Exploration & Production

July 09, 2019

Bakken presenters explain why shale play is on cusp of new era

BY Luke GeiverThe Bakken shale play has gone through several phases, and now, thanks to the presenters and speakers at the 2019 Bakken Conference & Expo, stakeholders can a glimpse into the future of the Bakken. READ MORE

July 09, 2019

Lucid, XTO agree to long-term Delaware Basin gas deal

BY Lucid Energy Group Lucid’s assets are strategically positioned for XTO’s development plans and complement what its affiliates are planning for midstream infrastructure within the basin and out of the basin to the downstream markets. READ MORE

July 09, 2019

US surpasses 12 million barrels per day of oil for first time

BY Emily Geary/U.S. Energy Information Administration U.S. crude oil production and lease condensate reached another milestone in April 2019, totaling 12.2 million barrels per day, according to EIA's latest Petroleum Supply Monthly. READ MORE

July 09, 2019

Oil expert: We are in historic crude infrastructure boom

BY Wood Mackenzie Growing supply of Permian crude means the basin will need extra crude oil takeaway capacity of up to 500,000 barrels per day by the end of the next decade, according to new research from global natural resources firm Wood Mackenzie. READ MORE

July 02, 2019

Bakken Conference set to bring new insight on tech, policy, plans

BY North American Shale Magazine The 2019 panel presentations will provide in-depth analysis and timely presentations from 30-plus speakers including a special session titled, “Innovation in Bakken Research: University- and Industry-Led Efforts to Solve Big Problems." READ MORE

July 01, 2019

Permian refinery developer lines up another product contract

BY Luke GeiverWhen a proposed West Texas oil refinery begins operating, the development company behind it, MMEX Resources Corp., will have buyers for all of its product. READ MORE

June 25, 2019

Nine Point gains $320M loan for Bakken developments

BY Luke GeiverAB Private Credit Investors LLC will loan roughly $320 million to help Nine Point Energy continue buildings its Williston Basin position. Nine Point is active in Williams and McKenzie Counties in North Dakota. READ MORE

June 25, 2019

Archrock to acquire shale gas compressor company for $410M

BY Archrock The assets being acquired from Elite are highly utilized, predominantly large-horsepower compression units, more than 80 percent of which are contracted for more than three years with blue-chip customers. READ MORE

June 25, 2019

Electric motor developer, US Well Services sign on for frac fleet

BY Luke GeiverA pioneer in electric-powered hydraulic fracturing technology is making its relationship with a electric motor developer official. U.S. Well Services Inc. has entered into an official agreement. READ MORE