North America ///

Interior Department revises "burdensome" Venting and Flaring Rule

The U.S. Department of the Interior's Bureau of Land Management (BLM) has announced a final rule that revises the 2016 Waste Prevention Rule (also known as the Venting and Flaring Rule).

Gastech 2019: Gas to rise by over 50%, U.S. to become world’s largest LNG exporter

Gastech 2018, the global exhibition and conference at the forefront of the international gas, LNG and energy industries, today heard forecasts that the U.S. will become the world’s leading LNG supplier by 2028 and still be the largest natural gas producer by 2040.

Gardner Denver releases newest pressure pumping fluid end technology

Gardner Denver Petroleum & Industrial Pumps, the only total solutions provider to the drilling, well servicing and frac pumps market, announced the launch of GDNX, the next generation of fluid end technology.

Cheniere, Vitol sign 15-year LNG sale and purchase agreement

Cheniere Energy, Inc., has announced that its subsidiary Cheniere Marketing, LLC, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Vitol Inc.

Henderson acquires HP Piping Solutions, improving service capabilities

Henderson has acquired HP Piping Solutions, specializing in high specification/high pressure fabrication, to further improve its service capabilities within the growing North American oil and gas market.

Crude set for weekly gain as Iran sanctions bite into supply

Crude is poised for a third weekly advance out of four as Iranian sanctions take center stage, with investors eyeing the impact on supply.

Oil declines as supply fears ease, Trump tweets on Chinese trade

Crude dropped the most in almost a month as global supply concerns receded and a demand-killing trade war intensified.

EIA: U.S. overtakes Russia, Saudi Arabia as world's largest crude producer

The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO).

U.S. oil to flow abroad as glut concerns swell discount to Brent

Don’t be surprised to see bumper U.S. oil shipments heading overseas in the coming weeks.

Haynesville natural gas production is increasing, EIA says

In June 2018, natural gas production in the Haynesville shale formation, located in northeastern Texas and Louisiana, averaged 6.4 Bcfd, accounting for 8.5% of total U.S. dry natural gas production and the highest production from this region since September 2012.

Permian oil auction gets record $1 billion as bidding soars

The price to access unexplored shale assets on the New Mexico side of the Permian basin soared to $95,001 an acre in a federal government auction, a record high for North America’s biggest oil field.

LAGCOE 2019 expands to New Orleans, Louisiana

LAGCOE, a nonprofit energy industry organization focused on promoting commerce and connecting people through educational programs and a technical exposition and conference, announced that it will host LAGCOE 2019 in New Orleans, Louisiana, at the Ernest N. Morial Convention Center.

Gordon weakens to tropical depression after shutting in 9% of GOM production

Gordon was rapidly weakening to a tropical depression after coming ashore near the Alabama-Mississippi border late Tuesday and killing at least one person while knocking out power to thousands.

Halliburton sets record for deepwater liner hanger installations

Halliburton Company has announced its XtremeGrip liner hangers have been installed to a depth of 30,924 ft in the Gulf of Mexico Hess-operated Stampede deepwater development, setting a record depth for the XtremeGrip system.

Southwestern Energy to sell Fayetteville shale business for $1.865 billion

Southwestern Energy Company has announced that it has entered into a definitive agreement with Flywheel Energy, LLC, a private company backed by Kayne Private Energy Income Funds, to sell its Fayetteville Shale E&P and related midstream gathering assets for $1.865 billion in cash, subject to adjustments and customary closing conditions.

BP deploys cloud-based analytics solution on Gulf of Mexico platforms

BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Mexico.

Tropical Storm Gordon could be a problem for GOM producers

Tropical Storm Gordon may become a hurricane as it crosses the Gulf of Mexico toward Louisiana and New Orleans, potentially causing issues for natural gas and oil production as it brushes the eastern edge of offshore energy fields.

Ikon Science donates geoscience software to Mexico's ITPE

Ikon Science, the leader in geoprediction technology, has donated 12 of its RokDoc geoscience software licenses to the ITPE - Instituto Tecnológico del Petróleo y Energía in Merida, Mexico.

Penn Virginia to begin auction process in September

Penn Virginia Corp. has reached out to potential buyers including Hilcorp Energy Co. and WildHorse Resource Development Corp. ahead of a sale process slated to start next month, according to people familiar with the matter.

Reabold announces commercial discovery in California's West Brentwood area

Reabold, the oil and gas investing company, has announced that Integrity Management Solutions, contract operator of the company's California investments, has informed the company of a commercial hydrocarbon discovery at the Venturini-Ginochio #3 (VG-3) well within the West Brentwood license area.