Brett Roper

Hey, Oil & Gas Producers: Let's skip the fluff. This app increases profit in your oil & gas production company by streamlining communication with the field to reduce downtime and increase production. Period. No clunky, overcomplicated, overpriced legacy software. No need to adopt new tactics or make changes to your operation. Just let me back up our claims with testimonials from independent operators. I know this sounds too good to be true. Trust me, I get it. However, none of this is a stretch when you think about how it works. We streamline communication between you and your pumpers, centralizing all info to improve production and keep things from falling through the cracks. In simple terms: (1) Greasebook enables pumpers to submit all production data through their smartphones at the well site, even without internet connectivity. (2) Greasebook gives you access to the status of each pumper and the performance of every well in your business. (3) This enables you to produce hydrocarbons more effectively than using text messages, phone calls, Excel sheets, or outdated software. When you do this: A. Waste in communication among your team is eliminated. B. Pumpers' performance increases because they know they're being held accountable. C. Your company can produce more oil and gas for less spend than others using outdated, expensive, and complicated systems. It's like having a production manager sit shotgun with your pumper to optimize production. Simple? Yes. Effective? Oh, YES!! And unlike having your production manager ride along, our app lets them maximize contributions from anywhere. We set everything up for you, build your wells, train your pumpers, and walk you through every step. Seriously, don't take my word for it. Every customer has 60 days to try us. If you don't see huge savings and streamlined communication, we pay you 2X what you spent. We have top producers in 22 oil and gas-producing states. With our 200% money-back guarantee, if we weren't doing something right, we'd be broke by now. Take 2 seconds to click this post and see how we can streamline your operations and turn your outfit into the most profitable version of itself. Most operators see results in just 1 week after starting the app. Without exaggeration, it could be the most cost-efficient thing you do this year. If this sounds interesting, click 'Learn More' and schedule a 5-minute 'Prove It' call here >> www.greasebook.com/vsl → Achieve results in less than 1 week. → "No-sweat" company set-up, turn-keyed by a Petroleum Engineer. → "Done for you" Pumper roll-out and training. → Unprecedented 60-day, 200% money-back guarantee. Schedule your 5-minute 'Prove It' call here >> www.greasebook.com/vsl

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It was big news last week that the Texas PUC received 125 applications for 56 GW of new gas-fired generation. The legislation behind the initiative—which appropriates $5B in state grants and low-interest loans to eligible plants—was intended to spur 10 GW of new gas-fired capacity on ERCOT. We've seen commentary about what the supposedly massive “oversubscription” means, with plenty of energy industry insiders hailing it as a consequential rebuttal to the massive buildup of renewables on the state's increasingly shaky grid. We're not so sure. The subsidized fund for gas-fired generation seems far from a solution to the grid’s large and growing problems. More likely, it's a political fig-leaf to cover up poor grid management by state leaders—that is, a way to say, “Don't blame us, we tried to fix it” should the system suffer catastrophic failure due to the non-performance of renewables. The truth is many of the same state politicians who championed this particular law have actually enabled the very situation on the grid they now supposedly decry. We say supposedly because, to be clear, there’s absolutely no *mea culpa* here—from anyone. We don't get those in the 2020s. We suspect analysis of political contributions from renewable energy interests to Texas politicians would show there’s too much in the way of donations flowing to the political class to expect they’d ever disallow more damaging renewables on the system. Again, we may be wrong on this point, but we doubt it. In time, we hope to do that analysis. Leaders in Austin seem determined to tempt fate in other ways as well. As reported by David Blackmon, Lt. Gov Dan Patrick is now referring to a “Texas Miracle”... presumably of economic growth and prosperity. Careful Sir, there are too many problems lurking on the Texas grid to be claiming miracles at this point. When it comes to the 125 applications for new gas-fired capacity, many questions remain. Certainly more honest and complete math needs to be done. Our sense is that honest analysis would show that Texas rate- and tax-payers are now effectively financing the kind of inefficient duplicate (backup) capacity critics of renewables have been warning about for years. The lack of public understanding of what’s going on as it relates to the Texas grid is also a concern. That’s because it limits the public’s ability to act as a governor in real time to politicians... and their policy makers and moneyed interests. Unable to punish politicians at the polls in advance of breaking our grid, it leaves only the regrettable option of punishing them after the fact. Our affection for Texas runs deep, but so does our concern over the direction of its grid. It’s time for a candid conversation about the state’s energy policies—one that acknowledges the true costs and challenges of a gratuitously pro-renewables approach and seeks solutions that ensure the resilience of the grid and the well-being of Texans. ⚡ 👀 #ercot #energytransition #energy

