Showing the latest 30 - 60 articles

April 22, 2019

Bayou Bridge Pipeline could aid Bakken, DJ, Powder River shippers

BY Luke GeiverEnergy Transfer LP and Phillips 66 Partners LP have announced plans to potentially expand crude oil shipper access on a Louisiana refinery-linked system to Bakken, Powder River, DJ Basin, and Permian Basin producers. READ MORE

April 16, 2019

EIA data: US reached record energy consumption

BY Luke GeiverU.S. energy consumption set a record in 2018, increasing by 4 percent above 2017 levels and 0.3 percent above the previous record set in 2007, according to new data from the U.S. Energy Information Administration. READ MORE

April 16, 2019

Emerson's IoT system enhances shale oil production, monitoring

BY Luke GeiverA new technology offering created by Emerson could use data and IoT to optimize production in existing unconventional wells and also help with new well designs. READ MORE

April 15, 2019

Energy survey shares insight on drilling, market outlook

BY Staff A first quarter energy survey completed by the Federal Reserve Bank of Kansas City shows that while energy related activity in Colorado, Wyoming, Oklahoma and the northern half of New Mexico was flat, things are changing in 2019. READ MORE

April 15, 2019

Reactions to Trump's energy infrastructure executive order

BY Staff Following President Trump's executive order on issuing permits and promoting energy infrastructure and economic growth, energy associations reacted in support, but not every entity agreed with the orders. READ MORE

April 15, 2019

Established midstream builder, major Permian producer form JV

BY Luke GeiverFrontier Midstream Solutions is looking to duplicate previous midstream success in the Permian Basin. The Oklahoma-based entity has signed a deal with Midland, Texas-based Concho Resources. READ MORE

April 12, 2019

In record shale deal, Chevron acquires Anadarko for $33B

BY Chevron Corp. Chevron Corporation announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction. READ MORE

April 09, 2019

Bakken pioneer, shale expert issuing mineral acquisition IPO

BY Luke GeiverA Bakken pioneer credited with drilling the shale play's first long-lateral, high-frac stage well is helping to take a shale oil and gas mineral acquisition's company public. READ MORE

April 09, 2019

New oilfield waste facility opening in Permian shale

BY Milestone Environmental Services The Midland Basin continues to have some of the highest density of drilling, completion, and production activity in the world, and responsible development of this important play requires a world-class oilfield waste management solution. READ MORE

April 08, 2019

Dow recognized for resin-coated proppant helpful to shale oil

BY Luke GeiverA special proppant designed by Dow for the shale oil and gas industry helped the Michigan chemical giant earn a prestigious Edison award. The awards are given every year to honor excellence in innovation. READ MORE

April 08, 2019

Permian gas pipeline could ease bottlenecks, give global access

BY Luke GeiverFor $3.7 billion, Permian Global Access Pipeline LLC intends to build a shale gas pipeline that would connect the Permian shale play to Lake Charles, Louisiana. READ MORE

April 04, 2019

Proposed south TX shale oil refinery earns crucial air permit

BY Luke GeiverRaven Petroleum's quest to build a 30,000 per day crude refinery from Eagle Ford or Permian Basin oil is another step closer to reality after the company earned an air permit from a Texas regulatory group. READ MORE

April 04, 2019

Report: Shale frack equipment demand set to increase in 2019

BY Westwood Global Energy Group Active supply by pressure pumpers will increase in Q2 2019, rebounding from a sluggish end to 2018, according to a new US Horsepower Outlook report. READ MORE

April 02, 2019

Permian shale’s premiere private midstream assets sell for $3.6B

BY Luke GeiverStonepeak Infrastructure Partners will pay $3.6 billion for the largest privately-held midstream crude operation in the Permian Basin. Through the acquisition, Stonepeak will take control of Oryx Midstream. READ MORE

April 02, 2019

Researchers explore use of frack wastewater for clean irrigation

BY Michigan State University Michigan State University will share almost $3 million to develop a freshwater recovery system to extract clean irrigation water from hydraulic fracturing wastewater. The reclaimed water could help dry western states that need water. READ MORE

April 01, 2019

South Korea group invests $300M in Marcellus shale

BY Luke GeiverSK Holdings Co., a top two conglomerate in South Korea, is investing in the Marcellus and Utica shale plays. Working with FirstReserve, a global private equity firm that has several major oil and gas investments, SK will bring $300 million. READ MORE

