Exploration & Production

July 17, 2018

Stable and steady makes the Bakken attractive to investors

BY Patrick C. Miller The era of 'Permania' has ended, says Pablo Prudencio, a Wood Mackenzie research analyst. Although the Permian remains the crown jewel of U.S. shale plays, the more stable economics of the Bakken might yet prove to be a better long-term investment. READ MORE

July 17, 2018

Industry demonstrates commitment to stoping pipeline leaks

BY Patrick C. Miller Bakken Conference & Expo attendees learned on Tuesday how Oasis Petroleum is using technology and training to boost its position as a major Bakken producer and how it's become a leader in industry efforts to prevent pipeline spills. READ MORE

July 17, 2018

Medallion launches open season of crude pipeleine expansion

BY Medallion Pipeline Co. LLC Medallion Pipeline Co. LLC of Irving, Texas, has announced a binding open season to solicit long-term, firm shipper commitments for a major expansion of its crude oil pipeline system in the Midland Basin. READ MORE

Is it boom time again? Bakken Conference speakers offer insight

BY Patrick C. Miller From historic trends to future forecasts, speakers at the fourth annual Bakken Conference & Expo in Watford City, North Dakota, offered their insights on data analysis and key technologies impacting the shale oil and gas industry. READ MORE

July 16, 2018

North Dakota sets new oil and gas production records in May

BY Patrick C. Miller During the month of May, North Dakota set new production records for oil and gas. However, the increased gas production resulted in more flaring and producers missing the North Dakota Industrial Commission's goals for gas capture. READ MORE

July 10, 2018

China’s new air quality plan could increase LNG imports

BY Staff China's new "blue sky" action plan to significantly reduce air pollution in the country has broad implications for the energy industry, commodity prices and the economy. Prakash Sharma, Wood Mackenzie's expert on China, shared his insights. READ MORE

July 10, 2018

Noble Energy adds takeway capacity to Delaware Basin production

BY Patrick C. Miller Noble Energy of Houston has added a sales agreement to increases its takeaway capacity in the Delaware Basin, which also provides access to the port of Corpus Christi. The agreement provides 5,000 bpd of capacity, increasing to 10,000 bpd in October. READ MORE

July 09, 2018

Venado Oil, KKR acquire more Eagle Ford shale assets

BY Patrick C. Miller Venado Oil and Gas and its investment firm partner KKR have made their third Eagle Ford acquisition in the past 18 months. Venado Oil will operated 22 wells on 23,000 net acres acquired adjacent to its existing assets. READ MORE

July 09, 2018

Ascent Resources acquires $1.5 billion in Utica shale properties

BY Patrick C. Miller Ascent Resources has strengthened its position as a Utica shale pure play operator with the $1.5 billion acquisition of properties from Hess Corp., CNX Resources, Utica Minerals Development and a fourth undisclosed seller. READ MORE