Current Events

Apr 11

Wellreports

WellReports.com Adds GPS Mapping

Picture of frog by Ben Fredericson

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

Apr 15

Wellreports

Fracking in Pennsylvania

Picture of frog by Ben Fredericson

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

Dec 02

Wellreports

Slump in Crude Oil Prices

Picture of frog by Ben Fredericson

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

Oct 08

Wellreports

Tribes Receive Federal Grants

Picture of frog by Ben Fredericson

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

Apr 30

Wellreports

Coal Industry Under Fire

Picture of frog by Ben Fredericson

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

Apr 08

Wellreports

TRANSCANADA PIPELINE REDUCES CRUDE INVENTORY GLUT

Picture of frog by Ben Fredericson

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

Mar 25

Wellreports

What is Hydraulic Fracturing?

Picture of frog by Ben Fredericson

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

Mar 18

Wellreports

Should the U.S. Export Crude Oil?

Picture of frog by Ben Fredericson

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

Feb 26

Wellreports

Drilling Near Lubbock Texas

Picture of frog by Ben Fredericson

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

Feb 19

Wellreports

Texas RRC Election Time

Picture of frog by Ben Fredericson

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