Shale ///

LAGCOE registration is now open

Join us at LAGCOE 2019 Oct. 9-11, 2019, in New Orleans for access to state-of-the-art equipment, service, and technologies as well as technical presentations from worldwide leaders in the onshore and offshore oil/gas exploration and production industry.

Midland sees 26% population growth over last decade

Texas oil centers Midland and Odessa were among the fastest growing U.S. metros in 2018.

ONGC places India on world map of heavy oil polymer flooding

Significant oil recovery has been obtained by a pilot in ONGC Becharji heavy oil field in North Gujarat, which was first put on production in July 1988.

API: U.S. continues to lead the world in natural gas liquids, crude oil production

The American Petroleum Institute’s latest monthly statistical report showed that the U.S. sustained its position as the world’s leading oil producer, continuing a pace of 12.1 MMbopd, matching February 2019

Total plans four new wells in Lapa field, offshore Brazil

Total plans four new wells in Lapa field, offshore Brazil.

Colorado Petroleum Council responds to Senate Bill 181 being signed into law

Governor Jared Polis signed Senate Bill 181 into law. Governor Polis’ signature follows the measure’s passage through the Colorado legislature on April 3, 2019.

Chevron's mega-deal proves U.S. energy powerhouse

Amidst the world's focus on climate change and transition to natural gas, the world’s biggest energy companies are focusing on where it all began: American oil.

Donald Trump's executive action speeds critical energy infrastructure

Toby Mack, president and CEO of the Energy Equipment & Infrastructure Alliance (EEIA), has praised President Trump for signing executive orders to support development of critically-needed energy infrastructure.

New products and services

Michele Cowart, World Oil

CGG’s GeoSoftware, part of its Geoscience Division, has launched Jason 10.0, HampsonRussell 10.4 and PowerLog 10.0.

Long game: Reliable, interventionless completions for toe stages

Travis Harris, Packers Plus Energy Services

Adjusting completion plans in extended-reach laterals can reduce risk, lower costs, and expedite bringing wells online.

Majors double down as takeaway crunch eases

Jim Redden, Contributing Editor

They may have arrived late to the shale soiree, but the super-majors have shown up with overflowing wallets, lofty production targets, and they’re setting the tone for the next wave of development in the transcendent Permian basin.

Technology at OTC: Latest advances target additional efficiencies, cost-cutting

This year’s collection of new technologies and products carries on the spirit of last year’s advances, and perhaps even more aggressively, in terms of wringing out further efficiencies and cost reductions.

Permian Basin's future depends on the Reservoir Study Group, or "really smart guys"

Scott Hodges, a 57-year-old manager with Occidental Petroleum Corp., runs a cluster of installations at the Hobbs oil field, where dozens of wells don’t pump a single barrel of oil but instead do the opposite: push stuff -- lots of it -- into the ground.

Economists see growth slowing amid geopolitical uncertainty

The Texas Alliance of Energy Producers Annual Meeting and Expo was held this week in Irving, Texas, just northwest of Dallas. During the opening panel session, the Texas vs. national economies were examined.

Multiple Sclerosis Society seeks to raise funds by selling Permian mineral rights

The National Multiple Sclerosis Society is seeking a buyer for mineral rights on 192 net acres in the oil-rich Permian Basin of West Texas, according to an online posting Wednesday.

BHGE opens Motor Center of Excellence in Oklahoma City

Baker Hughes, a GE company (BHGE) has opened a manufacturing and technology center in Oklahoma City dedicated to advancing the performance, quality and reliability of downhole drilling motors.

Tally Energy Services acquires ReStream Solutions

Tally Energy Services, a private equity-backed oilfield services company with a buy-and-build strategy specializing in shale development, has acquired Austin-based ReStream Solutions.

Phoenix Global Resources granted unconventional concession at Puesto Rojas

Phoenix Global Resources plc, the upstream oil and gas company offering its investors direct exposure to Argentina's Vaca Muerta shale formation and other unconventional resources, has announced that it has been granted an unconventional concession for its Puesto Rojas Block in Mendoza Province.

Colorado oil industry gets overhaul by regulators

Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions.

Gazprom Neft, IBM Research Brazil enhance geological processing with AI

More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills in a research project,