The oil and gas industry is one that has a bad reputation for inefficient energy use. Yet, in recent years, many industry leaders have turned their attention to greener practices and greater energy efficiency.

The goal of providing a cleaner production process for the goods our customers rely on is a hefty one but is one that we believe is possible through worksite adjustments and industry oversight.

If you’re ready for your oil and gas facility to step up and start going greener, here are some of the best ways to become more energy efficient today!

Why Go Energy Efficient?

Before we get into how an O&G facility can go energy efficient, we think it’s important to explore the why behind this industry movement.

Going greener isn’t just about helping the environment. When an O&G company puts genuine effort behind energy conservation, it reduces an overall environmental footprint and is great for a brand’s image within the community.

Aside from great branding, energy conservation also helps your facility save money on its supply chain as the product is made. Find out how you can becom energy efficient in the O&G Sector…

Focus on Better Drilling Practices

Hydraulic fracturing and horizontal drilling methods are two ways that the O&G industry is saving on energy output and the number of physical wells drilled for production.

These newer drilling techniques make it quicker to create wells and make the wells the industry uses much more productive.

Updated Data Acquisition Practices

The oil industry is known for being hands-on. However, over the years, our practices have shifted towards implementing centralized data management systems that make operational decisions quicker, more efficient, and more environmentally conscious.

When your rig or facility put a data management system in place, you’re saving energy on the following practices and more:

• Daily production value observation
• Operational history
• The integration of multiple data sources in one place

Updating your data acquisition methods literally saves energy and lets your team expend energy where it counts, out on the facility floor or in the field.

Added Leak and Spill Prevention

Leaks and spills are major issues that can cost O&G companies tons of energy and revenue. Many companies have brought in specific leak-detection technology that helps prevent leaks and spills from quickly getting out of hand.

Working with a team like Pro-Gas Services can help your facility get in touch with the right technology for effective leak prevention.

Invest in Energy-Efficient Equipment

Energy efficiency isn’t something that our industry is particularly known for. Yet, several pieces of energy-efficient equipment can help your facility and drill site save money in the long run.

Pro-Gas Services can help your facility carry out any energy audits and show where you could implement improvements like new turbines, pumps, and compressors within your facility’s supply chain.

Ready to Make a Greener Change?

If your facility needs help concentrating on energy conservation, the experts at Pro-Gas Services can help. We offer facility services that help your team get its strategy in line and take advantage of our essential O&G production and storage equipment that makes your production process mobile, efficient, and a life-saver for your bottom line.

Contact us to learn more about our services and product availability.

 

 

Inflation has been impacting us all. No one is enjoying the latest hikes in our national economy from oil and gas production and movement to general prices at the pump. Last month congress made some serious moves to remedy inflation taxes that are hurting Americans’ budgets.

The Inflation Reduction Act of 2022 is one of the biggest congressional moves from the Biden administration. However, while we love the idea of the average person saving money, we have to ask just how this new law will impact how the oil and gas industry operates in the long term.

What is the Inflaction Reduction Act?

The Inflation Reduction Act of 2022 is a new act that aims to tackle inflation and reduce national debt. U.S. Senator Joe Manchin (D-WV) states that the act “will increase domestic energy production, lower energy and healthcare costs, and pay down our national debt without raising costs for working Americans.”

Manchin went on to state the act will lower gas prices, energy prices, and bolster energy security.

How Does it Influence Action for the Climate?

So, what does all of this saving have to do with the climate crisis? Let’s get into the deeper details.

According to an article from Financial Times, the climate law contains several aspects that will reward clean energy investment and reduce overall methane emissions from oil and gas companies and development sites over time

Will the Oil and Gas Industry Have to Pay Up?

In short, for many major production companies, yes. The landmark climate law presents the first time ever that a fee is charged for methane leaks from the oil and gas sector.

According to the Act itself, the law will present charges of $900 per tonne of methane to companies that emit it from pipelines, wells, facilities, and liquefied gas terminals.

