U.S. Onshore ///

Drillers boost rig activity again as crude production soars

Shale drillers boosted drilling activity in the U.S. oil patch to the highest in three years even as American crude output touched unprecedented levels.

After targeting U.S. farms, China can strike America's shale

China’s tariffs in one corner of the energy market signal U.S. shale fields may follow the nation’s farms as a target if a trade war escalates.

ConocoPhillips provides update on disposition program, acreage additions

ConocoPhillips has provided several updates on disposition activity and early life-cycle acreage acquisition activities.

Oil holds near $63 as crude stocks drop, trade tensions abate

Oil held near $63.bbl after U.S. crude stockpiles declined and trade tensions between the U.S. and China showed tentative signs of easing.

SM Energy divests remaining Williston basin assets

SM Energy Company has announced that it has entered into two definitive agreements, one for the sale of the Company's remaining assets in the Williston basin located in Divide County, North Dakota, and one for the sale of its third-party operated assets known as Halff East located in Upton County, Texas, for combined proceeds of $292.3 million.

Cyberattack pings data systems of at least four gas networks

At least four U.S. pipeline companies have seen their electronic systems for communicating with customers shut down over the last few days, with three confirming it resulted from a cyberattack.

BNK announces IP of over 600 boed from SCOOP well

BNK Petroleum announce that its Glenn 16-2H well, in the SCOOP region of Oklahoma, averaged over 610 boed for the last eight days, while still producing back completion fluid.

WPX Energy exits San Juan basin with $700-million Gallup sale

WPX Energy has closed an agreement to sell its holdings in the San Juan basin’s Gallup oil play to Enduring Resources IV, LLC for $700 million prior to closing adjustments.

Shale patch making money, hiring and ready to drill for more

An upbeat shale patch is hiring and ready to drill, as producers are comfortably making a profit.

Texas-sized gas conundrum emerges in America's busiest oil field

America’s most prolific oil field is now its worst market for natural gas.

Pioneer sells Eagle Ford acreage for $102 million

Pioneer Natural Resources Company has announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10,200 net acres in the western portion of Pioneer’s Eagle Ford shale acreage position for $102 million, subject to normal closing adjustments.

Who's next in the Permian? A short list of targets after Concho deal

Oil-industry watchers have been predicting a wave of buyouts among U.S. shale drillers for years. Has the starting gun finally fired?

Concho Resources' acquisition forms largest unconventional shale producer in the Permian

Concho Resources Inc. and RSP Permian, Inc., announced they have entered into a definitive agreement under which Concho will acquire RSP in an all-stock transaction valued at approximately $9.5 billion, inclusive of RSP’s net debt.

Schlumberger introduces new perforating gun system

Schlumberger has introduced the Tempo instrumented docking perforating gun system at the SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition. This combination of a plug-in gun design with real-time advanced downhole measurements enables and monitors the well’s dynamic underbalance to create clean perforations that boost reservoir productivity.

For some wounded American drillers, the oil rout never ended

More than a year after exiting bankruptcy, SandRidge Energy Inc. is stuck in stock-market purgatory.

Oil companies push U.S. drilling to pace last seen in 2015

Crude companies boosted drilling activity in U.S. oil fields to levels not seen in three years amid rising confidence that worldwide demand will keep energy prices elevated.

NOV develops iron roughneck upgrade for cost-effective performance improvements in the Permian

Operators in the Permian basin cannot always expend the additional capital necessary to procure entirely new equipment—and often, they don’t need to. Upgrades to common rig equipment can provide performance increases without the cost and downtime associated with newbuilds.

U.S. Commerce Secretary to China: Import more U.S. gas to cut trade gap

What would it take for China to reduce its trade gap with the U.S.? Buy more natural gas, says Secretary of Commerce Wilbur Ross.

Ex-Occidental chief in $2.66-billion deal for EnerVest shale

Steve Chazen, who made Occidental Petroleum Corp. a heavyweight of the shale boom, is looking to replicate that success in south Texas with a $2.66-billion deal.

BNK Petroleum reports successful frac stimulation at Oklahoma's Tishomingo field

BNK Petroleum Inc. has announced that the Company has finished the fracture stimulation of the Glenn 16-2H well in the Company’s Tishomingo field, in the SCOOP area of Oklahoma.