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In 2018, Mountain Valley Pipeline was originally scheduled to enter service, and my youngest daughter was born. Now the pipeline is complete, requesting FERC authorization to enter service...merely long enough for her to graduate kindergarten. 😂 Over the last few months at Rystad, we've been developing a midstream product (starting with Appalachia), mapping capacity positions along with connections between wells, gathering systems, processing plants, and transmission lines. So it was really gratifying to be able to use this to answer some key questions around MVP's in-service, like: --which gathering systems, processing plants, and transmission lines each MVP shipper is likely to source gas from, and from which producers (not just EQT!) --why MVP utilization is likely to be high even though Transco is constrained at Station 165 most days (and which other transmission volumes are likely to be backed off by MVP flows) --implications for Appalachian basis differentials Clients can access it at the link below, and we're developing some marketing material to allow prospective clients to see some of the insights and get updates as we continue developing this product. In the mean time, feel free to reach out to me, or see a quick map preview! https://lnkd.in/giWTgTj2

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Staggering Energy Consumption - Mineral Royalties - #energy #naturalgas #oilandgas Atlanta Airport vs. 14.6 million homes in a day! Robert Bryce recently reported that "The jets that fly through ATL use more energy per day than what’s used by 40,000 US homes in a year." https://lnkd.in/gRnUv9ih To put this into perspective, if my calculations are correct, the energy used by 40,000 homes in a year is equivalent to the energy used by 14,600,000 homes in a single day. This means that the energy consumption of Atlanta's airport in one day is astonishingly high. ChatGPT informed me that there are approximately 1,400,000 single-family residences (SFRs) in the Atlanta metropolitan area. Additionally, there are about 430,000 multifamily units (MFUs) in Metro Atlanta. On average, 2.4 MFUs consume the same amount of energy as one SFR, which equates to the energy consumption of another 179,200 SFRs. This brings the total average energy consumption in the Metro Atlanta area to about 1,579,200 SFRs. You could say that Metro Atlanta airport uses about 10 times more energy than all homes there. That does not include commercial businesses or hospitals. This is a massive amount of energy consumed every day. If you're interested in learning how to receive a monthly royalty income from raw energy, contact us now. Thank you! Visit our website. https://lnkd.in/gudyxG3m Listen to and like this video then Subscribe to this channel. Uncover ways to use Self Directed IRA and 1031 Exchange funds to purchase a mineral property. Do you have a strategy to protect your wealth from recession, inflation, stagflation, hyperinflation or the energy crisis? We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email. #oilandgasindustry #minerals #mineralresources This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.

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The WSJ Editorial Board writes, summer is two months away, yet the Texas power grid is already swooning. On Friday the Electric Reliability Council of Texas (ERCOT) asked power generators to postpone scheduled maintenance early this week “to help alleviate potential tight conditions” as temps rise into the not-so-sizzling 80s. The grid typically has excess power-generating capacity in the spring owing to mild weather. There’s also an abundance of solar and wind power. This is why plants go off-line for repairs in the spring to prepare for the summer when electricity use surges as people ramp up the air conditioning. Yet merely warm spring weather is now enough to push the Texas grid to the brink. Tuesday’s high is forecast to be 89 F in Dallas and 84 F in Houston. These temps shouldn’t force grid operators to break a sweat to keep the lights on, but they are. One culprit is skyrocketing electricity demand from population growth, new data centers and manufacturing plants. A surge in Bitcoin Inc. prices has also made cypto-mining more profitable. Many miners located servers in Texas because—get this—they can arbitrage grid crunches to get paid to reduce power usage. Data centers accounted for about 2.5% of US electricity in 2022 and are expected to make up more than 20% by 2030. Artificial intelligence is magnifying this demand. A web search uses less than one watt of power while an AI-powered search can require 100 watts. Training an AI search uses around 1,000 watts. The spring grid S.O.S. doesn’t augur well for the summer or the rest of the country. The past winter was one of the mildest on record, which eased the growing strain on the grid. Yet this summer is forecast to be one of the hottest, which means Americans will almost certainly be told to conserve power to prevent outages—i.e., don’t plan on plugging in your Tesla after getting home from work. One risk is that power-plant maintenance that is delayed or canceled will lead to more plants failing in the summer when they are needed. Better get that emergency generator while it’s still in stock. Our Take 1: Texas politicians have glibly claimed that Texas has the best of all worlds—strong economic growth, green renewables and low-cost energy. But in reality, they've aided and abetted the creation of one of the most on-the-cusp power grids in the nation. Our Take 2: Watch how power conservation by "good Texans and Texas businesses" in the form of "demand response" calls from Ercot will increasingly move to front and center in the state. Some will claim it to be a success. No, no. It should be seen for what it is—power rationing. And it stems directly from terrible energy policy in Austin and DC. ⚡⚡⚡ 😕 #ercot #texas #energy

