On Thursday, July 9, 2020, U.S. Secretary of Energy Dan Brouillette will travel to San Antonio, Texas to meet with energy stakeholders in the region and discuss the current state of energy markets. On Friday, July 10, Secretary Brouillette will head to Houston, Texas with Under Secretary of Energy Mark […]
U.S. Senators Kevin Cramer (R-ND) and Bob Menendez (D-NJ), Senate Banking Committee members, introduced the “Payment Choice Act,” a bipartisan bill to provide customers the freedom to choose how to pay for goods or services by prohibiting businesses from refusing to accept cash, posting signs that cash is not accepted, […]
Senator John Hoeven, a member of the Senate Energy and Natural Resources Committee, issued the following statement after Mac McLennan, President and CEO of the Minnkota Power Cooperative, testified before the Federal Energy Regulatory Commission (FERC) on the essential role of coal-fired electricity in the nation’s grid. McLennan outlined how […]
North Dakota To Give More Government Grants For Select Businesses The North Dakota Department of Commerce will be leading a Special Business Briefing call Thursday, July 9, at 11 a.m. (CST) introducing the new Economic Resiliency Grant (ERG) available to North Dakota businesses, as approved by the Budget Section at […]
Paul Wiseman, Fit To Print, discusses the blow to the pipeline industry in the United States. From workers to economy to regulational power to everyday energy. Wiseman explains how safety and environmental issues will increase with the decision to shut down the Dakota Access Pipeline and Keystone XL Pipeline. The […]
After rescheduling the Williston Basin Petroleum Conference last spring to this September, the North Dakota Petroleum Council has announced once again it will change the date. The new dates are May 11-13, 2021 in Bismarck, ND. The NDPC sent out an email notification announcing the change. Dear Attendee: With the […]
Tom Slocum, Untitled: Orphan Well Project, gives a history of how he became so passionate about this issue. Slocum explains how loopholes in the system allowed many wells to go unnoticed for decades. The interview discusses who is responsible for the wells. Slocum says in many cases, the legal obligation […]
William Prentice, CEO, Meridian Energy Group, Inc. comments on the North Dakota Supreme Court decision of the North Dakota District Court refusing to overturn the issuance of the air quality Permit to Construct (“PTC”) for the Davis Refinery by the North Dakota Department of Environmental Quality (“DEQ”). This Decision marks […]
The North Dakota Department of Commerce will be leading a Special Business Briefing call Thursday, July 9, at 11 a.m. (CST) introducing the new Economic Resiliency Grant (ERG) available to North Dakota businesses, as approved by the Budget Section at its June 25 meeting. The purpose of the ERG is […]
Kathleen Sgamma, Western Energy Alliance gives an overview of three different states and their orphan well programs. From North Dakota to Ohio to Pennsylvania, how each state handled their industry aftermarket. “”There have been a lot of shut ins, which are not abandoned or orphaned, that’s just shut in of […]
The North Dakota Oil and Gas Division was notified of a release occurring Saturday, July 4 at the User 1-28 salt water disposal well, about seven miles northeast of Alexander, North Dakota. Zavanna, LLC reported Monday that 250 barrels of brine and 3 barrels of oil were released due to […]
Following the Dakota Access Pipeline court ruling, Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) provided an update on its Bakken operations including the Arrow gathering system, Bear Den processing plants and the COLT Hub and Rail Loading Facility. Throughout the second quarter 2020, basin fundamentals steadily improved as crude oil […]
Brandon Davis , Jeremy Pate and Imran Khan, Swan Energy, discuss the recent spike in bankruptcies and how that will impact the rest of the oil and gas industry. Despite the bankruptcies, lay offs and disruption in industry, Davis sees the marketplace shifting and creating new opportunities. “Forget all that. […]
Keystone XL Pipeline Halted For More Studies U.S. District Judge James Boasberg said in April that the pipeline remains “highly controversial” under federal environmental law and a more extensive review was necessary than the environmental assessment that was done. On Monday, the judge wrote that even though the disruption will […]
A federal judge has ordered the Dakota Access pipeline to shut down until more environmental review is done. The pipeline has been carrying oil for three years. U.S. District Judge James Boasberg said in April that the pipeline remains “highly controversial” under federal environmental law and a more extensive review […]
Energy Giants Cancel Controversial $8B Atlantic Coast Gas Pipeline Dominion Energy and Duke Energy have abandoned plans to complete construction of the estimated $8-billion Atlantic Coast Pipeline, ending a controversial seven-year quest to build the 600-mile natural gas pipeline between West Virginia and eastern North Carolina. In a July 5 […]
First flights conducted for new Babcock oil-and-gas contract The first flight for Babcock’s new five-year contract for helicopter operations out of Sumburgh, Shetland, took place on July 1, 2020. Current plans will see Babcock’s Offshore business initially conduct more than 100 flights a month to oil-and-gas installations in the Northern […]
Steve Heins, The Energy Pragmatist, Inc. and host Jason Spiess had a lively conversation today regarding oil and gas, capitalism and the managed marketplace. This turned out to be a point/counterpoint discussion with a big dash of humor and bluntness. First, they discussed the current spate of bankruptcy in the […]
Meridian Energy Group, Inc. announced that the North Dakota Supreme Court has upheld the earlier decision of the North Dakota District Court refusing to overturn the issuance of the air quality Permit to Construct (“PTC”) for the Davis Refinery by the North Dakota Department of Environmental Quality (“DEQ”). This Decision […]
Jackie Jenkin and Tiffany Steiner, co-founder of the Bakken BBQ, give the details for the 8th Annual Bakken BBQ rescheduled to August 21, 2020, at the West River Ice Center parking lot in Dickinson, ND. This year will bring some changes, as the coronavirus safety precautions will be administers, there […]
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 […]
Daniel Stenberg, McKenzie County Economic Development/Job Development, gives an update from Watford City, including a discussion on their 349% population growth from 2010 to 2019. Brandon Davis and Imran Khan, Swan Energy, react to a recent article in the Houston Chronicle reporting the “Energy Apocalypse” in oil and gas. Sensationalism […]
The Crude Life host Jason Spiess joins Genneca for a weekly energy report on The Country Twins morning show. This week Spiess asks the rhetorical question if there is a Political Industrial Complex. In 1961, president Dwight Eisenhower’s farewell speech has come to be a touchstone for those with concerns […]
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. The trend of CEOs taking multi-million dollar bonuses, example Whiting, Chesapeake and Hertz given, and while laying off employees and service […]
Kunal Patel, Dallas Federal Reserve, recaps their recent study which explains that 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 […]
Daniel Stenberg, McKenzie County Economic Development and Job Development Authority comments on the unbelievable population growth in the heart of the Bakken oil field, Watford City, North Dakota. Watford City’s population has increased 349% since 2010 according to the recently released 2019 US Census Bureau estimates. Since 2010, Watford City’s […]
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 Texas Railroad Commission […]
Zach Ellis, Commercial Credit Group, reacts to the recent report on oil and gas from the Dallas Federal Reserve, which was not optimistic for the current state of energy. Ellis talks about how the independent finance market it starting to heat up as the Payroll Protection Program funds deadlines and […]
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 […]
Terry Etam, End of the Fossil Fuel Insanity, BOE Report and Public Energy Number One, dives into the abandoned well issue in America and Canada. Etam explains how Canada approaches the issue of “orphan” and “abandoned” wells and cites a recent Reuters article for the American juxtaposition. Etam cites “socialist […]
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