U.S. Onshore ///
According to Energy Security Analysis’ North America Watch, production of crude oil from the Permian basin will continue to outpace pipeline capacity in the region.
Patterson-UTI Energy announced today that it has closed its merger with Seventy Seven Energy Inc. stockholders of Seventy Seven Energy are entitled to receive 1.7851 shares of newly issued Patterson-UTI common stock in exchange for each share of Seventy Seven Energy.
Texas Attorney General Ken Paxton and 10 of his Republican counterparts are joining forces in court to help derail a probe into whether Exxon Mobil Corp. misled investors about climate change.
Since the early days of U.S. shale development, we have observed impressive efficiency and well productivity gains realized by E&P companies. These gains were triggered by a gradual learning process, optimization of completion techniques and well configuration, and high grading of drilling locations and equipment.
U.S. environmental chief Scott Pruitt announced plans to roll back an Obama-era methane rule expected to cost oil and natural gas operators $320-$530 million a year.
Add almost 50,000 bbl of drilling fluids released into Ohio wetlands to the issues that have plagued Energy Transfer Partners LP’s $4.2 billion Rover natural gas pipeline.
Oil dropped to a two-week low after a report showed U.S. gasoline supplies gained for the first time in nine weeks as crude output rose.
Oil dropped to the lowest in more than a week on signs U.S. output is rebounding, undermining OPEC’s efforts to clear a global glut.
You wouldn’t think an oilman would draw inspiration from Roy Disney, whose uncle turned a cartoon mouse into a U.S. icon, when things get tough. But that’s exactly what Mark Siegel, the chairman of Patterson-UTI Energy Inc., said he did on Dec. 13, when his company’s value plunged the day after it announced a $1.4 billion deal for rival Seventy Seven Energy Inc.
As the North American shale revolution has evolved, spawning new technologies and strategies for drilling and completing horizontal wells with longer laterals and increased frac staging, the upstream oil and gas industry is still learning how to construct wells for maximum, long-term production.
A BP well on Alaska’s North Slope is no longer leaking crude oil or natural gas, a spokeswoman said Monday. Environmentalists, describing the well as "out of control,” called on the state to investigate.
As President Donald Trump contemplates whether to make good on his campaign promise to yank the United States out of the Paris climate accord, an unlikely lobbying force is hoping to talk him out of it: oil and coal producers.
Oil eased losses as growth in U.S. drilling was partially offset by a weaker dollar.
Blackstone Group LP agreed to acquire pipeline company EagleClaw Midstream Ventures for about $2 billion in cash, the latest deal in the prolific Permian basin of West Texas.
A well operated by BP Exploration Alaska Inc. on Alaska’s frigid North Slope is no longer spraying crude oil after leaks were discovered Friday morning.
With a $3-billion purchase from ConocoPhillips, billionaire oilman Jeffrey Hildebrand is once again trying to succeed in a corner of the oil and gas world others are leaving behind.
Fairway Energy Partners, LLC (Fairway) today announced that it has commenced initial commercial operation at its Pierce Junction Crude Oil Storage Facility.
Mohawk Energy, a developer of tubular expansion technologies, today announced the launch of ThruPatch custom accessories.
GEODynamics, Inc.’s Engineered Perforating Solutions Division has begun field testing of the latest addition to the family of multi-stage-plug-and-perf products.
The Society of Exploration Geophysicists has released a major update to the venerable SEG-Y workhorse seismic data exchange standard.