The Power of Strategy and Technology in the Oil and Gas Recovery

As the oil and gas industry recovers from the COVID-19 driven demand crisis of 2020, companies are leaning more and more on the convergence of business strategy with technology to fuel the post pandemic recovery and provide a foundation for innovation and transformation. Chevron recently reported annual profits of $15.6...

Letter from the Publisher (May-June 2022)

With the relentless attack on oil and gas development in the U.S. over the past year, the industry remains resilient to the assault. Looking at employment numbers in Texas, the direct upstream employment totaled 184,700 in March, an increase of 4,300 from February, according to the Texas Independent Producers and...

Without American LNG, the Fight Against Russia Would Have Been Much, Much Worse

This year, Russia invaded Ukraine, threatening not just the sovereignty of European nations, but also the world energy market. When America, along with our allies and trade partners, rightfully sanctioned Russia, refusing to fill Moscow’s coffers, the global energy market was impacted. American LNG has served as a tourniquet, staunching...

Where Can Investors Turn to Hedge Their Bets Against Inflation?

Financial planners and portfolio managers must have a lot on their minds at the moment, but inflation most certainly is at the top of their list of concerns. Initially, the current administration addressed the issue by assuring Americans that the rising rate of inflation was transitory, and simply a side...

Bitcoin: Compass Mining’s Vein of Gold

Considering the everyday life of an oil and gas company in today’s world, the need to diversify to maintain a current stake hold and ensure one’s validity in the future market is understandable. In addition to the response to the green energy movement, many oil and gas companies have sought...

Oilman Cartoon May/June 2022

Predictive Maintenance is the Future – But Not Quite in the Way You Think

Predictive maintenance (PdM) is indisputably the future for the oil and gas industry, which relies on reliably functioning physical assets for the production that drives revenue and growth. The benefits of a predictive maintenance approach are clear. As sensors and machine learning work together to pinpoint issues in advance, operators...

Microbes Offer Cost Effective and Environmentally Friendly TPH Cleanup of Oil Spills

As everyone from investors to the general public asks the oil and gas industry to get cleaner and more environmentally friendly, more and more operators are looking for options that do exactly that, while still working effectively. That is certainly true for mopping up spilled oil or oil-based drilling mud....

Consequential Intentions and Solutions

Intentional consequences? “No more subsidies for [the] fossil fuel industry. No more drilling on federal lands. No more drilling, including offshore. No ability for [the] oil and gas industry to continue to drill, period, ends!” That quote, from a high-ranking official, appears to come across as intentional in shutting down...

Ferrous Pipes Used in The Process Piping for Oil and Gas/Energy Sector

Pipe materials can be categorized into metallic and non-metallic pipes. Metallic pipes are further subdivided into ferrous and non-ferrous types. The ferrous has iron as a main component and the non-ferrous does not have iron as a main component. The carbon-steel pipes, stainless-steel pipes, chrome-moly pipes and cast-iron pipes are...

Optimizing Wettability in CCS Class VI Wells can Slash Regulatory Costs and Boost Storage Efficiency

CCS is touted as the solution to continued fossil fuel requirements, so cutting millions from costs and making wells hold more CO2 is vital to the process. Here’s how that can work. Reducing greenhouse gases, especially atmospheric CO2, has become top priority for every industry as the world deals with...

Danos Celebrates 75 Years of Business

While names of organizations like Chevron and Shell command first recognition as service stations around the country, Danos, LLC, carries the same weight as the premier service provider rooted deeply within the energy industry. Founded in 1947, Danos has evolved with a changing market and industry scope to arrive at...

The ESG Community Lacks an Understanding of What Crude Oil is Used For

The Environmental, Social and Governance (ESG) investment community is divesting in crude oil that provides products and fuels for consumers that did not exist in the decarbonized world of the 1900s and before. Today, there is a lost reality that the primary usage of crude oil is NOT for the...

Software Supply Chain Security in the Digital Oil Field

A surge of cyber-attacks over the last few years has moved hackers from virtual back alley deals to main street shops. The organized crime of digitally exploiting businesses for profit, especially from ransomware, is now big business and here to stay. Recent reports place cybersecurity failures among the top mid-term...

Young Professionals in the Oil and Gas Industry: Interview with Alok Kulkarni

Alan Alexeyev: Tell us a little bit about your current (or latest) position and what you do, as well as how you found a job. Alok Kulkarni: I am an integration project manager based in Houston, Texas. I work for Schlumberger, leading operations on deepwater well construction projects in the...

Interview: Brad Munn, Land Product Manager, Enertia Software

As part of Enertia Software’s Innovation Team, Brad Munn has been with Enertia for 10 years, and has extensive industry expertise specifically with land applications and development. Munn specializes in oil and gas upstream software, data conversion, division orders, lease administration and mapping. Eric Eissler: What legacy systems does your...

Layering to Avoid the Cold Realities of Asset Performance Silos

Operators may use a variety of tools and techniques – hardware solutions, software packages, sensor technologies – to monitor for and manage different aspects related to the performance of their plant. But are they compromising their pursuit of net zero goals or asset performance if they’re not integrating that effort...