April 01, 2019

Trump issues go-ahead permit for Keystone XL pipeline

BY TransCanada Keystone XL will create thousands of jobs and deliver economic benefits across North America while being the safest, most efficient and environmentally sound way to move crude oil to the U.S. Gulf Coast. READ MORE

April 01, 2019

Multinational water tech firm acquires Permian water service

BY Luke GeiverA Fort Stockton, Texas-based hydraulic fracturing water treatment company has been acquired by a multi-national water specialist to better serve the Permian Basin. READ MORE

April 01, 2019

Cushing-to-Houston pipeline to move Bakken, Midcon, Permian oil

BY Luke GeiverA Cushing-to-Houston light oil pipeline project pitched to help Bakken and Midcontinent producers send crude to the Texas Gulf Coast could expand to take additional barrels from the Permian. READ MORE

April 01, 2019

Shale survey shows impact of near-term oil price on TX activity

BY Federal Reserve Bank of Dallas Energy Survey Positive readings generally indicate expansion, while readings below zero generally indicate contraction. “Activity modestly increased in the first quarter as higher oil prices provided support for the oil and gas sector’s outlook." READ MORE

March 26, 2019

TIPRO analysis reveals workforce needs, trends in TX oil industry

BY Texas Independent Producers & Royalty Owners Association A new analysis released by the Texas Independent Producers & Royalty Owners Association (TIPRO) indicates the Texas oil and natural gas industry had approximately 90,700 job postings so far this year during the months of January and February. READ MORE

March 26, 2019

KLX Energy buys multiple Mid-Con, Rockies shale service firms

BY Luke GeiverKLX Energy Services Holdings has completed the acquisitions of Red Bone Services, a provider of oilfield services primarily in the Mid-Con, and Tecton Energy, a flowback service firm working in the Bakken and Rockies. READ MORE

March 25, 2019

After proving out SCOOP shale acreage, BNK eyeing options

BY Luke GeiverThe company’s Tishomingo Project has significant value, the company believes. BNK operates 17 wells there currently but expects to develop more than 185 wells. Wells in the project are projected to generate 33 percent initial rate of return at $55/b. READ MORE

March 25, 2019

DrillingInfo, Midland Map join forces on oil, gas map data

BY DrillingInfo Midland Map’s extensive library of Permian Basin maps, combined with Drillinginfo’s industry-leading SaaS analytics platforms, will make decades of research instantly accessible in web and mobile applications. READ MORE

March 25, 2019

Diverters continue to evolve in the shale fields

BY Luke GeiverDiverting material used for shale well completions is evolving, according to Steve White, founder of Dynamic Green Solutions. The unique material designed to divert or move proppant past particular sections of a horizontal are getting better. READ MORE

March 22, 2019

Murphy sheds Malaysian assets to focus on Eagle Ford, US offshore

BY Luke GeiverMurphy Oil Corp. will use the proceeds from a $2.1 billion sale of its Malaysian oil assets to enhance U.S. onshore and offshore operations. The Arkansas-based exploration and production company has agreed to sell 48,000 bopd. READ MORE

March 20, 2019

Nuevo Dos acquires Eagle Ford logistics assets, plans expansion

BY Nuevo Dos Nuevo Dos plans to expand the system, which currently consists of approximately 100 miles of gathering pipeline that feeds a central delivery point with 300,000 barrels of crude oil storage and a six-bay truck station. READ MORE

March 20, 2019

Shale study: Marcellus to supply 45 percent of natural gas to US

BY JobsOhio Natural gas from the tri-state region of Ohio, Pennsylvania and West Virginia will supply 45 percent of the nation’s production by 2040, up from 31 percent this year. READ MORE

March 19, 2019

Oilfield trucking company gives drivers a reason to stay

BY Patrick C. Miller Brady Trucking Inc., which works with oilfield service companies throughout the Rocky Mountain region, is using Stay Metrics surveys to give its drivers reasons to stay with the company. Driver turnover has been reduced by 31 percent. READ MORE

March 19, 2019

Montage Resources reports record fourth quarter revenues

BY Patrick C. Miller Operating in the Marcellus and Utica shale plays, Montage Resources reported company record revenues of $171.2 million during the fourth quarter of 2018. Montage has 227,000 undeveloped acres in Ohio, Pennsylvania and West Virginia. READ MORE