Joint Venture in the Works for Top US Energy Companies

The energy industry has been very interesting to watch lately with all of the new global developments. Many companies are moving forward in the energy industry with innovative ideas and ventures. It is exciting to see all of these new companies flourish and it is even more exciting to see these companies join forces to usher in a new era in the energy markets. There are companies that are really rising to the top in the energy sector, and it is great to see these companies bring in new developments in the world of energy.

Privately owned gas producer, Cunningham Energy based in West Virginia, is teaming up with BE Resources in a joint venture that is sure to create some positive market movement in the future. This joint venture is being created to acquire 425 acres of oil fields in West Virginia. This will not only prove to be financially rewarding for the companies involved in this joint venture, but it will also be rewarding for the individuals and local economies involved with the sale of this land. There is a lot of land to be purchased, and it is sure to bring somewhat of an economic boom to those who are living in these areas of West Virginia.

To comply with joint venture policies, these companies will have to release news each 30 days describing the new activities that are going on in the organization. This will help the general public to have more of an opinion of this newly formed joint venture. These regulations are in place to not only keep the joint venture in check, but to also give the general public an opportunity to create their own views upon what is taking place in their local community.

It seems as though this new joint venture is creating a lot of buzz in the local communities of West Virginia, and also in energy sector. Needless to say, this joint venture is moving forward with great momentum, and many great things are still yet to come. This joint venture will create new opportunities in the local communities of West Virginia, while also giving a breath of fresh air into the somewhat stale energy marketplace.

Categories: Economy
Jan
27

Riverstone Will Raise Funds For New Energy Vehicles

Riverstone Holdings is setting up an energy debt fund to help combat the recent drop in oil prices. In fact, oil prices have dropped so much that the energy markets have completely closed up to new ventures. There is no way for people to confidently invest in new energy ventures unless those ventures are in new energy.

Riverstone Holdings has chosen to raise up to $7.5 billion to see if they can move the markets in a better direction. The fear of lowering oil prices is causing many energy companies to wonder if they need to move to renewable energy now before it is too late. There are oil fields closing or reducing their operations all over the world due to this drop in prices, and this could lead the world to renewable energy faster than expected.

As Riverstone looks to raise all this money, they are intent on making certain that they have options outside of watching their resources dry up with the lowest oil pries that we have seen in decades. Riverstone hopes to guide its partners in ways that will help all of them to improve their position in the market. There are many companies that must make changes if they want to survive this downturn in oil prices.

This is the first big initiative from a major energy company, and it will likely not be the last. There are many ways for companies to recover from these low prices. Everyone knows that the oil prices will trend upward again, but no one can guarantee that they will ever be as high as they once were. Energy companies are going to have to change their ways if they want to become solvent for many years to come.

When Riverstone Holdings takes in this credit, they will be able to help stabilize the energy markets. The energy markets are fluctuating every day, and this assistance will change the way that people approach the business of energy. New energy and renewable energy are going to become the new standards, but first credits like these must go through to assist faltering companies.

Categories: Energy
Jan
26

Eliminating Bed Bugs before they become too Cozy

Bed bugs were the last visitor that I thought would ever spend a night or what turned out to be a couple nights in my home. I have always heard about bed bugs and thought about them on my first night at a hotel, but I never thought I would ever come into contact with them.

My husband surprised me and got a new mattress for our bed since I am constantly complaining about how uncomfortable our old mattress was.

He failed to mention that the mattress was used. I typically have nothing against used items, but when we both woke up with bed bugs all over our bodies; I had a little vengeance towards used items. Turns out that the former owner wasn’t the cleanliest, I am hoping that they didn’t know the mattress had bed bugs before they sold it to us.

When you have small children whose hobbies consist of crying, crying and even more crying, the last thing you additionally want is tiny red dots ALL over your body. Am I right or am I right?

In between itching my arms and legs, I decided to find out some information on bed bugs. Turns out that bed bugs tend to hide in small crevices like carpets or mattresses. This was certainly the case. Everything I read led me to believe that the best way to eliminate bed bugs was to have a professional termite and pest control company come and do it.

