All Discussions Tagged 'Republicans' - GoHaynesvilleShale.com2024-03-28T21:51:15Zhttps://gohaynesvilleshale.com/forum/topic/listForTag?tag=Republicans&feed=yes&xn_auth=noFine: Washington DC and oil and gas, Part 2 by Dr. Daniel Finetag:gohaynesvilleshale.com,2016-01-27:2117179:Topic:35757862016-01-27T02:45:59.366ZRobert Johnsonhttps://gohaynesvilleshale.com/profile/RobertJohnson228
<p><a href="http://www.daily-times.com/story/opinion/columnists/2016/01/24/fine-washington-dc-and-oil-and-gas-part-2/78875210/" rel="nofollow" target="_blank">http://www.daily-times.com/story/opinion/columnists/2016/01/24/fine...</a> <--For the complete article use this link/</p>
<p><em>Editor's note: This is the conclusion of a two-part article by Daniel Fine. The first appeared on Dec. 28 in The Daily Times' Energy magazine.</em></p>
<p>A measure lifting the crude oil export ban was…</p>
<p><a href="http://www.daily-times.com/story/opinion/columnists/2016/01/24/fine-washington-dc-and-oil-and-gas-part-2/78875210/" target="_blank" rel="nofollow">http://www.daily-times.com/story/opinion/columnists/2016/01/24/fine...</a> <--For the complete article use this link/</p>
<p><em>Editor's note: This is the conclusion of a two-part article by Daniel Fine. The first appeared on Dec. 28 in The Daily Times' Energy magazine.</em></p>
<p>A measure lifting the crude oil export ban was approved by Congress in December. OPEC and Saudi Aramco entered the price war against American high-cost shale production in September 2014. This war has consisted of counter strike or retaliation options from the beginning.</p>
<p>Consequently, the congressional “deal” lowered the Brent and WPI price of oil by 6 percent in December. Advocates of lifting the crude oil ban were silent or indifferent. Where are they now?</p>
<p>At least 60,000 barrels were sold to a Swiss trading company by one of the advocate oil producers. We must wait for a first quarter report for details on the pricing and impact to cash flow. Simply put, was the money spent on studies and lobbyists profitable? Highly unlikely.</p>
<p>The year 2016 has opened with both Brent and WPI prices in virtual convergence at 2008 trading lows. OPEC does not expect recovery oil prices (2010-2014 levels) until 2040 which almost coincides with the Paris objectives of reducing fossil fuels. Meanwhile, the San Juan Basin is active with forced asset sales.</p>
<p>The big energy banks will face stress tests soon which explore price scenarios in relation to oil trading positions and loans to oil and gas producers. Smaller banks, the traditional source of small oil explorers and producers credit will face more severe determinations of debt.</p>
<p>The OPEC price war for market share continues. Some $200 billion of capital expenditure among the shale or light tight oil American producers has been lost. There is still weak demand, oversupply, and Chinese </p> New Mexico Governor Martinez unveils energy plan as oil and gas, nuclear experts gather for summittag:gohaynesvilleshale.com,2015-09-16:2117179:Topic:35390092015-09-16T05:10:13.048ZRobert Johnsonhttps://gohaynesvilleshale.com/profile/RobertJohnson228
<p>For the complete article use this link--> <a href="http://www.foxbusiness.com/markets/2015/09/14/new-mexico-governor-unveils-energy-plan-as-oil-and-gas-nuclear-experts-gather/" target="_blank">http://www.foxbusiness.com/markets/2015/09/14/new-mexico-governor-unveils-energy-plan-as-oil-and-gas-nuclear-experts-gather/</a></p>
<p>ALBUQUERQUE, N.M. – Oil and natural gas won't be the only game in town under a new state energy policy unveiled Monday by Republican Gov. Susana…</p>
<p>For the complete article use this link--> <a href="http://www.foxbusiness.com/markets/2015/09/14/new-mexico-governor-unveils-energy-plan-as-oil-and-gas-nuclear-experts-gather/" target="_blank">http://www.foxbusiness.com/markets/2015/09/14/new-mexico-governor-unveils-energy-plan-as-oil-and-gas-nuclear-experts-gather/</a></p>
<p>ALBUQUERQUE, N.M. – Oil and natural gas won't be the only game in town under a new state energy policy unveiled Monday by Republican Gov. Susana Martinez.</p>
<p>"New Mexico is one of the most energy-rich and energy-diverse states in the nation, and we have an excellent opportunity to utilize this position to grow our economy and create more jobs," Martinez said in a statement before detailing elements of the plan during an annual energy summit in southeastern New Mexico.</p>
<p>The plan calls for an all-of-the-above approach, not unlike the prescription being pushed at the federal level. It highlights the need for more infrastructure such as rail and transmission lines, storage options that could spur growth among solar and wind production and job training.</p>
<p>More than a year in the making, the plan stems from several listening sessions around the state. Some 450 people representing industry, state and local governments and other interests participated.</p>
