U.S. Onshore ///

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

Apache Corp. has announced steady progress at Alpine High since revealing the discovery last year.

Pioneer announces 11% production increase from Spraberry/Wolfcamp

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

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

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

Gardner Denver Petroleum & Industrial Pumps (P&IP), 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

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

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

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

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.

BNK Petroleum reports initial production of 730 boed at Brock 9-2H well

BNK Petroleum Inc. has announced that the Brock 9-2H well (100% working interest) averaged about 730 boed, of which 625 bbl are oil, for the last 5 days, while still producing back completion fluid.

Positive signs for oilfield services sector as U.S. onshore market set to grow, Westwood says

Westwood Global Energy Group, energy market research consultancy, has published a new market outlook for the U.S. drilling and completion market for the period from 2018 to 2022.

Patterson-UTI Energy completes acquisition of MS Energy Services

Patterson-UTI Energy, Inc. announced today that it has closed the previously announced acquisition of Multi-Shot, LLC, doing business as MS Energy Services.

Chevron contributes $500,000 to California wildfire relief efforts

Chevron has announced a contribution of $500,000 from the Chevron Global Community Fund to the American Red Cross in support of immediate relief efforts for the wildfires in Northern and Southern California.

Dakota Access boosts drillers, but won't be a Bakken game-changer

Once hailed as the spur for a North American "energy renaissance," the $3.8 billion Dakota Access pipeline has limited driller costs in its first four months in operation.

Back-up cutters prevail in hard and abrasive rock

Seth Anderle, Brad Dunbar, Shilin Chen, Halliburton

A new backup cutter layout extends bit life without sacrificing rate of penetration.

Little-known gas rules pit a green group against power companies

Little-known U.S. natural gas market rules are becoming the latest flash point in an environmental group’s battle against pipelines it says aren’t needed.

BNP Paribas to halt shale oil financing

BNP Paribas SA promised to stop financing shale and oil sands projects as part of its latest efforts to tackle climate change.

Trump's red light for Iran deal: What's at stake for oil and gas

Iran, already struggling to attract investors to its energy industry, may find things tougher still as U.S. President Donald Trump tries to undermine the nuclear deal that eased sanctions on OPEC’s third-largest crude producer.

Kalnin Ventures becomes leading player in the Marcellus with $210-million acquisition

Kalnin Ventures LLC has announced that an affiliate of its BKV Oil and Gas Capital Partners, LP fund, has entered into purchase and sale agreements with respect to the Fund’s fifth acquisition of assets in just over two years in the northeast portion of the Marcellus shale.