I read an article today about how the Texas/New Mexico Permian Basin shale region is driving extreme frack sand demand. This article references an IHS Markit study indicating the value of this market has grown from $1.3B to $4B USD over the past two years. This growth...
Author: Peter Wang The global oil industry has certainly turned a corner since January 2016, and nothing says it like Brent Crude spot prices: January 2016 – Brent low $27.10May 2018 – Brent high $80.5A difference of 197% These higher prices are here to stay for a...
We often discuss aspects of the production side of the upstream oil & gas business, but less so with the exploration side. In December of last year, Emerson completed the acquisition of Paradigm. An array of software tools enables oil & gas producers to gain...
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