US crude posts best week since June, on Opec+ news
Crude oil rose Friday as Opec+ agreed to raise production cuts another 500,000 barrels a day through March 2020, bringing total production cuts to 1.7 million barrels a day, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- December 8, 2019
US working gas in storage falls for 3rd straight week
The volume of working natural gas pulled from storage in the latest Energy Information Administration weekly survey dropped for the third consecutive week.- Joe Barone, Shale Directories
- Blog
- December 6, 2019
Fossil Fuel Divestment Isn’t Morally Righteous; It’s Foolish
American Energy Alliance …. …. Fossil fuel divestment is intended to not only frustrate oil and gas development but, more importantly to its advocates, squander the fruits of capitalism.- Joe Barone, Shale Directories
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- November 28, 2019
NA, Asia to contribute 55% of new trunk line length
North America and Asia are projected to dominate global oil and gas new-build pipeline length additions, according to data and analytics company GlobalData.- Joe Barone, Shale Directories
- Blog
- November 27, 2019
Report: Ohio’s Shale-Related Investment Reached $78 Billion in 2018
Total shale-related investment in Ohio has reached nearly $78 billion since Cleveland State University first began tracking in 2011 – the year the state’s first Utica Shale wells went into production – according to the university’s latest report.- Joe Barone, Shale Directories
- Blog
- November 24, 2019
Brookline, MA banning O&G pipes in new builds
Taking a cue from what’s happening in California, residents of Brookline, Massachusetts, last week voted to ban the installation of oil and gas pipes in new buildings, as well as in extensive renovations of existing buildings — the first such prohibition in Massachusetts.- Joe Barone, Shale Directories
- Blog
- November 21, 2019
Weld County Elected Leaders and Residents Speak Out at COGCC Hearing
Ensuring Colorado has realistic, enforceable regulations for an industry that has significant economic impacts in the state was a major focus at this week’s public comment hearings hosted by the Colorado Oil & Gas Conservation Commission (COGCC).- Joe Barone, Shale Directories
- Blog
- November 15, 2019
U.S. Petroleum Exports Exceed Imports for the First Time Ever
For the first time in history, the U.S exported more petroleum products to overseas markets than it imported in October, according to the Energy Information Administration’s recently-released “Short-Term Energy Outlook” It represents an historic shift as the United States solidifies its role as an oil and natural gas powerhouse that’s able to provide for its own energy security.- Joe Barone, Shale Directories
- Blog
- November 13, 2019
Does the President Have the Authority to Ban Fracking?
Several Democratic presidential candidates are campaigning on promises to ban fracking on federal lands, or on some more extreme platforms – from Sens.- Joe Barone, Shale Directories
- Blog
- November 8, 2019
Equinor sells Eagle Ford assets in $325M deal
Equinor has agreed to sell to Repsol its 63% interest in, and operatorship of, its onshore business in the Eagle Ford Shale play in South Texas, for $325 million, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- October 29, 2019
U.S. O&G industry should look north
Oil and natural gas industry men and women who wake covered in sweat due to thinking about what happens should Elizabeth Warren or another anti-fossil-fuel presidential candidate actually reach the White House in January 2021, turn your head to the north for perhaps a preview.- Joe Barone, Shale Directories
- Blog
- October 23, 2019
U.S. extends Venezuelan license for Chevron, OFS firms
U.S. supermajor Chevron and four oilfield services (OFS) firms are authorized to continue operations in Venezuela through Jan. 22, 2020, Kallanish Energy reports.Sand deposit could be ‘game-changer’ for ND oil industry
A deposit of fracking sand in north-central North Dakota could be a boon to the state’s oil industry, the Grand Forks Herald reports.- Joe Barone, Shale Directories
- Blog
- October 3, 2019
ConocoPhillips completes $2.7B sale of UK E&P units
ConocoPhillips this week completed its previously announced transaction to sell two ConocoPhillips UK subsidiaries to private equity-backed Chrysaor E&P Ltd. for $2.68 billion, Kallanish Energy reports.No Surprise: AOC Gets the Facts Wrong In Visit to Colorado
This past weekend, Rep. Alexandria Ocasio-Cortez (D-NY) paid a visit to Colorado and took the opportunity to tweet out fear-mongering nonsense about the oil and gas industry without bothering to confirm any facts beforehand.- Joe Barone, Shale Directories
- Blog
- September 23, 2019
Iran responsible for ‘attack against the world’: Saudi official
Iran’s recent warnings to Saudi Arabia are “ridiculous” and “laughable,” Saudi minister of State for Foreign Affairs Adel al-Jubeir told CNBC Friday, amid investigations by the kingdom tying Iran to a major attack on its oil facilities.- Joe Barone, Shale Directories
- Blog
- September 19, 2019
Energy Workers on the Job Reducing Emissions While Activists Protest