<p>The plan includes dozens of recommendations and for the first time links energy production to the availability of water in arid New Mexico.</p>
<p>David Martin, secretary of the state Energy, Minerals and Natural Resources Department, acknowledged the continued importance of oil and gas development to the state's bottom line but said things are much different now than when New Mexico's last energy policy was adopted in 1991.</p>
<p>Martin cited the frustrations that come along with the cyclical nature of oil and gas and global pressures that are out of the nation's control. Earlier this year, state lawmakers saw the amount of new money available for spending on schools and other government programs slashed by tens of millions of dollars due to drops in the price of oil.</p>
<p>Martin said the hope is that the new policy will help protect against volatility in one market or another.</p> Leading energy expert Dr. Daniel Fine to give breaking news keynote @Panhandle Producers and Royalty Owners Association conference Amarillo 9/23tag:gohaynesvilleshale.com,2015-09-10:2117179:Topic:35371192015-09-10T02:21:13.806ZRobert Johnsonhttps://gohaynesvilleshale.com/profile/RobertJohnson228
<p>For the article --> <a href="http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0" rel="nofollow">http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0</a></p>
<h2>Amarillo to host PPROA event</h2>
<div id="byline"><div id="writer">By <a href="http://m.amarillo.com/authors/karen-smith-welch" rel="nofollow">KAREN SMITH WELCH</a></div>
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<p>A New Mexico energy policy expert will headline the 86th annual gathering of Panhandle Producers and Royalty…</p>
<p>For the article --> <a href="http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0" rel="nofollow">http://m.amarillo.com/news/local-news/2015-09-04-0?v=#gsc.tab=0</a></p>
<h2>Amarillo to host PPROA event</h2>
<div id="byline"><div id="writer">By <a href="http://m.amarillo.com/authors/karen-smith-welch" rel="nofollow">KAREN SMITH WELCH</a></div>
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<p>A New Mexico energy policy expert will headline the 86th annual gathering of Panhandle Producers and Royalty Owners Association.</p>
<p>The event will take place Sept. 22 to 24, with sessions at Amarillo Civic Center Complex and events at the Cactus Gun Club and Ross Rogers Municipal Golf Course.</p>
<p>PPROA serves as an advocate for oil and gas producers, mineral royalty owners and industry support companies in the Texas Panhandle, western Oklahoma and southwestern Kansas.</p>
<p>Dr. Daniel I. Fine, associate director of the New Mexico Center for Energy Policy, a research arm of New Mexico Tech, and Texas Land Commissioner George P. Bush will be featured speakers on Sept. 23.</p>
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<p>Fine is a senior policy analyst in the New Mexico State House and his resume includes stints as a policy advisor on nonconventional oil and gas in the administration of President George W. Bush and as a research associate at the Massachusetts Institute of Technology’s Mining and Minerals Resources Institute.</p>
<p>“I’m going to make a special announcement about a policy recommendation that could change the supply and demand for oil dramatically to benefit southwest U.S. producers,” Fine said Friday.</p>
<p>“Let me just say that (much), and I’m reserving that for Amarillo.”</p>
<p>Fine said the information he will release is set against the backdrop of the “open price war against southwest and U.S. shale (oil) production. I’m going to break it down in terms of the history of the price war, the objectives of Saudi Arabia, and the current condition of world oversupply.”</p>
<p>The talk also will cover policy issues involved in the current situation, as well as contain his analysis of the consequences of the proposed nonnuclear proliferation treaty between the United States and Iran and “the re-entry of Iran in the world oil market and its impact on price and U.S. production,” Fine said.</p>
<p>The schedule for Sept. 23 will include a keynote luncheon speech by Texas Land Commissioner George P. Bush.</p>
<p>A forum is also planned featuring state Sen. Kel Seliger (R- Amarillo), state Reps. Four Price (R-Amarillo) and Ken King (R-Canadian), Texas Railroad Commissioner Ryan Sitton, Texas Alliance of Energy Producers Chief Counsel Gloria Leal, and Texas energy advocate Luke Legate, a PPROA news release said.</p>
<p>The convention will open on Sept. 22, with sessions about the battle for minerals and surface rights in the Texas Supreme Court by Houston lawyer John B. Thomas and a “WOTUS or Bogus” presentation from speaker John Tintera about the U.S. Environmental Protection Agency’s Waters of the United States rules.</p>
