As oil boom continues, there’s no end in sight for job growth

1:57 pm | August 27th, 2014

Article from DallasNews Texas has surpassed 300,000 jobs in the oil and natural gas sector as the oil boom drives job growth for a fourth straight year. According to the data released this week by the U.S. Bureau of Labor Statistics, the state gained more than 20,000 oil and gas jobs since July 2013, its… Read More →

How innovation in oil and gas production is giving the U.S. a competitive edge

2:30 pm | June 24th, 2014

Article from BY ROBERT BRYCE  June 19, 2014 at 1:22 PM EDT Innovations in the oil and gas industry are making production faster and cheaper and resources more plentiful. Photo of a Polycrystalline diamond compact drill bit in Canadian County, Okla., by Robert Bryce. Editor’s Note: Doomsayers have long said the end is near – peak oil, food… Read More →

Growth in U.S. hydrocarbon production from shale resources driven by drilling efficiency

8:37 am | April 2nd, 2014

Article from Source: U.S. Energy Information Administration, March 2014 Drilling Productivity Report The productivity of oil and natural gas wells is steadily increasing in many basins across the United States because of the increasing precision and efficiency of horizontal drilling and hydraulic fracturing in oil and natural gas extraction. Many resource-producing basins are experiencing an increasing… Read More →

Tracking the Drilling Rig Feeding Frenzy

8:25 am | March 18th, 2014

Article from DrillingInfo. Two trends have come together to produce a frenzy of drilling rig activity across the country. First, modern tight oil and gas development continually requires a large number of new wells to maintain and increase total production volumes. Separately, rig cycle times have been on the decrease, so that the number of… Read More →