Preventing Condensate System Fouling 2017 November-December 

Preventing Condensate System Fouling

Due to product scale and buildup, a midstream Natural Gas Liquids (NGL) plant was changing their filters every three days, as well as conducting heat exchanger cleanings eight times a year. This redundant maintenance was costing the plant approximately $206,000 a year. While conducting a plant survey, U.S. Water representatives recommended a new solution to resolve their perpetual issue. This… Read More
Tom Ciarone 2017 November-December Contributors Thomas G. Ciarlone, Jr. 

The Growing Tension Between Executives and Non-Executives in the Oil Patch

The Court of Appeals in San Antonio recently decided one of the first cases in quite some time to address the duties—of the party with the executive rights to minerals—owed to non-executive mineral interest owners. The case is Texas Outfitters Limited v. Nicholson, No. 04-16-00392-CV. Most of us in the industry know that in Texas and other jurisdictions the mineral… Read More
5 Challenges to Navigate in 2018 and Beyond 2017 November-December 

5 Challenges to Navigate in 2018 and Beyond

Optimistic but cautious. That statement sums up the outlook from the top-level leaders of the U.S. oil and gas industry after several years of unexpected low prices. Many companies managed to weather the storm, others were acquired in corporate buyouts, and the unlucky ones had to sadly close their doors. That being said, the industry is standing steady with 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
Oilman OILMAN Publisher 

Letter from the Publisher (November-December 2017)

The oil and gas market has seen many fluctuations over the past three years, from $24 a barrel to now bouncing between $45 and $55 a barrel, OPEC issuing various reports of its intention to stabilize the market, several large shale plays exchanging hands in the hot Delaware Basin, and major oil companies and SMBs wading through a crippling downturn… Read More
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