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April 22, 2018

STACK-focused operator partners on new shale drilling plan

BY Canyon Creek Energy Canyon Creek Energy-Arkoma LLC has entered into a joint development agreement with Pivotal Petroleum Partners II LP to jointly fund the development of wells on CCEA's acreage in the STACK shale play of Oklahoma. READ MORE

April 22, 2018

Ward Energy Partners sells DJ Basin assets

BY Ward Energy Partners Ward Energy Partners LLC has sold assets located in Adams and Weld Counties in Colorado to an undisclosed buyer. The assets are prospective for the Codell and Niobrara reservoirs in the Denver-Julesburg basin in Colorado. READ MORE

April 22, 2018

Schlumberger optimistic in Q1 outlook on rebalanced oil market

BY Luke GeiverThe global oil market is back in balance, according to the world's largest oilfield services company Schlumberger. The lack of global stock builds and continued Russia, OPEC production cuts have the market in balance. READ MORE

April 17, 2018

Are better times ahead for oilfield services?

BY Patrick C. Miller Higher than expected oil prices early in 2018 is good news for the U.S. oilfield services and equipment sector. A new report from McKinsey Energy Insights cautions that margins remain under pressure even as efficiencies continue to improve. READ MORE

April 17, 2018

Trinidad Drilling changes plan to move rigs from Saudi Arabia

BY Patrick C. Miller Three drilling rigs that Trinidad Drilling had planned to move from Saudi Arabia to the Permian Basin will instead be sold. The Canadian company will sell the rigs for $30 million each and upgrade three other rigs for use in the Permian. READ MORE

April 16, 2018

Outrigger Energy II plans new DJ Basin midstream system

BY Luke GeiverDenver-based midstream services and development team Outrigger Energy is back in the shale game. The company, now operating as Outrigger Energy II announced plans to develop a tri-stream midstream system in the DJ Basin. READ MORE

April 16, 2018

TOTAL, Houston fluids provider partner to expand shale offerings

BY Atlas Oil Co, TOTAL Atlas Oil Co. is now a TOTAL Specialties USA Inc. authorized lubricants distributor, cementing Atlas' vision of a single-source service model of premium lubricants and bulk fuel supply for its customers in shale. READ MORE

April 16, 2018

Frack sand facilities will serve Haynesville shale customers

BY Patrick C. Miller Two Performance Proppants facilities in Louisiana will be capable of producing 4.5 million tons of frack sand a year to serve the Haynesville shale play. The company has begun construction of a plant at River Ridge to complement its Hat Creek plant. READ MORE

April 16, 2018

Diamondback, Viper report first quarter production increases

BY Patrick C. Miller Texas-based Diamondback Energy and its subsidiary Viper Energy Partners both reported production increases from their assets in the Permian Basin during the first quarter of 2018. Diamondback's average price per barrel was nearly $62 for the quarter. READ MORE

April 10, 2018

Platts analyst explains these trends in the shale rig count

BY Luke GeiverThe U.S. rig count was up two percent in March compared to February and 22 percent when compared to March of last year, according to data released by S&P Global Platts Analytics. READ MORE

April 10, 2018

In Depth: Drilling at the Sharp End

BY Patrick C. MillerFROM ISSUE 2: Born in the shale oil fields of Canada and the U.S., Ulterra Drilling Technologies emerged from the latest oil downturn stronger than ever. The Fort Worth firm is now a prime source of where drilling efficiencies come from READ MORE

April 07, 2018

Buckeye, Trafigura bring Suezmax tanker to U.S. shale oil port

BY Luke GeiverA Suezmax class vessel capable of shipping 1 million barrels of crude oil can now load along the ship channel in the Port of Corpus Christi. Buckeye Partners LP and Trafigura Trading LLC will ship crude from the Permian or Eagle Ford in the tankers. READ MORE

April 07, 2018

Oil transport firm buys rival CET to expand in Bakken, Permian

BY Rocky Mountain Crude Oil LLC Rocky Mountain Crude Oil LLC has announced that it has acquired all of the membership interests of Concord Energy Transportation LLC and has assumed full operational control of CET's business. The move expands RMCO in the Bakken and Permian. READ MORE

April 07, 2018

Southern Stim brings longer lasting frack pumps to market

BY Luke GeiverWhen Southern Stimulation Technologies formed in 2017, co-founder Chad Hawkins said the company wanted to provide the pressure pumping industry with higher pressure, longer lasting pumps. READ MORE

April 05, 2018

In Depth: The Limit to Shale's Growth

BY Luke GeiverFROM ISSUE 2: Energy analysts and economists believe that, despite a new investor mindset, shale production is primed for progress READ MORE

April 03, 2018

Opinion: A Bit Of Shale Efficiency

BY Luke GeiverFROM ISSUE 2 READ MORE

April 02, 2018

Concho, RSPP agree to form largest shale producer in Permian

BY Luke GeiverWith the Permian Basin moving into a more intense development phase, Tim Leach, CEO of Concho Resources Inc., believes now is the time to pursue massive operating scale. In a deal valued at $9.5 billion, Concho created the largest of all. READ MORE

April 02, 2018

Oak Ridge National Lab probes the secrets of shale

BY Staff Scientists at DOE's Oak Ridge National Laboratory are studying the characteristics of and interactions within shale formations to improve the efficiency of oil and gas extraction. They discussed their work with North American Shale Magazine. READ MORE

April 02, 2018

Materion releases downhole tech proven in Bakken, Permian

BY Materion Corp. This new coupling uses the same ToughMet alloy that has been proven to increase run times and production when used for sucker rod couplings in deviated wells in the Bakken, Permian and other shale plays. READ MORE

April 02, 2018

Survey data reveals most expensive night’s stay in Texas: Odessa

BY Staff A city at the heart of the world's hottest, most active shale oil and gas play boasts the most expensive average hotel costs of any in Texas. A hotel in Odessa, Texas, costs $186 on average, according to the survey. READ MORE

April 02, 2018

SM Energy closes Powder River assets sale, provides update

BY Patrick C. Miller SM Energy Co. of Denver has completed the sale of most of its Powder River Basin assets to Northwoods Operating for $500 million. The company also reported spending $350 million to complete 23 wells in the Permian and Eagle Ford basins. READ MORE

April 02, 2018

U.S. shale producers choose to optimize portfolios in 2018

BY Patrick C. MillerSo far in 2018 some major U.S. shale producers are looking to optimize their portfolios by focusing on acreage transactions, according to Rystad Energy, an energy consulting firm based in Norway. Capital expenditures are also trending upward. READ MORE

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