Showing the latest 60 - 90 articles

December 03, 2018

Jupiter makes move to connect Permian wells to the world

BY Luke GeiverJupiter CEO Tom Ramsey believes the Texas crude transport, storage and pipeline operator can soon connect the Permian wellhead to the world. Jupiter MLP is now collecting shipper interest in a Permian pipeline linked to three export terminals. READ MORE

November 30, 2018

Rystad shale analyst details new decline curve forecast model

BY Luke GeiverRystad Energy's Alexandre Ramos-Peon, a senior analyst for the energy analytics firm, has released new input on the use of artificial intelligence and machine learning in shale well decline curve forecasting. READ MORE

November 28, 2018

With eye on discounted Bakken crude, Par Pacific buys refinery

BY Luke GeiverA Houston-based energy infrastructure company will pay nearly $340 million for a Washington refinery advantaged because of its connection to Bakken crude. READ MORE

November 28, 2018

Chesapeake, Pronghorn agree to shale sand contract in Wyoming

BY Luke GeiverFor Chesapeake, Pronghorn will provide sand management, logistics and wellsite services for the E&P’s Wyoming Powder River Basin operations. In 2019, Chesapeake believes its oil production in the PRB will double. READ MORE

November 28, 2018

Sourcewater bolsters Permian water supply database

BY Sourcewater Inc. Sourcewater Inc., a leading provider of oilfield water intelligence, has announced that it has acquired the data and technology of Digital H2O Inc. Digital H2O was a pioneer in the oilfield water data space. READ MORE

November 26, 2018

Port of Corpus Christi becoming shale oil hub of North America

BY Luke GeiverWith two- to three-million new barrels of oil per day expected at the Port of Corpus Christi next year, leadership at the burgeoning shale oil export hub said the appropriate infrastructure is on the way. READ MORE

November 26, 2018

Questor gains Bakken, Permian clients for waste gas systems

BY Questor Technology Inc. Its high-performance emissions control delivers value in the form of increased oil production for clients while limiting NOx and VOCs to low and compliant levels. READ MORE

November 26, 2018

To focus on Permian, QEP sells Haynesville assets

BY Luke GeiverAethon Energy is putting its investment expertise to work in the Haynesville shale. The Dallas-based energy investment company that is active in many of North America's most active shale plays, will buy assets from QEP Resources. READ MORE

November 20, 2018

Houston Advanced Research Center to study flaring tech for shale

BY Houston Advanced Research Center Flaring issues vary across the U.S. with complex regulatory, economic and infrastructure frameworks. A team comprised of researchers from the Houston Advanced Research Center (HARC) and others will evaluate new tech, and economic factors. READ MORE

November 20, 2018

ND Bakken rewrites oil, gas production record books in September

BY Luke GeiverNorth Dakota's oil and gas industry broke nearly every major production record for the month of September. That state added nearly 70,000 barrels of oil to production totals for the month to exceed 1.3 million barrels of oil produced per day. READ MORE

November 20, 2018

Forbes Energy adds long-reach coiled tubing service to shale ops

BY Forbes Energy Services Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services to oil producers predominantly in the Permian Basin. The company has been an early mover in bringing high capacity coiled tubing units. READ MORE

November 16, 2018

Anadarko outlines 2019 shale plans, new dividend payments

BY Luke GeiverAnadarko Petroleum Corp. will spend billions across its shale acreage in Texas and Colorado in 2019. The plan for next year involves a capital budget spending range between $4.3 billion to $4.7 billion. READ MORE

November 16, 2018

Titan tests, proves electric power tongs on DJ Basin rig

BY Titan Casing By utilizing a drilling rig's hydraulic systems to operate casing power tongs, rather than diesel powered Hydraulic Power Units, Titan Casing has made a large step forward in making drilling locations safer and more economical. READ MORE

November 15, 2018

Pioneer, Covia shift sand operations to West Texas

BY Luke GeiverPioneer Natural Resources continues to pivot out of the pressure pumping and frack sand business. The exploration and production company based out of Dallas announced plans to transition out of a sand operation. Covia will also change site locales. READ MORE

November 15, 2018

Rosehill CEO talks southern Delaware Basin well results

BY Luke GeiverRosehill Resources reported strong third quarter results for 2018 and highlighted how much running room and learnings the Delaware Basin still has despite the frantic pace of development that has taken place in the last five years. READ MORE

