WorldOil Halcón Resources sells remaining Williston basin assets for $104 millionón-resources-sells-remaining-williston-basin-assets-for-104-million Halcón Resources Corporation has announced it has entered into an agreement to sell its remaining non-operated assets in the Williston basin to a private company for approximately $104 million in cash, subject to customary closing conditions and adjustments. BNK Petroleum commences Brock 9-2H well fracture stimulation in Oklahoma BNK Petroleum Inc. has announced that fracture stimulation completion operations on the previously drilled Brock 9-2H well have commenced. Resolute Energy turns to Delaware basin for stronger balance sheet Resolute Energy Corporation has announced that it has entered into a definitive agreement to sell its subsidiary, which holds interests in Aneth field in the Paradox basin of Southeastern Utah for total potential consideration of $195 million to an affiliate of Elk Petroleum Limited. Hunting, ExxonMobil move to next phase of Autonomous Project for field testing Hunting’s Titan Division and ExxonMobil Upstream Research Co. entered into a joint agreement in 2015 to develop autonomous tool technology that creates a revolutionary step change in well completion and PandA. After meeting several development milestones, Hunting and ExxonMobil Upstream Research Co. announced that field trials for the autonomous tools will begin in late 2018. Hedge funds bet on fuels over crude as storm trade persists Since the storm battered the heart of America’s refining industry last month, bets on rising gasoline and diesel prices have surged for three straight weeks to the most bullish in years. But when it comes to West Texas Intermediate crude, skepticism is prevailing. Cheniere's Sabine Pass to "push the limits" after Gulf Coast flooding Two weeks after Hurricane Harvey flooded the U.S. Gulf Coast, brought shipping to a halt and knocked out power to millions, the only company sending U.S. shale gas overseas is back in business. EIA: Natural gas spot prices at Henry Hub decrease in days following Hurricane Harvey In the days following Hurricane Harvey’s landfall on the Texas Gulf Coast as a Category 4 storm on Friday, Aug. 25, 2017, prices at the Henry Hub in Louisiana—generally considered the U.S. price—actually decreased. Oil heads for best week since July as demand forecasts improve Oil was on track to post its biggest weekly gain since late July as Texas refineries recovering from Hurricane Harvey processed more crude and global demand forecasts brightened. Perry highlights need for U.S. oil reserve in rebuke of Trump's plan to sell Hurricanes Harvey and Irma demonstrate the importance of keeping the U.S. Strategic Petroleum Reserve, Energy Secretary Rick Perry said, in a not-so-subtle rebuke to President Donald Trump. Devon Energy restores production to pre-Harvey levels Devon Energy Corp. has reported that it has restored production to pre-storm levels across its U.S. operations following Hurricane Harvey.