Kashagan Ramps-Up, Oil Market Beware

Up until last fall, the giant Kashagan field in the Caspian Sea was “Exhibit A” of frustration and ostensibly superfluous investment ($50 billion to be precise) in the global oil scene. But after repeated setbacks, it finally commenced…

Will The 2017 Oil Market Series Win An Emmy?

Last fall, we proposed the analogy of a television series to describe the global oil market. We noted that a series does not win an Emmy based only on the quality of one episode, but that of the series as a whole. Looking at the oil sector, until…

Tillerson, Pickens & More!

Here’s what you need to know this week in oil and gas news: Tillerson says fossil fuel companies don’t receive subsidies – Rex Tillerson said during his Senate confirmation hearing for secretary of state that tax breaks for fossil fuel companies do not…

Here’s How The US Govt Sees O&G Until 2050

The EIA recently released its Annual Energy Outlook 2017 (AE02017), in which it projects a rise of US production and exports through 2050 per most of its eight scenarios. In this post, we will examine the overarching takeaways from the…

Shhhhhh… Drilling Rigs At Work! 🤐

I live in rural east Ohio, in the heart of Utica Shale country. Having a drilling rig perched on a hill top a half mile away isn’t much of an interruption in our lives. It’s actually kind of exciting. When friends visit, they’re fascinated with the rig…

The 5 Best Countries For Oil & Gas Workers

Texas, Alaska, and even Colorado are some of the top states for oil and gas work in America, but what about abroad? There’s opportunities for oil and gas elsewhere in the world, too, and some of these opportunities are quite lucrative…

Here’s Why API Chief Sees A Bright Future For US O&G

The outlook for US O&G is bright, Jack Gerard, president of the American Petroleum Institute, said during his “State of American Energy” speech in Washington, DC. Three key factors underlie his positive read of the American energy…

Clouds Part For Independents

In everyone’s life, a little rain must fall. And when your existence plays out on the oil fields of Central Oklahoma or the hotter than hell Permian Basin, rain can sometimes be a rare and welcome event. But in the metaphorical sense, small…