Tally Energy Services acquires two Gearcon companies

With the acquisition of Gearcon Inc. and Gearcon Drilling Tools, Tally Energy Services of Houston has added downhole drilling motors to the list of products it provides to shale oil and gas operators. The Canadian companies will relocate to Texas.
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Partnership will develop Salt Creek Midstream in Delaware Basin

Ares Management LP and ARM Energy Holdings LLC have formed a partnership to develop Salt Creek Midstream LLC in the Delaware Basin, which will have 260 million cubic feet of capacity by the end of 2018. Additional expansion investments are planned.
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ConocoPhillips: Alaska winter exploration program looks promising

A winter exploration and appraisal program conducted by ConocoPhillips on the western North Slope in Alaska provided promising results. The data confirmed the company's estimate of 300 million barrels of recoverable oil in its Willow Discovery.
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STACK-focused operator partners on new shale drilling plan

Canyon Creek Energy-Arkoma LLC has entered into a joint development agreement with Pivotal Petroleum Partners II LP to jointly fund the development of wells on CCEA's acreage in the STACK shale play of Oklahoma.
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Schlumberger optimistic in Q1 outlook on rebalanced oil market

The global oil market is back in balance, according to the world's largest oilfield services company Schlumberger. The lack of global stock builds and continued Russia, OPEC production cuts have the market in balance.
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Ward Energy Partners sells DJ Basin assets

Ward Energy Partners LLC has sold assets located in Adams and Weld Counties in Colorado to an undisclosed buyer. The assets are prospective for the Codell and Niobrara reservoirs in the Denver-Julesburg basin in Colorado.
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Weekly Top News

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Industry Events

DUG Rockies

April 24-25, 2018
Colorado Convention Center
Denver, Colorado

DUG Permian Basin

May 21-23, 2018
Fort Worth Convention Center
Fort Worth, Texas

Williston Basin Petroleum Conference

May 22-24, 2018
Bismarck Event Center
Bismarck, North Dakota

2018 Bakken Conference & Expo

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

OilComm and FleetComm

October 3-4, 2018
Houston Mariott Westchase
Houston, Texas





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