Podcasts about eagle ford shale

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Best podcasts about eagle ford shale

Latest podcast episodes about eagle ford shale

The Deal Scout
Unlocking Lucrative Tax-Advantaged Investments in Oil and Gas with Bryan Hancock

The Deal Scout

Play Episode Listen Later Apr 28, 2025 27:52


In this episode of The Deal Scout, your host Susan Reilly sits down with Bryan Hancock, a born-and-raised Austin, Texas entrepreneur and investor, who shares valuable insights into one of the most overlooked but highly rewarding investment opportunities: oil and gas. Brian discusses how his upbringing, professional background in engineering and business, and decades of real estate experience have prepared him for success in this unique sector.He explains why oil and gas investments—especially those involving fracking in areas like the Eagle Ford Shale—offer not only strong return potential but also significant tax advantages through Intangible Drilling Costs (IDCs). Brian also shares how he launched the Texas Freedom Fund to make these opportunities accessible to more investors, lowering the traditional entry point from $250,000 to $25,000.Throughout the conversation, Brian offers advice for first-time oil and gas investors, discusses the real risks and returns in the sector, and explains why he believes global energy demand will only continue to grow. He also touches on personal milestones, including how life experiences like divorce have taught him humility and balance, and shares his passion for deal-making, family, and travel.Whether you're a seasoned investor or new to alternative assets, this episode will open your eyes to opportunities you might have never considered—and show you how to take advantage of them.Reach out to connect with Bryan or to be a guest on the show to SusanNext Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/susan-reilly-64150722a/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg Disclaimer: The content shared on this podcast is for informational purposes only and should not be taken as financial, legal, or tax advice. The views and opinions expressed are those of the host, Susan Reilly, and any guests, and do not necessarily reflect the official policy or position of any agency or organization. Susan Reilly is a licensed real estate broker, but this podcast is not a substitute for professional advice. We strongly recommend that you consult with a qualified financial advisor, legal counsel, and tax professional before making any financial decisions or taking any actions based on the information provided in this podcast.

BIC Magazine Industry Roundtable
BIC Weekly Industry Report: A $2B investment in the power grid, plans for two new natural gas plants and more

BIC Magazine Industry Roundtable

Play Episode Listen Later Oct 24, 2024 6:34


In this episode of the BIC Magazine Weekly Industry Report, we cover the U.S. Department of Energy's $2 billion investment to bolster the power grid, Evergy's plans for two new natural gas plants in Kansas, NextEra Energy's potential revival of the Duane Arnold nuclear plant in Iowa, the sale of El Dorado Oil & Gas's former processing plant on the Eagle Ford Shale, and $196 million in federal grants to upgrade aging natural gas pipelines across the U.S.   This episode is sponsored by Dräger.   For more news on the renewable energy industry, manufacturing industry, oil and gas industry and more, visit bicmagazine.com.   #EnergyNews #EnergyInfrastructure #GridResilience #EnergyInvesting #EnergyStocks

Energy News Beat Podcast
ENB 335 - Weekly Recap: California's Rail Woes, PA's Energy Shift, Saudi Aramco's Critique, and More

Energy News Beat Podcast

Play Episode Listen Later Mar 23, 2024 20:20


In this episode of the Energy News Beat Daily Standup - Weekly Recap, the hosts, Michael Tanner and Stuart Turley cover a range of topics including California's high-speed rail project's ballooning costs, Pennsylvania's transition away from coal towards renewables, and Saudi Aramco CEO's assertion that the energy transition is failing. They discuss TotalEnergies' acquisition in the Eagle Ford Shale, Germany's dominance in the hydrogen market despite challenges, and skepticism towards quick energy transitions from industry leaders. Overall, they highlight ongoing debates surrounding energy policy, infrastructure investments, and the role of fossil fuels versus renewables in the future energy landscape.Highlights of the Podcast00:00 - Intro01:30 - California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends?06:03 - Pennsylvania governor unveils plan to cut greenhouse gases, boost renewables in big energy producer09:33 - Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy' of phasing out oil11:43 - CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION14:27 - CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale16:33 - Deutschland: How Germany Is Dominating Hydrogen Market20:11 - Outro Please see the links below or articles that we discuss in the podcast.California: We Need *Another* $100 Billion for High-Speed Rail – What is a few billion between friends?‘March 17, 2024 Stu Turleysource: Hot Air:   Ed Morrissey: Hey, a hundred billion here, a hundred billion there, and pretty soon you're talking about real money. But apparently not real progress. When I first started writing about California's high-speed […]Pennsylvania governor unveils plan to cut greenhouse gases, boost renewables in big energy producerMarch 17, 2024 Stu TurleySCRANTON, Pa. (AP) — Pennsylvania Gov. Josh Shapiro unveiled a plan Wednesday to fight climate change, saying he will back legislation to make power plant owners in the nation's third-biggest energy-producing state pay for their […] Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy' of phasing out oilMarch 18, 2024 Mariel AlumitHOUSTON — Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the “fantasy” of phasing out oil and gas, as demand for fossil fuels is expected to […] CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITIONMarch 19, 2024 Mariel AlumitHOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […]CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford ShaleMarch 19, 2024 Mariel AlumitGlobal energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]Deutschland: How Germany Is Dominating Hydrogen MarketMarch 20, 2024 Mariel AlumitWith 3827 kilometers of pipeline across the country, Germany is blazing a trail through the continent in terms of hydrogen infrastructure growth. Indeed, plans within the country are so far advanced that Germany is set to become […] Follow StuartOn LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show – 

Energy News Beat Podcast
ENB 333 - Big Oil Pushback, Coal Plant Closures, and Unexpected Acquisitions

Energy News Beat Podcast

Play Episode Listen Later Mar 20, 2024 20:00


In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss significant headlines from Ceraweek and the energy sector. They highlight big oil executives pushing back against rapid energy transition calls, noting the challenges and uncertainties surrounding it. They also discuss the potential retirement of coal capacity in PJM without replacement, Biden administration's consideration of hastening coal power plant closures, Daniel Yergin's critique of the energy transition discourse, and ExxonMobil's stance on acquiring Hess amid a Chevron dispute. Additionally, they touch upon TotalEnergies' unexpected acquisition in the Eagle Ford Shale to support LNG terminal operations. Throughout, they analyze market trends, oil prices, and geopolitical impacts, emphasizing the complexities and dynamics within the energy landscape.Highlights of the Podcast00:00 - Intro01:56 - CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION04:44 - Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitor06:45 - Biden officials mull quicker death for US coal power plants08:52 - Energy guru Daniel Yergin: «I'm sick of the energy transition discussion»10:53 - Markets Update12:54 - Oil rises to multi-month highs on Russian supply concerns14:34 - ExxonMobil has “no interest” in Hess purchase amidst Chevron dispute, CEO says17:01 - CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale19:10 - OutroPlease see the links below or articles that we discuss in the podcast.CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITIONMarch 19, 2024 Mariel AlumitHOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […]Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitorMarch 19, 2024 Mariel AlumitAbout 24 GW to 58 GW of thermal resources — or 12% to 30% of the PJM Interconnection's installed capacity — are at risk of retiring by 2030 without a clear source of replacement generation, […]Biden officials mull quicker death for US coal power plantsMarch 19, 2024 Mariel AlumitU.S. coal-fired power plants could be forced to shut down two years sooner than envisioned under a Biden administration plan to stifle pollution from the electricity sector. The potential change being seriously considered now by […]Energy guru Daniel Yergin: «I'm sick of the energy transition discussion»March 19, 2024 Mariel AlumitAt the COP28 climate summit in Dubai, countries committed themselves for the first time to moving away from oil, gas and coal. According to the International Energy Agency, demand for fossil fuels is set to […]Oil rises to multi-month highs on Russian supply concernsMarch 19, 2024 Mariel AlumitNEW YORK, March 19 (Reuters) – Oil prices rose to multi-month highs for the second straight session on Tuesday as traders assessed how Ukraine's recent attacks on Russian refineries would affect global petroleum supplies. U.S. […]ExxonMobil has “no interest” in Hess purchase amidst Chevron dispute, CEO saysMarch 19, 2024 Mariel Alumit(Bloomberg) – The boss of Exxon Mobil Corp. said Monday that it has no interest in buying Hess Corp. outright, despite taking Chevron Corp. to arbitration over its proposed $52 billion merger with the other […]CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford ShaleMarch 19, 2024 Mariel AlumitGlobal energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –

