Reading Time: 3 minutes What a way to round out the quarter. The B3 team is preparing for our third annual Ripple Effects Summit and as we contemplate our
Reading Time: 4 minutes Looking to stake your claim on a little piece of Earth? How about the unoccupied pore spaces within rock formations? As carbon capture and sequestration (CCS) gains steam, the ownership of pore space…
Reading Time: 3 minutes As I’m sitting down to write this, watching snow fall over my family’s cattle operation in southwest Montana (my deadline for this post is a great excuse for why I ‘can’t’ go out in the storm to move cows). This winter season has been a rough one for ranchers in the West. First no snow, no moisture, then way too much. The result: huge concerns about…
Reading Time: 3 minutes The Permian Basin finished 2022 with a shake rather than a bang. On December 12th, Midland Texas shook from a magnitude (M) 5.2 earthquake originating approximately 10 miles north of the city. Seismic events are not uncommon in the Permian Basin, events have been increasing in magnitude and frequency in recent years…
Reading Time: 5 minutes Take a drive on U.S. Highway 285 southeast from Carlsbad, N.M., heading to Pecos in West Texas and you’ll be driving atop a portion of the largest proven oil reserves in the United States. Along the drive, much of the scenery will look the same. Drilling rigs are numerous and tower high above thinly rooted desert shrubs. Above-ground pipeline and power line easements….
Reading Time: 2 minutes As a busy 2022 wound down, I finally had time to read some of the more interesting ‘things to watch for in 2023’ thought pieces sitting in my inbox. Continued capital discipline as the key indicator of good governance; seismicity; China-India-Russia in the global crude market; ESG is not dead, just changing…