Oil and Natural Gas
US crude oil production expected to increase into 2018, EIA report says
U.S. crude oil production will average 9.4 million barrels per day (b/d) in the second half of 2017, up by more than 340,000 b/d compared to the first half of the year, according to a recent Short-Term Energy Outlook (STEO) report from the U.S. Energy Information Administration (EIA). Production... Read More »PESA Supply Chain Committee discusses digitalization in oil, gas industry
The Petroleum Equipment and Services Association (PESA) Supply Chain Committee recently met at Sigma Fasteners for a roundtable discussion on digitalization in the oil and gas sector. Led by committee member Chris Welsh, CEO of OFS Portal, the roundtable participants discussed what a digital com... Read More »House subcommittee hears draft legislative overhaul of oil and gas permitting on federal lands
The House’s Subcommittee on Energy and Mineral Resources held a discussion this week regarding legislation known as the ONSHORE Act, which would allow states with their own regulatory programs greater power in permitting on federal lands. The bill is meant to give them more capabilities for oil... Read More »Dan Naatz