Oil & Gas Services: The Place to Be?


In a recently held roundtable discussion with executives in the oil and gas industry, the issue of increased demand in this sector was raised. This sentiment was echoed by attendees and presenters at the International Energy Capital Forum that was held during the Global Petroleum Show in Calgary, Alberta.
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What’s Next for America’s Biggest Oil & Gas Producing States: California


While the Gold Rush of the 1840s set the historical stage for California, the state sits atop a similar opportunity in “black gold,” which if fully realized, could positively change the landscape of the state in a dramatic way once again.
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Russian Sanctions Threaten its Oil Exploration Future


The latest antics by Russia in Ukraine raise some harsh questions as to its future as the world’s (current) largest oil and gas producer. At the same time Russia’s actions highlight the relative stability of oil exploration within its former Cold War adversary, the United States.
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What’s Next for America’s Biggest Oil & Gas Producing States: North Dakota


All eyes in America’s energy industry were watching North Dakota last year, and 2014 is not likely to be any different. The home state of the lucrative Bakken and Three Forks Shale Plays produced a record 313.5 million barrels of crude oil in 2013 – topping its 2012 record by almost 70 million barrels – and is on target to top one million barrels of production per day sometime this year.
 
In just a few short years, technological advances in drilling have skyrocketed North Dakota to the No. 2 oil-producing state in the country, now accounting for 10 percent of total U.S. oil production. The majority of the production from private and state lands is largely responsible, as production from federal lands—in North Dakota and across the county—has fallen to 10 year lows.
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