American Oil and Gas Reporter - September 2017 - 99

industries like aggregate and coal to give
us a heads-up if something arises."
He adds that his company is like many
operating in the Illinois Basin, with operations in both Indiana and Illinois. The
experience, Kingston suggests, highlights
a striking contrast between how each
state tends to treat the companies operating
within their borders.
"The difference in business climate
between the two is like night and day,"
he marvels.
During an extended session, Illinois
lawmakers in July voted to override Governor Bruce Rauner's veto of budget,
revenue and budget-implementation bills
and raised the state's personal and corporate income tax rates (AOGR, August
2017, pg. 36).
"With the budget mess in Illinois,
they are running out of pockets to pick,"
Kingston opines. "Indiana is so much
more business friendly."

Annual Conference
Both oil and gas production declined
in Indiana in 2016, DOG reports. Monthly
average oil production for the year was
151,500 barrels of crude for a total of 1.8
million barrels, down from 2.2 million
barrels produced in 2015. Average monthly oil production has slipped to 149,440
barrels for the first five months of 2017,
the division reports.
Natural gas production in 2016 was
6.2 billion cubic feet, down from 7.2 Bcf
the year before. This year, state gas production has averaged 495.9 MMcf a
month through May.
Of course, slumping commodity prices
during the past couple years have trimmed
exploration and drilling activity-and the
resultant production-in many states.
Kingston indicates Indiana's industry
knows how to survive lean times.
He acknowledges that the location for
INOGA's 2017 convention is a bit of a
departure from recent tradition, but says
New Harmony has a number of things
going for it.
"It is a quaint little town on the Illinois
border right off the interstate in the heart
of Indiana's oil production," he describes.
"With conditions as they are now, we
have been looking for a smaller venue.
After the meeting, we will compare notes
and see if we should go back to Evansville
next year."
r

Industrial Rubber
Circulating Equipment
Industrial Rubber, Inc.'s Swages are light and easy to handle, yet
robust enough to withstand high pressure circulation. The 1502 union
sub is easy to replace should the need arise. Swages are available in
any size or style of casing thread - just let us know what you need!
Features of the IRI Swage Include:
* Dished top design reduces
weight by up to 33%
* 1502 union easy to maintain
or replace
* ACME threaded connections
- no pipe threads
* One-piece design allows for
high-pressure use
* Available for any size casing,
with any style threads

Industrial Rubber, Inc.'s Circulating Heads
complement the Industrial Rubber line of Cementing Heads. IRI
Circulating Heads and Cementing Heads utilize a common Quick
Connect sub that allows quick change out from Circulating Head to
Cementing Head. This makes for a convenient circulating tool when
used either in conjunction with an IRI Cementing Head or as a
standalone unit.
Features of the IRI
Circulating Head Include:
* Quick Coupling Union allows fast,
easy connection to Casing String
* Plugs can be dropped through the
Circulating Head assembly by simple
removal of the Circulating Head Cap.
* Available for any size casing, with any
style threads

EVERYTHING FOR OILWELL CEMENTING

Plugs, casing centralizers, baskets, float equipment, stage cementing tools,

EVERYTHING BUT THE CEMENT!

CALL TOLL-FREE 800-457-4851 FOR PRICE AND DELIVERY
* P.O. Box 890068
Oklahoma City, OK 73189
* Phone: 800-457-4851
* Fax: 405-703-7049
* www.iri-oiltool.com

Coming In October

Official Convention Section for
PBPA annual meeting, Oct. 25-26 in
Midland.

We accept VISA & MasterCard

PRIVATELY OWNED - ESTABLISHED IN 1965
SEPTEMBER 2017 99
http://www.iri-oiltool.com
American Oil and Gas Reporter - September 2017

Table of Contents for the Digital Edition of American Oil and Gas Reporter - September 2017
