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Energy Tomorrow Blog

Energy, Exports and Production

energy exports  oil and natural gas development  economic growth  ozone  regulation  pipelines  innovation  technology 

Mark Green

Mark Green
Posted April 14, 2015

The National Interest (James Jay Carafano): Increasing American production and export of energy is a win-win-win proposition. It would enhance our national security, make international energy markets more free, and address environmental issues realistically. The next president should lead the campaign for an American energy export agenda. In the meantime, the present Congress can do much to prepare for the march.

The acme of presidential leadership is crafting policies that make the nation safe, free, and prosperous. Satisfying all three priorities is often the Oval Office's greatest challenge. It is like single-handedly trying to get squabbling triplets into their car seats. Yet, the confluence of geopolitics, America's energy abundance, and economic and environmental realities offers an almost unprecedented opportunity to do this successfully.

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Technology is Driving Industry Innovation

innovation  technology  jobs  fracking  new york  maryland  pipelines  gulf 

Mary Leshper

Mary Schaper
Posted March 31, 2015

TribLive (Blog): I was taken with the mud the moment they told me it could talk. I had some built-up interest, sure. But its communicative abilities really were the clincher for me. This is the story of how I explored a drilling rig, discovered drilling mud, and got pretty into it.

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Innovation Fuels America’s Energy Renaissance

american energy  innovation  technology  fracking  methane  keystone xl pipeline  anwr  arctic 

Mary Leshper

Mary Schaper
Posted February 19, 2015

TribLive: Mud makes it all possible. “Every component on that rig has something to do with that mud,” said Andrew Zeni, rig supervisor for Consol Energy Inc. “You couldn't drill a Marcellus or Utica well without mud.” This rather unsophisticated-looking brown sludge is a multipurpose tool carefully concocted, mixed and managed to clear a path for gas to surface from 7,500 feet below.

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Technology, Innovation Fuel America’s Energy Surge

technology  innovation  fracking  methane  emissions  jobs 

Mary Leshper

Mary Schaper
Posted December 9, 2014

The Hill: Methane leaks from natural gas drilling and production have fallen from the last estimate more than a year ago, according to a study sponsored by the industry and an environmental group.

 

Leaks of methane, the main component of natural gas, now represent 0.38 percent of production volumes, according to the study released Tuesday.

That is 10 percent lower than what the same University of Texas research team found in September 2013. Methane is a greenhouse has about 20 times more potent than carbon dioxide.

“Study after study shows that industry-led efforts to reduce emissions through investments in new technologies and equipment are paying off,” Howard Feldman, director of regulatory and scientific affairs at the American Petroleum Institute, said in a statement.

 

“This latest study shows that methane emissions are a fraction of estimates from just a few years ago,” he said.

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Energy and the Intersection of Policy, Innovation and Business

american energy  energy policy  oil and natural gas development  congress  innovation  technology 

Mark Green

Mark Green
Posted November 12, 2014

See video below of Thursday's event, hosted by The Hill newspaper, that featured discussion of the energy policy issues that are likely to be front and center in the new Congress, which will have a new Senate majority.

Discussion focused on what’s next in the energy sector – from industry in terms of innovation and other advancements that affect energy development, and from Washington policymakers on Capitol Hill and within the administration.

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Constant Innovation, Constant Improvement

api standards program  oil and natural gas development  technology innovation  offshore platforms  infrastructure 

Mark Green

Mark Green
Posted November 12, 2014

Newly published API recommended practices for offshore structures supporting oil and natural gas drilling and production operations – reflecting technological advances and updated design applications – can help improve planning, construction and maintenance of important energy infrastructure. They are intended to work together to enhance the approach to offshore structural design.

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Thanks Fracking: Soaring U.S. Energy is Stabilizing the Global Market

hydraulic fracturing  fracking  shale benefits  economic growth  manufacturing  technology 

Mary Leshper

Mary Schaper
Posted September 16, 2014

Steve LeVine (Quartz): Oil prices continue to plunge today despite the beheading of another western hostage by the Islamic State, tensions between Russia and the West, and mayhem in Libya. As Quartz has reported, one of the main reasons is surging US oil production, which has made up for supply disruption almost barrel for barrel—and is also a bad sign for the leaders of petrostates.

Now we have an estimate of where oil prices might have been absent the American oil boom—a sobering $150 a barrel, former BP CEO Tony Hayward told the Financial Times (paywall).

That’s 55% higher than the current benchmark price of $96.27 that was trading in Asia this morning. If Hayward’s number is right, it means that the US boom is saving the global economy about $4.9 billion a day in oil spending.

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Technology and Innovation Driving America’s Energy Boom

american energy  Energy Security  jobs  technology  innovation  emissions  fracking 

Mary Leshper

Mary Schaper
Posted August 18, 2014

Albuquerque Journal (Former Sen. Pete Domenici): America has been handed a great gift, the gift of technological breakthroughs like horizontal drilling and hydraulic fracturing for oils and natural gas.

This gift, if we handle it properly, has the potential not only to free our nation from being hostage to other nations, but to allow Europe and other regions to free themselves from the tyranny of dependence on Russian sources of oil and gas.

Think how much differently our allies in Europe would behave in this time of crisis if they had the infrastructure, and the access, to handle natural gas and oil from America, Canada and Mexico.

New Mexico has played an important, I would say critical, role in this potential geopolitical and economic revolution.

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Energy Choices, Thanks to Our Energy Revolution

american energy  lng exports  Economy  Energy Security  jobs  fracking  technology  ethanol 

Mary Leshper

Mary Schaper
Posted August 5, 2014

Wall Street Journal (Thomas Tunstall): The unexpected increase in the production of shale oil, a light oil called condensate and natural gas in the U.S. has upended many assumptions about the U.S. energy market. As the oil and gas bonanza continues, the U.S. ban on crude-oil exports looks increasingly outdated, arbitrary and economically damaging. With Europe poised to endanger its gas supply by imposing more sanctions on its major supplier Russia, the possibility of energy exports from America takes on an important security dimension too.

Thanks to fracking and other unconventional shale-extraction technology, natural gas is the biggest energy story in the U.S. now. In the early 2000s, natural-gas pipeline companies—such as Cheniere and Freeport LNG—spent billions on import facilities as U.S. production decreased, to less than 19 trillion cubic feet in 2005 from roughly 22 trillion cubic feet in 1970.

Since 2006, however, natural-gas production in the U.S. has soared. The U.S. now produces more than 25 trillion cubic feet of natural gas a year, the most in the country's more than 100-year history of gas exploration and production. As a result, billions of dollars are now being invested to convert many of the facilities designed to receive imported gas into export facilities.

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A Commitment to Offshore Safety

oil and natural gas development  offshore safety operations  oil spill prevention  oil spill response  spill cleanup technology 

Mark Green

Mark Green
Posted July 21, 2014

The recent International Oil Spill Conference (IOSC) in Savannah, Ga., underscored the oil and natural gas industry’s continuing commitment to safe energy development – using new technologies and deployed expertise to quickly and appropriately respond in the event of an accidental spill.

Below, check out a new video featuring conference attendees, talking about IOSC’s valuable role in bringing together experts, service providers and government officials in the broad effort to keep improving the safety of offshore oil and natural gas development.

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