Showing the latest 30 - 60 articles

April 30, 2018

Enable, Continental partner on project to move SCOOP/STACK gas

BY Luke GeiverEnable Midstream Partners and Continental Resources Inc. have agreed on Project Wildcat, a new pipeline that will move natural gas from Oklahoma to the Dallas-Fort Worth area. READ MORE

April 30, 2018

Antero explains impact of Marcellus efficiency gains

BY Luke GeiverAfter one quarter, Antero Resources is on pace to meet or exceed its projected production guidance for 2018. Despite difficult operation conditions and severe weather to start the year, Paul Rady, CEO, said D&C gains are helping. READ MORE

April 23, 2018

Tally Energy Services acquires two Gearcon companies

BY Patrick C. Miller With the acquisition of Gearcon Inc. and Gearcon Drilling Tools, Tally Energy Services of Houston has added downhole drilling motors to the list of products it provides to shale oil and gas operators. The Canadian companies will relocate to Texas. READ MORE

April 23, 2018

Partnership will develop Salt Creek Midstream in Delaware Basin

BY Patrick C. Miller Ares Management LP and ARM Energy Holdings LLC have formed a partnership to develop Salt Creek Midstream LLC in the Delaware Basin, which will have 260 million cubic feet of capacity by the end of 2018. Additional expansion investments are planned. READ MORE

April 23, 2018

ConocoPhillips: Alaska winter exploration program looks promising

BY Patrick C. Miller A winter exploration and appraisal program conducted by ConocoPhillips on the western North Slope in Alaska provided promising results. The data confirmed the company's estimate of 300 million barrels of recoverable oil in its Willow Discovery. READ MORE

April 23, 2018

EIA: Shale's share of U.S. production will increase through 2050

BY Staff Tight, light sweet crude from U.S. shale is expected to account for 70 percent of the nation's oil production by 2050, according to the Energy Information Administration's Annual Energy Outlook 2018. READ MORE

April 22, 2018

STACK-focused operator partners on new shale drilling plan

BY Canyon Creek Energy Canyon Creek Energy-Arkoma LLC has entered into a joint development agreement with Pivotal Petroleum Partners II LP to jointly fund the development of wells on CCEA's acreage in the STACK shale play of Oklahoma. READ MORE

April 22, 2018

Ward Energy Partners sells DJ Basin assets

BY Ward Energy Partners Ward Energy Partners LLC has sold assets located in Adams and Weld Counties in Colorado to an undisclosed buyer. The assets are prospective for the Codell and Niobrara reservoirs in the Denver-Julesburg basin in Colorado. READ MORE

April 22, 2018

Schlumberger optimistic in Q1 outlook on rebalanced oil market

BY Luke GeiverThe global oil market is back in balance, according to the world's largest oilfield services company Schlumberger. The lack of global stock builds and continued Russia, OPEC production cuts have the market in balance. READ MORE

April 17, 2018

Are better times ahead for oilfield services?

BY Patrick C. Miller Higher than expected oil prices early in 2018 is good news for the U.S. oilfield services and equipment sector. A new report from McKinsey Energy Insights cautions that margins remain under pressure even as efficiencies continue to improve. READ MORE

April 17, 2018

Trinidad Drilling changes plan to move rigs from Saudi Arabia

BY Patrick C. Miller Three drilling rigs that Trinidad Drilling had planned to move from Saudi Arabia to the Permian Basin will instead be sold. The Canadian company will sell the rigs for $30 million each and upgrade three other rigs for use in the Permian. READ MORE

April 16, 2018

Outrigger Energy II plans new DJ Basin midstream system

BY Luke GeiverDenver-based midstream services and development team Outrigger Energy is back in the shale game. The company, now operating as Outrigger Energy II announced plans to develop a tri-stream midstream system in the DJ Basin. READ MORE

April 16, 2018

TOTAL, Houston fluids provider partner to expand shale offerings

BY Atlas Oil Co, TOTAL Atlas Oil Co. is now a TOTAL Specialties USA Inc. authorized lubricants distributor, cementing Atlas' vision of a single-source service model of premium lubricants and bulk fuel supply for its customers in shale. READ MORE

April 16, 2018

Frack sand facilities will serve Haynesville shale customers

BY Patrick C. Miller Two Performance Proppants facilities in Louisiana will be capable of producing 4.5 million tons of frack sand a year to serve the Haynesville shale play. The company has begun construction of a plant at River Ridge to complement its Hat Creek plant. READ MORE

April 16, 2018

Diamondback, Viper report first quarter production increases

BY Patrick C. Miller Texas-based Diamondback Energy and its subsidiary Viper Energy Partners both reported production increases from their assets in the Permian Basin during the first quarter of 2018. Diamondback's average price per barrel was nearly $62 for the quarter. READ MORE

April 10, 2018

Platts analyst explains these trends in the shale rig count

BY Luke GeiverThe U.S. rig count was up two percent in March compared to February and 22 percent when compared to March of last year, according to data released by S&P Global Platts Analytics. READ MORE

April 10, 2018

In Depth: Drilling at the Sharp End

BY Patrick C. MillerFROM ISSUE 2: Born in the shale oil fields of Canada and the U.S., Ulterra Drilling Technologies emerged from the latest oil downturn stronger than ever. The Fort Worth firm is now a prime source of where drilling efficiencies come from READ MORE

April 07, 2018

Buckeye, Trafigura bring Suezmax tanker to U.S. shale oil port

BY Luke GeiverA Suezmax class vessel capable of shipping 1 million barrels of crude oil can now load along the ship channel in the Port of Corpus Christi. Buckeye Partners LP and Trafigura Trading LLC will ship crude from the Permian or Eagle Ford in the tankers. READ MORE

April 07, 2018

Oil transport firm buys rival CET to expand in Bakken, Permian

BY Rocky Mountain Crude Oil LLC Rocky Mountain Crude Oil LLC has announced that it has acquired all of the membership interests of Concord Energy Transportation LLC and has assumed full operational control of CET's business. The move expands RMCO in the Bakken and Permian. READ MORE

April 07, 2018

Southern Stim brings longer lasting frack pumps to market

BY Luke GeiverWhen Southern Stimulation Technologies formed in 2017, co-founder Chad Hawkins said the company wanted to provide the pressure pumping industry with higher pressure, longer lasting pumps. READ MORE

April 05, 2018

In Depth: The Limit to Shale's Growth

BY Luke GeiverFROM ISSUE 2: Energy analysts and economists believe that, despite a new investor mindset, shale production is primed for progress READ MORE

April 03, 2018

Opinion: A Bit Of Shale Efficiency