Jason Spiess Archives - OILMAN Magazine

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Hustle, Innovation are Showing Profits While Reducing Flares

If this year’s NAPE is any indication of what the energy marketplace is looking like, then companies have their work cut out for them this year. NAPE saw a huge increase of vendors and attendees, exhibit space filled to the max and over 12,000 energy enthusiasts showed up. “The first thing I noticed was the booths. It seems like every… Read More

2019 January-February Jason Spiess

After a Roller Coaster in 2018, the Future Looks Bright for Oil and Gas

Stephen Robbins used only one word to describe his 2018 – growth. Stephen and wife April Robbins own Royal Creek Consulting and do the bulk of their work in the Permian Basin, but are in a few other shale plays. “One word to describe our 2018 would be growth,” Stephen said. “We are extremely blessed to be having the year… Read More

2018 November-December Jason Spiess

The 75K Well Drilling Profits in the Illinois Basin

Recently the Bakken recorded record crude oil and natural gas output numbers. The Permian is red hot too. These shale plays have crews setting up and tearing down well sites. In the Bakken, for example, well costs are in the $7-8M range, quite a reduction from $12M in 2014. But there are a few oil fields not receiving headlines or… Read More

2018 September-October Jason Spiess

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… Read More

2018 September-October Jason Spiess

Meridian Energy Group Meeting Timeline Objectives for Davis Refinery While Expanding Engineering Operations in Houston

Meridian Energy Group is well underway with its efforts to build the Davis Refinery. Davis, commonly referred to as the “Cleanest Refinery on the Planet,” was permitted as a synthetic minor source by the NDDoH (North Dakota Department of Health – Air Quality) after an extensive 18-month review. This PTC (Permit to Construct) issued by the NDDoH validated all of… Read More

2018 July-August Contributors Interviews Jason Spiess

Crude Blessings Demonstrates Ethics and Grit in Oil and Gas

When Roe Patterson began thinking about documenting a slice of his father’s (Glenn Patterson) legacy, he knew it would be something more than a traditional father-son homage. “My dad was kind of a pioneer in the oil and gas industry. He built a drilling company back in the late 70’s starting with one rig,” Patterson said. “Today that company has… Read More

2018 May-June Contributors Jason Spiess

How Blockchain and Crudecoin Could Transform the Energy Industry

A Look at the Innovation Integration of Blockchain Technology into the Global Energy Industry Over the past decade I have had the privilege of interviewing some of the greatest minds in the world of energy, economics and technology. One theme predominant throughout each one of their respective industries was “paradigm shift.” These men are serious men who do not exaggerate… Read More

2018 March-April Contributors Jason Spiess

Tidwell Proves the American Dream Can Still Be Great Again

A little over 15 years ago, Steven Tidwell, who then was a farmer just trying to make ends meet met an entrepreneur who developed an innovative product with a wood-burning stove and insulation. This little design became the simple baseline for a product that could trap hydrocarbons and revolutionize the oil and gas industry. Tidwell’s father, who had just retired… Read More

2018 January-February Contributors Jason Spiess

Gov. Burgum’s Ambitious Challenge to Bakken Producers and Investors

Tis’ the season for annual meetings, but North Dakota Governor Doug Burgum caught many people’s attention with his public speech that was making the rounds. Burgum took full advantage of his invitation to address industry leaders on what direction he would like to see the Bakken go. He laid out four basic challenges: Produce 2 million barrels day. Create an… Read More

2017 November-December Contributors Jason Spiess

Why Selling Crude Oil to China is Good for America

Continental Resources, Inc. recently announced its first-ever sale of Bakken oil specifically for delivery overseas. Continental Resources has sold 1,005,000 barrels of crude oil for November delivery to Atlantic Trading and Marketing (“ATMI”), which intends to export the oil to China. “This is a historic day for Continental and begins a new chapter in our long-term strategy to establish multiple… Read More

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