An industrial type revolution that lowers the cost, and improves performance
April 10, 2011
Wind Power Hits a Trough | online.wsj.com
The growth of the auto industry did not happen because of subsidies or Govt. edicts. It happened because Henry Ford developed the technology necessary to lower the costs of production to the point that autos became accessible to the masses.
Bigger Government Coming in Gulf Drilling
February 15, 2011
Oil industry 'should pay $200m per year' | www.upstreamonline.com
Who will have responsibility if despite the heightened proposed oversight there is a spill in the Gulf? Will the Govt. shoulder the burden since they approved, and signed off on it? Given the magnitude of oil spill impact on BP, who would run unnecessary risks?
Billions Needed To Be Invested in Gas Infrastructure At Risk
December 21, 2010
Billions needed to meet long term Natural Gas Infrastructure Supply, Demands | pipelineandgasjournal.com
The Interstate National Gas Association ( INGA) study determined that investments ranging from $130 Billion to $210 Billion in infrastructure were needed through 2030 to allow the successful, and efficient development, and utilization of the vast shale gas reserves in the USA, a key factor in working towards greener energy use, as well as energy independence of foreign supply. But will these investments be made, or if they are, will they be made on time, given current conditions?
GE Investing Strategically in Energy Business
October 10, 2010
GE forms joint venture with Harbin Electric to manufacture wind turbines in China | www.powergenworldwide.com
GE has taken major steps in the consolidation of it's energy portfolio with the Harbin joint venture which will give them access to the largest potential market in the world for Wind Energy, and will also give them a strong manufacturing base from which to sell to the rest of the world, with low manufacturing costs to help make it competitive with other renewable energies.
New Nuclear Construction Likely to be Cut to 36 Months. Can US Capitalize.
September 23, 2010
New nuclear construction could be cut to 36 months | www.powergenworldwide.com
The very long lead times for the construction of Nuclear plants has been one of the draw backs to greater development of new facilities. This greatly increases the uncertainty regarding what business, and economic conditions are likely to be, when the project is completed.
U.S. Rank in O & G Investment Will keep Dropping
August 15, 2010
U.S. Ranks Lower as Home Base for O&G Investment | www.rigzone.com
1. Due to U. S. regulations that do not apply to foreign competitors, such as no commisions/kickbacks.2. Good old boy network in developing countries favoring " local or regional" companies.that can provide favors, perks, and return favors.3. Resentments, and anti american feelings for diverse reasons.4. Lack of unified, and concerted effort to maintain proper image of American companies, and America.5. Higher tax burdens on American companies, coupled with higher salaries
U.S. Rank in O & G Investment Will keep Dropping
August 15, 2010
U.S. Ranks Lower as Home Base for O&G Investment | www.rigzone.com
1. Due to U. S. regulations that do not apply to foreign competitors, such as no commisions/kickbacks.2. Good old boy network in developing countries favoring " local or regional" companies.that can provide favors, perks, and return favors.3. Resentments, and anti american feelings for diverse reasons.4. Lack of unified, and concerted effort to maintain proper image of American companies, and America.5. Higher tax burdens on American companies, coupled with higher salaries
Another Blackbeard/Davey Jones in the Making?
May 23, 2010
Unlocking Grand Bay's deep treasures: gulf shelf potential at 17,000-28,000 ft | www.ogj.com
A recent Oil and Gas Journal article (April 12, 2010) discusses Grand Bay field in the Mississippi Delta, as another example of a potential new discovery in deep shelf gulf. Ultra-deep shelf plays target reservoirs below the salt weld with sizes up to 1 Tcfe at over 20,000 ft. Interest in deep shelf plays in the Gulf of Mexico has been spurred by McMoRan's recent Davy Jones discovery. These deep prospects have shorter lead times to first production and lower development costs.
January 24, 2010
McMoRan Davy Jones Gas Discovery | www.theoildrum.com
On January 18, 2010, the Oil Drum reports McMoRan Exploration Company has made a significant discovery in the U.S. Gulf of Mexico that may contain 2-6 trillion cubic feet (TCF) of natural gas reserves. The well was drilled in 20 ft of water 10 miles south of the Louisiana coast discovery by McMoRan and partners.
Another Sub-Salt Discovery Offshore Brazil
December 3, 2009
Brazil's Wahoo North presalt find extended | www.ogj.com
Oil and Gas Journal Editors report a new sub-salt discovery offshore Brazil. A group led by Anadarko Petroleum Corp. found more than 90 ft of net oil pay at the Wahoo-2 (Wahoo North) appraisal-exploration well in the northern Campos basin in the same pre-salt interval as the Wahoo discovery.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012