Rystad explains global upstream changes, breakeven oil prices


Rystad Energy is forecasting that overall global upstream investments in 2020 will decrease by around 4 percent. Investments in shale/tight oil are expected to change next year toward the downside and breakeven oil prices will someday be $60/b.
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Basic exits shale pumping, focusing on midstream


Basic Energy Services Inc. has announced a plan to divest of its pumping services assets in multiple transactions with expected proceeds of approximately $30 to $45 million.
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Permian shale well base decline rates to rise in 2019


Oil and gas operators in the Permian Basin, the most prolific hydrocarbon resource basin in North America, will have to drill substantially more wells just to maintain current production levels.
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Milestone opens shale slurry injection site in northern Permian


Milestone Environmental Services, an industry leader in oilfield waste disposal services, has opened its newest facility in the prolific Permian Basin.
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WPX bolsters Delaware presence for $2.5B


By investing roughly $2.5 billion in the Delaware Basin, WPX Energy has added more than 1,500 new drilling locations, created greater cashflow certainty and sped up its 5-year plan.
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Monitoring, surveillance firm enters oilfield SWD business


Through Twenty20’s custom-built solution, SWD facilities are provided detailed data capture, safety and security alert and alarm capabilities, and automated regulatory compliance reporting.
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Industry Events

NAPE 2020

February 3-7, 2020
George R. Brown Convention Center
Houston, Texas

DUG Bakken & Rockies

February 18-19, 2020
Colorado Convention Center
Denver, Colorado

DUG Permian Basin

April 6-8, 2020
Fort Worth Convention Center
Fort Worth, Texas

DUG Eagle Ford

September 9-11, 2020
Henry B. Gonzalez Convention Center
San Antonio, Texas

Executive Oil Conference

November 3-4, 2020
Midland County Horseshoe Pavilion
Midland, Texas

DUG Midcontinent

November 19-21, 2020
Cox Convention Center
Oklahoma City, Oklahoma





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