THE OGM: 30 YEARS IN BUSINESS Edition - Read Now!
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OUR GREAT MINDS
OUR GREAT MINDS
Cost parity with fossil fuels is arguably the Holy Grail for renewable energy technologies. It’s the tipping point at which renewable energy will be able to stand on its own against the oil and gas incumbents, without the support of government subsidies or environmental altruism. Proponents of Hubbert’s “Peak Oil” theory have argued for years […]
New drilling strategies using a combination of hydraulic fracturing, vertical and horizontal drilling have drastically increased the amount of production in many areas. In 2012, 7 major plays were held solely responsible for $54 billion dollars spent on land drilling and development.[1] These Super Seven fields are considered to be the most productive shale formation plays […]
The Bakken formation stems from the Late Devonian to Early Mississippian age and occupies the subsurface areas of Williston Basin in Manitoba, Saskatchewan, Montana and North Dakota and has one of the largest deposits of oil and natural gas in the United States. As companies continue to understand the geological characteristics of the Bakken play […]
U.S. Flood Control and the Tiger Dam™ System have been gaining popularity around the world for their involvement in the wake of natural disasters caused by flooding. CEO Paul Vickers has developed a new concept for the product’s use in hydraulic fracturing. The original Tiger Dam™ System consists of a series of durable tubes filled […]
Energy is one of the most crucial components used to sustain the needs of 21st century citizens. Natural gas and oil are precious resources that are high in demand and essential to helping our everyday lives run smoothly. That being said, large reserves of natural gas are hidden beneath the Earth’s surface and need to […]
The use of hydraulic fracturing in unconventional gas production has raised environmental concerns over air, groundwater, and soil contamination. This has prompted environmental groups and government regulators to demand further inspection. Though there are inherent risks to consider in the pursuit of all energy sources, the natural gas industry has natural incentives to mitigate the risk of […]
Texas is in the enviable position of having two of the largest shale fields in north america—the eagle ford and the permian basin—both of which are driving jobs growth. The lone star state, with 8 percent of the U.S. Population, added nearly one-third of the country’s highest paying positions. Five Areas of Impact: 1. Jobs […]
Globally, the energy sector has transformed itself in the last ten years, developing unconventional oil and gas resources through two technologies: horizontal drilling and hydraulic fracturing. Water is integral to development, from sourcing and transportation to treatment and reuse to disposal. Thus, a water-management plan that optimizes each use of water is important and significantly […]
Dr. William Fleckenstein, adjunct professor at the Colorado School of Mines, knows fracture stimulation or “fracking,” like the back of his hand. As a former scientific advisory board member with the National Science Foundation, he often inquires into fracking, and how it is changing the shape of energy conversations worldwide. “This is a transformational moment for the world-energy situation,” […]
Multi-Stage Fracturing (MSF) is a proven technological advancement which allows producers to recover oil and gas safely from shale/tight-rock oil formations. MSF is used not only to jump start the production process in unconventional formations and in unfavorable locations, but to stimulate production in older wells and formations. Experts have known for years that oil […]
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