Exploration & Production

June 19, 2018

Oxy, White Energy commence CO2 EOR study in Permian

BY Luke GeiverAlready a leading shale oil producer in the Permian Basin, Occidental Petroleum Corp. has announced plans to study new ways to get more oil out of the ground through a CO2 enhanced oil recovery project with a Texas ethanol producer. READ MORE

June 19, 2018

Baytex Energy, Raging River Exploration form $5 billion company

BY Patrick C. Miller Canadian producers Baytex Energy and Raging River Exploration have agreed to merge, forming a company valued at $5 billion. The combined company has a dominant acreage position in Canada's East Duvernay shale play and also operates in the Eagle Ford. READ MORE

June 18, 2018

Pioneer sells Raton Basin assets in southeastern Colorado

BY Patrick C. Miller Pioneer Natural Resources Co. is selling its Raton Basin assets in Colorado to Evergreen Natural Resources for $79 million. In February, Pioneer announced plans to sell its Colorado and Eagle Ford assets to become a Permian pure play operator. READ MORE

June 18, 2018

Supermajor oil companies must invest $30 billion in the Permain

BY Staff ExxonMobil, Royal Dutch Shell and Chevron, the three most active supermajor oil and gas companies in the Permian, will need to invest $30 billion in the play by 2020 to meet their production goals, according to a new report from IHS Markit. READ MORE

June 18, 2018

In Depth: Field-Driven Upgrading

BY Luke GeiverFROM ISSUE FOUR: For modern-day energy service providers competing for the biggest clients in the hottest plays, the push for the next best thing is a constant—and a requirement READ MORE

June 18, 2018

In Depth: The Bakken Better than Ever

BY Patrick C. Miller Emerging from the downturn, optimism from Bakken-industry players highlights why most see the play as another opportunity waiting to happen. READ MORE

June 12, 2018

AKITA, Xtreme drilling merge to expand into US shale markets

BY Luke GeiverAfter entering the Permian in early 2018, Calgary-based drilling company AKITA has made a major move to expand in the U.S. shale play. Through an agreement with Xtreme Drilling Corp., AKITA will shift focus to the U.S. READ MORE

June 12, 2018

Q&A: Is produced water extinguishing the Permian?

BY Staff A new study by Wood Mackenzie sheds light on the question of whether the cost of handling produced water in the Permian Basin could affect the economics of the play. Ryan Duman, principal analyst for the firm, answers questions about the report. READ MORE

June 12, 2018

As oil prices rise, so does hiring in the oil and energy sector

BY Staff The monthly LinkedIn Workforce Report for June shows that rising oil prices are increasing hiring in the oil and gas industry, particularly in Texas cities reliant on the energy industry. New hires in oil and gas have outpaced the national average. READ MORE