For several years now, a critical supply/demand imbalance has been developing across all proppant types. Undoubtedly, this inequality has left suppliers scrambling to add capacity for raw sand, resin-coated sand, and ceramics. Fortunately, three current issues involved in shale development dynamics may possess a measurable impact on the use of proppants. These adjustments exhibit strong potential for increased drilling in existing U.S. gas shales, ongoing evaluations to lead to improvements in completion and fracturing program designs, as well as updated changes in the number of wells drilled in liquids-rich shale plays. The most notable positive adjustments can be broken into three main areas:
- Liquids-rich drilling. Development in U.S. liquids-rich shale is dependent on drilling in leading areas. Studies from 2012 show that the highest spot price for crude oil reached $108.76 on March 1st with the lowest price for the year at $77.91 on June 21st and closed at $86 on November 2nd. Crude oil prices are anticipated to remain within the $80-$100 window, hence, wet-play shale drilling in the U.S. is expected to remain on a positive trend throughout the remainder of 2013.
- Gas shales drilling. Drilling environments throughout the U.S. are in much better shape than they were even a year ago. The wellhead price of natural gas has been improving steadily with principal drivers growing gas consumption in the power generation sector, resulting in greatly reduced drilling across U.S. gas shales. Positive support exists for natural gas drilling and development in the near future with projections of gas reaching $3.75 before the close of 2013 and up to $4.25 in 2014.
- Program design improvements. A key goal in development of unconventional reservoirs is to provide as much reservoir contact with the rock face as possible. Ideally, this should be optimized by proper lateral length, desired number of stages, and fracture conductivity techniques as well as other contributing structures.
Although additional research, evaluation and assessment continue, results indicate that effective placement in combination with more stages and reduced fluid and proppant volumes could very well be the industry’s path moving forward, leading to a greater demand for qualified job seekers and profit surges for natural gas companies. FootBridge Energy has remained ahead of the curve in the energy sector, helping natural gas employers and job seekers find success during this booming period. If you are interested in learning more about energy industry careers or finding qualified energy industry candidates, contact the energy staffing professionals at FootBridge Energy today!
The green energy sector is growing four times faster than any other industry today. This rapid growth offers new and unique opportunities for higher paying jobs throughout the U.S., especially for women looking to join the sector. Recent studies show that 3 out of every 10 green energy jobs are currently held by women. With the combination of these higher-paying jobs and lower-wage gaps than seen in other industries, the number of women joining the green energy workforce is expected to spike significantly.
Women currently make up roughly half of the total U.S. workforce and are extremely vital to the recovering economy. Joining the green energy sector allows women to take advantage of above-average pay and benefits, making it very logical that women should make up a good portion of green energy jobs. Because of the undeniable opportunity the green energy sector affords women workers, we expect to see a rise in the following:
- Representation of women in STEM fields. It is projected that more women will be encouraged to enter science, technology, engineering, and math fields earlier on their career paths through programs that offer career counseling, mentoring, and training. Increasing the number of women qualified for STEM positions will create a larger pool of female applicants, strengthen the green energy workforce, and pave the way for future women interested in joining the green energy sector.
- Women workers in traditionally male-dominated fields. It is expected that an increased number of companies in the green goods and service sector will put additional non-discriminatory standards and best practices in place. Potential best practices could include access to professional development training, business management skills classes, and instating a required percentage of women in leadership positions or advisory boards.
The rapidly growing green energy sector offers a prime opportunity for a more unbiased and inclusive workforce that can help narrow the gender wage gap while building a stronger, steadier economy in which women can fully benefit. FootBridge Energy is the number one resourceful and impartial niche staffing firm in the energy sector with over a decade’s worth of experience and relationships with the most influential companies in the industry. Interested in growing your energy sector career? Contact the energy staffing professionals at FootBridge Energy today and browse our many job opportunities for qualified professionals!
