Vallee Times Blog


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...

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...

New Year Brings Newfound Confidence Among O&G Execs

New Year Brings Newfound Confidence Among O&G Execs

Reflecting on the impressive uptick in the U.S. oil and gas industry across the past year, how do oil and gas industry executives feel about the industry heading into 2018? According to a recent survey by Norwegian technical advisor DNV GL Oil and Gas, confidence among senior oil and gas...

U.S. Preparing for World Energy Dominance

U.S. Preparing for World Energy Dominance

If analysts’ predictions hold true, the U.S. is positioned to become the worldwide leader in oil and gas production within the year. With global energy, dominance comes enhanced domestic security, enhanced global security and stable pump prices - to name just a few of the...

Liberty Oilfield’s Upsized IPO Highlights Investor Interest

Liberty Oilfield’s Upsized IPO Highlights Investor Interest

Just two weeks into the new year and investor enthusiasm in the oil and gas services sector is clear. Higher oil prices are driving the rush, and Liberty Oilfield Services Inc.’s upsized IPO reflects it. As the industry’s first IPO of 2018, Denver-based Liberty Oilfield Services Inc....

U.S. Crude Closes 2017 At $60+, What Does 2018 Have in Store?

U.S. Crude Closes 2017 At $60+, What Does 2018 Have in Store?

For the U.S. oil industry, 2017 ended with a comparative bang. Oil prices closed out 2017 at $60.07 per barrel, the highest close since June 2015 ($60.32), as buyers capitalized on surprise drops in both output and commercial crude stocks. Since mid-2017, U.S. West Texas Intermediate...

Visit Jimmy's Law Firm: Paul Hastings
media