Exploration & Production

October 12, 2017

Texas E&P company expands Permian acreage for $45.6 million

BY Patrick C. MillerPermian Basin operator Lilis Energy will acquire more than 4,000 additional acres in the basin for $45.6 million, giving it in excess of 15,000 net acres. The company also reported production results for a well drilled on its Wildhog State Com lease. READ MORE

October 12, 2017

New report: oil and gas fog lifting in 2017

BY Staff Stabilizing oil prices has given investors a better view of attractive opportunities for merger and acquisition deals heading out of 2017 and into next year, according to a new report from the team at AT Kearney. READ MORE

October 12, 2017

Paris bank BNP Paribas no longer financing shale oil, tar sands

BY BNP Paribas Group BNP Paribas is announcing a new global financing policy with regard to the exploration, production and transport of non-conventional hydrocarbons. BNP Paribas will no longer do business with companies focused on oil and gas from shale and oil sands. READ MORE

October 12, 2017

Kalnin becomes Marcellus operator through fifth asset package buy

BY Luke GeiverKalnin Ventures LLC, a Denver-based energy investment firm backed by a $500 million equity fund, has proven again that it believes in the long-term opportunity in the Marcellus. READ MORE

October 10, 2017

New study for investors shows carbon levels of shale crude

BY Staff Crude oils do not share the same carbon intensity levels. A research team at ARC Energy Research Institute hopes investors understand that such variability exists and that their research will help them reduce risk if stricter GHG regulations happen. READ MORE

October 09, 2017

Corps of Engineers might not complete DAPL review until spring

BY Patrick C. Miller In a court filing last week, the U.S. Army Corps of Engineers said it might need until April 2018 to complete the court-ordered review of treaty rights and environmental justice issues related to the Dakota Access Pipeline. READ MORE

October 09, 2017

EPIC, BP sign agreement on Permian, Eagle Ford NGL pipeline

BY Patrick C. Miller A new 650-mile NGL pipeline will link producers in the Permian and Eagle Ford basins with Gulf Coast refiners, petrochemical companies and export markets. Construction began after an agreement between EPIC Y Grade Pipeline LP and BP Energy Co. READ MORE

October 09, 2017

Calgary artificial lift firm to expand into Bakken, Permian

BY Raise Production Inc. Raise Production Inc. has announced the expansion of its product line sales into the U.S.Raise has entered into a distribution agreement with a major USA service provider connected to the Bakken and Permian plays. READ MORE

October 09, 2017

BLM suspends and delays flaring and venting rule

BY Patrick C. Miller The Bureau of Land Management announced last week that it will suspend or delay parts of the venting and flaring rule issued last year by the Obama administration. The agency said it was part of President Trump's effort to reduce federal regulation. READ MORE