Showing the latest 60 - 90 articles

September 17, 2018

Q&A: How new shale gas standard system could impact industry

BY Staff Independent Energy Standards has created a new system for differentiating shale gas production streams. Through it’s trademarked TrustWell Responsible Gas Program, IES is able to utilize data, analytics and other information sources for ratings. READ MORE

September 17, 2018

Pioneer takes stake in U.S. Silica's Permian sand mine

BY Luke GeiverPioneer Natural Resources is now a stakeholder in a West Texas frack sand mine. Through its agreement with U.S. Silica, the Midland Basin producer will gain an interest in U.S. Silica's Lamesa, Texas-mine. READ MORE

September 13, 2018

EIA: U.S. surpasses Russia, Saudi Arabia as top oil producer

BY Patrick C. Miller The U.S. has surpassed Russia and Saudi Arabia as the world's top oil producer, according to preliminary estimates from the Energy Information Administration. U.S. crude production exceeds Saudi Arabia's for the first time in more than 20 years. READ MORE

September 12, 2018

Upgraded water treatment tech gives operators multiple options

BY Patrick C. Miller Water Standard and its subsidiary Monarch Separators have upgraded their H2O Solutions technology platform specifically for unconventional oil and gas operations. It provides multiple options for produced- and flowback-water treatment. READ MORE

September 12, 2018

Shale gas rise: report shows manufacturing from shale over $200B

BY Staff Shale gas is a powerful engine of manufacturing growth, according to Cal Dooley, president and CEO of the American Chemistry Council. Dooley and his team recently released a report that details the impact of shale gas on chemicals and plastics. READ MORE

September 11, 2018

Oil and gas industry backs EPA's proposed fix to 2016 regulations

BY Patrick C. Miller The EPA is proposing changes to oil and gas industry new source performance standards implemented by the Obama administration in 2016. Industry organizations responded positively to the revisions, which are expected to save $75 million a year. READ MORE

September 10, 2018

Schlumberger CEO: Can U.S. shale meet future global oil demand?

BY Patrick C. Miller Can North American shale oil help meet global oil demand as E&P investments continue to lag following the three-year oil price downturn? Paal Kibsgaard, Schlumberger CEO, addressed the issue during the 2018 Barclays CEO Energy-Power Conference. READ MORE

September 10, 2018

Permian in-basin sand supplier adds crude takeaway to TX site

BY Luke GeiverProppant provider Vista is adding crude gathering and takeaway operations to its list of services. The company has formed a definitive agreement with Jupiter MLP LLC to gather crude from trucks before shipping it via rail to Louisiana. READ MORE

September 10, 2018

Halliburton CEO addresses macro issues, digital options

BY Luke GeiverThe North American shale scene is looking the best it has in four years, according to Jeff Miller, CEO of Halliburton. North America is now a consistent part of the global supply and demand picture—and no longer a swing producer. READ MORE

September 06, 2018

Following 6-well test, Freedom goes all-in on Eagle Ford

BY Freedom Oil & Gas Freedom Oil & Gas Ltd announced that it has commenced drilling on its Eagle Ford shale acreage in Dimmit County, Texas. After successfully testing its acreage position, the E&P has contracted for a full-time drilling rig. READ MORE

September 06, 2018

Ares acquires Paradigm to bolster Bakken midstream assets

BY Luke GeiverAres Management LP believes its acquisition of Paradigm Energy Partners will make the company a premier regional Williston Basin midstream service. The buyout includes the Van Hook gathering system. READ MORE

September 05, 2018

Lucid Energy, other Permian midstreams secure long-term contracts

BY Luke GeiverThe largest privately held natural gas processor in the Delaware Basin has signed a long-term agreement with Marathon Oil Permian LLC. Through the new contract, Lucid will expand its footprint in the infrastructure needy Delaware Basin. READ MORE

September 04, 2018

Analysis: Midstream companies benefit from Permian production

BY Staff East Daley Capital's analysis of second quarter oil and gas data shows that the midstream sector is generally performing well. However, companies with exposure to the Permian Basin are exceeding expectations, a trend EDC expects to continue. READ MORE

September 04, 2018

Tiger Capital joins Norwegian group, invests in Permian pumper

BY Luke GeiverThrough a $5 million capital infusion, Norwegian private equity firm Norse Partners and the founders of Commander oilfield services will grow again. Tiger Capital Group, based in Houston, is providing money to acquire more equipment. READ MORE

September 04, 2018

Corps again finds no significant environmental impacts from DAPL

BY Patrick C. Miller After more than a year of court-ordered study, the U.S. Army Corps of Engineers stood by its 2016 environmental assessment which found no significant impact from the Dakota Access Pipeline, according to court documents filed Friday. READ MORE

