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The Federal Reserve Bank of Dallas’ quarterly survey of operators and service companies shows an industry still confident in its near-term growth prospects. However, concerns remain about a number of issues, ranging from the steel tariffs to crude oil price differentials in the Permian. Energy activity has shown solid expansion, but to increase drilling, companies need a higher average oil price compared to last year’s surveys, reflecting a steady increase since 2Q and 4Q in 2017. The ability to find workers and limited pipeline capacity could limit near-term growth. Aggressive drilling growth in the Permian and other shale plays belies the cost of those wells, which in many cases are in the red.
This year marks the 100th anniversary of the invention of the hard hat, one of the most recognizable pieces of safety equipment in the world. The US Occupational Safety and Health Administration, the National Institute for Occupational Safety and Health, the State of North Dakota, and the Bakken Basin Safety Consortium have signed an alliance to protect employees and promote safety and health in the oil and gas industry. The National Institute for Occupational Safety and Health is collaborating with partners in industry, government, academia, and labor and with other stakeholders to achieve successful and sustainable outcomes to improve worker safety and health across the oil and gas extraction industry. The tool, called the Field Analysis of Silica Tool, works with commercially available Fourier-transform infrared analyzers to determine a worker’s exposure to respirable crystalline silica dust, providing detailed results immediately following a worker’s shift. Millions of workers are exposed to noise in the workplace every day and, when uncontrolled, noise exposure may cause permanent hearing loss.
Environmental advocates say some of America's most iconic species are getting squeezed under policies intended to boost American energy dominance. Trump administration officials counter that they are taking reasonable steps to protect wildlife while opening up public lands to more drilling. The US Interior Department on 7 August launched an overhaul to an Obama-era plan to protect sage grouse that it says aims to preserve the species of bird while expanding opportunities for oil development in western states where they live.
OSHA requires construction and manufacturing businesses, among others, to complete and regularly update paperwork related to workplace safety. Do you know your company’s OSHA recordkeeping obligations? Although OSHA does not have a specific standard that covers working in hot environments, the Occupational Safety and Health Act requires places of employment that are "free from recognizable hazards that are causing or likely to cause death or serious harm." OSHA’s efforts to require employers to report occupational fatalities and certain injuries in a timely manner lack “sufficient guidance on how to detect and prevent underreporting,” the Department of Labor Office of Inspector General states in its semiannual report to Congress. To better protect workers exposed to respirable crystalline silica, OSHA has issued two new standards: one for construction and another for general industry and maritime.
On September 13, the Delaware River Basin Commission voted to begin the process to ban hydraulic fracturing near the river to protect the drinking water of 15 million people. A 7-year moratorium on natural gas development near the Delaware River would be replaced by a permanent ban under a proposal that’s being developed by the agency that oversees the water supply of more than 15 million people.
The new numbers for the Marcellus Shale and Point Pleasant-Utica Shale represent large increases from previous USGS assessments of both formations. Production and proved reserves in the Permian Basin’s Wolfcamp Shale and Bone Spring Formation are reaching new heights, and a new assessment from the US Geological Survey indicates the industry is just scratching the subsurface when it comes to what may be technically recoverable. Major oil discoveries by Armstrong Oil & Gas and ConocoPhillips have compelled the US Department of the Interior to reassess its estimate of undiscovered, technically recoverable resources in parts of Alaska. The list of the biggest gas plays in the US is being revised as the US Geological Survey creates new estimates based on additional drilling results and available rock samples. New at Number 2 is the Mancos Shale on the Western Slope of the Rockies with 66 Tcf in recoverable reserves.
The projects are designed to reduce technical risks in enhanced oil recovery and expand application of EOR methods in conventional and unconventional reservoirs. Twelve organizations—universities and private technology companies—will conduct research and development on emerging shale plays and technologies covering everything from digital pressure-sensing to smart microchip proppant.
The hydrocarbon sector is one of utmost importance to Nigeria’s growing economy. Ranked among the top 10 producers, the country’s hydrocarbon sector has remained the country’s primary source of revenue, leading to calls for a review of the workings of the sector. The momentous passage of the Petroleum Industry Governance Bill on 25 May 25 by the Nigerian Senate was heralded by many as a revolutionary step at creating a legal framework to address some of the perennial challenges that have plagued the oil and gas industry over the years. The American Society of Safety Engineers (ASSE), the world’s oldest professional safety organization, has crafted an “OSHA Reform Blueprint” that details its priorities and vision for the Occupational Safety and Health Administration (OSHA) in a time of political change.
Considering most of the rigs deal with human-machine interface systems, the role of human factors is at the heart of any successful operation. Eye-tracking technology can be useful in real-time operation centers where ocular movement data can improve the professionals’ performance. Environmentalists have sued a US agency to try to stop it from allowing oil and gas drilling on a vast stretch of federal land in Nevada, where the government is reversing protections put in place 9 months ago under the Obama administration. Two months after a Colorado home exploded near an Anadarko well, the reverberations are still rattling the oil industry, driving down driller shares and raising fears of a regulatory backlash. More than 100 members of Congress are urging the Trump administration not to open up the Atlantic or Pacific oceans for oil and gas drilling as part of the Interior Department’s review of federal offshore policies.