Patrick C. Miller

Latest Posts by Patrick C. Miller

February 09, 2018

Shale Investors Take New Direction

Are the days of achieving the highest possible IP rates over? Are investors now more interested in long-term well productivity than short-term payback? If so, can producers respond to what investors want? READ MORE

January 16, 2018

NuStar Energy to expand capacity of Permian crude system

NuStar Energy is expanding the capacity of its Permian crude transportation and storage system by 70,000 barrel per day. A binding open season on the expansion began Jan. 9 and will run for at least 30 days. READ MORE

January 16, 2018

SM Energy sells Powder River Basin assets for $500 million

SM Energy is selling leases in Wyoming's Powder River Basin to Northwoods Energy for $500 million. The deal will enable SM Energy to reduce debt and focus on developing its Midland Basin and Eagle Ford assets in Texas. READ MORE

January 09, 2018

ONEOK to build $1.4 billion Elk Creek Pipeline to aid Bakken

ONEOK Inc. will add much-needed NGL take-away capacity to the Rocky Mountain region with the construction of the $1.4 billion Elk Creek Pipeline. Expected to be completed in 2019, the pipeline's capacity will be 240,000 barrels per day. READ MORE

January 09, 2018

Engineers generate energy from fossil fuels with no CO2 emissions

A technology under development at Ohio State University can produce energy and other useful products from fossil fuels while eliminating CO2 emissions. Known as chemical looping, the process can also use shale gas to make plastics and carbon fibers. READ MORE

January 09, 2018

Weatherford sells some assets to Schlumberger for $430 million

Weatherford is selling some of its U.S. assets to Schlumberger for $430 million. This transaction replaces the OneStim joint venture between the two companies announced last year. Weatherford plans to use proceeds from the sale to reduce debt. READ MORE

December 18, 2017

Getting the word out: Industry organizations counter activist efforts

Two pro-energy organizations, the Consumer Energy Alliance and the Energy and Infrastructure Alliance, launched programs aimed at countering the messages of anti-energy groups. READ MORE

December 12, 2017

PDC Energy expects 25 percent production increase for 2018

PDC Energy, an independent E&P company headquartered in Denver, next year expects a 25 percent production increase for its operations in Colorado's Wattenberg Field and the Delaware Basin in Texas. It plans capital investments of up to $920 million. READ MORE

December 04, 2017

Game on for Gas Capture Technology

Increases in shale gas production combined with less takeaway capacity and evolving markets translate into a comeback for flare technology demand and use across several U.S. shale plays. READ MORE

October 16, 2017

Oilfield Transformation from Above

Small unmanned aircraft systems are already at work in the oil and gas industry, but major players in aviation are making plans for even more capable drones. READ MORE