Exploration & Production

October 09, 2017

Matador to fund Delaware Basin growth through 8M common shares

BY Luke GeiverMatador Resources Co, an independent exploration and production company with a focus on shale energy developments in the Permian and Eagle Ford shale plays, has announced plans to issue 8 million shares of common stock. READ MORE

October 03, 2017

Permian pureplay Diamondback able to increase production

BY Luke GeiverDiamondback Energy has proven to be a great example of a resilient shale energy producer. Despite continued stress on oil prices and an extreme weather event to its geographical south, the Permian producer is increasing Q3 production. READ MORE

October 02, 2017

STACK producer, shale investor link on drilling, working interest

BY Luke GeiverChaparral Energy, the Oklahoma-focused exploration and production company named after a roadrunner, has formed a joint development agreement with Bayou City Energy that will exchange working interests for drilling funds. READ MORE

October 02, 2017

Duvernay shale assessment shows oil, gas in place

BY Staff The Duvernay offers light oil, condensates and marketable gas at depths ranging from 1.5 to 3 miles below the surface. Operators could be looking to more areas of the play, according to provincial land sales activity. READ MORE

October 02, 2017

New agreement and partnership boost Advantage Midstream

BY Advantage Midstream Advantage Midstream LLC announced an agreement with Castlelake LP to serve as its primary equity sponsor. The Dallas-based company has also formed a partnership with California technology provider Greyrock Energy Inc. READ MORE

October 02, 2017

ExxonMobil still adding Permian acres months after $5.6B purchase

BY Luke GeiverAfter purchasing 250,000 Permian Basin acres for $5.6 billion in February, ExxonMobil's push to acquire acreage in the Permian has cooled, but this week the company announced more acquisitions. READ MORE

October 02, 2017

Research reveals best well site reclamation practices

BY Staff Land reclamation at well sites on arid land in Wyoming can be challenging. A study conducted by a research team led by Jay Norton with the University of Wyoming revealed the importance of weather and soil salvaging for successful reclamation. READ MORE

September 26, 2017

Energy portfolio manager details new strategy shale execs may use

BY Luke GeiverExecutives of shale-focused exploration and production companies need to take note of a changing attitude of investors, according to former petro geologist and current energy portfolio manager Shawn Reynolds with VanEck. READ MORE

September 26, 2017

PDC Energy strengthens position in DJ Basin’s best field

BY Luke GeiverFor PDC Energy, its opportunity in the Wattenberg field of the DJ Basin has just gotten bigger. For $210 million, the Denver-based exploration and production company that already has a large stake there has acquired more acreage. READ MORE

September 26, 2017

New tool from a super shale basin

BY Staff A lifetime of work on the Permian Basin has led to the creation of a new 3D geological model of the subsurface areas. John Roberts and other IHS Markit experts have data to show why the Permian is a super basin. READ MORE

September 25, 2017

Better than expected DJ Basin production pushes up Noble's sales

BY Luke GeiverBetter than expected production increases in its DJ Basin acreage has caused Noble Energy to increase its Q3 oil production volumes and sales volumes. Strong performance in the Wells Ranch and East Pony have created a 4 percent increase for sales. READ MORE

September 25, 2017

Microseismic firm Spectraseis to share input on proppant system

BY Luke GeiverSpectraseis, a surface-based microseismic technology and service provider, has created a new approach to help operators understand and visualize propped fracture lengths. READ MORE

September 25, 2017

BHGE partners to bring digital simulation tech to oil, gas

BY Baker Hughes, GE Company For the first time, oil and gas customers can build a digital twin of a plant, refinery or rig, that incorporates end-to-end process and operational analytics and machine learning. READ MORE

September 21, 2017

In the Permian Basin, will geology or technology prevail?

BY Staff Wood Mackenzie recently issued a report examining whether growth in the Permian Basin is sustainable. Robert Clarke, the firm's research director for Lower 48 upstream, discussed how geology and technology factor into future production. READ MORE

September 18, 2017

One million barrels per day is Bakken shale's new normal

BY Patrick C. Miller North Dakota's crude production continued a slow but steady climb in July while gas production hit a new all-time record. Lynn Helms, director of the state's Department of Mineral Resources, believes it's the start of a long-term trend. READ MORE

September 18, 2017

IOG Capital investing $130 million in shale drilling programs

BY Patrick C. Miller Up to $130 million will be invested in three new shale development drilling programs in Texas and Oklahoma.Dallas-based IOG Capital will conduct the drill-ready programs through its newly formed affiliate, IOG Resources LLC. READ MORE

September 14, 2017

Is climate change making hurricanes worse?

