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April 26, 2017

Resource Energy adds to Bakken position, makes third acquistion

BY Luke GeiverResource Energy Can-Am LLC has added to its growing position in the Bakken. The Denver-based exploration and production company that first entered the Bakken during the middle of the downturn has made its third Bakken-based asset acquisition. READ MORE

April 26, 2017

Liberty, using ticker of best damn frac Co., issues IPO

BY Luke GeiverLiberty Oilfield Services Inc. is taking its goal to become the best damn frack company to the New York Stock Exchange. The Denver-based oilfield and pressure pumping service provider has launched an IPO for $16 to $19 per share. READ MORE

April 26, 2017

Talking points for explaining the Permian

BY Staff Per U.S. EIA data from today, the Permian’s oil production and resource assessments will continue to increase. For those wondering why, here are four talking points to remember. READ MORE

April 26, 2017

Diverter distributors explain shale industry trend

BY Staff This week's question and answer piece stems from an upcoming feature story soon to be released regarding a major industry trend on the use of diverters for well completions. We spoke with two developers and distributors who serve oil and gas clients. READ MORE

April 26, 2017

Precision Drilling’s 2017 start shows sharp difference from 2016

BY Luke GeiverPrecision Drilling Corp.'s rig activity levels have tripled from a year ago. The Canadian-based company is currently running 60 rigs in the U.S. and roughly 90 in Canada. READ MORE

April 26, 2017

American Power Group sees large quarterly revenue increase

BY Patrick C. Miller Increased oil and gas activity in the U.S. and Canada has been good for American Power Group, which is expecting a significant revenue increase in its quarterly report. The company's natural gas conversion system is one reason for the resurgence. READ MORE

April 26, 2017

EPA issues 90-day stay on fugitive methane emissions rule

BY Patrick C. Miller The Environmental Protection Agency will stay compliance for 90 days on its fugitive methane emissions rule for the oil and gas industry. The agency will convene a proceeding to reconsider the rule's monitoring requirements. READ MORE

April 25, 2017

Lack of pipeline infrastructure hurts northeastern states

BY Patrick C. Miller A new report from the U.S. Chamber of Commerce's Institute for the 21st Century shows that consumers in the northeastern U.S. are already being hurt by a lack a pipeline infrastructure. It's a situation that will only grow worse by 2020. READ MORE

April 19, 2017

ND production unexpectedly tops 1 million barrels per day again

BY Patrick C. Miller North Dakota's crude production unexpectedly topped the 1 million barrels per day mark in February. But Lynn Helms, director of the state’s Division of Mineral Resources, thinks other factors might cause production to drop again in March and April. READ MORE

April 19, 2017

Updated USGS assessment triples amount of nat gas in Haynesville

BY Luke GeiverTechnological advancements present in the North American shale industry during the past four years have helped to increase oil and gas production, and, the importance of continuous assessment work by the U.S. Geologic Survey. READ MORE

April 19, 2017

Data for comparing shale plays

BY Staff New data from S&P Global Platts outlines some of the changes that have taken place amongst oil and gas production companies and within certain North American shale plays. Taylor Carvey, analyst, outlines the changes. READ MORE

April 19, 2017

Western Canada lacks pipeline capacity for more crude production

BY Patrick C. Miller A new report from IHS Markit says western Canada lacks the pipeline capacity to handle an additional 1 million barrels per day of production expected by 2020. A five-year review process is creating uncertainty for producers. READ MORE

April 19, 2017

Survey: Oil price in 5 years and thoughts on service cost changes

BY Staff The survey provides some great insight into the regional mood regarding oil prices for increased activity, the job market and even what oil prices need to be or will be in five years. READ MORE

April 19, 2017

Sioux tribe plans to stop DAPL oil flow scheduled for next month

BY Patrick C. Miller Filings made by Energy Transfer Partners with the Federal Energy Regulatory Commission say oil should be flowing through the Dakota Access Pipeline by mid-May. However, the Standing Rock Sioux Tribe is stepping up its efforts to halt the flow. READ MORE

April 19, 2017

MIT water tech team proves worth in Permian, Marcellus

BY Luke GeiverAn MIT spin-off company has found its footing in the oil and gas industry with its evaporation-based approach to wastewater treatment. The system has now been deployed in the Permian and Marcellus. READ MORE

April 19, 2017

Permian-to-Cushing pipeline planned, is Memphis oil’s last stop?