Rio Grande Guardian's Podcast
Mike Willis gives his analysis of NextDecade's big LNG project at the Port of Brownsville

Rio Grande Guardian's Podcast

Play Episode Listen Later Oct 3, 2023 6:21


BROWNSVILLE, Texas - Representatives from NextDecade and its main contractor for the liquefied natural gas export terminal being built at the Port of Brownsville, Bechtel, gave the keynote presentations at a recent South Texas Manufacturers Association meeting.However, the presentations were deemed private and not for publication. So, the Rio Grande Guardian International News Service sought the analysis of STMA President Mike Willis, who emceed the meeting. Guardian audio editor Mario Muñoz asked Willis what he knew of the LNG project.Willis said: “Well, this is one of the largest projects in the country and certainly the largest in the state and certainly the largest in the Rio Grande Valley. It's been years in planning and conditions are right that finally NextDecade was able to secure all the customer funding they needed, the long term commitments and they made a final investment decision to move forward with this (LNG facility at the Port of Brownsville). So, years of planning, and now they have pulled the trigger on it. They have got paying customers contracts for 20 years or more.”Willis said two other major projects related to the LNG facility would be going on at the same time.“So, this project is going forward at the Port and it is going to involve several other major projects. The Brownsville Ship Channel is going to be dredged to 52 feet deep, all the way from the jetties to the Port to facilitate these large tankers coming in to pick up liquefied natural gas. There's a major pipeline that is going to be constructed by Enbridge Energy out of Canada that will connect to pipelines flowing from the Permian Basin and Eagle Ford Shale to Nueces Main in Corpus. They will tie into those pipelines and pipe natural gas down to the Port of Brownsville and that natural gas coming into that pipeline will be the raw material, the input for these liquefaction trains that are going to be built. So, this is an eight year long project.”Editor's Note: Go to the Rio Grande Guardian website to read the full story.To read the new stories and watch the news videos of the Rio Grande Guardian International News Service go to www.riograndeguardian.com.

The Sweaty Penguin
119. The Eagle Ford Shale

The Sweaty Penguin

Play Episode Listen Later May 26, 2023 51:33


A few months ago, The Guardian did a five-month investigation into “carbon bombs,” or fossil fuel projects that would, over the course of their life, emit over one billion tons of carbon. They found that there are 195 planned oil and gas carbon bombs around the world, and if they proceed as planned, these projects alone would blow past internationally agreed upon climate targets. For our tenth deep dive on carbon bombs, we take a look at the Eagle Ford Shale: an oil and gas formation near the Gulf Coast of Texas. The U.S. portion contains 6.5 billion barrels of oil, 5.7 billion barrels of natural gas liquids, and 1.3 trillion cubic meters of natural gas, which together would have the potential to emit 5.9 billion tons of carbon dioxide. Beyond the global climate impact, Eagle Ford has run into several local issues, from water shortages to highly polluting flaring systems to economic inefficiencies that have driven several companies that explored Eagle Ford into bankruptcy. Today, we'll explore what problems the Eagle Ford Shale presents, how climate change impacts the Gulf Coast of Texas, and how the region can move forward in an environmentally and economically sustainable way. With special guest Dr. Rabi Mohtar:  Professor of Biological and Agricultural Engineering at Texas A&M University. The Sweaty Penguin is presented by Peril and Promise: a public media initiative from The WNET Group in New York, reporting on the issues and solutions around climate change. You can learn more at pbs.org/perilandpromise. This episode is the third in our four-part series collaborating with the Gulf Climate Listening Project covering environmental issues on the Gulf Coast. If you are interested in learning about stopping LNG exports and creating a better future on the Gulf Coast, visit GulfCoastMurals.com. Support the show and unlock exclusive merch, bonus content, and more for as little as $5/month at patreon.com/thesweatypenguin. CREDITS Writers: Hallie Cordingley, Mo Polyak, Ethan Brown, Velina Georgi, Madeleine Salman Fact Checker: Owen Reith Editor: Megan Antone Producers: Ethan Brown, Hallie Cordingley, Shannon Damiano Ad Voiceover: Megan Antone Music: Brett Sawka The opinions expressed in this podcast are those of the host and guests. They do not necessarily reflect the opinions or views of Peril and Promise or The WNET Group.

The Energy Question
The Energy Question Episode 44 Andrew Dittmar Enverus

The Energy Question

Play Episode Listen Later May 24, 2023 28:55


In Episode 44 of The Energy Question, David Blackmon engages in a somewhat prescient discussion about upstream mergers and acquisitions (M&A) activity during the first quarter of the year with Andrew Dittmar, Director at Enverus. Andrew talks about the business, policy and market factors impacting the M&A space during 2023, and ends up identifying Chevron as one of the big potential buyers just weeks before Chevron announced its $7.6 billion buyout of PDC Energy on May 22. Run of Show:0:00 - Intro01:36 - Discussion about Q1 2023 M&A activity, and its focus on Eagle Ford Shale assets07:53 - Factors impacting deal making in other basins, and the potential for deals involving buyouts of small-to-midsize upstream companies during the rest of the year14:48 - Why ExxonMobil and Chevron are notable potential buyers19:19 - How takeaway capacity in Appalachia are impacting dealmaking23:33 - Which larger independents are potential takeover targets?25:51 - Outlook for the rest of the year and beyond28:28 - EndEnverus Home Page: www.Enverus.comYou can find The Energy Question With David Blackmon podcast at Spotify, Spreaker, Apple Podcasts and other regular podcasting platforms.Sponsorships are available or get your own corporate brand produced by Sandstone Media. David Blackmon LinkedInDB Energy Questions Energy Transition Absurdities SubstackThe Crude Truth with Rey TrevinoRey Trevino LinkedInEnergy Transition Weekly ConversationIrina Slav LinkedInArmando Cavanha LinkedIn ENB Top NewsENBEnergy DashboardENB PodcastENB Substack

The Energy Question
The Energy Question Episode 32 - Amir Adnani, CEO of Uranium Energy Corp.

