Shale Play Bitcoin Tom Masiero, Great American Mining, gives an update from his Bitcoin mining endeavors across Shale Play USA. Masiero explains how the Bakken’s marketplace has been created due to regulations whereas in Texas capitalism still exists, for now. Masiero reacts and responds to the recent discussions by the […]
The Managed Marketplace in Oil and Gas Brandon Davis and Imran Khan, Swan Energy, comment on the recent bankruptcies and how that will impact the oil and gas market in the second half of the year. As the market corrects itself through the managed marketplace, the concept of alternative financing […]
Dallas Fed says Collapse Activity in the energy sector deteriorated further in second quarter 2020, according to oil and gas executives responding to the Federal Reserve Bank of Dallas Energy Survey. The business activity index—the survey’s broadest measure of conditions facing Eleventh District energy firms—fell from -50.9 in the first quarter […]
The Big Big Big Players The oil and gas sector is notorious for booms and busts. The ongoing bust cycle, however, is beginning to look like the new norm with investors continuing to give the sector a wide berth. Oil and gas stocks have fallen so much that you would […]
The following is a press release from the state of Colorado: Gov. Polis today announced new appointments to the Colorado Oil and Gas Conservation Commission. Last year, the Governor signed the landmark SB19-181, which transitions the commission from 9 appointees to a professional 5-member commission. “This landmark law protects health […]
From Frac Sand to Aggregate Zach Ellis, Commercial Credit Group, discusses diversification in industry. Ellis gives a reports from the road about a frac sand hauler having to diversify his business into other areas. “I was in the Permian last week and visited a couple customers and one was looking […]
Innovation Impacts Industry with a Double Edged Sword Craig Ray, Keystone Synergies, explains how quickly innovation changes in Shale Play USA. Ray gives an example from the frac sand area of oil and gas. “When OSHA came out and said they wanted to decrease acceptable levels of respiratable dust, silica […]
The North Dakota Industrial Commission approved a plan to spend $33.2 million in federal CARES Act funds towards a program that will reclaim abandoned and orphan oil well sites. “We believe we will employ probably close to 600 North Dakota CAT operators, dirt work people, roustabouts, restoration of these sites,” […]
Misleading Hope Aaron Jordan, Black Water Environmental, talks about the word “hope” and how it can be used in misleading ways in industry and business. “Hope should never be used in an industrial sense. Ever. You don’t hope you are going to be safe. You don’t hope you have the […]
Getting Up To Code Aaron Jordan, Black Water Environmental, gives an update from the field and how companies are taking this time to clean and get up to code in some areas. “I actually have a crew in south of Gillette, Wyoming, and they are bouncing from five different salt […]
U.S. Senators Kevin Cramer (R-ND) and Martha McSally (R-AZ) wrote a letter to BlackRock CEO Larry Fink today asking him to explain BlackRock’s support for Chinese companies who ignore US financial regulations and the firm’s hostility toward domestic energy producers. The letter comes ahead of Federal Reserve Chairman Jay Powell’s appearance before the Senate Banking Committee. […]
Diversity in Energy Aaron Jordan, Black Water Environmental, shares an update from Wyoming’s energy scene. Jordan explains how they have had to diversify themselves during the COVID-19 Shutdown. “We’ve been on sites where we been sequestered where we’ve had to work weird hours and do different kinds of check in […]
Fight For Your Mineral Rights Mark Fox, chairman, The Mandan, Hidatsa and Arikara Nation (MHA Nation), explains how the Department of the Interior reversed a treaty going back to 1825 by issuing an opinion that overturned three prior decisions from the department giving the state of North Dakota the rights […]
According to the recent North Dakota Mineral Resource’s Director’s Cut, North Dakota crude oil production dropped by an average of more than 200,000 barrels per day in April in response to a steep drop in oil prices. This equals about a 15% drop. Click here for April Production Results Click […]
New Oil and Gas Law In Colorado The state of Colorado adopted new rules Wednesday requiring more steel casing and cement in drilling wells to protect groundwater. The new law also requires that every well in the state be pressure tested every year. According to the Colorado Oil and Gas […]
Small Business Suffering Signs According to energy author and expert Art Berman, small business is in for a rough second half of 2020. And he’s not alone either. This author says “Small Business Die Off Is Here“. Berman believes the past six months of COVID Shutdowns just sped up what […]
Zach Ellis, Commercial Credit Group, shares an example of how people in the oil and gas industry are diversifying their services in order to stay keep revenues going. Commercial Credit Group Inc. is an independent, commercial equipment finance company that provides secured loans and leases to small and mid-sized businesses […]
Senator John Hoeven sent The Crude Life the following statement after the Environmental Protection Agency (EPA) proposed reforming its cost-benefit analysis for new regulations issued under the Clean Air Act to provide more transparency and certainty. The agency is seeking to develop future analyses in a consistent manner that includes […]
Curtis Shuck, Well Done Foundation, gives some history of the abandon and orphan wells in the United States. Shuck believes his 30 years of oil and gas experience has created an opportunity to create positive endeavors for industry and communities. Many of the wells are on farms or ranches or […]
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