Vallee Times Blog

When Sutton Hart Press launched my new book Giant Shifts: Energy Trends Reshaping America’s Future I expected some energy industry buzz – that happened;
Here’s a link to the press release
But, the surprise was when my publisher reported sales beyond expectations across...

Saudi Arabia’s ambitious plans to transition away from oil dependence by 2030 remain in a fledging state, according to the Saudi Ministry of Finance’s 2017 first quarter fiscal performance report released May 11.
Props to the nation for cutting its budget deficit by nearly 71% in...

Investments in the Permian basin have been growing steadily. ExxonMobil has invested $6 billion in land across New Mexico. Noble Energy has invested $3 billion around the Texas border.
The University of Texas, which manages 2.1 million acres of Permian Basin land, has seen a substantial...

With North American rig counts at their highest since September 2015 and U.S. imports decreasing as exports increase, U.S. shale oil production is influencing more than just the world oil market. According to Hans Redeker, global head of foreign exchange strategy at Morgan Stanley Investment...

Tectonic shifts across the global energy sector created by the U.S. Shale Revolution have placed energy investment decisions in the driver’s seat when it comes to the future of environmental sustainability and global security.
Finance and energy industry leaders assembled in Paris at...

International certification body DNV-LG recently published an annual forecast for our industry. Entitled, “SHORT-TERM AGILITY, LONG-TERM RESILIENCE - The outlook for the oil and gas industry in 2017,” the report is based on a survey of the world's top oil and gas...

As the world enters the unprecedented wake of the U.S. Shale Revolution, capital requirements for global oil and gas are projected to hit record highs. During this week’s First Annual Conference of the King Fahd University of Petroleum and Minerals Construction Industry in Dhahran, Saudi...

If you caught API’s first-ever Super Bowl commercial this month, you got a brief glimpse of the massive changes occurring right now in U.S. oil and gas. “This ain’t your daddy’s oil” is right. Partly because your daddy’s oil was still under the export...

With the oil and gas industry in the midst of the Great Crew Change and low oil prices demanding increased operational efficiency, petroleum engineers who dabble in digital and tech-driven millennials interested in geology are in high demand. Remote pipeline maintenance, 3D digital reservoir...

While OPEC nations (and some non-OPEC) chose to go the route of the production cut deal to stabilize the market, U.S. oil and gas took the $50 per barrel price opportunity to ramp up production. The result? Production levels just barrels away from record highs. Our focus on advances in technology...