Markham on Energy

EOG Resources in a class of its own – energy economist

EOG says Permian Basin assets are responding well to productivity improvements like longer horizontal well laterals Not many American oil producers are competitive at low prices, but EOG Resources has the technical knowhow and execution to pull it off, says energy economist Ed Hirs. EOG announced in its last operational update that “premium inventory” (defined as direct […]

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Christy Clark gets it right with climate policy revisions, raises ire of eco-activists

Tzeporah Berman: “Being asked as member BC’s Climate Leadership Team what I think of this plan: Pathetic and cowardly. U can quote me” British Columbia’s newly revised climate plan is being panned by environmental groups. That might be the most obvious sign the revisions are actually on the right track. Before I address criticisms from eco-activists,

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NY AG’s Exxon climate change investigation all about politics, just like Peabody Energy probe

NY Attorney General Eric Schneiderman’s Exxon climate change fraud investigation just became ridiculous, as revealed in his interview in today’s NY Times. You can read North American Energy News stories on the background here and here and my columns here and here. Way down in John Schwartz’s story, Schneiderman admits the Exxon investigation will “mirror” (using Schwart’s word) a similar investigation into

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Doug Lacombe: There is a better way for oil/gas and pipeline companies to communicate

Energy industry has to woo “soft political middle” so Trudeau Liberals have enough “legitimacy” to approve pipelines I got myself in hot water with a couple of columns lately. One argued that oil and gas boosters do more harm than good in public debates. Another, based on an interview with Prof. Lianne Lefsrud, described the

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Science finally proves just how badly energy CEOs (and boosters) suck at politics, communications

Emotional connection is the new norm, energy industry’s old facts and science approach no longer connects with stakeholders If the Dilbert comic strip taught us anything, it’s that engineers are socially awkward and terrible communicators. Now science has confirmed what Scott Adams has always known. And the new evidence has important implications for energy developments. In

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State of the oil patch: It ain’t pretty in the Barnett Shale, but future looks better

Peak tight gas production in Barnett Shale is 5 Bcf/d, down to 4.5 Bcf under current conditions Global shale natural gas production will rise by 400 per cent over the next 25 years, but that’s little consolation for Barnett Shale producers, who are just doing their best to weather the price rout that began in

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Carbon XPrize: Oilfield-based technology could revolutionize carbon capture

CleanCarbon Energy uses bacteria to fix CO2 in depleted oil reservoirs, turns it into cheap syngas The Carbon XPrize is on! Thirty-eight teams from seven countries are vying for the $20 million prize, awarded for the most innovative breakthrough technology that converts CO2 into commercial products. Calgary’s CleanCarbon Energy thinks it has a good chance of

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Justin Trudeau and the realpolitik of Kinder Morgan’s pipeline in British Columbia

Trudeau government was always going to approve the Kinder Morgan pipeline project Kai Nagata of BC’s Dogwood Initiative is dismayed by the ” slapdash” three-person panel reviewing the Kinder Morgan pipeline panel, and even hints that Prime Minister Justin Trudeau fibbed when he promised during last year’s election to “redo” the project’s federal review. Welcome to

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An open letter to Canadian oil sands boosters: Stop whining and snivelling about environmentalists

Dear Oil Sands Boosters; You know who you are: Ezra Levant, Cody Battershill, Gwyn Morgan, Brett Wilson, Vivian Krause, Patrick Moore, Claudia Cattaneo, and the legion of Albertans who agree with you. I regularly read your blog posts and columns and social media rants. There are a lot of you and you need to listen up.

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Why social license (or legitimacy) is critical to pipelines, the Canadian oil sands

Eco-activists, BC First Nations eroded NEB and industry legitimacy, which must now be restored before new pipelines are built Why is the idea of social license so important to the oil sands industry? Because the Harper government and industry stood on the sidelines for the past decade while eco-activists and BC First Nations destroyed the legitimacy

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