Author Archive

Debunking Shales: A Brisk Business

Tuesday, June 14th, 2011 Posted in Uncategorized | Comments Off

Questioning the shale plays has become a good sport this summer. Critics say the plays are not economic, that the E&P industry is merely churning through cash flow to hold ... Read more..

Expect 4-Phase Moratorium to 2012, says Hofmeister

Monday, September 20th, 2010 Posted in Uncategorized | Comments Off

The current federally imposed moratorium on deepwater drilling in the Gulf of Mexico is supposed to expire November 30, if not sooner. But look for the moratorium on activity to ... Read more..

Shales Trump All, Despite Low Gas Prices

Tuesday, September 14th, 2010 Posted in Uncategorized | Comments Off

The gap between offshore E&P opportunity and onshore shale plays grows wider by the day. But both need to be as important as the other to fulfilling U.S. demand for ... Read more..

In D.C.: Dangerous and Delusional Thinking

Thursday, July 1st, 2010 Posted in Uncategorized | Comments Off

"In Washington today, we have a lot of dangerous, delusional and wishful thinking going on," API chief economist John Felmy told attendees at the annual meeting of IPAMS (Independent Petroleum ... Read more..

Frac Math in the Bakken

Monday, June 21st, 2010 Posted in Uncategorized | Comments Off

The Bakken is a barn-burner, and if one includes the Lower Lodgepole formation as well, then this area of North Dakota could contain up to 8 billion barrels of oil, ... Read more..

Watch Out For This Gas Supply Game-Changer

Tuesday, April 27th, 2010 Posted in Uncategorized | Comments Off

Is U.S. natural gas production really going up, or is it flat or down, compared to 2008 and 2009 data? That’s been the key question this year for producers, traders, ... Read more..

More on McMoRan and Jim Bob

Wednesday, February 24th, 2010 Posted in Uncategorized | Comments Off

In this blog a few days ago, I wrote about Jim Bob Moffett, major domo of McMoRan Exploration Co., who spoke in Houston on the big Davy Jones find ... Read more..

From NAPE To “JimBob-ology” To The Bakken

Monday, February 22nd, 2010 Posted in Uncategorized | Comments Off

We've been busy lately, but it's been a good kind of busy. We have listened to E&P folks at NAPE and then a few days later, we attended a Houston ... Read more..

Marcellus Congressmen Rally For Drilling

Thursday, January 28th, 2010 Posted in Uncategorized | Comments Off

U.S. Reps. Gene Thompson and Tim Murphy, and State Sen. Gene Yaw welcome the industry. The burgeoning Marcellus shale play in Pennsylvania is a welcome boon to the state’s depressed economy ... Read more..

What ExxonMobil’s Grab For XTO Means

Thursday, January 28th, 2010 Posted in Uncategorized | Comments Off

By now, you've seen a  lot of comment on this deal, ExxonMobil's first corporate acquisition in a  decade, and the first grab of a super-independent since ConocoPhillips acquired Burlington Resources--that ... Read more..

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