After two years of public comment and revisions, Extraction will be allowed to drill in Broomfield–but will Colo. voters stop it in November with positive setback vote on 97? Extraction Oil & Gas (ticker: XOG) got the news this week that its Comprehensive Drilling Plan (CDP), dated July 27, 2018, was conditionally approved by the City and County of Broomfield,
Oil hiring swells in Texas, U.S. oilpatch Oil prices reached their highest point since December 2014 and companies in the oil and gas industry are hiring accordingly as activity in the industry picks up. LinkedIn’s workforce report for June details a year-over-year rise in hiring of 5.2%. The report details the strong correlation between oil prices and hiring within the industry.
Bill gives cabinet and environment minister final power to approve or reject a project regardless of the findings of an environment assessment In February 2018, Catherine McKenna, the federal Minister of Environment and Climate Change, introduced Bill C-69. The bill may replace the Canadian Environmental Assessment Act of 2012 (CEAA 2012) with the Impact Assessment Act. McKenna claimed the new
Labor Department says only 6,000 jobs are back after 60,000 layoffs hit industry starting in 2014 From the Associated Press / Texarkana Gazette HOUSTON—Skilled workers in Texas are still looking for jobs as U.S. employment in the oil and gas industry continues to lag behind rising oil prices. Job seekers hoping for an oil market recovery will likely have to
Why hasn’t the Permian boom generated a boom for Texas oil and gas jobs? From the Dallas Morning News Texas added barely any oil and gas jobs last year even as the state continued to dominate the industry, according to a report released Monday. The Texas industry employed 325,439 or about 39 percent of those jobs nationwide, according to the Texas
Texas regulator says “misunderstanding” is making millennials shun oilfield jobs From the Texas Tribune Texas Railroad Commissioner Wayne Christian told House lawmakers on Wednesday that the biggest threat to a burgeoning oil boom is “the acceptance of the politically-correct-driven environmental anti-oil and gas science.” If you ask Wayne Christian, the biggest threat to the oil and gas industry in Texas is
The oil and gas sector in Texas remained strong through March according to the Dallas Fed’s new report. Prices for WTI crude oil rose slightly in March, staying close to $63 per barrel and oil production in the Permian Basin and Eagle Ford rose again. Employment spiked up in February and is at its highest level since late 2015, while
Artificial intelligence as smart as humans will lead to “super intelligent” technology that will outperform human beings From MarketWatch WASHINGTON – It is no longer in question whether all jobs will be automated, the chair of the Institute for New Economic Thinking said Tuesday. The real question rests in when that automation will occur and which sectors of society will
From NewsOK Participants in Tuesday’s energy chat on NewsOK asked how recently approved increases in taxes on Oklahoma wells might impact the ongoing resurgence of the state’s oil and gas industry, among other things. The Oklahoman’s energy writers, Adam Wilmoth and Jack Money, fielded the questions. This is an abridged transcript of that conversation: Q: How does Oklahoma’s gross production tax
Saudi Aramco and Total (ticker: TOT) have signed a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia. Located next to the SATORP refinery in the same industrial area, the complex will comprise a mixed-feed steam cracker (50% ethane and refinery off-gas) with a capacity of 1.5 million tons per year of ethylene and related high-added-value
Oil & Gas 360® has learned that the Colorado Supreme Court will hear the opening briefs for Martinez v. COGCC (docket number 2017SC297) on April 2, 2018. It’s a meaningful case because the outcome could force a change to the criteria which Colorado’s oil and gas regulator—the Colorado Oil and Gas Conservation Commission (COGCC)—must use when approving or denying permits
Julie Murphy was welcomed by her fellow colleagues as the COGCC held its March 19, 2018 hearing, and during a lively public comment session, voices both for and against oil and gas development were inked into the record The Colorado Oil and Gas Conservation Commission started the day with a brief roll call and welcomed a new honcho, Director Julie
