MADISON – U.S. Sen. Ron Johnson wants answers about what many see as a $200 million, taxpayer-funded scam designed to fatten big labor’s wallet. In a letter this week to the Centers for Medicare and Medicaid Services (CMS), the Oshkosh Republican is demanding information about the practice of government employee unions “skimming” federal dollars from…
Paul Driessen
The double standards industry
Concerns over impacts from energy projects disappear where “green” energy is involvedIt’s a good thing environmentalists have double standards – or they wouldn’t have any standards at all. Empire State legislators worry that anything above the current 0.0001% methane in Earth’s atmosphere will cause catastrophic climate change, and that pipelines will disturb wildlife habitats. So…
General
EIA: Shale’s share of U.S. production will increase through 2050
The Energy Information Administration (EIA) said recent growth in U.S. crude production has come primarily from tight, light sweet oil from shale formations. It’s accounted for almost 90 percent of the 3.1 million barrel per day (bpd) growth from 2010 to 2017. In addition, shale oil represents 56 percent of total domestic crude production in…
Patrick C. Miller
Weatherford making strides in comeback from downturn
Improvements in revenue growth related to production increases and well construction throughout parts of the U.S. and Latin America are assisting Weatherford International’s efforts to recover from the effects of the oil price downturn. Reporting on the first quarter of 2018, Weatherford CEO Mark McCollum said the company is seeing positive results from reduced core…
Luke Geiver
The Next Level of Fracture Optimization
A new breed of data-centric, geomechanically-focused companies is helping completion engineers improve fracture treatments and overall production.Ahmed Quenes and Peter O’Conor believe their shale management solution is the future of the unconventional oil and gas industry. Their Texas-based company, FracGeo, is part of a small cluster of companies created in the past five years to…
Patrick C. Miller
ConocoPhillips: Alaska winter exploration program looks promising
Houston-based ConocoPhillips said the results of its 2018 winter exploration and appraisal program on Alaska’s western North Slope were “promising.” The company had planned to drill five wells in its North Slope Willow Discovery, but because of improved drilling efficiencies, six wells were drilled. “All six wells plus a sidetrack encountered oil and verified the…