The Energy Question

Play Episode Listen Later Mar 23, 2023 24:08


In Episode 32 of The Energy Question, David Blackmon interviews Amir Adnani, the CEO of Uranium Energy Corp. UEC is the largest, diversified, United States-focused uranium company. UEC is a pure-play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place.In this episode, David and Mr. Adnani talk about UEC's business endeavors, the opportunity for uranium production in Texas and other areas of the United States, and why a renaissance of nuclear energy will be necessary of the world is to meet its net-zero goals.Run of Show:00:00 - Intro01:08 - History of Amir Adnani's Company (history of uranium mining)07:41 - Talks about energy transition debate (nuclear energy, developments due to energy bills)15:01 - Talks about Fukushima Daiichi reactors17:29 - Zero carbon emission source or a heavy polluting source like coal20:52 - Jobs domestically in uranium exploration mining24:08 - OutroThe Energy Question Episode 32 - Amir Adnani - Urainum Energy CorpDavid Blackmon [00:00:10] Hello, welcome to the energy question with David Blackmon. I'm your host, David Blackman. My very special guest today is Amir Adnani, the founder and CEO of Uranium Energy, which is America's leading fastest growing uranium mining company in the United States. And I. Amir, thank you so much for your time today. I really appreciate it. Amir Adnani [00:00:31] Pleasure's all mine. Thanks for having me. David Blackmon [00:00:33] You bet. I'm an old oil and gas guy, but I'm also been a long time fan of nuclear energy. And I realized that I understand the need for more of it in the United States as a zero carbon energy source. David Blackmon [00:00:48] And so I'm really glad to talk to you because we haven't focused enough on the need and the future for this key energy source here on my podcast. But before we get into the Q&A, I want to give you a couple of minutes to talk about the history of your company, you know, where it started, where it's going in, and how you plan to get there. Amir Adnani [00:01:08] I'm an entrepreneur by background and have been involved and focused on energy-related and commodity-related businesses for the last 20 years. In 2004, 2005 timeframe, I looked at what was happening in nuclear energy and we were certainly experiencing the early innings of a nuclear renaissance. I looked at what was happening in the US and in the US. Back then we were importing 90% of our uranium requirements and I thought this doesn't make sense. Amir Adnani [00:01:37] And I really started to take a deeper look at the history of uranium mining in the US and was fascinated by the fact that not only was the civilian nuclear energy program to generate electricity, it started in the US,. Amir Adnani [00:01:50] But we had the largest fleet of nuclear reactors anywhere in the world and the history of uranium mining was written by US oil and gas companies in the sixties, seventies and eighties. Companies like Exxon, Chevron, Texaco, ConocoPhillips were the pioneers of uranium mining and particularly a very unique extraction of uranium called In-Situ recovery, which is much more familiar, similar to oil and gas recovery than actual mining. And these all disappeared. Amir Adnani [00:02:19] Why did these companies disappear? Why did the uranium mining industry disappear in the United States? Because when the Cold War ended, the US decided to sign a treaty with the Russian government to dismantle Soviet era warheads that the Russians had too many of. Amir Adnani [00:02:35] To take highly enriched uranium out of doors warheads blended down to low enriched uranium and sell it into the market. This became the equivalent of the world's largest uranium mine and destroyed the domestic industry in the US. The positive end of it is that it did, over the course of 20 years, helped dismantle and wait for this 23,000 Soviet era nuclear warheads. Amir Adnani [00:02:58] And so it did a lot in terms of security and the stockpiling the Soviet missiles, but it destroyed our industry. So fast forward to really the company's background in Genesis. I became quite fascinated by the productive history of uranium in South Texas. Amir Adnani [00:03:17] South Texas, according to the US Geological Survey, contains the largest potential deposits for uranium in the United States that are untapped and unexplored. Much of this potential happens alongside oil and gas basins like the Eagle Ford Shale and the Barnett Shale. Amir Adnani [00:03:33] These areas that have been very productive for oil and gas over geologic time have also helped uranium deposits get formed in the same regions. We set up shop originally in Austin, Texas, as a company Uranium Energy Corp, before moving our offices to Corpus Christi to be closer to our South Texas business that we were building brick by brick. We expanded from 25 odd business plan. Amir Adnani [00:03:56] We got into production in 2010 at our Hopson facility down in Karnes County. That's the four behind me right? There is a lot of supply, and that's the largest uranium recovery plant in Texas and one of the largest in the country today. Amir Adnani [00:04:10] And so our view was that longer term nuclear power played an integral role in providing electricity in the US. One in every five home in America is powered by nuclear energy. Over 50% of carbon free electricity generation in the country is nuclear. Amir Adnani [00:04:26] And so this made no sense that there wouldn't ultimately be a bigger domestic industry. So we focused we got into production in 2010, hired many people. We were one of the only new uranium mines in the world in 2010 in South Texas. Then we had the nuclear problems in Japan that happened in 2011 with their Fukushima Daiichi reactors. Amir Adnani [00:04:45] So we entered their market for nuclear energy and uranium that basically lasted about a decade. Unfortunately, during this bear market, we continue to rely as an industry in the US on Russia, Kazakhstan, Uzbekistan for our uranium needs. And so during this period, domestic uranium mining basically vanished. Amir Adnani [00:05:04] And so when I started in 05. When we were importing 90% of our required. Today we import 100% of our requirements. My company was able to survive the bear market and we took on a very counter-cyclical strategy and we thought, you know what, let's take advantage of the bear market to make acquisitions. Amir Adnani [00:05:21] Sort of the old saying, you know, you want to buy your Christmas decorations in January. So we got really worried. We were able to roll up assets and not only in Texas where we expanded into Wyoming, we expanded into Canada, we were able to really, again, go bargain hunting. Amir Adnani [00:05:36] And then Russia's invasion of Ukraine occurred, which, as terrible as it is, and as much as it's a humanitarian crisis, it has really brought attention to energy supply chains. And now I think there's a realization that, holy crap, we can depend on Russia. Okay. Well, I mean, a lot of people kind of knew that before Russia had to get that way. But now finally, the realization is there. Governments, utilities, everyone is trying as fast as possible to move away from Russian supplies. So we're a US based company. We're a Texas based company. Amir Adnani [00:06:11] Today we have operations not just in Texas, but, as I mentioned, Texas, Wyoming and Canada's Saskatchewan Province, which is home to some of the highest grade uranium deposits. We believe North American supplies and US supplies can provide energy security moving forward and energy security in a world that wants to decarbonize as fast as it's trying to electrify, but needs to do all of that while actually having access to the energy supply chain. David Blackmon [00:06:38] Yeah, I it's so interesting to hear you go through this history of development of the industry in South Texas. I grew up down there in Bellville, Texas, just 30 miles from we have a facility. Amir Adnani [00:06:50] We have a project in the county nearby. Yes. Yeah, we're very active there. Yeah. David Blackmon [00:06:55] Yeah. I had some cousins in Live Oak County who got very rich in the 1970s on uranium. It was either Dow or DuPont had a big plant just outside of Georgia, West Texas. Amir Adnani [00:07:06] You're right. So we have a few of our a few of our team members worked at that operation. And the US Steel. US Steel had that project in Louisville County as well. And it was a really successful project, the one you're referring to. But absolutely. David Blackmon [00:07:19] Yeah, Minerals and gold, the Ed County. And unfortunately we never got a lease there, but maybe sometime in the future. Amir Adnani [00:07:25] We're we're in Gold County as well. David Blackmon [00:07:28] Are you really? Oh, my gosh. I need to call your business development guy. Anyway, sorry I'm not trying to sell a lease here, so I. You know what? What is so perplexing to me in this whole energy transition debate is watching is the same people, the same groups, climate change lobby groups, do you know, advocate for wind and solar and zero carbon energy, Turn right around in their next breath. David Blackmon [00:07:54] Breath and slammed the nuclear energy. How do we ever get past that? Because it's becoming I think everyone is realizing as time goes on that the limits of the real utility of wind and solar is going to be fairly limited and we're going to have a renaissance in the nuclear industry. So how do we ever get past that? You know, that opposition that seems more emotionally based and fact based to me. Amir Adnani [00:08:22] I would say out of necessity, unfortunately. I mean, for good, the right answer would have been science and facts and information, because the science of nuclear energy is one that shows it is the safest form of an electricity generation. It has zero carbon emissions, it has baseload power. So that's 24 seven 365, and it has over a 95% capacity factor for those data points. For for the science of it all, you would want to enjoy nuclear energy. Amir Adnani [00:08:52] But let's take a look at Japan and what's driving interest in nuclear energy there. And that's a really important country to look at, because in Japan there was a problem with the Fukushima Daiichi nuclear reactors in 2011. It did create, excuse me about that. It did create fear. And that concern made the country shut down all of its nuclear reactors. Amir Adnani [00:09:14] In the last few months, we've seen some very profound developments due to energy bills. Every person's monthly energy bills going up 3 to 4 times, in some cases ten times. In some cases, people are paying more for their monthly energy bills and their mortgage or rent. Amir Adnani [00:09:31] There is now the largest public support seen in public opinion polls in Japan for nuclear energy since the Fukushima incident in 2011. And the government, as a result has pivoted and stated it wants to go back to nuclear energy and to restart their idled nuclear reactors, extend their lives and even build more. Amir Adnani [00:09:51] We've had the benefit of hydrocarbons in the United States and the shale revolution and all those developments over the last ten or 15 years that gave us so much more energy capacity in the US that we weren't hit as hard as Western European countries as Japan was as a result of Russia or, you know, the average person hasn't yet felt that in their energy bill. We felt it at the pump and we've seen that sort of go up and down. Amir Adnani [00:10:17] But I think when we start to feel it in our pocketbook is when we start to say, how do we get the cost of living down? How do we make sure that energy cost doesn't become the single biggest cost item to live? This is again, where nuclear really shines. This is where we are in fact, seeing today, for what it's worth. And I think it's worth a lot. Amir Adnani [00:10:35] The highest public opinion polls in favor of nuclear energy also in the United States. And that is why you're seeing bipartisan support for nuclear energy in Washington, where there's not bipartisan support for anything, as we both know. I mean, there's nothing that they agree on. And of all things, nuclear energy is enjoying bipartisan support. Do we have 100% of folks on board with nuclear energy? Of course not. But as we as as the facts and information and costs become better understood. Amir Adnani [00:11:03] The biggest fact about renewables is that the capacity factor is 25 to 30%. Yeah, well you can't you can rely on something that works only 25 to 30% of the time. People want to be able to charge their electric devices at any given point they run out of battery or run out of juice. You want you want to be able to charge an electric vehicle if you drive one. Amir Adnani [00:11:23] These things require electricity around the clock. So it's just so common sense of it is there now. Let's go a step further. There's some really cool stuff going on with nuclear energy. Really amazing because you. Nassau has announced a number of missions and at various sort of launches, whether it's to the International Space Station, whether it's to Mars, what Space X wants to do, what Elon Musk's. Amir Adnani [00:11:49] Space travel going forward and for the last number of decades has been powered by nuclear energy. People don't realize that. But some of the coolest things you can do out there and all these micro reactors that are able to provide the fuel needed to travel space. Amir Adnani [00:12:03] You look at the nuclear navy, the 108 submarines and aircraft carriers are all run on micro reactors that provide electricity. Bill Gates and a number of other Silicon Valley entrepreneurs are now getting behind small modular and advanced