Exploration & Production

June 25, 2019

Shale gas from Permian to source new plastics plant near Gulf

BY Luke GeiverFood packaging, construction materials and agricultural films may soon be produced from shale gas sourced from the Permian Basin. Gulf Coast Growth Ventures LLC, a joint venture group, has contracted with Mitsubishi for the build-out of a new plant. READ MORE

June 25, 2019

Bakken to surpass record output despite gas bottlenecks

BY ESAI Energy ESAI Energy points to increasing rig productivity and efficiency gains in areas outside of the Bakken core that are translating into high growth rates for the basin as a whole. READ MORE

June 19, 2019

Chisholm, Gastar merge to create large STACK shale E&P

BY Luke GeiverThe new version of Chisholm will have 20,000 barrels of oil equivalent per day of production across roughly 165,000 net acres mainly in Kingfisher County, Oklahoma. READ MORE

June 18, 2019

Cowboys' Jones invests in Haynesville to realize shale gas vision

BY Luke GeiverDallas Cowboys owner Jerry Jones has a vision to create a leading shale gas production company. Jones intends to realize his vision in the Haynesville shale basin of eastern Texas. READ MORE

June 18, 2019

For shale truck driver shortage, virtual reality could be answer

BY Luke GeiverVirtual reality simulators could be the key to maintaining oil and gas production in some of North America's most prolific, and truck-dependent, shale plays. READ MORE

June 18, 2019

ESAI: Demand, not inventories, should drive OPEC decision

BY ESAI Energy As the OPEC+ meeting, now delayed until July 7, approaches, the question of inventory levels will gain considerable attention. We believe global (OECD and non-OECD) crude oil and product inventories are adequate, but not excessive. READ MORE

June 18, 2019

Major shale energy service firms merge for scale, cost savings

BY Luke GeiverC&J Energy Services and Keane Group Inc. will merge in a all-stock deal of equals. By the end of 2019, the combined entities will have a new name and ticker symbol along with a new ranking among its peer group. READ MORE

June 17, 2019

Bakken Liberty project will give oil producers confidence to grow

BY Luke GeiverBy the first half of 2021, the Bakken shale oil and gas play of North Dakota, Montana and portions of Saskatchewan, could have access to a second major oil takeaway pipeline. READ MORE

June 03, 2019

EnergyFunders to allow direct investments in US shale plays

BY EnergyFunders EnergyFunders, an innovative digital energy investment platform based in the energy capital of Houston, is officially joining the ranks of large, publicly traded oil and gas operators who operate in advanced shale plays like the Permian and Bakken. READ MORE

May 31, 2019

Report: Independent oil, gas producers dominating US energy

BY Independent Petroleum Association of America Independent oil and natural gas producers are dominating the United States energy markets, now accounting for 83 percent of the nation's oil production and 90 percent of its natural gas and NGL production. READ MORE

May 31, 2019

Exterran lands major water contract with Permian producer

BY Exterran Exterran, a global systems and process company offering solutions in the oil, gas, water and power markets, announces its Water Solutions business has secured a significant produced water treatment contract after a successful pilot test in 2018. READ MORE

May 30, 2019

Devon Energy embarks on new US shale focus

BY Luke GeiverDevon Energy is working to become a U.S. shale oil pure-play company following the sale of its Canadian assets. In a deal valued at nearly $3 billion, the Oklahoma-based exploration and production firm is planning a new focus. READ MORE

May 28, 2019

Stage Completions records 142-stage Permian shale well

BY Stage Completions The Bowhead II system runs a dissolvable ball on collet that activates sliding sleeves. The Bowhead II system has a constant ID through the wellbore that is cementable in place and allows for longer laterals, tighter spacing and higher pump rates. READ MORE

May 28, 2019

Former RSP Permian execs start blank check energy firm

BY Luke GeiverAfter developing, and then selling, RSP Permian Inc. for $9.5 billion to Concho Resources, a trio of former shale oil and gas executives are leading a new blank check energy company. READ MORE

May 28, 2019

Texas oil, gas activity numbers reveal curious trend

BY Texas Alliance of Energy Producers Despite declines in rig count, drilling permits, well completions, and E&P employment, the Texas oil and gas economy is expanding according to new info from the Texas Alliance of Energy Producers. READ MORE