This law will be in effect starting in 2024.

However, two years later, the fees plan to increase to $1,500 a tonne.

The goal is to reduce methane emissions by 30 percent at the end of the decade, and bring in national revenue that totals around 6 billion dollars.

If this plan has your facility sweating, the truth is that it will only impact roughly 40 percent of the industry. The other 60 percent, or, sites that produce methane less than 25,000 tons of the equivalent to CO2 per year, are exempt from the fee.

Benefits to Oil and Gas with Climate Bill

It’s easy to see this move as the government stepping in to once again tighten its grip on our industry. However, there are still some benefits our industry can experience, as at the end of the day, the Act also has several provisions that reflect well for oil and gas.

The bill actually rolls back some of President Biden’s former shutdowns of leasing opportunities. It contains a provision for oil and gas offshore leases that allow for more drilling activities in the Gulf of Mexico. As our industry has already begun to take an environmentally-friendlier approach to practices, this is a great opportunity for invested companies to experiment with and expand their clean initiatives.

We predict this could help leaders of our industry find solutions to producing necessary oil and gas products with renewables as a partnership rather than a threat to our industry’s livelihood.

Oil and Gas News by Pro-Gas Services

If you’re like us, you’re interested in what the next few years have in store for oil and gas. Don’t worry! Pro-Gas Services, LLC is on the case. We provide our clients with the latest oil and gas services and technologies and keep everyone in the loop with upcoming news developments that impact our industry.

To learn more about our facility management services, gas conditioners and other products we offer, contact us! We’re ready to help your site get with the latest industry initiatives.

Natural gas is frequently used in modern-day power plants, homes, and businesses worldwide. Unfortunately, purely natural gas isn’t prepared for consumer use upon collection. If it were used right away, much of the equipment that operates on natural gas could be damaged due to sensitivity to contaminants in raw natural gas.

What is Gas Conditioning?

In order to make gas useable for consumers, it must be treated to a very high purity level for efficient use and safety protection. This process is called gas conditioning.

Gas conditioning is one of the most important aspects of the production process and Pro-Gas Services is proud remove liquids and other particles through our effective and mobile gas conditioning equipment.

Removal processes are used to decrease more than 99 percent of unwanted particles. This results in better gas quality and protects the life span of equipment that is using this gas. When quality is low, this results in increased corrosion and damage.

Gas Conditioning Regulates Necessary Temperatures

It’s also important to note that gas conditioning is used to regulate temperature. The gas temperature must remain higher than the dew point amount.

Gas conditioners also regulate the pressure of the gas. Stable operating pressure is necessary for most motors and equipment in order to boost efficiency and reduce the risk of a major pressure variation.

Gas Conditioning from a Safety Perspective

It’s incredibly important that equipment run using natural gas is used in a safe manner.

While different features are installed onto equipment that will provide additional safety (relief valves, shut valves, and monitoring equipment), conditioning is important to:

• Remove contaminants in the form of liquids and solids
• Measure flow of gas
• Odorize gas for safety

Various equipment is used for conditioning, including knock-out drums, filter separators, heaters, and pressure regulators.

The History of Gas Conditioning

It was ruled by the Supreme Court in 1954 that companies selling natural gas were considered to be natural gas companies that would fall under the responsibility of the federal power commission. Regulating all of the natural gas producers in the country became difficult, so regional plans were developed.

In late 1976 and into 1977, several gas explosions occurred in England that initiated the conversation of using gas conditioners to prevent such incidents. The King Report compiled by
Dr. P J King took a thorough look at improvements that could be made to existing procedures or systems that would increase safety.

It was determined then, and many times since then, that well-maintained conditioning systems have the potential to dramatically reduce leakages and issues. It is also suspected that these investigations can lead to better efficiency and protection of equipment, though safety has always been the main concern.