reactors, smaller reactors that you can build in areas where you don't have a big population. Amir Adnani [00:12:24] You don't have a large city, which is historically where reactors have been built. So there's now a proposed reactor to be built in Wyoming, where there used to be a coal fired power plant. So the jobs are retained, the infrastructure is there. Amir Adnani [00:12:36] These coal fired plants are already connected to the grid. And in most cases there's infrastructure that you can tap into. There was a very fascinating study by the Department of Energy talking about retrofitting coal fired power plant sites into small modular or nuclear reactor sites, depending on what the site size requirements were. Amir Adnani [00:12:55] So these are really cutting edge areas of technological development on energy that nuclear is involved with. And it helps us every day we build another nuclear reactor. Help makes us that much more energy independence and it adds towards national security because you control your own destiny with nuclear energy. Amir Adnani [00:13:14] And the biggest part of it is how little fuel is needed in a nuclear power plant compared to oil. Did you know, for example, that three barrels of uranium can produce the same amount of energy as 300,000 barrels of oil? So when you start to think about how powerful it can be, the power density of uranium. David Blackmon [00:13:32] Yeah, the energy density is. Amir Adnani [00:13:35] That is phenomenal. And that again, is, I think, the common sense of why, you know, anyone would be supportive of it. David Blackmon [00:13:42] So, you know, so much of the opposition, unfortunately, and I think really irrationally continues to be based on Fukushima, on Chernobyl, on even Three Mile Island 43 years ago, 44 years ago now. I mean, isn't you know, it's so important, I think for people to understand how much the technology has evolved. You know, all of those are older generation power plants and they had had flaws, obviously. And just like some so much of our other technology nuclear has advanced tremendously over the last 15, 20 years, hasn't it? Amir Adnani [00:14:21] If you go out there today and drive around in a vehicle that was built in the sixties or seventies, or if you go get on an airplane that was built in the sixties or seventies, naturally you might be less comfortable, less safe. Amir Adnani [00:14:33] I mean, everything has, to your point, advanced so much more on fourth generation technology and nuclear reactors today. Surely these are far safer and their ability to deal with issues and concerns and have learned from those episodes that you refer to with Chernobyl and Three Mile Island and Fukushima. Amir Adnani [00:14:54] But Fukushima being the most recent one, is a fascinating one to look at because no one died as a result of the shut down of the Fukushima Daiichi reactors. Thousands of people died because of an earthquake and tsunami and earthquake that wiped. Out. Just cleared that, cleared the area and everything was cleared except those nuclear reactors were left standing,. Amir Adnani [00:15:14] In a way speaks and is a testament to how solid the engineering is of these reactors that every infrastructure site you would have had in that region was wiped clean and these reactors were left standing. And while there was concern initially about making sure the cooling units that had gone offline would come back online fast enough to keep everything cooled, they got it under control and it was safe. Amir Adnani [00:15:36] And again, there is no evidence today. That shows there was any fatalities as a result of those reactors coolants malfunctioning before it got under control. That's a fact. And that is also a fact that is most evidence, again, I think in what the public opinion polls in Japan are saying to you today,. Amir Adnani [00:15:54] It's easy for people to sit here in North America debating this stuff. But people in Japan have been pulled recently and they've got a democratically elected government who looks at these polls and their conclusion is it's safe to go back to nuclear energy. Amir Adnani [00:16:07] And we far rather have access to power that is, that makes life possible rather than having our costs go up, our emissions go up, the environment and the air and the pollution and all those issues that go with the alternatives of not having the power or just not having power at all. Really a hot summer in Japan where they didn't have access to their AC units, they're going to have a cold winter and all this stuff seasonally starts to add up. David Blackmon [00:16:33] And so I'm sorry, go ahead. Amir Adnani [00:16:34] No, no, that's it. So I think this is I think it's instructive to look at Japan, because I think Japan in 11 years has given us a case study, a case study that is more recent than Chernobyl and Three Mile Island, because it involves, you know, the last decade where it again is just a per and data data point. We saw what happened there and that we see where we are now. And the end result is that there was there was no harm done by these nuclear reactors and now everyone wants them back. David Blackmon [00:16:59] Well, and the other thing about Japan, when you look at Japan as an object lesson in a test case, it's not the landscape in Japan is not favorable for either wind or solar, but a lot of wide open spaces for big solar and wind farms, not a lot of flat spaces with a lot of wind blowing for the wind. David Blackmon [00:17:16] And then the alternative, as the government made very clear here just a week ago, is the alternative to more nuclear is is more coal for Japan. And so they've got to keep the lights on somehow. What would you rather have a zero carbon emission source or a heavy polluting source like coal? It seems like a pretty obvious decision point, doesn't it? Amir Adnani [00:17:37] Again, I think the decision point that you laid out is exactly would not just the Japanese government, but the European governments, the US government, many governments and policymakers are arriving at the exact same point. Amir Adnani [00:17:49] And the one thing I would say is there isn't an energy focused, let's say, modeling person, these people that model different energy sources and then they provide a report to government people. There isn't a single one today who has been asked,. Amir Adnani [00:18:02] Hey, how do we try to be decarbonized? How do we reduce the carbon emissions and give us a plan that involves, you know, getting to net zero or whatever you want to call it, but some kind of decarbonization by 2035 or 2050, there isn't a single person that has looked at the data and modeled it and hasn't come up with the conclusion, including nuclear energy. Amir Adnani [00:18:23] That is the reason why, for the first time last summer, the European Union changed this taxonomy to include both nuclear and natural gas and natural gas should be. And that is why, again, we're seeing unprecedented support and interest in Washington on a bipartisan basis where they've allocated billions of dollars towards providing basically a financial incentive for these nuclear reactors to stay on because of all the financial attributes they bring, they bring grid stability, they provide national security, and it's 100% emission free. And on top of that, you're seeing unprecedented action by the government. Amir Adnani [00:18:56] Not since the 1950s and the Eisenhower administration did we have the US government step up and purchase uranium for what is now being called the Strategic Uranium Reserve, modeled after the Strategic Petroleum Reserve. Amir Adnani [00:19:09] I'm very honored that our company was in fact one of the companies that was selected and was awarded by the Department of Energy, and they purchased uranium from us and this completed just a few weeks ago. But it was history in the making. Amir Adnani [00:19:21] It was history in the making that we have not seen action like this being taken by governments and policy makers in our 20 years as a company. We haven't seen this. And individuals that work at our company that have been in uranium for 40 years, they go back a long time before you have to find these types of issues. Amir Adnani [00:19:37] So this all speaks to something. This all speaks to the fact that, again, when you look at the hard, bare facts around what is the benefit of nuclear energy, what are the pros and cons of every power source? Amir Adnani [00:19:48] Every power source today has pros and cons. We don't, unfortunately, as a species, as a civilization, we don't have the perfect solution for our energy needs yet. Maybe we'll find it 100 years from now. But every form of power generation has its pros and cons. Hence you need an energy mix and then an energy mix. Amir Adnani [00:20:04] You want to make sure you have nuclear and. And how lucky are we in the US that 94 reactors are already built and operating, that we're leading the world in the science and technology behind small modular reactors, and that we have the expertise and we have the knowhow and we have more than anything the gold standard of safety regulation, which is the US Nuclear Regulatory Commission. Amir Adnani [00:20:28] All of this should really make people, I think, both feel safe but also proud. And I think if you're if you're in your twenties, if you're like kind of just coming out of college, what better area for for growth and development than to get involved with this small, you know, small modular reactors and the emerging nuclear industry in this country? Amir Adnani [00:20:45] It used to be that at its peak in the seventies and eighties, when the US was the world's number one uranium producer, we had almost 30,000 jobs domestically in uranium exploration mining. This is data by the Department of Energy today. Amir Adnani [00:20:59] There are collectively in the US, including me on this call 300 people involved in domestic uranium exploration mining. So that may seem like, oh my God, we're in trouble. Only 300. It used to be 30,000. Or you can look at it as glass half full and say it is 300 and it's got to go to 30,000 because this industry has to get bigger. And with that means tremendous job growth and economic growth and opportunity. That's the way we're looking at it. David Blackmon [00:21:22] And these are not these are not minimum wage jobs, these very high paid professional positions, correct? Absolutely. Amir Adnani [00:21:30] And the thing with mining is that once you build a mine, these are ten year, 15 year, 20 year commitment. So the jobs are also long lasting jobs. There's stable jobs. They they are as long and stable as the duration of the mine lives and assets. Amir Adnani [00:21:44] So unlike oil and gas, in fact, where it could be more sporadic, where you're moving from location to location to drill and break, once you have a uranium mine up and running, that location will remain active for a long time. So, again, it's just it's the job creation, the amount of their high paying jobs, but they're also long lasting jobs. David Blackmon [00:22:01] Well, thank you so much. You are an incredible spokesperson for your not just your company, but for your industry. And what a great advocate. I really appreciate your time. We're running up against it here. And any time we can do anything for you, you ever want to come back and talk to us again? Please just reach out and let me know. We'd love to do this again. Amir Adnani [00:22:21] It would be my honor and I really appreciate that. We I've been at this for 18 years now, and I really believe with everything in me about the merits of what we're doing and believed in when it was dark, it was quiet for ten years. David Blackmon [00:22:34] It wasn't easy, right? Amir Adnani [00:22:35] It was not easy. We believed in it. So you can appreciate it. You know, Now we feel this is easy to believe in now, but our resolve was tested during the very kind of dark depths of the bear market that the industry was in for a decade. That's a long time, obviously. Amir Adnani [00:22:51] But it goes to show you the level of commitment that we have and truly how we feel about the prospects of the industry and that ultimately it's providing something necessary and good and something that is going to be energy is life and to be the provider of that and to genuinely believe that you have the supply chain and the fuel that allows for life to move forward and to be progressive and to be continuous, I think is very important. Amir Adnani [00:23:16] And I think also, again, where we're very grounded in the convictions we have and really appreciate this opportunity to connect with you and tell our story and look forward to coming back and doing it again. David Blackmon [00:23:26] And that's our lesson for the show, folks. Energy security is national security. If we're going to have energy security, we're going to need more nuclear. That's the way it's going to be. And so so please talk to your local representatives, your folks and in government and tell them you're in favor of more nuclear energy in the United States. David Blackmon [00:23:46] It's important for our future and our kids futures and our grandkids futures with that. Thank you again, Adani. I really appreciate it and look forward to talking to you again in the future. Amir Adnani [00:23:56] Likewise. Thank you. Take care. Bye bye,Sponsorships are available or get your own corporate brand produced by Sandstone Media. David Blackmon LinkedInDB Energy Questions Energy Transition Absurdities SubstackThe Crude Truth with Rey TrevinoRey Trevino LinkedInEnergy Transition Weekly ConversationIrina Slav LinkedInArmando Cavanha LinkedIn ENB Top NewsENBEnergy DashboardENB PodcastENB Substack

