ConocoPhillips rolls out new operating model for 2019


“We no longer think of our value proposition as merely disciplined, we view it as the new order. We are running our business for sustained through-cycle financial returns, which is necessary for attracting investors back to the E&P sector."
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P2 releases AI system for shale lease management


Artificial intelligence can now be used for oilfield leases. ThoughtTrace, a tech company that uses AI for quickly assessing and compiling critical information in legal documents, is working with P2 on a system for the Permian.
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Special crystalline added to concrete shale facility in Permian


The large saltwater disposal tanks at the Balmorhea Shale Oil Facility in West Texas, completed in November 2018, included PENETRON ADMIX in the concrete.
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Chevron 2019 shale plans includes $3.5B to Permian


Chevron has earmarked $3.5 billion for the Permian in 2019. The oil major released a basic spending for 2019 that will equal $20 billion for both upstream and downstream across its U.S. and international operations.
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Hess boosting rig count, production in Bakken for 2019


To deliver strong returns, production growth and significant future free cash flow, Hess Corp. will spend 75 percent of its 2019 capital budget in the Bakken shale play. The Bakken will receive $1.425 billion.
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Marcellus shale transload facility receives federal grant


The U.S. Department of Transportation has awarded Hannibal, Ohio, a $20 million grant to improve a rail and pipeline energy transload facility that serves the Marcellus and Utica shale plays.
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Industry Events

NAPE Summit

February 11-15, 2019
George R. Brown Convention Center
Houston, Texas

2019 Bakken Conference & Expo

July 16-17, 2019
Bismarck Event Center
Bismarck, North Dakota





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