Stephen Rassenfoss

The Canadian Government has stopped funding the Trans Mountain Pipeline, whose future will depend on private investors.

The enrollment trend in petroleum engineering programs continues downward, but a big increase in oil prices has resurrected thoughts of past enrollment booms.

Drillers are feeling good about higher oil prices, but only to a point.

Russia is looking like a riskier spot for big service companies to do business, but they are not rushing to get out.

High oil prices will mean more spending on workovers to eke out more oil and gas from older wells. The amount will depend on finding those willing and able to do that tricky work.

The price of natural gas always drops when winter weather ends, but maybe not this year.

Oil companies would have to pay a premium for the hardware and services needed for rapid expansion. But is that likely?

Hitting the next well during fracturing happens all the time. Predictably doing that on a large scale in granite looks a lot harder.

How do you make new money from old offshore fields? The choice between investing in older assets or decommissioning them depends on oil and gas prices, the ingenuity of technical people, and the willingness of a company’s executives to hold on to older assets.

A major variable in the life of a progressing cavity pump is the knowledge of those choosing and operating pumps that have their quirks.