WoodMackenzie has recently come out with its 2013 ranking of the world’s twenty largest oil companies, and their change in production over the last ten years: (BOE is barrels of oil equivalent.) As you can see, most are state-owned companies. Russia re-acquired its privately-owned companies. Saudi Arabia has increased its…
Last week I attended the State Bar Annual Advanced Oil, Gas and Energy Law Conference in Houston. This year is the 75th anniversary of the Oil, Gas and Energy Section of the Texas Bar (older than the State Bar itself), and there was a special dinner to honor the occasion,…
Range Resources Range Resources’ battle with the Lipskys and Alisa Rich continues, now in a confusing appeal of the trial court’s order denying the Lipskys’ and Rich’s motion to throw out Range’s counterclaim under the Texas law prohibiting so-called Strategic Lawsuits Against Public Participation, or SLAPPs. http://www.star-telegram.com/2013/04/02/4745433/appeals-judges-return-range-suit.html Earthquakes and Disposal…
News items of interest: The University of Pennsylvania’s Center of Excllence in Environmental Toxicology has organized a group of researchers from UPa, Columbia, Johns Hopkins and the University of North Carolina to study whether the drilling in the Marcellus Shale play is hazardous to human health. http://green.blogs.nytimes.com/2013/01/21/taking-a-harder-look-at-fracking-and-health/ Here is a…
The University of Texas withdrew a study published earlier this year by UT Austin’s Energy Institute, “Fact-Based Regulation for Environmental Protection in Shale Gas Development,” after review by an independent commission appointed by the University. That review was prompted by a report of the Public Accountability Initiative, a non-profit watchdog…
Recent news of interest: Keystone Pipeline in East Texas – Fuelfix has published a series of articles on construction of the Keystone Pipeline in East Texas, providing some great photos, including this one: Not a small operation. And this one, of protesters who camped in trees, causing the company to re-route…
Three interesting stories: Guar, a bean grown mostly in India, has become a hot commodity because of its use as an additive in frac fluid. See this CNBC Report. Indian farmers are getting rich, American farmers are looking into growing the bean, and Halliburton’s income is down “due to increased…
Reuters published a new story on Chesapeake recently, continuing its series critical of the company and its CEO Aubrey McClendon. In this article Reuters reports on its research of Rule 37 cases filed by Chesapeake. Incredibly, Reuters researchers identified all Chesapeake Rule 37 requests back to January 2005 – all…
A new industry has sprung up in the metropolis of Carrizo Springs, Texas, in the heart of the Eagle Ford Shale Play: lodging for oil field workers — and lodging in style. In an attempt to keep workers in the field, companies are putting up their workers in plush hotel-like…
The fall of Aubrey McClendon, CEO of Chesapeake Energy, has been meteoric. He was forced to step down as Chairman of its board, and yesterday he was replaced as board chair by Archie Dunham, the 73-year-old former CEO of Conoco. Aubrey’s fall from grace started only a few months ago with…