U.S. Onshore ///

Oil holds gains above $58/bbl as U.S. drillers pause rig expansion

Oil held gains above $58/bbl as trading resumed following the Christmas holiday and after U.S. explorers refrained from adding rigs for a second week.

America's hottest oil play just needs a few thousand truckers

When the price of oil collapsed in 2014 and disrupted drilling operations all across Texas’s massive Permian basin shale formation, truckers were among those hardest hit. Rendered unnecessary by the slump in output, they were fired in scores. Now, three years later, with oil prices inching back higher and production in the Permian soaring once again, the drillers want the truckers back.

Oil's bull run wavers as investors wait to see what 2018 holds

After a months-long build-up, investors are wavering, concerned U.S. crude will continue to boom in 2018, undercutting OPEC’s push to drain a global glut.

Mayan Energy provides operational update regarding Anacacho, Forest Hill fields

Mayan, the AIM listed oil and gas company, is pleased to announce additional progress in its development program at Kelly Lynne (Anacacho) field at Stockdale, Wilson County, Texas, in which the Company has a 60% working interest (WI) and 45% net revenue interest (NRI) and Forest Hill field, Wood County, Texas, in which the Company has a 70% WI and 52.5% NRI.

Crude trades near two-week high after U.S. stockpiles plunge

Oil traded near the highest close in more than two weeks after crude stockpiles in the world’s largest economy slid more than forecast to a two-year low.

Mexican protesters disable $400-million natural gas pipeline

A chunk of Sempra Energy’s natural gas pipeline sits in the dirt behind a community center in the village of Loma de Bacum in northwest Mexico.

NOV develops MWD system for Permian applications

Demand in the Permian basin for an MWD system with both electromagnetic (EM) and mud-pulse (MP) data transmission capabilities is increasing. ReedHycalog, a business unit of National Oilwell Varco’s Wellbore Technologies segment, developed the BlackStar II dual-telemetry MWD tool for use in such applications.

Drillers flock to Rockies as sleepiest corner of shale awakens

It’s not exactly the Pike’s Peak gold rush of 160 years but with crude prices on the rise, explorers are returning to the oil-rich rock of Colorado as a way to expand beyond the shale plays of Texas and New Mexico.

Tenaris unveils seamless pipe mill in Bay City, Texas

Tenaris unveiled its $1.8 billion state-of-the-art seamless pipe mill in Bay City, Texas, Monday before local, state and federal representatives, including U.S. Department of Energy Secretary Rick Perry and Texas Governor Greg Abbott.

TransCanada seeks to file amended Keystone plan in Nebraska

TransCanada Corp. is seeking consent from Nebraska regulators to amend its Keystone XL pipeline application in a bid to tackle concerns over the alternative route that was approved.

Innovative thinkers

Emily Querubin, World Oil

John Terracina: Bringing the frac fluid flair

First Oil

Kurt Abraham, World Oil

A need for leadership

Shaletech: Haynesville-Bossier Shale

Jim Redden, Contributing Editor

Brighter gas fundamentals spark second wind

Permian producers push the envelope for output growth in 2018

Alex Endress, World Oil

Operators are still testing the limits of unconventional technology in the Permian basin, but increased drilling activity likely means steady production gains for next year and beyond.

New report finds Marcellus shale development unrelated to Pennsylvania mortality rates

Mortality rates in the six Pennsylvania counties with the most Marcellus Shale development have declined or remained stable since shale production began in the region, according to a new Energy In Depth-commissioned report. The findings directly refute accusations from anti-energy groups that the fracing boom is a threat to public health.

Oasis Petroleum acquires Delaware basin assets for $946 million

Oasis Petroleum Inc. has announced that it has entered into a definitive purchase and sale agreement with Forge Energy, LLC, to acquire 20,300 net acres in the Delaware basin (the Permian assets) for approximately $946 million.

Valorem Energy closes on $285-million acquisition of Williston basin assets

Valorem Energy, LLC, announced that it has closed on its acquisition of LINN Energy, Inc.’s Williston basin interests for a purchase price of $285 million.

Chisholm Energy expands acreage position in New Mexico's Delaware basin

Chisholm Energy Holdings, LLC, today announced that it has signed a definitive agreement to acquire undeveloped acreage from Resource Rock Exploration, LLC. The acreage, which contains multiple horizontal reservoir targets in the Bone Spring and Wolfcamp Formations, is located in Eddy County in New Mexico's Delaware basin.

U.S. ready to ship more natural gas to Middle East as Saudis get offer

U.S. natural gas exports could find buyers in the oil-rich Persian Gulf as countries there look to meet surging demand.

EIA: Appalachia drives growth in U.S. natural gas production since 2012

Shale gas production in the Appalachia region has increased rapidly since 2012, driving an overall increase in U.S. natural gas production.