BY Staff Hurricanes Harvey and Irma have sparked debate about the role of climate change in extreme weather events and raised questions about he use of fossil fuels. Randy Cerveny, a climatologist at Arizona State, answers questions on what science tells us. READ MORE

September 12, 2017

OPEC, EIA reports offer 2018 price, supply, demand insights

BY Staff New reports released this week from the Organization of Petroleum Exporting Countries and the U.S. Energy Information Administration provide oil pricing and supply forecasts through 2018 but offer little on the impact of Harvey or Irma. READ MORE

September 12, 2017

Bakken shale producer Whiting makes move to increase stock trends

BY Luke GeiverWhiting Petroleum Corp., a major Bakken and Niobrara oil and gas producer, is taking steps to increase the trading price of its common stock through a reverse stock split. The move could spur trading activity. READ MORE

September 12, 2017

Permian shale customer demand drives Dragon’s San Angelo purchase

BY Luke GeiverThe demand for surface production equipment has provided an opportunity for Beaumont, Texas-based Dragon to expand its offerings to the Permian Basin. READ MORE

September 12, 2017

Greene and Brigade Energy each find ways to expand shale services

BY Luke GeiverGreene Energy Group LLC and Brigade Energy Services LLC each announced plans this week that should help the shale energy service providers expand in North Dakota, Oklahoma and Texas. READ MORE

September 11, 2017

Reusing produced water becoming more economical in the Permian

BY Patrick C. Miller A new University of Texas at Austin research study suggests that the advantages of recycling produced water from fracking operations is becoming more economical in the Permian Basin as water requirements increase and more seismic earthquakes occur. READ MORE

September 11, 2017

Experts: NAFTA offers advantages to U.S. oil and gas industry

BY Staff While President Donald Trump has threatened to withdraw from NAFTA, two trade experts with Monarch Global Strategies agree with oil and gas organizations in the U.S., Canada and Mexico that the agreement provides industry with key advantages. READ MORE

September 11, 2017

Trump talks taxes, energy during North Dakota appearance

BY Patrick C. Miller President Donald Trump came to the Andeavor Refinery in North Dakota last week to talk about his plans to lower taxes and reform the tax code. He also used the opportunity to speak about his administration's energy and regulatory policies. READ MORE

September 06, 2017

In Depth: Working Effectively With Tribes On Energy Projects

BY Troy Eid Wherever and whenever it happens, managing the next Standing Rock controversy—better yet, mitigating or avoiding it—should be on every energy developer’s agenda. READ MORE

September 05, 2017

In Depth: Growing The Shale Brand

BY Luke GeiverGlobal energy services giant is bringing a new focus to shale. We talk with Halliburton's team on its focus in shale, new technologies and reasons for excitement in the digital, flowback and sand distribution segments. READ MORE

September 05, 2017

Details behind Statoil’s latest shale oil expansion

BY Staff Statoil's presence in shale grew this year, but not in North America. Although the company already has operations in the Williston Basin and the Eagle Ford along with partnerships that link it to the Marcellus, Argentina shale is next. READ MORE

September 05, 2017

Gulf Coast making progress on restarting after Harvey

BY Patrick C. Miller The oil and gas industry along the Texas Gulf Coast is continuing to make a comeback following the impacts of Hurricane Harvey. The U.S. Department of Energy reports that 18 percent of the Gulf Coast refining capacity is in the process of restarting. READ MORE

September 05, 2017

RimRock Oil goes all-in, buys into Williston Basin for $500M

BY Luke GeiverJust over one year after obtaining a $500 million line of equity investment from Warburg Pincus, RimRock Oil & Gas has spent it all. In a deal with Bakken major Whiting Petroleum Corp., RimRock has acquired acreage and assets for $500 million. READ MORE

September 05, 2017

In Depth: Finding The Next Big Shale Play

BY Patrick C. MillerCan the U.S. capitalize on its experience to keep the shale revolution going? The answer depends on three factors, according to a group of researchers and industry experts. READ MORE