Exploration & Production

November 13, 2018

Natural gas report: producers scurry to satisfy demand

BY Staff The natural gas production and logistics industry is set to surge because of renewable power generation demand across the globe. The growth will also happen, despite recent trade disputes, according to a new report by Black & Veatch. READ MORE

November 13, 2018

After buying Pioneer's pumping assets, ProPetro No. 1 in Permian

BY ProPetro Holding Corp. The combination of ProPetro and Pioneer Pumping Services will result in the largest and most efficient pressure pumping provider in the Permian Basin. READ MORE

November 12, 2018

Marathon's multi-shale focus creates Q3 earnings performance

BY Luke GeiverMarathon Oil Corp.'s success as a multi-basin shale oil and gas producer has helped the exploration and production company generate more than $630 million in free cash flow in 2018. READ MORE

November 12, 2018

Smart Sand’s Bakken ops drive Q3 growth, share repurchase

BY Luke GeiverFrack sand demand from clients in the Bakken has helped propel Smart Sand Inc. to another strong quarter. The Texas-based sand supplier reported a 97 percent increase at its Van Hook, North Dakota, sand operation. READ MORE

November 07, 2018

Special purpose acquisition Co. buys into Bakken for $1.7B

BY Luke GeiverA SPAC has entered the Williston Basin. Vantage Acquisition Operating Company LLC, a special purpose acquisition company formed by former exploration and production executives, has acquired the Williston Basin assets of QEP Resources. READ MORE

November 06, 2018

Advanced Bakken completions, cost-control has Whiting inspired

BY Luke GeiverIn most cases, Whiting’s new advanced completion techniques have increased production in wells by 83 percent. Whiting has retooled its completion strategy four times starting in 2010 with generation one. READ MORE

November 06, 2018

Axis forms to bring new tech, advanced completions to shale

BY Axis Energy Services For too long, E&P companies in the U.S. have had two choices for completions. They could use coiled tubing with reliability issues in longer laterals, or stick pipe requiring too many companies on site, often without the right equipment or crews. READ MORE

November 05, 2018

Encana, Newfield merge to create No. 2 unconventional producer

BY Luke GeiverEncana has become the second largest unconventional oil producer in North America with its all-stock merger with Newfield Exploration. Following the completion of the deal in early 2019, Encana intends to raise its dividends to shareholders. READ MORE

October 31, 2018

Delaware Basin operator turns to flex turbine to power well ops

BY Flex Leasing Power And Service In this case, the operator’s aggressive field development plan outstripped the local utility’s ability to provide adequate electric power. The original development plan assumed utility power would be available. READ MORE

October 31, 2018

Before going public, USWS signs new electric frack fleet deals

BY Luke GeiverU.S. Well Services has expanded from West Texas to South Texas with its unique frack fleet offering. The Houston-based firm announced this week it will work with an operator in the Eagle Ford. READ MORE

October 30, 2018

Continental details breakout year in Bakken, SCOOP/STACK

BY Luke GeiverContinental Resources hit an all-time quarterly Bakken production total and all indications for the remainder of the year show the Oklahoma City-based E&P will end the year strong. READ MORE

October 30, 2018

BHGE believes 2019 rig, well counts will grow

BY Luke GeiverBaker Hughes, a GE Company now in its second year under the GE name, believes the 2019 oil and gas market will continue on its growth path, including onshore and offshore markets. READ MORE

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