Texas Power Podcast
Geothermal energy and the revival of a forgotten renewable

Texas Power Podcast

Play Episode Listen Later Jan 5, 2023 58:26


Tim Latimer was working as a drilling engineer in South Texas when he couldn't shake a newfound curiosity.Latimer was new to the oil and gas industry, and in 2012, the industry was at the height of the shale revolution. He was tasked with navigating the challenges created by high drilling temperatures in the Eagle Ford Shale region.As he did more research Latimer discovered the world of geothermal energy. Fast forward a decade later and his company, Fervo Energy, is leading the revival of what Latimer calls a forgotten renewable.Latimer joined the Texas Power Podcast from Renewable Energy World to discuss his background, geothermal's resurgence, and the impact of the Inflation Reduction Act on the industry. Episode notes: -Read this podcast's article on Renewable Energy World-Listen to the Texas Power Podcast episode featuring Texas Geothermal Energy Alliance Chairman Barry Smitherman-Check out this Volts Podcast episode on enhanced geothermal energy's potential

Wilson County News
STEER marks 10-year anniversary, celebrates .robust oil and gas industry' benefits

Wilson County News

Play Episode Listen Later May 31, 2022 2:05


KENEDY — In honor of the 10th anniversary of its establishment, the South Texas Energy and Economic Roundtable (STEER) hosted a 10-Year Tribute Luncheon May 25 to look back on the past decade of environmental, economic, operational and community benefits in the South Texas region from a robust oil and natural gas sector. In opening remarks at the event, Todd Staples, president of the Texas Oil & Gas Association, said, “Energy is the cornerstone of security and prosperity, and the Eagle Ford Shale in South Texas has and will continue to play a vital role in providing the oil and...Article Link

The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

In this episode we provide an overview of the Eagle Ford Shale play in South Texas.   Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil and gas basin.  Plus, we talk about some exciting developments where operators are also targeting additional formations like the Austin Chalk and Buda Limestone in certain areas. Links to the charts and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

south texas eagle ford shale
And Now a Word from Our Environment
Energy Part 5 - Problems with Fracking

And Now a Word from Our Environment

Play Episode Listen Later Dec 28, 2020 13:31


Where do we find shale formations where fracking can take place? In Texas is found the Permian Basin, Barnett Shale, the Eagle Ford Shale, and the Haynesville-Bossier Shale. The Marcellus Shale reaches from central New York into Ohio and south to Virginia. The Bakken Shale is in North Dakota. What can go wrong?

