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August 15, 2017

Whiting moves $500M in Bakken assets to pay down debt

BY Luke GeiverWhiting Petroleum Corp. is committed to paying down debt. The Denver-based exploration and production company announced this week plans to sell nearly 30,000 acres of Bakken/Three Forks acreage for $500 million. READ MORE

August 15, 2017

Carrizo narrows focus to Delaware, Eagle Ford

BY Luke GeiverCarrizo Oil and Gas has operated in 14 states and completed more than 800 horizontal wells. Following the acquisition of Delaware Basin acreage, the exploration and production company has set its sights on two plays, the Permian and Eagle Ford. READ MORE

August 15, 2017

Fluid management firm Goodnight Midstream enters third shale play

BY Luke GeiverGoodnight Midstream has expanded its network of water fluids operations to another shale play. After success in the Bakken followed by the Permian, the Dallas-based company has established a presence in the Eagle Ford. READ MORE

August 15, 2017

Shell adds Canadian shale assets to methane detection challenge

BY Staff Shell has become the latest major energy producer to join the Methane Detectors Challenge. The multi-stakeholder initiative run by the Environmental Defense Fund is now helping Shell to track and monitor emissions at Canadian shale sites. READ MORE

August 15, 2017

Industry groups oppose shutdown of Dakota Access Pipeline

BY Patrick C. MillerFive industry groups are urging a federal judge to allow the Dakota Access Pipeline to continue operating while legal matters are being resolved. Stopping the oil flow would not only hurt North Dakota, but also have negative impacts across the U.S. READ MORE

August 15, 2017

Bakken, STACK drive Continental’s second quarter production

BY Patrick C. Miller Optimized well completions in the Bakken and STACK shale plays are expected to boost Continental Resources' production up to 31 percent by year's end. The company has already reached a production milestone of 250,000 barrels of oil per day. READ MORE

August 15, 2017

Oil and gas groups explain why NAFTA is good for energy industry

BY Staff In a joint paper, the American Petroleum Institute, the Canadian Association of Petroleum Producers and the Mexican Association of Hydrocarbon Companies have gone on record to explain why they support the North American Free Trade Agreement. READ MORE

August 15, 2017

3Bear Energy announces Delaware gathering, processing system

BY 3Bear Energy Denver-based 3Bear Energy announced plans for a new gathering and processing system in the northern Delaware Basin of New Mexico. The facilities will include a gas processing plant and a crude terminal. It's expected to be operational in early 2018. READ MORE

August 08, 2017

Marathon unveils exciting Bakken results, other shale firsts

BY Luke GeiverMarathon Oil Corp. CEO Lee Tillman believes the exploration and production company's second quarter operational performance was "outstanding," including its 30-day IP results in the Bakken. READ MORE

August 08, 2017

BP announces major shale gas discovery in New Mexico

BY Patrick C. Miller The Mancos Shale of New Mexico's San Juan Basin could be a significant new source of U.S. natural gas. International oil and gas producer BP this week announced that a new well there has achieved the highest initial production rate seen in 14 years. READ MORE

August 08, 2017

Oilfield waste service expands in Permian

BY Milestone Environmental Services Milestone Environmental Services, an oil and gas waste management company, has announced the ground breaking of its new oilfield waste disposal facility located south of Midland, Texas. READ MORE

August 08, 2017

Trinidad Drilling reports optimism on Permian rig demand

BY Luke GeiverDrilling rig demand and dayrate prices are both improving, according to Brent Conway, president of Calgary-based Trinidad Drilling, despite unstable commodity prices. In the first half of 2017, Trinidad has relied on the Permian for improved rates. READ MORE

August 08, 2017

WPX boots its 2017 production forecast by 10 percent

BY Patrick C. Miller Better than expected results from completions in the Delaware and Williston basins caused WPX Energy to boost its production increase in 2017 from 30 percent to 40 percent. The company also reported a significant increase in production revenue. READ MORE

August 07, 2017

Construction on new Oklahoma transload facility begins this month

BY Patrick C. Miller Oklahoma’s STACK and SCOOP plays are getting their first independent, dedicated proppant transloading facility. A seven-year agreement between Solaris Oilfield Infrastructure and an E&P producer in the STACK could open the way to more development. READ MORE

August 01, 2017

Whiting Petroleum reports second quarter results

BY Patrick C. Miller For the second quarter of 2017, Whiting Petroleum reported that it will reduce capital expenditures while increasing production 14 percent through the end of the fourth quarter, primarily because of enhanced completions in the Williston Basin. READ MORE

