Showing the latest 30 - 60 articles

May 30, 2019

Devon Energy embarks on new US shale focus

BY Luke GeiverDevon Energy is working to become a U.S. shale oil pure-play company following the sale of its Canadian assets. In a deal valued at nearly $3 billion, the Oklahoma-based exploration and production firm is planning a new focus. READ MORE

May 28, 2019

Stage Completions records 142-stage Permian shale well

BY Stage Completions The Bowhead II system runs a dissolvable ball on collet that activates sliding sleeves. The Bowhead II system has a constant ID through the wellbore that is cementable in place and allows for longer laterals, tighter spacing and higher pump rates. READ MORE

May 28, 2019

Bakken midstream developer helps establish LNG site in Florida

BY Luke GeiverA Bakken-focused midstream and transload site provider has played a part in opening a small-scale liquefied natural gas facility in Florida. Northstar Midstream, which owns and operates a crude gathering and transload site in western ND, helped. READ MORE

May 28, 2019

Former RSP Permian execs start blank check energy firm

BY Luke GeiverAfter developing, and then selling, RSP Permian Inc. for $9.5 billion to Concho Resources, a trio of former shale oil and gas executives are leading a new blank check energy company. READ MORE

May 28, 2019

Texas oil, gas activity numbers reveal curious trend

BY Texas Alliance of Energy Producers Despite declines in rig count, drilling permits, well completions, and E&P employment, the Texas oil and gas economy is expanding according to new info from the Texas Alliance of Energy Producers. READ MORE

May 28, 2019

With help from Saudi Aramco, Sempra building out US LNG facility

BY Luke GeiverSempra Energy has been busy in the first half of 2019 establishing its global liquefied natural gas company. The company recently entered negotiations with Saudi Aramco for export or supply opportunities. READ MORE

May 22, 2019

Oxy, Carbon Engineering plan direct air capture plant for Permian

BY Oxy Low Carbon Ventures LLC, Carbon Engineering Oxy Low Carbon Ventures LLC, a subsidiary of Occidental, and Carbon Engineering Ltd., a Canadian clean energy company, have announced they are jointly proceeding with the engineering and design of the world's largest facility. READ MORE

May 21, 2019

New completion designs, breakevens help Bakken break records

BY Luke GeiverA historic, decades-old oilfield in North Dakota is responsible for one of the highest barrel per day initial production rates ever recorded from a well on land in the U.S. The results have big implications for the Bakken and Three Forks shale plays. READ MORE

May 21, 2019

Breakeven oil prices underscore shale’s impact on the market

BY Michael Plante, Kunal Patel The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices. READ MORE

May 21, 2019

Red Wolf team back in shale after SCOOP/STACK acreage buy

BY Luke GeiverAfter forming in February, Red Wolf Natural Resources is back in the shale game. Drew Deaton and his team previously worked in developing shale assets in multiple plays including the DJ Basin and Anadarko Basin. READ MORE

May 21, 2019

AI-powered shale software developer gains $15M investment

BY Luke GeiverArtificial intelligence software designed for the energy industry continues to gain investor attention. Tachyus, a production optimization software developer that first gained investor backing in 2014, just earned another $15 million. READ MORE

May 20, 2019

ExxonMobil outlines Permian's operational impact on NM's economy

BY ExxonMobil The state government will receive an estimated $62 billion in net fiscal benefits, $44 billion of which will come from new leases and royalties, according to the research. About $8.5 billion will come from state oil-and-gas severance taxes. READ MORE

May 20, 2019

KKR forms partnership to acquire Williston Basin shale assets

BY KKR KKR, a leading global investment firm, and, Western Natural Resources LLC have announced a new partnership to acquire producing and undeveloped oil and gas assets in the Williston Basin. READ MORE

May 14, 2019

KKR backs former Wildhorse E&P execs in new Permian venture

BY Spur Energy Spur Energy Partners LLC and KKR, a leading global investment firm, today announced the formation of a partnership to acquire large, high-margin oil and gas production and development assets across the Permian. READ MORE