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Hope you’ll check out Shale Magazine's new profile of yours truly by Tyler Reed to discuss the role API - American Petroleum Institute plays in setting #safety and #environmental standards in America, and increasingly throughout the world. API’s standards have recently been adopted in #India, #Ukraine and #Brazil as we build relationships across the globe to build energy supplies and export America’s environment progress. Having abundant natural #gas and #oil is an insurance policy against economic volatility and global unrest. As long as Washington views American energy abundance as a strategic asset, there will be a critical role for shale for decades to come. https://lnkd.in/exBnt6FU

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With natural gas prices being negative in the Permian, producers either have to stop producing oil and associated gas or....just vent and flare the methane. Guess which one they are deciding to do? "Operators drilling for oil in Texas are scrambling to dispose of their excess natural gas amid a supply glut and weak prices, prompting an uptick in flaring requests.The Railroad Commission of Texas (RRC), which regulates the state’s oil and natural gas industry, last week approved 21 exemption requests from operators, mostly in the Permian and Eagle Ford shale fields, to flare, more than four times the level it approved this time last year." "Producers, however, now face a dilemma with crude oil prices trading above $80 a barrel, but gas remaining depressed and in some places falling into negative territory." “We think that operators will basically use all the tools in their tool box to try and keep producing oil because the oil returns are pretty strong right now”, said Jason Feit, advisor to energy data provider Enverus. “Flaring is becoming more challenging everywhere, so I think that is something they are probably not wanting to do, but it would be preferable to shutting in any wells for sure”, he added."

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FERC approved two rules Monday, one that will require companies that produce and transmit electricity to weigh factors such as supply and demand over at least two decades and another that addresses permitting of critical projects in areas that lack adequate transmission capacity. The new rules come as demand for power is rising, driven by new manufacturing, electric vehicles and giant data centers catering to artificial intelligence. That has caused utilities to scramble to adapt, some backtracking on plans to retire fossil-fuel power plants or add new natural-gas generation.

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Coal plants are getting old and unreliable. Extending coal power operations is not the answer to the transition gap. This interim gap is best bridged with transportable generation like mobile turbines and large gas turbine power barges. #coal #energytransition #gasturbine #renewableenergy #energystorage #powerbarges #gasturbine #ERCOT #MISO #PJM #NYISO #CAISO #ISONE #NERC #FERC

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This is a very accurate assessment of our energy situation - basically we are in trouble for the next 2-3 years, until extremely expensive peaker plants come on line just to bail out renewables! Will next year see the increase of the energy fund? I would assume so. The State of Texas should not be a bank to the oil and gas industry, but here we are - they got what they wanted, all in the name of protecting the grid! We will see transmission start to build out just to bail out the huge increase in renewables. Don't forget that about 70-80% of renewables are owned by oil and gas companies or utilities. 30% of Texans are having trouble paying their utility bills now, but this time next year it will probably be 50% - so who is looking after the consumers - NO ONE!

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'Let’s Rock This Pipe!’ Following our post yesterday, Reese Energy Consulting is talking natural gas pipelines again for those whose heart’s race each time a new project is announced or pronounced “Go!” We share the same affliction. Now sealed with a FERC kiss, the 304-mile Mountain Valley Pipeline is officially blessed-stamped-authorized to begin service where it will deliver 2 BCFD of low-cost Appalachian gas to Mid- and South Atlantic markets. Ten years in the making at an estimated cost of $7.85 billion, final preparations to fire up operations on MVP are now in high gear to welcome aboard Marcellus and Utica gas from the nation’s largest natural gas basin. Producers were rumored to holler, “Let’s rock this pipe!” Back in the Permian, pipeline constraints and natural gas takeaway have producers sweating it out for a go-live date on the 580-mile, 2.5 BCFD capacity Matterhorn Express. Certain to fill up lickety-split, Matterhorn offers some much-needed relief to move record volumes of residual gas out of the basin. At least until the end of next year. While three other natgas pipeline projects are on midstreamers’ Permian to-do list, including Targa Resources’ Apex, Energy Transfer’s Warrior, and Kinder Morgan, Inc.’s expansion of its Natural Gas Pipeline of America system, a new cowboy in Perm Town has big plans for the next big gas pipe behind Matterhorn. Houston-based Moss Lake Partners (MLP) is hot on its NGL heels to build the 690-mile DeLa Express, which would move 2 BCFD of rich gas from West Texas to Gulf Coast fractionators and export terminals. The project would include access to MLP’s Hackberry, La., NGL export project. What do you think? Learn more about REC and our natural gas and midstream consulting services at https://lnkd.in/ebXT2mS. #energy #naturalgas #pipelines #reeseenergyconsulting

