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June 19, 2018
Already a leading shale oil producer in the Permian Basin, Occidental Petroleum Corp. has announced plans to study new ways to get more oil out of the ground through a CO2 enhanced oil recovery project with a Texas ethanol producer. READ MORE
June 19, 2018
Canadian producers Baytex Energy and Raging River Exploration have agreed to merge, forming a company valued at $5 billion. The combined company has a dominant acreage position in Canada's East Duvernay shale play and also operates in the Eagle Ford. READ MORE
June 18, 2018
Pioneer Natural Resources Co. is selling its Raton Basin assets in Colorado to Evergreen Natural Resources for $79 million. In February, Pioneer announced plans to sell its Colorado and Eagle Ford assets to become a Permian pure play operator. READ MORE
June 18, 2018
ExxonMobil, Royal Dutch Shell and Chevron, the three most active supermajor oil and gas companies in the Permian, will need to invest $30 billion in the play by 2020 to meet their production goals, according to a new report from IHS Markit. READ MORE
June 18, 2018
FROM ISSUE FOUR: For modern-day energy service providers competing for the biggest clients in the hottest plays, the push for the next best thing is a constant—and a requirement READ MORE
June 18, 2018
Emerging from the downturn, optimism from Bakken-industry players highlights why most see the play as another opportunity waiting to happen. READ MORE
June 18, 2018
As talk of midstream infrastructure and takeaway constraints continue in the Permian Basin, announcements of midstream project completions continue. READ MORE
June 12, 2018
After entering the Permian in early 2018, Calgary-based drilling company AKITA has made a major move to expand in the U.S. shale play. Through an agreement with Xtreme Drilling Corp., AKITA will shift focus to the U.S. READ MORE
June 12, 2018
A new study by Wood Mackenzie sheds light on the question of whether the cost of handling produced water in the Permian Basin could affect the economics of the play. Ryan Duman, principal analyst for the firm, answers questions about the report. READ MORE
June 12, 2018
The monthly LinkedIn Workforce Report for June shows that rising oil prices are increasing hiring in the oil and gas industry, particularly in Texas cities reliant on the energy industry. New hires in oil and gas have outpaced the national average. READ MORE
June 11, 2018
Ursa Space Systems is partnering with S&P Global Platts to use satellite radar imagery for monitoring oil storage globally. The imagery will provide data on oil terminals and refineries around the world to help users make informed decisions. READ MORE
June 11, 2018
Meridian Energy Group, which soon expects a permit to build a new refinery near Belfield, North Dakota, has signed a letter of intent with Target Lodging to provide workforce housing for the project. Meridian called the move a "preparatory step." READ MORE
June 11, 2018
Alpine Silica will build two new 3-million-ton-per-year frack sand plants in Texas and Oklahoma, adding to its current facility serving the Permian Basin. The plants at Fay, Oklahoma, and Van Horn, Texas, should be completed in 2019. READ MORE
June 11, 2018
The largest owner of specialized transportation and logistics offerings in North America has just bolstered its oil rig and energy structure moving capabilities. Daseke Inc. has acquired Aveda Transportation and Energy Services. READ MORE
June 11, 2018
Based in The Woodlands, Texas, Evolution utilizes custom designed electric equipment and technical expertise to deploy and operate 100 percent electrically powered pressure pumping fleets to stimulate production within its clients’ wells. READ MORE
June 05, 2018
An agreement between Matador Resources Co. and an affiliate of Kinder Morgan Inc. will enable the company to transport natural gas from the Permian Basin to near the Texas Gulf Coast beginning in October 2019 via the Gulf Coast Express Pipeline. READ MORE
June 05, 2018
The Trump administration's plan to place tariffs on imports of aluminum and steel from Canada, Mexico and the European Union was criticized by the American Petroleum Institute, which said the action interferes with goal of energy dominance. READ MORE
June 04, 2018
According to a recent study published by the Texas Independent Producers & Royalty Owners Association, the Texas oil and gas industry is experiencing renewed growth, but challenges remain. READ MORE
June 04, 2018
At $32 per barrel of oil, Baytex Energy Corp. this quarter has reported its strongest production netback in the Eagle Ford since 2014. For comparison, the Canadian exploration and production company is earning $8/b in Canada. READ MORE
June 04, 2018
On June 23, OSHA's Silica Rule becomes fully enforceable. By this date, wellsite employers will need to have implemented a total dust control solution to combat the hazards associated with dust exposure. READ MORE
June 04, 2018
Callon Petroleum Co. believes in its current acreage and has taken a $570 million step to expand it. Through a pending acquisition with Cimarex Energy Co., the Mississippi-based exploration and production company is expanding in the Delaware. READ MORE
May 29, 2018
Opportunities to export Bakken crude to overseas markets will continue to improve, but there are challenges ahead, according to Brady Cook, senior vice president of oil and trading with Koch Industries Inc. READ MORE
May 29, 2018
EcoStim Energy Solutions Inc. is pushing all of its U.S. horsepower and equipment to the STACK shale play in Oklahoma. The move will create what the company is calling a super fleet. READ MORE
May 29, 2018
The EIA expects U.S. oil and gas production to hit record levels in 2018, but this will also put downward pressure on prices. Agency administrator Linda Capuano discussed oil and gas trends during the recent Williston Basin Petroleum Conference. READ MORE
May 29, 2018
The Solaris team is expanding from frack sand into water. The Texas-based company that has built a unique frack sand handling, storage and tracking system for Permian producers, has made its first major move into water in the Delaware Basin. READ MORE
May 29, 2018
Black Mountain Sand, a Texas-based in-basin frack sand provider, has announced its expansion into the Eagle Ford Shale with the acquisition of 2,300 acres in Atascosa County. READ MORE
May 29, 2018
In the Duvernay and Montney formations, the SPM QEM 3000 pump operated 16 to18 hours per day in temperatures averaging 20 to 23 degrees Fahrenheit at a frac pressure of 10,500 to 13,000 psi, average rod load of 206,250 to 233,750 psi. READ MORE
May 22, 2018
North Dakota is enhancing its ability to monitor and maintain existing and new crude and gas pipeline infrastructure. The state is funding a pipeline monitoring project that will include major operators, midstream firms and technology providers. READ MORE
May 22, 2018
OPEC released its world oil report for May, noting the transformation in U.S. tight oil production over the past five years.Compared to last year, the U.S. shale industry has seen a 42 percent increase in investment. READ MORE
May 22, 2018
Preferred Sands was one of the first to file permits for a sand mine to serve the prolific SCOOP, STACK and other Midcontinent formations, further positioning the company as a first-mover toward in-basin sand. READ MORE
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