The Archives

Greenhouse Gas Rebound

Much like in-person gatherings, greenhouse gases rebounded in a big way last year. According to a new report, as COVID restrictions eased in 2021, U.S. greenhouse gas emissions jumped 6.2%. That represents a sharp U-turn from the days of 2020 when emissions plunged 10% for their largest yearly drop on record. While analysts were anticipating a bounce-back in emissions in 2021, the data provides a stark reminder that the U.S. is falling behind its climate targets.

Staying Course

During their first session of 2022, the ministers of OPEC+ countries decided not to stray from their plan for a smooth increase in oil production despite the Omicron variant and forecasts of a surplus on oil markets. Under the plan, participants in the deal will increase their oil production in February by 400,000 BPD to top out at 40.89 million BPD. While the White House praised the group for their decision, many members of the group have been struggling to add as much production as their quotas call for.

DJ/Niobrara News Pulse November 2021

The DJ/Niobrara Basin | November 2021 Field Overview Located mainly in the Northeast of Colorado, the Denver-Julesburg Basin consists of five main oil-producing formations: Niobrara sections A-C, Codell, and Greenhorn. These five plays produce over 90% of Colorado's...

California News Pulse November 2021

California | November 2021 Field Overview California, with both onshore and offshore oil production, has been supplying the U.S. with petroleum products since the 19th century. Operations are primarily focused around Kern County, the LA Basin, and the San Joaquin...

Bakken News Pulse November 2021

The Bakken Shale | November 2021 Field Overview Named after Henry Bakken, the farmer who owned the land where oil was originally discovered, the Bakken Shale is located in North Dakota, Montana, Manitoba, and Saskatchewan. The USGS estimated in 2013 that this basin...

Permian Basin News Pulse November 2021

The Permian Basin | November 2021 Field Overview Located in West Texas, the Permian Basin has been producing oil for over 100 years. It leads the US in oil production and estimates put 43 billion bbl of oil still in the Permian; 80% of those reserves are believed to...

Eagle Ford News Pulse November 2021

Eagle Ford Basin | November 2021 Field Overview A heavy shale play, the Eagle Ford basin is located east of the Permian, stretching from Dallas to San Antonio. Primarily a gas field with smaller oil plays, it boasts proven reserves of 3.37 billion bbl of oil and 2.5...

SCOOP/STACK News Pulse November 2021

The SCOOP/STACK Basin | November 2021 Field Overview Ranking 6th in oil production and 3rd in natural gas production, the SCOOP/STACK play is one of the largest fields within the continental United States. It is primarily a shale play, with the Anadarko and Ardmore...

Marcellus Shale News Pulse November 2021

The Marcellus Shale | November 2021 Field Overview The Marcellus Shale is the largest gas play onshore in the US. Located in the Northeast, it supplies the high-demand markets along the East Coast. Most of the basin’s gas is produced through unconventional methods,...

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