BY Luke GeiverA well-established pipeline provider in the Permian Basin has announced plans to move oil from West Texas northeast to the nation's largest oil storage hub in Cushing, Oklahoma. READ MORE

April 12, 2017

Permian shale optimism linked to new term: the cubic mile

BY Luke GeiverRandy Foutch, founder and CEO of Laredo Petroleum Inc. is one of many Permian-focused exploration and production executives that has touted a new term for the oil- and gas-producing shale region of West Texas and New Mexico. READ MORE

April 12, 2017

Enterprise Products Partners announces Permian NGL pipeline plans

BY Enterprise Products Partners To serve what Enterprise Products Partners CEO A.J. Teague calls one of the hottest plays in North America, the company announced plans to build a 571-mile-long NGL pipeline in the Permian Basin. It will connect to a complex in Mont Belvieu, Texas. READ MORE

April 12, 2017

Oilfield giant focuses on data-infused tech for better recovery

BY Staff One of the largest shale service providers in the world is focused on improving its use of data to help its producer clients continue their efforts in places like the Bakken, Permian or Eagle Ford. READ MORE

April 12, 2017

SkyX builds drones for pipeline inspection, mapping, surveillance

BY Patrick C. Miller SkyX, a Canadian company, is offering a new drone solution to the oil and gas industry. It's SkyOne vertical-takeoff-and-landing unmanned aircraft system (UAS) was designed with pipeline inspections in mind. READ MORE

April 12, 2017

NuStar finds entrance into another major shale play for $1.4B

BY Luke GeiverAfter searching for 18 months for a way to break into the Permian Basin, NuStar Energy LLP has found its entrance. For $1.475 billion, the pipeline and storage company has signed a definitive agreement to acquire assets in the core of the core. READ MORE

April 12, 2017

Shale mineral rights investors share insight on new market

BY Luke GeiverLongpoint Minerals is considered a startup in the relatively new business of mineral and royalty investment. Will Cullen, vice president of the Denver-based firm along with others explain the new interest and opportunity in the mineral space. READ MORE

April 12, 2017

Naval War College considers impact of U.S. shale oil exports

BY Patrick C. Miller Increasing exports of American shale oil means the U.S. Navy must be prepared to protect waterborne transport between key production and consuming regions, according to Sarah Emerson, president of Energy Security Analysis Inc. READ MORE

April 11, 2017

Dallas Fed surveys 11th District oil and gas firms

BY Staff Oil and gas companies in the Federal Reserve's 11th District, which includes Texas and parts of Louisiana and New Mexico, experienced rising business activity in the first quarter of 2017. It was the second straight quarter of expansion. READ MORE

April 05, 2017

Schlumberger CEO addresses key needs of oil and gas industry

BY Staff During a conference address last month, Paal Kibsgaard, Schlumberger chairman and CEO, expressed concern that production and reserves are not keeping pace with depletion rates. He said this indicates a need for greater E&P spending. READ MORE

April 05, 2017

Why the Permian is at the center of the oil, gas universe

BY Luke GeiverAcreage in the Permian Basin of West Texas and New Mexico may be expensive, but it is worth every penny. The Permian deserves every ounce of investor love, said Mike Kelly, managing director at Seaport Global Securities LLC. READ MORE

April 05, 2017

Big-name oil analyst provides insight on oil price trends

BY Luke GeiverOil price drives the narrative of global oil supply and demand, according to Dave Pursell, managing director and head of macro research at Tudor, Pickering, Holt & Co. READ MORE

April 05, 2017

New energy study shows impact of “keep it in the ground” policy

BY Patrick C. Miller A new study conducted for the American Petroleum Institute shows the economic impact that a "keep it in the ground" energy policy might have on the U.S. API said it would reverse the gains made in energy independence and improving the environment. READ MORE

April 05, 2017

Ares Management forms Development Capital Resources

BY Ares Management Development Capital Resources has been formed by Ares Management to provide development capital to North American exploration and production operators. The new company's goal is to help operators accelerate growth through their assets. READ MORE

April 05, 2017

Petro Waste opens Orla Landfill in the Delaware Basin

BY Patrick C. Miller Petro Waste Environmental is gearing up for increased activity in the Permain Basin. The Orla Landfill, which opened this week in Reeves County, Texas, is the first in a series of facilities the company plans to serve the oil and gas industry. READ MORE

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