Monthly Archives: March 2015

State estimates $150B to treasury if ANWR ever opened

ALASKA JOURNAL OF COMMERCE  March  12, 2015 Alaskans have long believed oil discovered in the coastal plain of the Arctic National Wildlife Refuge could help keep the Trans-Alaska Pipeline System operating and also replenish the state treasury. It may be … Continue Reading

2015 IADC Drilling Onshore Conference & Exhibition

International Association of Drilling Contractors  May 14, 2015       Read More

Exxon, Shell’s spending patterns may help them through oil price drop International Association of Drilling Contractors

Mar 10, 2015  Reuters The world’s two biggest oil firms, Exxon Mobil Corp and Royal Dutch Shell, may withstand the oil price collapse better than their rivals because they are closer to finishing expensive investment projects while others must keep … Continue Reading

Oil pipeline boom goes on despite Keystone XL setback

USA TODAY  March 15, 2015 WASHINGTON — In a far corner of North Dakota, just a few hundred miles from the proposed path of the Keystone XL pipeline, 84,000 barrels of crude oil per day recently began flowing through a … Continue Reading

New Record: Oil and Gas Industry Paid $15.7 Billion in Taxes and Royalties in 2014, Most in Texas History

Texas Oil and Gas Association Press Release  February 24, 2015 New Record: Oil and Gas Industry Paid $15.7 Billion in Taxes and Royalties in 2014, Most in Texas History Despite prices, oil and gas industry poised to continue tremendous contribution … Continue Reading

Jim Bernhard launches new energy services firm

Greater Baton Rouge Business Report  February 26, 2015 Two years after retiring as CEO of The Shaw Group, Jim Bernhard and his partners in the private equity firm he subsequently founded have now formed an integrated energy services firm made … Continue Reading

Bump at the pump: Gas prices to soar next two weeks

theadvertiser February 26,2015 Gasoline price observers say consumers should expect a push at the pump for the next few weeks, based on what’s happening with wholesale prices. GasBuddy.com said Thursday a rally in gasoline markets increased prices for wholesalers, which will … Continue Reading