The Minerals and Royalties Podcast
Daniel Herz, President & CEO, Falcon Minerals Corporation

The Minerals and Royalties Podcast

Play Episode Listen Later Jun 25, 2020 66:27


Recorded on May 19th 2020 Daniel Herz – President & CEO, Daniel Herz joins us from Falcon Minerals Corporation, a publicly traded minerals and royalties company that is focused on the Eagle Ford Shale. Throughout the episode, Daniel walks through his extensive experience in the MLP space, where he started as a MLP Analyst in 1999 and then later went on to build and sell several Midstream and E&P MLP businesses. Daniel explains the similarities between the minerals & royalties space and the of the early days of the MLP space in the 2000s, and how similar arbitrage opportunities will become available in the market as PE backed minerals portfolios mature over time and need an exit to publicly traded minerals companies.

Oil and Gas This Week Podcast
Silicon Valley to Big Oil |  AI-Firm Ambyint’s New Bakken Deal with Equinor – OGTW151

Oil and Gas This Week Podcast

Play Episode Listen Later Aug 19, 2018 24:09


In this Episode of Oil & Gas This Week –Silicon Valley to Big Oil: We Can Manage Your Data Better Than You, AI-Firm Ambyint’s New Bakken Deal with Equinor Moves the Industry Another Step Closer to the Edge, What BHP Billiton’s $10.5B asset sale to BP means for the Eagle Ford Shale, Pakistan: Exxon Is Close To Making A Mega Oil Discovery, India’s […] The post Silicon Valley to Big Oil |  AI-Firm Ambyint’s New Bakken Deal with Equinor – OGTW151 appeared first on Oil and Gas This Week Podcast.

In The Oil Patch radio show
In The Oil Patch: Episode 144 - Weatherford & Oilfield Experts

In The Oil Patch radio show

Play Episode Listen Later Feb 28, 2018 44:50


Originally aired on 2/17/2018 - 2/18/2018 Episode 144 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado welcomes Jon Mark Alsman of Weatherford and Clint Schweers of Oilfield Experts onto the show! Jon and Clint talk to our host about the importance of the Eagle Ford Shale and its impact in the South Texas region. Be sure to catch every show each weekend following this schedule: Saturdays from 8am-9am KSIX 1230AM, 95.1FM & 96.1FM Corpus Christi Sundays from 8pm-9pm Newsradio 740 KTRH 740AM Simulcast on the iHeartRadio app Houston / Worldwide Let us know what you think about our shows on our Facebook page - Facebook.com/intheoilpatchradioshow and be sure to share, follow and like us on Soundcloud, Twitter and LinkedIn too! "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER). Stay tuned for more great episodes every weekend! For our full schedule, please visit our Radio Show Schedule page and if you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 55 – Commissioner Sitton

In The Oil Patch radio show

Play Episode Listen Later Mar 14, 2016 59:02


Originally aired on 03/12/2016 Episode 55 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her cohost Alvin Bailey have quite the show lined up this week. To start things off, we have David Skinner, CEO of K. Carpenter Associates (KCA) and Leslie Shockley Beyer, President of the Petroleum Equipment & Services Association (PESA). David and Leslie take turns in explaining a little about themselves, their company and about the upcoming Houston Energy Breakfast. This will be the first time Leslie is a speaker at the Houston Energy Breakfast and for those of you who have never been, it's a great event hosted in Houston, Texas multiple times a year to bring together some of the brightest and most impactful individuals in the oil & gas industry. Get tickets to the Houston Energy Breakfast here: http://www.kca-us.com/houston-energy-breakfast/ Following David and Leslie is our great friend, Commissioner Ryan Sitton. Induced seismicity has been a hot topic amongst news and media outlets over the past couple of years and Commissioner Sitton offers his expertise on the subject. He explains how induced seismic events, while they have picked up recently in certain regions, don't have a direct correlation with hydraulic fracturing activities in the Eagle Ford Shale play. You'll have to stream the whole episode to get all the information! Learn more about Commissioner Sitton: http://www.rrc.state.tx.us/about-us/commissioners/sitton/. Let us know what you think about our shows on our Facebook page - Facebook.com/intheoilpatchradioshow. Be sure to share, follow and like us on Soundcloud, Facebook, Twitter and LinkedIn! "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every weekend! For our full schedule, please visit our Radio Show Schedule page and if you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 34 - Justine Hall & David Blackmon

In The Oil Patch radio show

Play Episode Listen Later Oct 1, 2015 27:00


-Originally aired on 09/26/2015- Episode 34 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley have two very special guests to share some important updates with us. Justine Hall is the Director of External Affairs for the South Texas Energy & Economic Roundtable, better known as "STEER". Justine, like Haley Curry from our past episode, is really excited to give us more details about their upcoming Eagle Ford Excellence Awards. She explains that as long as the link is live on their website, you can still nominate deserving companies for this prestigious industry award. Being that it's their third annual celebration doesn't take away from the fact that companies are vying to take home an award in one of the four main categories: Community & Social Investment, Environmental Stewardship, Safety Performance, and the STEER Impact Award. As we stated earlier, nominations are still live so go to STEER's Eagle Ford Excellence Awards page to get your nomination in today! From STEER's website: "The South Texas Energy & Economic Roundtable (STEER), based in San Antonio, Texas, serves as the bridge connecting the oil and natural gas industry to South Texas communities. STEER will work to ensure that all stakeholders throughout the Eagle Ford Shale region are able to effectively maximize opportunities in a responsible and collaborative way. "STEER was established by 11 of the largest operators in the Eagle Ford Shale region including: Anadarko, Chesapeake Energy Corporation, ConocoPhillips, EOG Resources, Lewis Energy Group, Marathon Oil, Murphy Oil, Pioneer Natural Resources, Shell, Statoil and Talisman Energy. "These operators saw a need in South Texas to maintain a cohesive and collaborative stakeholder relations effort throughout the Eagle Ford Shale and developed STEER to lead that initiative. "STEER facilitates and coordinates communication, education and public advocacy surrounding the production of energy resources in South Texas. As an organization, STEER aims to ensure development of the Eagle Ford’s energy resources is accomplished in a manner that is mutually beneficial to the industry and communities throughout South Texas." Learn more about STEER: http://steer.com Next up, we have David Blackmon, former writer for Forbes back in the studio! David does what he does best - sheds light on interesting and complicated topics in an easy-to-understand manner. The EPA, the Export Ban and the Obama Administration are just a few topics that David covers in this podcast and you don't want to miss this episode! Stream the entire episode below and don't forget to follow us on all social media platforms. Share, follow and like us on Soundcloud, Facebook, Twitter and LinkedIn! "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every weekend! For our full schedule, please visit our Radio Show Schedule page and if you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 32 - Chairman David Porter

