by Kevin Olson | Apr 14, 2021 | News Pulse, Periodicals
Abstract Hopes were high as the world entered a new year that 2021 was going to be the year that things went back to “normal,” but the first few months made those hopes seem like a far fetched idea. Improved economic activity and global mobility in the first...
by Tavis Kilian | Apr 12, 2021 | Monday Madness Podcasts, Podcasts
In this episode your host Tavis discusses the implications of a carbon tax, rebel skirmishes, and California’s kill shot for the energy industry. Audio Transcript Alrighty ladies and gentlemen, happy Monday! This of course, is an episode of Monday Madness with...
by Kevin Olson | Apr 9, 2021 | News Pulse
RP Weekly Recap | April 5 – 9 Summary The oil and gas industry has been at odds with Joe Biden and his Administration since his first policies hampered their development goals. Things got bad this past week when it was revealed Biden’s $2 trillion infrastructure...
by Kevin Olson | Apr 9, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis uncover the folly of corn-based ethanol gasoline. Historically, scientists viewed biofuels as inherently carbon-neutral but new studies performed over the past decade suggest that once all...
by Tavis Kilian | Apr 8, 2021 | Podcasts
This episode explores the historical significance of one of the most beloved energy sources of all time: Whales. Where do whales fit in to the history of energy, and what exactly is their relationship to oil and gas? Watch the Video Below Apple Podcasts Spotify...
by Kevin Olson | Apr 7, 2021 | News Pulse, Periodicals
Abstract With fuel demand returning as individuals emerge from lockdowns to enjoy the fresh spring air and a new national focus on the climate crisis, the folly of corn-based ethanol gasoline must be addressed. Historically, scientists viewed biofuels as inherently...
by Tavis Kilian | Apr 5, 2021 | Monday Madness Podcasts, Podcasts
In this episode of Monday Madness your host Tavis discusses the implications of infrastructure, locational price fixation, and climate change in the courts. Audio Transcript Alrighty everyone welcome back! This is Tavis Kilian with RARE PETRO and this is another...
by Kevin Olson | Apr 2, 2021 | News Pulse
RP Weekly Recap | March 29 – April 2 Summary Following hectic trade movements on Thursday, oil prices settled with gains of more than 3% for the day after OPEC+ signaled with its latest oil production decision that it believes in the global oil demand recovery...
by Kevin Olson | Apr 2, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis conclude the series investigating how oil and gas producing states are attempting to fight Biden’s actions on fossil fuel development in the United States. To finalize this series, we will be...
by Tavis Kilian | Apr 1, 2021 | Podcasts
Energy use is not equivalent to environmental damage! In this episode Tavis talks about the history of London’s notoriously bad air, and how improvements were made using hydrocarbons. Watch the Video Below Apple Podcasts Spotify Soundcloud Audio Transcript: Hey...
by Kevin Olson | Mar 31, 2021 | News Pulse, Periodicals
Abstract Like many of their fossil fuel producing counterparts, the Bakken states of North and South Dakota are fighting new federal regulations from the Biden Administration threatening fossil fuel development. As President Biden attempts to lead the country...
by Tavis Kilian | Mar 29, 2021 | Monday Madness Podcasts, Podcasts
In this episode your host Tavis talks about a new futures contract, Venezuela’s attempt to trade crude for COVID vaccines, and the corporate world’s lack of funding for the environement. Audio Transcript Alrighty everyone welcome back! It’s me Tavis Kilian...
by Kevin Olson | Mar 26, 2021 | News Pulse
RP Weekly Recap | March 22 – 26 Summary On Tuesday, a gargantuan 400-metre cargo ship named the Ever Given ran aground in the Suez Canal, blocking maritime traffic from entering or exiting the crucial shipping highway due to strong winds from a sandstorm that...
by Kevin Olson | Mar 26, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis discuss recent environmental, social, and corporate governance policies that energy companies worldwide have released in recent months and more specifically, their plans to implement carbon...
