With Bakken production nearing record again, fringe areas in play

Bakken oil production is back to a record breaking pace. Lynn Helms, director of North Dakota Department of Mineral Resources Oil and Gas Division said during his recent monthly update that by mid-2018 production will surpass 1.2 mbopd.
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Schlumberger CEO: oil market balanced, expect 2018 growth

The world's largest oilfield services firm believes the global oil market is once again in balance. Schlumberger CEO Paal Kibsgaard said after four years in an oil cycle downturn, global supply and demand is balanced due to multiple factors.
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Major Marcellus shale pipeline gains approval

The approval comes two weeks after a severe regional cold spell that forced natural gas prices in New Jersey to skyrocket 31 times above the low-cost gas supplies that PennEast will access.
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RPSEA rolls out 10-year plan for U.S. oil and gas R&D

A technology roadmap outlining where R&D dollars should be invested for the U.S. onshore and offshore oil and gas industry has been released by the Research Partnership to Secure Energy for America (RPSEA). It includes data on emerging shale plays.
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Keystone XL gets enough commercial commitments to continue

TransCanada now has enough commercial commitments to proceed with construction of the Keystone XL Pipeline, which will carry heavy crude from Canada to refineries on the U.S. Gulf Coast. The company is continuing to secure additional commitments.
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3D seismic surveys planned for SCOOP/STACK, Permian shales

TGS has announced three new onshore seismic projects that will help E&P clients better understand opportunities in the Permian Basin, SCOOP/STACK region of the Midcontinent and in the Montney shale.
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Industry Events

NAPE Summit

February 5-9, 2018
George R. Brown Convention Center
Houston, Texas

2018 Bakken Conference & Expo

July 16-18, 2018
Roughrider Center
Watford City, North Dakota





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