September 04, 2018

Genesis Energy sells Powder River Basin midstream assets

BY Patrick C. Miller Genesis Energy of Houston is selling its Powder River Basin midstream assets in Wyoming for $300 million to an affiliate of Sliver Creek Midstream, located in Irving, Texas. The assets include a pipeline, crude gathering system and rail facility. READ MORE

August 31, 2018

Engineering firm selected for Appalachia regional gas hub

BY Patrick C. Miller California-based Parsons Corp. has been selected by the Appalachia Development Group in West Virginia as its engineering partner on the proposed $3.4 billion Appalachia Storage and Trading Hub, a regional facility for natural gas liquids. READ MORE

August 31, 2018

Alliance formed for projects using EcoShale oil shale technology

BY Patrick C. Miller Red Leaf Resources and Hatch have worked together for 10 years to develop EcoShale technology for oil shale projects. Now the two companies have formed a strategic alliance making Hatch the exclusive provider of engineering services for EcoShale. READ MORE

August 31, 2018

OWL, Oryx show Permian infrastructure buildout pace remains high

BY Luke GeiverThe infrastructure build-outs in the Delaware Basin continued this week. Oilfield Water Logistics announced plans for further SWD build-out and Oryx Midstream announced more plans for a crude gathering line. READ MORE

August 28, 2018

SCOOP/STACK to gain in-basin shale sand operation

BY Luke GeiverThe SCOOP/STACK shale play of Oklahoma is gaining a new in-basin frack sand mine. Black Mountain Sand, a Texas-based firm that first began operating in-basin sand operations in the Permian before expanding to the Eagle Ford, is entering Oklahoma. READ MORE

August 28, 2018

After Bakken buy, U.S. Energy eyes positive future

BY Luke GeiverU.S. Energy Corp. is acquiring a new path forward through its purchase of additional Bakken shale assets with the $17.8 million acquisition of roughly 70 wells spread across 1,600 acres in two of the main Bakken producing counties. READ MORE

August 28, 2018

Freedom Oil launches $18 million Eagle Ford drilling program

BY Patrick C. Miller Houston-based Freedom Oil & Gas has launched an $18 million continuous drilling program on its Eagle Ford shale acreage in Dimmit County, Texas. The program comes after better-than-expected initial results from six test wells. READ MORE

August 28, 2018

Permian Basin activity is driving extreme frack sand demand

BY Patrick C. Miller North American shale oil and gas activity, particularly in the Permian Basin, is driving an extreme demand for frack sand, according to a new report from IHS Markit. The report examines frack sand trends and how operators are handling bottlenecks. READ MORE

August 27, 2018

Cogent Midstream expanding processing capacity in Midland Basin

BY Patrick C. Miller Cogent Midstream LLC of Dallas plans to expand its natural gas processing capacity in the lower Midland Basin of west Texas. A new refrigerated cryogenic processing plant will add 200 million cubic feet per day of capacity. READ MORE

August 27, 2018

Panhandle Oil and Gas acquires North Dakota, Oklahoma properties

BY Patrick C. Miller Oklahoma City-based Panhandle Oil and Gas has acquired new acreage in North Dakota's Bakken shale play for $9 million and Oklahoma's STACK play for $790,000. The company is now producing from eight of the 20 Bakken wells it purchased. READ MORE

August 21, 2018

Candor Midstream gets $200 million commitment from EnCap Flatrock

BY Patrick C. Miller Houston-based Candor Midstream LLC is receiving an initial venture capital commitment of $200 million from EnCap Flatrock Midstream of San Antonio, Texas. Candor is an independent company focused on the development of midstream infrastructure. READ MORE

August 21, 2018

Halliburton introduces new automated fracking service

BY Patrick C. Miller Halliburton has unveiled its Prodigi AB hydraulic fracturing service, which the company calls a first-of-its-kind technology. It uses automation to improve efficiency, maximize perforation cluster performance and mitigate risks. READ MORE

August 21, 2018

Morgan Stanley Energy Partners, Catalyst Energy form partnership

BY Morgan Stanley Energy Partners Morgan Stanley Energy Partners and Catalyst Energy Services, Midland, Texas, have formed a strategic partnership. MSEP will make a major investment to support Catalyst's pressure pumping and oilfield services in U.S. oil and gas basins. READ MORE

August 21, 2018

Alaska North Slope to re-emerge as major U.S. oil producer

BY Staff A new energy analysis from IHS Markit says the Alaska North Slope Basin is poised to re-emerge as a major source of U.S. energy production. Recent discoveries indicate the area holds 38 billion barrels of oil equivalent in oil and gas. READ MORE

August 20, 2018

Vanguard Natural Resources transitions toward E&P operations

BY Patrick C. Miller Vanguard Natural Resources of Houston is transitioning from an upstream master limited partnership to an exploration and production company focused on organic growth. The company recently reported on its second quarter results. READ MORE