May 22, 2019

Oxy, Carbon Engineering plan direct air capture plant for Permian

BY Oxy Low Carbon Ventures LLC, Carbon Engineering Oxy Low Carbon Ventures LLC, a subsidiary of Occidental, and Carbon Engineering Ltd., a Canadian clean energy company, have announced they are jointly proceeding with the engineering and design of the world's largest facility. READ MORE

May 21, 2019

New completion designs, breakevens help Bakken break records

BY Luke GeiverA historic, decades-old oilfield in North Dakota is responsible for one of the highest barrel per day initial production rates ever recorded from a well on land in the U.S. The results have big implications for the Bakken and Three Forks shale plays. READ MORE

May 21, 2019

Breakeven oil prices underscore shale’s impact on the market

BY Michael Plante, Kunal Patel The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices. READ MORE

May 21, 2019

Red Wolf team back in shale after SCOOP/STACK acreage buy

BY Luke GeiverAfter forming in February, Red Wolf Natural Resources is back in the shale game. Drew Deaton and his team previously worked in developing shale assets in multiple plays including the DJ Basin and Anadarko Basin. READ MORE

May 20, 2019

ExxonMobil outlines Permian's operational impact on NM's economy

BY ExxonMobil The state government will receive an estimated $62 billion in net fiscal benefits, $44 billion of which will come from new leases and royalties, according to the research. About $8.5 billion will come from state oil-and-gas severance taxes. READ MORE

May 20, 2019

KKR forms partnership to acquire Williston Basin shale assets

BY KKR KKR, a leading global investment firm, and, Western Natural Resources LLC have announced a new partnership to acquire producing and undeveloped oil and gas assets in the Williston Basin. READ MORE

May 14, 2019

KKR backs former Wildhorse E&P execs in new Permian venture

BY Spur Energy Spur Energy Partners LLC and KKR, a leading global investment firm, today announced the formation of a partnership to acquire large, high-margin oil and gas production and development assets across the Permian. READ MORE

May 13, 2019

Woods survey shows increased optimism in oil exploration

BY Luke GeiverWe canvassed opinion of 258 senior energy leaders and exploration professionals from across the global exploration sector, seeking opinion on a range of issues. READ MORE

May 07, 2019

STACK shale gains new gas gathering system

BY Howard Energy Partners Howard Energy Partners has announced that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the STACK play. READ MORE

May 06, 2019

In Depth: Meet the modern shale water company

BY Sponsored Content Hydrozonix, a Texas-based water specialist, has created a foothold in the Bakken and other basins by offering water consulting, technology and services that have been successful at treating more than 100 million barrels of water. READ MORE

May 06, 2019

IAOGP: We support increase of US LNG exports to Europe

BY International Association of Oil & Gas Producers The American Petroleum Institute and the International Association of Oil & Gas Producers released a position paper at the first EU-U.S. Energy Council Business-to-Business Energy Forum on encouraging U.S. LNG exports to the EU. READ MORE

May 06, 2019

In Depth: In Terms of the Bakken

BY North American Shale magazine staff The phrases, words and terms that reveal the evolution of the Bakken. From energy corridors to long-reach laterals, the Bakken shale play has fostered the growth and use of industry phrases that now define the U.S. These are the most important. READ MORE

April 30, 2019

Opinion: Focus of the Bakken Report

BY Luke GeiverThe 2019 Bakken Report, produced by our team at North American Shale magazine, is meant to reveal how the Bakken shale play has changed, or could evolve in the near-term future. READ MORE

April 30, 2019

Continental believes Bakken core is expanding

BY Staff Continental Resources has great news for shareholders focused on the exploration and production company's Bakken resources. In Q1, Continental completed three strategic step-out wells in North Dakota and Montana with impactful results. READ MORE

April 29, 2019

Hess, Oneok adding natural gas infrastructure in Bakken

BY Luke GeiverA pair of major natural gas handlers in the Bakken have announced expansion plans that could ease some of the takeaway and processing challenges present in the Williston Basin. READ MORE