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Hurricane Harvey: Rain Falls, Gas Prices Rise

When meteorologists merely project a hurricane’s path across an area that produces large quantities of oil and natural gas and has a large refining

Shale Oil Producers Continue to Challenge OPEC's Pricing Power

For the past four months in a row, there have been increases in shale oil production of more than 100,000 barrels per day, according to data compiled by

Proposed Taxes: Damaging to Users and Producers of Natural Gas in PA

Earlier in the summer, in an attempt to close the budget gap for the 2017-18 fiscal year, the Pennsylvania Senate passed a bill to assess an additional

A Postcard From COPAS

Last week, the Council of Petroleum Accountants Societies (COPAS), hosted its latest chapter meeting at Oglebay Resort and Conference Center in Wheeling,

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Disruption

One of the many challenges facing businesses today is disruption. Disruption comes in many forms. One that has hit the oil and gas sector is the current

West Virginia Supreme Court Eliminates NPRI Pooling Consent

On May 31, 2017, the West Virginia Supreme Court issued an opinion eliminating the need for nonparticipating oil and gas royalty interest owners to consent

Pittsburgh's Energy Efficiency is Ranked 17th out of 51 U.S. Cities

In recent news, the Trump administration has made it clear that the United States intends to withdraw from the Paris Climate Treaty (United Nations Framework

New Legislation Could Impact the Definition of a “Stripper Well”

The Pennsylvania Commonwealth Court decision that defined the threshold of low-producing “stripper wells” could cost state and local governments

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Revenue Recognition: Challenges in Implementing the New Standard

I’m sure by now you have heard there is going to be a little change in how practically all companies, including E & P companies, recognize revenue.

Why Oil Rig Counts May Not Mean as Much Any Longer

Over the past several years, one of the key metrics of the health and activity within the oil and gas industry has been the number of active rigs. This

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