Energy Hunter Resources has agreed to acquire an undivided ownership interest in certain oil producing properties in Reagan County, Texas, from an undisclosed seller.
After jumping the most in nine months, oil is expected to climb further after OPEC beat the odds to agree on an output cut. Just don’t expect the rally to last.
The U.S. shale industry, gutted by 2 1/2 years of bankruptcies, writedowns, credit downgrades and layoffs, is poised to step back from the brink, thanks to an old enemy: OPEC.
The biggest beneficiaries of OPEC’s decision to shrink oil production will include its most implacable enemies: U.S. shale drillers.
Private equity firm Juniper Capital II, L.P. has announced a strategic partnership with BoomTown Oil to pursue and develop conventional and unconventional plays across multiple basins in the Lower 48, initially focusing on the Eagle Ford shale in South Texas.
The oilfield service companies that supply everything from sand to sophisticated robot rigs are seeking a new lease on life as America’s fracing fortunes begin to turn.
China is on the verge of receiving its second shipment of shale gas from the U.S.
An oil price surge triggered by a successful OPEC agreement to cut production could be snuffed out as supply surges back, according to the head of International Energy Agency.
Two of the world’s fastest-growing economies have barely noticed the first year of unrestricted U.S. crude exports since the 1970s.
Swift Energy has entered into a purchase and sale agreement to sell its Lake Washington field in southeast Louisiana.
API released a new report by Catalyst Environmental Solutions showing that the Environmental Protection Agency’s (EPA) finding of no widespread effects to drinking water quality is supported by state and federal regulatory reviews, and dozens of recent peer-reviewed case studies.
In some parts of western Canada, small to moderate earthquakes have been induced by oil and gas hydraulic fracturing operations. In Alberta, this type of induced seismicity is mainly concentrated within an area located about 30 km west of the town of Fox Creek.
Shale drillers in the U.S. are about to tighten their grip on the global natural gas market.
America’s natural gas glut probably grew by 30 Bcf last week. For context, consider the usual gain for this time of year: 3 billion.
The U.S. is set to export a record number of cargoes of shale gas this month.
Unleashing potential hinges on government policies
Energy Transfer Partners said Thursday that its Dakota Access crude pipeline, plagued by protests for months, is still set to be in service by spring.
U.S. natural gas stockpiles climbed to a record last week as warm weather curtailed demand for the heating fuel, according to a U.S. government report.
Studies into unconventional oil and gas by the Scottish Government clearly demonstrate the economic case for promoting exploration in Scotland while showing a pathway for other risks to be mitigated. The industry will participate fully in the consultation announced by the Scottish Government and believes that the case for lifting the moratorium on unconventional oil and gas development has been made.
Resource Energy Can-Am LLC has announced that it has closed on its previously announced agreement to acquire assets in the North Dakota Bakken formation from Samson Resources Company.