Shale ///

Dresser-Rand commissions its first small-scale LNG production solution

The Dresser-Rand business, part of Siemens Power and Gas, has commissioned its first small-scale natural gas liquefaction system at the Ten Man liquefied natural gas (LNG) facility near Mansfield, Pa.

Oil falls as IEA chief sees ‘significant’ boost to U.S. output

Oil fell in New York, reversing earlier gains, after the head of the International Energy Agency (IEA) predicted a rebound in U.S. supply.

Oil bosses see shale rebound capping 2017 price surge

Top oil industry officials in Davos aren’t turning completely bullish just yet. Capping their enthusiasm is U.S. shale oil, which is likely to limit price increases and usher in a period of greater volatility.

Owen Oil Tools launches new line of shaped charges for unconventional frac operations

Owen Oil Tools, a division of Core Laboratories, recently launched its HERO PerFRAC line of shaped charges.

ShaleTech: SCOOP/STACK

Jim Redden, Contributing Editor

High-flying duo checks all the boxes

A new approach to optimizing plug-and-perf completions

Duke VanLue, Downhole Technology

Using improved methods and the latest composite frac plug technology, operators can reduce running time, enhance reliability, and achieve efficient drill-outs without short trips.

Noble Energy expands in Permian with $2.7-billion Clayton Williams buy

Noble Energy is to acquire all of the outstanding common stock of Clayton Williams Energy for $2.7 billion in a stock and cash deal.

As OPEC acts on New Year’s resolution, U.S. shale pumps away

U.S. shale is getting in the way of a New Year’s resolution by OPEC to cut production and boost the market.

Anadarko to sell Eagle Ford assets in $2.3-billion deal

Anadarko Petroleum has agreed to sell its Eagle Ford shale assets in South Texas for approximately $2.3 billion to Sanchez Energy Corporation and Blackstone Group LP.

Dragon Products expands frac equipment rebuilding efforts

Dragon Products is expanding its frac equipment rebuilding efforts to help oil production companies meet new market demand.

STEP reduces offset well hits by deploying far-field diverter technology

Recognizing that fracturing operations often influence the production of parent wells, STEP Energy Services (STEP) recently collaborated with a Montney producer to reduce offset well communication by using its far-field diverter technology, STEP-PLEX.

Pampa sets sights on Argentina’s tight gas as Vaca Muerta drags

Pampa Energia SA wants to become one of Argentina’s main producers of tight gas following its acquisition of Petrobras Argentina SA, because those prospects are currently more profitable than shale gas in the giant Vaca Muerta formation.

Comstock Resources adds to Haynesville acreage with joint development venture

Comstock Resources has entered into a joint development venture that will target the Haynesville shale.

Reluctant activist sees heart of shale being ripe for deals

After years of calling for it privately, Barnes Hauptfuhrer decided that early 2017 was finally time to go public with his desire to see a makeover of America’s hottest natural gas play.

Crown jewel of U.S. shale fuels endless pursuit of Williams

Williams Cos. CEO Alan Armstrong has something everybody wants, and he knows it. “It’s a gold mine,” he says. “It’s irreplaceable.”

SM Energy sells Eagle Ford assets for $800 million

SM Energy Company has entered into a definitive agreement with a subsidiary of Venado Oil and Gas, an affiliate of KKR, for the sale of the company's third-party operated assets in the Eagle Ford, including its ownership interest in related midstream assets, for a purchase price of $800 million.

Legacy pressure pumping company BJ Services re-emerges

BJ Services has re-emerged as North America’s largest pure-play oilfield pressure pumping company.

Biggest fourth-quarter gas rally in 16 years may spill into 2017

U.S. natural gas prices are on track to cap their biggest fourth-quarter rally in 16 years, turning the fuel into the best-performing commodity of the year.

Shale drillers promise no 2017 binges as oil hangover eases

Shale oil companies are ready to play chicken with supply and demand again.

Shale specter haunts OPEC’s feast as oil seen rallying into 2017

After pulling off the biggest oil-market deal in a decade, OPEC faces a new balancing act in 2017: boosting prices without igniting shale.