ERCOT estimates 77,000 MW of generation for summer peak Texans can look forward to spring and summer heat knowing the state electrical grid will have sufficient electric generation to serve expected peak demand requirements, according to seasonal forecasts released by the Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas. “In a broad […]
Texas power grid in good shape heading into summer Read More »
American Wind Energy Association says Congress still must provide long-term policy certainty American wind energy added significantly more new electricity than any other resource in 2014, according to U.S. Department of Energy data released Wednesday. Wind power generated 4.4 percent of all the electricity in America in 2014 and maintained its position as the fifth largest electricity
American wind energy largest source of new electricity in 2014 Read More »
Bakken crude oil has been described as “closest thing to gasoline from the ground” A freight train loaded with Bakken crude oil derailed on Thursday, bursting into flames and prompting authorities to issue a voluntary evacuation order within 1 mile (1.6 kilometres), authorities said. The train derailed around 1:20 p.m. in a rural area where
Bakken crude oil train derails near Illinois city of Galena, catches fire Read More »
Second LNG liquefaction plant to be built in Odessa, likely in 2016 An LNG liquefaction facility will be built in Odessa, Texas to serve high horsepower customers in the Permian Basin oil and gas industry, according to Stabilis Energy. TheLNG liquefaction plant will be modelled on the recently opened 100,000 gallon per day LNG liquefaction facility in George
LNG liquefaction plant serving high HP O&G applications opens in West Texas Read More »
2015 Ports-to-Plains Economic Summit expecting 200-plus attendees A great deal of oil, capital, and equipment flows through the Alberta-Texas-Mexico ports-to-plains corridor. Which is why the Ports-to-Plains Economic Summit in Lubbock later this month is an important event for the Texas and Alberta oil and gas industries. Michael Reeves is the executive director of the Ports-to-Plains Alliance
Ports-to-Plains Economic Summit promotes energy on USA to Canada trade corridor Read More »
Bipartisan compromise only way to break political logjam on Keystone XL Warren Buffett made the news – again – saying Barack Obama should approve the Keystone XL pipeline. More wasted breath, if history is our guide. Since entreaties, Congressional pressure, and Canadian complaining haven’t convinced the President, is it time for a new approach? The old one isn’t
Here’s how you solve the Great Keystone XL Impasse Read More »
Surge in Texas oil and gas production made possible by hydraulic fracturing $15.7 billion in state and local taxes and royalties was paid by the Texas oil and natural gas industry in 2014, according to the Texas Oil & Gas Association. Todd Staples, president of Association, says the amount is a record for the state and double
$15.7 billion paid by Texas oil and gas to state taxes, royalties Read More »
Midland leads all districts with 385 drilling permits, 682 oil completions The effect of low oil prices is starting to show up in drilling and production statistics, according to figures released by the Texas Railroad Commission. Drilling permits, oil and gas completions declined significantly compared to the previous year, but production increased almost by almost 500,000 barrels
Texas drilling permits lower, oil production up over 2013 Read More »
The Quantum Downhole Systems successfully cleans sand to stage #10 After a conventional wellbore clean out failed to restore acceptable production, Quantum Downhole System used its JetVak process to clean the wellbore of sand and significantly exceed production targets. Background Well location: Kaybob field, Fox Creek, Alta., Canada in the Montney Oil zone. The subject
Multi-stage horizontal well production increased 400% Read More »
Keystone XL has been major irritation between Canada and USA, thanks to Barack Obama American President Barack Obama has been to Canada twice since being elected in 2008. Allan Gotlieb says the president is largely to blame for the current chilly relationship between the two countries. The elder statesman among all former Canadian ambassadors to the United
Barack Obama responsible for cool relationship with Canada? Read More »
