Publisher’s Note: Jim Felton with EnerCom sat down with Hydroacoustics, Chief Development Officer John Benton to discuss the intriguing approach to wring out more oil from the hundreds of thousands of stripper wells in the country. Their oil recovery tool generates the greenest barrel in the business by enhancing oil recovery without any drilling or use of chemicals. For 50 years, Hydroacoustics
Publisher’s Note: Jim Felton with EnerCom sat down with Serve Robotics CEO Dr. Ali Kashani about what’s next for this Uber spinoff, its 10% stake taken by Nvidia and its enviable appreciation in its stock price this summer (NASDAQ SERV). Serve is surveying the energy industry for ways to take its proven ability of using AI to power robots that coexist with
Publisher’s Note: Jim Felton with EnerCom sat down with X Oil Development, CTO, Elio Dean to discuss company updates. X Oil Development will present in person at the 2024 EnerCom Denver—The Energy Investment Conference during the Emerging Technology and Energy Transition Session presented by EnerCom at 10:05 a.m. Mountain Time on Wednesday, August 21, 2024. You can register to attend EnerCom Denver at www.enercomdenver.com. For more information on
Publisher’s Note: Jim Felton with EnerCom sat down with Gradient Geothermal, Chief Executive Officer, Ben Burke to discuss how Gradient is helping clients take heat waste coming out of the well or from processing at the surface to turn that into a value add as power generation or on-site use of thermal energy itself. Gradient Geothermal Inc, formed by the combined
Oil and Gas 360 The United Arab Emirates (UAE) has attracted some big industry investors in its bid to challenge the U.S., Australia, and Qatar as the world’s leading LNG exporters. Shell and fellow European energy titans TotalEnergies and BP each take 10% of Abu Dhabi’s Ruwais project; Mitsui of Japan takes another 10%. The remaining 60% will be
Publisher’s Note: Jim Felton with EnerCom sat down with Chapman Nuclear CEO John Chapman, a fourth-generation nuclear scientist focused on the hunt for natural gas needed for his hydrogen fusion reactor projects with NASA and other clients. Chapman talks about the opportunities, economics and strategy for growing the company, which includes other business sectors such as radioactive isotopes for medical use.
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 3 over last week, resulting in a total count of 589 rigs. Canada had an increase of 14 over last week, resulting in a total Canadian count of 211 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford,
Natural Gas Inventories as of July 19, 2024 The EIA has released its natural gas inventory report, showing a net increase of 22 Bcf as of July 19, 2024. Working gas in storage was 3,231 Bcf as of Friday, July 19, 2024, according to EIA estimates. This represents a net increase of 22 Bcf from the previous week. Stocks were
Natural Gas Inventories as of July 12, 2024 The EIA has released its natural gas inventory report, showing a net increase of 10 Bcf as of July 12, 2024. Working gas in storage was 3,209 Bcf as of Friday, July 12, 2024, according to EIA estimates. This represents a net increase of 10 Bcf from the previous week. Stocks were
Weekly Crude Oil Storage as of July 12, 2024 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.9 million barrels from the previous week. At 440.2 million barrels, U.S. crude oil inventories are 5% below the five-year average for this time of year, according to the EIA crude oil and petroleum weekly storage data,
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had a decrease of 1 over last week, resulting in a total count of 584 rigs. Canada had an increase of 14 over last week, resulting in a total Canadian count of 189 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Granite
Natural Gas Inventories as of July 5, 2024 The EIA has released its natural gas inventory report, showing a net increase of 65 Bcf as of July 5, 2024. Working gas in storage was 3,199 Bcf as of Friday, July 5, 2024, according to EIA estimates. This represents a net increase of 65 Bcf from the previous week. Stocks were
