BY Texas Independent Producers & Royalty Owners Association 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
BY Luke GeiverAt $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
BY Luke GeiverCallon 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
BY Patrick C. Miller 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
BY Luke GeiverEcoStim 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
BY Patrick C. Miller 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
BY Black Mountain Sand 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
BY Staff 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
BY Patrick C. Miller When it comes to technology investments that reduce greenhouse gas emissions in the U.S., a new study from API shows that the oil and gas industry is at the top of the list. The study compares how the industry stacks up against other entities. READ MORE