Across the country, Keep it In The Ground activists are striking Friday as part of a global climate change campaign. Here in Denver, activists will march through the city’s downtown with the support of 350.org, Colorado Rising, Extinction Rebellion, and WildEarth Guardians – all groups that have advocated for extreme measures to immediately eliminate oil and natural gas production.New Report Shows No Link Between Fracking and Health Problems
A scientific review of more than two dozen studies aimed at linking oil and natural gas development to poor health found no direct association between fracking and illnesses, dealing another blow to activists trying to link the two together.- Joe Barone, Shale Directories
- Blog
- September 16, 2019
Trump authorizes release of oil reserves, line approvals
U.S. President Trump said Sunday he’s authorized a fast-track approach to pipeline approvals in Texas and other states following the attacks on Saudi oil facilities Saturday, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 13, 2019
Fire breaks out on oil tanker at Equinor’s terminal
Equinor said on Friday a fire broke out in the engine room of the Dubai Harmony oil tanker during loading at its operated Sture oil export terminal – one of the major oil terminals in Norway, Kallanish Energy reports.Reality Check for 2020 Presidential Candidates: Banning Fracking “Would Not Be Good News,” IEA Says
As “Keep It in the Ground” activists push for Democratic presidential hopefuls to take more extreme positions on oil and natural gas, candidates are promising to ban fracking or halt leasing on federal lands.- Joe Barone, Shale Directories
- Blog
- September 9, 2019
More crude oil being loaded at Corpus Christi: RBN Energy
U.S. crude oil loadings at Corpus Christi, Texas, have nearly doubled with the completion of new pipelines from the Permian Basin of West Texas and New Mexico, Kallanish Energy has learned.- Joe Barone, Shale Directories
- Blog
- September 4, 2019
Study Shows Rarity of Fracking-Related Methane in Groundwater
The overwhelming majority of methane found in groundwater samples near natural gas and oil drilling sites in Pennsylvania is naturally occurring, and not related to fracking, according to a new study from Penn State University.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Saudi Arabia splits energy, industry ministry
Saudi Arabia has announced a reshuffling in its former most important ministry – the Energy, Mineral Resources and Industry Ministry – as the kingdom prepares for a transformational future, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- September 3, 2019
Opec’s output up for the first time in 2019
Crude oil production from the Organization of the Petroleum Exporting Countries (Opec) rose for the first time in the year in August, despite higher-than-pledged cuts from Saudi Arabia and other Gulf producers.- Joe Barone, Shale Directories
- Blog
- August 20, 2019
U.S. Breaks Records to Become Global Leader in Oil and Natural Gas Production
The U.S. energy revolution that’s taken place since 2000 catapulted the country to become the global leader in petroleum, including oil, and natural gas production in 2018, according to a recent report from the Energy Information Administration: “Last year’s increase in the United States was one of the largest absolute petroleum and natural gas production increases from a single country in history.” 📊 BREAKING RECORDS: The United States leads the world in petroleum and natural gas production, smashing records last year.- Joe Barone, Shale Directories
- Blog
- August 15, 2019
U.S. looks to seize tanker held in Gibraltar
The U.S. Department of Justice applied today to seize the Iranian tanker held in Gibraltar after it was accused of carrying Iranian crude bound for Syria, violating EU sanctions.- Joe Barone, Shale Directories
- Blog
- August 14, 2019
President Trump Sees First Hand the Results of the Appalachian Basin’s Record Shale Production
The Appalachian Basin’s energy future has never looked better. As President Trump explained in a speech during his visit to Shell Chemical’s ethane cracker facility that is currently under construction in Beaver County, Pa.: “With your help, we’re not only unleashing American energy, we’re restoring the glory of American manufacturing and reclaiming our noble heritage as a nation of builders again.” The region’s record-breaking production in recent years is driving the growth of U.S.- Joe Barone, Shale Directories
- Blog
- August 9, 2019
5 Key Facts on WSJ’s Inaccurate Portrayal of U.S. Oil & Natural Gas Methane Emissions
A recent Wall Street Journal article packed with scary imagery around methane emissions from the U.S. oil and natural gas industry relied on misleading data and biased sources to highlight an issue producers have well in hand.- Joe Barone, Shale Directories
- Blog
- August 6, 2019
West Virginia Sets New Oil and Natural Gas Production Record (Again)
West Virginia continues to add to the prolific Appalachian Basin’s status as one of the world’s top-producing natural gas regions. [embedded content] For the 10th year in a row, West Virginia set a new oil and natural gas production record, according to the state Department of Environmental Protection.Debunked Research is Used Yet Again to Attack Oil and Natural Gas Production
