North America ///

Halcón 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 P&A. 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.

SM Energy reports effects of Hurricane Harvey

SM Energy Company has announced updated information regarding the effects of Hurricane Harvey on the Company's operations.

Water set to join oil, gas as key commodity for pipeline companies

The torrent of dirty water coming out of almost every American oil well is the next big bet for a former fund manager for billionaire Paul Allen.

API Pennsylvania responds to proposed ban on hydraulic fracturing in the Marcellus

API Pennsylvania (API-PA) responded to the Delaware River Basin Commission’s (DRBC) proposal to ban hydraulic fracturing in the region.

Pantheon Resources provides operational update following East Texas flooding

Pantheon Resources, the AIM-quoted oil and gas exploration company with a working interest in several conventional projects in Tyler and Polk Counties, onshore East Texas, provides the following update following the recent extreme weather in Texas, caused by tropical storm Harvey.

Canada gas set to strike back against U.S. shale as glut eases

Canadian natural gas, locked in a fierce battle for market share with U.S. shale, may stage a modest recovery as output from some longtime producers wanes and pipeline maintenance ends.

Abrado’s chemical system saves rig time with single-trip deepwater fluid displacement in GOM

Abrado announced today that it has completed another successful single-trip deepwater displacement for a major operator in the Gulf of Mexico using its proprietary VeriClean 200X chemical system.

LAGCOE 2017: Connect, explore and discover energy moving forward

Emily Querubin, World Oil

Because Louisiana is home to thousands of energy companies, and is often considered America’s foremost energy hub, the Louisiana Gulf Coast Oil Exposition (LAGCOE) once again will be held at the Cajundome & Convention Center in Lafayette, La., during Oct. 24-26.

Innovative proppant technology reduces cost per boe

John M. Terracina, Adam K. Harper, R. Steve Verboom, Hexion Inc.

Operators are optimizing completions to further drive down the cost per boe, with most hydraulic fracturing jobs using uncoated frac sand. While these wells can produce sufficiently, well economics could be improved by utilizing resin-coated proppants.

Regional Report: Permian Basin

Mike Slaton, Contributing Editor

The ultimate U.S. basin shines again

What's New in Production

Don Francis, Contributing Editor

Thanks to the digital transformation (more on that in a moment), you’re already awash in data; what’s to discover?