Showing the latest 30 - 60 articles

December 03, 2017

Opinion: Shale’s Place In The World

BY Luke Geiver

November 28, 2017

Keystone Pipeline resumes operations after leak repaired

BY Patrick C. Miller TransCanada today announced that the Keystone Pipeline carrying crude from Canada to locations in Illinois and Oklahoma was back in service. The line had been out of service since Nov. 17 when a 5,000-barrel leak was discovered in South Dakota. READ MORE

November 28, 2017

Milestone opens second Permian oilfield waste facility

BY Milestone Environmental Services Milestone Environmental Services has opened a state-of-the-art facility in Texas to serve Permian customers in the Midland Basin. The new facility accepts drilling waste streams and some completion and production waste. READ MORE

November 28, 2017

Predator drilling acquires JB Hunt Drilling assets for Permian

BY Luke GeiverThe Canadian-based drilling contractor entered the Permian Basin drilling scene in September 2016 and now it has found a way to expand through acquisition. READ MORE

November 28, 2017

6 major Permian producers partner on watershed project

BY Luke GeiverNoble Energy, Occidental Petroleum, XTO Energy and other major U.S. shale operators have signed on to be a part of the Pecos Watershed Conservation Initiative. READ MORE

November 28, 2017

Morgan Stanley, former ETP president partner on Midcon project

BY Luke GeiverThe SCOOP and STACK plays in the Midcontinent region of North America's shale landscape are worth investing in for Morgan Stanley Energy Partners. READ MORE

November 27, 2017

Eight companies commit to reducing methane emissions

BY ExxonMobil Eight major players in the oil and gas industry have signed an agreement to reduce methane emissions from the natural gas assets they operate internationally. BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall signed the agreement. READ MORE

November 21, 2017

Keystone XL clears final permit hurdle in Nebraska

BY Patrick C. Miller Nebraska on Monday became the final state to grant a permit to the $8 billion TransCanada Keystone XL Pipeline Project that will provide Canadian crude access to U.S. Gulf Coast refineries. The project faces opposition from environmental groups. READ MORE

November 21, 2017

After $27M asset sale, Earthstone turns focus to Midland

BY Luke GeiverEarthstone Energy Inc. is turning its entire unconventional oil and gas development focus to Texas. The company announced plans to sell roughly $27 million in assets located in the Williston Basin. READ MORE

November 21, 2017

Pipeline drag reduction agent maker expanding in Texas

BY Luke GeiverLPSI intends to build a second manufacturing facility for its drag reducing agents. When hydrocarbons are placed in a pipeline they naturally create friction and drag on the walls of the pipeline. The drag and friction increases flow. READ MORE

November 20, 2017

Anadarko 2018: $900M+ to Delaware, DJ Basins

BY Luke GeiverAnadarko Petroleum Corp. will spend more than $900 million next year in both the Delaware Basin and the DJ Basin, putting the vast majority of the company's focus into U.S. shale energy development. READ MORE

November 20, 2017

SandRidge makes move to buy DJ Basin, Mid-con assets for $746M

BY Luke GeiverSandRidge Energy, an exploration and production company focused on the Midcontinent and Niobrara shale, has agreed to acquire Bonanza Creek Energy. The deal would give SandRidge 67,000 contiguous net acres in the DJ. Not all shareholders are happy. READ MORE

November 20, 2017

UOP's cryogenic gas processing tech becomes popular in Permian

BY Luke GeiverNovember has been a productive month for technology provider UOP Russell and midstream companies serving the Permian Basin. Producers Midstream LP, based in Dallas, and EagleClaw Midstream Ventures, based in Midland, have each signed on. READ MORE

November 14, 2017

OPEC releases 2017 view on world oil trends

BY Staff It's been 10 years since OPEC released its first World Oil Outlook. Earlier this month OPEC released its 2017 version, highlighting the realities that exist in the global oil industry. READ MORE

November 14, 2017

China signs deals with Alaska, West Virginia for shale gas

BY Luke GeiverChina's desire to utilize U.S.-based shale gas can now be clearly seen in Alaska and West Virginia. During his recent tour of Asian countries, President Donald Trump helped to connect Alaska and West Virginia with China Energy Investment Corp. READ MORE

November 14, 2017

Energy groups oppose proposed DOE grid resiliency rule

BY Patrick C. Miller Twelve energy organizations led by the Natural Gas Supply Association have submitted comments to FERC in opposition to DOE's proposed grid resiliency rule. They said the rule uses discriminatory pricing to support coal and nuclear power plants. READ MORE

