Showing the latest 30 articles

< previous 30 articles

February 22, 2017

Encana finding ways to utilize multi-shale-basin knowledge

BY Luke GeiverWith the continued increase in North American shale activity, some exploration and production companies are experiencing higher charges for service costs. Encana Corp., a multi-basin producer, is not. READ MORE

February 22, 2017

Cimarex shares 56 percent spending increase, sand placement plans

BY Luke GeiverCimarex Energy Co. will spend 56 percent more on exploration and development this year than the operator heavily focused on West Texas and Oklahoma did in 2016 based on better oil prices and increased fracture know-how. READ MORE

February 22, 2017

Could Euro, Asian investors be eyeing the Permian?

BY Staff Mangesh Hirve is the Chief Operating Officer for a global oil and gas research firm called 1Derrick. We talked with Hirve about a new report from his team detailing interest from international investors in U.S. shale plays. READ MORE

February 22, 2017

ND takes action to close Dakota Access protest camp

BY Patrick C. Miller Many of the Dakota Access Pipeline protesters remaining in south central North Dakota left ahead of a deadline set the U.S. Army Corps of Engineers to evacuate the main camp by Wednesday afternoon. Most left peacefully while some set fires. READ MORE

February 22, 2017

EIA upstream analyst talks tight oil projections

BY Staff Troy Cook, senior global upstream analyst (and petroleum engineer by training) for the U.S. Energy Information Administration, talks about his team's work on U.S. tight oil projections and offers input on the role of tight oil production for the U.S. READ MORE

February 22, 2017

Whiting’s production gains now the norm, not a geologic exception

BY Luke GeiverProduction gains for Whiting Petroleum Corp.'s Williston Basin wells are related to enhanced completion technology, not acreage high grading or region-specific geology. Since 2014, Whiting's wells have had an increased average daily production of 84% READ MORE

February 22, 2017

Strong second half in 2016 transformed Diamondback Energy

BY Patrick C. Miller Texas producer Diamondback Energy used a strong second half in 2016 to boost production 40 percent, set company records for well completions and acquire new acreage in a $2.4 billion deal. The acquisition more than doubles its Tier 1 acreage. READ MORE

February 22, 2017

Marathon Oil to spend $2.2 billion on shale resources in 2017

BY Patrick C. Miller Marathon Oil's $2.2 billion capital program for 2017 will focus on its U.S. shale resources in the Permian and the Bakken. The company will focus on retaining leases in Oklahoma's STACK and SCOOP plays and plans activity in the Eagle Ford. READ MORE

February 15, 2017

Bakken has large production dip, but major frack activity starts

BY Luke GeiverSpring can't come soon enough for Bakken oil and gas producers. After three major snowfall events production has undergone a major decrease. But, several fracks with more on the way, are focused on the Bakken. READ MORE

February 15, 2017

Judge won’t stop DAPL work, but new legal challenge emerges

BY Patrick C. Miller Opponents of the Dakota Access Pipeline this week filed a new action against the Corps of Engineers, seeking to stop work on the pipeline crossing beneath the Missouri River. Congress today heard testimony for and against the project. READ MORE

February 15, 2017

Flowtex Energy acquires producing acreage in east Texas

BY Patrick C. Miller Flowtex Energy of Austin has acquired significant producing acreage in east Texas to decrease its time to market. The company plans to continue acquiring under-performing assets to capitalize on the current market downturn. READ MORE

February 15, 2017

What investors are watching in shale

BY Staff Stephen Berman, senior equity research manager at Canaccord Genuity focused on exploration and production companies operating in several major North American shale plays, explains what he is watching in 2017. READ MORE

February 15, 2017

Industry organization launches pro oil and gas ad campaign

BY Patrick C. Miller The American Petroleum Institute debuted its new "Power Past Impossible" awareness and education campaign with a TV commercial during the Super Bowl. It's an effort aimed at helping consumers understand the role oil and gas plays in their lives. READ MORE

February 15, 2017

Mammoth adding frack spreads, restarting sand mine due to demand

BY Luke GeiverCustomer demand has inspired Mammoth Energy Services, an Oklahoma-based oil and gas industry service firm, to order more pressure pumping equipment and start-up a Wisconsin frack sand mining site sooner than planned. READ MORE

