U.S. Onshore ///

Highlands Natural Resources provides update for East Denver Niobrara project

Highlands, the London-listed natural resources company, has announced that it has successfully drilled and set surface casing in both the Wildhorse 5-64 15-16-1BHZ and Powell 5-64-15-16-1CHZ wells.

U.S. oil output climbs to two-year high

Oil held losses near the lowest close in more than three weeks as investors weighed expanding U.S. crude output against an extended decline in stockpiles during a period of strong seasonal demand.

Rockcliff Energy acquires additional Haynesville shale rights

Rockcliff Energy has announced that, in addition to its pending acquisition of Samson's East Texas and North Louisiana properties, it has acquired approximately 60,000 net acres of Haynesville shale rights.

Oil halts slide near $48 on signs U.S. stockpiles extended drop

Oil halted its slide near $48/bbl as industry data showed U.S. crude stockpiles declined again, further trimming an inventory surplus.

API: Trump's executive order an important step in streamlining energy infrastructure

API President and CEO Jack Gerard called President Trump's executive order to streamline energy infrastructure an important step in speeding up projects, creating jobs, and improving government efficiencies in delivering energy Americans demand.

Whiting Petroleum to sell assets in North Dakota's Bakken for $500 million

Whiting Petroleum Corporation has agreed to sell its Fort Berthold Indian Reservation area assets, located in Dunn and McLean Counties, N.D., to RimRock Oil & Gas Williston, LLC. The cash purchase price is $500 million, subject to customary adjustments.

Oil production in U.S. shale plays increases to record level

Oil output from major U.S. shale plays is poised to reach a fresh record next month.

BNK Petroleum reports completion of fracture stimulation in Oklahoma's SCOOP

BNK Petroleum Inc. has announced the completion of the fracture stimulation of the Hartgraves 1-6H well (100% working interest), which is located in BNK’s Tishiminogo field, in the SCOOP region of Oklahoma.

Nabors agrees to acquire Tesco Corp. in all-stock transaction

Nabors Industries Ltd. has announced that the company has signed an arrangement agreement to acquire all of the issued and outstanding common shares of Tesco Corporation.

Carrizo Oil & Gas announces closing of Delaware basin acquisition

Carrizo Oil & Gas, Inc., has announced that it completed the closing of the transactions contemplated by the purchase and sale agreement with ExL Petroleum Management, LLC, and ExL Petroleum Operating Inc.

Highlands Natural Resources begins drilling at its East Denver Niobrara Project

Highlands, the London-listed natural resources company, is pleased to announce that it has successfully mobilized and assembled a horizontal drilling rig at its East Denver Niobrara Project, a shale oil and gas project in Colorado, and commenced drilling its first well on Aug. 10, 2017.

Andeavor to develop Conan crude oil gathering pipeline system in Delaware basin

Andeavor is pleased to announce that it received sufficient commitments from third party shippers to warrant construction of the Conan crude oil gathering pipeline system in the Delaware basin.

Patterson-UTI reports stable summer rig count, credits demand for high-spec rigs

Patterson-UTI Energy has reported that for the month of July 2017, the company had an average of 162 drilling rigs operating, including 159 in the U.S. and three rigs in Canada.

Shaletech: Eagle Ford Shale

Jim Redden, Contributing Editor

Making hay in a temperamental market

U.S. operators are teed up for a drilling resurgence

Alex Endress, Craig Fleming, Kurt Abraham, World Oil

Drilling activity is noticeably higher, as American drillers climb out from historically low levels.

Pantheon Resources provides update on East Texas operations

Pantheon Resources plc, the AIM-quoted oil and gas exploration company with a working interest in several conventional projects in Tyler and Polk Counties, onshore East Texas, has provided the following update.

Gas sellers warn hard-bargaining buyers: market is turning

A worldwide glut of natural gas has buyers of the fuel driving hard bargains and pushing for shorter supply contracts. The only problem with that, according to their sellers: The market’s about to turn against them.

Keystone XL path up for grabs as Nebraska Commission weighs in

The future of TransCanada Corp.’s Keystone XL pipeline could hinge on whether a Nebraska commission believes the project is in the public’s interest or a private land grab as property owners claim.

What's New in Exploration

William (Bill) Head, Contributing Editor

Does anyone in the television media know what E&P entities do, and what comprises energy companies?

Energy Issues

William J. Pike, World Oil

Producers have recently reacted to stagnant oil prices with announcements of cuts in capital spending.