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Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn’t see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don't work separately, work together, Statoil ASA CEO Eldar Saetre said…

April 27, 2015

Wyoming GTL Plans Face Renewed Uncertainty

With the pullout of a natural gas supplier, plans for a gas-to-liquids (GTL) plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.

April 27, 2015

‘Competitive Pricing Tension’ Dominates Customer Conversations, Says Precision Drilling Chief

Stung by low demand for land drilling services across North America, Precision Drilling Corp. has consolidated three operating facilities, reduced its salaried workforce by 14% and cut its field employees by 2,500, but CEO Kevin Neveu said Monday he’s hopeful he can bring back many of those laid off once activity levels improve.

April 27, 2015
Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

Collaboration Helping to Lower Statoil’s U.S. Onshore Costs, Emissions

To improve competitiveness in the oil and gas industry, don’t work separately, work together, Statoil ASA CEO Eldar Saetre said last week.

April 27, 2015

Kinder Didn’t See Shale ‘as Big as It Was Going to Become’

Kinder Morgan Inc. CEO Rich Kinder didn't see the shale revolution coming, not for U.S. natural gas, nor for crude oil, the CEO confided at the IHS CERAWeek conference last week during a discussion with IHS Vice Chairman Daniel Yergin.

April 27, 2015

Wyoming GTL Plans Face Renewed Uncertainty

With the pullout of a natural gas supplier, plans for a gas-to-liquids plant for turning natural gas into diesel fuel in Cheyenne, WY, have hit another potential roadblock, but its principal backer says the $1.8 billion project will move forward.

April 27, 2015

Nevada Legislature Considers Raising Oil, Gas Permitting Fees

The Natural Resources, Agriculture and Mining Committee in the Nevada legislature heard a proposal (SB 44) Thursday that already has passed the state Senate to authorize state oil/gas regulators to increase permitting fees for drilling.

April 24, 2015

California Oil Industry Sending Produced Water to Assist in Drought Relief

As California's four-year-old drought worsens and draws increasing government restrictions, the state's oil production, ranked third nationally, may provide some measure of relief, particularly for the multi-billion-dollar agriculture industry.

April 24, 2015

Texas Quake Study Shakes Regulators to Action

A study linking seismic activity with oil/natural gas drilling activities got the attention of the newest commissioner on the Railroad Commission of Texas (RRC) on Thursday, and then his two colleagues jumped on the injection well-seismicity bandwagon Friday.

April 24, 2015