Since we caught the bed bugs early on, we decided to use the most basic form of bed bug treatment, which was thermal remediation. Essentially the terminators used a heat treatment that was so strong that the bed bugs and their eggs were eliminated.

Categories: Environment
Jan
20

South Dakota Officials Plan To Frame New Rule to Stop Spread of Invasive Species

From: AustrianTribune.com:

It has been found that officials in South Dakota are trying hard to make some moves in order to slow the spread of invasive species in the waterways. As of now, the South Dakota Game Fish and Parks Commission has proposed several regulations to prevent introduction of the invasive species and also to slow the spread of existing populations.

As per one of the suggested proposals, the conservation officers will have to remove the vegetation and all aquatic invasive species from a boat and trailer. The officer will also have to require all drain plugs and related devices be opened or removed from boats when being transported.

In another part of the plan, the department secretary will place restrictions on a body of water when an invasive species is found.

It has been informed that the GFP commission will finalize the proposal on March 5 or 6 during its meeting in Pierre after taking comments.

The state Game, Fish and Parks Commission has said it wants a strong strategy developed for protection against aquatic invasive species such as zebra mussels and quagga mussels spreading in South Dakota’s public waters.

According to one commissioner, Gary Jensen of Rapid City, the response might go as far as to require roadside inspections at the state borders of trailer boats being pulled into South Dakota.

The species could have been mistakenly carried by vegetation and water in boats that have been present in the infected water bodies.

Jensen called for GFP’s fisheries staff to study the topic in greater depth, including analysis of other states’ programs. The commission has finally agreed Thursday to give staff the directions.

The commission has even agreed with the fisheries staff’s recommendations to propose new aquatic invasive species regulations.

Read the full story here

Categories: Environment
Jan
20

Environmentally Sound Drilling in Big Injun Sand Formation

Cunningham Energy, an independent, oil exploration and drilling company, has recently announced plans to expand on their horizontal drilling through the Lion Paws project. The company has determined to drill four new horizontal wells in West Virginia’s Clay County. These new wells will be aimed at the Big Injun Sand formation which is located in the Union district of the county.

Cunningham Energy, an energy company dedicated to efficient energy production, plans on using the effective and advanced components of horizontal drilling to tap into previously unused portions of the formation, while maintaining environmental conditions as well as promoting the proliferation and continuation of the economy in the area. Their dedication to improving the usage of the Big Injun Sand formation, without undo environmental disturbances, will assist in the continued growth of the United States gas and oil industry and ensure America holds its’ own in the specific field throughout the globe.

Horizontal drilling allows the company to not only hit the formation with minimal environmental effects, but also enables a high stimulation effect on the reserves which can encourage a higher output then that of vertical drilling. Areas within the Big Injun that have previously been unable to produce due to area, geology, or other issues; can easily be drawn with this advanced drilling technique. Not only is horizontal drilling an effective method, it also enables Cunningham Energy to reach a vast area of the formation by drilling from a single pad, thus creating a lesser effect on the environment while reaching maximum producing capacity. Through advances, drilling horizontally also allows rigs to have a higher production rate when dealing with low permeability products. This then allows everything to be used in the area, saving on time, money, as well as environmental effect.

Through their dedication to the environment as well as the production of energy efficient resources, Cunningham Energy is forging ahead of the pack. The Lions Paw project will assist in not only providing essential resources to the country, it is also an excellent example of modern advances and the positive effect they have on the production of essential day to day components. Cunningham Energy is an excellent example of a company who works to conserve and protect the natural environment while meeting the demands of the global economy, as well as a high standard of ethic and business moral.

Categories: Environment
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Dec
04

Steps to Increase Energy Efficiency

In this world we have certain natural resources that we must use in our daily lives. Energy is something that we use every day. This energy can come from coal, natural gas, solar, wind, or nuclear resources. It is important that we are energy efficient in our daily lives. This will help us save on energy costs that may otherwise cut deeply into our budgets. Not only will this help individuals in their own personal lives, but as a whole will all be doing a great part to help the environment.

