Thanks for tuning in to Episode 102! This week was a busy one in oil and gas. Merger & Acquisition activity has broken all records in Oil & Gas and it looks like 2017 is just getting warmed up. Trump has an “America First Energy Plan” but what is Energy “Independence”? Do newly released emails reveal EPA Chief Scott Pruitt’s “Dirty Dealings” with the industry? Exxon revises down oil and gas reserves by 3.3B barrels. Total is carving a new path for integrated oil and gas companies by diversifying into renewable energy. Citi Group states that refracks clearly work. An astonishing 70% of oil and gas companies have been hacked at some point in time and what companies need to consider moving forward. Artificial intelligence & machine learning in oil and gas a reality or pipe dream?
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Weekly Rig Count
As of 2/20/2017 – The American Rig count is +3 for the week at a total of 754 active rigs.
Redwing Has A Winner!
Colin Beasley, Well Engineer with Denbury Resources, you’re this week’s winner! Congratulations & please send us a picture when it arrives!
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