We took a couple weeks off for the holidays, but nevertheless, welcome back to The Link-Up, your weekly rundown of our favorite stories from the past seven days in the oil and gas industry!
An energy consulting firm named Rystad Energy believes that demand will continue growing throughout the 2020s and most of the 2030s, before peaking late in that decade. What happens after that? Who cares, we'll all be dead, right?
National Law Review
You remember a couple months back, we talked about this guy who was negotiating leases, didn't get paid for it, but still lost in court because he wasn't a licensed real estate agent? Ouch, right? Well, Ohio governor John Kasich thought that wasn't super cool, and now we have a new law exempting landmen from real estate licences, provided they meet a set of manageable criteria. The system works. Sometimes.
They're just filing papers in courts, not blowing things up, settle down hero. Regardless, they are rather annoyingly tying things up with respect to the Atlantic Coast Pipeline, which remains pretty heavily gridlocked.
In maybe the biggest fight in Colorado since Prop 112 (which, okay, was like two months ago), the Colorado Supreme Court has reversed a lower court ruling that said that the Colorado Oil & Gas Conservation Commission should give more weight to health, safety, and the environment when consideration applications for new drilling.
We hit this story way back in October when it was still pretty new, if you need more.
Grand Junction Daily Sentinel
One of my absolute favorite things about all of this is the tech side of things, so this story, about the Colorado Oil & Gas Conservation Commission (yes, the same one that's recently been kicked around in court) planning to use drones to facilitate data collection, primarily during the reclamation process, caught my attention. Necessity is the mother of invention, as they say, and it's really cool to see how that necessity borne of attempting to undertake massive operations with limited manpower tends to drive things forward.
Towards the end of the article, it's mentioned that drone technology can be and is used in other forms of inspections, like checking pipelines for leaks. Hopefully they don't make the pipeline sniffing dogs obsolete though. Maybe the dogs can be drone pilots.
We don't talk about Haynesville a ton on here, but our operations manager here is from Louisiana (David, you've met him before), so I'm sure he'll appreciate an occasional link to the happenings there. And the happenings are good, thanks to improved prices and a robust export market.
Thanks for reading!