by Tavis Kilian | Mar 25, 2021 | Podcasts
Welcome to Hydrocarbon History! In this series we explore the past of oil and gas to see what we might learn from the mistakes and successes of others. In this episode we look at how the Dominican Republic developed their electrical grid in contrast to Haiti. If there...
by Kevin Olson | Mar 24, 2021 | News Pulse, Periodicals
Abstract As the world continues to battle climate change, energy companies have begun to release environmental, social, and corporate governance (ESG) policies and implement carbon capture, utilization, and storage (CCUS) techniques in order to lower their...
by Tavis Kilian | Mar 22, 2021 | Monday Madness Podcasts, Podcasts
Join your host Tavis as he talks about the Eagle Ford’s deserved win, an international Venezuela Oil party, and coal’s dethroning. Audio Transcript Alrighty everyone welcome back. It’s me, Tavis Kilian, bringing you another episode of Monday Madness on...
by Gunnar Merrick | Mar 19, 2021 | News Pulse
RP Weekly Recap | March 15 – 19 Summary A report released this week by the International Energy Agency (IEA) stated that oil demand will recover 60% in 2021 but it will take until 2023 for demand to return to pre-COVID levels. This comes as the U.S. Energy...
by Tavis Kilian | Mar 18, 2021 | Industry Leader Spotlight Podcasts, Podcasts
Matt Showalter is the Executive Chairman at Iron-IQ, a cloud-based SCADA and advanced IIoT control company. The Iron-IQ system is a modern cloud-based platform that can be used for automation, asset tracking, security systems, water management, and other industries...
by Tavis Kilian | Mar 17, 2021 | Basin News, Eagleford
Eagle Ford Basin | February 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...
by Tavis Kilian | Mar 17, 2021 | Basin News, California
California | February 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...
by Tavis Kilian | Mar 17, 2021 | Bakken, Basin News
The Bakken Shale| February 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 has...
by Tavis Kilian | Mar 17, 2021 | Basin News, Permian
The Permian Basin | February 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...
by Tavis Kilian | Mar 17, 2021 | Basin News, Powder River
The Powder River Basin| February 2021 Field Overview The Powder River Basin, known for its coal deposits, is located in Southeast Montana and Northeast Wyoming. The basin is named so because it is drained by the Powder River. Major cities in the area include Gillete...
by Tavis Kilian | Mar 17, 2021 | Basin News, Scoop/Stack
The SCOOP/STACK Basin | February 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...
by Tavis Kilian | Mar 17, 2021 | Basin News, Marcellus
The Marcellus Shale| February 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,...
by Tavis Kilian | Mar 17, 2021 | Basin News, DJ/Niobrara
The DJ/Niobrara Basin| February 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...
by Kevin Olson | Mar 17, 2021 | News Pulse, Periodicals
Abstract For hundreds of Wyoming workers and companies involved in oil and gas exploration and development, the ripple effect of pausing new federal leases generates an enormous amount of fear and uncertainty. The lost jobs and revenue caused by Biden’s actions...
by Tavis Kilian | Mar 16, 2021 | Basin Breakdown Podcasts, Podcasts
Join your hosts Tavis and Gunnar to listen to the hottest news, basin by basin, for the month of February. Music: https://www.bensound.com/royalty-free-music
by Tavis Kilian | Mar 15, 2021 | Monday Madness Podcasts, Podcasts
Join your host Tavis for a Monday Madness birthday, new potential legislation, and American piracy. Audio Transcript Alrighty ladies and gentlemen welcome back! Today is Monday March 15th, which makes this of course, an episode of Monday Madness. I know we usually...
by Kevin Olson | Mar 12, 2021 | News Pulse
RP Weekly Recap | March 8 – 12 Summary A report released this past week by the Climate Action Tracker suggests the United States needs to reduce its national emissions by at least 57-63% below 2005 levels by 2030 and provide support to other countries in order...
by Kevin Olson | Mar 12, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis discuss the major winter storm that nearly destroyed the Texas power grid as producers were unable to keep up with surging demand. Since this is not the first time an arctic blast has plunged...