A recent Corpus Christi Caller-Times opinion column begins with an emphasis on a claimed lack of “Science. Evidence. Facts.” in policymaking decisions surrounding fracking.- Joe Barone, Shale Directories
- Blog
- August 2, 2019
USA Today’s Flaring Editorial Is Glaringly Inaccurate
While a recent USA Today editorial demonstrates the outlet’s desire to add some “flare” to its content, it also showcases a limited knowledge of the oil and natural gas industry’s flaring process.- Joe Barone, Shale Directories
- Blog
- August 1, 2019
Voluntary Environmental Partnership Leading Emissions Reductions Across Oil and Natural Gas Industry
The U.S. oil and natural gas industry is working together to reduce emissions, and these efforts by many of the nation’s leading energy companies are seeing significant results. In fact, companies voluntarily participating in the Environmental Partnership found methane leakage rates across their operations to be only 0.16 percent – 10 times lower than U.S.- Joe Barone, Shale Directories
- Blog
- August 1, 2019
CU Professor Behind Climate Study Has Close Ties to Anti-Energy Groups
When the City and County of Boulder, Colo. and San Miguel County sued energy companies back in 2018, they did so based on the fact that these companies were responsible for damages related to climate change that had to be picked up by the taxpayer. Just a week before the lawsuit was filed, a study was released “summariz[ing] potential climate impact costs for Boulder County.” That report was written by Dr.- Joe Barone, Shale Directories
- Blog
- July 31, 2019
Sovereign wealth fund GIC joins BlackRock, KKR in Abu Dhabi
Singapore sovereign wealth fund GIC has joined international investors BlackRock and KKR in an oil pipeline partnership with Abu Dhabi’s National Oil Co.- Joe Barone, Shale Directories
- Blog
- July 30, 2019
Will the Media Fall for KIITG Stunts Again?
If you show up to the Colorado Oil and Gas Conservation Commission hearings this week and think you‘re having déjà vu of the very same arguments from the very same small gathering of anti-energy activists from the May and June COGCC hearings, you’d be right.- Joe Barone, Shale Directories
- Blog
- July 25, 2019
House Republicans Highlight the Strengths of American Energy Production
Republicans took to the House floor this week to discuss “the American energy renaissance” that’s helped power economic growth, create jobs, boost innovation, lower emissions, and strengthen national security.- Joe Barone, Shale Directories
- Blog
- July 24, 2019
Qatar Petroleum enters blocks offshore Kenya
State-owned oil firm Qatar Petroleum announced Tuesday the acquisition of interests in three blocks in offshore Kenya, Kallanish Energy reports. The L11A, L11B and L12 blocks are located in the Lamu Basin, in the eastern part of the country, covering 5,790 square miles in water depths between 3,280 feet and 9,840 feet in the Indian Ocean.- Joe Barone, Shale Directories
- Blog
- July 17, 2019
CO2 Emissions Resume Falling Due to Shale Revolution
Tom ShepstoneShepstone Management Company, Inc. … … The CO2 emission rate has resumed falling, according to the Energy Information Administration, a fact undeniably the result of America’s shale revolution.- Joe Barone, Shale Directories
- Blog
- July 12, 2019
IADC: U.S. Oil, Natural Gas Can Meet Global Demand, Create Jobs and Protect the Environment
A batch of young Capitol Hill staffers in Washington D.C. recently got a first-hand account of America’s ever-strengthening position in the global oil and natural gas market from a veteran offshore drilling industry leader.California governor fires state’s top oil regulator
California Gov. Gavin Newsom Thursday ordered his secretary of Natural Resources to fire Ken Harris, the state’s top oil regulator, after learning from media reports and watchdog groups fracking permits have doubled without his knowledge since he took office, and seven supervisors regulating the industry own shares in major oil companies.- Joe Barone, Shale Directories
- Blog
- July 11, 2019
Voluntary Efforts Result in Significant Oil, Natural Gas Methane Emissions Reductions
Voluntary efforts to reduce oil and natural gas methane emissions are seeing significant results, according to recently released federal data. Since its inception in 2016, more than 60 companies from all segments of the oil and natural gas industry have voluntarily participated in the U.S.- Joe Barone, Shale Directories
- Blog
- July 11, 2019
Oil and Gas Powers Record Revenue in New Mexico
New Mexico is poised to receive $1.11 billion in revenue from activities on its public lands in fiscal year 2019, according to the New Mexico State Land Office.- Joe Barone, Shale Directories
- Blog
- July 11, 2019
U.S. Crude Oil Production Reaches Another Milestone
On the heels of news in April that Texas and New Mexico’s Permian Basin is the highest producing oilfield in the word, we now know that the United States hit another record that same month, thanks in large part to production in that region.- Joe Barone, Shale Directories
- Blog
- July 9, 2019
Fact Sheet: What Is Flaring?
