If we are to have a constitutional environmental provision with relevance to the interaction of private activities with the government, Pennsylvania business, organizations, and their lawyers need some guidance on both parts of the ERA.

When Occidental Resources switched to bigger fracture designs to produce more oil, it produced more water as well. Based on research done since, they cannot have one without the other, and at the oil prices recently seen, that’s okay.

Even though E&P operators have many demands on their cash registers – not just growth capex but also increasing share repurchases, dividends, and debt paydown – seeing that that “cash and cash equivalents” line grow certainly helps with the optics of more E&P spending.

Matt Sanderson will be Executive Vice President and Chief Commercial Officer and Roy McNiven who will be joining TETRA as Senior Vice President, Energy Services Operations.

Lawmakers in New Mexico were asked to provide more resources to oil and gas regulators during the upcoming legislative session, after the state recently enacted multiple new requirements intended to curb air pollution from fossil fuel operations.

Oil dropped as additional Covid-related lockdowns in China heightened risk-off sentiment across markets, halting the rally that followed the OPEC+ meeting earlier this week.

In a dusty corner of Oklahoma, close to where Erle Halliburton founded his eponymous oil services empire 103 years ago, a group of workers shows why US oil production growth has been underwhelming in spite of a price boom.

Russell Johns points out that when considering the intense mining operations needed to harvest materials used in solar and wind technology, and the shipping associated with those materials, etc., solar and wind actually have a *bigger* carbon dioxide footprint than does using natural gas. In other words, natural gas is greener than wind and solar!

“We acknowledge all recessions across the last 20 years have had a destructive impact on oil demand and prices - in percentage terms, WTI dropped by ~40-80 percent as measured from the eve of these respective recessions,” BofA noted in the report, which was sent to Rigzone recently.

The recompletions were successful and came online at a combined initial production rate of 50 barrels of oil equivalent per day (“BOEPD”) and have stabilized at a rate of 35 barrels of oil equivalent per day, increasing the Company’s total production to 71 barrels of oil equivalent per day.

In a new report published this week by the Manhattan Institute, “The “Energy Transition” Delusion: A Reality Reset” (full copy below), Mark Mills takes on the dangerous delusion of a global energy transition that eliminates the use of fossil fuels.