Latest Drilling Equipment For Sale!


Washington, D.C. – On Wednesday , October 25, 2017 at 10:00 AM in 1324 Longworth House Office Building, the Committee on Natural Resources will hold an oversight hearing titled, “Empowering State Based Management Solutions for Greater Sage Grouse Recovery.”

WHAT:Full Committee oversight hearing “Empowering State Based Management Solutions for Greater Sage Grouse Recovery”
WHEN:Wednesday, October 25
10:00 AM
WHERE:1324 Longworth House Office Building


National

It seems the biodiesel bandits have convinced Senator Grassley to hold EPA nominees hostage to protect their mandate.

Des Moines Register (10/17/17) reports: “A Republican senator says he may seek to block President Donald Trump’s nominees for key posts at the Environmental Protection Agency unless the administration backs off a proposed reduction in the volume of biofuels blended into gasoline and diesel. Sen. Chuck Grassley of Iowa said he plans to speak with EPA Administrator Scott Pruitt about the Renewable Fuel Standard.


Environment

How often is this key fact ignored?

E&E News (10/11/17) reports: “(S)tudies do indicate that more CO2 is still a boon for plants, all other factors being equal. And while plants may suffer under rising temperatures in some parts of the world, it’s possible they may thrive in others (the greening in the world’s northern region is an example). Scientists are now increasingly working to determine exactly how all these factors fit together and what the world’s vegetation will look like in the future.”

Hold it right there. Are you trying to tell me that the world’s worst pollution isn’t caused by greedy, western capitalists?

Daily Mail (10/11/17) reports: “Up to 95 per cent of plastic polluting the world’s oceans pours in from just ten rivers, according to new research. The top 10 rivers – eight of which are in Asia – accounted for so much plastic because of the mismanagement of waste. About five trillion pounds is floating in the sea, and targeting the major sources – such as the Yangtze and the Ganges – could almost halve it, scientists claim.”


Note the growth of proppant use for hydraulic fracturing: a heads up TODAY from our mid-Atlantic energy analyst.  -dh

The growth of proppant continues, and there are clear signs of enhanced productivity. But there is a diminishing improvement curve, and the costs are escalating.  While not dramatic (yet), the combination of costs and slowing production gain should move domestic production over time toward the proverbial treadmill: drilling will have to work hard to keep up with demand.

The numbers of the volumes of sand and water being poured into the “average” well are positively mind-boggling.  The logistics of procuring and delivering water and proppant efficiently to the drilling site, then removing, processing, and recycling/disposing of the flowback water are very much under-appreciated.