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April 23, 2019

Artificial intelligence firm gets second funding round for shale

BY Luke GeiverFound In:Exploration & Production, Products & TechnologyArtificial Intelligence (AI) is gaining favor across the oil patch. OAG Analytics, an AI-specialist focused on oil and gas, announced this week it has received a second round of strategic funding. READ MORE

April 23, 2019

Apache deferring shale gas production at Alpine due to takeaway

BY Luke GeiverFound In:Exploration & Production, Infrastructure & ConstructionApache Corp. is deferring natural gas production from its Alpine High play due to low gas prices at WAHA Hub. The reductions will amount to roughly 250 million cubic feet per day of gross production. READ MORE

April 22, 2019

Report: Ohio shale industry has attracted $74B since 2011

BY JobsOhio Found In:Exploration & ProductionUpstream activities, such as drilling or royalties, accounted for more than $3.4 billion of this total. According to the Ohio Department of Natural Resources, 157 wells were listed as “drilled, drilling or producing” in Ohio. READ MORE

April 22, 2019

Halliburton Q1 updates reveal complexity of US frac market

BY Luke GeiverFound In:Exploration & Production, Products & TechnologyThe hydraulic fracturing market across the North American shale scene is as complex as ever. Halliburton CEO Jeff Miller explained the changes, offerings and strategies the global energy service giant has experienced in the past years, and months. READ MORE

April 22, 2019

Oil price edges up after US State Dept decision on Iranian oil

BY Luke GeiverFound In:Exploration & ProductionWest Texas Intermediate oil traded at its highest rate in nearly six months today, reaching nearly $66/b. The pricing reflects political turmoil between the U.S. and Iran. READ MORE

April 22, 2019

Bayou Bridge Pipeline could aid Bakken, DJ, Powder River shippers

BY Luke GeiverFound In:Exploration & Production, LogisticsEnergy Transfer LP and Phillips 66 Partners LP have announced plans to potentially expand crude oil shipper access on a Louisiana refinery-linked system to Bakken, Powder River, DJ Basin, and Permian Basin producers. READ MORE


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