There are many different ways in which individuals, businesses, and organizations can help cut down on their energy costs. One of the most common types of energy conservation begins with lighting fixtures. If you are unnecessarily leaving lighting fixtures on in your business, home, or school, you will find that your energy costs will be much more that if you were turning your lights off whenever possible. This is especially true for businesses and schools. Where there are many lights, you must make sure that these lights are not accidentally left on overnight. This will greatly raise the costs of your energy bill.

When you are looking at your energy costs, you will find that your heating and cooling make up a big portion of this cost. When you are looking for ways to cut down on your energy costs, cutting down on your heating and cooling can be a great way to cut down on these costs. There are many natural ways to cool and heat your home. Using these natural ways will keep you from having to use your heater and AC as often. During the warm summer months, take advantage of cool breezes and open your windows. This can naturally cool off your home or business. This is true as well for bright shining light that can radiate heat through windows during the colder months. Open your blinds to allow for the sun to heat up your home during the colder months.

There are many more great ways in which you can cut down on energy costs, but these are a few easy ones that you can take into action to help save on your energy bills. Working with an energy conservation company like Cenergistic can help you save on energy costs in your home, school or office. In any case, raising awareness and understanding your own personal energy usage is a smart first step.

Categories: Energy
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Oct
20

Drought Study in California

From ScienceRecorder.com:

A new NASA study found that 1934 hosted the driest and most widespread drought of the last 1,000 years in North America. The complete research findings appear in the Oct. 17 edition of Geophysical Research Letters.

The study used a reconstruction of North American drought history based on a tree-ring-based drought record from the years 1000 to 2005, in addition to modern records. Scientists from NASA and Lamont-Doherty Earth Observatory found the 1934 drought was 30 percent more severe than the runner-up drought in 1580, and extended across 71.6 percent of western North America. In comparison, the average extent of the 2012 drought was 59.7 percent.

“It was the worst by a large margin, falling pretty far outside the normal range of variability that we see in the record,” said climate scientist Ben Cook at NASA’s Goddard Institute for Space Studies in New York.

The researchers found that two sets of conditions led to the severity and extent of the 1934 drought. First, a high-pressure system in winter sat over the west coast of the United States and turned away wet weather. This pattern is similar to that which occurred in the winter of 2013 to 2014. Second, the spring of 1934 hosted dust storms that suppressed rainfall.

“In combination then, these two different phenomena managed to bring almost the entire nation into a drought at that time,” said coauthor Richard Seager, professor at the Lamont-Doherty Earth Observatory of Columbia University in New York. “The fact that it was the worst of the millennium was probably in part because of the human role.”

Click here to read the full story.

Categories: Environment
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Oct
20

Termites: The Silent Predators

Termites can cause significant damage to one’s home if not treated properly. They are social creatures, making it easy for an infestation to quickly get out of hand within a short period of time. In fact, they live in colonies that can grow to be quite large. If an in-home termite infestation is not caught early on, the consequences can be detrimental. That being said, it is always recommended to contact a pest control professional to provide an effective http://www.connorspest.com/pest-control/termites termite control treatment, if you suspect an infestation.

Living creatures need food and termites are no different. An infestation is caused by this same premise. Termites enjoy feeding on wood, books, drywall coverings, bookshelves, boxes and other items found in the home. Therefore, it is no surprise that homes serve as the perfect grounds for termite colonies to call their own.

Infestations typically occur in one of two ways:

The first of these ways is through winged reproductive sent from a healthy termite colony to start a new one. As soon as they find a suitable habitat, the new colony will begin. This can be especially unnerving if your home is the suitable area for them to start a new colony.

The second way a termite infestation will occur is through the aforementioned search for food. When foraging for food, there are a number of different ways these tiny creatures make their way in a structure. Whether it be through mud tunnels or a crack in the pipes, it doesn’t take much of an opening for these insipid creatures to make way in your home.

