Exploration & Production

2 hours ago

New completion designs, breakevens help Bakken break records

BY Luke GeiverA historic, decades-old oilfield in North Dakota is responsible for one of the highest barrel per day initial production rates ever recorded from a well on land in the U.S. The results have big implications for the Bakken and Three Forks shale plays. READ MORE

7 hours ago

Breakeven oil prices underscore shale’s impact on the market

BY Michael Plante, Kunal Patel The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years. The emergence of U.S. shale production seems to be playing a large role in anchoring long-term oil prices. READ MORE

7 hours ago

Red Wolf team back in shale after SCOOP/STACK acreage buy

BY Luke GeiverAfter forming in February, Red Wolf Natural Resources is back in the shale game. Drew Deaton and his team previously worked in developing shale assets in multiple plays including the DJ Basin and Anadarko Basin. READ MORE

May 20, 2019

ExxonMobil outlines Permian's operational impact on NM's economy

BY ExxonMobil The state government will receive an estimated $62 billion in net fiscal benefits, $44 billion of which will come from new leases and royalties, according to the research. About $8.5 billion will come from state oil-and-gas severance taxes. READ MORE

May 20, 2019

KKR forms partnership to acquire Williston Basin shale assets

BY KKR KKR, a leading global investment firm, and, Western Natural Resources LLC have announced a new partnership to acquire producing and undeveloped oil and gas assets in the Williston Basin. READ MORE

May 14, 2019

KKR backs former Wildhorse E&P execs in new Permian venture

BY Spur Energy Spur Energy Partners LLC and KKR, a leading global investment firm, today announced the formation of a partnership to acquire large, high-margin oil and gas production and development assets across the Permian. READ MORE

May 13, 2019

Woods survey shows increased optimism in oil exploration

BY Luke GeiverWe canvassed opinion of 258 senior energy leaders and exploration professionals from across the global exploration sector, seeking opinion on a range of issues. READ MORE

May 07, 2019

STACK shale gains new gas gathering system

BY Howard Energy Partners Howard Energy Partners has announced that it has executed an agreement with a major North American oil and gas producer to construct, own and operate a new natural gas gathering system located in the STACK play. READ MORE

May 06, 2019

In Depth: Meet the modern shale water company

BY Sponsored Content Hydrozonix, a Texas-based water specialist, has created a foothold in the Bakken and other basins by offering water consulting, technology and services that have been successful at treating more than 100 million barrels of water. READ MORE