Will the Chevron Decision Reshape the Oil Industry?

Just two weeks ago the US Supreme Court overruled over 18,000 judicial opinions, some as many as 40 years old. This landmark decision was rendered on June 28 in Loper Bright Enterprises vs. Raimodo. Later, on July 1, they held that the statute of limitations to challenge the actions of federal agencies under the Administrative Procedure Act (APA) does not begin until a plaintiff actually suffers injury by means of final agency…

                                                          FTC Alleges Collusion Between US Oil Executive and OPEC

Scott Sheffield, former CEO of Pioneer Petroleum, has had a long and distinguished career. The AIME described him as “displaying concern for his employees, the community and the environment, while encouraging innovation and making a positive impact on the company and the oil and gas business”. He was CEO for over 31 years, leading a corporation that was consistently ranked…

                                                           Alternate Wastewater Treatment Methods

In researching this subject, I discovered an article featured in OilOnLine which provides an interesting twist on conventional fracking techniques. Virginia based PDN Mountaineer, LLC announced that they have partnered with Utah based Purestream Technology to incorporate their Trilogy system to treat and purify wastewater from their Marcellus operations. Purestream claims to be…

                                                                       Can Pennsylvania Save the EV Industry?

First, let’s address the elephant in the room. Fossil fuel-based industries and the products they are used to create are not going away in our lifetimes. Not in our children’s lifetimes. Likely not ever. That is not to say, however, that their use cannot be curtailed. Environmentalists are working 24/7/365 to achieve this and, to a certain degree, are succeeding. This…

                                                                   The Eroding Rights of Land Professionals

I am trying to get used to using the phrase “land professional” In lieu of landman since ladies are now an intricate part of the profession. There’s something about the phrase landladies or landwomen that just doesn’t sound quite right. And, although we are governed by the American Association of Petroleum Landmen (AAPL), the moniker just doesn’t seem to give the female…

                Can Pennsylvania Save the EV Industry?

First, let’s address the elephant in the room. Fossil fuel-based industries and the products they are used to create are not going away in our lifetimes. Not in our children’s lifetimes. Likely not ever. That is not to say, however, that their use cannot be curtailed. Environmentalists are working 24/7/365 to achieve this and, to a certain degree, are succeeding. This is a good thing, assuming it is being achieved for…

                                                                Can Pennsylvania Save the EV Industry?

First, let’s address the elephant in the room. Fossil fuel-based industries and the products they are used to create are not going away in our lifetimes. Not in our children’s lifetimes. Likely not ever. That is not to say, however, that their use cannot be curtailed. Environmentalists are working 24/7/365 to achieve this and, to a certain degree, are succeeding. This is a good…

The Pt. Pleasant – EQT’s Fickle Mistress in Ohio

Most everybody knows EQT bought out Rice Energy in 2017 in a 6.7B deal. In doing so, EQT acquired some of the best drilling opportunities in the state, assuming one is exploring the Utica Shale. They have some very inviable positions, particularly in Belmont County, where they have drilled some pretty prolific wells. It seems some of the best rock in the whole play is…

                                    Recycled Nuclear Fuel? Another Innovative Source for America’s Energy Future

Overseas, the recycling of nuclear fuel has been happening for years. France is just one of the recognizable names involved in the process. However, the recycling of nuclear fuel has not been prevalent, or even tried in America. That is until recently. New is that Curio, a small start-up company in DC has been refining its efforts for almost two years now. Their product is…

Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater). This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost. However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly. Water use is often cited as one of the…

Top Content | May 1, 2024

1. Columbiana County, Lease Rates?…

NARO Ohio ---

We wanted to reach out and personally invite you to this unique educational opportunity being held in Cambridge, Ohio.  It’s an important time for mineral and royalty owners to be as educated as possible about relevant issues. 

The NARO OHIO/APPALACHIA CONVENTION provides an opportunity to hear about mineral management, understand what is impacting royalty interests, estate planning, taxes, and other relevant topics.  It also a great time to network with…

New Discussions | August 9th 2023

1. Columbiana County, Lease Rates?…

Dr Daniel Fine, MIT and Harvard University Fellow.

Author of Resource War in 3D which President Ronald Reagan read and utilized to prevail in the cold war in his first term in office.

writes “A Marshall Plan approach to a condition of war or the threat of war

is likely with intervention in non-Russia natural gas supply made up

as the United States supplies Europe for most of its requirement.

This would be financial and exploration support or…

*We want to welcome back a GMS sponsor as they will once again be conducting some great events.* 

Early Bird Registration Ends Friday August 13

Save Up To $300 With Discount Code GHS100

With production on…

EQT recently bought my lease from Ascent.  According to EQT, Ascent owe me an lease extension payment at time of EQT purchasing my lease.  How is EQT to work with?  What's my chances of Ascent paying me?  They had paid me on time for the previous 3 extensions.

Shalers,

American Business Conferences has been long time sponsors of this community. Essentially, since the beginning of this website-that's nearly 11 years! With COVID restrictions in place, they are focusing on virtual events as they get things moving again. But, they…

If you want to learn more about the cost basis of inherited mineral rights, we recently wrote a detailed post about mineral rights taxes. This step by step guide will help you understand the cost basis of inherited mineral rights, how to calculate your cost basis, and then walk you through mineral rights taxes.

Even before Coronavirus and the oil price collapse, shale drilling was slowing down, and the industry as a whole was entering a dry season. But why? After ten years of seemingly successful shale drilling and achieving energy independence, why are oil and gas companies struggling?  This is a brief summary of the analysis by Blue Mesa Minerals.…