Earlier in the year, before initial declines in service costs, Anadarko had estimated it would take $3 billion in capital expenditures to keep production levels flat. Now, Walker said, it would take about $2.7 billion, and there is still room for improvement.
In my post last week, I promised that I would shortly show my first attempt at demonstrating just how useful Google Glass can be when it is used in the oilfield. Well, it’s been many hours of research and debugging, but the first demonstration is ready! In this YouTube video, I show you how Google […]
Some areas of the world are getting desperate to find new sources of energy. In recent days I’ve read about such wacky ideas, from creating fuel from old plastic bags to converting beer waste into electricity. All the while, there are global energy sources going unharnessed, leading to cows literally blowing the doors off barns. There is one source, however, […]
Oil industry consultant David Blackmon says the new Ceres report on Texas water use focuses on the oil and gas industry for ideological reasons. Anyone interested in really addressing this state’s looming water issues in any real way should focus their attention elsewhere, he says.
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