Lucid Energy, other Permian midstreams secure long-term contracts


The largest privately held natural gas processor in the Delaware Basin has signed a long-term agreement with Marathon Oil Permian LLC. Through the new contract, Lucid will expand its footprint in the infrastructure needy Delaware Basin.
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Following 6-well test, Freedom goes all-in on Eagle Ford


Freedom Oil & Gas Ltd announced that it has commenced drilling on its Eagle Ford shale acreage in Dimmit County, Texas. After successfully testing its acreage position, the E&P has contracted for a full-time drilling rig.
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Halliburton CEO addresses macro issues, digital options


The North American shale scene is looking the best it has in four years, according to Jeff Miller, CEO of Halliburton. North America is now a consistent part of the global supply and demand picture—and no longer a swing producer.
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Permian in-basin sand supplier adds crude takeaway to TX site


Proppant provider Vista is adding crude gathering and takeaway operations to its list of services. The company has formed a definitive agreement with Jupiter MLP LLC to gather crude from trucks before shipping it via rail to Louisiana.
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Schlumberger CEO: Can U.S. shale meet future global oil demand?


Can North American shale oil help meet global oil demand as E&P investments continue to lag following the three-year oil price downturn? Paal Kibsgaard, Schlumberger CEO, addressed the issue during the 2018 Barclays CEO Energy-Power Conference.
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Ares acquires Paradigm to bolster Bakken midstream assets


Ares Management LP believes its acquisition of Paradigm Energy Partners will make the company a premier regional Williston Basin midstream service. The buyout includes the Van Hook gathering system.
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