Create Quality Gas Products With Pro-Gas Services On Your Side

Gas conditioning has been an important part of risk management throughout the gas industry in the U.S. for decades. This compliance with legislation and industry standards has resulted in a code of practice that has reduced waste, protection of equipment, and increased safety.

Conditioning services from Pro-Gas Services make the process seamlessly efficient. Let us help you increase your facility product’s value and safety for consumers.

Contact us today to learn more about our services and product availability in your area.

This year, we’ve been very vocal about the costs of producing consumer oil and gas and how much everyone is paying at the pump. 

 

Regions of the United States even saw gas prices that exceeded $7.00 a gallon. Fortunately, after the nation celebrated the 4th, we were able to start celebrating lower gas prices.

 

Let’s reiterate what controls gas prices, how lower prices will impact local and national economies, and what, if anything, will determine if gas prices remain affordable.

 

How Do Gas Prices Affect Economy?

Now that gas prices are lower, local economies will experience a more regular financial ebb and flow. Lower gas prices mean consumers are more willing to spend money at the pump, get out, experience entertainment and go shopping in local and surrounding areas.

 

Lower gas prices that remain low could even lead to reduced costs in the transportation industry, resulting in lower prices at local markets.

 

In short, when wealth is spread, everyone benefits.

 

What Determines if Gas Prices Continue to Fall?

Low gas prices are great, but several factors must be considered when hoping for a plateau or even lower gas prices.

 

Recession Fears

Demand is a massive factor driving oil prices up and down. In most cases, increased demand leads to higher prices. However, the government has been working hard to drive down inflation through increased interest rates for borrowing consumers.

 

Moves to decrease inflation could be too late. A downturn in consumer spending could signal an oncoming recession.  What does this mean for current gas prices? A lot!

 

When investors start to sniff out financial problems at a national level, they’ll begin to sell off investments.  Oil and gas are usually the first to go.

 

An impending recession leads to movement in oil prices, which could lead to even lower prices at the pump.

 

It’s a double-edged sword. We’ll keep an eye on prices for you and help you stay on track with how gasoline reflects nationwide economic circumstances.

 

The Weather Matters

As strange as it sounds, the weather between now and this time next year could have an impact on how much gasoline costs.

 

According to energy analyst Tom Koza, we haven’t seen the last of rising gas prices. They could rise higher than anything we’ve experienced.

 

Koza says that depending on the activity during the summer hurricane season on the Gulf Coast, oil refineries the United States relies on could be threatened, therefore, bringing back higher prices by the end of August.

 

Demand, Demand, Demand

During the summer, gasoline prices are expected to increase. We are living through unprecedented circumstances that make the summer crunch even tighter on the budget. The sanctions on Russian exports have substantially increased the cost of gasoline and will keep prices high until issues are resolved.

 

As prices reduce while demand increases, the current lower prices could spike up again. However, as the summer rush fades and people get back into their everyday routines, demand could subside and lead to prices as reasonable as possible until geopolitical tensions improve.

 

Keep Your Facility Producing with Pro-Gas LLC

As a Texas oil and gas facility manager, you should consider it your responsibility to help keep gas prices low. Through consistent production and a reliable equipment supply, your facility could increase its output for the rest of the year and reduce the pain of a pressured wallet at the pump.

 

Pro-Gas, LLC offers the equipment your site needs for effective production. From conditioning equipment to storage, our manufacturers have you covered.

 

Contact us to learn more about our current availability in your area.

It’s no secret that the United States is feeling the brunt of our government’s actions against the current Russia-Ukraine conflict. Sanctions have left the average citizen paying the highest gas prices since 2008, and we can’t tell when the pain at the pump will let up.

While we’re focused on our interests regarding the conflict, it’s essential to understand the global implications this situation brings to our industry.

A lot has changed since Russia invaded Ukraine in February. Let’s examine where our industry’s landscape is now and how it’s impacting different areas worldwide.

