scholarly journals The Ever-Protruding Stick in the Bundle

2014 ◽  
Vol 2 (1) ◽  
pp. 79-106
Author(s):  
Andrew D. Lewis

In Texas, water is on everyone’s minds. Between a raging drought, an expanding oil and gas industry, and a whirring media machine, Texans find themselves in great conflict on how to maintain a tradition and a booming industry while conserving the very resource that allows their presence in the first place: water. Water has become an important part of oil and gas exploration, and this fact has kept it well within the reach of those who lease the mineral interests. Texas law promotes such exploration by granting these lessees the rights to the reasonable use of the land’s subsurface water so that they may be able to pursue their mineral interests. The limitations to this right loom large, however, as this right may begin to appear, in the minds of legislators, landowners, and the public-at-large, as not so reasonable. Existing Texas common-law limitations to this implied right may provide the door through which public interests slip into the traditional analyses and allow the interests of the landowner, the public, and the oil and gas industry to be served. This Comment suggests that changes in common law, regulations, and social and environmental trends portend broader interpretations of the limitations to Texas’s implied right of reasonable use of the surface. Specifically, this Comment suggests that the analysis provided by one limitation, the Accommodation Doctrine, may be the path by which Texas courts find that the oil and gas industry should accommodate public interests as well as specific surface-owner interests when pursuing their mineral rights.

1999 ◽  
Vol 39 (1) ◽  
pp. 622
Author(s):  
R.A.D. Wright

Acceptance by governments and the public is crucially important for high profile oil and gas exploration and production companies. Many people are pre-disposed against such companies because the environmental and social impacts of their activities are perceived to outweigh the benefits. Leading multi-nationals such as the Royal Dutch/Shell Group have seen the benefits of a recent concerted effort to engage their stakeholders. Shell and other multi-nationals are using public environmental reporting as a means of better communicating their performance. Public environmental reporting has been slow to be adopted in Australia but there may be advantages for oil and gas companies in Australia to be seen to be leaders in this field rather than laggards, particularly with the advent of compulsory public reporting as required by the National Pollutant Inventory.


2021 ◽  
pp. 251484862110614
Author(s):  
Holly Jean Buck

Can fossil-based fuels become carbon neutral or carbon negative? The oil and gas industry is facing pressure to decarbonize, and new technologies are allowing companies and experts to imagine lower-carbon fossil fuels as part of a circular carbon economy. This paper draws on interviews with experts, ethnographic observations at carbontech and carbon management events, and interviews with members of the public along a suggested CO2 pipeline route from Iowa to Texas, to explore: What is driving the sociotechnical imaginary of circular fossil carbon among experts, and what are its prospects? How do people living in the landscapes that are expected to provide carbon utilization and removal services understand their desirability and workability? First, the paper examines a contradiction in views of carbon professionals: while experts understand the scale of infrastructure, energy, and capital required to build a circular carbon economy, they face constraints in advocating for policies commensurate with this scale, though they have developed strategies for managing this disconnect. Second, the paper describes views from the land in the central US, surfacing questions about the sustainability of new technologies, the prospect of carbon dioxide pipelines, and the way circular carbon industries could intersect trends of decline in small rural towns. Experts often fail to consider local priorities and expertise, and people in working landscapes may not see the priorities and plans of experts, constituting a “double unseeing.” Robust energy democracy involves not just resistance to dominant imaginaries of circular carbon, but articulation of alternatives. New forms of expert and community collaboration will be key to transcending this double unseeing and furthering energy democracy.


RSC Advances ◽  
2019 ◽  
Vol 9 (58) ◽  
pp. 33733-33746
Author(s):  
Zhifeng Luo ◽  
Nanlin Zhang ◽  
Liqiang Zhao ◽  
Lin Wu ◽  
Pingli Liu ◽  
...  

Oil and gas exploration and development extends from medium-low temperatures to high and ultra-high temperatures with the development of the oil and gas industry.


2019 ◽  
Vol 59 (3) ◽  
Author(s):  
Peter Bennett

In this era of technological disruption, when many industries are fighting to stay relevant, the oil and gas industry seems to be stagnant. It is in this environment where public perception of the modern industry is becoming more critical and as younger consumers grow in both number and political influence, their viewpoints will become especially vital to the continued relevance of the industry. The oil and gas industry gives itself high marks for innovation, safety and environmental sustainability, and yet the public opinion in these areas is often portrayed very negatively. We have an image problem. The belief that oil and gas is good for society seems to decline with each younger generation. The public believes the industry is necessary for society, though they still see it as a problem causer, not a problem solver. But support for the industry falls with each generation and millennials are more likely to believe the industry is bad for society and a problem causer. The oil and gas industry needs to communicate and engage with consumers to identify ways to better understand their motivations and concerns. Clearly there is a gap in how the public and executives view the industry and the time to address these perceptions is now. To view the video, click the link on the right.


