Given the oil and gas industry’s track record of increasing natural gas production to meet new demand, natural gas consumers need not worry that LNG exports will increase their costs. In fact, prices have fallen significantly since LNG exports began ..read more

Amid global uncertainty and ongoing discipline from OPEC-plus, the U.S. Energy Information Administration is adjusting its short-term oil price expectations ..read more

The quest to set and meet environmental, social and governance standards is becoming an increasingly important part of oil and gas companies’ activities. Organizations, along with their employees and wider communities, are committed more than ever to identifying and addressing risks to achieve a culture of safety and operational excellence. By valuing integrity and sustainability in downhole operations, the oil and gas industry can work to build a brighter future for the world around us ..read more

Methane leaks can be expensive. If a spark ignites gas leaking from a compressor and the engine catches fire, the cost to repair or replace equipment easily can reach $1 million or more, even after accounting for insurance ..read more

In December 2023, U.S. liquified natural gas exports reached an all-time monthly high of 8.6 million tons, which was up threefold from three years earlier. To feed that demand, natural gas flows to the “big seven” U.S. LNG export plants climbed to an average of 14.7 billion cubic feet a day, also a record ..read more

, its 180-page environmental, social and governance report, Liberty Energy explores the link between affordable energy and peoples’ quality of life. The impact is particularly poignant in developing countries, where moving from biomass-based fuels such as wood and dung to hydrocarbons can save families from hunger and danger ..read more

Warning that the U.S. Environmental Protection Agency’s methane requirements for oil and natural gas facilities seek to pile unlawful regulatory burdens and tax obligations atop the country’s energy producers, an industry coalition calls on congressional leaders to protect marginal wells ..read more

The post-flowback behavior of horizontal wells completed with multistage fracturing typically includes steep hydrocarbon production declines that often are accompanied by increasing water cuts. In fact, well production in many unconventional basins declines by more than 40% on average during the first six months of production. While reservoir fluid properties and production characteristics play an important role, this behavior is partly the result of both near- and far-field fracture conductivity damage ..read more

A few bubbles rose to the surface in early January, following a couple media reports that the Biden administration might freeze new approvals for liquefied natural gas export terminals until after the 2024 elections ..read more

The Eagle Ford’s depth-related crude oil, wet gas and dry gas windows offer opportunities across all three hydrocarbon phases to help offset commodity price risk. Add in the Austin Chalk just above the Eagle Ford, and it takes portfolio diversity to a whole new level ..read more