Feature Stories

Will Enbridge’s Line 3 become the Next Keystone XL?

Will Enbridge’s Line 3 become the Next Keystone XL?

Minnesota Commerce Dept. sees no need for Enbridge’s Line 3 Replacement Pipeline Project

The Line 3 Replacement Program is a multi-billion dollar private investment consisting of 1,031 miles of 36-inch diameter pipeline beginning in Hardisty, Alberta and ending in Superior,

Secretary-General Ban Ki-moon at Paris Agreement Ratification Ceremony.
From Paris to Hangzhou – Climate Response in Action.
H.E. Mr. XI Jinping, President of the People’s Republic of China and H.E. Mr. Barack Obama, President of the United States of America present the instrument for the Paris Agreement to the Secretary-General.

Climate-Related Financial Disclosure a Terrible Idea: IHS Report

New IHS report finds FSB’s climate risk reporting recommendations would undermine capital allocation decisions and could distort markets

In December 2016, the Basel, Switzerland-based Financial Stability Board (FSB) put out the recommendation of its Michael Bloomberg-led task force that concluded …

Is Natural Gas Trucking’s Future, or is CNG Just a Pit Stop on the way to Electric Semi-Trucks?

Is Natural Gas Trucking’s Future, or is CNG Just a Pit Stop on the way to Electric Semi-Trucks?

CNG fueling stations are sprouting up at transit facilities and truck stops, but over-the-road electric trucks loaded with technology, creative leases, battery swapping and free fuel are coming to U.S. on-ramps

Last week, Pennsylvania’s Governor Tom Wolf celebrated the opening …

Can Musk Make the Model 3 Happen—or is the On-ramp Way Too Steep?

Can Musk Make the Model 3 Happen—or is the On-ramp Way Too Steep?

Luxury electric car maker goes to the trough for another billion dollars, sells 5% of company to Chinese Internet giant

“We are planning to produce 500,000 total vehicles in 2018, which is approximately double our prior growth plan” 

Shares of …

For Coal to Come Back, 3 Things Must Happen

For Coal to Come Back, 3 Things Must Happen

The inevitability of coal’s decline–that perception will probably change: Pipes

To set the stage for a coal comeback, one factor is already in place

Within minutes after his inauguration, President Trump posted a memo on the White House website entitled …

Oklahoma’s Osage Nation wants Oil & Gas Development to Hit the Accelerator—Now

Oklahoma’s Osage Nation wants Oil & Gas Development to Hit the Accelerator—Now

Osage Nation’s desire to continue its legacy of oil wealth is being stymied by the U.S. government; tribe wants oil companies to explore new plays, generate new oil production

Oklahoma’s Osage Nation wants Oil & Gas Development to Hit the Accelerator—NowSeizing upon economic growth opportunities associated with their tribal lands has …

Why Shareholders are Okay with Dilution

Why Shareholders are Okay with Dilution

Shareholders send billions in equity capital flowing into oil and gas

Since November 27, 2014, the American and Canadian oil and gas extraction industry has received more than $59.1 billion in new equity capital.  That is approximately 681 days since …

As Natural Gas Replaces Coal it’s More than Just a “Bridge Fuel”

As Natural Gas Replaces Coal it’s More than Just a “Bridge Fuel”

It’s time to overstate the obvious: the wide range of uses for natural gas makes it a critical resource for the United States and world economies.

Natural gas is used in an amazing number of ways. Although it is widely …

Gulf of Mexico Operators: Prepare to Present the U.S. Government with Financial Assurance Covering 100% of Decommissioning Liability for your OCS Leases

Gulf of Mexico Operators: Prepare to Present the U.S. Government with Financial Assurance Covering 100% of Decommissioning Liability for your OCS Leases

Notices from BOEM to Gulf of Mexico operators will hit mail boxes starting in November: an Oil & Gas 360® Exclusive Interview with BOEM GOM Regional Director Michael Celata – Part 3 of a Series

