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Nick Cook, Editor
Issue #339 | September 8, 2021
Next week is the 10th Annual Frac Sand Supply & Logistics Conference in Grapevine! If you’re not registered, we still have some spots available so sign up using this link. Look forward to seeing you there! Register by the end of the day Thursday, September 9th, before the registration rate jumps $200 to the on-site rate.
Demand for US oil will remain strong as OPEC+ agrees to barely raise their production levels, despite requests from the US administration’s requests to increase dramatically. This week’s issue includes stories and perspectives in Wisconsin, North Dakota, and West Virginia for the fracking world. Also, some thought-provoking articles related to AI engineering ethics for fracturing.
And now, the news…
The Organization of the Petroleum Exporting Countries and a group of Russia-led producers said they agreed to continue increasing oil production in measured steps, resisting for now recent U.S. pressure to open the group’s spigots wider.
A couple of years ago, we recorded a short video to help people get the most out of the Frac Sand Supply & Logistics Conference. The advice provided in the video is still valid, so we thought we would encourage you to take another look at it to help you make this conference the best one of 2021.
The speed of re-fleeting with emissions-friendly equipment has been remarkable with a much larger percent of the US frac fleet getting an ESG makeover from 2020-2022 than many folks probably realize.
Review the agenda for next week so that you can be prepared to make the most of your time in Grapevine.
“On its own, the Appalachian Basin would have been the third-largest natural gas producer in the world the first half of 2021, behind Russia and the rest of the United States.”- EIA
The growth made McKenzie the nation’s fastest-growing county during the past decade, according to the Census Bureau, breathing new life into somnolent towns that had been losing population since the 1930s.
A recent report commissioned by the American Petroleum Institute (API) and undertaken by PricewaterhouseCoopers (PwC) has found the oil and natural gas industries directly or indirectly supported over 158,000 jobs in Wisconsin in 2019, or 4.2 percent of the total share of state employment.
In October, oilfield vendor inboxes will fill with emails from customers asking for pricing / bid invitations and volume commitments if awarded.
Like everywhere else in America, in the oilfield nothing moves without truck drivers. Spokesmen saying current conditions in labor force and insurance regulations are making that more difficult.
While in the past several years AI-Ethics has become an important topic in the non-engineering application of Artificial Intelligence and Machine Learning, this article will explain the importance of Ethics of Artificial Intelligence in the engineering application of this technology.
Since traditional techniques for modeling of the physical phenomena is through mathematical equations, it usually includes assumptions, and sometimes biases. The major contribution of AI and Machine Learning to engineering problem solving is modeling the physical phenomena based on actual measured data that would be the main core behind the avoidance of biases, assumptions, interpretations, and preconceived notions about physics.
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