Exploration & Production

September 21, 2017

In the Permian Basin, will geology or technology prevail?

BY Staff Wood Mackenzie recently issued a report examining whether growth in the Permian Basin is sustainable. Robert Clarke, the firm's research director for Lower 48 upstream, discussed how geology and technology factor into future production. READ MORE

September 18, 2017

One million barrels per day is Bakken shale's new normal

BY Patrick C. Miller North Dakota's crude production continued a slow but steady climb in July while gas production hit a new all-time record. Lynn Helms, director of the state's Department of Mineral Resources, believes it's the start of a long-term trend. READ MORE

September 18, 2017

IOG Capital investing $130 million in shale drilling programs

BY Patrick C. Miller Up to $130 million will be invested in three new shale development drilling programs in Texas and Oklahoma.Dallas-based IOG Capital will conduct the drill-ready programs through its newly formed affiliate, IOG Resources LLC. READ MORE

September 14, 2017

Is climate change making hurricanes worse?

BY Staff Hurricanes Harvey and Irma have sparked debate about the role of climate change in extreme weather events and raised questions about he use of fossil fuels. Randy Cerveny, a climatologist at Arizona State, answers questions on what science tells us. READ MORE

September 12, 2017

OPEC, EIA reports offer 2018 price, supply, demand insights

BY Staff New reports released this week from the Organization of Petroleum Exporting Countries and the U.S. Energy Information Administration provide oil pricing and supply forecasts through 2018 but offer little on the impact of Harvey or Irma. READ MORE

September 12, 2017

Bakken shale producer Whiting makes move to increase stock trends

BY Luke GeiverWhiting Petroleum Corp., a major Bakken and Niobrara oil and gas producer, is taking steps to increase the trading price of its common stock through a reverse stock split. The move could spur trading activity. READ MORE

September 12, 2017

Permian shale customer demand drives Dragon’s San Angelo purchase

BY Luke GeiverThe demand for surface production equipment has provided an opportunity for Beaumont, Texas-based Dragon to expand its offerings to the Permian Basin. READ MORE

September 12, 2017

Greene and Brigade Energy each find ways to expand shale services

BY Luke GeiverGreene Energy Group LLC and Brigade Energy Services LLC each announced plans this week that should help the shale energy service providers expand in North Dakota, Oklahoma and Texas. READ MORE

September 11, 2017

Reusing produced water becoming more economical in the Permian

BY Patrick C. Miller A new University of Texas at Austin research study suggests that the advantages of recycling produced water from fracking operations is becoming more economical in the Permian Basin as water requirements increase and more seismic earthquakes occur. READ MORE