Current Events
WellReports.com Adds GPS Mapping
Effective immediately, Anderson’s Drilling Reports is pleased to announce that each of our permitted well sites and rig locations in Texas, New Mexico & Oklahoma have GPS coordinates (lat/long) included in their descriptions. Subscribers can copy/paste these GPS coordinates into mapping software of their own choice or can simply click on the provided GPS coordinate [&hellip
Fracking in Pennsylvania
A new study indicates fracking doesn’t appear to be allowing methane to seriously contaminate drinking water in Pennsylvania, contrary to some earlier, much publicized research that suggested a stronger link. The new study of 11,309 drinking water wells in northeastern Pennsylvania concludes that background levels of methane in the water are unrelated to the location [&hellip
Slump in Crude Oil Prices
What’s causing the current slump in the nation’s crude oil prices? Three possible explanations include: 1) A concerted effort by the our federal government and Saudi Arabia to punish Russia’s current military push around the world. 2) OPEC’s recent decision to maintain current production levels, thereby causing a precipitous drop in the price U.S. shale [&hellip
Tribes Receive Federal Grants
The Interior Department has awarded more than $2.8 million to 13 tribal energy and mineral development projects in New Mexico. The Pueblo of Acoma, Pueblo of Cochiti, Pueblo of Nambe, Pueblo of Jemez, Pueblo of San Felipe, Pueblo of Zuni, Jicarilla Apache Nation, and Navajo Nation will receive individual grants ranging from $40,000 to $1 [&hellip
Coal Industry Under Fire
Once again, our government, this time the judicial branch, has acted to disrupt energy production in the United States. Instead of fostering the continued supply of secure energy resources for our nation’s economic growth and health, another blow to the coal industry has been delivered. In Texas, the coal industry is a major source of [&hellip
TRANSCANADA PIPELINE REDUCES CRUDE INVENTORY GLUT
According to the Energy Information Administration (EIA), crude oil inventories at Cushing, Oklahoma, the primary crude oil storage location in the United States, decreased 13 million barrels (32%) over the past two months. On March 21, Cushing inventories were less than 29 million barrels, more than 20 million barrels lower than a year ago and [&hellip
What is Hydraulic Fracturing?
According to Range Resources’s corporate website, hydraulic fracturing is a method in which water and sand are pumped down the wellbore at high pressure in order to create cracks and fissures in the rock to allow connectivity to the wellbore with the sand keeping the newly created passageways open. This allows the natural gas that [&hellip
Should the U.S. Export Crude Oil?
For the most part, America’s oil industry is in favor of lifting the current ban on exporting domestic crude oil production. The ban was enacted during the 1970’s OPEC oil embargo. The American Petroleum Institute stated in a December, 2013 press release, “The American energy revolution has rendered our current export policies obsolete.” “Exporting a portion [&hellip
Drilling Near Lubbock Texas
Although current drilling seems to be located south of Lubbock, leases are being acquired closer to town than ever before. Making frac technology more economic to oil & gas horizons north of the Permian Basin is critical to its continued development. Texas Tech University is expected to benefit from this effort as it continues to [&hellip
Texas RRC Election Time
Today begins the first day of early voting in Texas and there is a hotly contested race for Texas Railroad Commissioner with the Republican candidates being Ryan Sitton; an oil and gas engineer, Wayne Christian; former State Representative; Malachi Boyuls, an attorney and Becky Berger; a geologist. Democratic candidates are Steve Brown of Missouri City [&hellip