Exploration & Production

February 25, 2019

ExxonMobil will boost Permian profits with help of Microsoft

BY ExxonMobil ExxonMobil said a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash over the next ten years. READ MORE

February 21, 2019

Shale Support, Fracht Group begin frac sand exports to Argentina

BY Shale Support This partnership allows Shale Support the ability to supply the Vaca Muerta Shale in Argentina with the high-quality, frac sand produced by Shale Support under the brand trademarked Delta Pearl. The first shipment left the port of New Orleans. READ MORE

February 21, 2019

QEP Resources pulls back on Williston sale, looks to larger sale

BY Luke GeiverVantage Energy Acquisition Corp. will have to wait to enter the Williston Basin. The blank-check company formed for the purpose of effecting a merger, asset acquisition or similar business had to cancel a deal to buy QEP's assets. READ MORE

February 21, 2019

Shale data, minerals and E&P firms form strategic partnership

BY RS Energy Group RS Energy Group has announced a strategic partnership with Denver-based FourPoint Energy and LongPoint Minerals, uniquely pairing data, mineral and royalty acquisition and exploration and production. READ MORE

February 18, 2019

Pioneer explains effects of 2018 changes, outlines impact on 2019

BY Luke GeiverPioneer Natural Resources is proving it knows how to streamline shale operations to match the evolving practices and expectations guiding the financial trends and success rates of the shale world. READ MORE

February 18, 2019

CLR pins 2019 focus on SCOOP, STACK and Bakken

BY Luke GeiverContinental Resources will focus on generating free cash flow through oil volumes in 2019. The Oklahoma exploration and production company with large leaseholds and operations in the Bakken and in Oklahoma will run roughly 24 rigs this year. READ MORE

February 18, 2019

Strategic JV in Eagle Ford could help move shale gas to Mexico

BY Howard Energy Partners The joint venture intends to market capacity on NextEra Energy Partners’ Eagle Ford Midstream system and HEP’s Eagle Ford Gathering system in an effort to help move shale south to Mexico. READ MORE

February 12, 2019

Reveal releases FracEYE system to reduce frac hits in shale wells

BY Luke GeiverTo minimize the effect of frac hits in mutliwell pads, Reveal Energy Services has developed a new product it calls FracEYE. The monitoring system allows operators to make timely adjustments to wells. READ MORE

February 12, 2019

Apache's 2019 shale spend: $1.7B

BY Luke GeiverIn the next year, Apache expects to grow overall production across its U.S. operations by up to 16 percent. In the Permian, Apache will grow oil production from Q4 2018 to the same period in 2019 by roughly 5 percent. READ MORE

February 12, 2019

Solaris signs another water deal, starts Permian recycling

BY Solaris Water Midstream Solaris Water Midstream LLC has begun recycling operations and has added new acreage and volume commitments that support a major expansion of its Pecos Star system, located in the heart of the Permian. READ MORE

February 11, 2019

First Bakken, now Permian: Meridian announces second refinery

BY Meridian Energy Group Meridian Energy Group Inc., has announced that the company has entered into agreement with a Winkler Company subsidiary establishing site control in Winkler County, Texas, for a new Meridian full-conversion crude oil refinery. READ MORE

February 11, 2019

Chevron will use acquired refinery to bolster Permian ops

BY Luke GeiverChevron U.S.A. Inc. is bolstering its Permian operations through the purchase of a $350 million light oil refinery. The oil major announced plans recently to acquire the Pasadena Refining System. READ MORE

February 11, 2019

Bakken's NDPC forms standardized contractor training program

BY North Dakota Petroleum Council Currently, contractors for the oil and gas industry must meet orientation and training requirements for each company they perform work for throughout the year. READ MORE

February 05, 2019

US Steel restarting energy tubular operations in TX

BY Luke GeiverCiting an improvement in market conditions, United States Steel Corp. has announced plans to restart tubular production operations in Lone Star, Texas, to serve the Permian shale oil play. READ MORE

February 04, 2019

Report outlines impact of Venezuela turmoil on global oil market

BY IHS Markit A new report by IHS Markit on Venezuela examines the impact of U.S. sanctions on the country's oil industry as well as the implications for the global oil market. READ MORE