by Tavis Kilian | Mar 11, 2021 | Modern Mobile Oilfield
Alrighty Petroleum People! This is the 11th episode of a series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and host Tavis Kilian. This series is aimed at energy professionals at any level who are...
by Kevin Olson | Mar 10, 2021 | News Pulse, Periodicals
Abstract A major winter weather system characterized by extreme cold spread across much of the central United States, disrupting energy systems and causing serious health and safety issues, particularly in Texas. As the storm blew in, the cold weather increased...
by Tavis Kilian | Mar 8, 2021 | Monday Madness Podcasts, Podcasts
In this episode of Monday Madness your host Tavis discusses OPEC+ commitments, Canada’s facilities upgrades, and Iran’s refusal to claim ownership of attacks or sign a new nuclear deal. Audio Transcript Last week I came to you from Michigan, but this week...
by Kevin Olson | Mar 5, 2021 | News Pulse
RP Weekly Recap | March 1 – 5 Summary Chevron has announced it will work with a unit of oilfield services giant Schlumberger, as well as with Microsoft and private company Clean Energy Systems, to build a bioenergy plant with carbon capture technology that would...
by Kevin Olson | Mar 5, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis discuss another state attempting to fight Joe Biden’s executive order to indefinitely ban lease sales for oil and gas development on all federal lands and offshore waters. With over half...
by Tavis Kilian | Mar 4, 2021 | Industry Leader Spotlight Podcasts, Podcasts
Clark Grue is the Founder and CEO at Rainmaker Global Business Development. Rainmaker generates international opportunities for businesses expanding their market exposure globally by identifying qualified opportunities for rapid growth and expansion. Clark has advised...
by Kevin Olson | Mar 3, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract President Joe Biden’s executive order halting all leasing of Federal land for oil and gas activities indefinitely will be felt nationwide but nowhere else more so than New Mexico. Since energy production is the backbone of New Mexico’s economy,...
by Tavis Kilian | Mar 1, 2021 | Monday Madness Podcasts, Podcasts
In this episode of the periodical podcast your host Tavis talks about tension in the Middle East, the plan to produce, and Russian winters. Audio Transcript Tavis Kilian: Hey there everybody! Recording early from Michigan on Monday March 1st as this is the episode of...
by Kevin Olson | Feb 26, 2021 | News Pulse
RP Weekly Recap | February 22 – 26 Summary On the precipice of another historic meeting between the Organization of the Petroleum Exporting Countries and their allies (OPEC+), leaders will discuss the possibility of increasing oil production levels. Since many...
by Kevin Olson | Feb 26, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis cover President Joe Biden’s executive order to indefinitely ban lease sales for oil and gas development on all federal lands and offshore waters and why Oklahoma’s Governor is going to bat...
by Tavis Kilian | Feb 25, 2021 | Modern Mobile Oilfield, Podcasts
Alrighty Petroleum People! This is the tenth episode of a series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and host Tavis Kilian. This series is aimed at energy professionals at any level who are...
by Kevin Olson | Feb 24, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract Shortly after being sworn into office, President Joe Biden signed an executive order to indefinitely ban lease sales for oil and gas development on all federal lands and offshore waters. Since energy production, namely oil and gas, is the...
by Tavis Kilian | Feb 22, 2021 | Monday Madness Podcasts, Podcasts
In this episode of Monday Madness your host Tavis walks you through some important statistics, Texas mayhem, and Iraq’s hindsight. Audio Transcript Tavis Kilian: Alrighty everyone welcome back! This, of course, is the voice of Tavis Kilian here with RARE PETRO...
by Kevin Olson | Feb 19, 2021 | News Pulse
RP Weekly Recap | February 15 – 19 Summary On Monday, all 254 of Texas’s counties were under a winter storm warning at the same time. As wind turbines froze in place, natural gas pipelines froze shut, refineries shut down, and more than 4 million barrels of...