February 14, 2017

Shale play data you don't see everyday

BY Staff The health and trending direction for activity levels in most North American shale plays is typically linked to rig count or the number of active pressure pumping units deployed to a given region. But other data sets like these help to tell the story READ MORE

February 14, 2017

Excited for new completion design, Energen plans $795M to Permian

BY Luke GeiverConfident in its Gen3 completion methodology, Energen Corp. intends to ramp-up drilling and fracking activity in the Permian Basin this year. The higher density proppant loading and increased fracture stage design is working, the company said. READ MORE

February 08, 2017

Army Corps easement allows Dakota Access Pipeline completion

BY Patrick C. Miller The U.S. Army Corps of Engineers this week issued the final easement needed to complete the Dakota Access Pipeline which transports oil from North Dakota to Illinois. The decision was met with both praise and criticism. READ MORE

February 08, 2017

New shale energy magazine launches this week

BY North American Shale Magazine Staff Formerly The Bakken magazine, North American Shale magazine focuses on all shale play developments and activity and brings the first-ever shale only focus to the entire shale energy industry. READ MORE

February 08, 2017

Anadarko’s 2017 vision: develop the Delaware Basin

BY Luke GeiverAnadarko Petroleum Corp. has made its 2017 plans clear: the Delaware Basin will receive the majority of its funding and attention. The E&P calls the western portion of the greater Permian Basin an exciting asset. READ MORE

February 08, 2017

Increased oil and gas activity boosts jobs in the Bakken

BY Patrick C. Miller The Bakken boom hasn't returned, but increased oil and gas activity is creating a demand for frack crews, roustabouts and truck drivers in the Williston Job Service North Dakota office. This time, the town is better prepared to handle more workers. READ MORE

February 07, 2017

Trump’s policies show a clearer road ahead for oil and gas

BY Patrick C. Miller It might be too early to determine how the energy policies advocated by the Trump administration will impact the oil and gas industry, but Jonathan Garrett, principal analyst with Wood Mackenzie, believes they provide a clearer path forward. READ MORE

February 07, 2017

Understanding Rising Service Costs

BY Staff Breakeven costs for E&Ps operating in the major U.S. shale plays share similar variables no matter the price of oil or gas, especially services costs, which could or will have a major impact on activity ramp-up. READ MORE

February 07, 2017

Antero ramping up activity in Marcellus, Utica

BY Luke GeiverAntero Resources Corp., a Denver-based exploration and production company focused on the Marcellus and Utica shale plays, has increased its proven reserves and is adding rigs and frack crews. READ MORE

February 07, 2017

Oil sands to Permian: Predator Drilling enters West Texas

BY Luke GeiverPredator Drilling Inc. has found a new place to prowl. The Canadian-based drilling and coring company has announced plans to open a new office in Midland, Texas, to serve the Permian shale play. READ MORE

February 01, 2017

ND Sen: Corps will grant final Dakota Access Pipeline easement

BY Patrick C. Miller Reports out of Washington, D.C., on Tuesday said the issuing of the final federal easement needed to complete the Dakota Access Pipeline was imminent. However, the Standing Rock Sioux Tribe pledged to continue fighting the project in court. READ MORE

January 31, 2017

With Keystone application resubmitted, judge puts hold on lawsuit

BY Patrick C. Miller As TransCanada Corp. accepted President Donald Trump's invitation to resubmit its application for the Keystone XL Pipeline, a federal judge in Texas put a hold on the Canadian company's $15 billion lawsuit against the U.S. government. READ MORE

January 31, 2017

Report addresses shale producers’ ability to ramp-up activity

BY Luke GeiverRig activity ramp-up and increasing deployment of frack crews in the Permian Basin, Bakken and Niobrara is happening. A new report reveals how well shale producers can ramp-up at current oil prices. READ MORE

January 31, 2017

Oil pipelines and Trump: executive actions vs executive orders

BY Patrick C. Miller Houston attorney Scott Marrs explains why President Donald Trump last week signed presidential memos rather than executive orders to move forward with the Keystone XL and Dakota Access pipeline projects. He believes it signals a key policy shift. READ MORE

January 31, 2017

Frack sand provider already feeling 2017 market improvements

BY Luke GeiverAfter a difficult year defined by drilled but uncompleted wells, Carbo Ceramics Inc. CEO Gary Kolstad is optimistic that the oil and gas operating environment is improving. READ MORE

< previous 30 articles