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Category: 360 Articles

Is ISIS’ Control of Oil Impacting the Global Economy?

Is ISIS’ Control of Oil Impacting the Global Economy?

CNN reported today on the ISIS takeover of sections of Iraq and Syria and the potential outcome of further oil sales by the barbaric terrorist group that has reportedly beheaded children in its captured territories. “ISIS control just a few marginal fields in Iraq’s north, but they are enough to fund the terrorist group’s self-sufficiency,” CNN reported. “A month ago, the ISIS–controlled […]

Petroleum is Driving our Enrollment: Colorado School of Mines

Petroleum is Driving our Enrollment: Colorado School of Mines

Completion Engineer replaces Geophysicist for top slot The Colorado School of Mines has roughly 740 total petroleum engineering students enrolled today, about 190 of whom are slated for graduation in 2015. “Petroleum is driving our enrollment,” Colorado School of Mines Department of Petroleum Engineering’s Interim Department Head, Dr. William W. Fleckenstein, told Oil & Gas 360® at EnerCom’s The Oil […]

Testing, Tweaking Completion Technologies Top of Mind for E&Ps at EnerCom’s The Oil & Gas Conference 19®

Testing, Tweaking Completion Technologies Top of Mind for E&Ps at EnerCom’s The Oil & Gas Conference 19®

A few themes are emerging as companies present their stories at EnerCom’s The Oil & Gas Conference 19® in Denver this week. There is no question all the E&P companies are focused on finding, testing and developing the best science and technologies the industry has to offer when it comes to well completion techniques and fracture stimulation variation. Slick water, […]

Colorado Governor Addresses EnerCom’s The Oil & Gas Conference 19®

Colorado Governor Addresses EnerCom’s The Oil & Gas Conference 19®

After a full morning of investor presentations by leading oil and gas companies including Range Resources (ticker:  RRC), Core Laboratories (ticker:  CLB) and Whiting Petroleum (ticker:  WLL), Colorado Governor John Hickenlooper took the stage during a surprise visit to EnerCom’s 19th Oil & Gas Conference today. The governor pointed out that “unemployment in Colorado is down to 5.3% to pre […]

Shell Divests Pinedale and Haynesville, Adds 155,000 Net Acres in the Marcellus and Utica

Shell Divests Pinedale and Haynesville, Adds 155,000 Net Acres in the Marcellus and Utica

Royal Dutch Shell (ticker: RDS.A) is shifting around its U.S. onshore assets. Yesterday, the company announced it will acquire 155,000 net acres in the Pennsylvania Marcellus and Utica from Ultra Petroleum (ticker: UPL). Ultra agreed to pay Shell $925 million for 100% of Shell’s Pinedale asset in Wyoming. In separate agreement, Shell has agreed to sell 100% of its Haynesville […]

What to Expect from EnerCom’s The Oil & Gas Conference 19®

What to Expect from EnerCom’s The Oil & Gas Conference 19®

For the 19th year, analysts, investors and industry professionals will descend on Denver, Colorado, for EnerCom’s annual installment of The Oil & Gas Conference. The event started as a one day affair in August of 1996, with eight company presenters and 86 people in attendance. Eighteen years later, the Conference has grown to the largest Oil & Gas investor conference […]

Next Tuesday: Alaska’s Voters Decide How Much Tax O&G Companies Must Pay the State

Next Tuesday: Alaska’s Voters Decide How Much Tax O&G Companies Must Pay the State

If 35% Flat Tax Is Repealed, Higher Production Taxes Could Again Slow Oil and Gas Development On August 19, Alaskan citizens will vote on a ballot that determines the taxing fate of the oil and gas production companies working in the state. The vote will happen at the same time as the primary elections. Last year, the Alaskan Senate passed […]

$2.7 Billion in New Marcellus Pipeline Infrastructure Announced this Week

$2.7 Billion in New Marcellus Pipeline Infrastructure Announced this Week

In the first of two announcements this week, PennEast Pipeline LLC and UGI Energy Services (ticker: UGI) announced plans to build a 100 mile, $1 billion 30-inch gas pipeline from Pennsylvania and New Jersey to take Marcellus gas production to market. The PennEast pipeline is designed to take 1 Bcf of natural gas per day, which can supply gas to […]

Welcome the Shale Boom, Welcome Jobs

Welcome the Shale Boom, Welcome Jobs

Fred Upton, Chairman of the House Energy & Commerce Committee, referenced this week’s Fox News special report entitled “No Fracking, No Boom” in his blog update today. The blog compared the jobs-driven economic uplift in Pennsylvania to New York’s southern counties’ six year employment decline in the absence of shale development in his blog post today. The Chairman’s state of […]

Petrobras Brings in North Jupiter Well, Achieves Production Records in July

Petrobras Brings in North Jupiter Well, Achieves Production Records in July

Brazil Mourns Death of Presidential Candidate Eduardo Campos Petrobras (ticker: PBR), the Brazilian integrated oil and gas company, announced today the extension of the Jupiter discovery in Santos Basin pre-salt block BM-S-24 following drilling operations at well 3-BRSA-1246-RJS (3-RJS-732), informally known as Apollonia. Petrobras is scheduled to present at EnerCom’s The Oil & Gas Conference 19® on Tuesday, August 19, […]