ExxonMobil announces plans to join Permian Highway Pipeline


Under the letter of intent, ExxonMobil subsidiary XTO Energy may contract for up to 450,000 dekatherms per day (Dth/d) of capacity on the pipeline. The approximately $2 billion PHP Project will provide an outlet for increased natural gas production.
READ MORE   SHARE    

Energy Drilling, Henderson partaking in rig resurgence


Energy Drilling Co. and Henderson, a Houston-based service of drilling rigs and equipment, are at the midst of what each believes is a drilling rig resurgence happening in the U.S.
READ MORE   SHARE    


Logistics, transportation industry optimistic about economy


A survey of the logistics and transportation industry conducted last month by TCompanies shows a high level of optimism about the U.S. economy. Inflation and workforce shortages are viewed as potential concerns by survey respondents.
READ MORE   SHARE    

Ajax turns 2015 shale development plan into $900M-plus payout


When Ajax Resources acquired assets located in the northern Midland Basin three years ago, most observers thought the acreage was along the northernmost edge of the basin and had only one prospective zone.
READ MORE   SHARE    

Moda Midstream acquires Occidental's Ingleside energy terminal


Liquids terminaling and logistics provider Moda Midstream LLC of Houston announced a definitive agreement to acquire the Oxy Ingleside Energy Center from Occidental Petroleum Corp.
READ MORE   SHARE    

Pioneer using 3.0 completions for 2018, upping rigs in 2019


For the full-year, the company will continue to operate 20 rigs before adding at least another four, next year. Roughly 275 wells will be completed and placed on production this year, according to the company.
READ MORE   SHARE    

Weekly Top News

Read Q&A From The Play

Read Data Details

Industry Events

OilComm and FleetComm

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





308 Second Ave. N., Suite 304 | Grand Forks, ND 58203 | northamericanshalemagazine.com | 866-746-8385

© BBI International 2018