New, much more stringent …

Experts Predict Trouble Ahead for Gulf of Mexico Oil & Gas Operators

Experts Predict Trouble Ahead for Gulf of Mexico Oil & Gas Operators

New supplemental collateral requirements could severely damage independent Gulf of Mexico drillers, producers – Part 2

On Sept. 12, 2016, the federal government initiated big changes to its bonding requirements for the financial liability for decommissioning oil and gas assets …

Obama Administration Halts Work on Dakota Access Pipeline

Obama Administration Halts Work on Dakota Access Pipeline

Administration Overturns Federal Court Ruling, Halts Work on $3.8 Billion Dakota Access Pipeline

In a surprise statement on Friday, the Obama administration said that it would not issue the easements necessary for construction to begin on a portion of …

U.S. Offshore Drilling Changes Drastically on Sept. 12, 2016

U.S. Offshore Drilling Changes Drastically on Sept. 12, 2016

Part 1: What is NTL No. 2016-N01?

In July an agency under the executive branch of the U.S. government delivered what might be a killshot for a portion of the leaseholders and operators working to extract oil and natural gas …

Did a White House Appointee just Kill Deepwater Drilling in the Gulf of Mexico?

Did a White House Appointee just Kill Deepwater Drilling in the Gulf of Mexico?

U.S. Offshore Drilling Changes Drastically after Sept. 12, 2016 – Part 1

In July an agency under the executive branch of the U.S. government delivered what might be a killshot for a portion of the leaseholders and operators working to …

Will Ohio’s New Clean Filling Station Model Draw Millennial Drivers to the Highways?

Will Ohio’s New Clean Filling Station Model Draw Millennial Drivers to the Highways?

Unmanned, app-friendly filling stations could expand Millennial interest in CNG fueled cars, pickups

 

Will Ohio’s New “Filling Station” Model Draw Millennial Drivers to the Highways?It’s been a while since the familiar Esso filling stations dotted the U.S. highways. But if you were a kid in the ‘50s and ‘60s, that …

The New Normal:  U.S. Oil Company Executives Determine Global Supply

The New Normal: U.S. Oil Company Executives Determine Global Supply

With OPEC out, is this what the new normal looks like for the oil and gas industry?

Wednesday’s 1.1 million-barrel build in U.S. crude oil inventories drove West Texas Intermediate crude prices down by roughly a buck.  A couple days …

NGP, EnLink Form $800 Million Midstream JV in the Delaware Basin: an Oil & Gas 360® Exclusive Interview with NGP’s Tony Weber

NGP, EnLink Form $800 Million Midstream JV in the Delaware Basin: an Oil & Gas 360® Exclusive Interview with NGP’s Tony Weber

New Lobo II expansion of EnLink’s existing Lobo System in the Delaware basin is anchored by long-term commitments from major producers; expects to be operational by year-end 2016

Subsidiaries of EnLink Midstream (ticker: ENLK) and private equity fund NGP Natural

Vermont Public Service Board Orders Strict Renewable Energy Standards Starting in 2017

Vermont Public Service Board Orders Strict Renewable Energy Standards Starting in 2017

New requirements: Vermont utilities must procure 55% of the electricity sold to customers from renewable sources in 2017, increasing to 75% in 2032

The State of Vermont is a recent example of a source of the tornadic nature of change …

Environmental Movement Targets FERC to Stop New Pipelines – An Exclusive Interview

Environmental Movement Targets FERC to Stop New Pipelines – An Exclusive Interview

U.S. Shale Gas Needs More Pipelines to Move the Gas to Market, but Anti-Fossil Fuel Groups are Out to Stop Pipelines

In the past ten years, the shale revolution has changed the U.S. energy landscape. The economic extraction of oil …

How Well Do You Know the Oil Company’s Reserves You’re Financing?

How Well Do You Know the Oil Company’s Reserves You’re Financing?

Bankers/Analysts/Money Managers: Netherland Sewell is Hosting Seminars in London, Singapore in June, July

Last week Netherland, Sewell & Associates (NSAI), the half a century-old Dallas-based petroleum engineering and geological consulting firm, held its Oil and Gas Property Evaluation Seminar in …

Are All Disruptive CEOs Cut from the Same Cloth?