by Kevin Olson | Feb 19, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis highlight the fact since copper can be considered a barometer of global economic health, it is no surprise a correlation to oil and gas demand exists as a healthy, growing economy requires...
by Tavis Kilian | Feb 18, 2021 | Industry Leader Spotlight Podcasts, Podcasts
Deb Ryan was (at the time of the recording) the Senior Manager, Engineering for Sproule’s Denver office and spearheads their business development initiatives in the U.S. market. Sproule is a leading consulting firm providing deep technical expertise and commercial...
by Kevin Olson | Feb 17, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract In the modern age, copper is so essential across multiple industries that its price is widely seen as a proxy for modern development and economic vitality. Similarly, oil has long been the lifeblood of current economies by generating energy to...
by Tavis Kilian | Feb 17, 2021 | Basin News, California
California | January 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...
by Tavis Kilian | Feb 17, 2021 | Basin News, Scoop/Stack
The SCOOP/STACK Basin | January 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...
by Tavis Kilian | Feb 17, 2021 | Bakken, Basin News
The Bakken Shale| January 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 has...
by Tavis Kilian | Feb 17, 2021 | Basin News, Powder River
The Powder River Basin| January 2021 Field Overview The Powder River Basin, known for its coal deposits, is located in Southeast Montana and Northeast Wyoming. The basin is named so because it is drained by the Powder River. Major cities in the area include Gillete...
by Tavis Kilian | Feb 17, 2021 | Basin News, Permian
The Permian Basin | January 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 be...
by Tavis Kilian | Feb 17, 2021 | Basin News, Eagleford
Eagle Ford Basin | January 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...
by Tavis Kilian | Feb 17, 2021 | Basin News, DJ/Niobrara
The DJ/Niobrara Basin| January 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...
by Tavis Kilian | Feb 17, 2021 | Basin News, Marcellus
The Marcellus Shale| January 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,...
by Tavis Kilian | Feb 16, 2021 | Basin Breakdown Podcasts, Podcasts
Listen to your hosts Gunnar Merrick and Tavis Kilian talk about the biggest energy news for the first month of 2021. Music: https://www.bensound.com/royalty-free-music
by Tavis Kilian | Feb 15, 2021 | Monday Madness Podcasts, Podcasts
In this episode of Monday Madness your host Tavis talks about weekly statistics, potential conflict in the Middle-East, and just how cold it is. Music: https://www.bensound.com/royalty-free-music
by Kevin Olson | Feb 12, 2021 | News Pulse
RP Weekly Recap | February 8 – 12 Summary Everyone needs a win every now and again, especially when they have been battered for so long. That is exactly what happened this week when oil prices posted their longest “winning streak” in two years, gaining ground...
by Kevin Olson | Feb 12, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis complete their journey investigating President Joe Biden’s Energy Policy and his plan for a Clean Energy Revolution. In this final segment we will be discussing how Joe Biden has placed...
by Kevin Olson | Feb 10, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract President Joe Biden is using his presidential powers to make climate change a central issue of the new administration and is taking immediate action to prove his commitment to the environment. After Biden took executive action to tackle...
by Tavis Kilian | Feb 8, 2021 | Monday Madness Podcasts, Podcasts
In this episode, your host Tavis talks about forced labor in China, new federal policies, and New Mexico’s pleas. Music: https://www.bensound.com/royalty-free-music
by Kevin Olson | Feb 5, 2021 | News Pulse
RP Weekly Recap | February 1 – 5 Summary Early last year, the Trump administration’s Department of Energy celebrated a special birthday. “Happy Third Operating Anniversary, Petra Nova!” The release celebrated a Texas based power-plant successfully removing...
by Kevin Olson | Feb 5, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis continue their journey with part two of a three three part series investigating President Joe Biden’s Energy Policy and his plan for a Clean Energy Revolution. This week we investigate how...
by Tavis Kilian | Feb 4, 2021 | Modern Mobile Oilfield, Podcasts
Alrighty Petroleum People! This is the ninth episode of a series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and host Tavis Kilian. This series is aimed at energy professionals at any level who are...