It is no secret that fracking is greatly contributing to national economic growth. Affordable natural gas and energy industry growth as a whole are both the direct result of oil and gas development due to fracking in the U.S. One recent example of this growth is the continuously evolving economic impact of the Eagle Ford Shale, a 50-mile-wide by 400-mile-long formation running from South Texas all the way east. The Eagle Ford Shale produces natural gas, condensate, oil, and natural gas liquids with extremely favorable margins.
Now regarded as spearheading a U.S. manufacturing renaissance due to foreign companies expressing interest in its investment, the Eagle Ford Shale has been credited with the following:
- 116,000 jobs supported in 2012.
- More than $6.1 billion in total economic impact across a 20-county region from oil and natural gas development in 2012.
- More than $1 billion in revenue to local government and $1.2 billion in state tax revenue in 2012.
- 127,000 jobs projected with an economic impact of $89 billion for Texas in 2022.
- 527,000 barrels of crude oil per day throughout 2013 and a projected 771,000 barrels of crude oil per day by 2022.
Texas is not the only U.S. state reaping the benefits of shale and hydraulic fracturing; since the very beginning of drilling at the Marcellus Shale in Pennsylvania, job growth as well as the types of jobs available has continued to greatly increase. The Marcellus Shale natural gas drilling has indeed had a measurable effect on Pennsylvania’s economy and is expected to generate more than 200,000 additional jobs by 2020. Additionally, Pennsylvania has already added 130,000 jobs throughout the state since employment bottomed out in 2010.
Thanks to shale and hydraulic fracturing, the United States is now facing its long-awaited opportunity for significant economic and energy benefits. This continuously rising growth has led to the great success of companies in the energy sector, in turn, leading to many new job openings and a high demand for new hires throughout the next year and coming decades. This current and increasing energy industry boom is why it is so imperative to partner with a company for energy sector staffing for both job seekers and employers alike.
FootBridge Energy Services has over a decade of experience matching energy sector candidates and employers with their perfect fit. Knowing the details, trends, and history in the energy industry is what gives FootBridge Energy a unique edge when it comes finding and hiring the top candidates in the natural gas field. If you are looking to begin your career in the energy sector, contact the energy staffing experts at FootBridge Energy today!
Even in the best companies, burnout is a common ailment for hardworking employees. With the increasing emphasis on the pursuit of excellence in our recovering economy, burnout has reached an all-time high, resulting in exhausted employees: physically, mentally, and emotionally. While burnout is, of course, unhealthy and harmful to an employee’s well-being, it can also greatly hinder a company’s performance by taking its toll on productivity, efficiency, and overall morale.
Many employees in the U.S. today seem to experience difficulty separating work from the rest of their lives. Because of this, one of the healthiest things a company can do for its employees is help them regain space and sanity in their lives by promoting a work-life balance. To decrease burnout in your workforce, consider the following tips to help your employees maintain a healthy work-life balance and remain productive on the job.
- Allow telecommuting. Recent studies prove that telecommuting from time to time significantly boosts productivity and morale for employees. If their job duties allow them to work remotely, consider allowing an occasional day for these employees to telecommute and catch up on paperwork, research, or simply brush up on their skills.
- Take advantage of morale-building opportunities. Sponsor occasional company-wide activities such as picnics, or lunches, or participate in charitable works. Not only does this build a sense of community and boost morale, it can offer a welcome break to employees and allow them to relax and socialize with their co-workers.
- Be flexible. Allowing flexibility in schedules gives employees an increased feeling of personal control over their schedule and work environment. It also allows employees to work when they are most productive and balance work with family needs, life responsibilities, and personal obligations.
Finding the happy middle ground between work and personal life is the key to keeping employees satisfied, healthy, and productive on the job. FootBridge Energy has coined the phrase, “goal time over seat time” and places higher priority on getting the job done versus filling a seat for eight hours each day. Mindsets like this help promote work-life balance while simultaneously empowering employees to get the job done in a timely manner. If you are looking for help promoting a work-life balance in the energy industry, contact the experts at FootBridge Energy today!