Oil Markers: Useful Pricing Tools 2019 May-June Business 

Oil Markers: Useful Pricing Tools

Benchmark crude (oil marker) is the petroleum that serves as a pricing reference for other types of oil and oil-based securities. The benchmark makes it easier for traders, investors, analysts, and others to determine the prices of multitudes of grades of crude oil varieties and blends. Using benchmarks makes referencing types of oil easier for sellers and buyers. There is… Read More
Chart 1: Density log vs OBG. Source: Ocando, Osorio (2015). 2019 May-June Shale 

There Is More than One Way to Practice Hydraulic Fracturing

Hydraulic fracturing is a highly practiced branch of the production discipline that is commonly used in sands with low permeability. Sometimes it is used for sand control operations and, in other cases, to increase production when it goes down. The functional principle of fracturing consists on using fluid at a higher pressure than the breaking strength of the rock, and… Read More
DevOps Provides Digital Pipelines to Cloud Benefits 2019 May-June Midstream Pipeline 

DevOps Provides Digital Pipelines to Cloud Benefits

According to the World Economic Forum, digital transformation could unlock approximately $1.6 trillion of value for the Oil and Gas industry, its customers and society. This value is derived from greater productivity, better system efficiency, savings from reduced resource usage, and fewer spills and emissions. Yet, the journey to these digital transformation benefits begins with a proverbial first step which… Read More
Invaluable Land Knowledge Software and AI 2019 May-June Software 

Invaluable Land Knowledge Software and AI

Land management is a crucial link in the upstream management chain because the health of every exploration and production organization depends on it. Landmen must move quickly during lease-acquisition phases if they want to secure the best leases in prime exploration areas. Traditionally, this process was slow and tedious, but because of technological advances and AI, it no longer has… Read More
Destenie McMillen and Colorado House of Representative Polly Lawrence at an energy industry meeting 2019 May-June Jason Spiess 

Downturn by Legislation

On April 16 of this year, Governor Jared Polis signed Senate Bill 181 into law after what many consider one of the most controversial pieces of legislation in oil and gas history, as it met opposition from almost every Republican in the state of Colorado and the energy industry. The law took effect immediately, and changes the Colorado Oil &… Read More
Transitioning from an Outside Industry into the Oil Sector: Recent Graduates and Petroleum Engineering Education 2019 May-June Training 

Transitioning from an Outside Industry into the Oil Sector: Recent Graduates and Petroleum Engineering Education

Switching from one major to another while in college can be a difficult decision and process. However, switching from a more simple industry to a complex industry, like the oil and gas industry can prove to be even more difficult. The oil and gas industry, once known for its traditionalism and alignment to few demographics, has quickly been evolving and… Read More
Waterless Oil Sands Extraction Process set to Improve Oil and Gas Industry Environmental Track Record 2019 May-June Environmental Exploration & Production 

Waterless Oil Sands Extraction Process set to Improve Oil and Gas Industry Environmental Track Record

David Sealock, CEO of Petroteq Energy spoke with OILMAN’s editor, Eric Eissler, at length about the company’s innovative oil sands extraction technique which is environmentally friendly because it does not use water in the extraction process. Crunching the Numbers When you think about the costs of buying capital equipment, there are high associated costs with it that makes many executives… Read More
Micrograph showing how SWS encapsulates crude oil petrochemicals E&P wastewater - produced water 2019 May-June Jason Spiess 

Be Aware of the Modern Day Snake Oil

The founder and CEO of BMA Biotech, Mark Bullock is no stranger to the oil and gas industry. Both Bullock’s step-father and father-in-law have both worked in the industry for over 40-years. So, it is little wonder how a small-town boy from the United Kingdom is now living in Sugar Land, Texas and providing highly effective products and sustainable services… Read More
1 2 3
Subscribe to OILMAN TodayDelivered right to your inbox

Subscribe to OILMAN Today, a biweekly newsletter delivered to your inbox covering oil and gas business news, current events and industry information you need to know about.

MyQuorum Land