Continental explains 2020 shale plan


Continental Resources will spend roughly $2.2 billion in 2020 to further develop its Williston Basin and SCOOP/STACK portfolio. The planned spending total is flat compared to the previous year.
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Enbridge acquires LNG pipeline linked to TX export site


Upon closing of the transaction, Enbridge will own 100 percent of RBPL and assume all responsibility for the development, financing, construction, and operations of the Rio Bravo Pipeline.
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Phillips 66 acquires large stake in major Bakken pipeline


The 24-inch Liberty Pipeline will provide crude oil transportation service from the Rockies and Bakken production areas to Cushing, Oklahoma. The pipeline is underpinned with long-term volume commitments.
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Lonestar signs Eagle Ford agreement for longer laterals, HBPs


Lonestar Resources isn't going at the Eagle Ford shale alone this year. The independent exploration and production company has signed a joint development agreement in Gonzales County, Texas, across 15,000 acres.
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Saudi Aramco eyes massive shale gas field


Saudi Aramco, the Saudi Arabia-owned oil and gas production conglomerate that issued a $25.6 billion initial public offering earlier this year, is now pursuing shale gas inside the borders of Saudi Arabia.
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EIA revises global liquid fuels demand growth due to coronavirus


EIA estimates that COVID-19 will reduce China’s total petroleum and liquid fuels demand by an average of 190,000 b/d in 2020. This forecast is based on estimates of three components.
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Industry Events

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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