PwC US energy lead explains optimism for shale in 2018

The U.S. deals leader for Pricewaterhouse Coopers believes energy companies have an opportunity to go public or execute an acquisition this year.
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After US tax changes, ExxonMobil ramping up Permian production

ExxonMobil has announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico due to recent U.S. tax rate changes.
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Canadian drillers plan to shift rigs to Permian Basin

Two Canadian drilling companies based in Calgary, Alberta, will shift rigs to the Permian Basin in response to increased customer demand. Trinidad Drilling Ltd. will move eight rigs while Akita Drilling Ltd. will move its Rig 90 to Texas.
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Two Texas companies lauch initial public offerings

FTS International of Fort Worth and Cactus Inc. of Houston have launched initial public offerings of their shares. FTS is one of the largest frack service providers in North America. Cactus designs, makes and sells oil and gas well equipment.
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Gastar Exploration sells Oklahoma non-core reserves

Houston-based Gastar Exploration Inc. has entered into a purchase and sale agreement to divest of its interest in the West Edmund Hunton Lime Unit of Oklahoma for $107.5 million. The transaction is expected to close by Feb. 28.
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Targa adding cryogenic processing plant to Oklahoma gas play

Targa and MPLX will construct a new 150 million cubic feet per day cryogenic natural gas processing plant in Hughes County, Oklahoma, (the Hickory Hills plant) to process growing natural gas production from the Arkoma Woodford Basin.
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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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