Shale ///

Riviera Resources sells Michigan properties for $44.5 million

Riviera Resources, Inc., has signed a definitive agreement to sell its interest in properties located in Michigan to an undisclosed buyer for a contract price of $44.5 million, subject to closing adjustments.

Oil potential remains abundant beyond shale

How does the oil and gas industry plan its future in the ever-changing operating environment?

Blackstone, Whiting, Callon consider takeover bids for QEP Resources

QEP Resources Inc. has attracted takeover interest from private equity giant Blackstone Group LP, as well as drillers Whiting Petroleum Corp. and Callon Petroleum Co., according to people familiar with the matter.

Texas pipeline protesters face jail time under new proposal

Oil pipeline protesters who interrupt operations or damage equipment could face up to 10 years in prison under legislation approved by Texas lawmakers.

Shale boom belies oil patch pain amid Weatherford bankruptcy

Oil prices are back up again and the U.S. has become the world’s largest producer and only three years on from a slump in the market. Yet the pain continues for some companies.

Permian drillers pull back amid U.S.-China trade spat

Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices.

Saudi Aramco weighs potential shale investment with Equinor

Saudi Aramco is weighing a potential investment in Norwegian oil company Equinor ASA’s U.S. shale operations in what could be the energy giant’s first ever overseas venture for gas exploration.

Pioneer CEO says Chevron is "bottom fishing" in Anadarko deal

Scott Sheffield, the founder and chief executive officer of shale producer Pioneer Natural Resources Co., thinks Chevron Corp. should take its $1 billion breakup fee and walk away from the Anadarko Petroleum Corp. deal.

Oil and gas in the capitals

Dr. Roger Bezdek, Contributing Editor

Colorado’s calamity

Fueling fracturing with natural gas: Redefining wellsite power for oilfield services

Carrie Murtland, Evolution Well Services

The challenges of fueling hydraulic fracturing operations come in many forms, including consistent fuel supply, efficiency, emissions and safety. Natural gas power generation and specialized fracturing fleets offer answers to many concerns posed by traditional diesel-powered technology, and present a new paradigm for wellsite power.

Pioneer asks senior management to consider retirement, sells assets

Pioneer Natural Resources Co. is asking one-third of its senior managers to retire as the Texas shale oil driller shrinks spending, sells assets and raises dividends.

Hollub could outmuscle rival five times Oxy's size

Occidental Petroleum Corp. CEO Vicki Hollub is on the cusp of winning a David versus Goliath bidding war that has captivated the oil industry.

Going with the flow

Travis Harris, Packers Plus Energy Services

Numerous completion technology advances have emerged to improve stimulation efficiency and lower break-even costs, but the optimal solution depends on the development.

In Crocodile Dundee Country, Australia hunts for giant gas prize

In a corner of outback Australia, a drilling crew will soon try tapping shale rocks that could hold more than three times the world’s annual consumption of natural gas.

Abu Dhabi launches second bid round for five major exploration blocks with substantial oil and gas potential

The Abu Dhabi National Oil Company (ADNOC) has announced, as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC) – the details of the second round of five new geographical oil and gas blocks open for bidding for both conventional and unconventional resources.

Anadarko board faces scrutiny amid $38 billion bidding war

Anadarko Petroleum Corp.’s market value has soared 56% since a bidding war for the American shale driller kicked off two weeks ago.

Saudi Aramco to tap into Jafurah deposits in hopes of becoming "major player" in gas

The world’s biggest oil exporter is ramping up efforts to develop natural gas with plans for a 15-fold boost in output from unconventional deposits of the fuel.

Oil patch shifts from growth to cash flow as U.S. rig count falls

Oil explorers idled rigs in the U.S. for a second consecutive week as operators shifted focus from production growth to cash flow.

Anadarko under pressure to decline Chevron offer as shares rise

It’s becoming increasingly difficult for Anadarko Petroleum Corp. to justify sticking with Chevron Corp.’s $30.9 billion takeover as its shares gain following Occidental Petroleum Corp.’s higher offer.

UK's shale gas commissioner quits over 'de facto' fracing ban

The UK’s commissioner for shale gas, an advocate for the public, has quit after six months, saying government policies and strict rules on hydraulic fracturing are stunting activity.