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LATEST NEWS

March 22, 2019

Murphy sheds Malaysian assets to focus on Eagle Ford, US offshore

BY Luke GeiverFound In:Exploration & ProductionMurphy Oil Corp. will use the proceeds from a $2.1 billion sale of its Malaysian oil assets to enhance U.S. onshore and offshore operations. The Arkansas-based exploration and production company has agreed to sell 48,000 bopd. READ MORE

March 20, 2019

Nuevo Dos acquires Eagle Ford logistics assets, plans expansion

BY Nuevo Dos Found In:LogisticsNuevo Dos plans to expand the system, which currently consists of approximately 100 miles of gathering pipeline that feeds a central delivery point with 300,000 barrels of crude oil storage and a six-bay truck station. READ MORE

March 20, 2019

Shale study: Marcellus to supply 45 percent of natural gas to US

BY JobsOhio Found In:Exploration & ProductionNatural gas from the tri-state region of Ohio, Pennsylvania and West Virginia will supply 45 percent of the nation’s production by 2040, up from 31 percent this year. READ MORE

March 19, 2019

Oilfield trucking company gives drivers a reason to stay

BY Patrick C. Miller Found In:LogisticsBrady Trucking Inc., which works with oilfield service companies throughout the Rocky Mountain region, is using Stay Metrics surveys to give its drivers reasons to stay with the company. Driver turnover has been reduced by 31 percent. READ MORE

March 19, 2019

Montage Resources reports record fourth quarter revenues

BY Patrick C. Miller Found In:Exploration & ProductionOperating in the Marcellus and Utica shale plays, Montage Resources reported company record revenues of $171.2 million during the fourth quarter of 2018. Montage has 227,000 undeveloped acres in Ohio, Pennsylvania and West Virginia. READ MORE

March 19, 2019

U.S. Gulf Coast becomes net oil exporter in late 2018

BY Energy Information Administration Found In:Exploration & Production, Infrastructure & ConstructionAccording to the U.S. Energy Information Administration, several continuing trends pushed crude oil exports higher and imports lower, resulting in the Gulf Coast becoming a net crude oil exporter in the last two months of 2018. READ MORE

INDUSTRY EVENTS

2019 Bakken Conference & Expo

July 16-17, 2019
Bismarck Event Center
Bismarck, North Dakota

2019 Permian Conference & Expo

October 15-16, 2019

Midland, Texas

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June 2018

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