Kleinschmidt Associates reported that it has entered into a strategic alliance with Tom Russo of Russo on Energy, LLC to strengthen its natural gas and oil infrastructure and environmental services offerings. The company said Russo, who spent more than 30 years as a manager and energy analyst at the Federal Energy Regulatory Commission (FERC), will complement Kleinschmidt’s natural gas energy expertise in reducing permitting schedules and associated costs while addressing the permitting, engineering and biology associated with mitigation for natural gas, oil and natural gas liquids pipelines, and liquefied natural gas clients. Russo will work with Kleinschmidt Senior Vice President Scott Ault and Senior Project Manager Kelly Schaeffer on all oil and natural gas services projects. Currently, Russo and Kleinschmidt are conducting training on the company’s Pipeline Waterbody Risk Assessment tool and FERC’s hydroelectric project relicensing in Houston and Washington, DC, respectively.
Managers
Articles from Managers
Report Finds Mixed Sentiments For Global Oil/Gas Labor Market
While a difference of opinion is evident between oil and gas industry managers and employees, signs of optimism and a recovery are reflected in the first Global Energy Talent Index report released Thursday by two international energy job services companies.
Market Oversold? No Worries; September Trades Unchanged
September natural gas was unchanged Friday as the volatility following Thursday’s inventory report all but vanished, and managers see an oversold but non-threatening market. At the close September was flat at $3.941 and October had risen 0.7 cent to $3.962. September crude oil added 25 cents to $86.88/bbl.
End-Users See Little Change in Market Risk; August Eases
August natural gas retreated moderately Tuesday, but risk managers don’t see any change in the overall market landscape and suggest that a severe storm may be required to change client’s risk assessments. At the close August had eased 1.3 cents to $4.533 and September had fallen 1.3 cents as well to $4.511. August crude oil rose $1.57 to $97.50/bbl.
Producers Mindful of Water in Drought-Ravaged Texas
The record-breaking drought gripping Texas has the state’s reservoir/aquifer managers eyeing water levels and issuing warnings. But lower water reserves apparently have not seriously affected oil and gas activities in the state, at least not yet.
Gas Seen as Most ‘Environmentally Friendly’ Fuel
A majority of executives and managers from utilities and other industry organizations say natural gas is the most “environmentally friendly” fuel, according to a survey conducted by Black & Veatch.
Producers Mindful of Water in Drought-Ravaged Texas
The record-breaking drought gripping Texas has the state’s reservoir/aquifer managers eyeing water levels and issuing warnings. But lower water reserves apparently have not seriously affected oil and gas activities in the state, at least not yet.
Gas Seen as Most ‘Environmentally Friendly’ Fuel
A majority of executives and managers from utilities and other industry organizations say natural gas is the most “environmentally friendly” fuel, according to a survey conducted by Black & Veatch.
Dangerous to Stay Unhedged, Analyst Says; May Falters
May natural gas futures were limited to a narrow 6-cent trading range and fell nominally as risk managers noted an uninspired market, and described their methodology for wringing value from a low-volatility trading environment. At the close May had eased 2.3 cents to $4.389 and June shed 1.4 cents to $4.452. June crude oil lost a penny to $112.28/bbl.
Fracking Services Provider Files to Go Public
Cisco, TX-based Frac Tech Services Inc. has filed with the U.S. Securities and Exchange Commission for an initial public offering of common stock to raise up to $690 million. The company said it intends to apply to list its shares on the New York Stock Exchange.
