The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

oil-and-natural-gas-development  oil-production  shale-energy  hydraulic-fracturing  arctic  oil-sands  pipeline-construction  offshore-oil-production  safe-operations 

Mark Green

Mark Green
Posted April 6, 2015

MarketWatch:  U.S. oil production is on track to reach an annual all-time high by September of this year, according to Rystad Energy.

If production does indeed top out, then supply levels may soon hit a peak as well. That, in turn, could lead to shrinking supplies.

The oil-and-gas consulting-services firm estimates an average 2015 output of 9.65 million barrels a day will be reached in five months — topping the previous peak annual reading of 9.64 million barrels a day in 1970.

Coincidentally, the nation’s crude inventories stand at a record 471.4 million barrels, based on data from U.S. Energy Information Administration, also going back to the 1970s.

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hydraulic-fracturing  fracking  economy  jobs  lng-exports  north-dakota  texas  keystone-xl-pipeline 

Mary Leshper

Mary Schaper
Posted March 24, 2015

The Obama Administration released new federal regulations on hydraulic fracturing last Friday that could add to the cost of shale development, and add costs to the poorest Americans the most. ‘Fracking’ is already heavily regulated bythe states and new federal rules could hurt the booming shale industry in places like Wyoming – a state with the largest amount of development on federal lands. These reasons – and more – underscore the question – Do we really need new federal regulations? (Shorter: No.)

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hydraulic-fracturing  fracking  oil-and-natural-gas-development  federal-lands  onshore  blm34  regulation 

Mark Green

Mark Green
Posted March 20, 2015

Some important context to the new federal hydraulic fracturing rule announced by the Bureau of Land Management (BLM) is found in looking at the recent trend in federal onshore energy development.

It’s not an inspiring picture. Since BLM deals with onshore energy, let’s look at oil and natural gas output together, measured in barrels of oil equivalent (boe). Federal onshore production has declined from 1.8 million boe in fiscal year 2009 to 1.6 million boe in FY2014, a decline of 11.3 percent, according to federal data.

Breaking out the natural gas production figures, the decline is more dramatic. Onshore production of natural gas in federal areas fell from 8.7 billion cubic feet per day (Bcf/d) in FY2009 to 6.8 Bcf/d in FY2014, a drop of21.6 percent.

The reason is federal policy. Whether you’re talking about access to reserves or permitting red tape, the bottom-line result is declining production.

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hydraulic-fracturing  fracking  colorado  safe-operations  oil-and-natural-gas-development 

Mark Green

Mark Green
Posted March 19, 2015

More from petroleum geologist Barbara Pickup in Breckenridge, Colo., featured in an API television ad earlier this year, talking about hydraulic fracturing and the environment.   

In the video below, Pickup talks about her love for the outdoors and environmental roots – and how they’re compatible with safe, responsible energy development using advanced hydraulic fracturing and horizontal drilling.

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fracking  hydraulic-fracturing  regulation  fracfocus 

Mark Green

Mark Green
Posted March 18, 2015

A number of congressional Democrats say they plan to reintroduce legislation to repeal the oil and natural gas industry’s “exemption” from the federal Safe Drinking Water Act (SDWA) and require disclosure of chemicals using in hydraulic fracturing.

This “Back to the Future” exercise – it first emerged in 2009 – is founded on two falsehoods: that industry is exempt from SDWA and that currently there’s no disclosure of chemicals used in fracking.

In short, the so-called “FRAC Act” that some in Congress hope to reanimate is one of those Washington solutions in search of a problem.

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energy-exports  job-creation  fracking  hydraulic-fracturing  north-carolina  infrastructure  ozone 

Mark Green

Mark Green
Posted March 17, 2015

Reuters: Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday.

Some 394,000 to 859,000 U.S. jobs could be created annually from 2016 to 2030 by lifting the ban, according to the IHS report, titled: "Unleashing the Supply Chain: Assessing the Economic Impact of a U.S. crude oil free trade policy."

Only 10 percent of the jobs would be created in actual oil production, while 30 percent would come from the supply chain, and 60 percent would come from the broader economy, the report said. The supply chain jobs would be created in industries that support drilling, such as oil field trucks, construction, information technology and rail.

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ohio  oil-and-natural-gas-development  shale-energy  utica-shale  hydraulic-fracturing  horizontal-drilling  fracking  safe-operations 

Mark Green

Mark Green
Posted March 12, 2015

Ohio is returning to the ranks of the country’s leading energy-producing states – thanks to the Utica Shale and safe hydraulic fracturing and horizontal drilling. We say returning, because Ohio was one of the “cradle” states for U.S. oil production.

This “Back to the Future” aspect of Ohio energy is illustrated on the Energy From Shale website in a new photo gallery that features 19th-century photographs alongside contemporary shots for a fascinating then-and-now portrayal of the state’s oil and natural gas development.

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methane-emissions  natural-gas-production  hydraulic-fracturing  regulation  epa34 

Mark Green

Mark Green
Posted February 10, 2015

Standout findings in a new major field study on methane emissions from natural gas collection and processing facilities across 13 states, led by Colorado State University include a couple of points:

First, of 130 facilities that collect natural gas from production wells, remove impurities and deliver it to inter- and intrastate pipeline networks,  101 had methane loss rates below 1 percent – including 85 of the 114 gathering facilities and all 16 of the processing plants studied. Put another way, methane containment at these facilities is more than 99 percent.

Second, the majority of emissions resulted from abnormalities involving broken or faulty equipment – issues that are relatively easy to address.

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oil-imports  refineries  eia34  energy-exports  hydraulic-fracturing  fracking  infrastructure  pipeline-construction 

Mary Leshper

Mary Schaper
Posted February 10, 2015

EIA Today in Energy: The increase in U.S. shale and tight crude oil production has resulted in a decrease of crude oil imports to the U.S. Gulf Coast area, particularly for light-sweet and light-sour crude oils. These trends are visualized in EIA's crude import tracking tool, which allows for time-series analysis of crude oil imported to the United States.

Historically, Gulf Coast refineries have imported as much as 1.3 million barrels per day (bbl/d) of light-sweet crude oil, more than any other region of the country. Beginning in 2010, improvements to the crude distribution system and sustained increases in production in the region (in the Permian and Eagle Ford basins) have significantly reduced light crude imports. Since September 2012, imports of light-sweet crude oil to the Gulf Coast have regularly been less than 200,000 bbl/d. Similarly, Gulf Coast imports of light crude with higher sulfur content (described as light-sour) have declined and have been less than 200,000 bbl/d since July 2013.

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crude-oil  exports  infrastructure  permit-delays  regulation  education  hydraulic-fracturing  fracking  pipelines  new-york-natural-gas 

Mary Leshper

Mary Schaper
Posted January 22, 2015

The Bakken Magazine: “Do not pass Go. Do not collect $200.”

This is the dreaded phrase on the “Go to Jail Card” that you’ve likely drawn, or at least heard of, when playing the game of Monopoly. Drawing this card is an all-around bummer. You lose a chance at scooping up valuable property before others do, you don’t get to collect $200 that you might need to purchase property, and it increases the chance that you lose the game. But at least it’s just a game. Right?

Wrong. What many people probably don’t realize is that we’re in a real-life game similar to Monopoly, but this one is focused on the global oil market, not property. And, it just so happens that we’re stuck holding the “Do not pass Go” card.

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