November 14, 2017

Growing Arkansas frack sand supplier uses barge for Marcellus

BY Luke GeiverSelect Sands can now supply frack sand by land and sea. The Vancouver, British Columbia-based industrial silica provider that started a mine in Arkansas in 2014, has signed a deal with an end-user in Appalachia for 10,000 tons of frack sand. READ MORE

November 14, 2017

IEA report: U.S. now world leader in oil, gas

BY Luke GeiverThe rise of U.S. to the top of the oil and gas export hierarchy will not be impacted by a rise in—or shift to—passenger transport via electric vehicle. READ MORE

November 14, 2017

Diamondback Energy continues to grow Permian production

BY Patrick C. Miller Diamondback Energy reported strong production results in the Permian Basin during the third quarter of 2017. CEO Travis Stice said the company has grown production more than 175 percent for the past 11 quarters while operating within its cash flow. READ MORE

November 14, 2017

Exports create bullish market for shale oil

BY Staff Are the recent upswings in U.S. crude exports the trend of the future or a momentary blip on the radar? Greg Haas, director of integrated energy for Stratas Advisors in Houston, believes global exports are a prime market for U.S. shale oil producers. READ MORE

November 14, 2017

Noble Energy divests from non-core DJ Basin acreage

BY Patrick C. Miller Noble Energy has signed an agreement to divest about 30,000 acres from its non-core acreage in Colorado's DJ Basin. The deal with SRC Energy is worth $608 million with production estimated at 4,100 barrels of oil equivalent per day. READ MORE

November 07, 2017

Multi-zone development drives Devon Energy in STACK, Delaware

BY Patrick C. Miller Devon Energy weathered the impacts of Hurricane Harvey and reports that for the third quarter of 2017, it remains on track to achieve its U.S. oil production target. Strong performance from 50 new wells in the STACK play and Delaware Basin was key. READ MORE

November 06, 2017

Consumer Energy Alliance launches education campaign

BY Patrick C. Miller The Consumer Energy Alliance has launched a national campaign aimed at educating the public and key decision-makers on the critical role energy plays in the everyday lives of Americans. It calls for bipartisan support in dealing with energy issues. READ MORE

November 06, 2017

Premier acquires assets of International Sample Library

BY Premier Oilfield Laboratories Premier Sample Library, a subsidiary of Premier Oilfield Laboratories, has acquired the assets of the International Sample Library located in Midland, Texas. The library serves as a key resource for regional, national and international geologists. READ MORE

November 06, 2017

Concho exiting 2017 with optimism, eye on new shale model

BY Luke GeiverConcho Resources was the latest exploration and production firm to highlight a new trend in the unconventional oil and gas world. The company explained its shifting viewpoint during its Q3 call with investors. READ MORE

November 06, 2017

Cabot’s third quarter production, income rebounds from 2016

BY Patrick C. Miller Cabot Oil & Gas Corp. bounced back in the third quarter of 2017 compared to a year ago. The company posted a 12 percent crude production increase and a net income of $17.6 million. Cabot reported positive developments in the Marcellus and Eagle Ford. READ MORE

November 02, 2017

EIA: Haynesville shale gas production increasing

BY Staff Once one of the top shale gas producing regions in the U.S., EIA reports that production in the Haynesville region is rebounding, thanks to improved well completion techniques. The number of active rigs in the region has been rising since 2016. READ MORE

November 01, 2017

New report quantifies impact of Marcellus on PA’s gas prices

BY Luke GeiverA decade of unconventional shale gas retrieval efforts in Pennsylvania have greatly impacted the state, according to a new report by the Kleinman Center for Energy Policy. READ MORE

October 31, 2017

Rosehill spends $77M to double opportunity in Delaware Basin

BY Luke GeiverAlong with the prospect of drilling new wells, the company’s purchase will allow it to drill longer laterals. The contiguous acreage position it now has will let Rosehill drill 7,500 foot to 10,000 foot laterals. READ MORE

October 31, 2017

New database provides public record of infrastructure attacks

BY Staff The Energy Equipment and Infrastructure Alliance has set up an online reporting center and database to record attacks on energy infrastructure. Toby Mack, president and CEO of the organization, answered questions about the objectives of the effort. READ MORE