Are All Disruptive CEOs Cut from the Same Cloth?

“My desk is at the end of the production line.”

As CEOs go, there is not much about Elon Musk that is orthodox.

Example: Tesla Motors’ (ticker: TSLA) Q1 conference call took place this week. Musk held the Tesla call …

EnerCom Inc. Provides Annual Finding and Development Cost Study

EnerCom Inc. Provides Annual Finding and Development Cost Study

For the global oil and gas industry, world events are shaping the future. If the shale revolution started in 2004, the shale evolution will have its genesis in 2015.

The industry’s previous business model, using scarcity as its raison d’être, …

Crude Oil Inventory

Crude Oil Inventory

April 20, 2016
CRUDE OIL INVENTORY ‘000 bbls (Week Ended 4/15/16)

Current: 538,611
Actual Build/(Withdrawal): 2,080
Economist Average Estimate: 2,295
Previous: 536,531

 

Oil & Gas 360

Oil & Gas 360

Oil & Gas 360


Analyst Commentary on Today’s Build

Crude Inventory WoW Build Below Expectations on Lower Imports and Higher Refinery

April 20, 2016 - 2:42 pm Analytics, Closing Bell Story‎, Feature Stories
Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Join the University of Colorado Denver Business School for an Open House April 14th

Global Energy Management Open House for Energy Professionals on April 14th 

The University of Colorado Denver Business School’s Global Energy Management (GEM) program is set to launch its 16th new class, which it calls “cohorts,” in July. In advance …

Energy Master’s Program Prepares Professionals for Company Leadership Roles

Energy Master’s Program Prepares Professionals for Company Leadership Roles

Hybrid Online Master’s Program Appeals to Industry Professionals Worldwide – Open House April 14th

The University of Colorado Denver Business School’s Global Energy Management (GEM) program is set to launch its 16th new class, which it calls “cohorts,” in …

The Lending Environment for 2016:  What’s the Banker’s Eye View?

The Lending Environment for 2016: What’s the Banker’s Eye View?

Redeterminations Can’t Come Fast Enough: Energy Bankers

As we sit here today WTI is trading around $34 per barrel and natural gas at $1.68 per Mcf. Reserve base lending agreements are scheduled to be redetermined in the coming months.  …

Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon – Oil & Gas Shale Wildcatter – Dead at 56

Aubrey McClendon, who was co-founder (with Tom Ward) of Chesapeake Energy (ticker: CHK; CHK.com), died in a one-car crash in rural Oklahoma early morning March 2, 2016.

A maverick in America’s shale oil and gas industry, he will be …

Energy CapEx: Spending Money to Make Money

Energy CapEx: Spending Money to Make Money

Back when the dinosaurs roamed the Earth in the late 1980s and 1990s, oil and gas companies started to use a term called EBITDAX instead of Net Income to describe the amount of cash that was generated from ongoing operations.  …

OilService: Is this the New Paradigm Coming out of the Downcycle?

OilService: Is this the New Paradigm Coming out of the Downcycle?

OilService Companies are Finding Ways to Make Business Work in this Price Environment

The people working in American industry can be pretty darned resilient and very creative when markets get rough. Oil and gas producers and oilservice companies are certainly …

Energy Opportunities are in the Sights of Private Equity Firms: An Exclusive Interview with Jason Downie, Co-Founder of Tailwater Capital

Energy Opportunities are in the Sights of Private Equity Firms: An Exclusive Interview with Jason Downie, Co-Founder of Tailwater Capital

“There’s a lot of capital on the sidelines. … From a timing perspective, I would imagine there’s a major effort to deploy capital this year.” – Jason Downie, Tailwater Capital

The energy space has changed. But with change comes opportunity, …

Energy Producers – Don’t Ever Underestimate the Environmental Activists

Energy Producers – Don’t Ever Underestimate the Environmental Activists

The warning for energy producers in Colorado came from Christopher Guith, senior vice president for policy at the U.S. Chamber of Commerce’s Institute for 21st Century Energy.

Guith’s warning was delivered during a panel discussion with a group of …