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16 hours ago

CME launches new Houston-based WTI futures contract

BY Luke GeiverFound In:Exploration & Production, Logistics, Infrastructure & ConstructionCME Group and Enterprise Product Partners LP are bringing greater transparency to the pricing and risk associated with West Texas Intermediate crude sourced from the Permian. READ MORE

16 hours ago

OPEC: US shale oil plays major role until 2027

BY Luke GeiverFound In:Exploration & ProductionTight oil produced from the U.S. will drive non-OPEC oil supply increases expected until 2027. In the next 8 years, OPEC expects non-OPEC supply to increase by 9 million barrels per day. READ MORE

September 21, 2018

Accenture and SAP team up to digitize oil and gas operations

BY Accenture Found In:Products & TechnologyAccenture, a global professional services company, is teaming with SAP to develop a cloud-based solution to digitally transform upstream oil and gas operations. It includes AI, mobility and blockchain capabilities for operations and cash flow. READ MORE

September 20, 2018

BLM revises rule to reduce flaring on federal lands

BY Patrick C. Miller Found In:Exploration & Production, Infrastructure & ConstructionThe Bureau of Land Management is backtracking on an Obama administration rule issued in 2016 intended to reduce gas venting and flaring on federal lands. A revised final rule has been issued in line with Trump administration energy policies. READ MORE

September 19, 2018

Shale gas saves West Virginians $4.3 billion in energy costs

BY Staff Found In:Exploration & Production, Infrastructure & ConstructionWest Virginia residents and businesses have saved $4.3 billion in energy costs over the past 10 years as a result of oil and gas development in the Marcellus and Utica shale formations, according to a new report from the Consumer Energy Alliance. READ MORE

September 18, 2018

Matador partakes in historic NM Delaware basin acreage buy

BY Luke GeiverFound In:Exploration & ProductionMatador Resources invested $387 million for 8,400 gross acres,or $46,000 per acre, in the New Mexico Counties of Lea and Eddy. Both counties are situated in the prolific Delaware Basin. READ MORE


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September 27-27, 2018
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October 3-4, 2018
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Top News - Headlines from the Week

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June 2018

Field-Driven Upgrading

The Bakken Better than Ever

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