Exploration & Production

November 14, 2017

OPEC releases 2017 view on world oil trends

BY Staff It's been 10 years since OPEC released its first World Oil Outlook. Earlier this month OPEC released its 2017 version, highlighting the realities that exist in the global oil industry. READ MORE

November 14, 2017

China signs deals with Alaska, West Virginia for shale gas

BY Luke GeiverChina's desire to utilize U.S.-based shale gas can now be clearly seen in Alaska and West Virginia. During his recent tour of Asian countries, President Donald Trump helped to connect Alaska and West Virginia with China Energy Investment Corp. READ MORE

November 14, 2017

Energy groups oppose proposed DOE grid resiliency rule

BY Patrick C. Miller Twelve energy organizations led by the Natural Gas Supply Association have submitted comments to FERC in opposition to DOE's proposed grid resiliency rule. They said the rule uses discriminatory pricing to support coal and nuclear power plants. READ MORE

November 14, 2017

IEA report: U.S. now world leader in oil, gas

BY Luke GeiverThe rise of U.S. to the top of the oil and gas export hierarchy will not be impacted by a rise in—or shift to—passenger transport via electric vehicle. READ MORE

November 14, 2017

Diamondback Energy continues to grow Permian production

BY Patrick C. Miller Diamondback Energy reported strong production results in the Permian Basin during the third quarter of 2017. CEO Travis Stice said the company has grown production more than 175 percent for the past 11 quarters while operating within its cash flow. READ MORE

November 14, 2017

Exports create bullish market for shale oil

BY Staff Are the recent upswings in U.S. crude exports the trend of the future or a momentary blip on the radar? Greg Haas, director of integrated energy for Stratas Advisors in Houston, believes global exports are a prime market for U.S. shale oil producers. READ MORE

November 14, 2017

Noble Energy divests from non-core DJ Basin acreage

BY Patrick C. Miller Noble Energy has signed an agreement to divest about 30,000 acres from its non-core acreage in Colorado's DJ Basin. The deal with SRC Energy is worth $608 million with production estimated at 4,100 barrels of oil equivalent per day. READ MORE

November 07, 2017

Multi-zone development drives Devon Energy in STACK, Delaware

BY Patrick C. Miller Devon Energy weathered the impacts of Hurricane Harvey and reports that for the third quarter of 2017, it remains on track to achieve its U.S. oil production target. Strong performance from 50 new wells in the STACK play and Delaware Basin was key. READ MORE

November 06, 2017

Consumer Energy Alliance launches education campaign

BY Patrick C. Miller The Consumer Energy Alliance has launched a national campaign aimed at educating the public and key decision-makers on the critical role energy plays in the everyday lives of Americans. It calls for bipartisan support in dealing with energy issues. READ MORE