Exploration & Production

October 29, 2018

Denbury buys $1.7B Eagle Ford assets for future EOR work

BY Luke GeiverThe possibility of enhanced oil recovery operations in the Eagle Ford is worth $1.7 billion to Denbury Resources. The Texas-based exploration and production company and EOR specialist is buying Penn Virginia Corp.'s assets. READ MORE

October 29, 2018

Schlumberger Q3 update shows growth areas, issues ahead

BY Luke GeiverSchlumberger, the largest oilfield services company in the world, continues to report growth across its North American shale markets but the impact of infrastructure constraints remains a hurdle. READ MORE

October 29, 2018

Upstream research shows 20 percent investment increase needed

BY Wood Mackenzie Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20 percent to meet future demand growth and ensure companies sustain production next decade. READ MORE

October 25, 2018

After 2017 shale focus, Oracle sets 2019 Eagle Ford plans

BY Luke GeiverOracle Oil and Gas LLC is bringing in a team of experienced conventional and unconventional petroleum engineers to design the independent's 2019 Eagle Ford wells. Blade Energy Partners will do the work. READ MORE

October 23, 2018

Blackstone buys shale drill bit firm that grew through downturn

BY Luke GeiverBlackstone Energy Partners has announced that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies from affiliates of American Securities, READ MORE

October 23, 2018

H2O Midstream expands its Permian water client network

BY Luke GeiverH2O Midstream has secured a major client in the Midland Basin. Through an agreement with Legacy Reserves Inc., H2O will now gather, dispose and redeliver for reuse produced water from several horizontal wells operated by Legacy. READ MORE

October 23, 2018

Bakken operators could get another boost with pipeline expansions

BY Luke GeiverBakken operators are getting a new opportunity to ship crude to the U.S. Gulf Coast. Energy Transfer LP has announced a call for shipper commitments for additional takeaway capacity on its Bakken Pipeline System. READ MORE

October 23, 2018

SatScout uses satellite imagery to reveal Permian frack trends

BY Luke GeiverNew research gathered through daily satellite imagery reveals the impact infrastructure bottlenecks and differentials are having on frack crew count numbers and well completions in the Permian basin. READ MORE

October 17, 2018

ADL: For ambitious growth, Permian independents must change

BY Luke GeiverA U.K.-based consultancy believes the Permian can undergo massive production growth if operators make major changes. Arthur D. Little has released new analysis of the Permian explaining what must change in the future. READ MORE

October 16, 2018

Big D expands oilfield services for Permian demand

BY The Big D Companies The Big D Companies have further expanded their range of oilfield services to include automated monitoring systems through the acquisition of Remote Monitoring Systems LLC. READ MORE

October 15, 2018

New reports show billion-dollar impact of oil, gas on TX, CO

BY Luke GeiverRecord oil and gas production throughout the Texas shale plays in the Eagle Ford and Permian areas has helped commercial and industrial users save more that $60 billion between 2006 and 2016. Numbers in Colorado are also in the billions. READ MORE

October 10, 2018

Vista to build in-basin sand mine for SCOOP/STACK

BY Vista Proppants and Logistics Vista Proppants and Logistics LLC has announced the development of 1 to 1.5 million tons per year frack sand mine northeast of Fay, Oklahoma, to serve customers primarily operating in the Mid-Continent. READ MORE

October 05, 2018

Q3 data shows shale industry hot as ever

BY Staff New data from Austin-based software-as-a-service and data analytics firm Drillinginfo shows that interest by investors and companies to partake in the shale industry is as hot as ever. READ MORE

October 05, 2018

LongPoint Minerals raises another $840M to buy oil, gas minerals

BY LongPoint Minerals II LongPoint II will continue to acquire high-growth, long-life mineral interests in the top U.S. resource plays, primarily focusing on acquiring assets in the SCOOP/STACK/Merge play in the eastern Anadarko Basin and the Midland and Delaware Basins. READ MORE

October 05, 2018

To meet demand for shale well cement, idled WV site restored

BY Luke GeiverA multi-million-dollar shale gas-linked modernization project has helped restore a West Virginia cement facility inactive for 10 years. LafargeHolcim, a global entity that provides cement and other materials, has brought back the site for shale gas. READ MORE

October 03, 2018

Calgary energy service now eyeing Powder River, Permian, Bakken

BY Luke GeiverA Calgary-based oil technology and pump provider is making plans to expand in the Powder River, Permian and Williston Basins. Divergent Energy Services provided an operational outlook this week detailing its vision. READ MORE

