Abandoned oil wells cause a concern

        Driving from Bartlesville Oklahoma to Tulsa most of what I saw were oil wells on each side of the road, almost a mile apart sometimes more. Like Oklahoma, Texas is filled with oil wells as well, some parts of the state have more than others. The wells you see around town are not always active, there are quite a few wells actually that are abandoned.  These “inactive” oil wells that are abandoned are a huge concern for citizens nearby as, “fluids can gurgle and…

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The Midstream business today

The year 2014 was when the oil prices took a hit and continued to go downhill till earlier this year. Although, still not as high as where they once were, oil prices are slowly starting to rise and are predicted to be back where they were if not close by 2020. But what happened to everyone working in all the energy sectors; The upstream, midstream and downstream, did they too take a hit? We know that many companies had big layoffs such as ConocoPhillips, Chevron…

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Can we live without Natural gas?

Can you imagine a world without natural gas? Natural gas is used in many things that we surround ourselves in, I can’t imagine living without it, can you? First, how is natural gas created and where is it found? According to scientists, natural gas is a product of decomposed organisms found under layers and layers of mud. “The US is the world’s number one producer of natural gas, but many Americans still don’t know much about his cleaner-burning fossil fuel.” Although the US creates most…

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Mexico de nationalizes its O&G sector

Mexico has opened its doors to foreign companies that will bring in new business like never before. This however was not a “new” policy per say, but the idea to de-nationalize its entire energy sector came up in 2013 and then there was a “follow up” in 2014. Two years later, the country finally decided to go through with it. What does this mean for Mexico? Over the next four years, we will see accelerated growth for a country with massive oil and gas resources,…

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New shale discovery in Midland, Texas

A new shale has been discovered in Texas so big that the Texas Governor said the state has just become about a trillion dollars richer! The discovery named Wolfcamp is located in Midland west Texas in a field of shale rock. Although very large, the oil is classed as unconventional as it will require advanced drilling to extract it such as hydraulic fracturing. The discovery, which was confirmed on Wednesday, “goes to show that, even in areas that have produced billions of barrels of oil,…

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