Shale ///

In Icahn-SandRidge tiff, bitter words hide overlapping targets

The oil industry’s ugliest battle is heading for a climax in Oklahoma City on Tuesday. But SandRidge Energy Inc. is probably bound for the auction block anyway.

Shell seen reclaiming dominance in Texas shale country

Shale oil hasn’t always been Royal Dutch Shell Plc’s best friend, but they’re working on the relationship.

President Energy reports 50% output increase at Puesto Flores field

President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update in relation to its workover program at Puesto Flores field in Rio Negro Province, Argentina.

Rick Perry wants to help Argentina be more like Texas

The U.S. government is getting in on a shale boom 5,000 mi (8,000 km) from home.

Rice University engineers advance NMR models for oil and gas

New work by Rice University chemical engineers may make it easier to characterize unconventional oil or gas shale formations.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

Magnolia Petroleum sees potential sale of North Dakota assets to avoid bankruptcy

Magnolia Petroleum plc, the U.S. focused oil and gas E&P company, has announced that it has signed a non-binding agreement with a third party for the sale of all its wells in which it has varying interests in North Dakota, being approximately 31 wells, for a total consideration of $1.5 million.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

Oil play ditched years ago draws EOG, Conoco as Permian fallback

The next frontier for U.S. oil’s resurgence may come on familiar terrain.

IHS Markit: "Stunning" Permian oil production to more than double from 2017-2023

Oil production in the Permian basin, already a major force in global supply growth, will rise nearly 3 MMbpd by 2023—a level of growth exceeding most recent estimates, a new outlook by business information provider IHS Markit says. What the report describes as a “stunning” level of growth will comprise more than 60% of net global production growth during that timeframe.

MEI projects Marcellus, Utica and Permian to supply 55% of U.S. gas by 2030

McKinsey Energy Insights (MEI), the data and analytics specialist that provides distinctive insight to the global energy industry, forecasts that the Marcellus, Utica, and Permian shale plays will supply 55% of the North American gas market by 2030.

Oil explorers hungry for "super-spec" rigs expand U.S. drilling

Oil drillers added more rigs in the U.S. this week, undaunted by pipeline bottlenecks that are hindering efforts to ship crude from the nation’s busiest field.

Permian frenzy drives U.S. crude exports to all-time high

Booming U.S. shale production is fueling record crude exports, with shipments reaching an all-time high of 1.76 MMbpd in April.

Devon shares jump as $3.13-billion EnLink sale boosts buyback

Devon Energy Corp. climbed the most in a month in New York trading after announcing a sale of its pipeline and processing unit that will fund $3 billion in additional share buybacks.

BHP is said to get shale bids valuing unit up to $9 billion

BHP Billiton Ltd. has received first-round bids for its U.S. shale portfolio from oil majors including BP Plc and Chevron Corp., valuing the unit at $7 billion to $9 billion, people familiar with the matter said.

Echo Energy completes drilling of ELA-1 exploration well in Argentina

Echo Energy plc, the Latin American focused upstream oil and gas company, announces the succesful completion of drilling of the ELA-1 exploration well at the Company's Laguna Los Capones Asset (surrounded by the Fracción C licence area), onshore Argentina.

Gas glut in Permian sparks dilemma over how much to burn

Texas is facing a burning question that’s pitting the state’s economy against its environment, and oil drillers against each other.

Qatar Petroleum acquires 30% equity in two ExxonMobil affiliates in Argentina

Qatar Petroleum has entered an agreement with ExxonMobil to become a 30% equity holder in two ExxonMobil affiliates in Argentina, which hold different interests in hydrocarbon licenses for seven blocks in the world-class Vaca Muerta play in the onshore Neuquén basin.

Mayan Energy provides development update for Stockdale field gas discovery in Texas

Mayan Energy has announced its plans for the development of the gas discovery at the Morris #1 well at Stockdale field, Wilson County, Texas. The Company has a 60% working interest (WI) and 45% net revenue interest (NRI) in Stockdale field.

Hedge funds battle physical oil traders over Permian logjam

The widest gap in three years between U.S. and global oil prices is shaping up as a battle between trading giants who see an opportunity to export millions of barrels at great profit and financial players betting pipeline bottlenecks will make Texas crude even cheaper.