Showing the latest 30 articles

< previous 30 articles

December 13, 2018

Energy law firm: oil, gas outlook for 2019

BY Baker Botts Baker Botts is seen a as world class global energy law firm. The firm has provided insight into the oil and gas market in 2019 based on three main focus areas for above- and below-surface issues. READ MORE

December 12, 2018

Marathon reports production results from Bakken core extension

BY Marathon Oil Corporation Marathon Oil Corp. has announced encouraging early production results at an important four-well Middle Bakken pad in the company's Ajax area of the Williston Basin in Dunn County, North Dakota. READ MORE

December 11, 2018

ConocoPhillips rolls out new operating model for 2019

BY Luke Geiver“We no longer think of our value proposition as merely disciplined, we view it as the new order. We are running our business for sustained through-cycle financial returns, which is necessary for attracting investors back to the E&P sector." READ MORE

December 11, 2018

Marcellus shale transload facility receives federal grant

BY Luke GeiverThe U.S. Department of Transportation has awarded Hannibal, Ohio, a $20 million grant to improve a rail and pipeline energy transload facility that serves the Marcellus and Utica shale plays. READ MORE

December 10, 2018

USGS releases new oil-in-place assessment for two Permian zones

BY U.S. Geological Survey The U.S. Department of the Interior has announced the Wolfcamp Shale and overlying Bone Spring Formation in the Delaware Basin portion of Texas and New Mexico. READ MORE

December 10, 2018

Hess boosting rig count, production in Bakken for 2019

BY Luke GeiverTo deliver strong returns, production growth and significant future free cash flow, Hess Corp. will spend 75 percent of its 2019 capital budget in the Bakken shale play. The Bakken will receive $1.425 billion. READ MORE

December 10, 2018

Chevron 2019 shale plans includes $3.5B to Permian

BY Luke GeiverChevron has earmarked $3.5 billion for the Permian in 2019. The oil major released a basic spending for 2019 that will equal $20 billion for both upstream and downstream across its U.S. and international operations. READ MORE

December 06, 2018

Special crystalline added to concrete shale facility in Permian

BY Penetron The large saltwater disposal tanks at the Balmorhea Shale Oil Facility in West Texas, completed in November 2018, included PENETRON ADMIX in the concrete. READ MORE

December 05, 2018

P2 releases AI system for shale lease management

BY Luke GeiverArtificial intelligence can now be used for oilfield leases. ThoughtTrace, a tech company that uses AI for quickly assessing and compiling critical information in legal documents, is working with P2 on a system for the Permian. READ MORE

December 04, 2018

The impact of Qatar’s exit from OPEC

BY Wood Mackenzie Qatar has announced it will withdraw from OPEC in January 2019, putting an end to its 57-year membership of the producer's cartel. Qatar, which said it intends to focus on its gas production will now look to LNG expansion. READ MORE

December 04, 2018

Permian pressure pump tech testing complete, AFGlobal eyes 2019

BY Luke GeiverGlobal original equipment manufacturer AFGlobal has completed a field trial of a new frack pump. In the Permian Basin, AFGlobal has completed testing of its trademarked DuraStim pump and is now looking to begin taking orders for its technology. READ MORE

December 03, 2018

Jupiter makes move to connect Permian wells to the world

BY Luke GeiverJupiter CEO Tom Ramsey believes the Texas crude transport, storage and pipeline operator can soon connect the Permian wellhead to the world. Jupiter MLP is now collecting shipper interest in a Permian pipeline linked to three export terminals. READ MORE

November 30, 2018

Rystad shale analyst details new decline curve forecast model

BY Luke GeiverRystad Energy's Alexandre Ramos-Peon, a senior analyst for the energy analytics firm, has released new input on the use of artificial intelligence and machine learning in shale well decline curve forecasting. READ MORE

November 28, 2018

With eye on discounted Bakken crude, Par Pacific buys refinery

BY Luke GeiverA Houston-based energy infrastructure company will pay nearly $340 million for a Washington refinery advantaged because of its connection to Bakken crude. READ MORE

November 28, 2018

Chesapeake, Pronghorn agree to shale sand contract in Wyoming

BY Luke GeiverFor Chesapeake, Pronghorn will provide sand management, logistics and wellsite services for the E&P’s Wyoming Powder River Basin operations. In 2019, Chesapeake believes its oil production in the PRB will double. READ MORE