In The Oil Patch radio show

Play Episode Listen Later Sep 14, 2015 27:03


-Originally aired on 09/12/2015- Episode 32 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley bring in the Chairman of the Texas Railroad Commission, David Porter, back into the studio. Porter explains the role of the Texas Railroad Commission, their mission and the reason they've kept the name after all these years. From the Texas Railroad Commission's website: What is the Eagle Ford Shale? The Eagle Ford Shale is a hydrocarbon producing formation of significant importance due to its capability of producing both gas and more oil than other traditional shale plays. It contains a much higher carbonate shale percentage, upwards to 70% in south Texas, and becomes shallower and the shale content increases as it moves to the northwest. The high percentage of carbonate makes it more brittle and “fracable”. The shale play trends across Texas from the Mexican border up into East Texas, roughly 50 miles wide and 400 miles long with an average thickness of 250 feet. It is Cretaceous in age resting between the Austin Chalk and the Buda Lime at a depth of approximately 4,000 to 12,000 feet. It is the source rock for the Austin Chalk and the giant East Texas Field. The name has often been misspelled as “Eagleford”. A great picture can be found at the Energy Information Administration (EIA) http://www.eia.gov/oil_gas/rpd/shaleusa9.pdf which shows the structural contours and windows for the oil, wet gas/condensate and dry gas. There were 2,521 producing oil leases on schedule in 2013; 1,262 producing oil leases on schedule in 2012; 368 producing oil leases on schedule in 2011; 72 producing oil leases in 2010; and 40 producing oil leases in 2009. There were 2,418 producing gas well on schedule in 2013; 875 producing gas well on schedule in 2012; 550 producing gas wells in 2011; 158 producing gas wells in 2010; and 67 producing gas wells in 2009. History of the Eagle Ford It is named for the town of Eagle Ford, Texas where it can be seen on the surface as clay soil. Eagle Ford, Texas is approximately 6 miles west of Dallas, Texas. An outcrop of the Eagle Ford Shale can be seen in the Dallas-Fort Worth Metroplex. Wikipedia shows a nice picture of the outcrop of the Austin Chalk and Eagle Ford shale at the following link http://en.wikipedia.org/wiki/File:Austin_Chalk_-Eagle_Ford_Contact.JPG Petrohawk drilled the first of the Eagle Ford wells in 2008, discovering in the process the Hawkville (Eagle Ford) Field in La Salle County (District 1). The discovery well flowed at a rate of 7.6 million cubic feet of gas per day from a 3,200-foot lateral (first perforation 11,141 feet total vertical depth) with 10 frac stages. Originally, there were 30 plus fields, however, due to field consolidations, the number of fields has been reduced to currently 22 active fields (with 17 inactive) located within the Railroad Commission Districts 1 thru 5 and the fields cover 26 counties. The wells in the deeper part of the play deliver a dry gas, but moving northeastward out of District 1 and updip, the wells produce more liquids. One of the fields discovered in District 2 is actually an oil field (Eagleville (Eagle Ford)). The major operators joining Petrohawk in drilling the Eagle Ford Shale Play are Anadarko, Apache, Atlas, EOG, Lewis Petro, Geo Southern, Pioneer, SM Energy and XTO to name just a few. Learn more about the Texas Railroad Commission: www.rrc.state.tx.us "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! If you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 31 - Chairman Porter & Cecil Johnson

In The Oil Patch radio show

Play Episode Listen Later Sep 8, 2015 34:29


-Originally aired on 09/05/2015- Episode 31 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley bring in the newly appointed Chairman of the Texas Railroad Commission, David Porter. Chairman Porter breaks down important issues pertaining to the oil & gas industry including the EPA's new regulations, the possibility of lifting the Export Ban here in the United States and he talks about the Obama Administration's role in all of this. From his humble beginning as an accountant from Midland to paving new paths with oil regulation, Chairman Porter has just about seen it all and our exclusive interview puts the industry into a brand new perspective for you. Stream the episode to get all the information! From the Texas Railroad Commission's website: "Chairman David Porter was elected statewide by the people of Texas in November 2010 to serve a six-year term as Railroad Commissioner and was unanimously elected by his fellow commissioners to serve as Chairman in June 2015. Chairman Porter has a strong and proven record of principle-driven free market, conservative leadership for Texas. "Upon taking office in 2011, Porter created the Eagle Ford Shale Task Force, the first of its kind at the Texas Railroad Commission, to establish a forum that brings the community together to foster a productive and forward-looking dialogue regarding drilling activities in the Eagle Ford Shale. The Task Force is comprised of local community leaders, elected officials, industry representatives, environmental groups, and landowners. The goal of the group is to open the lines of communication between all parties involved, establish recommendations for developing the Eagle Ford Shale, and promote economic benefits locally and statewide. "In recognition of his foresight and leadership, Porter was named “Man of the Year” by The Oil & Gas Year, Eagle Ford, Texas 2013. He has also been recognized by Shale Oil & Gas Business Magazine and Unconventional Oil & Gas Magazine for his proactive efforts to implement policies that allow industry to safely, efficiently, and economically produce the energy that is needed to support Texans and the Texas economy." Learn more about the Texas Railroad Commission: http://www.rrc.state.tx.us Also on the show, we have Cecil Johnson of High Touch Technologies for our Business Spotlight segment. Cecil is a veteran in the I.T. world and he gives us a rundown of what High Touch is all about. Whether it's hardware, software or cloud/browser driven solutions you need, High Touch Technologies delivers results backed by their 100% employee-owned brand. From High Touch Technologies' website: "Creating reliable, efficient rent-to-own software wasn’t the only way High Touch pioneered. An early adopter of the Software as a Service model, we not only provided software but also upgrades and technical support as part of the package. Customers knew that High Touch would be there when they needed them. High Touch and its employees anticipated customers’ broadening technological needs. And our expertise broadened with them: Web development. Security from spam, viruses and other threats. Managed IT solutions. Unified communications systems of phones, email and computers. Cloud computing. Colocation of servers. Mobile devices and apps. Custom programming for legacy systems." Learn more about High Touch Technologies: http://hightouchtechnologies.com "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! If you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 30 - David Blackmon & Haley Curry

In The Oil Patch radio show

Play Episode Listen Later Aug 30, 2015 27:03


-Originally aired on 08/29/2015- Episode 30 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley have another great show lined up for you! David Blackmon is an expert in the oil & gas industry with over 30 years of experience and he is one of our resident experts on the show. Blackmon extends his opinion that the oil & gas industry, while in a slight decline, is showing promise in many areas. He affirms that the Export Ban, being the extremely controversial topic that it is, can turn around the economy as well as the entire oil & gas industry if lifted. The Environmental Protection Agency, Iran, OPEC and the Obama administration are all topics Blackmon won't shy away from in this interview. Haley Curry from the South Texas Energy & Economic Roundtable (STEER) talks about her organization's third annual Eagle Ford Excellence Awards and how you can nominate a deserving company or organization for one of many coveted award categories. The award nominations deadline is approaching on September 10th, 2015 at 5:00 pm CST so act now before it's too late! Learn more about the Eagle Ford Excellence Awards and nominate a company here: http://steer.com/efea/ From STEER's website: "STEER represents the 16 largest operators in the Eagle Ford Shale region and focuses on facilitating communication and the enhancement of the industry and the communities in which they operate. STEER stands by its commitment to protect and preserve the health of the environment, communities and individuals in our South Texas communities. "The Eagle Ford Excellence Award recipients will be recognized as a leading organization throughout the oil and gas industry as well as the entire Eagle Ford Shale region. These organizations set the standard in being a good corporate citizen and STEER is honored to provide a forum to recognize companies who make it their priority." "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! If you have any questions for our experts, please email them to radio@shalemag.com.

