Category: Contributors
Texas Leads as U.S. Become Largest Oil Producer Surpassing Saudi Arabia, Russia
Increased crude oil production throughout Texas this year has resulted in a huge jump in U.S. oil production. Now, apparently the U.S. has surpassed Saudi Arabia and Russia to become the world’s largest oil producer a feat that would have been thought impossible just 10 years ago. The Energy Information Administration (EIA) at the Department of Energy issued a report…
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Natural Gas Becomes Largest Sources Of Electricity Generation
Natural gas has become the major generator of electricity in the U.S. during the past 10 years. The Energy Information Administration (EIA) reports that natural gas became the largest source of electricity in the U.S. in 2016 for the first time. Natural gas generated 1,378,307,000 megawatts compared to 1,239,149,000 for coal. During the past 10 years, natural gas has increased…
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Industry Scrambles to Relieve Oversupply in Permian Basin
The Permian Basin of West Texas and Southeastern New Mexico is hot. It leads the state and nation in oil and natural gas production, according to the Texas Railroad Commission, which regulates the oil and gas industry in Texas, and the Energy Information at the U.S. Department of Energy. It has been one of the leading oil and gas regions…
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Oil and Gas Industry Energizes Multimedia Kidtrepreneur’s View on Capitalism
Otis began an entrepreneur’s journey at the age of 30 days old. Video Arts Studio was working on a new program for Discovery Channel and it just so happened they needed a one-month-old baby for the cover art and pilot program “Sheri Daniel’s Baby 101.” Although the pilot was not picked up, this opportunity became the catalyst for Otis to…
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Early Winter
After attending this year’s summer NAPE (North American Prospect Expo) event, the common theme was “2019.” Everyone was preparing, planning and infield developing for exits in early 2019. The amount of marketed operated deals at the event (and as a collective total across all platforms) was minimal through Quarter three. Unless you have a target acquisition in mind (on or…
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