November 28, 2018

Sourcewater bolsters Permian water supply database

BY Sourcewater Inc. Sourcewater Inc., a leading provider of oilfield water intelligence, has announced that it has acquired the data and technology of Digital H2O Inc. Digital H2O was a pioneer in the oilfield water data space. READ MORE

November 26, 2018

Port of Corpus Christi becoming shale oil hub of North America

BY Luke GeiverWith two- to three-million new barrels of oil per day expected at the Port of Corpus Christi next year, leadership at the burgeoning shale oil export hub said the appropriate infrastructure is on the way. READ MORE

November 26, 2018

Questor gains Bakken, Permian clients for waste gas systems

BY Questor Technology Inc. Its high-performance emissions control delivers value in the form of increased oil production for clients while limiting NOx and VOCs to low and compliant levels. READ MORE

November 26, 2018

To focus on Permian, QEP sells Haynesville assets

BY Luke GeiverAethon Energy is putting its investment expertise to work in the Haynesville shale. The Dallas-based energy investment company that is active in many of North America's most active shale plays, will buy assets from QEP Resources. READ MORE

November 20, 2018

Houston Advanced Research Center to study flaring tech for shale

BY Houston Advanced Research Center Flaring issues vary across the U.S. with complex regulatory, economic and infrastructure frameworks. A team comprised of researchers from the Houston Advanced Research Center (HARC) and others will evaluate new tech, and economic factors. READ MORE

November 20, 2018

ND Bakken rewrites oil, gas production record books in September

BY Luke GeiverNorth Dakota's oil and gas industry broke nearly every major production record for the month of September. That state added nearly 70,000 barrels of oil to production totals for the month to exceed 1.3 million barrels of oil produced per day. READ MORE

November 20, 2018

Forbes Energy adds long-reach coiled tubing service to shale ops

BY Forbes Energy Services Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services to oil producers predominantly in the Permian Basin. The company has been an early mover in bringing high capacity coiled tubing units. READ MORE

November 16, 2018

Anadarko outlines 2019 shale plans, new dividend payments

BY Luke GeiverAnadarko Petroleum Corp. will spend billions across its shale acreage in Texas and Colorado in 2019. The plan for next year involves a capital budget spending range between $4.3 billion to $4.7 billion. READ MORE

November 16, 2018

Titan tests, proves electric power tongs on DJ Basin rig

BY Titan Casing By utilizing a drilling rig's hydraulic systems to operate casing power tongs, rather than diesel powered Hydraulic Power Units, Titan Casing has made a large step forward in making drilling locations safer and more economical. READ MORE

November 15, 2018

Pioneer, Covia shift sand operations to West Texas

BY Luke GeiverPioneer Natural Resources continues to pivot out of the pressure pumping and frack sand business. The exploration and production company based out of Dallas announced plans to transition out of a sand operation. Covia will also change site locales. READ MORE

November 15, 2018

Rosehill CEO talks southern Delaware Basin well results

BY Luke GeiverRosehill Resources reported strong third quarter results for 2018 and highlighted how much running room and learnings the Delaware Basin still has despite the frantic pace of development that has taken place in the last five years. READ MORE

November 14, 2018

Former Oxy CEO gives update on new shale E&P venture

BY Luke GeiverWhen Steve Chazen and his team at Magnolia Oil and Gas set out to build a new exploration and production company the goal was to build an E&P that was attractive to general investors. READ MORE

November 14, 2018

SPAC merging with shale workforce housing giant Target Lodging

BY Luke GeiverSpecial purpose acquisition companies (SPACS) are now looking beyond the exploration and production business and into the temporary housing service providers that serve E&P crews. READ MORE

November 13, 2018

PwC explains impacts of Q3 shale deal values

BY Staff In the third quarter, shale deal values increased by 73 percent compared to the previous quarter. The $122.8 billion recorded for Q3 2018 marks the second highest deal value total since the third quarter of 2014. PwC explains the trends and impacts. READ MORE

November 13, 2018

Natural gas report: producers scurry to satisfy demand

BY Staff The natural gas production and logistics industry is set to surge because of renewable power generation demand across the globe. The growth will also happen, despite recent trade disputes, according to a new report by Black & Veatch. READ MORE

< previous 30 articles