Energize Weekly, August 12, 2015 Pipeline operators say they may have gone overboard with projects in the Permian Basin as output continues to wane in the face of low oil prices. Companies which ordered new pipelines to be built since 2014 to reduce bottlenecks in one of the country’s biggest oil-producing regions are now facing lower-than-expected pipeline volumes, which could
Energize Weekly, July 8, 2015 Canadian capital spending will decline for the first time since 2009, sparked in part by the recent downturn in crude oil prices, according to a new government survey on intended spending habits. Planned expenditures by governments on non-residential construction, machinery, and equipment are expected to drop 4.9 percent from 2014 to C$251.8, according to the
Energize Weekly, June 24, 2015 A rising number of earthquakes in America’s heartland can be traced to rates of injected wastewater, according to new research produced by scientists at the University of Colorado, Stanford, and the U.S. Geological Survey (USGS). A pair of studies published in the Science Advances journal last week found that not only are fluid injection wells,
Energize Weekly, June 17, 2015 U.S. oil production rose to 11.5 million barrels a day in 2014, putting America ahead of Russia as the world’s biggest oil and natural-gas producer for the first time, according to information produced by BP. According to BP’s Statistical Review of World Energy, U.S. oil production rose by 1.6 million barrels a day last year,
The U.S. Geological Survey has been no less blunt, saying that it is “very clear” that wastewater injection can cause faults to move. The research also comes a few days after the journal Nature Communications The findings have prompted media outlets to reveal the sometimes awkward relationship between the academic community and the oil and gas industry, a reliable source
By Michael Drost A new study encompassing five U.S. states suggests carcinogenic air pollutants released via unconventional oil and gas production may be well over federal safety standards.