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September 12, 2019

Split Rock Resources gains $140M to target DJ Basin shale

BY Split Rock Resources Split Rock's objective is to acquire oil and gas assets comprised of non-operated working interests in all phases of the well life-cycle including permitted wells, drilled but uncompleted wells, and producing wells in the DJ Basin. READ MORE

September 10, 2019

Private equity team, oilfield data firm partner for shale focus

BY Quantum Energy Partners Quantum Energy Partners is changing the traditional private equity landscape by leveraging technology and innovative data science through a partnership with advanced analytics firm RS Energy Group. READ MORE

September 10, 2019

Crediting shale gas, Equate Group opens new TX petrochem plant

BY Luke GeiverA global petrochemical producer with industrial complexes in North America, Kuwait and Europe is taking advantage of the abundance of U.S.-produced shale gas. READ MORE

September 10, 2019

Oilfield chemical maker planning $8M facility in Permian

BY Luke GeiverCalifornia-based Enviro Tech Chemical Services is heading to West Texas to serve the shale oil industry. The company announced plans this month to build an $8 million facility to produce oilfield chemicals. READ MORE

September 09, 2019

Shale gas exporter expanding with $1.2B investment from Australia

BY Luke GeiverHouston-based liquefied natural gas processor and exporter Freeport LNG has gained more than $1 billion from an Australian-based investment firm. Westbourne Capital has announced its intentions. READ MORE

September 09, 2019

Shale water innovator earns $7.2M investment

BY Luke GeiverFor every barrel of oil produced in the Permian Basin, there are more than tell barrels of associated water that are sourced, recycled, transported and disposed of, according to Joshua Adler, CEO of Sourcewater. READ MORE

September 09, 2019

Odessa-based Saulsbury announces growth plans into Bakken, DJ

BY Saulsbury Industries Saulsbury is pleased to announce the expansion of their field services operations into Milliken, Colorado and Casper, Wyoming. These new locations will support the oil and gas industry in the Bakken and the DJ Basin. READ MORE

September 03, 2019

New Permian whitepaper indicates industry shakeup looming

BY Hastings Equity Partners, University of Houston Energy Research In the early days of this oil revolution, the independent oil and gas companies were nimble and profitable. They acquired leases, assets, and mineral rights with more alacrity than their major counterparts. READ MORE

September 03, 2019

Downhole completion tech firms form single company for US shale

BY The WellBoss Company Downhole Technology LLC and Resource Well Completion Technologies Inc. are combining on October 1, 2019. Resource Well Completion Technologies is a leading innovator and developer of market-leading technologies. READ MORE

September 03, 2019

Concho sells NM Shelf assets for $925M, plans share repurchase

BY Concho Resources Concho Resources Inc. today announced that it has entered into a definitive agreement to sell its assets in the New Mexico Shelf to an affiliate of Spur Energy Partners LLC for $925 million. READ MORE

September 03, 2019

IHS releases shale production data, decline rates for US wells

BY IHS Markit IHS Markit has harnessed the power of artificial intelligence (AI) to assess, automate and predict future production for each of the nearly one million currently producing oil and gas wells in its North American databases. READ MORE

September 03, 2019

Brigade Energy adds production assets from Nine Energy for $17M

BY Luke GeiverNine Energy is selling its shale oil and gas production assets. The Texas-based energy service provider that operates in several North American shale plays, will receive roughly $17 million in cash from Brigade Energy Services. READ MORE

August 20, 2019

Certarus enters Permian with flare capture, electric frac tech

BY Luke GeiverCalgary-based Certarus Ltd. is bringing its virtual natural gas pipeline to West Texas shale country. The company announced plans to deploy a flare gas capture process used to power an electric hydraulic fracturing fleet starting this year. READ MORE

August 20, 2019

Crestwood’s shale assets will provide shareholder returns

BY Luke GeiverCrestwood Equity Partners is on the cusp of providing investors with returns on their commitment to the midstream energy asset owner and operator. READ MORE

August 20, 2019

GDP gain realized in shale boom’s first 10 years

BY Mine Yücel, Michael D. Plante Given that the actual increase in U.S. GDP was 10 percent over the period, the shale boom accounted for one-tenth of the overall increase. Although the oil sector makes up less than 1.5 percent of the economy. READ MORE

