Fracking actually drives down carbon emissions by unlocking new stores of natural gas — the cleanest burning fossil fuel. Rather than ban fracking, pragmatic environmentalists…
OilField
The petroleum industry, also known as the Oilfield, oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline
New Mexico to get $64 Billion, thanks to crude oil benefits
Press release ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in…
North Dakota will sue Washington over Bakken oil bill
North Dakota is preparing to sue Washington state over a Washington law requiring oil sent by railway through that nation to have gases removed, which…
What’s next for Colorado? is the Oil Boom dead in Colorado?
Democratic Gov. Jared Polis signed the law last week, and the Oil and Gas Conservation Commission will begin writing new rules in May. That could…
Colorado lawmakers pass law overhauling oil and gas drilling regulations
Colorado lawmakers approved a bill on regulations governing the state’s oil and gas industry, over opposition by Republicans and industry groups. – link The bill,…
Florida bill could ban two out of three forms of oil and gas fracking
Florida bill could ban two out of three forms of oil and gas fracking The Senate version of the bill doesn’t ban the matrix acidizing…
The Clock is ticking for Oil gas in Colorado
Senate Bill 19-181, the oil and gas regulations bill, continues to advance in Colorado Legislature The bill, which would change the mission and makeup of…
PetroChina’s capex last year was more than BP, Chevron and ConocoPhillips put together
China oil industry boom PetroChina went on a spending splurge last year. Its 256 billion yuan ($38 billion) in capital expenditures in 2018 was more…
The Bakken accounted for 40% – 50% of nationwide horizontal re-frac activity
The horizontal re-frac market within the US onshore scene has boomed in recent years, with the number of horizontal re-frac jobs increasing every year over…
The U.S oil industry is boosting the economy
Even as America grabbles with its love-hate relationship with fossil fuels, the ongoing fracking revolution that’s turned the U.S. into the leading global oil producer…
Uncertainty in the Colorado oilfield – Is this the end of Colorado Oil Boom?
Over the next couple years, the uncertainty in Colorado will be heightened as rules are rewritten and lawsuits fly over new local-government rules. As #SB181…
U.S. Department of Labor signs agreement with North Dakota
U.S. Department of Labor signs agreement with North Dakota to protect oil and gas industry employees Why did they sign agreements? In 2017 North Dakota…
The Anti Fracking Bill Gets Preliminary Approval From The Colorado Senate
The Colorado Senate has given preliminary approval to a bill that will dramatically change how the state regulates oil and gas. It faces another vote…
Colorado Anti Frac Politicians have managed to bypass the will of the people
After Colorado residence voted against anti Frac Proposition 112 , Politicians have managed to bypass the will of the people with new anti frac regulations…