August 01, 2017

Premier expands completion workflows with NSI acquisition

BY Premier Oilfield Laboratories Premier Oilfield Laboratories LLC has acquired NSI Technologies LLC. NSI is a petroleum industry software and consulting firm specializing in the design, optimization and execution of hydraulic fracturing treatments for operators worldwide. READ MORE

August 01, 2017

Permian E&Ps hedge 65 percent to support production goals

BY Staff Exploration and production companies in the Permian Basin are supporting their aggressive production goals for 2017 by hedging 65 percent of their production at $50 a barrel, according to a new analysis by IHS Markit. READ MORE

August 01, 2017

Major shale completion company shows strong Q2 results

BY Luke GeiverKeane Group Inc., one of the largest pure-play well completion service providers in the U.S., has reported strong results for the second quarter when compared to the previous quarter. READ MORE

August 01, 2017

Conference panel addresses questions on Dakota Access Pipeline

BY Staff What can the oil and gas industry and pipeline companies do to address issues surrounding the construction of the Dakota Access Pipeline? A panel at the Bakken Conference & Expo addressed industry's response and what could be done better. READ MORE

August 01, 2017

With a premier STACK position, Devon sheds Eagle Ford assets

BY Luke GeiverDevon Energy, the Oklahoma City-based exploration and production company that believes it has an industry-leading position in the STACK play present in Oklahoma, is selling off assets located in the Eagle Ford for $340 million. READ MORE

August 01, 2017

Study reveals massive job impact of oil, gas industry to US

BY American Petroleum Institute The American Petroleum Institute has released a new study showing that the natural gas and oil industry supported 10.3 million U.S. jobs and added $1.3 trillion to the nation's economy in 2015, numbers that API say validate the role of U.S. oil. READ MORE

August 01, 2017

Water management provider from Bakken adds Permian operations

BY Luke GeiverResirkulere USA, a total water management solutions provider offering real-time mobile water recycling and hydrocarbon separation for drill-outs and clean-outs, has announced its expansion into the Permian Basin. READ MORE

July 25, 2017

BLM proposes to rescind 2015 rule on hydraulic fracturing

BY Patrick C. Miller The Bureau of Land Management on Tuesday published a notice in the Federal Register proposing to rescind its 2015 rule on hydraulic fracturing. The controversial rule never went into effect because of pending litigation. READ MORE

July 25, 2017

Abraxas CEO: What's good for the Bakken is good for the Permian

BY Patrick C. Miller Recent conventional wisdom points to the Permian Basin as the hottest shale play in the U.S. But Abraxas CEO Robert Watson says that the economics of the Bakken have proven just as good. With operations in both basins, he should know. READ MORE

July 25, 2017

Quanta Services acquires infrastructure solutions company

BY Quanta Services Quanta Services Inc. has acquired Texas-based Stronghold Ltd. and Stronghold Specialty Ltd. Stronghold operates throughout the U.S. and has 10 specialty services companies that provide solutions to the downstream and midstream energy markets. READ MORE

July 18, 2017

ND Gov. Doug Burgum inspires, challenges oil and gas industry

BY Patrick C. Miller Addressing the Bakken Conference & Expo in Bismarck, North Dakota Gov. Doug Burgum challenged the state's oil and gas industry to increase its production to 2 million barrels per day and develop innovative technologies to prevent oil spills. READ MORE

July 18, 2017

Conference speakers say the Bakken has a lot going for it

BY Patrick C. Miller Speakers during the first day of the 2017 Bakken Conference & Expo in Bismarck discussed oil and gas trends and talked about why, despite the downturn in oil prices, the Williston Basin is still going strong. READ MORE

July 18, 2017

How OPEC tried, but failed, to kill the Bakken

BY Patrick C. Miller Although OPEC tried to put the Bakken out of business and failed, Daniel Fine, associate director of the New Mexico Center for Energy Policy, cautions that U.S. producers focused on short-term results would be wise to study OPEC's history. READ MORE

July 17, 2017

Facebook founder tours Bakken oilfields

BY North Dakota Petroleum Council Facebook Founder and CEO Mark Zuckerberg visited the Bakken last week and had the opportunity to tour an oil rig near Williston, N.D. During the two hour tour, Zuckerberg visited with oil and gas employees. READ MORE

July 14, 2017

In Depth: Petro Waste Environmental transition between basins

BY Patrick C. MillerPetro Waste Environmental LP was fortunate that when the company launched in 2012 with the goal of providing nonhazardous waste services to shale oil producers in the Eagle Ford, it also had an eye on the Permian Basin's potential. READ MORE

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