2014 ◽  
Vol 2014 (1) ◽  
pp. 26-30
Author(s):  
Patricia Maggi ◽  
Cláudia do Rosário Vaz Morgado ◽  
João Carlos Nóbrega de Almeida

ABSTRACT Brazil has performed an important role in the oil and gas industry mainly because its offshore E&P activities. The volume of oil produced in offshore fields had increased 88% in the last decade and correspond to more than 90% of national production. The maritime Exploration and Production (E&P) operations in Brazil started in the middle of the 1970's. In 1981 a law was promulgated to establish a compulsory environmental permit to many activities, including oil and gas exploration and production activities. Although this regulation has existed for over 25 years, only in 1999 was it effectively brought into force to the E&P sector, with the creation of the oil and gas specialized office integrated to the Intituto Brasileiro de Meio Ambiente e Recursos Naturais Renováveis – IBAMA (Brazilian Federal Environmental Agency). On January 2000 Brazil faced one its worst oil spills, in Guanabara Bay. A broken pipeline owned and operated by Petrobras spilt 1300 tone of bunker fuel into Guanabara Bay, Rio de Janeiro. At that time, Brazil had no clear environmental scenario regarding the oil industry in Brazil: uncoordinated environmental regulations, debilitated environmental agencies and a relapse industry took part in the scenario. As a result of the repercussion of the disaster, in the same year was enacted the Federal Law 9966/2000, the so called “Oil Law”, on the prevention, control and inspection of pollution caused by the releasing of oil and other harmful substances in waters under national jurisdiction. The provisions of the Law 9966 included, among other things, the requirement for the notification to the competent environmental authority, the maritime authority and the oil regulating agency, of any incident which might cause water pollution. Although IBAMA receives the oil spill communications since 2001, only in 2010 the Agency began to include this information in a database. This paper discusses the offshore oil spill data received between 2010 and 2012.


2020 ◽  
Vol 4 (2) ◽  
pp. 102
Author(s):  
Edwarsyah Edo ◽  
Seger Handoyo ◽  
Maria Eko Sulistyowati

One of the biggest challenges in the oil and gas industry in the upstream sector is sustainable of oil and gas exploration and exploitation activities to keep the field in continuous production. Successful exploration and production activities cannot be separated from the ability and management of human resources in the company. The company requires professional and high qualifications workforce in managing upstream oil and gas business activities that have characteristics of high capital, risk and technology intensives. This research was conducted with the aim of compiling an employee development system through training with the Appreciative Inquiry approach. The research method is qualitative using the stages of 4D Appreciative Inquiry. The results showed that the Appreciative Inquiry approach could bring out the positive strengths and core-values that exist within the organization, and make a commitment from the organization to do better in terms of employees training and development.


2016 ◽  
Vol 56 (2) ◽  
pp. 571
Author(s):  
Stuart Trundle ◽  
Anne Probert

As pressure mounts for oil and gas companies to demonstrate tangible value to the communities in which they operate, there is a growing imperative for groups to actively engage with the industry and its operators. Regions who partner with the industry to identify and implement initiatives that leverage the investment can see very real economic and social gains from hosting oil and gas exploration and production. Venture Taranaki, the regional development agency for New Zealand’s only commercially producing oil and gas region, has been part of such a successful partnership in that area. They have worked extensively in the space between the industry and the community to maximise the benefits to the region. In doing so they have helped position Taranaki as a force in New Zealand’s economy, and it has developed initiatives that demystify and demonstrate the industry’s value to their community stakeholders, extending this momentum across the oil and gas supply chain. Its commercially neutral services have also advanced collaboration among the companies, fostered collective promotion of their capabilities, and assisted with management of demand-supply challenges in relation to project and shutdown planning. In this extended abstract the authors give an insight into their experiences, lessons for other regions, and proposals to further advance the industry-community relationship.


1991 ◽  
Vol 31 (1) ◽  
pp. 494
Author(s):  
Catherine A. Hayne

Oil and gas exploration and production opportunities in the United States represent possibilities for investment by Australian petroleum companies in the 1990s. This paper focuses on the unique characteristics of the oil and gas industry, and is intended as an entrepreneurial guide to some of the practical business and tax issues which corporate executives will confront when proposing to do business in the United States. It provides a detailed examination of the key issues, but, due to the complexity of United States and Australian laws, this paper should not be used as a substitute for detailed advice.


2020 ◽  
Vol 19 (2) ◽  
pp. 359-373
Author(s):  
O.V. Shimko

Subject. The article analyzes assets of the largest public companies operating in the oil and gas industry from 2006 to 2018, like ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum, Devon Energy, Anadarko Petroleum, PAO Gazprom, PAO NK Rosneft, PAO LUKOIL, and others. Objectives. The aim is to make a comprehensive statistical analysis of changes in absolute values and the structure of assets in the public sector of the oil and gas industry. Methods. The study employs methods of statistical analysis and generalization of materials of official annual reports based on the results of financial and economic activities of the largest public oil and gas corporations. Results. Using the comprehensive analysis of balance sheets of 25 oil and gas companies, I determine changes in the size and structure of assets in the public sector of the industry, and establish the main factors that contributed to this transformation. Conclusions. The findings revealed an increase in the book value of assets in the majority of leading public oil and gas companies. Large mergers and acquisitions and agreements for new field developments also contributed to the increase. The study established that the protracted industry crisis resulted in reducing the proportion of current assets in order to release funds for revenue increase. That was why oil and gas companies sought to accelerate the collection of receivables, primarily by means of trade component. It was also determined that they channeled a part of funds thus collected to short-term financial investments.


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