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Aug 2013

Aug 2013

  • Approach Resources exemplifies Wolfcamp exploitation in West Texas

    DENVER -- Perhaps the most exciting, emerging play within the Permian basin of West Texas is the Wolfcamp shale. While there is a tendency to believe that such a play is the domain of large independents and majors, there is also ample room for medium-sized independents to exploit the formation. The personification of this may very well be Fort Worth, Texas-based Approach Resources Inc. The firm, said its president and CEO, Ross Craft, holds about 170,000 gross acres in the Midland basin of the greater Permian basin and is running three horizontal rigs, with plans to go to four rigs. Craft’s comments were made on Tuesday morning, during a URTeC panel group entitled, “Nimble Independents: Moving the Needle with Innovation and Execution Excellence.”

    Drilling and Completions, Onshore, Shale Read More

May 2013

May 2013

May 2013

May 2013

  • Aquatech acquires Fluid Recovery Services in Marcellus and Utica shale regions

    CANONSBURG,-- Aquatech, has announced the acquisition of Fluid Recovery Services. Based in Creekside, PA, FRS operates a network of central, satellite and mobile facilities which deliver water management services. In addition to treatment, FRS offers numerous water management service options such as storage, transport services (rail and truck), and disposal (non-return) across the state.

    Industry Overview, Shale, North America Read More

Apr 2013

  • Americas Petrogas makes Argentina discovery

    CALGARY -- Canadian energy company, Americas Petrogas, announced it made a shale natural gas discovery onshore in the Vaca Muerta play in Argentina.
    The company said it discovered natural gas by hydraulically fracturing the Los Toldos I block in the Vaca Muerta shale formation. It said it was able to produce as much as 3.2 Mcf of natural gas during initial production tests.

    Exploration, Drilling and Completions, Production, Onshore, Shale, South America Read More

Mar 2013

  • Anadarko reaches $860 mn carried interest deal on Heidelberg

    Anadarko reaches $860 mn carried interest deal on Heidelberg BY BEN FOX RUBIN TEXAS Anadarko Petroleum agreed to enter into a carried interest arrangement with an undisclosed party for a portion of its ownership in the Heidelberg development in the

    Exploration, Production, Offshore, Shale, North America Read More

Feb 2013

  • Apache 4Q net fell 44% on writedowns, lower prices

    Apache 4Q Net Fell 44% on writedowns, lower prices BY ALISON SIDER   HOUSTON  Apache Corp said it plans to trim its portfolio with $2 bn in asset sales this year, bringing an end to a three year buying spree

    Production, Onshore, Shale, North America Read More

Feb 2013

  • Aquatech awarded permit to operate central water treatment facility

    Aquatech awarded permit to operate central water treatment facility

    CANONSBURG -- Aquatech, a company specializing in wastewater treatment recycle and reuse, has been granted a permit to operate a central treatment facility in Tioga County, PA. The facility, designed using Aquatech's MoSuite set of technologies, will deliver a menu of wastewater treatment and recycle services to the regional shale gas producers and is accepting customer orders.

    Industry Overview, Onshore, Shale, North America Read More

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