What might lie ahead for the upstream, midstream and downstream industries during a time of COVID-19, crude oil oversupply and paper-thin storage capacity? Reese Energy Consulting CEO Steve Reese takes questions on this topic and more on this week’s episode of Digital Roughnecks with host Mark Smith. ...
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Lea County, NM, today has taken the crown as the nation’s #1 oil and gas producer after hitting a January record of 18,761,224 barrels of crude. In the heart of the Permian, the small city of Hobbs has stolen away much of the limelight from its Texas neighbor in an area where permanent residents have watched their community ascend from one of the most impoverished to one of the wealthiest. ...
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Calgary-based TC Energy is back in the headlines this week with news that the shovel has officially met dirt on the Keystone XL Pipeline. ...
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If you’ve worked in the oil and gas industry long enough, you know that sometimes it’s just better to shut off all the noise and keep plowing ahead. The sky may be heavy but it’s far from falling. If anything, troubled times like these add another definition to the term Energy Strong—which we are and will continue to be. ...
Read MoreThe use of CO2 Enhanced Oil Recovery techniques in the oilfield has experienced a renaissance over the last 10 years, but many longtime fans of EOR also are focused on monetizing their innovations in the burgeoning carbon capture, use and storage industry. ...
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The midstream merger scene has been relatively quiet this year, but two startups in two months have now entered the deep-pocketed House of Encap Flatrock with nearly $1 billion in fresh capital between them. Reese Energy Consulting today is following the latest news from San Antonio-based Encap, which just announced the formation of Tatanka Midstream. ...
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