by Kevin Olson | Feb 3, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract Incoming United States President Joe Biden wasted no time putting the climate crisis back on the U.S. government agenda, proving to the world he meant business to become the “climate president”. With new executive orders detailing far-ranging...
by Tavis Kilian | Feb 1, 2021 | Monday Madness Podcasts, Podcasts
In this episode of Monday Madness your host Tavis talks about Nord Stream 2 court threats, history repeating itself, and Occidental’s carbon neutral oil....
by Kevin Olson | Jan 29, 2021 | News Pulse
RP Weekly Recap | January 25 – 29 Summary Most news headlines (including those at RARE PETRO) have focused on Joe Biden and his newly enacted Energy Policies, but nobody likes a broken record so let’s dive into something a little more bizarre, shall we? What do...
by Kevin Olson | Jan 29, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis begin their journey on a three three part series investigating President Joe Biden’s Energy Policy and his plan for a Clean Energy Revolution and what that means for the global energy...
by Tavis Kilian | Jan 28, 2021 | Industry Leader Spotlight Podcasts, Podcasts
Dr. Jennifer Miskimins is the petroleum engineering department head at the Colorado School of Mines. She completed her undergraduate degree for petroleum engineering at Montana Tech before earning her Master’s and PhD from Mines. As a heavily decorated SPE member and...
by Kevin Olson | Jan 27, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract In his first 48 hours in office, the 46th President of the United States, Joseph Biden Jr. cranked out about 30 executive actions, 14 of which target a broad range of former President Trump’s executive mandates, focusing on themes such as...
by Tavis Kilian | Jan 25, 2021 | Monday Madness Podcasts, Podcasts
In this week’s episode of Monday Madness your host Tavis talks about the implications of Biden’s new policies for state revenues, Native Americans, outdoor recreation, and more....
by Kevin Olson | Jan 22, 2021 | News Pulse
RP Weekly Recap | January 18 – 22 Summary It was a big, and historic, week in this country as the 46th President of the United States, Joseph Robinette Biden Jr., was ushered into the White House. It was also a week that rocked the oil and gas industry. On his...
by Kevin Olson | Jan 22, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis highlight the fact that the recent and dramatic decline in the price of oil illustrates the risk every oil and gas producer faces with energy commodity price volatility. Although depressed...
by Tavis Kilian | Jan 21, 2021 | Modern Mobile Oilfield, Podcasts
Alrighty Petroleum People! This is the eighth episode of a series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and host Tavis Kilian. This series is aimed at energy professionals at any level who are...
by Kevin Olson | Jan 20, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract The recent and dramatic decline in the price of oil illustrates the risk every oil and gas producer faces with energy commodity price volatility. Although depressed prices forced operators to shut-in production to save their bottom lines,...
by Tavis Kilian | Jan 19, 2021 | Basin Breakdown Podcasts, Podcasts
In this episode of the Basin Breakdown your hosts Tavis Kilian and Kevin Olson cover the most exciting news across the most popular basins for the month of December....
by Tavis Kilian | Jan 18, 2021 | Monday Madness Podcasts, Podcasts
In this episode your host Tavis talks about Exxon’s potential over-valuation, an update on mergers, and the “Hail Mary Hope” for the Keystone XL Pipeline....
by Kevin Olson | Jan 15, 2021 | News Pulse
RP Weekly Recap | January 11 – 15 Summary Progress towards global decarbonization is quickly becoming one of the hottest topics in 2021 following the momentum experienced in 2020. Dozens of countries, multitudes of cities, and countless companies have announced...
by Kevin Olson | Jan 15, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis expose the fact that E&P companies have driven away investors in the energy sector by not delivering returns amongst a global pursuit for decarbonization. While investor disenchantment...
by Tavis Kilian | Jan 14, 2021 | Industry Leader Spotlight Podcasts, Podcasts
After graduating from the Colorado School of Mines with his bachelor’s degree in petroleum engineering, Matt Halker accumulated 6 years’ experience as a facility engineer in onshore and offshore environments before starting Halker Consulting in 2006. He is a...