In The Oil Patch radio show
In The Oil Patch: Episode 29 - J. Bruce Hughes

In The Oil Patch radio show

Play Episode Listen Later Aug 25, 2015 27:00


-Originally aired on 08/22/2015- Episode 29 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley bring Bruce Hughes into the studio to hear him explain the amazing things his organization has done. What organization you ask? The Eagle Ford Shale Community Development Program! Hughes is the Project Manager for the Eagle Ford Shale Community Development Program, but he does more than what his title entails. He is a hardworking visionary that cares about the impact the Eagle Ford Shale play has had on communities in the South Texas region. The program is slated to last at least three years and will cover Atascosa, Bee, Bexar, Dewitt, Dimmit, Duval, Frio, Gonzales, Jim Wells, Karnes, Kinney, La Salle, Live Oak, Maverick, McMullen, Medina, Nueces, San Patricio, Uvalde, Webb and Zavala counties. The goal of the program lies within the name - to develop and sustain the communities which the Eagle Ford Shale play encompasses. Hughes goes into more interesting details than I can reveal here, so stream the episode and enjoy! From the Eagle Ford Shale Development Program's website: "The Institute for Economic Development has been awarded a grant from the U.S. Economic Development Administration (EDA) to fund a three-year program, the Eagle Ford Shale Community Development Program (EFSCDP). It will provide communities in South Texas with planning services, research, and workshops to explore and develop strategies for creating a vibrant and sustainable economy for the future. The EFSCDP will help communities make sound decisions about how to react to predictable changes in EFS business activity in order to promote sustainable economic progress by: increasing community capacity, developing strategic plans, improving leadership, and sharing best practices within South Texas rural communities being directly and indirectly impacted by the Eagle Ford Shale (EFS) oil and gas activity. The Institute for Economic Development refers to this innovative approach as “strategically-sequenced” economic development." You can learn more about the Eagle Ford Shale Community Development Program at: http://efscdp.org "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER) and the Kahlig Auto Group. Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! If you have any questions for our experts, please email them to expert@shalemag.com. Photo credit: twitter.com

In The Oil Patch radio show
In The Oil Patch: Episode 26 - Eddie Martinez

In The Oil Patch radio show

Play Episode Listen Later Aug 5, 2015 26:59


-Originally aired on 08/01/2015- Episode 26 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley have Eddie Martinez, the General Cargo & Information Representative at the Port of Corpus Christi. Eddie explains that the Port of Corpus Christi is ranked number five in the nation. He's expecting the Port to be ranked number four very soon due to the plethora of commerce that sails in and out of the Port on a daily basis. The Port's mission is to leverage commerce and drive prosperity, and with people like Eddie that allow the day to day operations to run as smoothly as they have been, the growth rate of the Port should come as no surprise. Eddie also tells our listeners what can be brought in and out of the Port, how the operations are funded, economic development and sustainability in the Eagle Ford Shale region and how many countries come in and out of the Port on a monthly basis. From the Port of Corpus Christi's website: "All Port Commissioners have served without pay and, over the years, except for $5,300,00 in bonds paid through ad valorem taxes for certain improvements, the Port has acquired and owns many millions of dollars of Port facilities. In 1985 a bond issue of $25,000,000 was approved for Navy Homeport facilities. Except for the "Homeport" tax bonds, all other tax bonds have been paid many years ago. "Although the statutes under which the Navigation District was organized and operates authorizes the voters to authorize a tax for operating the Port and for maintaining its facilities and although many Ports have such a tax, the citizens of Nueces County have never asked for such authorization. Except for tax bonds issued to construct facilities as above mentioned, the Port has been self-supporting. "Said another way, Nueces County Navigation District No. 1 (now the Port of Corpus Christi Authority of Nueces County, Texas) is unique in Texas political history, not only because of the relatively few in number of the Port Commissioners who have served over the 75 years of its life but because it has been self-supporting from its inception. The District has never had a tax for operations. It owns over 21,000 acres of land, of which approximately 16,000 acres is submerged land, 8 cargo docks an 11 oil docks worth millions of dollars, and, except for the Homeport bonds, has only issued $5,300,000 in tax bonds." You can read more about the Port of Corpus Christi at: http://www.portofcc.com "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER). Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! Photo credit: Port Corpus Christi

In The Oil Patch radio show
In The Oil Patch: Episode 14 - Commissioner David Porter

In The Oil Patch radio show

Play Episode Listen Later May 14, 2015 27:04


-Originally aired on 05/09/2015- Episode 14 of "In The Oil Patch" This week on "In The Oil Patch": host Kym Bolado and her co-hosts Alvin Bailey and Roy Holley have a very influential and important guest in the studio - none other than Commissioner David Porter. Porter has been in the oil and gas industry for years and came from a very humble beginning as a CPA services provider for oil and gas companies in Midland, Texas. In this interview, Porter gives his opinion on House Bill 40 (HB40) and how he believes it served to clarify existing law for everyone in the state of Texas. He goes on to explain his thoughts on a sensible, balanced energy plan including his stance that we should lift the ban on exports of U.S. crude oil. Porter never fails to impress us with his logic and intellect when it comes to regulating the oil and gas industry. Another special guest from the South Texas Energy & Economic Roundtable (STEER) joins us today. Haley Curry, the Vice President of External Affairs of STEER talks to us and Commissioner Porter about how her organization helps with the regulation of the oil and gas industry. She explains the impact of being the conduit of communication between the industry and the surrounding communities. This is important because without STEER, people in the Permian Basin and Eagle Ford Shale play may not realize how focused the industry is on safety and improving the conditions for workers and communities. On our "Ask The Expert" segment this week, Alvin Bailey (Kahlig Auto Group) asks pertinent questions about the oil and gas industry to our resident expert, Omar Garcia (STEER). Omar gives us a look into the future of the oil and gas industry by explaining that there's still a lot of oil well drilling activity happening throughout the Permian Basin and Eagle Ford Shale play, contrary to recent media coverage. He talks about the cyclical nature of oil prices, adapting to this change in barrel prices and how jobs will continue to be created and thrive in the region. We can't reveal all the details here, so stream the episode to get all the information! "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER). Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm! If you have any questions for our experts, email us at expert@shalemag.com. Photo credit: shalemag.com

In The Oil Patch radio show
In The Oil Patch: Episode 5 - Dr. Tom Tunstall

In The Oil Patch radio show

Play Episode Listen Later Feb 27, 2015 24:45


-Originally aired on 03/07/2015- This week on "In The Oil Patch": host Kym Bolado and her co-host Roy Holley bring economic heavy-hitter Dr. Thomas Tunstall onto the show. Dr. Tunstall talks about the economic impact the Eagle Ford Shale play has on South Texas and how it has transformed poverty-stricken areas into affluent communities in a modest timeframe. This is definitely an episode you want to tune-in to if you are interested in the oil industry! "In The Oil Patch" is brought to you by SHALE Oil & Gas Business Magazine and proudly sponsored by the South Texas Energy & Economic Roundtable (STEER.com). Stay tuned for more great episodes every Saturday night at 10pm CST on KTSA 550am and 107.1fm!

GHG and Carbon Management
Fracking Makes Climate Change Easier

GHG and Carbon Management

Play Episode Listen Later Nov 3, 2014 54:38


Don reports observations from a public comment meeting hosted by the U.S. Environmental Protection Agency on the subject of the proposed Clean Power Rule. Michael and Don discuss the boom in hydraulic fracturing, also known as fracking, and some of the implications as we think about climate change. We love listener feedback and ideas. Email us at podcast@ghginstute.org . (Photo: drilling rig in the Eagle Ford Shale, Texas, 2013 by Don Bain)