Drones on the Permian Basin: Transforming Oil and Gas Operations

Ohio River Corridor

Drones on the Permian Basin: Transforming Oil and Gas Operations

Safety and efficiency are vital to business in the oil & gas industry. Today’s modern infrastructure requires active management, which businesses typically carry out by flying manned aircraft and sending roustabouts to remote areas to manually inspect assets. However, these approaches are not only costly and time-intensive but risky, exposing workers to machine hazards and

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Shale Gas News – April 6, 2019

Bill desRosiersExternal Affairs Coordinator, Cabot Oil & Gas … … The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about gas storage, U.S. crude oil buyers, offshore drilling and much more last week. The Shale Gas News has grown again; welcome Gem 104 as our FOURTH

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Utica Shale Brings $70 Billion of Investment to Ohio and There’s More

Tom ShepstoneShepstone Management Company, Inc.   The Utica Shale has brought $70 billion of investment to Ohio and there’s more to be had. The Utica also underlies most of the Marcellus. Imagine that! When we think Utica Shale, we tend to think Ohio because that’s where the oil and gas industry has put $70 billion

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Venezuela oil output is said to have dropped by 50%

Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg. Rolling blackouts across much of the country that started on March 7 temporarily paralyzed most of the country’s oil industry, Kallanish Energy finds. Oil output averaged less than

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U.S. adds companies, ships to Venezuela sanctions list

The U.S. Friday added two companies which ship crude oil from Venezuela to Cuba, along with 34 ships, to a financial sanctions list aimed at increasing pressure on Venezuelan President Nicolas Maduro to step down and turn over power to his opposition. A Treasury Department statement announcing the designation identified one of the companies as Ballito Bay

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Engie, Caisse to buy Petrobras pipe unit for $8.6B

Petroleo Brasileiro SA (Petrobras) agreed to sell its 90% stake in a Brazilian natural gas pipeline company to France’s Engie SA and Canadian pension fund Caisse de Depot et Placement du Quebec for $8.6 billion. Engie and Caisse won the bidding war for the unit, Transportadora Associada de Gas, known as Tag, beating out Australia’s Macquarie

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Pa. DEP investigates water well contamination

The Pennsylvania Department of Environmental Protection is investigating what could end up being the first case of water well contamination from fracking in Allegheny County, Pa., since the shale boom began, according to State Impact. Shortly after the Midas 8M well was completed, a landowner near the well reported that his water well nearly dried up, its

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Germany Boxed In, Turns to Russian Gas, But It Should Buy Our LNG

 ... … … There’s no excuse for what Germany has done to itself. It is now boxed in, with but two alternatives; Russian gas or our LNG. They should choose wisely. The European Union (EU) has realized natural gas will have to complement intermittent renewable sources like solar and wind in order for European nations

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DC Circuit Court of Appeals Slams New York Public Service Commission

Tom ShepstoneShepstone Management Company, Inc.   First, FERC and now the D.C. Court of Appeals. Cuomo’s New York and his Public Service Commission are being slapped left and right by those onto his game. There is still more good bad news for Andrew Cuomo and great news for the pipeline industry, adjoining states and New

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Meanwhile, Pennsylvania Just Keeps Producing Natural Gas for the Rest

Tom ShepstoneShepstone Management Company, Inc.   Some states just can’t get their energy acts together. Plagued by political correctness, urban states tilt at windmills while Pennsylvania heats their homes. Pennsylvania is, sadly, bordered on three sides by hopeless urban states (Maryland, New Jersey and New York) that can’t shoot straight when it comes to energy.

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Natural Gas NOW Picks of the Week – April 6, 2019

Tom ShepstoneShepstone Management Company, Inc. … … Natural Gas NOW 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. FERC Blows Away DEC FERC is firing on Andrew Cuomo’s DEC with the big guns now. It just rejected

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Ocean Cleanup experts pinpoint failure points, plan fixes

April 5, 2019 Updated 4/5/2019 Email Print Ocean Cleanup The Ocean Cleanup uses high density polyethylene pipe and a polyester skirt in an attempt to collect floating plastic debris in the Pacific Ocean. Designers of a floating system to collect plastic marine debris from the Pacific Ocean are pointing to two reasons why the system

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Techmer PM adding production in US, Mexico

April 5, 2019 Updated 4/5/2019 Email Print Michael A. Marcotte Guillermo Quijano Fals, general manager Latin America, Techmer de Mexico S. de R.L. de C.V., and John R. Manuck, Chairman and CEO, Techmer PM, Mexico City — Techmer PM plans to add a second work shift at its year-old compounding plant in Querétaro, Mexico, and

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Tzanoukakis follows the family work ethic

April 5, 2019 Updated 4/5/2019 Email Print Megan Tzanoukakis Megan Tzanoukakis, right, is vice president of supply chain for Sussex IM Inc. Megan Tzanoukakis has been around the plastics industry her whole life — even before she started working. Her father, Keith Everson, has worked at Sussex IM Inc. for almost 40 years. He started

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Stichter combines business, technical roles at Teamvantage

April 5, 2019 Updated 4/5/2019 Email Print Teamvantage Mold LLC Teamvantage Mold LLC has injection molding and mold making. Prior to being the general manager at injection molder Teamvantage Molding LLC of Forest Lake, Minn., Kelly Stichter has held a variety of titles, including project engineer, quality manager, operations manager, vice president of engineering and

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