Houston Matters

The Pros and Cons of Arctic Oil Drilling

Posted on · The Arctic Ocean might seem a long long way from Houston. And, well, it is. So why should we be concerned with something happening way up there (other than, of course, climate change)? Well, drilling for oil in the Arctic could have direct and indirect effects on the city’s many oil and gas companies — […]

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Arctic Drilling and Houston’s Wards: Wednesday’s Show (September 23, 2015)

Posted on · The Arctic Ocean might seem a long long way from Houston. And, well, it is. So why should we be concerned with something happening way up there (other than, of course, climate change)? Well, drilling for oil in the Arctic could have direct and indirect effects on the city’s many oil and gas companies — […]

Houston Matters

OPEC Calls for Lower Oil Production — What Would that Mean for Houston?

Posted on · Reuters last month reported OPEC, the Organization of the Petroleum Exporting Countries, was concerned about dropping oil prices and wanted to open dialogue with member countries about cutting supply. Of course, no one wants to be the country that stops pumping first, especially in cash-strapped nations like Russia and Venezuela. Meanwhile, Saudi Arabia — a […]

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How Did Mexico’s First Offshore Oil Auction Fare, and What Does That Mean for Success of Country’s Reform?

Posted on · Earlier this month, Mexico held its first in a series of auctions of offshore oil leases. These auctions are part of the country’s bigger energy reform that’s opening the oil and gas industry to outside investors for the first time in nearly eight decades. The first auction fell short of many industry expectations, with only […]

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What Does BP’s Record Settlement for Deepwater Horizon Spill Mean for Houston?

Posted on · Last Thursday, BP agreed to pay $18.7 billion to settle state and federal claims from the Deepwater Horizon oil spill in 2010. We discuss what the settlement means for BP, Houston and the Gulf region with Bradley Olson, who reports on the oil and gas industry for Bloomberg News. MORE: Will The Settlement Cost From […]

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Will Houston’s Ties to the Global Economy Help it Weather Sagging Oil Prices?

Posted on · The Greater Houston Partnership Wednesday (5/27/15) held an event examining the “State of Houston’s Global Economy.” With that in mind, we talk with Richard Stubbe, Houston Bureau Chief and editor on energy markets for Bloomberg News, about the latest trends we’re seeing among Houston-based companies engaged in global economic activities, including (but not limited to) the oil […]

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How Vulnerable is the Oil and Gas Industry to Cyber Attacks?

Posted on · The annual Energy Security Council conference kicks off in the Woodlands today. The event will focus on security for the oil, gas, electricity, power, pipeline, transmission and service sectors. Then, on Wednesday, leading cyber security analysts will gather for the Secure World conference in Westchase. There’s also the annual Cyber Security for Oil and Gas […]

Houston Matters

Low Oil Prices on Minds as Offshore Technology Conference Begins

Posted on · The 2015 Offshore Technology Conference kicks off today at NRG Park. More than 90,000 oil and gas professionals from 130-plus countries will converge to learn about the industry’s latest technology and equipment. Also high on the minds of OTC attendees: how the drop in oil prices is impacting the industry, and what the new Subsea […]

Houston Matters

Are Oil and Gas Really Behind Texas Earthquakes?

Posted on · A new study from Southern Methodist University links earthquakes in North Texas to oil and gas operations. The Texas Railroad Commission’s seismologist has questioned the research and its conclusions. Nevertheless, the commission may shut down a pair of waste water injection wells noted in the study. We discuss the environmental and political implications of these […]

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Earthquakes and Compassion: Tuesday’s Show (April 28, 2015)

Posted on · A new study from Southern Methodist University links earthquakes in North Texas to oil and gas operations. The Texas Railroad Commission’s seismologist has questioned the research and its conclusions. Nevertheless, the commission may shut down a pair of waste water injection wells noted in the study. On this edition of Houston Matters, we discuss the […]

Houston Matters

Deepwater Horizon: Lessons Learned Five Years Later

Posted on · Five years ago Monday, an oil well exploded deep in the Gulf of Mexico. Eleven crewmen were killed on the Deepwater Horizon offshore oil rig, about 50 miles off the coast of Louisiana. That deadly incident was just the start of what became an all-out environmental catastrophe, as millions of barrels of crude oil spilled […]