The future of IT: An oil and gas perspective

Across industries, CEOs are realizing the importance of agility in sustaining and growing their business. More than half acknowledge agility as the new currency of business and that growth relies on the ability to challenge and disrupt business norms. Despite this realization, just under half of global CIOs feel their organizations are better than competitors […]

The Role Of Information Technology In The Upstream Oil & Gas Industry

Calgary, AB – Research conducted by Ipsos-Reid on behalf of PeopleSoft indicates that Information Technology is an important issue for the Oil and Gas industry today. Among other findings, study outcomes indicate that there is not currently a strong move among Canadian oil and gas companies to become compliant with the US Sarbanes-Oxley Act of 2002. […]

A new mandate for the oil and gas chief information officer

In an increasingly data-dependent sector, oil and gas companies need to scale up their use of technology across the enterprise rapidly. Success will involve reframing the CIO’s role in driving not only digital transformation but also business outcomes. Most oil and gas companies have embarked on a digital transformation in the past few years. Many technology-enabled […]

Technology and Oil

PURPOSE To demonstrate how much our society depends on petroleum products and to show how advances in technology have allowed us to find, obtain, and transport oil more efficiently. CONTEXT This lesson is part of the Energy in a High-Tech World Project, which examines the science behind energy. Energy in a High-Tech World is developed […]

2020’s Bad Guys in Energy

Larceny, that business enterprise with a knack for (fleeting) success regardless of the state of the economy, was busy last year. As Obi-Wan Kenobe would say it: You will never find a more wretched hive of scum and villainy as the bad guys of energy in 2020. Here we go. PdVSA First up, as predictable […]

Pennsylvania Rule of Capture Still Bars Subsurface Trespass Claim

After a trial court order, two appellate opinions, a dissent, and another appellate opinion, the tension between a well operator and an adjacent mineral owner over whether hydraulic fracturing can constitute a subsurface trespass in Pennsylvania has, for the most part, been resolved. In Briggs v. Southwestern Production Company, several points of Pennsylvania law have been confirmed: […]

Solar Beats Minerals in a Texas Accommodation Doctrine Battle

In a precursor of disputes sure to come, in Lyle v. Midway Solar, LLC, a Texas court of appeals delivered a win for solar energy by applying the accommodation doctrine in favor of a solar developer’s actual use of the surface of the land over speculative future development of the mineral estate. The lesson for mineral […]

ExxonMobil Discovers That Amended Tax Returns Are Dangerous

In Exxon Mobil Corp. v. United States of America, from the United States District Court for the Northern District of Texas, ExxonMobil learned the hard way that filing amended tax returns can be very costly. Some of the reasons why an amended return is dangerous are below, but first to the case: ExxonMobil was involved in […]

The Iraq War Was Not About Oil

Why did the U.S.-led coalition attack Iraq in 2003? Sixteen years after George W. Bush’s “Mission Accomplished” speech, the answer seems obvious to some: oil of course! When war was waged, this was the widespread view in Jordan (71 percent), Morocco (63 percent), Pakistan (54 percent), Turkey (64 percent), Germany (60 percent) and France (58 […]