Showing the latest 30 articles

< previous 30 articles

October 08, 2019

Tailwater infuses shale water firm Goodnight Midstream with $500M

BY Luke GeiverTailwater Capital LLC is continuing what it started with Goodnight Midstream in 2016. The Dallas-based energy-focused private equity team will invest more than $500 million into Goodnight's continued expansion. READ MORE

October 08, 2019

USGS shale gas estimates in Appalachian Basin: 214 trillion

BY U.S. Geological Survey "Watching our estimates for the Marcellus rise from 2 trillion to 84 trillion to 97 trillion in under 20 years demonstrates the effects American ingenuity and new technology can have,” said USGS Director Jim Reilly. READ MORE

October 08, 2019

Shale pump for higher sand loads reason for Veretek's record Q3

BY Luke GeiverAn unconventional artificial lift pump is catching on in the shale patch. Veretek Co. achieved record third quarter results thanks to its V-Pump, an artificial lift pump designed to handle high-sand concentrations and gas slugs. READ MORE

October 08, 2019

Milestone begins build on its largest capital project in Permian

BY Milestone Environmental Services This is the third expansion project announced by Milestone this year and, combined with the simultaneous development of its Orla landfill and Big Spring slurry facility, marks the largest simultaneous capital expansion in the company’s history. READ MORE

October 08, 2019

WellBoss, Downhole Tech merger becomes official

BY The WellBoss Company WellBoss will be focused on providing operators with full well completion solutions while reducing inefficiencies in multi-stage fracturing equipment, such as rig idle time, wireline, coiled tubing, and water usage. READ MORE

October 08, 2019

Enterprise to expand Permian, Eagle Ford pipeline

BY Enterprise Product Partners LP Enterprise will build a pipeline that connects the partnership’s 6 million barrel Midland, Texas, storage facility to its ECHO Terminal through its Eagle Ford system, This pipeline will have an initial capacity of 450,000 barrels per day. READ MORE

October 01, 2019

Samson starts strategic review after Powder River well results

BY Luke GeiverAfter strong drilling and production results in an area outside normal development, Samson Resources II LLC is planning a strategic review for its Powder River Basin unconventional oil wells. READ MORE

October 01, 2019

Citizen Energy to buy SCOOP/STACK E&P for $1B

BY Roan Resources Roan Resources Inc. has announced that it has entered into a definitive merger agreement to be acquired by Citizen Energy Operating LLC, an affiliate of Warburg Pincus LLC, in an all-cash transaction. READ MORE

October 01, 2019

Fortis exploring IPO for shale minerals assets

BY Luke GeiverFortis Minerals has a goal to go public. The Houston-based firm that acquires and manages large tracks of mineral interests, has filed a registration with the U.S. Securities and Exchange Commission. READ MORE

October 01, 2019

Rystad: Struggles for some US shale firms not widespread

BY Alisa Lukash Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom for the shale industry going forward. READ MORE

September 30, 2019

Permian-focused Callon explains merger plans with Eagle Ford E&P

BY Luke GeiverCallon Petroleum has released new information highlighting why the Permian pure-play operator will be better off as an exploration and production company that has merged with Carrizo Oil and Gas. READ MORE

September 30, 2019

Shale water tech firm set to test new method in Permian

BY RWI Enhanced Evaporation Resource West has tested its units for more than two years. The systems were designed from scratch and ran at RW's 5-acre test site. In the Permian, RW will showcase its unique produced water technology. READ MORE

September 24, 2019

How oil, gas sector influence US business fixed investments

BY Karel Mertens, Grant Strickler and Martin Stuermer With U.S. oil production more than doubling over the past decade, the upstream oil and gas sector has become a more important part of business investment in equipment and structures. READ MORE

September 24, 2019

NM has new plan for monitoring Permian methane totals: satellites

BY Descartes Labs Descartes Labs has announced the development of a methane-detection model designed to help New Mexico better monitor harmful emissions as a means of implementing a strategic mitigation policy. READ MORE

September 24, 2019

Energy infrastructure giants partner on South TX LNG pipeline

BY Luke GeiverEnbridge Inc. is looking to expand into the South Texas liquefied natural gas sector. The North American energy infrastructure company has signed a Memorandum of Understanding with NextDecade Corp. READ MORE

September 23, 2019

AI tech provider releases new shale well spacing algorithm

BY OAG Analytics The new OAG algorithms enable machine learning to understand enough about reservoir physics to be applied to complex well spacing decisions. READ MORE

September 23, 2019

Frac valve firm expands footprint to meet shale needs

BY Luke GeiverAWC Frac Valves Inc. has completed a definitive asset purchase agreement with NorMak Machine and Hydraulic LLC, a specialty frac valve repair facility in Ft. Collins, Colorado. READ MORE

September 17, 2019

Global oil experts explain 3 outcomes after Saudi field attacks

BY Luke GeiverFollowing the attacks on Abqaiq and Khurais in Saudia Arabia, the largest single disruption of oil production in history, the experts at global energy analysis firm IHS Markit have issued several plausible outcomes. READ MORE

September 17, 2019

Whitepaper explains expanding shale water options in TX

BY Texas Alliance of Energy Producers Produced water management strategies have evolved dramatically over the past five years with increasing, albeit low, levels of treatment. READ MORE

September 17, 2019

Energy Transfer makes $5B move to bolster US oil, gas assets

BY Luke GeiverEnergy Transfer LP is spending $5 billion to expand its oil and natural gas transportation assets across multiple regions in the U.S. In a cash and share deal with SemGroup Corp., Energy Transfer will add a major deepwater ship channel near Houston. READ MORE

September 16, 2019

Cold Bore's Smartpad frac tech gains second investment round

BY Cold Bore Technology Inc. Cold Bore’s SmartPAD uses a patented combination of valve positioning and pressure monitoring sensors, field data collection systems and proprietary software to fully digitize completions operations. READ MORE

September 16, 2019

Sparx Engineering releases programmable water solution for shale

BY Sparx Engineering Countertrace's breakthrough technology, developed by Sparx' own team of scientists and engineers, is based on a unique polymer macroparticle that can be programmed to identify and selectively contain and remove contaminants from complex fluids. READ MORE

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

< previous 30 articles