Items Tagged with 'industry'

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$126B in Colorado Oil, Gas Economic Benefits Outlined in Study

Economic benefits from Colorado's upstream and midstream oil and natural gas industry totaled $126 billion between 2008 and 2012, according to a study highlighted Thursday by the University of Colorado's Leeds School of Business. Read More

Robust Upstream Drives Texas Industry Employment to New Record

Strong drilling, production and permitting activity drove the Texas Petro Index (TPI) to another record in September, with oil and gas industry employment hitting its highest level since the index was founded in 1995. Read More

Methane Mitigation Businesses Boosting U.S. Jobs Prospects

Surging U.S. natural gas supplies not only are increasing employment in the energy patch, but the boom has opened the door to prospects in the methane mitigation business, according to the Environmental Defense Fund (EDF). Read More

Speakers Warn of Misinformation About Fracking, Effects on Industry

The Marcellus Shale Coalition’s (MSC) annual conference in Pittsburgh was underscored with warnings and apprehension about a battle for public opinion between the oil and natural gas industry and those opposed to it. Read More

North Dakota: Good-Bad News Story on Flaring, Production

The latest monthly statistics for North Dakota oil and natural gas production released Friday present a good news-bad news conundrum for state and industry officials. Read More

Industrial Internet Driving Force Behind GE’s Oil, Gas Business

Natural gas pipeline operators may be able to better understand the condition of their critical assets through a technology that integrates networked software with complex physical machinery, today more commonly known as the industrial internet. Read More

Booming NatGas Picture Not Without Risk, Industry Analyst Says

The shale boom does not come without risks, but it is presenting some major potential economic benefits for the United States if the industry and the nation can negotiate the "riskier parts of commercial commodity management," according to ConocoPhillips Marketing Analysis Director Jim Duncan, who spoke at the LDC MidContinent Gas Forum in Chicago Monday. Read More

Permian Spreading Big Money, Low Unemployment Across Region

The empty, windswept plains of West Texas and southeastern New Mexico, where tumbleweeds the size of SUVs roll down the highways and blinding dust storms stretch for miles, belie the growing prosperity of rural, mile-wide communities, with some fast food workers making $20/hour and motel rooms going for $400 a night. Read More

Educate, Engage to Ensure Stakeholder Support, Energy Execs Tell COGA Audience

North American oil and gas operators should be on a mission to educate and engage society about what they do because if they fail to do so, there are dangers of more stringent regulations and/or a groundswell of opposition, two industry leaders said Tuesday in Denver. Read More

Colorado Governor Makes Deal to End Local Control Ballot Measures

On the day of the deadline for statewide measures to qualify for the ballot, Colorado Gov. John Hickenlooper on Monday announced a deal for the withdrawal of two measures on local control issues related to oil and natural gas development. Read More