Shale Gas News – July 17, 2021

Ohio River Corridor

Shale Gas News – July 17, 2021

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM, 1600 AM, 104.1 FM and Sundays on YesFM, talked about natural gas prices, pipeline projects, DarkPulse and much more last week. The Shale Gas News has grown again to the Williamsport area

Read More...

OPEC+ Agrees to Oil Supply Boost after UAE, Saudi Compromise

OPEC+ ministers agreed on July 18 to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy recovers from the coronavirus pandemic. The group, which includes OPEC countries and allies like Russia, crucially agreed new production allocations from May 2022 after Saudi Arabia and others agreed

Read More...

Biden Digs in on BLM Nominee as Republican Opposition Mounts

The White House on July 16 backed President Joe Biden’s nominee to lead the nation’s public lands bureau, pushing back against growing calls to withdraw the nomination from key Republican lawmakers. Earlier, U.S. Senate Minority Leader Mitch McConnell joined calls by several Republican Senate colleagues for Biden to withdraw the nomination of Montana conservationist Tracy

Read More...

Acquisitions not the only reason for extruders’ growth

Extrusion falls into two different rankings for Plastics News. This week marks the first — for pipe, profile and tubing — while extruders within film and sheet will be featured in September. We rank 192 firms with $22.8 billion in combined North American extrusion sales. Pipe makers make up half of our Top 10 with

Read More...

PATH FORWARD: Impact of $100 Oil on US Shale

The fundamentals of oil have never been better than now, according to Marshall Adkins, Raymond James managing director who serves as head of the firm’s energy investment banking practice in Houston. “As OPEC keeps oil off the market and the U.S. and others struggle to grow production, we are going to be behind the curve

Read More...

Study: Shell cracker plant to contribute $3.7B to Pa. economy annually

Shell Chemical Appalachia’s cracker plant in Beaver County is expected to contribute $3.7 billion to Pennsylvania’s economy annually, according to a study prepared by Robert Morris University. When the plant becomes operational, which is expected in 2022, the study estimates $132 million in direct labor income from the 600 jobs directly created by the plant

Read More...

Natural Gas Now Best Picks of the Week – July 17, 2021

natural gas now Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. As usual, emphasis is added. Well, well, well… The first thing you notice is the noise – a strange, low-octave hum growing louder

Read More...

Kinder Morgan Strikes $310 Million Deal for Kinetrex Energy

PE Firm Acquires Majority Stake in Texas-based Enverus The new investment signals the next phase of growth for Enverus and further validates the firm’s industry leadership in energy data analytics and SaaS technology across the entire energy mix, CEO Jeff Hughes says. This post appeared first on Hart Energy.

Read More...

Using Desanding Data in Intervention to Deliver Solid Profits

Presented by: Editor’s note: This article appears in the new E&P newsletter. Subscribe to the E&P newsletter here. Often an overshadowed element within the industry, solids management is estimated to impact more than 70% of fields globally. Defined as a well that requires solids handling equipment, solids management impacts the entire life cycle of a well. If

Read More...

Precision Drilling Launches New Environmental Brand in ESG Push

Precision Drilling Corp. launched the brand launch of a suite of environmental solutions on July 15, as part of a push by the oilfield service provider to boost its ESG performance. Based in Calgary, Alberta, Precision operates an extensive fleet of super series drilling rigs in Canada, the U.S. and internationally as well as offering

Read More...

GHGSat Completes Series B Funding, Accelerates Commercialization

GHGSat, the global leader in high resolution greenhouse gas monitoring from space, has completed the second tranche of a funding round initiated in 2020, thereby closing its total Series B funding at $45 million, the company said on July 15. The company has raised more than $70 million since its inception in 2011. GHGSat is accelerating its growth

Read More...

Tackling the Issue of Pipeline Corrosion

Presented by: Editor’s note: This article appears in the new E&P newsletter. Subscribe to the E&P newsletter here. Corrosion is considered to be the main cause of failure in the oil and gas production process. Due to the development of fields in deeper offshore wells with higher pressure, temperature and higher levels of hydrogen sulphide, CO2 and chloride, corrosion costs

Read More...

EU versus US: Investing in Oil, Gas and Renewables

Presented by: Editor’s note: This column appears in the new E&P newsletter. Subscribe to the E&P newsletter here. The world can address greenhouse gas (GHG) in different ways. The direct way is by reducing fossil fuel production—the main source at 73% of global GHG. Europe is following this approach, perhaps because their companies don’t have the enormous success

Read More...

PPI recognizes top pipe projects

From a 7.5-mile forced main in Florida to the longest pedestrian bridge in Utah to a small soccer field in Haiti, plastic pipe and tubing help convey water, people, rain and other resources in some innovative ways. Those three infrastructure projects were among those recognized in 2021 by the Plastics Pipe Institute, an Irving, Texas-based

Read More...