by robertbensh | Feb 21, 2019 | blog, Oil and gas, Uncategorized
Venezuela’s oil industry has seen a few downs over the years, but the country has housed one of the world’s biggest oil reserves for the better part of its existence. The last few years in Venezuela have seen economic collapse as well as changes in...
by robertbensh | Jan 30, 2019 | blog, Oil and gas, Uncategorized
Whether you support the oil industry and natural gas drilling or not, it’s important to separate the truth from fiction. Much of what goes around news and media outlets, as well as social media, is simply not true. In order to better grasp the reality of these...
by robertbensh | Jan 24, 2019 | blog, Oil and gas, Uncategorized
When you think of oil, you think of Texas. The state is one of the largest oil producers in the nation. Since 1999, Texas has more than doubled its oil production. In 2015 alone, Texas produced 106 million barrels of oil. Thanks to this unexpected boom, the U.S. has...
by robertbensh | Dec 27, 2018 | blog, Oil and gas
Those familiar with the oil and gas industry are well aware of the massive discovery published by the United States Geological Survey (USGS) in November. The USGS report alluded to more than “46 billion barrels of oil, 280 trillion cubic feet of gas, and 20 billion...
by robertbensh | Dec 27, 2018 | blog, Oil and gas
2018 is drawing to a close and companies everywhere are excited for a new year full of opportunities and potential. They are completing year-end analyses, revising their budgets, and preparing to make the most of whatever lies ahead. With these things in mind, oil...
by robertbensh | Dec 27, 2018 | blog, Oil and gas
Welcome to the continuation of my series on common terminology used in the oil and gas industries. Last month, we focused specifically on vocabulary that is often referenced by or in front of the public. This month, let’s take a look at some terms that are typically...