Exploration & Production

February 22, 2017

Encana finding ways to utilize multi-shale-basin knowledge

BY Luke GeiverWith the continued increase in North American shale activity, some exploration and production companies are experiencing higher charges for service costs. Encana Corp., a multi-basin producer, is not. READ MORE

February 22, 2017

Cimarex shares 56 percent spending increase, sand placement plans

BY Luke GeiverCimarex Energy Co. will spend 56 percent more on exploration and development this year than the operator heavily focused on West Texas and Oklahoma did in 2016 based on better oil prices and increased fracture know-how. READ MORE

February 22, 2017

Could Euro, Asian investors be eyeing the Permian?

BY Staff Mangesh Hirve is the Chief Operating Officer for a global oil and gas research firm called 1Derrick. We talked with Hirve about a new report from his team detailing interest from international investors in U.S. shale plays. READ MORE

February 22, 2017

EIA upstream analyst talks tight oil projections

BY Staff Troy Cook, senior global upstream analyst (and petroleum engineer by training) for the U.S. Energy Information Administration, talks about his team's work on U.S. tight oil projections and offers input on the role of tight oil production for the U.S. READ MORE

February 22, 2017

Whiting’s production gains now the norm, not a geologic exception

BY Luke GeiverProduction gains for Whiting Petroleum Corp.'s Williston Basin wells are related to enhanced completion technology, not acreage high grading or region-specific geology. Since 2014, Whiting's wells have had an increased average daily production of 84% READ MORE

February 22, 2017

Strong second half in 2016 transformed Diamondback Energy

BY Patrick C. Miller Texas producer Diamondback Energy used a strong second half in 2016 to boost production 40 percent, set company records for well completions and acquire new acreage in a $2.4 billion deal. The acquisition more than doubles its Tier 1 acreage. READ MORE

February 22, 2017

Marathon Oil to spend $2.2 billion on shale resources in 2017

BY Patrick C. Miller Marathon Oil's $2.2 billion capital program for 2017 will focus on its U.S. shale resources in the Permian and the Bakken. The company will focus on retaining leases in Oklahoma's STACK and SCOOP plays and plans activity in the Eagle Ford. READ MORE

February 15, 2017

Bakken has large production dip, but major frack activity starts

BY Luke GeiverSpring can't come soon enough for Bakken oil and gas producers. After three major snowfall events production has undergone a major decrease. But, several fracks with more on the way, are focused on the Bakken. READ MORE

February 15, 2017

Flowtex Energy acquires producing acreage in east Texas

BY Patrick C. Miller Flowtex Energy of Austin has acquired significant producing acreage in east Texas to decrease its time to market. The company plans to continue acquiring under-performing assets to capitalize on the current market downturn. READ MORE