October 03, 2018

Bakken export opportunities create new waterborne price

BY Luke GeiverBakken crude has drawn the interest of oil marketers following the crude export expansions happening along the U.S. Gulf Coast. Argus Media, a London-based commodity trading expert that produces price assessments, has a new Bakken product. READ MORE

October 01, 2018

Former Western Refining execs create Delaware Basin E&P in NM

BY Luke GeiverPartaking in the historic New Mexico Bureau of Land Management lease sale for acres located in the heart of the Delaware Basin has helped create Franklin Mountain Energy, an El Paso, Texas-based exploration and production firm. READ MORE

October 01, 2018

DJR positioned to dominate San Juan shale after Encana asset buy

BY Luke GeiverDenver-based DJR Energy LLC believes it is poised to become a dominant operator in the San Juan Basin of northern New Mexico. In a deal valued at $480 million, DJR has acquired roughly 182,000 net acres in the San Juan from Calgary-based Encana Corp. READ MORE

October 01, 2018

Q&A: Addressing Permian Basin need for infrastructure investment

BY Luke GeiverAs the pipeline bottleneck continues in the Permian, the infrastructure situation in West Texas is rapidly becoming a global economic concern.We spoke with Ronnie Witherspoon of Aveda Transportation, a Daeske company, about Permian conditions. READ MORE

October 01, 2018

Haynesville shale in-basin frack sand mine announced

BY Luke GeiverGen6 Proppants is moving in on the top ten Haynesville shale energy producers. With its recently announced frack sand mine in the Red River Parish of Northern Louisiana, the Houston-based frack sand producer will be in the Haynesville. READ MORE

September 24, 2018

CME launches new Houston-based WTI futures contract

BY Luke GeiverCME Group and Enterprise Product Partners LP are bringing greater transparency to the pricing and risk associated with West Texas Intermediate crude sourced from the Permian. READ MORE

September 24, 2018

OPEC: US shale oil plays major role until 2027

BY Luke GeiverTight oil produced from the U.S. will drive non-OPEC oil supply increases expected until 2027. In the next 8 years, OPEC expects non-OPEC supply to increase by 9 million barrels per day. READ MORE

September 20, 2018

BLM revises rule to reduce flaring on federal lands

BY Patrick C. Miller The Bureau of Land Management is backtracking on an Obama administration rule issued in 2016 intended to reduce gas venting and flaring on federal lands. A revised final rule has been issued in line with Trump administration energy policies. READ MORE

September 19, 2018

Shale gas saves West Virginians $4.3 billion in energy costs

BY Staff West Virginia residents and businesses have saved $4.3 billion in energy costs over the past 10 years as a result of oil and gas development in the Marcellus and Utica shale formations, according to a new report from the Consumer Energy Alliance. READ MORE

September 18, 2018

Matador partakes in historic NM Delaware basin acreage buy

BY Luke GeiverMatador Resources invested $387 million for 8,400 gross acres,or $46,000 per acre, in the New Mexico Counties of Lea and Eddy. Both counties are situated in the prolific Delaware Basin. READ MORE

September 18, 2018

North Dakota to study gas storage as a flaring remedy

BY Patrick C. Miller With North Dakota's oil and gas production reaching all-time highs and gas capture goals not being met, the state will study the potential of temporarily storing produced gas in geologic formations until infrastructure can catch up. READ MORE

September 17, 2018

Q&A: How new shale gas standard system could impact industry

BY Staff Independent Energy Standards has created a new system for differentiating shale gas production streams. Through it’s trademarked TrustWell Responsible Gas Program, IES is able to utilize data, analytics and other information sources for ratings. READ MORE

September 13, 2018

EIA: U.S. surpasses Russia, Saudi Arabia as top oil producer

BY Patrick C. Miller The U.S. has surpassed Russia and Saudi Arabia as the world's top oil producer, according to preliminary estimates from the Energy Information Administration. U.S. crude production exceeds Saudi Arabia's for the first time in more than 20 years. READ MORE

September 12, 2018

Upgraded water treatment tech gives operators multiple options

BY Patrick C. Miller Water Standard and its subsidiary Monarch Separators have upgraded their H2O Solutions technology platform specifically for unconventional oil and gas operations. It provides multiple options for produced- and flowback-water treatment. READ MORE