http://www.worldoil.com WorldOil ExxonMobil acquires crude oil terminal to serve growing Permian production http://www.worldoil.com/news/2017/10/18/exxonmobil-acquires-crude-oil-terminal-to-serve-growing-permian-production ExxonMobil Corporation announced today that it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware basin, part of Permian basin, one of the most prolific plays in the U.S. Apache Corp. provides update on Alpine High http://www.worldoil.com/news/2017/10/18/apache-corp-provides-update-on-alpine-high Apache Corp. has announced steady progress at Alpine High since revealing the discovery last year. Pioneer announces 11% production increase from Spraberry/Wolfcamp http://www.worldoil.com/news/2017/10/18/pioneer-announces-11-production-increase-from-spraberrywolfcamp Pioneer Natural Resources Company has announced that production for the third quarter of 2017 was 276,000 boed, an increase of 17,000 boed, or 6% from the second quarter of 2017. Encana calls end to Permian land race as focus turns to output http://www.worldoil.com/news/2017/10/18/encana-calls-end-to-permian-land-race-as-focus-turns-to-output Encana Corp. CEO Doug Suttles says drillers in Texas’s prolific Permian basin can no longer impress investors with how much acreage they’re snapping up or how quickly they’re boosting production. VOICE responds to press conference on 2018 budget resolution, ANWR http://www.worldoil.com/news/2017/10/17/voice-responds-to-press-conference-on-2018-budget-resolution-anwr Voice of the Arctic Iñupiat (VOICE) is deeply disappointed by today’s joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil and gas exploration. Gardner Denver onshore drilling program poised for growth in the Rockies http://www.worldoil.com/news/2017/10/17/gardner-denver-onshore-drilling-program-poised-for-growth-in-the-rockies Gardner Denver Petroleum and Industrial Pumps (PandIP), the only total solutions provider to the drilling, well servicing and frac pumps market, has announced a significant sale of PXL2000HP drilling pumps to an industry-leading contract driller located in the Rocky Mountain region. U.S. shale producers applying DNA sequencing to improve reservoir economics http://www.worldoil.com/news/2017/10/17/us-shale-producers-applying-dna-sequencing-to-improve-reservoir-economics DNA sequencing has been deployed by a majority of the top 20 U.S. shale producers to improve reservoir economics by quantifying hydrocarbon fluid movement. Highlands Natural Resources reports completion of hydraulic fracturing at East Denver http://www.worldoil.com/news/2017/10/16/highlands-natural-resources-reports-completion-of-hydraulic-fracturing-at-east-denver Highlands Natural Resources, the London-listed natural resources company, is pleased to announce that it has successfully completed hydraulic fracturing operations, and is now preparing both the Wildhorse and Powell wells for flowback and production of oil and gas at its East Denver Niobrara Project in Colorado. IPAA: Producers are committed to being smart, responsible stewards of federal lands http://www.worldoil.com/news/2017/10/13/ipaa-producers-are-committed-to-being-smart-responsible-stewards-of-federal-lands Independent Petroleum Association of America (IPAA) Senior V.P. of Government Relations and Political Affairs Dan Naatz testified today at a legislative hearing before the U.S. House Natural Resources Subcommittee on Energy and Mineral Resources on the important role U.S. independent oil and natural gas producers play in the safe, responsible development of federal onshore resources to grow America’s economy, create well-paying jobs, and strengthen the nation’s energy security. EIA: Permian basin to drive fourth-quarter U.S crude production increases http://www.worldoil.com/news/2017/10/13/eia-permian-basin-to-drive-fourth-quarter-us-crude-production-increases In its Short-Term Energy Outlook (STEO) update released this week, EIA forecasts that U.S crude oil production will average 9.4 MMbpd in the second half of 2017, 340,000 bpd more than in the first half of 2017.