Why US Oil Exports Are Booming and What It Means for Your Gas Prices
The US will become the top oil producer in the world as soon as this year according to a prediction from the International Energy Agency.
Read more2017 A Record-Breaking Year For New Mexico Oil Production
International Agency Predicts Permian Oil Output to Double by 2023
Quiz Time: How Well Do You Know This State's Oil & Gas Industry?
T. Greg Merrion | Farmington Daily Times | February 25, 2018
1. The largest oil & gas operator in the San Juan Basin is…
a. ConocoPhillips
b. Dugan Production
c. Hilcorp
d. BP
Read moreAnalysis: U.S. Has Already Met 2025 GHG Reduction Target Thanks To Natural Gas
Seth Whitehead | Energy in Depth | February 26, 2018
A new analysis by researchers from Carnegie Mellon University (CMU) finds that the United States has already met the Clean Power Plan’s (CPP) 2025 carbon emission reduction targets “primarily due to natural gas prices and market forces,” according to co-author and CMU professor Paul Fischbeck.
Read moreOil And Gas Operators Push For Use Of Recycled Water
Mella McEwen & Trevor Hawes | Midland Reporter-Telegram | February 21, 2018
Millions of gallons of water are needed to produce oil and gas, and in the water-challenged Permian Basin, that can mean problems with balancing the demands of the public, agriculture and the energy industry.
Read moreIndustry Innovation Drives U.S. Energy Renaissance
Mark Green | Energy Tomorrow | February 7, 2018
The broad, impactful outlines of the U.S. energy renaissance in a couple of recent data points:
- In November, U.S. crude oil production reached 10.038 million barrels per day – a level not seen in 50 years – largely with advanced hydraulic fracturing unlocking oil from tight-rock formations.
- The United States is projected to be a net exporter of energy by 2022 in most scenarios studied by the U.S. Energy Information Administration. Strong domestic production will play a major role, EIA says.
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