February 04, 2019

2 shale pipeline updates show possibilities for Bakken, Permian

BY Luke GeiverThe push to build more shale oil transport pipelines across the country’s largest plays isn’t slowing down. In January, multiple projects were announced or updated, including a light oil pipeline for the Bakken and Permian. READ MORE

January 31, 2019

ExxonMobil restructuring to optimize unconventional, E&P ops

BY ExxonMobil We’re simplifying and integrating our upstream organization to better capitalize on the portfolio we’ve assembled through acquisitions and exploration success in the U.S. Permian Basin, Guyana, Mozambique, Papua New Guinea and Brazil, said ExxonMobil READ MORE

January 31, 2019

Continental Resources provides the shale scoop on SpringBoard

BY Luke GeiverWith multiple rigs running, the project entails multiple rows of drilling pads targeting stacked pay zones. Initial plans called for 7,500 foot laterals but recent laterals have reached closer to 10,000 feet. READ MORE

January 29, 2019

Permian vets, Charlotte investor group form new shale E&P

BY Hatch Resources Hatch Resources, a newly formed oil and gas exploration and production company based in Austin, Texas, and Ridgemont Equity Partners, a middle market buyout and growth equity firm, have announced a plan to target and develop Permian assets. READ MORE

January 28, 2019

Enerplus to invest heavily in Bakken in 2019 and beyond

BY Luke GeiverEnerplus will remain focused on the Williston Basin in 2019. The Calgary-based exploration and production entity will spend roughly 80 percent of the $635 million allocated for 2019 across a 42-well program in North Dakota. READ MORE

January 28, 2019

Study reveals benefits, impacts of Bakken oil, gas taxes to ND

BY North Dakota Petroleum Council From 2008 to 2018, oil and gas extraction and production taxes have raised almost $18 billion for the state, which accounts for almost 44 percent of total tax revenues collected by the state during that period. READ MORE

January 28, 2019

New shale tech provides real-time picture, avoids frack hits

BY Luke GeiverA new technology that allows hydraulic fracture engineers to view a real-time picture of a created fracture network in shale oil and gas wells has received $10.5 million in backing. READ MORE

January 25, 2019

North American Shale Magazine announces 2019 conference dates

BY Staff Both events will feature operator updates, investor perspectives and technology trend explanations during the two-day, high-scale events. The events will provide attendees with in-depth stories and powerful intel on the play’s hottest topics. READ MORE

January 24, 2019

DNV GL report: Oil industry will invest, but be tested in 2019

BY Staff DNV GL, a global oil and gas information and analysis company based in Norway, has issued its 2019 outlook for the world's oil and gas industry. The main takeaway from the industry analysis shows several key trends in 2019. READ MORE

January 23, 2019

University Lands selects 2 water providers for Delaware Basin oil

BY Layne Water Midstream H2O Midstream and Layne Water Midstream have signed a long-term contract with University Lands to jointly serve as the exclusive preferred water services provider on 167,000 acres located in the Delaware Basin. READ MORE

January 22, 2019

Schlumberger’s 2019 shale view: more of the same

BY Luke GeiverAfter a positive year for revenue growth in most U.S. sectors, the world’s largest energy service company said in its full-year and fourth quarter 2018 call to investors that exploration and production activities targeting U.S. shale will remain. READ MORE

January 22, 2019

ICE enhances Permian WTI crude futures contract options

BY Intercontinental Exchange Inc. Intercontinental Exchange Inc., an operator of global exchanges and clearing houses and provider of data and listings services, has enhanced its ICE Permian WTI crude oil futures contract. READ MORE

January 21, 2019

Oilfield tool maintenance provider expanding in Bakken, DJ Basin

BY Luke GeiverKoltek Energy Services is expanding its oilfield tool and equipment services to meet the needs of clients in the Bakken, DJ Basin, and Powder River Basin. READ MORE

January 21, 2019

Pin Oak building rail, liquid storage at US shale export site

BY Luke GeiverPin Oak will connect shale oil export infrastructure at Corpus Christi, Texas, to rail lines that will give producers in the Permian and Eagle Ford more flexibility to move product to export tankers. READ MORE

January 17, 2019

UK group planning CO2 sequestration trials in Europe, US shale

BY Very Large Scale Decarbonization Partners VLS Decarb is planning similar field trials in several U.S. shale basins where, pending results, these trial sites will be developed into fully functioning carbon dioxide storage facilities capable of permanently storing a significant percentage. READ MORE