Shale ///

Oil's hired hands are looking beyond shale to an overseas "boomlet"

The world’s biggest oilfield-service companies may have finally found something to talk about beyond the U.S. shale boom.

‘Bridge to Nowhere’ leaves pent-up Permian gas problems unsolved

A major Mexican pipeline opened this week after almost two years of delays. That’s the good news for drillers across the border who are seeking an expanded market for natural gas siphoned from the pent-up Permian basin.

Diversity is in vogue again as oil investors see potential beyond shale

Suddenly, diversity is in again for the oil business.

WoodMac: ICE announces futures contract based on Permian crude to Houston

Today, the Intercontinental Exchange Inc. (ICE), an operator of global exchanges and clearing houses for the financial and commodity markets in the U.S., announced plans to launch a new Permian West Texas Intermediate (WTI) crude oil futures contract with physical delivery in Houston.

Colorado drillers fuel record oil output in rush to finish wells

Booming oil production in Colorado is fueling record output in the Niobrara basin that spans four states.

Emerge Energy Services to open new frac sand terminal in British Columbia

Superior Silica Sands LLC, a subsidiary of Emerge Energy Services LP, has announced that it has signed an agreement with a third-party logistics provider, Torq Energy Logistics Ltd., to open a new frac sand terminal in Buick, British Columbia.

PetroShale announces $55-million deal in the North Dakota Bakken

PetroShale Inc. has announced that it has entered into an agreement with an independent oil and gas company to acquire high-quality, light oil-weighted assets in the core of its focus area in the North Dakota Bakken.

U.S. is set to become world's top oil producer, government says

The U.S. government sees oil production further climbing next year even amid transportation logjams in the country’s most prolific shale play.

Permian pinch spurs pipeline binge, and fears of overbuild

The pipeline crunch threatening the world’s hottest shale play won’t be solved until at least the back half of next year. But then, the floodgates will open.

BP is front-runner to buy BHP's U.S. shale unit

BP Plc has emerged as the front-runner to buy BHP Billiton Ltd.’s onshore oil and gas operations in the U.S., according to a person familiar with the matter.

Sumitomo Corporation invests in Texas oil production

Sumitomo Corporation's Representative Director, President and CEO, Masayuki Hyodo, is pleased to announce that subsidiary company, Summit Discovery Resources II LLC has reached an agreement with IOG Gonzales 1835 LLC, an entity managed by IOG Capital, LP, Covington Equity Investments LLC and 1836 Resources, LLC to acquire certain producing Eagle Ford properties in South Texas.

Clariant enhances capabilities at Clinton, Oklahoma facility

Clariant, a world leader in specialty chemicals, hosted a grand opening event for their new facilities based in Clinton, Oklahoma.

Hess Corp. announces $400-million sale of Utica shale acreage

Hess Corporation announced that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1.

Texas oil and gas production statistics for April 2018

Production for April 2018 as reported to the Railroad Commission of Texas (Commission) is 83,157,720 barrels of crude oil and 548,754,930 mcf (thousand cubic feet) of total gas from oil and gas wells.

Sabine Oil sells interest in Texas shale assets to Osaka Gas

OG East Texas, LLC has entered into an agreement with Sabine Oil & Gas Corporation to acquire 35% of Sabine’s working interest in the gas properties located primarily in Harrison and Panola Counties, Texas, U.S.

Chemstream proves ShaleTech advances start in the lab

HOMER CITY, Pa. -- In the past year, Chemstream has transformed what once was a small area nestled at one end of the company’s headquarters into a spacious, state-of-the-art laboratory.

Gulf Energy Information, World Oil partner with PBWMC to host day two of ShaleTech

Gulf Energy Information, the media and market intelligence company that produces World Oil and its associated events, is pleased to announce the addition of a special water management segment at ShaleTech 2018.

Oasis Petroleum to divest certain Williston basin assets

Oasis Petroleum Inc. has signed two separate purchase and sale agreements to sell an estimated 4,400 boed of net production and approximately 65,000 net acres of non-core assets in the Williston basin for $283 million.

China trade fight puts billions in U.S. energy projects in doubt

China Energy Investment Corp. pledged almost $84 billion in shale gas and chemical manufacturing projects across West Virginia after President Donald Trump’s trade mission to Beijing in November, but when it came time to discuss details officials were a no-show.

Icahn won't bid for SandRidge after winning control of board

Activist investor Carl Icahn won’t make a bid to buy oil and gas explorer SandRidge Energy Inc., the company said in a regulatory filing Monday.