<p>Tinterra is former executive director of the Railroad Commission of Texas, a regulatory expert and licensed geologist.</p>
<p>The Sept. 24 activity is a golf tournament at the Ross Rogers course.</p>
<p>PPROA has about 640 members and its conventions regularly draw 200 to 300 participants, Executive Vice President Judy Stark said.</p>
<p>For a convention schedule and registration details, visit www .<span class="skimlinks-unlinked">pproa.org</span> or call the association office at 806-352-5637.</p> Industry touts major Mancos Shale play Estimates point to 6B barrels of recoverable oiltag:gohaynesvilleshale.com,2013-04-10:2117179:Topic:29063902013-04-10T00:10:10.319ZJohn Brownhttps://gohaynesvilleshale.com/profile/JohnBrown126
<p>By <a href="http://durangoherald.com/apps/pbcs.dll/personalia?ID=ecow">Emery Cowan</a> Durango Herald staff writer</p>
<div><p class="articleText"><span class="dropcap">F</span>ARMINGTON – The San Juan Basin could be headed toward a renaissance in natural-gas and oil drilling if rosy expectations touted by industry officials at Monday’s San Juan Basin Energy Conference hold true.</p>
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<div><p class="articleText">“In the southern part of the basin, the Mancos play has the potential to…</p>
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<p>By <a href="http://durangoherald.com/apps/pbcs.dll/personalia?ID=ecow">Emery Cowan</a> Durango Herald staff writer</p>
<div><p class="articleText"><span class="dropcap">F</span>ARMINGTON – The San Juan Basin could be headed toward a renaissance in natural-gas and oil drilling if rosy expectations touted by industry officials at Monday’s San Juan Basin Energy Conference hold true.</p>
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<div><p class="articleText">“In the southern part of the basin, the Mancos play has the potential to revitalize declining San Juan Basin oil production and also has a tremendous amount of future gas production in the northern part of the basin,” said Ron Broadhead, a principal petroleum geologist with the New Mexico Bureau of Geology and Mineral Resources.</p>
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<div><p class="articleText">The conference, which drew about 500 attendees from across the nation to San Juan College, was the first to have a dedicated focus on the Mancos Shale, which stretches across the northwestern part of New Mexico and into southwestern Colorado.</p>
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<div><p class="articleText">After years of declining production in the San Juan Basin, companies are eyeing the shale play for both natural-gas and oil potential because of advances in hydraulic fracturing and horizontal drilling technologies that have helped operators unlock shale gas and oil across the nation.</p>
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<div><p class="articleText">“It’s reasonable that the Mancos Shale could be a really, really good shale play in the San Juan Basin,” said Darryl Williams, the vice president of subsurface for BP North America Gas Exploration and Production Co.</p>
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<div><p class="articleText">Other presenters were more direct.</p>
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<div><p class="articleText">“I’m bullish on the Mancos, we’ve already seen a number of wells drilled that are economic,” said T. Greg Merrion, president of Merrion Oil and Gas. “I’m looking forward to this next boom.”</p>
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<div><p class="articleText">With natural-gas prices hanging around $4 per thousand cubic feet, many conference speakers focused on the oil-producing window of the shale play located in the southern San Juan Basin.</p>
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<div><p class="articleText">The play has been estimated to contain up to 60 billion barrels of oil, about 10 percent of which is expected to be recoverable, according to estimates by Encana and Daniel Fine, a senior energy analyst with the New Mexico Center for Energy Policy.</p>
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<div><p class="articleText">The possibility of a resurgence had some speakers proclaiming the beginning of a new era of economic prosperity for northwest New Mexico.</p>
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<div><p class="articleText">“These are happy times again,” former U.S. Senator Pete Domenici said. For more of the article go to ---> <a href="http://durangoherald.com/article/20130318/NEWS01/130319558/0/News01/Industry-touts-major-Mancos-Shale-play">http://durangoherald.com/article/20130318/NEWS01/130319558/0/News01/Industry-touts-major-Mancos-Shale-play</a></p>
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