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Shale Investors Take New Direction

Not long ago, word of ever-increasing initial production rates from new wells drilled by operators in U.S. shale plays was music to investors’ ears. The higher the flow rate of crude, the faster the rate of return on their investment. But that standard of success began to lose much of its appeal in the latter…

Why Solar and Wind Are Not the Future

Wind and solar are hailed as the future of our world. Are they? Wind farms were a familiar sight for me as they were an integral part of the landscape near my hometown in southern India. The general assumption was that these windmills would generate a significant amount of electricity to aid the energy sector…

Pipeline will connect Haynesville shale to expanding markets

Haynesville Global Access Pipeline (HGAP)—a subsidiary of Houston-based Tellurian Inc.—has announced open season for prospective shippers on a 200-mile, 42-inch natural gas pipeline connecting the Haynesville and Bossier shale regions to southwest Louisiana. Construction on the proposed $1.4 billion project is expected to begin in 2022. The pipeline should be in service by mid-2023, according…

ONEOK announces three new projects totaling $2.3 billion

ONEOK Inc. will invest $2.3 billion by 2020 in three projects in Oklahoma, Texas and North Dakota to provide additional natural gas and natural gas liquids (NGL) infrastructure. “With more than $4 billion of announced capital-growth projects since June 2017, we continue to build off of our significant asset footprint,” said Terry Spencer, ONEOK president…

MWD tool developer releases subsurface internet link for shale

The addition of an electromagnetic downlink to an existing measurement while drilling tool created by Texas-based Evolution Engineering will enhance communication downhole and minimize further non-productive time. EvoOne was initially built to provide a single, reliable MWD tool suitable for every drilling situation. Designing the tooling in-house has helped the company reduce flaws. The company’s…

Conflicting Syria Alliances Spark Mideast Tinderbox

Although not officially engaged in Syria’s civil war, America is caught up in a dizzying crossfire of conflicting allied and enemy agendas directly impacting our interests. Syria’s oppressive Bashar al-Assad regime is supported by Iran, North Korea and Russia, while Russia has also fought against our common Islamic State enemy. Iran’s Russia-backed Lebanese Hezbollah proxy…