Vallee Times Blog


Houston’s CERAWeek 2019: More D.C. and Tech, Less OPEC

Houston’s CERAWeek 2019: More D.C. and Tech, Less OPEC

This year’s Houston-hosted CERAWeek event, “New world of rivalries: Reshaping the energy future,” made it obvious: The times they are a-changin’.
As U.S. influence over global oil skyrockets, IHS Markit’s CERAWeek 2019 saw historic increases in U.S. government...

Debunked: Fracking's Secret Problem

Debunked: Fracking's Secret Problem

It seems that the oil and gas industry is the favorite punching bag for many news outlets and the latest commodity price cycle has made the industry an easy target for a plethora of “I told you so” journalism.
Given that most of the individuals I know that work in the oil and gas...

Permian Production Surge Impacts OPEC Production Cut Debate

Permian Production Surge Impacts OPEC Production Cut Debate

OPEC and allies may have dug themselves too deep a hole. Instead of holding U.S. oil down with low prices, the 2016 production cut agreement forced U.S. shale producers to adapt. And adapt they did, creating an essentially price-proof oil game that not everyone can play.
In the midst of...

Drones in the Oilfield: Cutting Costs and Mitigating Risk

Drones in the Oilfield: Cutting Costs and Mitigating Risk

Oil and gas companies worldwide are taking advantage of unmanned aerial vehicles (UAVs) in the oilfield - and reaping the benefits. Sending drones out to inspect oil rigs, pipelines, and flare stacks is not only enhancing worker safety – it’s saving the oil and gas industry...

Digital Oil & Gas Compels Millennial, Gen Z Appeal

Digital Oil & Gas Compels Millennial, Gen Z Appeal

Considered by some a dinosaur of industries for its relatively slow adoption of digital tech, the oil, and gas industry is still playing catchup.
Energy companies know Big Data analytics, artificial intelligence (AI), virtual reality, robotics, wearables, blockchain, automation, machine...

Second U.S. LNG Terminal Cove Point Exports First Cargo

Second U.S. LNG Terminal Cove Point Exports First Cargo

Watching the U.S. become the fastest-growing global liquefied natural gas (LNG) exporter before our eyes is exciting stuff. On Thursday, Dominion Energy’s Cove Point LNG terminal became the second U.S. facility to export natural gas.
As global demand for natural gas continues to rise,...

US Oil Rig Count Rising, Drillers Want Daily Numbers

US Oil Rig Count Rising, Drillers Want Daily Numbers

As energy companies continue to take advantage of recovered crude prices, spending and rig counts continue to rise. As drilling efficiency continues to improve, publicly traded drillers are wanting to see daily rig counts to avoid uptime misrepresentations.
O&G Rig Count Up Five...

Hart Energy, Schlumberger Honor 25 Influential Women in Energy

Hart Energy, Schlumberger Honor 25 Influential Women in Energy

As the oil and gas industry playing field evolves away from its traditionally male-dominated arena, Hart Energy and Oil and Gas Investor held their first annual Women in Energy luncheon to recognize 25 female pioneers as they pave the way for future leaders.
More than 650 E&P founders,...

Industry Pro Insights from Houston’s 2018 NAPE Summit

Industry Pro Insights from Houston’s 2018 NAPE Summit

Around 12,300 energy industry professionals (nearly 1,100 more than last year) attended the 2018 NAPE Summit at Houston’s George R. Brown Convention Center, February 5-9, to hear C-level experts share their thoughts on today’s global oil and gas industries.
With prices finally...

Oil Industry Operators Seeking Novel Capital Solutions

Oil Industry Operators Seeking Novel Capital Solutions

With the U.S. expected to break historic monthly oil production records in 2018, pumping a predicted average of 10.3 million barrels per day (mb/d), operators are seeking rapidly accessible capital on unusually short time frames.
Financial sectors are adapting to meet the new challenges of...

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