Archive for the ‘In The Field’ Category

Government Money Helps Cleanup Land Use

Monday, November 24th, 2014

It is important for the government to also take active participation in the remediation of land used in mining. For such projects, grants have such a big role in ensuring the success of remediation and conservation projects. In some states, fees are collected from new mining projects and then channeled to conservation projects. Fees charged for possible impacts … Read More...

Keystone XL Pipeline May Still Be Approved

Sunday, November 23rd, 2014

The Keystone XL Pipeline will likely be approved in the coming year now that the bill proposing to approve the project is gaining support with State Republicans. According to a Bakken article published last week, an estimated 57 votes out of 100 are in favor of pushing for the construction of the pipeline that will deliver oil from … Read More...

Denton Texas Approves Ban On Hydraulic Fracturing

Saturday, November 22nd, 2014

On November 4, voters in Denton Texas approved the ban on hydraulic fracturing. This is clearly a blow to the oil and gas industry. Denton is atop the Barnett shale formation, the site where commercial fracking was first implemented.

Despite the contributions of the industry and to the state’s economy, it became clear that residents are more concerned … Read More...

Falling Oil Prices A Concern

Friday, November 21st, 2014

Declining Brent crude prices is a concern for the oil and gas industry. With falling oil prices worldwide, the issue of capital investment in the industry becomes a major issue.
Oil and gas exploration is a very expensive endeavor and many investors are putting a freeze on its investments.

In the UK, looking to maximize its investments, oil … Read More...

Do Women In Oil and Gas Industries Work Harder?

Thursday, November 20th, 2014

There is no question that the oil and gas industry still has a long way to go when it comes to attracting more women workers both in high ranking positions in offices as well as in labor-intensive posts in job sites.
A survey done by the NES Global Talent in 2013 has revealed encouraging figures.

According to the … Read More...

Cline Shale Boom?

Wednesday, November 19th, 2014

Will there be a boom at Cline Shale? That’s the expectation of many even if some believe that Cline Shale isn’t as hot as some people claim it to be. More and more oil companies are descending on the area to set up operations at the site that cover the following Counties: Coke, Fisher, Mitchell, Howard, Irion, Reagan, … Read More...

In The Field Application For The Oil Industry

Tuesday, November 18th, 2014

Everyone in the oil industry knows the importance of having highly effective and functional technology that will help make processes faster and smarter in the industry. This is why on October 23, the industry had its very own Oil and Gas Awards that recognize the achievements of technology companies in pushing for innovation in the industry. Enbase, a … Read More...

Oil And Mining Transparency Law Introduced In Canada

Monday, November 17th, 2014

It is not always easy to get laws passed especially ones surrounding industries as important and as complicated as the oil and gas industry. Everyone has interests to protect, the industry, the government, the people, and their interests may sometimes clash. But transparency laws are important to ensure that the interest of one specific group becomes detrimental to … Read More...

Fracking Is Financially Good For The USA. Is It For Canada?

Sunday, November 16th, 2014

In the last few years, the US has become a top oil producing nation. This came as a surprise to many who did not expect such feat to happen under the Obama administration, especially since the US president regards himself as “green”.

The US oil production boomed because of fracking, a technique that still remains questionable despite its … Read More...

Price Of Gasoline, the Middle East and OPEC

Saturday, November 15th, 2014

There are several factors why the price of gasoline is continuing to fall but one of the reasons is the United States’ growing capacity to produce its own energy through shale or tight oil.
According to analysts, the US could become energy independent as early as 6 years from now. But there is a conundrum to this seemingly … Read More...