Environmental Partnership celebrates 2nd anniversary | Tech is transforming the oil and gas workforce | Investors OK Energy Transfer's bid to purchase SemGroup
December 6, 2019
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News for the oil and natural gas industry
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Environmental Partnership celebrates 2nd anniversary
The Environmental Partnership, an initiative to curb the oil and natural gas industry's methane emissions, entered its second year recently and now counts 70 companies among its members, up from 26 members initially. Program director Matthew Todd touted the partnership's achievements so far, including the release of its first annual report, and said one goal is to expand beyond the three performance areas the program currently focuses on.
Midland Reporter-Telegram (Texas) (12/5) 
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Industry News
Tech is transforming the oil and gas workforce
The digitalization and automation of the oil and natural gas industry is starting to disrupt roles, with tech workers and job titles such as data scientist, user experience designer and agile coach becoming ever more common as blue-collar jobs become obsolete. Companies like Enbridge and Baker Hughes are counting on tech pros to streamline operations and boost profits.
Houston Chronicle (tiered subscription model) (12/5) 
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Investors OK Energy Transfer's bid to purchase SemGroup
Shareholders of SemGroup on Thursday voted in support of Energy Transfer's bid to acquire the Oklahoma pipeline company in a deal worth $5 billion. The takeover will increase Energy Transfer's pipeline network with crude oil gathering assets as well as crude oil and natural gas liquids pipelines in Colorado's Denver-Julesburg Basin and Anadarko Basin of Oklahoma and Kansas.
Houston Chronicle (tiered subscription model) (12/5) 
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Chevron CHRO: Don't play favorites
Chief HR officers should "be viewed as neutral" within the leadership team, says Rhonda Morris, Chevron's chief human resources officer. "I have had to come to peace with the fact that, every day, somebody is not going to happy with me," she says.
LinkedIn (12/3) 
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Oil-producing nations to further cut output
OPEC members and other oil-producing countries have agreed to reduce production by an additional 500,000 barrels per day, bringing the total to 1.7 million barrels per day, until the end of the first quarter, Russian Energy Minister Alexander Novak says. "We really do see some risks of oversupply in the first quarter due to lower seasonal demand for refined products and for crude oil," he says.
Reuters (12/5) 
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Exploration & Production
Permian slump to play in favor of Marcellus, Utica gas drillers
An anticipated drop in Permian Basin activity will open a window of opportunity for producers in the Marcellus and Utica shales to meet demand for natural gas liquids after 2024, John Powell of Crestwood Equity Partners said at the Marcellus Utica Midstream Conference. Powell says the region has sufficient NGL pipeline capacity, but more fractionation capacity is needed.
The Business Journals (tiered subscription model) (12/5) 
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Canada seen significantly boosting oil production by 2040
Oil production in Canada is expected to surge by almost 50% by 2040 to cross the seven-million-barrel-per-day mark despite weakening demand, according to the Canada Energy Regulator's energy outlook. Meanwhile, natural gas output will likely grow by more than 30% over 2018 levels to surpass 20 billion cubic feet per day, driven by the "potential for LNG exports," the CER said.
S&P Global Platts (free registration) (12/5) 
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Featured Content
Sponsored content from Deloitte
The Eagle Ford basin playbook: Focusing on capital efficiency
The past 10 years have seen many changes in the Eagle Ford—from one of the fastest-growing shale basins to a drastic fall in production and, finally, a recovery of sorts. While several Eagle Ford operators have enhanced their production, what more can they do to operate optimally in the basin?
US shale revolution playbook
Deloitte's four-part article series statistically decodes the evolution and progress of the shale boom by analyzing more than 80,000 horizontal shale wells spread across the US. Explore the series.
Policy Watch
EPA exempts refiners, coke producers from bonding requirements
The Environmental Protection Agency has proposed eliminating bonding requirements to cover potential pollution cleanups under the Superfund program for petroleum refiners and coke manufacturers. "After a thorough evaluation, EPA has determined that the petroleum and coal manufacturing industry's current practices, along with existing federal and state regulations, adequately address potential financial risks to the federal government and American taxpayer," EPA Administrator Andrew Wheeler said.
E&E News (free content) (12/5) 
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Special from the Shale SmartBrief
EIA: Bone Springs formation a key driver of Permian production growth
The Energy Information Administration has released updated maps and geologic information for the Bone Spring formation in the Delaware Basin. Thanks to hydraulic fracturing and horizontal drilling, the number of wells in the Bone Spring formation increased from 436 in 2005 to 4,338 in mid-2019, while oil production per well skyrocketed from 67 barrels per day to 770 bpd over the same period.
U.S. Energy Information Administration (12/4) 
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API Update
API Significant Standard Webinars
In these on-demand webinars, you'll get an overview of the documents, their history, products, content and requirements. These webinars also summarize the key changes that make the current edition different from the previous edition. Available webinars include API Spec 6A 21st Edition, API Spec 5L 46th Edition, API Spec 5CT 10th Edition, API RP 755 2nd Edition, and API RP 2001 10th Edition. To learn more and to register, visit www.apilearning.org.
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EVENT | Emergency Response Forum: Public/Private Partnerships, Dec. 10-11, Pasadena, Texas
Public-private partnerships enhance hazard mitigation, preparedness, response and recovery programs in communities by pooling of resources, know-how and expertise. Join us on Dec. 10-11, 2019 to discuss practices, share learnings and explore how preparedness efforts in both the public and private sectors may be further supported.
Learn More.
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