Shale Drilling in Texas Provides Mixed Bag of Wealth and Environmental Changes #OilmanNEWS 2017 September-October Texas 

Shale Drilling in Texas Provides Mixed Bag of Wealth and Environmental Changes

An industry as large as the U.S. oil industry can have a lasting effect on a state’s economy. For Karnes County, Texas, the shale oil industry provided wealth, power, and an increase in population. Formerly a location filled with ranchlands and fields, Karnes County has become the leading producer of shale oil in Texas. In September 2016, Karnes County pumped… Read More
Russia Ran Campaign Against U.S. Oil, Gas Activity #OilmanNEWS 2017 September-October Alex Mills Contributors 

Russia Ran Campaign Against U.S. Oil, Gas Activity

Russia has been in the news just about every day this year. The top news story recently involves Russia’s involvement in the 2016 Presidential elections, which was highlighted in a Jan. 6 report issued by the Office of the Director of National Intelligence. The declassified version of the report, entitled “Assessing Russian Activities and Intentions in Recent U.S. Elections,” included an analytic… Read More
Halliburton Acquires Tulsa-Based Summit ESP #OilmanNEWS 2017 September-October Oklahoma 

Halliburton Acquires Tulsa-Based Summit ESP

A Tulsa-based oilfield equipment supplier has gained the attention of a large multinational oilfield services provider. The Oklahoma-based firm, Summit ESP, notably impressed Halliburton, as evidenced by the fact that Halliburton announced on Wednesday, July 5th, that it was purchasing Summit. Summit ESP maintains a focus on manufacturing and servicing a comprehensive product portfolio for electrical submersible and surface pumping… Read More
#OilmanNEWS 2017 September-October Shale 

North Dakotan Boom Town’s Growing Pains

While North Dakota has the Bakken Basin to thank for its recent prosperity, it has been a double-edged sword attempting to provide economic prosperity while simultaneously bringing problems of quick growth without adequate infrastructure. The issue stems from the lack of infrastructure, low population and population density. These elements put a strain on the state and city government, forcing them… Read More
#OilmanNEWS 2017 September-October 

Optimizing IT Spend: Critical Success Factors: Sustainment Approach

This article is part four of a four-part series on optimizing IT costs. Revenue pressures in an oil downturn can lead to irrational IT cost cutting that adds risk and reduces competitive advantage, or it may result in the development of a long-term, continuous, cost optimization capability. Once the appropriate analytical model, collaboration, transparency, and opportunity timing considerations are put… Read More
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