The home is an important asset for a plethora of reasons. And as it should be a sanctuary for peace, there is nothing worse to ruin that state but by a termite infestation. Owning a home requires a large investment and termites can severely damage that investment.

Termite infestations lead to billions of dollars of damage http://www.pestworld.org/find-a-pest-control-professional/pest-faqs/termites/ in structures all across North America and are a threat that should not be taken lightly. These creatures are at work, around the clock, unknowingly destroying your home. If you have a notion that an infestation is occurring within your home, it is important that you hire a termite and pest control professional to survey your home and remove the unwanted house guests as soon as possible.

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Oct
14

Efficient Drilling Techniques Drive Production Increases in the U.S.

The United States runs on oil. Oil is used in so many applications that life without it would be nearly unrecognizable. Gasoline amounts for nearly 2/3 of all oil consumption in the United States. With this in mind, it is unsurprising that for years the United States has been dependent on foreign oil. This reliance has left the United States incapable of effectively regulating gas prices, and has been an ongoing source of frustration.

This could all change, however, with the help of an innovative drilling technique known as horizontal drilling. Horizontal drilling has not only steadily increased drilling efficiency, but has improved the yield of existing basins. As the name implies, horizontal drilling allows operators to drill horizontally rather than vertically through rock formations. This ensures amplified rock contact and, unsurprisingly, serves to maximize returns from wells.

Furthermore, horizontal drilling reduces environmental impact, as multiple vertical wells can be replaced by a single horizontal well. A reduction in the number of wells being drilled means fewer emissions, less water use, and reduced damage to the land itself. The importance of this more eco-friendly approach to drilling is two-fold. In addition to the immediate benefits to the environment, this technique is also partially responsible for lowering greenhouse gas emissions in the United States.

The second process that has revolutionized oil production in the United States is hydraulic fracturing, also known as ‘fracking’. Hydraulic fracturing is used to stimulate a new or existing well in order to increase production. This process is completed using pressurized fluid. The fluid is generally composed of a mixture of chemicals, sand and water. When injected into a wellbore, this fluid creates cracks in the rock, or in some cases expands existing cracks. These fissures allow oil to flow more freely and increase well productivity exponentially.

These innovative techniques have vastly increased production of oil in the United States. The methods previously used to drill for oil were much less effective. The combination of horizontal drilling and hydraulic fracturing has increased both productivity and efficiency. If this level of production continues, the United States could find themselves independent from foreign oil companies. Increased production would also allow the United States to influence and stabilize the global market.

Energy companies like Cunningham Energy are at the forefront of this revolution. As an independent explorer and producer of oil and gas, Cunningham Energy is dedicated to acquiring and producing oil in the most effective and efficient manner. In order to meet this standard of productivity, they use both hydraulic fracturing and horizontal drilling in the exploration, acquisition and production of oil and natural gas.

Categories: Energy
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Oct
10

Why oil prices will be ‘robust’ long-term: Shell CEO

The decline in the price of oil has been one of the most prevalent stories in financial markets this year. But Ben van Beurden, chief executive of Shell, the world’s second-biggest listed energy company, is confident that oil will return to “very robust” pricing in the long-term.

He told CNBC: “We see prices being very robust over the longer term, for fundamental reasons of growth in prosperity and demand. It’s harder to find oil and more difficult to develop it, so I still see a very robust outlook.”

Oil prices on all main indices have been driven lower this year by concerns about slowing economic growth, a strong U.S. dollar and higher production than some expected. On Wednesday, the daily basket price for Organization of Petroleum Exporting Countries (OPEC) stood at $88.32 a barrel, down from 89.37 the previous day.

“In the short term, we have a trading strategy to inoculate ourselves from the swings,” van Buerden said.

Shell’s oil and gas business is also affected by sanctions against Gazprom, its partner in developing Russian shale oil, as part of Western penalties imposed on Russia over Ukraine. Last week, it suspended work on one of its joint ventures with the Russian energy giant.

Continue to the rest of the article…

Source: cnbc.com

Categories: Energy,Environment
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Oct
10