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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

November 13, 2018

After buying Pioneer's pumping assets, ProPetro No. 1 in Permian

BY ProPetro Holding Corp. The combination of ProPetro and Pioneer Pumping Services will result in the largest and most efficient pressure pumping provider in the Permian Basin. READ MORE

November 12, 2018

Marathon's multi-shale focus creates Q3 earnings performance

BY Luke GeiverMarathon Oil Corp.'s success as a multi-basin shale oil and gas producer has helped the exploration and production company generate more than $630 million in free cash flow in 2018. READ MORE

November 12, 2018

Smart Sand’s Bakken ops drive Q3 growth, share repurchase

BY Luke GeiverFrack sand demand from clients in the Bakken has helped propel Smart Sand Inc. to another strong quarter. The Texas-based sand supplier reported a 97 percent increase at its Van Hook, North Dakota, sand operation. READ MORE

November 12, 2018

Phillips 66 announces major Bakken to Corpus Christi pipeline

BY Luke GeiverPhillips 66 and Bridger Pipeline LLC have announced new Bakken pipeline plans that could create the second largest pipeline system in the Bakken and help move Bakken crude to Corpus Christi, Texas. READ MORE

November 08, 2018

ET announces new Permian pipeline, midstream plans

BY Energy Transfer LP Energy Transfer LP will add another NGL fractionator and pipeline in the greater Permian Basin to keep up with takeaway in portions of New Mexico and West Texas. READ MORE

November 07, 2018

Special purpose acquisition Co. buys into Bakken for $1.7B

BY Luke GeiverA SPAC has entered the Williston Basin. Vantage Acquisition Operating Company LLC, a special purpose acquisition company formed by former exploration and production executives, has acquired the Williston Basin assets of QEP Resources. READ MORE

November 06, 2018

Advanced Bakken completions, cost-control has Whiting inspired

BY Luke GeiverIn most cases, Whiting’s new advanced completion techniques have increased production in wells by 83 percent. Whiting has retooled its completion strategy four times starting in 2010 with generation one. READ MORE

November 06, 2018

Axis forms to bring new tech, advanced completions to shale

BY Axis Energy Services For too long, E&P companies in the U.S. have had two choices for completions. They could use coiled tubing with reliability issues in longer laterals, or stick pipe requiring too many companies on site, often without the right equipment or crews. READ MORE

November 05, 2018

Saulsbury's 54th midstream project shows success in shale

BY Luke GeiverAs the evolution of the North American shale landscape has evolved, Odessa, Texas-based Saulsbury has found its place. The engineering, procurement, fabrication and construction company was recently awarded its 54th contract for a midstream project. READ MORE

November 05, 2018

Encana, Newfield merge to create No. 2 unconventional producer

BY Luke GeiverEncana has become the second largest unconventional oil producer in North America with its all-stock merger with Newfield Exploration. Following the completion of the deal in early 2019, Encana intends to raise its dividends to shareholders. READ MORE

October 31, 2018

Delaware Basin operator turns to flex turbine to power well ops

BY Flex Leasing Power And Service In this case, the operator’s aggressive field development plan outstripped the local utility’s ability to provide adequate electric power. The original development plan assumed utility power would be available. READ MORE

October 31, 2018

Before going public, USWS signs new electric frack fleet deals

BY Luke GeiverU.S. Well Services has expanded from West Texas to South Texas with its unique frack fleet offering. The Houston-based firm announced this week it will work with an operator in the Eagle Ford. READ MORE

October 30, 2018

Continental details breakout year in Bakken, SCOOP/STACK

BY Luke GeiverContinental Resources hit an all-time quarterly Bakken production total and all indications for the remainder of the year show the Oklahoma City-based E&P will end the year strong. READ MORE

October 30, 2018

BHGE believes 2019 rig, well counts will grow

BY Luke GeiverBaker Hughes, a GE Company now in its second year under the GE name, believes the 2019 oil and gas market will continue on its growth path, including onshore and offshore markets. READ MORE

October 29, 2018

Denbury buys $1.7B Eagle Ford assets for future EOR work

BY Luke GeiverThe possibility of enhanced oil recovery operations in the Eagle Ford is worth $1.7 billion to Denbury Resources. The Texas-based exploration and production company and EOR specialist is buying Penn Virginia Corp.'s assets. READ MORE

October 29, 2018

Schlumberger Q3 update shows growth areas, issues ahead

BY Luke GeiverSchlumberger, the largest oilfield services company in the world, continues to report growth across its North American shale markets but the impact of infrastructure constraints remains a hurdle. READ MORE

October 29, 2018

Upstream research shows 20 percent investment increase needed

BY Wood Mackenzie Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20 percent to meet future demand growth and ensure companies sustain production next decade. READ MORE

October 29, 2018

Halliburton releases fluid efficient dissolvable frack plug

BY Halliburton In the unconventional market, the time to bring a well on production is critical. Traditional plug designs can result in suboptimal plug conveyance and excessive fluid volumes. Halliburton Completion Tools designed the Illusion Spire to help. READ MORE

October 25, 2018

After 2017 shale focus, Oracle sets 2019 Eagle Ford plans

BY Luke GeiverOracle Oil and Gas LLC is bringing in a team of experienced conventional and unconventional petroleum engineers to design the independent's 2019 Eagle Ford wells. Blade Energy Partners will do the work. READ MORE

October 23, 2018

Blackstone buys shale drill bit firm that grew through downturn

BY Luke GeiverBlackstone Energy Partners has announced that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies from affiliates of American Securities, READ MORE

October 23, 2018

H2O Midstream expands its Permian water client network

BY Luke GeiverH2O Midstream has secured a major client in the Midland Basin. Through an agreement with Legacy Reserves Inc., H2O will now gather, dispose and redeliver for reuse produced water from several horizontal wells operated by Legacy. READ MORE

October 23, 2018

Bakken operators could get another boost with pipeline expansions

BY Luke GeiverBakken operators are getting a new opportunity to ship crude to the U.S. Gulf Coast. Energy Transfer LP has announced a call for shipper commitments for additional takeaway capacity on its Bakken Pipeline System. READ MORE

October 23, 2018

SatScout uses satellite imagery to reveal Permian frack trends

BY Luke GeiverNew research gathered through daily satellite imagery reveals the impact infrastructure bottlenecks and differentials are having on frack crew count numbers and well completions in the Permian basin. READ MORE

October 23, 2018

New JV, ShaleTECH, to provide mine-to-well head solutions

BY OmniTRAX The new company is the combination of two complementary organizations focused on providing cost effective, safe and reliable mine-to-well-head supply chain logistics solutions. READ MORE

October 17, 2018

ADL: For ambitious growth, Permian independents must change

BY Luke GeiverA U.K.-based consultancy believes the Permian can undergo massive production growth if operators make major changes. Arthur D. Little has released new analysis of the Permian explaining what must change in the future. READ MORE

October 16, 2018

Escalating ethane and the implications for midstream companies

BY Luke GeiverAlerian's Director of Energy Research Stacey Morris explains the impact shale oil and gas development will have on ever changing ethane supplies and markets. READ MORE

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