Vallee Times Blog

With geopolitical and macroeconomic influences making for some appealing oil prices, U.S. crude exports continue to exceed projections. Last year, nationwide crude exports averaged 2 million barrels per day, up 72% from 2017. Currently, four-week crude oil exports are averaging 3.165 million...

Houston’s NRG Park hosted over 59,000 attendees from more than 100 nations at the 2019 Offshore Technology Conference May 6-9, celebrating OTC’s 50th anniversary.
From top oil and gas executives, engineers, operators, and technicians, to university research scientists and Houston...

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...

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...

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...

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...

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...

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,...

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...

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,...