August 20, 2019

Data Gumbo, Antelope Water bring blockchain tech to Permian shale

BY Data Gumbo Corp. Data Gumbo Corp., a Houston-based technology company that has developed a blockchain-as-a-service platform to streamline smart contracts for oil and gas, has announced that Antelope Water Management will deploy the tech in the Permian Basin. READ MORE

August 20, 2019

XRI opens Delaware Basin shale water supersystem

BY XRI In developing this Northern Delaware Basin Supersystem, XRI has designed and built infrastructure necessary to mitigate unnecessary disposal and water transportation costs for its customers through blending, reuse and pipeline transportation. READ MORE

August 19, 2019

Crusoe Energy's flare-powered data centers expanding in US shale

BY Crusoe Energy Crusoe marries technology-empowered solutions with one of the booming oil industry’s greatest environmental challenges. Crusoe uses gas that would have otherwise been burned in the air as a “flare,” and instead powers modular, mobile data centers. READ MORE

August 13, 2019

Anvil Energy provides capital outlet to Bakken, Permian E&Ps

BY Luke GeiverThe recent investments by Anvil are part of a larger, $150 million investment plan targeting three areas: operators looking to acquire, refinance or further develop assets; first lien loans; and for upstream exploration and production companies. READ MORE

August 13, 2019

Permian pipeline helps Trafigura connect WTI barrels to the world

BY Trafigura Trading LLC “Thanks to our worldwide network, we can demonstrate to U.S. producers a unique ability to place barrels with end customers around the world, from the Mediterranean to the Far East. WTI is fast becoming a global benchmark again," the company said. READ MORE

August 13, 2019

Marathon explains success in shale growth, pleasing investors

BY Luke GeiverMarathon Oil is delivering on its plans to grow its North American shale resource production base, generate free cash flow and deliver investors with fiscal value through share buybacks or dividend payments. READ MORE

August 12, 2019

To expand the Bakken, ND Gov visits Canadian petrochemical site

BY Office of North Dakota Governor Doug Burgum The Department of Commerce estimates that primary and secondary refinement of North Dakota’s rich natural gas could draw more than $9 billion in capital investment while providing hundreds of good-paying jobs and generating additional tax. READ MORE

August 12, 2019

Chevron, EVX use new produced shale water pipe in Eagle Ford

BY Chevron Phillips Chemical Co Designed for high-temperature environments, this unique high-density polyethylene pipe will help decrease the need for heavy-haul trucks to transfer produced waste water, which will reduce traffic on public roads by an estimated 250,000 trucks. READ MORE

August 12, 2019

Oilfield automation and measurement firm expands into new regions

BY Eagle Automation The acquisition strengthens Eagle’s capabilities in the Permian and MidCon while expanding the company into South and Central Texas. READ MORE

August 06, 2019

Noble turns to DJ, Delaware Basins for shale efficiency gains

BY Luke GeiverLike the majority of major exploration and production companies operating within the U.S. unconventionals space, Noble Energy is currently focusing on generating free cash flow and returning capital to investors. READ MORE

August 06, 2019

Hess records strong Q2 Bakken production numbers

BY Luke GeiverBakken oil production is going strong for Hess Corp., the exploration and production company said during its latest investor update. The E&P came in at the upper end of production guidance for Q2. READ MORE

August 06, 2019

Lagoon, Continental agree to historic SCOOP/STACK water deal

BY Lagoon Water Solutions Lagoon, under the terms of the agreement, will be the first midstream company to provide recycled water for completion operations in Oklahoma. READ MORE

August 06, 2019

Caliber Midstream bolsters Bakken assets through acquisition

BY Caliber Midstream Holdings Caliber Midstream Holdings LP has acquired the North Dakota assets previously owned by American Midstream Partners LP. The assets are connected to the Dakota Access Pipeline. READ MORE

August 05, 2019

Concho signs with Solaris for Delaware Basin shale water services

BY Solaris Water Midstream Concho Resources Inc. and Solaris Water Midstream LLC have announced the formation of a strategic joint venture focused on optimizing produced water logistics at scale in the Northern Delaware Basin. READ MORE

August 05, 2019

Hexion, Black Mountain Sand partner on Permian shale resin

BY Hexion Inc. This unique partnership joins together one of the leading resin-coated proppant suppliers with the fastest-growing sand supplier in the world. Hexion’s Voyager resin-coating service unit will be strategically located at a Black Mountain Sand site. READ MORE

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