Showing the latest 30 - 60 articles

July 14, 2017

In Depth: A Mammoth Frack Sand Expansion

BY Patrick C. MillerRecent acquisitions and expansions have helped Mammoth Energy Services greatly increase its ability to serve shale oil producers in the U.S. and Canada. READ MORE

July 14, 2017

In Depth: Reserve Base Lending’s Past—and Future—in Shale Production

BY Luke GeiverInterest rates could play a large role in the future of North American shale oil and gas production. A new report indicates that fluctuating interest rates could partially overtake efficiency gains and improvements achieved in shale. READ MORE

July 14, 2017

In Depth: Studies in Texas Shale

BY Luke GeiverIn a first-of-its-kind report, a group of Texas subject-matter experts has created a complex, considerate and semi-complete assessment on shale energy development in Texas. READ MORE

July 14, 2017

In Depth: Economies of Shale

BY Mark Hill The upstream industry loves a good dust-up. From crashing oil prices to Saudi over-production, the past two years have tested that tenacity like never before. READ MORE

July 11, 2017

2017 Bakken oil conference begins next week

BY John NelsonThe 3rd Annual Bakken Conference & Expo will begin Monday, July 17th at the Bismarck Events Center in Bismarck, North Dakota. The event is expected to draw several hundred Bakken-focused professionals to the three-day gathering. READ MORE

July 11, 2017

Bruin buys Bakken assets from Halcon for $1.4 billion

BY Luke GeiverMoney is moving back into the Bakken. Through a transaction valued at $1.4 billion, Bruin Exploration & Production Co. has agreed to acquire Halcon Resources' operated Williston Basin oil and gas assets. READ MORE

July 11, 2017

LINN, Citizen merge to form major SCOOP/STACK pure play E&P

BY Luke GeiverThe SCOOP/STACK shale play of Oklahoma has brought two exploration and production firms together. In a consolidation effort that includes 70,000 net acres from each company, LINN Energy Inc. and Citizen Energy II have formed Roan Resources. READ MORE

July 11, 2017

Opinion: What is the issue?

BY Luke GeiverMany issues were present in the unconventional oil and gas development industry in early 2017. Today, with some issues still lingering and new issues starting to emerge, the real question is this: Is there an issue that the shale can't overcome? READ MORE

July 10, 2017

Baker Hughes and GE finalize merger deal

BY Patrick C. Miller A merger transaction combining GE’s oil and gas business with Baker Hughes has created a new company—BHGE—that GE says is the world’s first company bringing together equipment, services and digital solutions across the entire industry. READ MORE

July 10, 2017

Unimin plans West Texas sand plant to serve Permian Basin

BY Patrick C. Miller The largest proppant supplier to the oil and gas industry plans to build a regional sand processing plant in West Texas to support activity in the Permian Basin. Unimin Corp. expects the 5-million-ton-per-year plant to be ready by early 2018. READ MORE

July 10, 2017

Zinke issues order to streamline federal permitting process

BY Patrick C. Miller Department of Interior Secretary Ryan Zinke has issued an order aimed at speeding up the processing of applications for drilling permits on federal lands. Early this year, the Bureau of Land Management reported 2,800 permits pending. READ MORE

July 05, 2017

Carrizo adds to Eagle Ford focus, acquires Delaware Basin assets

BY Luke GeiverCarrizo Oil and Gas has agreed to acquire roughly 24,000 gross acres located in the Delaware Basin in a deal that is linked to oil prices. Carrizo's team now believes it is operating in two of the highest-return oil plays in the world. READ MORE

July 05, 2017

DAPL capacity to expand; company files new legal challenge

BY Patrick C. Miller Dakota Access LLC has filed new arguments in federal court looking for proof of political interference in the pipeline project by the Obama administration. American Midstream Partners plans to expand the pipeline's capacity by 40,000 barrels per day. READ MORE

July 05, 2017

Halliburton buys Tulsa-based electric submersible pump maker

BY Luke GeiverHalliburton Co. has bolstered its electronic submersible pump offerings. The Houston-based energy service giant has acquired Tulsa-based Summit ESP. Summit engineers, manufactures and services a complete line of ESPs. READ MORE

July 05, 2017

Permian-to-Gulf-Coast-pipeline gains more shale oil commitments

BY Luke GeiverEnterprise Product Partners has Permian Basin shale oil producers lining up to utilize its crude oil pipeline. The company announced more Permian producers have signed contracts for volume commitments to move crude to the Texas Gulf Coast. READ MORE

July 05, 2017

Novel gas lift maker explains benefits to shale producers

BY Staff Bill Quinlan, founder of a technology company that has designed and created a unique production lift offering for unconventional oil and gas operators, explains why his technology is particularly beneficial to the Bakken. READ MORE

July 05, 2017

Keane, RockPile complete frack company merger

BY Luke GeiverKeane Group Inc. and RockPile Energy Services have completed a merger that was announced earlier this year. Keane acquired RockPile for roughly $276 million. The addition helped increase Keane's presence in the Bakken. READ MORE

July 05, 2017

Report: U.S. shale production to reach 9 million bpd by 2025

BY Staff A McKinsey Energy Insights report on the outlook for North American shale projects U.S. oil production to reach 9 million barrels per day if prices stay at $60 to $70 a barrel from 2019 onward. Strong growth in the Permian is also expected. READ MORE

June 27, 2017

Shale producer turned oil tech maker forms JV with Schlumberger

BY Luke GeiverJeff Saponja and his team at Heal Systems bring a proven background to their work and development of a new unconventional oil and gas production enhancement technology. Before Saponja started Production Plus Energy, he was a Bakken operator. READ MORE

June 27, 2017

Court doesn't stop oil flow through Dakota Access Pipeline

BY Patrick C. Miller Bakken crude will continue to flow through the Dakota Access Pipeline as both sides in the legal dispute file court documents through August. Federal Judge James Boasberg declined to shut down pipeline operations during the ongoing court case. READ MORE

June 27, 2017

New study shows the benefits of natural gas across the U.S.

BY Staff A new study released by the American Petroleum Institute outlines the economic and energy benefits the U.S. receives from natural gas production and makes projections about the future. In 2015, the resource supported 4 million jobs in the country. READ MORE

June 27, 2017

New study offers first ever look at shale’s impact in Texas

BY Luke GeiverA group of experts in the fields of medicine, engineering and science believe they've completed the first-of-its-kind study on the impact of shale oil and gas development in Texas. READ MORE

June 27, 2017

Braskem to build $675M petrochem plant in U.S. because of shale

BY Braskem Calling shale gas production and volumes in the U.S. the most attractive feedstock option in the world, Braskem has announced plans to build a $675 million petrochemical production plant 26-miles from Houston. READ MORE

June 27, 2017

Permian refinery developer adds modular refinery specialty firm

BY MMEX Resources MMEX Resources, a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, has announced a strategic relationship with VFuels. READ MORE

June 27, 2017

How shale 2.0 is paving the way for the digital oilfield

BY Mark Hill The upstream industry loves a good dust-up. From crashing oil prices to Saudi over-production, the last two years have tested that tenacity like never before. READ MORE