7 hours ago

PwC explains impacts of Q3 shale deal values

BY Staff In the third quarter, shale deal values increased by 73 percent compared to the previous quarter. The $122.8 billion recorded for Q3 2018 marks the second highest deal value total since the third quarter of 2014. PwC explains the trends and impacts. READ MORE

9 hours ago

Natural gas report: producers scurry to satisfy demand

BY Staff The natural gas production and logistics industry is set to surge because of renewable power generation demand across the globe. The growth will also happen, despite recent trade disputes, according to a new report by Black & Veatch. READ MORE

11 hours ago

After buying Pioneer's pumping assets, ProPetro No. 1 in Permian

BY ProPetro Holding Corp. The combination of ProPetro and Pioneer Pumping Services will result in the largest and most efficient pressure pumping provider in the Permian Basin. READ MORE

November 12, 2018

Marathon's multi-shale focus creates Q3 earnings performance

BY Luke GeiverMarathon Oil Corp.'s success as a multi-basin shale oil and gas producer has helped the exploration and production company generate more than $630 million in free cash flow in 2018. READ MORE

November 12, 2018

Smart Sand’s Bakken ops drive Q3 growth, share repurchase

BY Luke GeiverFrack sand demand from clients in the Bakken has helped propel Smart Sand Inc. to another strong quarter. The Texas-based sand supplier reported a 97 percent increase at its Van Hook, North Dakota, sand operation. READ MORE

November 12, 2018

Phillips 66 announces major Bakken to Corpus Christi pipeline

BY Luke GeiverPhillips 66 and Bridger Pipeline LLC have announced new Bakken pipeline plans that could create the second largest pipeline system in the Bakken and help move Bakken crude to Corpus Christi, Texas. READ MORE

November 08, 2018

ET announces new Permian pipeline, midstream plans

BY Energy Transfer LP Energy Transfer LP will add another NGL fractionator and pipeline in the greater Permian Basin to keep up with takeaway in portions of New Mexico and West Texas. READ MORE

November 07, 2018

Special purpose acquisition Co. buys into Bakken for $1.7B

BY Luke GeiverA SPAC has entered the Williston Basin. Vantage Acquisition Operating Company LLC, a special purpose acquisition company formed by former exploration and production executives, has acquired the Williston Basin assets of QEP Resources. READ MORE

November 06, 2018

Advanced Bakken completions, cost-control has Whiting inspired

BY Luke GeiverIn most cases, Whiting’s new advanced completion techniques have increased production in wells by 83 percent. Whiting has retooled its completion strategy four times starting in 2010 with generation one. READ MORE