New Permian crude refiner to sell diesel back to drillers

The developer of a Permian Basin-based refinery is going full-circle with its shale-oil produced crude. Through a deal with Pilot Thomas Logistics, MMEX Resources will provide the diesel back to drilling rig operations in the region.

From Calgary to Oklahoma, STEP bolsters US frack ops

STEP Energy Services has made a $275 million move to become part of the growth story happening in the SCOOP/STACK play of Oklahoma. With a rig count increase of 103 percent over the last two years, the energy service provider wanted to invest in OK.

Preferred Sands opens facilities to serve Eagle Ford shale play

Pennsylvania-based proppant manufacturer Preferred Sands began operation of a frack sand mine and loading facility in Atascosa County, Texas, to serve operators in the Eagle Ford. The company will soon open another facility to serve the Permian.

New electrical system powers Parsley Energy's Delaware assets

A 10-year agreement between Priority Power Management and Parsley Energy has resulted in an electrical system to power oil and gas operations in the Delaware Basin. The system includes a substation and 33 miles of transmission lines.

QEP sets focus on Permian only, plans asset sale

By late April, Denver-based QEP Resources could become a Permian Basin pure play operator. QEP's board of directors has approved plans to list the company's Williston Basin, Uinta Basin and Haynesville assets.

Delaware Basin drives EOG to big finish in last quarter of 2017

EOG emerged from the oil and gas industry downturn in 2017 with what CEO William Thomas called "unprecedented levels of efficiency and production," turning last year's losses into big gains that will be passed on to stockholders.

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