November 14, 2018

Former Oxy CEO gives update on new shale E&P venture

BY Luke GeiverWhen Steve Chazen and his team at Magnolia Oil and Gas set out to build a new exploration and production company the goal was to build an E&P that was attractive to general investors. READ MORE

November 14, 2018

SPAC merging with shale workforce housing giant Target Lodging

BY Luke GeiverSpecial purpose acquisition companies (SPACS) are now looking beyond the exploration and production business and into the temporary housing service providers that serve E&P crews. READ MORE

November 13, 2018

PwC explains impacts of Q3 shale deal values

BY Staff In the third quarter, shale deal values increased by 73 percent compared to the previous quarter. The $122.8 billion recorded for Q3 2018 marks the second highest deal value total since the third quarter of 2014. PwC explains the trends and impacts. READ MORE

November 13, 2018

Natural gas report: producers scurry to satisfy demand

BY Staff The natural gas production and logistics industry is set to surge because of renewable power generation demand across the globe. The growth will also happen, despite recent trade disputes, according to a new report by Black & Veatch. READ MORE

November 13, 2018

After buying Pioneer's pumping assets, ProPetro No. 1 in Permian

BY ProPetro Holding Corp. The combination of ProPetro and Pioneer Pumping Services will result in the largest and most efficient pressure pumping provider in the Permian Basin. READ MORE

November 12, 2018

Marathon's multi-shale focus creates Q3 earnings performance

BY Luke GeiverMarathon Oil Corp.'s success as a multi-basin shale oil and gas producer has helped the exploration and production company generate more than $630 million in free cash flow in 2018. READ MORE

November 12, 2018

Smart Sand’s Bakken ops drive Q3 growth, share repurchase

BY Luke GeiverFrack sand demand from clients in the Bakken has helped propel Smart Sand Inc. to another strong quarter. The Texas-based sand supplier reported a 97 percent increase at its Van Hook, North Dakota, sand operation. READ MORE

November 12, 2018

Phillips 66 announces major Bakken to Corpus Christi pipeline

BY Luke GeiverPhillips 66 and Bridger Pipeline LLC have announced new Bakken pipeline plans that could create the second largest pipeline system in the Bakken and help move Bakken crude to Corpus Christi, Texas. READ MORE

November 08, 2018

ET announces new Permian pipeline, midstream plans

BY Energy Transfer LP Energy Transfer LP will add another NGL fractionator and pipeline in the greater Permian Basin to keep up with takeaway in portions of New Mexico and West Texas. READ MORE

November 07, 2018

Special purpose acquisition Co. buys into Bakken for $1.7B

BY Luke GeiverA SPAC has entered the Williston Basin. Vantage Acquisition Operating Company LLC, a special purpose acquisition company formed by former exploration and production executives, has acquired the Williston Basin assets of QEP Resources. READ MORE

November 06, 2018

Advanced Bakken completions, cost-control has Whiting inspired

BY Luke GeiverIn most cases, Whiting’s new advanced completion techniques have increased production in wells by 83 percent. Whiting has retooled its completion strategy four times starting in 2010 with generation one. READ MORE

November 06, 2018

Axis forms to bring new tech, advanced completions to shale

BY Axis Energy Services For too long, E&P companies in the U.S. have had two choices for completions. They could use coiled tubing with reliability issues in longer laterals, or stick pipe requiring too many companies on site, often without the right equipment or crews. READ MORE

November 05, 2018

Saulsbury's 54th midstream project shows success in shale

BY Luke GeiverAs the evolution of the North American shale landscape has evolved, Odessa, Texas-based Saulsbury has found its place. The engineering, procurement, fabrication and construction company was recently awarded its 54th contract for a midstream project. READ MORE

November 05, 2018

Encana, Newfield merge to create No. 2 unconventional producer

BY Luke GeiverEncana has become the second largest unconventional oil producer in North America with its all-stock merger with Newfield Exploration. Following the completion of the deal in early 2019, Encana intends to raise its dividends to shareholders. READ MORE

October 31, 2018

Delaware Basin operator turns to flex turbine to power well ops

BY Flex Leasing Power And Service In this case, the operator’s aggressive field development plan outstripped the local utility’s ability to provide adequate electric power. The original development plan assumed utility power would be available. READ MORE