by Kevin Olson | Jan 13, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract E&P companies have driven away investors in the energy sector by not delivering returns amongst a global pursuit for decarbonization. While investor disenchantment within the United States oil industry isn’t new, it appears to have worsened...
by Gunnar Merrick | Jan 12, 2021 | Bakken, Basin News
The Bakken Shale| December 2020 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 has...
by Gunnar Merrick | Jan 12, 2021 | Basin News, Eagleford
Eagle Ford Basin | December 2020 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...
by Gunnar Merrick | Jan 12, 2021 | Basin News, Scoop/Stack
The SCOOP/STACK Basin | December 2020 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...
by Gunnar Merrick | Jan 12, 2021 | Basin News, California
California | December 2020 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...
by Gunnar Merrick | Jan 12, 2021 | Basin News, Marcellus
The Marcellus Shale| December 2020 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,...
by Gunnar Merrick | Jan 12, 2021 | Basin News, DJ/Niobrara
The DJ/Niobrara Basin| December 2020 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...
by Gunnar Merrick | Jan 12, 2021 | Basin News, Permian
The Permian Basin | December 2020 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...
by Gunnar Merrick | Jan 12, 2021 | Basin News, Powder River
The Powder River Basin| December 2020 Field Overview The Powder River Basin, known for its coal deposits, is located in Southeast Montana and Northeast Wyoming. The basin is named so because it is drained by the Powder River. Major cities in the area include Gillete...
by Tavis Kilian | Jan 11, 2021 | Monday Madness Podcasts, Podcasts
In this week’s episode of Monday Madness your host Tavis covers vaccine related energy demand, a brand new merger in Oklahoma, and soaring prices associated with plummeting temps abroad....
by Kevin Olson | Jan 8, 2021 | News Pulse
RP Weekly Recap | January 4 – 8 Summary After failing to come to a consensus Monday, Tuesday’s extension of the OPEC+ meeting ended at long last with a solution. The meeting saw members of the OPEC+ group agree to lift oil production by 75,000 barrels per day...
by Kevin Olson | Jan 8, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis revisit our predictions made in early November after natural gas prices soared to a 19-month high. After such impressive upward price movements, the RARE PETRO team predicted prices would...
by Tavis Kilian | Jan 7, 2021 | Modern Mobile Oilfield, Podcasts
Alrighty Petroleum People! This is the seventh episode of a series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and host Tavis Kilian. This series is aimed at energy professionals at any level who are...
by Kevin Olson | Jan 6, 2021 | News Pulse, Periodicals
Subscribe HERE Abstract At the end of October, natural gas prices soared to a 19-month high and after such impressive upward price movements, the RARE PETRO team predicted prices would sustain prices near the $3 per MMBtu range for the final months of 2020 and...
by Kevin Olson | Jan 5, 2021 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis uncover the fact that world crude oil demand in the first quarter of 2020 declined by the largest volume in history – even exceeding declines during the 2009 financial crisis. But, as...
by Tavis Kilian | Jan 4, 2021 | Monday Madness Podcasts, Podcasts
In this episode of the periodical podcast your host Tavis talks about a potentially nefarious seizure of a South Korean vessel, China’s billion dollar investments into Middle Eastern oil for its defense firms, and a short reaction to a pessimistic article from...
by Kevin Olson | Dec 30, 2020 | News Pulse, Periodicals
Subscribe HERE Abstract Data shows world crude oil demand in the first quarter of 2020 declined by the largest volume in history – even exceeding declines during the 2009 financial crisis. As economic recovery resumes, the demand for hydrocarbons will begin to...
by Kevin Olson | Dec 29, 2020 | Periodical Podcasts, Podcasts
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis uncover the events of 2020 that have left the global petroleum industry in disarray. As the story continues to unfold we must ask: when global oil demand eventually returns to pre-pandemic...
