2015 January-February 

Halliburton to Acquire Baker Hughes

Halliburton Co. and Baker Hughes Inc. have reached a definitive agreement, under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. “We are pleased to announce this combination with Baker Hughes, which will create a bellwether global oilfield services company and offer compelling benefits for the stockholders, customers and other stakeholders of… Read More
2015 January-February 

Policy Considered for NG Modernization Cost Recovery

The Federal Energy Regulatory Commission (FERC) in November 2014 asked for public comments on a proposed policy statement that would allow interstate natural gas pipelines to recover, through surcharge or tracker mechanisms, certain capital expenditures made to modernize pipeline system infrastructure to enhance reliability, safety, and regulatory compliance. As a result of regulatory reforms by the Pipeline and Hazardous Materials… Read More
2015 January-February 

EPA: Oil Reserves Surpass 36bn barrels

The U.S. Energy Information Administration (EIA) in December reported that U.S. crude oil and lease condensate proved reserves rose for the fifth consecutive year in 2013, increasing by 9% from the 2012 level to 36.5 billion barrels. According to the “U.S. Crude Oil and Natural Gas Proved Reserves, 2013” report, U.S. crude oil and lease condensate proved reserves surpassed 36… Read More
2015 January-February Texas 

Oil & Gas Education News

Texas A&M University-Kingsville Launches Engineering Initiative Texas A&M University-Kingsville has launched a plan to bring Javelina Engineering to the Rio Grande Valley. The Rio Grande Valley Engineering Initiative will expand engineering educational and research programs to the Rio Grande Valley in January. Initial offerings will include bachelor’s programs in chemical, environmental and natural gas engineering. Classes will be held at the… Read More
2015 January-February Mark A. Stansberry 

Eisenhower’s Energy Vision

For the past 37 years, I have been involved in the oil and gas industry. During that time, I have had the opportunity of working in other outside capacities. From 2009 to 2013, I had the honor of serving as chairman of the 14-member international governing board of People to People International (PTPI) and acting chief executive officer during the… Read More
2015 January-February Jessica Byrd 

Make a #TwitterResolution

Happy New Year! I hope you and your family are having a #Safe, #Happy and #Prosperous #NewYear! One of the greatest aspects of the New Year is the universal consciousness of making a resolution, and therefore, making a change. The dictionary defines the word resolution in two ways; A formal expression of opinion or intention made and a decision or… Read More
2015 January-February Mike Thomas 

Oil and Natural Gas Inspection: Training, Discipline, and Maximizing Pipeline Pilum

The assessment of training, discipline, and leadership practices within the oil and natural gas industry affects organizational environments. The evaluation includes training programs, punishments, and various leadership approaches. At the same time, unassailable support highlighted in organizational behavior and emerging leadership models may appear complacent. The oil and natural gas leadership approaches permeate the environment to unroil the autonomy of… Read More
2015 January-February 

Repsol Discovers Oil Offshore at León

Repsol has made a new oil discovery in the U.S. Gulf of Mexico. The company made the find about 218 miles from the Louisiana coast in an ultra-deep water well named León, located in the Keathley Canyon 642 block. The well found about 492 feet of net oil pay within a column of over 1,312 feet. The well was drilled… Read More
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