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US Energy Media

January-February 2022

Forecasters Predict Increased Demand and Supplies of Oil in 2022

Forecasters Predict Increased Demand and Supplies of Oil in 2022

As 2021 came to a close, energy companies and organizations began looking at 2022 and started making plans based on supply and demand expectations. Three organizations that provide market information are the Paris-based International Energy Agency (IEA), which represents countries that are net importers of crude oil; the Energy Information...

Dave Payne, then Chevron’s VP of drilling and completions, on a Transocean drillship (2016).

J. David (Dave) Payne: Control Your Own Legacy

Engineers design and build things, and they are driven to make them better. Dave Payne can speak in very complex, technical terms about the engineering side of the oil and gas industry, but there is a recurring theme that runs throughout the conversation about his 41-year career, and that is...

Photo courtesy of Pixabay

Technology Continues to Win in Taylor Energy Spill Recovery

While technology and innovation have paved the way for improvement in the oil and gas industry, they have also responded to mistakes made along the way. A more effective method of rectifying the error has manifested from lessons learned in the loss of life, asset damage and environmental disaster. This...

How Oil and Gas Companies Can Recruit, Train and Retain Top Talent

How Oil and Gas Companies Can Recruit, Train and Retain Top Talent

As millennials and Gen Z professionals begin climbing the ranks of corporate leadership, organizations are grappling with how to train and retain talent, while recruiting top performers. This is particularly challenging for the oil and gas industry, which has traditionally boasted a loyal employee base that passes tried and true...

Anders Opedal, President & CEO, Equinor, Norway

23rd World Petroleum Congress

Photos courtesy of www.MarcMorrison.com

Human Factors Ergonomics In Hydrocarbon Facilities

Human Factors Ergonomics In Hydrocarbon Facilities

This article focuses on identifying the minimum requirements for integrating ergonomic principles into the selection of various devices or equipment by identifying the minimum requirements for the facility design with respect to factors such as ease of access and movement and enhancing the operability and maintainability of the equipment in...

Fidel Garza

A Day in the Life of… An Energy Entrepreneur

My career in the energy industry began when my partner and wife, Katherine (“Katie”) Lyssy Garza, and I started working in the Eagle Ford Shale helping ranchers and farmers lease and negotiate their royalty rights to exploration and production (E&P) companies. I am the co-founder and CEO of Lyssy Energy...

Using GNSS reduces labor costs since data is collected during pipeline construction and only requires only one day. Photo courtesy of Suburban Consulting Engineers.

How GNSS Speeds Up Pipeline Mapping

Every year, when thousands of new gas pipelines are installed, field engineers must record data on the pipeline components, including the pipe segments, connections, asset type, pressure tolerance and personnel. Details down to individual welds are captured and entered into a GIS database to support utility operations and asset management....

Digital Transformation and the Importance of Change Management

Digital Transformation and the Importance of Change Management

As we begin the new year, we must reflect on the old. In August of 2020, the oil and gas industry hit the bottom of the barrel regarding production and rig counts. Over a year later, U.S. oil and gas rig counts rose from six to 635, spurring a rise...

Integrated Solutions Make Brownfield Intervention Operations More Cost-Effective

Integrated Solutions Make Brownfield Intervention Operations More Cost-Effective

With the gradual recovery of oil prices and the market’s highly volatile nature following the 2015 downturn, oil and gas exploration companies are increasingly focused on improving efficiency and maximizing return on investment (ROI) to shareholders, instead of investing in new projects. Drilling costs for new projects are estimated to...

Photo courtesty of Pixabay

Revolutionizing Remote Data Analyzation

In the world of instantaneous response where we reside, industry is forced to adopt the same mindset. Lag time is viewed as expensive and, as the cost of business increases, efficiency is considered a highly valuable commodity. The oil and gas industry is no different in its quest to streamline...

Oilman Magazine

Letter from the Publisher (January-February 2022)

As we start the new year in our resilient oil and gas industry, it’s a good idea to reflect on the past year. We’ve encountered supply chain and economic challenges with COVID-19 lockdowns and government vaccine mandates. The Biden administration paused new drilling leases on public land and water, halted...

Accelerated Oil-Related Mergers and Acquisitions and Characteristics of an Attractive Oilfield Services Business

Accelerated Oil-Related Mergers and Acquisitions and Characteristics of an Attractive Oilfield Services Business

After experiencing a historic drop in demand during the early days of the COVID-19 pandemic, the U.S. oil market has rebounded strongly due to a worldwide recovery in demand that has outpaced initial expectations. West Texas Intermediate (WTI) and Brent crude oil prices reached $80+/bbl in late Q3 2021 for...

Mark Hill

Interview: Mark Hill, CEO, W Energy Software

Emmanuel Sullivan: Congratulations, I understand you are now CEO at W Energy Software. Will you be taking the company in any new directions? Mark Hill: First, I want to share my gratitude for Pete Waldroop who founded W Energy Software and built such an amazing company. Thanks to Pete’s clear...

Innovative Sensor Technology from Korea

Innovative Sensor Technology from Korea

Safety is the most critical aspect of any business, no matter what industry you are in. In any workplace setting, employees should feel safe from hazards, harmful gases and explosion risks when they start their day. Although businesses and companies have an obligation to protect their workers from getting injured,...

Mark Stansberry

Strategic Optimization 1440

Strategic Optimization 1440 (the number of minutes in a day) is an initiative that I have designed for companies in the process of corporate development. The energy industry is challenged with the global energy transition dialogue. This is the first in a series based upon the theme of “Strategic Optimization...

Figure-1: Illustration of Centralized Data Management System at Asset Level

Data Redundancy and Retrievability in an Oil and Gas Asset

Invaluable Data in an Oil and Gas Asset The oil and gas asset has five phases: exploration, appraisal, development, production and decommissioning. Invaluable data from its five life cycle phases is highly essential throughout the oil and gas asset life cycle. During the initial phases, geology and geophysics data, reservoir...

Figure 1: It’s Complicated

SQS and Technology: Adapt or Perish!

For supplier quality surveillance (SQS), using shared folders and Microsoft (MS) Excel spreadsheets is tried and true (proven in the past to be effective and reliable). However, some information technology (IT) solutions for SQS, like MS SharePoint, are better and truer (more effective and reliable) than using conventional shared folders...

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