RimRock Oil goes all-in, buys into Williston Basin for $500M

Just over one year after obtaining a $500 million line of equity investment from Warburg Pincus, RimRock Oil & Gas has spent it all. In a deal with Bakken major Whiting Petroleum Corp., RimRock has acquired acreage and assets for $500 million.
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Magellan eyes Delaware Basin pipeline regardless of open season

Although the company will conduct an open season call to gain shipper interest levels and contracts, Magellan said the construction of the pipeline will not hinge on results from the open season.
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Committee formed to advise Interior Secretary on royalty policy

U.S. Secretary of the Interior Ryan Zinke has named 28 people to the Royalty Policy Committee he created to advise him on improving management of the federal and American Indian mineral revenue program. The group's first meeting will be Oct. 4.
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Patterson-UTI adds directional drilling to expand unconventionals

Texas-based oil and gas drilling contractor Patterson-UTI Energy Inc. has agreed to acquire MS Energy Services, a directional drilling company founded in Conroe, Texas. Through the acquisition, Patterson-UTI said it will grow its reach in shale.
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Growing The Shale Brand

Global energy services giant is bringing a new focus to shale. We talk with Halliburton's team on its focus in shale, new technologies and reasons for excitement in the digital, flowback and sand distribution segments.
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Gulf Coast making progress on restarting after Harvey

The oil and gas industry along the Texas Gulf Coast is continuing to make a comeback following the impacts of Hurricane Harvey. The U.S. Department of Energy reports that 18 percent of the Gulf Coast refining capacity is in the process of restarting.
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Weekly Top News

Read Q&A From The Play

Finding The Next Big Shale Play

BY Patrick C. Miller

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Industry Events

DUG Midcontinent Conference and Exhibition

September 19-21, 2017
Cox Convention Center
Oklahoma City, Oklahoma

OilComm

October 3-5, 2017
Houston Marriott Westchase
Houston, Texas

Executive Oil Conference and Exhibition

November 6-7, 2017
Midland County Horseshoe Arena & Pavilion
Midland, Texas





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