Flaring is a temporary and necessary practice in oil and natural gas production that is used to ensure safety and mitigate emissions. Despite this, the practice has received negative media attention that is often lacking important context.- Joe Barone, Shale Directories
- Blog
- July 4, 2019
Africa Oil in South African block farmout
Canadian firm African Oil announced Wednesday a farmout agreement with Namibian company Azinam Ltd. to acquire interests in a block offshore South Africa, Kallanish Energy learns.- Joe Barone, Shale Directories
- Blog
- July 2, 2019
New Mexico is Rich with Oil and Natural Gas Revenue
Prolific oil and natural gas production – particularly in Eddy and Lea counties that sit atop the Permian Basin – is driving a record-breaking revenue year for New Mexico, according to a recent New Mexico Legislative Finance Committee report.- Joe Barone, Shale Directories
- Blog
- June 27, 2019
Rystad: The World is Dependent On American Energy
Thanks to the shale revolution, the United States will account for almost a quarter of global oil and natural gas production by the early 2030s, according to the head of Rystad Energy.- Joe Barone, Shale Directories
- Blog
- June 25, 2019
Energy Dominance Era Is Here for Real in America
... … … Make no mistake. The era of real American energy dominance has finally arrived thanks to the ingenuity and industriousness of our oil and gas sector.Multi-State Health Analysis Exposes Flaws of Fracking Health Studies
The Colorado Department of Public and Environment and Pennsylvania Department of Health recently teamed up to analyze studies claiming to link health impacts to oil and natural gas development.- Joe Barone, Shale Directories
- Blog
- June 14, 2019
BP: In Case There Was Any Doubt, the U.S. Shale Revolution Is Alive and Kicking
The United States shattered the previous record for the largest single-year increase in oil and natural gas production in 2018, according to BP’s annual Statistical Review of World Energy.- Joe Barone, Shale Directories
- Blog
- June 10, 2019
Shale Development is Driving America’s Oil and Natural Gas Dominance
Horizontally drilled wells now account for 96 percent of U.S. oil production from shale formations, as well as about 97 percent of shale gas production – up from 15 percent and 14 percent, respectively, in 2004 – according to a report from the U.S.- Joe Barone, Shale Directories
- Blog
- June 7, 2019
Tourism Grows with Shale Development in Ohio
A growing trend of oil and gas industry visitors is sparking increased tourism offerings in Belmont County, Ohio, according to local officials.- Joe Barone, Shale Directories
- Blog
- June 6, 2019
“Keep It In the Ground” Vandalism Creates Safety Issues, Prompts New Federal Pipeline Legislation
“Keep It In the Ground” activists have zeroed in on pipeline infrastructure in recent years for activities that risk danger to people and the environment while causing costly construction delays.- Joe Barone, Shale Directories
- Blog
- May 31, 2019
Anti-Fracking Researcher Quietly Admits: Studies Show No Harmful Pollutants Near Oil and Gas Sites
The activist who wrote a 2012 memo encouraging anti-fracking groups to connect health problems and fracking even when no evidence existed to support the claims recently co-authored a report admitting that the vast majority of scientific research shows no harmful air pollutants near oil and natural gas sites.- Joe Barone, Shale Directories
- Blog
- May 29, 2019
Report: Independent Oil and Gas Producers Will Continue to Drive U.S. Energy Markets Through 2025
The United States is experiencing record-breaking oil and natural gas production, led by America’s independent oil and natural gas producers, according to a new IHS Markit report.- Joe Barone, Shale Directories
- Blog
- May 24, 2019
American Shale Is Reshaping World Energy Markets and Stabilizing Global Oil Prices
American shale production continues to dramatically reshape world energy markets—not only by lowering prices, but also by ensuring price stability, according to a new report by the Dallas Federal Reserve.- Joe Barone, Shale Directories
- Blog
- May 23, 2019