April 23, 2019

Artificial intelligence firm gets second funding round for shale

BY Luke GeiverArtificial Intelligence (AI) is gaining favor across the oil patch. OAG Analytics, an AI-specialist focused on oil and gas, announced this week it has received a second round of strategic funding. READ MORE

April 23, 2019

Apache deferring shale gas production at Alpine due to takeaway

BY Luke GeiverApache Corp. is deferring natural gas production from its Alpine High play due to low gas prices at WAHA Hub. The reductions will amount to roughly 250 million cubic feet per day of gross production. READ MORE

April 22, 2019

Report: Ohio shale industry has attracted $74B since 2011

BY JobsOhio Upstream activities, such as drilling or royalties, accounted for more than $3.4 billion of this total. According to the Ohio Department of Natural Resources, 157 wells were listed as “drilled, drilling or producing” in Ohio. READ MORE

April 22, 2019

Halliburton Q1 updates reveal complexity of US frac market

BY Luke GeiverThe hydraulic fracturing market across the North American shale scene is as complex as ever. Halliburton CEO Jeff Miller explained the changes, offerings and strategies the global energy service giant has experienced in the past years, and months. READ MORE

April 22, 2019

Oil price edges up after US State Dept decision on Iranian oil

BY Luke GeiverWest Texas Intermediate oil traded at its highest rate in nearly six months today, reaching nearly $66/b. The pricing reflects political turmoil between the U.S. and Iran. READ MORE

April 22, 2019

Bayou Bridge Pipeline could aid Bakken, DJ, Powder River shippers

BY Luke GeiverEnergy Transfer LP and Phillips 66 Partners LP have announced plans to potentially expand crude oil shipper access on a Louisiana refinery-linked system to Bakken, Powder River, DJ Basin, and Permian Basin producers. READ MORE

April 16, 2019

EIA data: US reached record energy consumption

BY Luke GeiverU.S. energy consumption set a record in 2018, increasing by 4 percent above 2017 levels and 0.3 percent above the previous record set in 2007, according to new data from the U.S. Energy Information Administration. READ MORE

April 16, 2019

Emerson's IoT system enhances shale oil production, monitoring

BY Luke GeiverA new technology offering created by Emerson could use data and IoT to optimize production in existing unconventional wells and also help with new well designs. READ MORE

April 15, 2019

Energy survey shares insight on drilling, market outlook

BY Staff A first quarter energy survey completed by the Federal Reserve Bank of Kansas City shows that while energy related activity in Colorado, Wyoming, Oklahoma and the northern half of New Mexico was flat, things are changing in 2019. READ MORE