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Despite generating nearly one third of all United States renewable energy, hydropower is in need of an update. @engineeringcom shares three ways 3D printing could upgrade hydropower. ⬇️
https://t.co/BVWyr9Oh6x
Don't forget that stakeholders have until this Friday, May 26, to provide input to the @txrrc on the agency's draft Oil and Gas Division Monitoring and Enforcement Plan for Fiscal Year 2024 -- find more information on the plan and how to comment here: https://t.co/URIx0T5fPu.
Courtesy of @SPEtweets: @EnverusEnergy shows how upstream M&A cooled in Q1 2023, however, a ‘surprising resurgence’ took place in the #EagleFord as buyers looked to secure the play’s mature assets https://t.co/GzTutrMSUB
Texas Upstream Oil & Gas Activity Cools in Q1: Reaching its post-COVID high in Jan. (179.9), the Texas Petro Index declined in Feb. (179.1) & March to finish the quarter at 177.8. This is still up 16% from the March 2022 TPI. @karringham
https://t.co/k7QwGhU5Gj
#TXEnergy#Oil
Our 2023 survey revealed that #oil & #gas pros are more positive about their business outlooks year over year:
· Positive or very positive: 58% (51% in 2022)
· Neutral: 26% (20% in 2022)
· Negative or very negative: 17% (29% in 2022)
https://t.co/6m1YShUOUv
#energy#oilandgas
Happy San Jacinto Day! Today marks the 187th anniversary of the battle where Texas won its independence from Mexico. Gen. Sam Houston's Texian army defeated the Mexican army of Gen. Antonio Lopez de Santa Anna on April 21, 1836.
https://t.co/WW43zxDYx3
#Goliad#Alamo#Texas
With uncertainty of the global economy and a potential recession or stagflation, now is a time when many investors are looking to diversify their portfolio and get away from the stock market.
Oilfield facing loss of key tax deductions. TIPRO’s President said the proposal to eliminate IDCs “would not only severely limit the capital available to independent producers, it illustrates policymakers’ flawed understanding of this tax code provision.” https://t.co/CdFFkImKk6
Orphan wells are <1% of all producing wells in Texas.
An "orphan well" is inactive, unplugged, & has not produced oil or natural gas for at least 12 months.
“Abandoned wells" are no longer productive & have been properly “plugged” by an operator.
https://t.co/wILpJg7bJI
New employment data highlighted today by @T_I_P_R_O shows there were nearly 12,000 active unique jobs postings for the Texas #oilandgas industry in the month of February, indicating continued demand for available talent and energy workers: https://t.co/CaGJ3hRueP. #TxEnergy
This week, I had the opportunity to testify before the House Energy Resources Committee on all we’re doing at the @TXRRC and the state of the oil and gas industry across our state. Thank you, Chairman @GoldmanCraig and Vice Chair @moralesfortexas, for the invitation. #txlege
The Alliance is proud to support H.R. 1! We greatly appreciate Congress’ willingness to swiftly take concrete steps to enhance domestic - esp. Texas - #energy production and innovation to power America, lower costs, and increase our national security.
https://t.co/hqsdxtSWEe
"We want to incentivize production here at home and restore American energy independence so that we will never rely on our adversaries for energy." Rep. @AugustPfluger on the GOP energy act & his bill to repeal the #methane tax (1/4) via @OdessaAmerican https://t.co/QQ3wbQQLI7
Happy St. Patrick's Day from the EnergyFunders team! We doubt 'ol Ben was thinking about oil and gas when he delivered this gem, but we love that it speaks to the due diligence of our team, which has led to the success of our funds. We'd be lucky to work with you, so let's talk!
Exports of U.S. crude in 2022 up 22% from 2021. Top destinations: South Korea, the Netherlands, the UK, and Canada. European buyers increased purchases by 41% from 2021 to substitute Russian supply. https://t.co/4NEDEQ0sqP
#oil#gas#natgas#energy