U.S. Onshore ///

RRC names assistant executive director, O&G division director

The Railroad Commission (RRC) of Texas announced Danny Sorrells will serve as assistant executive director and oil & gas division director. Since Aug. 1, Sorrells has served as acting oil and gas division director.

Highlands Natural Resources provides operations update on East Denver Project

Highlands, the London-listed natural resources company, provides the following update about the six new wells being funded entirely by Highlands' partners at its East Denver Project.

Texas Alliance announces full endorsement for RRC chairman

The Texas Alliance of Energy Producers Executive Committee has announced their full endorsement of Christi Craddick for re-election at the Railroad Commission of Texas.

Cubility announces its largest product deployment to the North American market

Cubility AS, a provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced that it has sold a substantial number of MudCube systems to its exclusive distribution partner Stage 3 Separation for immediate deployment to Stage 3 Separation customers in the land drilling market.

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).

U.S. gas a no-go for Chinese buyers despite weaker tariff

Even with China’s smaller tariffs on U.S. natural gas, American cargoes may still be shunned by Chinese traders trying to navigate the ongoing trade war.

Vitol-Cheniere pact shows long-term LNG deals aren't dead

Developers of LNG export terminals can breathe a sigh of relief: A supply boom hasn’t killed the long-term contracts that underpin the projects.

Trade war escalation could slow U.S. LNG expansion

U.S. gas is under threat as a trade war with China escalates.

Matador revealed as mystery buyer in record Permian auction

Matador Resources was the anonymous purchaser of drilling rights in the Permian that fetched a record $95,001/acre.

Trump takes assault on Obama climate rules on oil wells

The Trump administration has proposed relaxing Obama-era mandates meant to limit methane leaks from oil wells as part of a broader assault on federal regulations designed to combat climate change.

PetroChina inks its biggest Qatar LNG deal as U.S. trade at risk

PetroChina signed a deal with Qatargas Operating to purchase 3.4 MM tons of LNG annually, the Chinese company’s biggest supply deal.

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.

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.

Anadarko Petroleum shuts-in GOM production as storm approaches

Oil traded near $71/bbl in New York as Tropical Storm Gordon forces evacuations at fields along the U.S. Gulf Coast and threatens supply.

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.

TransCanada's shale gas pipe cost jumps by $1 billion

TransCanada Corp. won a 49% price increase for space on the pipeline it’s building to haul shale gas from Appalachian fields as labor shortages and escalating land prices pushed construction costs almost $1 billion higher.

Drowning in dirty water, Permian seeks $22-billion lifeline

In West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it.

Exxon to seek wind, solar power delivery in Texas

Exxon Mobil has been looking to buy renewable energy for delivery in Texas.

Crude holds above $68 as U.S. rigs drop at fastest pace since 2016

Oil held above $68/bbl on slowing American drilling and investor optimism after a breakthrough in a trade standoff between the U.S. and Mexico.