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As well productivity in the U.S. shale patch has declined in the past two years, producers are looking to deploy new technology to reverse these declines, but small companies often cannot afford the high upfront costs, industry executives and analysts have told Reuters. While shale production pushed U.S. crude oil output to record highs in recent months to above 13 million barrels per day (bpd), the rate of productivity declines has steepened since 2020 as the fracking of closely located wells has interfered with geology and pressure, resulting in more difficult extraction of the resources. Oil decline profiles have steepened across U.S. shale oil plays over the last decade, Enverus Intelligence Research (EIR) said in a report in August 2023. "We've observed that decline curves, meaning the rate at which production falls over time, are getting steeper as well density increases," Dane Gregoris, report author and managing director at EIR, commented at the time. "Summed up, the industry's treadmill is speeding up and this will make production growth more difficult than it was in the past." But advances in horizontal drilling and hydraulic fracturing technologies have increased well productivity over the past year, helping U.S. producers extract more crude oil from new wells drilled while maintaining production from legacy wells, the U.S. Energy Information Administration (EIA) said last month. One of these technologies, simultaneous fracking technology, or simul-frac, can achieve over double the gains in lateral footage, in less time, compared to zipper-frac operations, says Halliburton, the leader in the U.S. fracking services market. The simul-frac tech, however, needs a lot of wells drilled beforehand and then fracked simultaneously. This requires a lot of investment before oil can flow from the wells-and not all companies can afford that. "That's $100 million in the ground before you see any revenue," Mike Oestmann, chief executive at small company Tall City Exploration told Reuters.

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The WSJ writes—and as EnergyPoint Research further discusses in a separate post on its account—satellite and other data reveal the impact of oil and gas drilling on the Permian Basin’s landscape. What operators and researchers are most concerned about are forces pushing the ground up. A growing concern for residents and scientists is that wastewater from disposal wells could migrate into the aging, unplugged wells that litter the Permian by the thousands and contaminate drinking-water supplies or shoot to the surface, where the fluids could damage ranchland. As background, alongside crude, oil-and-gas companies are extracting gargantuan amounts of subterranean water—in the Delaware Basin, between five and six barrels of water are produced, on average, for every barrel of oil. To dispose of it, they inject billions of barrels of wastewater into underground disposal wells. Operators inject most of the water down wells that reach about a mile under the surface, which is convenient and relatively cheap. Drilling clusters of injection wells means companies don’t have to build expensive pipelines to link disposal sites together. Oil execs say the issue of water disposal is having an impact on their bottom line, driving up the costs for new wells. One reason is that concentrated volumes of water increase pressure underground, which then makes it more difficult for companies to drill down through those levels to shale rocks. Operators also fear that, if left unmanaged, these developments could dent local support for their activities. “Produced water management is probably one of the, if not the biggest, challenge in the Permian,” said Cody Comiskey, an earth-science adviser at Chevron. With shrinking options to discard wastewater, crude producers have to get creative. Some are looking for lower-risk formations to inject water into and ways to treat water so it can be reused for agriculture. Whether these efforts will pass regulatory muster or how much they will cost remains unclear. “There’s just no silver bullet,” Comiskey said. The volume of briny, polluted water that companies have to handle has skyrocketed. In 2013, companies discarded about 382 MM barrels of water. Last year, they injected about 3.4 B barrels of water down disposal wells. The Earth is noticing. The number of earthquakes in the Permian with magnitudes greater than 2.5 jumped from 42 in 2017 to 671 in 2022, per B3 Insight. In late 2022, a 5.4-magnitude earthquake in Reeves County. Texas regulators have imposed restrictions on injection volumes in the region, and the number of magnitude-3.5 earthquakes and higher has come down. In a related note, there's an emerging issue—and growing sense of urgency—around the need to improve methods used by the industry to estimate bottom-hole pressures of disposal wells. In the comments of this post, we've posted a link to an video on the issue from EnergyMakers Advisory Group. We recommend watching it. 🛢️💦 👀 #shale #water #permian

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You have to wonder, just where exactly is the EPA getting there findings and information in order to mandate these unrealistic standards for the coal and natural gas power industries? The future of the power industry is for certain in trouble.

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This phrase is cliche, yet true - "Choose your inner circle wisely." Surround yourself with those who inspire, challenge, and empower you to be your best self. At Vistage, we believe in the power of uplifting relationships. What dos your circle say about you? Is your circle lifting you to be better everyday? #Vistage #ElevateYourCircle #LeadershipJourney

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Oil and Gas professionals: Are you prepared for November? If Trump wins, do you have the manpower/support you need to take advantage of the opportunity that comes with his "Agenda 47"? "Drill, baby, DRILL!" Now is the time to start establishing new or reconnecting with old to be prepared for either outcome..

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