Current and Future Oil Bans Have Little Impact on Russian Exports

While the current US ban on Russian oil has increased their gas prices, Russia has found other markets to offset losses from the US and European nations, who have all but implemented sanctions.

As long as Asia and China continue to purchase crude oil from Russia, any future sanctions placed on Russia from the US or EU could have little impact on Russia’s exports.

Even with sanctions in place, Russian exports are back at pre-invasion levels as of April.

The Risk of Spills Has Drastically Increased

While Russian exports to Asia have benefited its economy, there is still a massive double-edged sword. Sanctions from the US, British, and European nations have forced Russia to practice ship-to-ship transfers in many trades with Asia.

Ship-to-ship transfers aren’t just an expensive way to export oil, but they also increase the risk of a deadly spill. Until sanctions end and Russia resumes trade with American and EU markets, this risk to the ocean is one that we’ll just have to keep an eye on.

West African Crude is Picking Up European Business

Although European countries have turned their back on Russian oil, they still need this essential resource from another supplier. According to Petro-Logistics, West African crude imports to Europe have increased by 17% as of April.

This record-high demand for Nigerian crude has increased oil prices in this area; Nigeria is a crude-rich nation with nearly 37 billion barrels of crude oil in its reserves. Many European countries believe African crude could be the solution that fills in the gaps caused by the Russia-Ukraine conflict.

Rising Costs Creating Global Social Unrest

The higher cost of crude oil is having an impact around the world. In the United States, it’s become a massive barrier in our battle against inflation. Similarly, in Europe, higher prices have practically stopped the continent’s pandemic recovery plans.

Even China, the world’s largest oil importer, may not reach its economic goals due to high prices.

Oil prices are taking a toll everywhere. However, with massive upticks, there is bound to be a drop in the future that begins to even out the impact oil prices will have on different economies.

Stay Tuned for the Latest Oil and Gas Updates From Pro-Gas, LLC

Back at home in the United States, Pro-Gas, LLC is still doing everything to provide our nation with cheap crude oil that keeps our communities running. From our fuel genies to portable NGL tanks, we offer oil and gas facilities the equipment they need to produce a quality product.

If you are a facility manager who knows your equipment needs an update, we want to hear from you. Contact us today to learn more about our product availability.

It seems like since the beginning of the new year, the nation has been a buzz about hiking gas prices and what we can do to reduce the financial squeeze at the pump.

Although geopolitical actions that are out of our control are the key reasons behind expensive oil and gas (O&G), there are still some members of Congress who are willing to step up and try to help our nation become oil strong once again.

March was a big month for two GOP congressmen, as they each introduced an act that should get local O&G prices against the ropes.

What exactly are the plans and how effective could they be? Let’s drill a little deeper for the facts.

What is the “Restore Onshore Energy Production Act”

Rep. Matt Rosendale, R-Mont. Introduced a bill on 03/30 that would essentially roll back current moratoriums in place on O&G leasing on Federal lands.

This act would prevent the ban of these types of leases via Executive Order and would push for the government to approve at least 4 leases per year in each of the 7 states where O&G is a powerhouse.

This act is backed by 19 other members of Congress and is one of 6 similar bills that were presented to Congress today.

Sen. Ted Cruz Introduces the Energy Freedom Act

Earlier this month, Texas Senator Ted Cruz introduced the Energy Freedom Act which has the goal of once again, making America an energy-independent nation.

According to Cruz, recent policies have put billions of dollars into foreign sources that have in turn committed acts against our nation and its allies. If passed, Cruz says the new bill wouldn’t “cost taxpayers a dime” and will bring billions in revenue through further leasing, the creation of safe, new pipelines, expedited project permitting, increased exports, and more regulatory action in our industry.

Many of the key points of this act like prohibiting leasing bans on Federal lands and the reduction of foreign dependence on O&G are all present in any of the related proposed acts we’ve seen presented in congress this month. There is a clear goal in mind, let’s see where it could take us!