May 14, 2019

In Depth: Petroleum Researchers Shift Focus

BY North American Shale magazine staff As the list of research topics and research participants grows and changes, the amount of work being done by multiple entities continues to be robust in the Bakken. This a breakdown of their focus. READ MORE

May 13, 2019

Woods survey shows increased optimism in oil exploration

BY Luke GeiverWe canvassed opinion of 258 senior energy leaders and exploration professionals from across the global exploration sector, seeking opinion on a range of issues. READ MORE

May 13, 2019

In Depth: Bakken Focus: A Growing Force In Remote Power, Midstream Water

BY Sponsored Content Gravity Oilfield Services has become a force in the Bakken by helping operators overcome the challenges of remote well sites and an ever-increasing need to deal with produced water. READ MORE

May 12, 2019

In Depth: Growth of the Original Shale Play

BY North American Shale magazine staff The Bakken has received global attention since the early days of the first unconventional wells drilled and completed within the boundaries of the known play. The attention has come in part from the exhaustive and consistent info from the state. READ MORE

May 11, 2019

In Depth: Becoming The Go-To Oilfield Service

BY Sponsored Content National Oilwell Varco’s Completion and Production solutions team has helped its Bakken client’s achieve better results post-frack by collaborating with customers and constantly focusing on new technologies. READ MORE

May 10, 2019

In Depth: Rethinking Resource Utilization

BY North American Shale magazine staff The Bakken has sparked several unique to the region projects that in their own way could each streamline, optimize, or offer a new and better alternative in storing produced gas, capturing value from the shale energy retrieval process or more. READ MORE

May 07, 2019

In Depth: Current Characteristics of Bakken Well Completions

BY North American Shale magazine staff As the well count in the Bakken or Three Forks shale formations continues to grow, the strategies deployed to hydraulically fracture each new well have changed when compared to previous approaches. READ MORE

May 07, 2019

STACK shale gains new gas gathering system

BY Howard Energy Partners Howard Energy Partners has announced that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the STACK play. READ MORE

May 06, 2019

In Depth: Meet the modern shale water company

BY Sponsored Content Hydrozonix, a Texas-based water specialist, has created a foothold in the Bakken and other basins by offering water consulting, technology and services that have been successful at treating more than 100 million barrels of water. READ MORE

May 06, 2019

IAOGP: We support increase of US LNG exports to Europe

BY International Association of Oil & Gas Producers The American Petroleum Institute and the International Association of Oil & Gas Producers released a position paper at the first EU-U.S. Energy Council Business-to-Business Energy Forum on encouraging U.S. LNG exports to the EU. READ MORE

May 06, 2019

Crusoe Energy developing flare mitigation tech to power big data

BY Luke GeiverDenver-based Crusoe Energy has found a home in the North American shale industry by converting flared gas to a power source for computer intensive data centers. READ MORE

May 06, 2019

In Depth: In Terms of the Bakken

BY North American Shale magazine staff The phrases, words and terms that reveal the evolution of the Bakken. From energy corridors to long-reach laterals, the Bakken shale play has fostered the growth and use of industry phrases that now define the U.S. These are the most important. READ MORE

April 30, 2019

Opinion: Focus of the Bakken Report

BY Luke GeiverThe 2019 Bakken Report, produced by our team at North American Shale magazine, is meant to reveal how the Bakken shale play has changed, or could evolve in the near-term future. READ MORE

April 30, 2019

Continental believes Bakken core is expanding

BY Staff Continental Resources has great news for shareholders focused on the exploration and production company's Bakken resources. In Q1, Continental completed three strategic step-out wells in North Dakota and Montana with impactful results. READ MORE

April 29, 2019

Hess, Oneok adding natural gas infrastructure in Bakken

BY Luke GeiverA pair of major natural gas handlers in the Bakken have announced expansion plans that could ease some of the takeaway and processing challenges present in the Williston Basin. READ MORE

April 29, 2019

Bakken, Three Forks exempt from taxes from CO2 EOR production

BY Luke GeiverFuture carbon dioxide-infused enhanced oil recovery efforts in the Bakken and Three Forks shale plays of the greater Williston Basin will be incentivized by the state of North Dakota. READ MORE