Could These Help Reduce Gas Prices?

The truth is that there are thousands of unused leases on Federal lands, and yes, if these and other acts passed, they would open the floodgates and allow for the expansion of essential O&G projects and services.

We’re not saying that gas prices would change overnight, but as we would have to rely on less and less gas from exporting nations, eventually the costs for general consumers would begin to show a downturn.

Stay Tuned on the Lates O&G News With Pro-Gas, LLC

We understand that everyone from facility managers to the average person filling up their vehicle is concerned about the direction gas prices are headed. While our primary goal at Pro-Gas, LLC is to provide facilities and mining sites with premier gas conditioners, mobile equipment, and more, we also take pride in the news we provide to the general public regarding our industry.

Contact us today to learn more about our services or just ask us a question! We’re ready to help in any way we can.

Unless you’re a mogul or haven’t grabbed gas at the pumps over the last month, then you’ve quickly realized that gas prices have vastly increased from the lower prices we’ve seen since the beginning of 2020.

Regardless of where you stand on geopolitical issues, no one likes to overpay at the pump. Fueling up vehicles is a necessity, and too high prices for too long could lead to larger economic troubles.

Let’s examine why we’re experiencing nationally high gas prices, the likes of which many members of our society have never seen, and more importantly when prices will reduce.

Why Did Gas Prices Recently Skyrocket?

It seems like gas prices shot to astronomical prices overnight. With the national average above 4 dollars a gallon, it’s obvious that consumers are eager to understand why they’re suddenly paying substantially more at the pump.

Reduced Oil Production

During the height of the pandemic, the demand for gasoline plummeted, as did national gas prices. When this happened, OPEC and other nations that provided oil to the United States cut production to avoid an expensive surplus at that time.

As people began to travel again, oil providers were slow to ramp up enough production to properly fulfill global demand. Combined with the reason below for increased gas prices, even with local production increasing, it could be quite some time before enough gasoline spreads out through the market and levels out prices.

Until then, limited supply and geopolitical tensions will keep gas prices at high levels with the risk of further increases.

U.S. Sanctions on Russian Oil

After Russia’s invasion of Ukraine, the United States took measures to damage Russia’s economic output through sanctions against the country; which included a national ban against Russian oil imports.

Although the United States only collects 10 percent of its total oil products from Russia, the sanctions we’ve imposed have impacted the global market to an extent that gas prices seem to have spiked overnight. When even the smallest sanctions are made, they create a ripple effect that influences total prices across the global market.
Also, as demand for local fuel rises due to sanctions, production costs increase and facilities go into overdrive to meet consumer demand, further increasing prices at the pump.

How High Can Gas Prices Go?

Unfortunately, we feel like consumers haven’t reached the total height of the gas price hike. In California, consumers are already paying over 5 dollars per gallon, and unless major political moves are made either through changes in Russia or with another foreign importer, we could be looking at further gas price increases in the near future.

When Will Gas Prices Go Down in Texas?

Once again, the potential for lower gas prices lies in how quickly the Russia/Ukraine conflict can end, the results of the conflict, and whether or not the United States can strike affordable deals with foreign importers like Venezuela, to help reduce local gas costs.

Even when a resolution occurs, it could take a matter of months for tensions to quell and overall prices to go down.

As much as we’d love to tell you when gas prices will decrease, we can’t. However, we can do our part to help increase local oil & gas production that could eventually start lightening the financial load at local pumps.

Stay Up-to-Date and Continue O&G Production With Pro-Gas, LLC

At Pro-Gas, LLC, we not only provide oil and gas facilities and drilling sites with premier industry equipment, but we also provide our customers with the expertise they need to navigate the constant changes in our industry.

If you’re a site manager that is eager to contribute to the reduction of local gas prices, reach out to us today to learn more about our quality products like our Fuel Genie and portable NGL storage options.